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The differences between commercial property managers and regional property 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 regional property manager. Additionally, a regional property manager has an average salary of $79,788, 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 regional property manager are property management, portfolio, and customer service.
| Commercial Property Manager | Regional Property Manager | |
| Yearly salary | $61,361 | $79,788 |
| Hourly rate | $29.50 | $38.36 |
| Growth rate | 3% | 3% |
| Number of jobs | 42,369 | 35,266 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 63% |
| Average age | 48 | 48 |
| 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.
A regional property manager is in charge of overseeing the maintenance and operations of commercial and residential properties in a particular area, ensuring efficiency and smooth workflow. Their responsibilities include setting goals and objectives, coordinating with staff, managing budgets and schedules, producing progress reports and presentations for the executives, and resolving issues promptly and efficiently. Furthermore, a regional property manager spearheads the efforts put into advertising properties for potential clients, approving applications, and terminating leases, all while implementing the company's policies and regulations.
Commercial property managers and regional property managers have different pay scales, as shown below.
| Commercial Property Manager | Regional Property Manager | |
| Average salary | $61,361 | $79,788 |
| Salary range | Between $36,000 And $103,000 | Between $56,000 And $113,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | Connecticut |
| Best paying company | Western Alliance Bank | D.R. Horton |
| Best paying industry | Non Profits | Professional |
There are a few differences between a commercial property manager and a regional property manager in terms of educational background:
| Commercial Property Manager | Regional Property Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between commercial property managers' and regional property managers' demographics:
| Commercial Property Manager | Regional Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 39.8% Female, 60.2% | Male, 41.0% Female, 59.0% |
| 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, 9.5% Unknown, 4.2% Hispanic or Latino, 16.2% Asian, 5.5% White, 64.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |