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The differences between community association managers and acquisitions 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 community association manager and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $57,602 average annual salary of a community association manager.
The top three skills for a community association manager include customer service, property management and cam. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.
| Community Association Manager | Acquisitions Manager | |
| Yearly salary | $57,602 | $97,768 |
| Hourly rate | $27.69 | $47.00 |
| Growth rate | 3% | 3% |
| Number of jobs | 20,738 | 9,054 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 71% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Community association managers are responsible for managing the common property and services of condominiums, organized communities, and cooperatives. Their tasks include preparing financial statements and budgets, collecting monthly assessments, negotiating with contractors, and assist in solving complaints. Also, they communicate daily with homeowners and other residents and supervise the maintenance of properties and facilities. Additionally, they help the board and homeowners in observing with the association and the government laws and regulations, administer the association's budget and financial records, and solve legal issues or disputes.
Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.
Community association managers and acquisitions managers have different pay scales, as shown below.
| Community Association Manager | Acquisitions Manager | |
| Average salary | $57,602 | $97,768 |
| Salary range | Between $35,000 And $92,000 | Between $65,000 And $145,000 |
| Highest paying City | Hartford, CT | Hartford, CT |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | U.S. Bank | McKinsey & Company Inc |
| Best paying industry | Start-up | Professional |
There are a few differences between a community association manager and an acquisitions manager in terms of educational background:
| Community Association Manager | Acquisitions Manager | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between community association managers' and acquisitions managers' demographics:
| Community Association Manager | Acquisitions Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.7% Female, 61.3% | Male, 64.6% Female, 35.4% |
| Race ratio | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.5% American Indian and Alaska Native, 0.6% | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |