Job sheet

Condominium manager: profession, missions and salary

Roles and missions of the condominium manager

The roles and missions of a condominium manager are varied and multiple. These missions fall into three main categories: the maintenance of common property, compliance with the rules of co-ownership and the development of co-ownership activities. First, the condominium manager's main mission is to manage and maintain the common property. He ensures that equipment is in good condition, verifies that rental or service contracts are of good quality, supervises routine maintenance and manages repairs and heavy work. Second, the condominium manager is responsible for compliance with the rules and statutes of the condominium. It is responsible for organizing general meetings and ensuring the proper application of the internal rules and decisions of the meetings. Finally, the co-ownership manager is responsible for setting up various activities for the well-being of the co-owners. It can thus organize cultural events, develop personal services, create partnerships with companies and associations, offer entertainment and sports activities, etc. In summary, the main tasks of a condominium manager are as follows:

Maintain the commons;

Respect the rules and statutes of co-ownership;

Organize general meetings;

Develop a variety of activities and personal services.

The condominium manager is a key person in the management of a real estate complex. He must be qualified and have solid legal, technical and commercial skills in order to carry out the missions entrusted to him.

Condominium Manager salary and career development

The salary of a condominium manager is a good indicator of the quality and importance of the tasks he performs. In France, a condominium manager can earn between 35 and 50 K€ gross per year on average, depending on experience and the size of the condominium managed. The more the experience increases, the more the salary increases. Here is a list of the annual gross salaries of a condominium manager according to years of experience:

0 to 2 years: 35 to 40 K€ gross annual

2 to 5 years: 40 to 45 K€ gross annual

5 to 10 years: 45 to 50 K€ gross per year

10 to 15 years: 50 to 55 K€ gross annual

More than 15 years: 55 K€ and more gross annual

For those who wish to evolve in their career, here are 5 possible professions in perspective of evolution of a condominium manager:

Real estate manager

Residence manager

Real estate service manager

Real estate director

Assistant to the property manager.

Advantages and disadvantages of Condominium Manager

Advantages

Work with a variety of people and owners.

A great responsibility and challenges.

An opportunity for rapid growth.

Flexible working and flexible hours.

Great personal satisfaction.

Disadvantages

Frequent overtime and weekends.

Strong pressure and emotional tension.

High knowledge and skill requirements.

A great responsibility and legal responsibilities.

Low pay and uncertain pay.

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