Property Administrators
(NOC 1224)
in All Business, Finance, and AdministrationProperty administrators carry out 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 work for property, real estate and strata services management companies, property development companies and by government.
Job Outlook
Good
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Compared to: All Business, Finance, and Administration
The employment outlook over the next few years for this occupational group is “good”, which indicates the chances of a qualified individual finding work is better than average when compared to other occupations in Nova Scotia. This is a moderate sized occupation in Nova Scotia so some job opportunities may occur through turnover. The number employed in this occupation is expected to grow significantly over the next few years, which will provide 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 may either be working full-time or part-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 57% 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)
Hourly Pay
$12.95
Minimum$23.08
Median$40.66
MaximumAnnual Pay
$3,859
Minimum$32,452
Median$70,498
MaximumCompared to: All Business, Finance, and Administration
Hourly Pay
$14.00
Minimum$27.85
Median$38.46
MaximumAnnual Pay
$6,754
Minimum$36,515
Median$70,271
MaximumAbout the job
Nature of work
Property administrators carry out 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 work for property, real estate and strata services management companies, property development companies and by government.
Job duties
Property administrators:
- 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 property services like cleaning and maintenance, security services and alarm systems.
- Coordinate repairs, maintenance and renovations carried out on buildings and monitor progress and cost of work for property owners.
- Compile and maintain records of operating expenses and income and prepare reports and review rents to ensure they are at market value.
- Make sure 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
- 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
- High 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
By the numbers
Quick look
employed in 2016
employed full-time
self employed
median age
Compared to: All Business, Finance, and Administration
employed in 2016
employed full-time
self employed
median age
Where will I likely work?
Halifax
$33,732 median annual incomeSouthern
$13,838 median annual incomeNorth Shore
$27,979 median annual incomeAnnapolis Valley
$37,622 median annual incomeCape Breton
$27,171 median annual incomeCompared to: All NS Occupations
Halifax
North Shore
Annapolis Valley
Cape Breton
Southern
Top Industries of Employment
Real estate and rental and leasing
Public administration
Construction
Administrative and support, waste management and remediation services
Finance and insurance
What is the age of Employment?
45-54
55-64
65+
35-44
25-34
15-24
Compared to: All Business, Finance, and Administration
45-54
55-64
35-44
25-34
65+
Top levels of education
High school
$30,752 median annual incomeCollege Diploma
$36,324 median annual incomeBachelor
$38,198 median annual incomeLess than high school
$25,412 median annual incomeTrade Certification
$32,099 median annual incomeCompared to: All Business, Finance, and Administration
College Diploma
$36,304 median annual incomeHigh school
$32,903 median annual incomeBachelor
$41,755 median annual incomeTrade Certification
$34,807 median annual incomeLess than high school
$23,174 median annual incomeEducation & training
High School Diploma or Equivalent
High School ProgramAdults without a high school diploma can contact the Nova Scotia School for Adult Learning (NSSAL) for tuition-free programming across the province. NSSAL oversees adult education programs in Nova Scotia. NSSAL partners with the Nova Scotia Community College, Adult High Schools, Université Sainte-Anne, and community-based learning organizations to deliver programs. NSSAL offers clear, accessible pathways from adult basic education to a high school credential or GED.
Institutions providing this program
Various, NS
Various, NS
Various, NS
Hospitality Administration/Management
College or University ProgramThese programs prepare students 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 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.
Institutions providing this program
Sydney, NS
Various, NS
Employment requirements & contacts
No regulating bodies were found under this occupation profile
Contacts
Additional resources
There are no additional resources for this occupation.