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Property Administrators
What they do?
Property administrators perform some or all of the following duties:
A. Negotiate or approve rental or lease of various properties in a portfolio on behalf of property owners and ensure that terms of lease agreement are met
B. Prepare and administer contracts for provision of property services, such as cleaning and maintenance, security services and alarm systems
C. Co-ordinate the implementation of repairs, maintenance and renovations carried out on buildings and monitor progress and cost of work for property owners
D. Compile and maintain records on operating expenses and income, prepare reports and review rents to ensure they are at market value
E. Ensure that trouble calls received from clients or tenants are acted upon
F. Administer damage deposits
G. May hire and supervise rental agents, property clerks, building superintendents or other support staff performing operational, clerical or maintenance duties.
Where they find work?
1. Real estate and rental and leasing - 80.0%
2. Public administration - 4.0%
3. Construction - 2.0%
4. Finance and insurance - 2.0%
5. Administrative and support waste management and remediation services - 2.0%
What education do I need?
1. You must have a high school diploma.
2. You may need a training course or vocational program in property management or real estate.
3. You may also need administrative experience as a property clerk, contract clerk or administrative officer.
4. Most recent entrants have a community college diploma, and almost 2 in 5 have an undergraduate unversity degree.
High School Subject that will help:
1. Accounting
2. Math
3. English
What can you expect to make:
The average hourly wages for Property Administrators is $18.37/HR, which is close to the average for occupations in the business, finance and administration sector and are close to average for all technical, professional, and skilled occupations. These wages grew at an average rate from 2002 to 2004.
Average Wage
Expected Wage by Age
Unemployment:
2% of Property Administrators are unemployed. This rate is below the average for technical, professional, and skilled occupations.
Unemployment
Trends in Unemployment
Current Job Outlook:
The job outlook for Property Administrators is considered Average because:
1. Employment grew at an average rate.
2. The retirement rate is above average, and the number of retiring workers contributes to job openings.
3. Hourly wages ($18.37) are close to the average ($18.07), and the rate of wage growth is close to the average.
4. The unemployment rate (2%) is below the 2004 average (7%).
Future Job Prospects:
Your job outlook will continue to be Average because:
1. The employment growth rate will likely be close to the average.
2. The retirement rate will likely be above average and the number of retiring workers should contribute to job openings.
3. The number of job seekers will likely match the number of job openings.
Highest Concetration:
The highest concentrations (per 10,000 people) of Property Administrators are found in Alberta and British Columbia while the lowest concentrations are in Prince Edward Island and Newfoundland.
Unionization Rate:
The unionization rate (10%) is below the average (32%) for all occupations.
Useful Experience:
1. Computer literacy
2. Communication skills
3. Project management
Part Time Workers
Part time workers:
10% of Property Administrators are employed only on a part-time basis. There were 27,600 workers employed in these occupations in 2004, a decrease of 2% since 1997.
Age Demographics
Age Demographics:
The relatively low percentage of younger workers suggests few entry-level job openings, and could point to a greater need for workers with experience or a number of years of training. The retirement rate to 2009 will likely be above average because of a tendency to retire at an earlier-than-average age (60).
