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The differences between condominium association property managers and real estate 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 condominium association property manager and a real estate manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $47,415 average annual salary of a condominium association property manager.
The top three skills for a condominium association property manager include association rules, and . The most important skills for a real estate manager are financial analysis, property management, and project management.
| Condominium Association Property Manager | Real Estate Manager | |
| Yearly salary | $47,415 | $86,874 |
| Hourly rate | $22.80 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 9,316 | 24,751 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Condominium association property managers and real estate managers have different pay scales, as shown below.
| Condominium Association Property Manager | Real Estate Manager | |
| Average salary | $47,415 | $86,874 |
| Salary range | Between $29,000 And $76,000 | Between $58,000 And $129,000 |
| Highest paying City | - | Hartford, CT |
| Highest paying state | - | Connecticut |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | Finance |
There are a few differences between a condominium association property manager and a real estate manager in terms of educational background:
| Condominium Association Property Manager | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between condominium association property managers' and real estate managers' demographics:
| Condominium Association Property Manager | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 59.2% Female, 40.8% |
| Race ratio | Black 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |