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Assistant property manager hiring summary. Here are some key points about hiring assistant property managers in the United States:
Here's a step-by-step assistant property manager hiring guide:
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.
Before you post your assistant property manager job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an assistant property manager for hire on a part-time basis or as a contractor.
Hiring the perfect assistant property manager also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list shows salaries for various types of assistant property managers.
| Type of Assistant Property Manager | Description | Hourly rate |
|---|---|---|
| Assistant Property Manager | Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, and preserves its resale or leasing value. | $13-31 |
| Leasing Agent | A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms... Show more | $12-19 |
| Leasing Consultant | A Leasing Consultant specializes in helping property owners secure tenants for their rental properties. Most of the responsibilities include coordinating with landlords to find suitable occupants, posting rental notices and advertisements on various platforms, and monitor the quality of every rental property... Show more | $12-18 |
Including a salary range in the assistant property manager job description is a good way to get more applicants. An assistant property manager salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for an assistant property manager in South Carolina may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level assistant property manager. Additionally, an assistant property manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $53,566 | $26 |
| 2 | California | $52,268 | $25 |
| 3 | New York | $49,499 | $24 |
| 4 | Oregon | $47,502 | $23 |
| 5 | Maryland | $44,835 | $22 |
| 6 | Pennsylvania | $43,909 | $21 |
| 7 | Massachusetts | $43,545 | $21 |
| 8 | Virginia | $43,373 | $21 |
| 9 | Illinois | $43,331 | $21 |
| 10 | Nevada | $43,152 | $21 |
| 11 | Colorado | $42,078 | $20 |
| 12 | Minnesota | $41,939 | $20 |
| 13 | Wisconsin | $40,620 | $20 |
| 14 | District of Columbia | $40,383 | $19 |
| 15 | Arizona | $40,151 | $19 |
| 16 | Utah | $39,816 | $19 |
| 17 | Indiana | $39,801 | $19 |
| 18 | Ohio | $39,639 | $19 |
| 19 | Texas | $39,575 | $19 |
| 20 | Nebraska | $39,524 | $19 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Ilitch Holdings | $67,528 | $32.47 | 1 |
| 2 | Kimpton Hotels & Restaurants | $63,504 | $30.53 | |
| 3 | Fifth Third Bank | $62,508 | $30.05 | |
| 4 | Brookfield Properties | $61,903 | $29.76 | 16 |
| 5 | Hyatt Hotels | $61,080 | $29.37 | 2 |
| 6 | Brandywine Realty Trust | $60,310 | $29.00 | |
| 7 | Douglas Emmett, Inc. | $56,931 | $27.37 | 4 |
| 8 | Hudson Pacific Properties | $56,676 | $27.25 | 8 |
| 9 | GPAC | $55,679 | $26.77 | |
| 10 | BioMed Realty | $55,610 | $26.74 | |
| 11 | RXR Realty | $55,329 | $26.60 | |
| 12 | BGC Partners | $54,032 | $25.98 | 1 |
| 13 | Tesoro | $53,627 | $25.78 | 9 |
| 14 | BXP | $52,341 | $25.16 | 20 |
| 15 | Proteus International | $50,190 | $24.13 | 1 |
| 16 | Ryan | $50,099 | $24.09 | 1 |
| 17 | McCormack Baron Salazar | $50,073 | $24.07 | 10 |
| 18 | JWilliams Staffing | $49,148 | $23.63 | |
| 19 | Kraus-Anderson | $49,076 | $23.59 | 1 |
| 20 | National Storage Affiliates | $49,068 | $23.59 | 97 |
An assistant property manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of an assistant property manager job description:
There are various strategies that you can use to find the right assistant property manager for your business:
During your first interview to recruit assistant property managers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the assistant property manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
There are different types of costs for hiring assistant property managers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new assistant property manager employee.
Assistant property managers earn a median yearly salary is $44,338 a year in the US. However, if you're looking to find assistant property managers for hire on a contract or per-project basis, hourly rates typically range between $13 and $31.