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The differences between commercial property managers and 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 commercial property manager and a manager. Additionally, a commercial property manager has an average salary of $61,361, which is higher than the $58,651 average annual salary of a manager.
The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a manager are customer service, payroll, and food safety.
| Commercial Property Manager | Manager | |
| Yearly salary | $61,361 | $58,651 |
| Hourly rate | $29.50 | $28.20 |
| Growth rate | 3% | 6% |
| Number of jobs | 42,369 | 1,236,194 |
| Job satisfaction | - | 4.57 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 49% |
| Average age | 48 | 44 |
| Years of experience | 6 | 6 |
A commercial property manager is primarily in charge of overseeing the daily operations at commercial properties. They manage all leasing activities and serve as the tenants' point of contact. Their responsibilities include preparing and processing documents, answering inquiries and correspondence, supervising the property staff, and developing strategies to optimize operations. There are also instances where they must collect and process payments. Furthermore, as a manager, it is their duty to handle issues and concerns, resolving them promptly and efficiently.
Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.
Commercial property managers and managers have different pay scales, as shown below.
| Commercial Property Manager | Manager | |
| Average salary | $61,361 | $58,651 |
| Salary range | Between $36,000 And $103,000 | Between $37,000 And $92,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | California | New Jersey |
| Best paying company | Western Alliance Bank | - |
| Best paying industry | Non Profits | Finance |
There are a few differences between a commercial property manager and a manager in terms of educational background:
| Commercial Property Manager | Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between commercial property managers' and managers' demographics:
| Commercial Property Manager | Manager | |
| Average age | 48 | 44 |
| Gender ratio | Male, 39.8% Female, 60.2% | Male, 51.0% Female, 49.0% |
| Race ratio | 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% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |