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Building manager vs real estate manager

The differences between building 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 a building manager and a real estate manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $66,595 average annual salary of a building manager.

The top three skills for a building manager include building maintenance, emergency situations and HVAC. The most important skills for a real estate manager are financial analysis, property management, and project management.

Building manager vs real estate manager overview

Building ManagerReal Estate Manager
Yearly salary$66,595$86,874
Hourly rate$32.02$41.77
Growth rate3%3%
Number of jobs15,98224,751
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 69%
Average age4848
Years of experience66

What does a building manager do?

Building managers are executives who oversee the maintenance and safety of properties and make sure that these properties comply with the organization's goals. The managers coordinate and manage the safety, security, and maintenance of the general building. They are tasked to supervise janitorial staff in cleaning the building. It is their responsibility to keep organized and clear records related to security issues and occupant complaints. They should be equipped with organizational skills, attention to detail, and communication skills.

What does a real estate manager do?

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.

Building manager vs real estate manager salary

Building managers and real estate managers have different pay scales, as shown below.

Building ManagerReal Estate Manager
Average salary$66,595$86,874
Salary rangeBetween $37,000 And $117,000Between $58,000 And $129,000
Highest paying CityCambridge, MAHartford, CT
Highest paying stateConnecticutConnecticut
Best paying companyAppleMcKinsey & Company Inc
Best paying industryReal EstateFinance

Differences between building manager and real estate manager education

There are a few differences between a building manager and a real estate manager in terms of educational background:

Building ManagerReal Estate Manager
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Building manager vs real estate manager demographics

Here are the differences between building managers' and real estate managers' demographics:

Building ManagerReal Estate Manager
Average age4848
Gender ratioMale, 65.9% Female, 34.1%Male, 59.2% Female, 40.8%
Race ratioBlack or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% 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 Percentage12%12%

Differences between building manager and real estate manager duties and responsibilities

Building manager example responsibilities.

  • Demonstrate leadership, accountability, and teamwork when managing the budget by empowering staff members to participate in controlling expenditures.
  • Supervise electrical, plumbing, mechanical and general carpentry works.
  • Perform renovation repairs including painting, plastering, electrical and plumbing repairs.
  • Maintain cleanliness of common spaces; including garbage/recycling removal and snow removal.
  • Provide first aid and CPR as required.
  • Offer basic first aid and CPR when need.
    • Show more

Real estate manager example responsibilities.

  • Manage the submittal of all require documents for construction NTP.
  • Lead SEO efforts for primary corporate site, improving organic and paid traffic.
  • Coordinate and manage the NEPA, SHPO, FAA and FCC approval process.
  • Manage $20M budget and all fiscal functions including payroll, A/R, and A/P.
  • Manage and own the entire process from issue of RFDS to obtaining NTP from tower owner.
  • Manage leasing process of market price, tax credit, public housing programs as well as HUD apartments.
    • Show more

Building manager vs real estate manager skills

Common building manager skills
  • Building Maintenance, 8%
  • Emergency Situations, 8%
  • HVAC, 7%
  • Quality Customer Service, 7%
  • Facilities Management, 5%
  • Emergency Procedures, 4%
Common real estate manager skills
  • Financial Analysis, 10%
  • Property Management, 10%
  • Project Management, 8%
  • Oversight, 6%
  • Due Diligence, 6%
  • Customer Service, 6%

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Updated January 8, 2025

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