careers.novascotia.ca

Property Administrators

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NOC:1224
Occupation:Property Administrators
Category:Business, Finance, and Administration

About the job

Nature of work:

Property administrators perform administrative duties and coordinate activities related to the management and rental of investment property and real estate on behalf of property and strata property owners. They are employed by property, real estate and strata services management companies, property development companies and by government.

Job duties:
Property administrators perform some or all of the following duties:
  • 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.
  • Prepare and administer contracts for provision of property services, such as cleaning and maintenance, security services and alarm systems.
  • Coordinate the implementation of repairs, maintenance and renovations carried out on buildings and monitor progress and cost of work for property owners.
  • Compile and maintain records on operating expenses and income and prepare reports and review rents to ensure they are at market value.
  • Ensure that trouble calls received from clients or tenants are acted upon.
  • Administer damage deposits.
  • May hire and supervise rental agents, property clerks, building superintendents or other support staff performing operational, clerical or maintenance duties.
Sample job titles:
  • accommodation officer
  • apartment rental agent
  • building managing supervisor
  • commercial property manager
  • landlord/lady
  • property administrator
  • property rental agent
  • real estate rental agent
  • rentals agent
  • residential property manager
Skills:

To work in this field, you need excellent communication, organizational, and negotiation skills. You must be methodical and have basic numeracy skills to monitor rents, expenses, and the cost of repairs and maintenance.

Job requirements:
  • Completion of secondary school is required in Nova Scotia.
  • Completion of training courses or a vocational program in property or strata management or real estate may be required.
  • Several years of administrative experience as a property clerk, contract clerk, or administrative officer are usually required.
Other considerations:

None

Labour Market Information

Work Prospects:Fair

The employment outlook over the next few years for this occupational group is “average”, which indicates the chances of a qualified individual finding work is comparable to the average for all occupations in Nova Scotia. This is a fairly large occupation in Nova Scotia so job opportunities occur fairly regularly. The number employed in this occupation is expected to grow slightly over the next few years, which should provide some additional opportunities for employment. With a large percent of workers being 55 years of age and older, retirements are expected to be a key contributor to employment opportunities over the coming years. Property Administrators most commonly work full-time hours. Furthermore, the jobs are typically permanent positions. With employment conditions being somewhat seasonal, periods of downtime or layoff throughout the year affect some workers.

The median employment income for 64% of Property Administrators who worked full-time, year-round in 2015 was $40,410. Across all occupations in Nova Scotia, 59% of those who worked full-time year round had a median employment income of $43,600.
(Source: 2016 Census)

OccupationEstimated employment in 2018Estimated change in employment between 2017 and 2019Estimated openings due to growth and retirements, 2017-2019Estimated rate of unemployment in 2018 Estimated hourly earnings in 2015 (learn more)Estimated annual earnings in 2015
Property Administrators1,485Weak growth60Moderate
Minimum: $11.00
Median: $16.15
Maximum: $34.13
Minimum: $3,859
Median: $32,452
Maximum: $70,498
Occupations in Business, Finance, and Administration63,775Moderate growth6,600Low
Minimum: $13.00
Median: $21.03
Maximum: $35.90
Minimum: $6,754
Median: $36,515
Maximum: $70,271
Property AdministratorsCompared to: Occupations in Business, Finance, and Administration
Percent employed full-time78%81%
Percent self-employed0%7%
Where will I likely work?
Area of EmploymentProperty AdministratorsCompared to: All NS Occupations
% EmployedMedian Annual Income% EmployedMedian Annual Income
Southern10%$25,04512%$30,581
Northern10%$37,73116%$33,660
Cape Breton5%$46,49413%$32,974
Halifax66%$38,56047%$41,209
Annapolis Valley9%$37,07413%$32,958
What are the workers like?
AgeProperty AdministratorsCompared to: All Business, Finance, and Administration
% Employed% Employed
15-24xx
25-3416%6%
35-4412%19%
45-5420%36%
55-6439%28%
65+9%11%
Median Age5348
GenderProperty AdministratorsCompared to: Occupations in Business, Finance, and Administration
% Employed% Employed
Female49%73%
Male51%27%
EducationProperty AdministratorsCompared to: All Business, Finance, and Administration
% EmployedMedian Annual Income% EmployedMedian Annual Income
Less than high school13.0%x4.7%$23,775
High school27.1%$40,12423.7%$30,074
Trades certificate9.5%x5.8%$32,871
College certificate or diploma24.6%$42,13134.4%$33,837
University certificate or diploma2.5%x3.0%$35,053
Bachelor's degree18.3%$52,78722.9%$39,473
University advanced certificate or diploma1.4%x1.7%$40,672
Master's degreeN/A$58,3773.6%$23,407
Doctorate3.2%x0.2%$48,614
Medicine, dentistry, veterinary, optometry0.7%x0.1%$41,688
Total100%100%
Wage Disclaimer

Hourly earnings data are from the Labour Force Survey by Statistics Canada. Data are not available for all occupations. Hourly earnings are calculated based on usual hours worked per week. This is how an annual salary, for instance, gets converted to an hourly rate. The data include full and part-time workers along with new and experienced workers. Self-employed workers are excluded.

Annual employment income data reported in the Work Prospects section, are from the 2011 National Household Survey by Statistics Canada. Much of the data (around 70%) came directly from tax records. The data relates to the year 2010 and includes total wages and salaries and net income from self-employment.

Sources

Employment Requirements & Contacts

Regulations:
No regulating bodies were found under this occupation profile
Useful contacts:
Building Owners and Managers Association - Nova Scotia
P.O. Box 1597
Halifax, NS B3J 2Y3
Tel: (902) 425-3717
Fax: (902) 431-7220
info@bomanovascotia.com
Canadian Federation of Apartment Associations
1600 Carling Ave., Suite 640
Ottawa, ON V1T 2M6
Tel: (613) 235-0101
Fax: (613) 238-0101
admin@cfaa-fcapi.org

Training Paths & Education

Program Name:Adult high school/secondary diploma programs
Education Level:This program is typically offered at the high school level.
Program Description:
This instructional program class comprises any program that defines the prescribed requirements, specified by the appropriate jurisdiction, for the completion of and graduation from a secondary school program of academic subject matter offered for adult learners outside of the regular secondary school program. This does not include adult compensatory education programs resulting in completion of a high school equivalency certificate or diploma.
See all institutions providing this program+
Universite Sainte-Anne
Siège Social: 1695, Route 1
Pointe-de-l'Église, NS B0W 1M0
(902) 769-2114
Blanche.Theriault@usainteanne.ca
Nova Scotia Community College - Annapolis Valley Campus
50 Elliott Road
Lawrencetown, NS B0S 1M0
(902) 825-3491
avc.info@nscc.ca
Nova Scotia Community College - Cumberland Campus
PO Box 550, 1 Main Street
Springhill, NS B0M 1X0
(902) 597-3737
cumberland.info@nscc.ca
Nova Scotia Community College - Akerley Campus
21 Woodlawn Road
Dartmouth, NS B2W 2R7
(902) 491-4900
akerley.info@nscc.ca
Nova Scotia Community College - Burridge Campus
372 Pleasant Street
Yarmouth, NS B5A 2L2
(902) 742-3501
burridge.info@nscc.ca
Nova Scotia Community College - Kingstec Campus
236 Belcher Street
Kentville, NS B4N 0A6
(902) 678-7341
kingstec.info@nscc.ca
Nova Scotia Community College - Lunenburg Campus
75 High Street
Bridgewater, NS B4V 1V8
(902) 543-4608
lunenburg.info@nscc.ca
Nova Scotia Community College - Institute of Technology Campus
5685 Leeds Street
Halifax, NS B3K 2T3
(902) 491-6722
it.info@nscc.ca
Nova Scotia Community College - Pictou Campus & School of Fisheries
PO Box 820, 39 Acadia Avenue
Stellarton, NS B0K 1S0
(902) 752-2002
pictou.info@nscc.ca
Nova Scotia Community College - Shelburne Campus
PO Box 760, 1575 Lake Road
Shelburne, NS B0T 1W0
(902) 875-8640
shelburne.info@nscc.ca
Nova Scotia Community College - Strait Area Campus & Nautical Institute
226 Reeves Street
Port Hawkesbury, NS B9A 2A2
(902) 625-2380
strait.info@nscc.ca
Nova Scotia Community College - Marconi Campus
PO Box 1042, 1240 Grand Lake Road
Sydney, NS B1P 6J7
(902) 563-2450
marconi.info@nscc.ca
Nova Scotia Community College - Truro Campus
36 Arthur Street
Truro, NS B2N 1X5
(902) 893-5385
truro.info@nscc.ca
Program Name:Hospitality administration/management - General
Education Level:This program is typically offered at the college or university level.
Program Description:
This instructional program class comprises any program that prepares individuals to serve as general managers and directors of hospitality operations on a system-wide basis, including both travel arrangements and promotion and the provision of traveller facilities. These programs include courses in principles of operations in the travel and tourism, hotel and lodging facilities, food services, and recreation facilities industries; hospitality marketing strategies; hospitality planning; management and coordination of franchise and unit operations; business management; accounting and financial management; hospitality transportation and logistics; and hospitality industry policies and regulations.
See all institutions providing this program+
Mount Saint Vincent University
166 Bedford Highway
Halifax, NS B3M 2J6
(902) 457-6117
admissions@msvu.ca
Cape Breton University
PO Box 5300 1250 Grand Lake Road
Sydney, NS B1P 6L2
(888) 959-9995
registrar@cbu.ca
Additional resources:

There are no additional resources for this occupation.