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Future looks bright for nation's property managers.


Employment of property, real estate and community association managers is projected to grow about as fast as the average for all occupations through the year 2012, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Bureau of Labor Statistics Bureau of Labor Statistics (BLS)

A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables.
.

Additional job openings are expected to occur as managers transfer to other occupations or leave the labor force.

Opportunities should be best for those with a college degree in business administration, real estate, or a related field, and for those who attain a professional designation DESIGNATION, wills. The expression used by a testator, instead of the name of the person or the thing he is desirous to name; for example, a legacy to. the eldest son of such a person, would be a designation of the legatee. Vide 1 Rop. Leg. ch. 2.
     2.
.

Job growth among onsite property managers in commercial real estate is expected to accompany To go along with; to go with or to attend as a companion or associate.

A motor vehicle statute may require beginning drivers or drivers under a certain age to be accompanied by a licensed adult driver whenever operating an automobile.
 the projected expansion of the real estate and rental and leasing industry. An increase in the nation's stock of apartments, houses, and offices also should require more property managers.

Developments of new homes increasingly are being organized with community or homeowner associations that provide community services and oversee jointly owned common areas, requiring professional management.

To help properties become more profitable or to enhance the resale resale n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales.


RESALE.
 values of homes, more commercial and residential property owners are expected to place their investments in the hands of professional managers.

The changing demographic composition of the population also should create more jobs for property, real estate, and community association managers.

The number of older people will grow during the 2000-12 projection projection, in psychology: see defense mechanism.


See rear-projection TV, front-projection TV and LCD panel.

(theory) projection - In domain theory, a function, f, which is (a) idempotent, i.e.
 period, increasing the need for various types of suitable housing, such as assisted-living facilities and retirement communities.

Accordingly, there will be demand for property and real estate managers to operate these facilities, and especially for those who have a background in the operation and administrative aspects of running a health unit.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 9, 2005
Words:261
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