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The differences between commercial property managers and product leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a commercial property manager, becoming a product lead takes usually requires 8-10 years. Additionally, a product lead has an average salary of $118,828, which is higher than the $61,361 average annual salary of a commercial property manager.
The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a product lead are product management, project management, and architecture.
| Commercial Property Manager | Product Lead | |
| Yearly salary | $61,361 | $118,828 |
| Hourly rate | $29.50 | $57.13 |
| Growth rate | 3% | 10% |
| Number of jobs | 42,369 | 95,557 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Average age | 48 | 39 |
| Years of experience | 6 | 10 |
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.
A product lead is responsible for monitoring the development of new products and services of an organization, starting from brand conceptualization to official market release and distribution. Product leads identify effective product management by conducting data analysis and evaluating market statistics of customer demands. They coordinate with the clients on their specifications and requirements, including the budget limit and timely deliverables. A product lead manages the brand promotion on media platforms, creating content that adheres to the target audience.
Commercial property managers and product leads have different pay scales, as shown below.
| Commercial Property Manager | Product Lead | |
| Average salary | $61,361 | $118,828 |
| Salary range | Between $36,000 And $103,000 | Between $86,000 And $163,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Western Alliance Bank | Airbnb |
| Best paying industry | Non Profits | Hospitality |
There are a few differences between a commercial property manager and a product lead in terms of educational background:
| Commercial Property Manager | Product Lead | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between commercial property managers' and product leads' demographics:
| Commercial Property Manager | Product Lead | |
| Average age | 48 | 39 |
| Gender ratio | Male, 39.8% Female, 60.2% | Male, 71.1% Female, 28.9% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 10% |