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Community association manager vs regional property manager

The differences between community association 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 community association manager and a regional property manager. Additionally, a regional property manager has an average salary of $79,788, 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 regional property manager are property management, portfolio, and customer service.

Community association manager vs regional property manager overview

Community Association ManagerRegional Property Manager
Yearly salary$57,602$79,788
Hourly rate$27.69$38.36
Growth rate3%3%
Number of jobs20,73835,266
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Average age4848
Years of experience66

What does a community association manager do?

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.

What does a regional property manager do?

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.

Community association manager vs regional property manager salary

Community association managers and regional property managers have different pay scales, as shown below.

Community Association ManagerRegional Property Manager
Average salary$57,602$79,788
Salary rangeBetween $35,000 And $92,000Between $56,000 And $113,000
Highest paying CityHartford, CTNew York, NY
Highest paying stateConnecticutConnecticut
Best paying companyU.S. BankD.R. Horton
Best paying industryStart-upProfessional

Differences between community association manager and regional property manager education

There are a few differences between a community association manager and a regional property manager in terms of educational background:

Community Association ManagerRegional Property Manager
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Community association manager vs regional property manager demographics

Here are the differences between community association managers' and regional property managers' demographics:

Community Association ManagerRegional Property Manager
Average age4848
Gender ratioMale, 38.7% Female, 61.3%Male, 41.0% Female, 59.0%
Race ratioBlack 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, 9.5% Unknown, 4.2% Hispanic or Latino, 16.2% Asian, 5.5% White, 64.0% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between community association manager and regional property manager duties and responsibilities

Community association manager example responsibilities.

  • Manage numerous capital improvements, including elevator modernization and HVAC upgrades, delivering projects on time and in budget.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Process payroll tax payments and payroll-relate IRS forms.
  • Process checks for payment and process bi-weekly payroll.
  • Attend several training programs and create the accounting system in Quickbooks for association.
  • Maintain all accounts QuickBooks proficient, confident phone demeanor/presence and take charge of a collection position.
  • Show more

Regional property manager example responsibilities.

  • Manage a portfolio of 11 walk-up and high-rise condominiums and cooperatives (275 units).
  • Manage all site communication channels including multiple internal sites such as SharePoint and other corporate community base resources for Arizona.
  • Maximize the operating efficiency and financial performance of the portfolio by developing strategic plans for enhance performance.
  • Monitor LIHTC files for accuracy and compliance.
  • Draft corrective and conveyance deeds if necessary to correct foreclosure deed.
  • Work with all type of insurance companies including Medicare & Medicaid.
  • Show more

Community association manager vs regional property manager skills

Common community association manager skills
  • Customer Service, 16%
  • Property Management, 12%
  • Cam, 7%
  • HOA, 6%
  • Meeting Minutes, 5%
  • Provide Management, 5%
Common regional property manager skills
  • Property Management, 14%
  • Portfolio, 13%
  • Customer Service, 8%
  • Real Estate, 7%
  • Yardi, 6%
  • Financial Performance, 5%

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