Overview
Outlook
Data
Training
Description
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 Titles
- Accommodation officer
- Apartment rental agent
- Housing project manager
- Property administrator
- Property leasing coordinator
- Property rentals manager
Main 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, 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.
Workplaces
- Governments
- Property development companies
- Property services management companies
- Real estate services management companies
- Strata services management companies
Skills
- Management of Financial Resources
- Management of Material Resources
- Negotiating
- Coordinating
- Critical Thinking
Abilities
- Fluency of Ideas
- Inductive Reasoning
- Mathematical Reasoning
- Near Vision
- Numerical Ability
Personal Attributes
- Adaptability
- Analytical Thinking
- Attention to Detail
- Collaboration
- Independence
Similar Occupations
Source: OaSIS
Employment Outlook
The employment outlook will be good for Property administrators (NOC 13101) in Prince Edward Island for the 2022-2024 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
Here are some key facts about Property administrators in Prince Edward Island:
- Approximately 150 people worked in this occupation in May 2021.
- Property administrators mainly work in the following sectors:
- Real Estate and rental and leasing (NAICS 53): 83%
- Construction (NAICS 23): 6%
- Federal government public administration (NAICS 911): 5%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 63% compared to 84% for all occupations
- Part-time workers: 37% compared to 16% for all occupations
- 59% of property administrators work all year, while 41% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 40 weeks compared to 41 weeks for all occupations.
- 43% of property administrators are self-employed compared to an average of 13% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 61% compared to 51% for all occupations
- Women: 39% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: 10% compared to 11% for all occupations
- high school diploma or equivalent: 19% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 19% compared to 11% for all occupations
- college certificate or diploma or university certificate below bachelor’s: 6% compared to 25% for all occupations
- bachelor’s degree: 28% compared to 17% for all occupations
- university certificate, degree or diploma above bachelor level: 10% compared to 8% for all occupations
Source: Job Bank
Prevailing Wages
| AREA | LOW | MEDIAN | HIGH |
|---|---|---|---|
| PEI | $15.00 | $26.67 | $43.59 |
| Canada | $17.00 | $28.21 | $50.55 |
Training
There are no known training programs for this occupation in PEI. If you are aware of a local training program, please contact us.
More Info
View the full occupational profile with details on work characteristics, interests, employment requirements and more on the Occupational and Skills Information System (OaSIS) website.