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Property coordinator vs resident manager

The differences between property coordinators and resident 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 resident manager. Additionally, a resident manager has an average salary of $50,811, 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 resident manager are resident care, CPR, and medication administration.

Property coordinator vs resident manager overview

Property CoordinatorResident Manager
Yearly salary$42,502$50,811
Hourly rate$20.43$24.43
Growth rate3%3%
Number of jobs25,81317,468
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 48%
Average age4848
Years of experience66

What does a property coordinator do?

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.

What does a resident manager do?

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. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

Property coordinator vs resident manager salary

Property coordinators and resident managers have different pay scales, as shown below.

Property CoordinatorResident Manager
Average salary$42,502$50,811
Salary rangeBetween $30,000 And $59,000Between $31,000 And $82,000
Highest paying CityStamford, CTNew York, NY
Highest paying stateConnecticutNew York
Best paying companyCumminsWestinghouse Appliances Australia
Best paying industryProfessionalInternet

Differences between property coordinator and resident manager education

There are a few differences between a property coordinator and a resident manager in terms of educational background:

Property CoordinatorResident Manager
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property coordinator vs resident manager demographics

Here are the differences between property coordinators' and resident managers' demographics:

Property CoordinatorResident Manager
Average age4848
Gender ratioMale, 31.3% Female, 68.7%Male, 39.6% Female, 60.4%
Race ratioBlack 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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between property coordinator and resident manager duties and responsibilities

Property coordinator example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Prepare correspondence with USPTO and foreign associates.
  • Generate letters regarding receipts and notifications from the USPTO to clients.
  • Work with owners and tenants to assist them with service requests or HOA violations.
  • Prepare small claims court actions for evictions, unpaid rent, and damages when necessary.
  • Keep accurate records of current space conditions including roof, HVAC, utilities and special circumstances.
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Resident manager example responsibilities.

  • Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
  • Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
  • Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
  • Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
  • Experience in Onesite system software.
  • Collect and post rent into YARDI.
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Property coordinator vs resident manager skills

Common property coordinator skills
  • Phone Calls, 18%
  • Tenant Relations, 8%
  • Data Entry, 8%
  • Maintenance Services, 8%
  • Vendor Invoices, 5%
  • Yardi, 5%
Common resident manager skills
  • Resident Care, 10%
  • CPR, 8%
  • Medication Administration, 7%
  • Developmental Disabilities, 6%
  • Crisis Intervention, 5%
  • Property Management, 5%

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