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The differences between property coordinators 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 property coordinator and a property management specialist. Additionally, a property management specialist has an average salary of $45,835, which is higher than the $42,502 average annual salary of a property coordinator.
The top three skills for a property coordinator include phone calls, tenant relations and data entry. The most important skills for a property management specialist are property management, customer service, and real estate.
| Property Coordinator | Property Management Specialist | |
| Yearly salary | $42,502 | $45,835 |
| Hourly rate | $20.43 | $22.04 |
| Growth rate | 3% | 3% |
| Number of jobs | 25,813 | 74,282 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 57% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Typically, a property coordinator maintains several properties for different owners. Property coordinators assist the property managers in the preparation of increased operating costs. They help the managers in the processing of insurance, rent, lease, tax, and any other billings to the tenants. It6 is part of their job to prepare and update reports concerning property management. Also, they take responsibility for the oversight, leadership, and standards of care of the properties.
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.
Property coordinators and property management specialists have different pay scales, as shown below.
| Property Coordinator | Property Management Specialist | |
| Average salary | $42,502 | $45,835 |
| Salary range | Between $30,000 And $59,000 | Between $27,000 And $77,000 |
| Highest paying City | Stamford, CT | San Rafael, CA |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Cummins | Meta |
| Best paying industry | Professional | Insurance |
There are a few differences between a property coordinator and a property management specialist in terms of educational background:
| Property Coordinator | Property Management Specialist | |
| Most common degree | Bachelor's Degree, 60% | 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 property coordinators' and property management specialists' demographics:
| Property Coordinator | Property Management Specialist | |
| Average age | 48 | 48 |
| Gender ratio | Male, 31.3% Female, 68.7% | Male, 50.7% Female, 49.3% |
| Race ratio | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.7% Asian, 5.3% White, 63.7% 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% |