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Property developer vs real estate manager

The differences between property developers 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 developer and a real estate manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $51,816 average annual salary of a property developer.

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

Property developer vs real estate manager overview

Property DeveloperReal Estate Manager
Yearly salary$51,816$86,874
Hourly rate$24.91$41.77
Growth rate3%3%
Number of jobs75,31224,751
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 69%
Average age4848
Years of experience66

Property developer vs real estate manager salary

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

Property DeveloperReal Estate Manager
Average salary$51,816$86,874
Salary rangeBetween $31,000 And $85,000Between $58,000 And $129,000
Highest paying City-Hartford, CT
Highest paying state-Connecticut
Best paying company-McKinsey & Company Inc
Best paying industry-Finance

Differences between property developer and real estate manager education

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

Property DeveloperReal Estate Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property developer vs real estate manager demographics

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

Property DeveloperReal Estate Manager
Average age4848
Gender ratioMale, 67.8% Female, 32.2%Male, 59.2% Female, 40.8%
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, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between property developer and real estate 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.

Real estate manager example responsibilities.

  • Manage the submittal of all require documents for construction NTP.
  • Lead SEO efforts for primary corporate site, improving organic and paid traffic.
  • Coordinate and manage the NEPA, SHPO, FAA and FCC approval process.
  • Manage $20M budget and all fiscal functions including payroll, A/R, and A/P.
  • Manage and own the entire process from issue of RFDS to obtaining NTP from tower owner.
  • Manage leasing process of market price, tax credit, public housing programs as well as HUD apartments.
  • Show more

Property developer vs real estate manager skills

Common property developer skills
  • Real Estate, 15%
  • Financial Statements, 14%
  • Sub Contractors, 13%
  • Property Management, 13%
  • Payroll, 8%
  • Residential Properties, 5%
Common real estate manager skills
  • Financial Analysis, 10%
  • Property Management, 10%
  • Project Management, 8%
  • Oversight, 6%
  • Due Diligence, 6%
  • Customer Service, 6%

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