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The differences between community association managers and directors of property management 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 a director of property management. Additionally, a director of property management has an average salary of $97,349, 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 a director of property management are real estate, portfolio, and property management.
| Community Association Manager | Director Of Property Management | |
| Yearly salary | $57,602 | $97,349 |
| Hourly rate | $27.69 | $46.80 |
| Growth rate | 3% | 3% |
| Number of jobs | 20,738 | 78,020 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 52% |
| 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.
A director of property management oversees and directs the property management programs and projects of an organization. They take the lead in identifying and meeting the needs of different facilities, researching client and business opportunities, gathering and analyzing data from annual and monthly reports, coordinating with suppliers and contractors, and making significant decisions. They also participate in managing tenants, overseeing marketing procedures, and solving issues when any arise. Moreover, a director of property management sets goals, establishes timelines and guidelines, empowers employees, and implements company standards and policies.
Community association managers and directors of property management have different pay scales, as shown below.
| Community Association Manager | Director Of Property Management | |
| Average salary | $57,602 | $97,349 |
| Salary range | Between $35,000 And $92,000 | Between $62,000 And $151,000 |
| Highest paying City | Hartford, CT | San Francisco, CA |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | U.S. Bank | Brookfield Properties |
| Best paying industry | Start-up | - |
There are a few differences between a community association manager and a director of property management in terms of educational background:
| Community Association Manager | Director Of Property Management | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 52% |
| 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 directors of property management' demographics:
| Community Association Manager | Director Of Property Management | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.7% Female, 61.3% | Male, 57.9% Female, 42.1% |
| 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |