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The differences between assistant property managers and real estate managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an assistant property manager and a real estate manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $44,338 average annual salary of an assistant property manager.
The top three skills for an assistant property manager include customer service, property management and yardi. The most important skills for a real estate manager are financial analysis, property management, and project management.
| Assistant Property Manager | Real Estate Manager | |
| Yearly salary | $44,338 | $86,874 |
| Hourly rate | $21.32 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 13,736 | 24,751 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 69% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
An assistant property manager's role is to manage rental properties. One of their primary responsibility is to devise strategies on attracting potential tenants by posting advertisements in various platforms, conducting viewing appointments and tours, responding to inquiries and issues, receiving and gathering applicants' requirements, and evaluating every application. An assistant property anager also has the responsibility of collecting payments, managing the building's maintenance and upkeep, including its units, and coordinating with tenants for any concerns or issues.
A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
Assistant property managers and real estate managers have different pay scales, as shown below.
| Assistant Property Manager | Real Estate Manager | |
| Average salary | $44,338 | $86,874 |
| Salary range | Between $29,000 And $66,000 | Between $58,000 And $129,000 |
| Highest paying City | Seattle, WA | Hartford, CT |
| Highest paying state | Washington | Connecticut |
| Best paying company | Ilitch Holdings | McKinsey & Company Inc |
| Best paying industry | Finance | Finance |
There are a few differences between an assistant property manager and a real estate manager in terms of educational background:
| Assistant Property Manager | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between assistant property managers' and real estate managers' demographics:
| Assistant Property Manager | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 25.9% Female, 74.1% | Male, 59.2% Female, 40.8% |
| Race ratio | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6% | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |