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Condominium manager vs property management specialist

The differences between condominium 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 manager and a property management specialist. Additionally, a condominium manager has an average salary of $76,907, which is higher than the $45,835 average annual salary of a property management specialist.

The top three skills for a condominium manager include condo, customer service and financial statements. The most important skills for a property management specialist are property management, customer service, and real estate.

Condominium manager vs property management specialist overview

Condominium ManagerProperty Management Specialist
Yearly salary$76,907$45,835
Hourly rate$36.97$22.04
Growth rate3%3%
Number of jobs4,17974,282
Job satisfaction--
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 57%
Average age4848
Years of experience66

Condominium manager vs property management specialist salary

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

Condominium ManagerProperty Management Specialist
Average salary$76,907$45,835
Salary rangeBetween $52,000 And $111,000Between $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 manager and property management specialist education

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

Condominium ManagerProperty Management Specialist
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Condominium manager vs property management specialist demographics

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

Condominium ManagerProperty Management Specialist
Average age4848
Gender ratioMale, 52.6% Female, 47.4%Male, 50.7% Female, 49.3%
Race ratioBlack or African American, 8.9% Unknown, 4.2% Hispanic or Latino, 16.8% Asian, 4.9% White, 64.6% 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 manager and property management specialist duties and responsibilities

Condominium manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Present management proposals to potential HOA accounts.
  • Interview and process potential rental applicants as well as annual and interim re-certifications for current tenants per HUD regulations.
  • 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 manager vs property management specialist skills

Common condominium manager skills
  • Condo, 23%
  • Customer Service, 21%
  • Financial Statements, 19%
  • HOA, 8%
  • Condominiums, 8%
  • Real Estate, 7%
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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