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Condominium association manager vs property management specialist

The differences between condominium association managers and property management specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a condominium association manager and a property management specialist. Additionally, a condominium association manager has an average salary of $88,269, which is higher than the $45,835 average annual salary of a property management specialist.

The top three skills for a condominium association manager include association rules, property inspections and budget preparation. The most important skills for a property management specialist are property management, customer service, and real estate.

Condominium association manager vs property management specialist overview

Condominium Association ManagerProperty Management Specialist
Yearly salary$88,269$45,835
Hourly rate$42.44$22.04
Growth rate3%3%
Number of jobs5,53974,282
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 57%
Average age4848
Years of experience66

Condominium association manager vs property management specialist salary

Condominium association managers and property management specialists have different pay scales, as shown below.

Condominium Association ManagerProperty Management Specialist
Average salary$88,269$45,835
Salary rangeBetween $61,000 And $126,000Between $27,000 And $77,000
Highest paying City-San Rafael, CA
Highest paying state-Connecticut
Best paying company-Meta
Best paying industry-Insurance

Differences between condominium association manager and property management specialist education

There are a few differences between a condominium association manager and a property management specialist in terms of educational background:

Condominium Association ManagerProperty Management Specialist
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Condominium association manager vs property management specialist demographics

Here are the differences between condominium association managers' and property management specialists' demographics:

Condominium Association ManagerProperty Management Specialist
Average age4848
Gender ratioMale, 35.0% Female, 65.0%Male, 50.7% Female, 49.3%
Race ratioBlack or African American, 6.3% Unknown, 4.0% Hispanic or Latino, 12.3% Asian, 4.6% White, 72.3% American Indian and Alaska Native, 0.6%Black or African American, 8.8% Unknown, 4.1% Hispanic or Latino, 16.9% Asian, 5.3% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between condominium association manager and property management specialist duties and responsibilities

Condominium association manager example responsibilities.

  • Manage consistent method of collection activities for every client portfolio, ensuring timely payment collections.
  • Manage consistent method of collection activities for every client portfolio, ensuring timely payment collections.
  • Reinforce Homeowner/Condominium documents and rules and regulations as per association.

Property management specialist example responsibilities.

  • Manage: GPC, MILSTRIP, food, medical, tools, repair parts, fuel, ammunition supplies.
  • Develop relationships with landlords, gaining substantial rental leads contributing to positive occupancy percentages.
  • Review loans convey to FHA (HUD) to confirm utilities are on/off, abide by state laws.
  • Coordinate with FEMA home base in Washington.
  • Serve as liaison between LPS and Everhome.
  • Develop and implement new procedures for FNMA service errors.
  • Show more

Condominium association manager vs property management specialist skills

Common condominium association manager skills
  • Association Rules, 51%
  • Property Inspections, 40%
  • Budget Preparation, 7%
  • HOA, 2%
Common property management specialist skills
  • Property Management, 21%
  • Customer Service, 17%
  • Real Estate, 7%
  • Government Property, 5%
  • Management System, 5%
  • Real Property, 4%

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