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This question is about property manager.
What are careers in property management?
Asset manager, regional property manager, and on-site property manager are all careers in property management. Although these all are in property management, there are different factors and skills needed in each of them that will attract different personalities and people.
On-Site Property Manager
Many property managers will begin on-site as this gives the opportunity to learn many different skills as you are right around the properties constantly. They help to keep the property functioning correctly. This is crucial career development for property management. The salary range for on-site property managers is 32k-64k in the US.
Asset Manager
Asset managers focus on the financial performance of a property. Typically, they will oversee a portfolio of properties. They focus on the appreciation and current cash flow of properties and do not typically focus on day-to-day operations.
Typically, asset managers will be required to have a strong background in finance or a related field as they will be dealing with financial performance. The salary range for an asset manager is $50k-$120k in the US.
Regional Property Manager
Regional property managers often work on a portfolio of properties, rather than focus on one single property. Often, you will need to have experience on-site before becoming a regional manager. It is imperative that one has experience before working in this role. The median salary is $113,860, which reflects this needed experience.
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