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The differences between property administrators 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 property administrator and a real estate manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $39,619 average annual salary of a property administrator.
The top three skills for a property administrator include property management, customer service and office equipment. The most important skills for a real estate manager are financial analysis, property management, and project management.
| Property Administrator | Real Estate Manager | |
| Yearly salary | $39,619 | $86,874 |
| Hourly rate | $19.05 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 56,820 | 24,751 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 69% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
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.
A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
Property administrators and real estate managers have different pay scales, as shown below.
| Property Administrator | Real Estate Manager | |
| Average salary | $39,619 | $86,874 |
| Salary range | Between $27,000 And $57,000 | Between $58,000 And $129,000 |
| Highest paying City | Bellevue, WA | Hartford, CT |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | BGC Partners | McKinsey & Company Inc |
| Best paying industry | Real Estate | Finance |
There are a few differences between a property administrator and a real estate manager in terms of educational background:
| Property Administrator | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 60% | 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 property administrators' and real estate managers' demographics:
| Property Administrator | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 30.5% Female, 69.5% | Male, 59.2% Female, 40.8% |
| Race ratio | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.5% 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% |