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Condominium manager vs real estate agent

The differences between condominium managers and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, which is higher than the $76,907 average annual salary of a condominium manager.

The top three skills for a condominium manager include condo, customer service and financial statements. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.

Condominium manager vs real estate agent overview

Condominium ManagerReal Estate Agent
Yearly salary$76,907$91,788
Hourly rate$36.97$44.13
Growth rate3%5%
Number of jobs4,17941,399
Job satisfaction-4
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 59%
Average age4849
Years of experience6-

Condominium manager vs real estate agent salary

Condominium managers and real estate agents have different pay scales, as shown below.

Condominium ManagerReal Estate Agent
Average salary$76,907$91,788
Salary rangeBetween $52,000 And $111,000Between $66,000 And $126,000
Highest paying City-Long Beach, NY
Highest paying state-West Virginia
Best paying company-Santa Clara Valley Water District
Best paying industry-Finance

Differences between condominium manager and real estate agent education

There are a few differences between a condominium manager and a real estate agent in terms of educational background:

Condominium ManagerReal Estate Agent
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern California-

Condominium manager vs real estate agent demographics

Here are the differences between condominium managers' and real estate agents' demographics:

Condominium ManagerReal Estate Agent
Average age4849
Gender ratioMale, 52.6% Female, 47.4%Male, 43.4% Female, 56.6%
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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3%
LGBT Percentage12%13%

Differences between condominium manager and real estate agent 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.

Real estate agent example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
  • Create ad campaigns via Google ad-words and Facebook.
  • Determine whether title transfers are assessable for taxation.
  • Learn all phases of real estate ethics, practice and procedures.
  • Review and analyze corporate leases, securities offerings, and secure transactions.
  • Show more

Condominium manager vs real estate agent skills

Common condominium manager skills
  • Condo, 23%
  • Customer Service, 21%
  • Financial Statements, 19%
  • HOA, 8%
  • Condominiums, 8%
  • Real Estate, 7%
Common real estate agent skills
  • Customer Service, 15%
  • Real Estate License, 11%
  • Excellent Interpersonal, 10%
  • Real Estate Market, 10%
  • Open Houses, 7%
  • Develop Marketing Materials, 6%

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