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Property developer vs property manager

The differences between property developers 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 developer and a property manager. Additionally, a property developer has an average salary of $51,816, which is higher than the $49,958 average annual salary of a property manager.

The top three skills for a property developer include real estate, financial statements and sub contractors. The most important skills for a property manager are customer service, property management, and financial reports.

Property developer vs property manager overview

Property DeveloperProperty Manager
Yearly salary$51,816$49,958
Hourly rate$24.91$24.02
Growth rate3%3%
Number of jobs75,31215,402
Job satisfaction-5
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 50%
Average age4848
Years of experience66

Property developer vs property manager salary

Property developers and property managers have different pay scales, as shown below.

Property DeveloperProperty Manager
Average salary$51,816$49,958
Salary rangeBetween $31,000 And $85,000Between $34,000 And $72,000
Highest paying City-New York, NY
Highest paying state-New Jersey
Best paying company-Nokia
Best paying industry-Professional

Differences between property developer and property manager education

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

Property DeveloperProperty Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property developer vs property manager demographics

Here are the differences between property developers' and property managers' demographics:

Property DeveloperProperty Manager
Average age4848
Gender ratioMale, 67.8% Female, 32.2%Male, 38.1% Female, 61.9%
Race ratioBlack or African American, 8.7% Unknown, 4.1% Hispanic or Latino, 16.8% Asian, 5.3% White, 64.4% 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 Percentage12%12%

Differences between property developer and property manager duties and responsibilities

Property developer example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Control and track the accuracy of the payroll.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.

Property manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Update resident and unit information utilizing property management software (OneSite )
  • Maintain OSHA files, employee files, payroll files and staff PTO accruals.
  • Record journal entries for accruals.
  • Process applications and coordinate lease signing with new residents in YARDI.
  • Show more

Property developer vs property manager skills

Common property developer skills
  • Real Estate, 15%
  • Financial Statements, 14%
  • Sub Contractors, 13%
  • Property Management, 13%
  • Payroll, 8%
  • Residential Properties, 5%
Common property manager skills
  • Customer Service, 15%
  • Property Management, 14%
  • Financial Reports, 7%
  • Real Estate, 6%
  • Yardi, 6%
  • Resident Retention, 3%

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