Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between directors of property management 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 director of property management and a property management specialist. Additionally, a director of property management has an average salary of $97,349, which is higher than the $45,835 average annual salary of a property management specialist.
The top three skills for a director of property management include real estate, portfolio and property management. The most important skills for a property management specialist are property management, customer service, and real estate.
| Director Of Property Management | Property Management Specialist | |
| Yearly salary | $97,349 | $45,835 |
| Hourly rate | $46.80 | $22.04 |
| Growth rate | 3% | 3% |
| Number of jobs | 78,020 | 74,282 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 57% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A director of property management oversees and directs the property management programs and projects of an organization. They take the lead in identifying and meeting the needs of different facilities, researching client and business opportunities, gathering and analyzing data from annual and monthly reports, coordinating with suppliers and contractors, and making significant decisions. They also participate in managing tenants, overseeing marketing procedures, and solving issues when any arise. Moreover, a director of property management sets goals, establishes timelines and guidelines, empowers employees, and implements company standards and policies.
A property management specialist is responsible for managing the contracts and leasing opportunities for residential and commercial properties to potential tenants. Property management specialists evaluate the value of the properties according to market performance and determine the eligibility of tenant applicants in acquiring the property. They also inspect the condition of the property's overall facilities to identify possible repairs and renovations to ensure the safety and security of the tenants. A property management specialist must have excellent communication and organizational skills, especially in processing documents and organizing billing reports.
Directors of property management and property management specialists have different pay scales, as shown below.
| Director Of Property Management | Property Management Specialist | |
| Average salary | $97,349 | $45,835 |
| Salary range | Between $62,000 And $151,000 | Between $27,000 And $77,000 |
| Highest paying City | San Francisco, CA | San Rafael, CA |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Brookfield Properties | Meta |
| Best paying industry | - | Insurance |
There are a few differences between a director of property management and a property management specialist in terms of educational background:
| Director Of Property Management | Property Management Specialist | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 57% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between directors of property management' and property management specialists' demographics:
| Director Of Property Management | Property Management Specialist | |
| Average age | 48 | 48 |
| Gender ratio | Male, 57.9% Female, 42.1% | Male, 50.7% Female, 49.3% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% 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 Percentage | 12% | 12% |