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Commercial property manager vs property management assistant

The differences between commercial property managers and property management assistants 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 property management assistant. Additionally, a commercial property manager has an average salary of $61,361, which is higher than the $34,826 average annual salary of a property management assistant.

The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a property management assistant are customer service, property management, and real estate.

Commercial property manager vs property management assistant overview

Commercial Property ManagerProperty Management Assistant
Yearly salary$61,361$34,826
Hourly rate$29.50$16.74
Growth rate3%3%
Number of jobs42,36969,316
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 57%
Average age4848
Years of experience66

What does a commercial property manager do?

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.

What does a property management assistant do?

Property management assistants are professionals who are responsible for providing support functions to the management team that handles residential or commercial properties. These assistants are required to interview prospective residents while helping new residents with moving in while scheduling their service requests. They must prepare all the correspondence for property owners such as utility change-overs and lease contracts. Property management assistants must also collaborate with their property managers to ensure prudent rent collections from their tenants.

Commercial property manager vs property management assistant salary

Commercial property managers and property management assistants have different pay scales, as shown below.

Commercial Property ManagerProperty Management Assistant
Average salary$61,361$34,826
Salary rangeBetween $36,000 And $103,000Between $24,000 And $48,000
Highest paying CitySan Francisco, CAScottsdale, AZ
Highest paying stateCaliforniaArizona
Best paying companyWestern Alliance BankBGC Partners
Best paying industryNon ProfitsMedia

Differences between commercial property manager and property management assistant education

There are a few differences between a commercial property manager and a property management assistant in terms of educational background:

Commercial Property ManagerProperty Management Assistant
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Commercial property manager vs property management assistant demographics

Here are the differences between commercial property managers' and property management assistants' demographics:

Commercial Property ManagerProperty Management Assistant
Average age4848
Gender ratioMale, 39.8% Female, 60.2%Male, 27.3% Female, 72.7%
Race ratioBlack 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, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between commercial property manager and property management assistant duties and responsibilities

Commercial property manager example responsibilities.

  • Manage vendors including developing key performance indicators plus RFP and provider selection.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Train entire company on new software OneSite from old version of YARDI.
  • Employ contractors to repair and maintain the building, plumbing, electrical, HVAC and operating equipment.
  • Lease vacant commercial space, prepare lease and abstract, bill monthly rents, input data into Yardi.
  • Perform a variety of maintenance and construction duties involving 21 HVAC systems, plumbing, electrical and structural building and maintenance.
  • Show more

Property management assistant example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Code and input all tenant invoices into MRI system.
  • Process all invoices in MRI system for vendors in accounting files.
  • Oversee building systems, including fire/life safety programs, HVAC and electrical issues.
  • Track HVAC and other tenant calls and insurance compliance along with maintaining files.
  • Prepare for all annual HUD inspections, interior and exterior, and all audit's.
  • Show more

Commercial property manager vs property management assistant skills

Common commercial property manager skills
  • Property Management, 12%
  • Real Estate, 11%
  • Portfolio, 9%
  • Commercial Property, 7%
  • Yardi, 5%
  • Cam, 5%
Common property management assistant skills
  • Customer Service, 17%
  • Property Management, 16%
  • Real Estate, 11%
  • Yardi, 7%
  • Vendor Contracts, 5%
  • Rent Payments, 3%

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