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The differences between property coordinators and property 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 coordinator and a property manager. Additionally, a property manager has an average salary of $49,958, 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 manager are customer service, property management, and financial reports.
| Property Coordinator | Property Manager | |
| Yearly salary | $42,502 | $49,958 |
| Hourly rate | $20.43 | $24.02 |
| Growth rate | 3% | 3% |
| Number of jobs | 25,813 | 15,402 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 50% |
| 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.
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
Property coordinators and property managers have different pay scales, as shown below.
| Property Coordinator | Property Manager | |
| Average salary | $42,502 | $49,958 |
| Salary range | Between $30,000 And $59,000 | Between $34,000 And $72,000 |
| Highest paying City | Stamford, CT | New York, NY |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | Cummins | Nokia |
| Best paying industry | Professional | Professional |
There are a few differences between a property coordinator and a property manager in terms of educational background:
| Property Coordinator | Property Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 50% |
| 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 managers' demographics:
| Property Coordinator | Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 31.3% Female, 68.7% | Male, 38.1% Female, 61.9% |
| 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |