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Property developer vs regional property manager

The differences between property developers and regional 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 regional property manager. Additionally, a regional property manager has an average salary of $79,788, 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 regional property manager are property management, portfolio, and customer service.

Property developer vs regional property manager overview

Property DeveloperRegional Property Manager
Yearly salary$51,816$79,788
Hourly rate$24.91$38.36
Growth rate3%3%
Number of jobs75,31235,266
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 63%
Average age4848
Years of experience66

Property developer vs regional property manager salary

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

Property DeveloperRegional Property Manager
Average salary$51,816$79,788
Salary rangeBetween $31,000 And $85,000Between $56,000 And $113,000
Highest paying City-New York, NY
Highest paying state-Connecticut
Best paying company-D.R. Horton
Best paying industry-Professional

Differences between property developer and regional property manager education

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

Property DeveloperRegional Property Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property developer vs regional property manager demographics

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

Property DeveloperRegional Property Manager
Average age4848
Gender ratioMale, 67.8% Female, 32.2%Male, 41.0% Female, 59.0%
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, 9.5% Unknown, 4.2% Hispanic or Latino, 16.2% Asian, 5.5% White, 64.0% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between property developer and regional 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.

Regional property manager example responsibilities.

  • Manage a portfolio of 11 walk-up and high-rise condominiums and cooperatives (275 units).
  • Manage all site communication channels including multiple internal sites such as SharePoint and other corporate community base resources for Arizona.
  • Maximize the operating efficiency and financial performance of the portfolio by developing strategic plans for enhance performance.
  • Monitor LIHTC files for accuracy and compliance.
  • Draft corrective and conveyance deeds if necessary to correct foreclosure deed.
  • Work with all type of insurance companies including Medicare & Medicaid.
  • Show more

Property developer vs regional 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 regional property manager skills
  • Property Management, 14%
  • Portfolio, 13%
  • Customer Service, 8%
  • Real Estate, 7%
  • Yardi, 6%
  • Financial Performance, 5%

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