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Property administrator hiring summary. Here are some key points about hiring property administrators in the United States:
Here's a step-by-step property administrator hiring guide:
A property administrator is responsible for performing administrative and clerical duties for real estate and property companies. Property administrators coordinate with prospective clients to inform them about the property and offers tours to give a better view of the location. They assist in preparing contracts, processing documents, administering payments, and resolving rent discrepancies. A property administrator also handles calls for regular maintenance of the property, ensuring the safety and security of the premises and negotiating maintenance services with contractors.
First, determine the employments status of the property administrator you need to hire. Certain property administrator roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect property administrator also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents property administrator salaries for various positions.
| Type of Property Administrator | Description | Hourly rate |
|---|---|---|
| Property Administrator | Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, and preserves its resale or leasing value. | $12-27 |
| Real Estate Manager | A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements... Show more | $27-62 |
| Resident Manager | A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner... Show more | $14-39 |
Including a salary range in the property administrator job description is a good way to get more applicants. A property administrator salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a property administrator in Oklahoma may be lower than in Connecticut, and an entry-level engineer typically earns less than a senior-level property administrator. Additionally, a property administrator with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $48,983 | $24 |
| 2 | California | $44,214 | $21 |
| 3 | Colorado | $43,896 | $21 |
| 4 | Alaska | $43,754 | $21 |
| 5 | Massachusetts | $42,296 | $20 |
| 6 | Maryland | $42,237 | $20 |
| 7 | Illinois | $41,460 | $20 |
| 8 | New York | $41,397 | $20 |
| 9 | Nevada | $40,756 | $20 |
| 10 | Virginia | $38,861 | $19 |
| 11 | North Carolina | $38,768 | $19 |
| 12 | New Mexico | $38,023 | $18 |
| 13 | Ohio | $36,218 | $17 |
| 14 | District of Columbia | $35,589 | $17 |
| 15 | Texas | $34,567 | $17 |
| 16 | Indiana | $34,142 | $16 |
| 17 | Florida | $31,712 | $15 |
| 18 | Georgia | $30,513 | $15 |
| 19 | Alabama | $29,751 | $14 |
| 20 | South Carolina | $29,196 | $14 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | BGC Partners | $75,336 | $36.22 | |
| 2 | Brookfield Properties | $59,283 | $28.50 | 10 |
| 3 | Empower Media Marketing | $58,758 | $28.25 | |
| 4 | Regency Centers | $52,566 | $25.27 | 2 |
| 5 | Fortive | $50,256 | $24.16 | |
| 6 | Parsons | $48,711 | $23.42 | 7 |
| 7 | General Dynamics Mission Systems | $48,580 | $23.36 | 5 |
| 8 | Marriott International | $46,789 | $22.49 | 29 |
| 9 | Lincoln Property Company | $45,364 | $21.81 | 92 |
| 10 | Oceaneering | $45,258 | $21.76 | 1 |
| 11 | Transwestern | $45,089 | $21.68 | 37 |
| 12 | Fluor Corporation | $45,054 | $21.66 | 22 |
| 13 | Realty Income | $44,881 | $21.58 | |
| 14 | First National Realty | $44,711 | $21.50 | 1 |
| 15 | Welltower | $44,640 | $21.46 | 2 |
| 16 | Bechtel Corporation | $44,313 | $21.30 | 21 |
| 17 | Beacon Hill Staffing Group | $44,178 | $21.24 | |
| 18 | Firstservice Residential California, Inc. | $43,767 | $21.04 | |
| 19 | Embarcadero Capital Partners | $43,681 | $21.00 | |
| 20 | National Renewable Energy Laboratory | $43,655 | $20.99 |
A property administrator job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a property administrator job description:
To find the right property administrator for your business, consider trying out a few different recruiting strategies:
Recruiting property administrators requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect property administrator candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new property administrator. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire property administrators, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire property administrators pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $39,619 per year for a property administrator, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for property administrators in the US typically range between $12 and $27 an hour.