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Property developer vs resident manager

The differences between property developers 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 developer and a resident manager. Additionally, a property developer has an average salary of $51,816, which is higher than the $50,811 average annual salary of a resident manager.

The top three skills for a property developer include real estate, financial statements and sub contractors. The most important skills for a resident manager are resident care, CPR, and medication administration.

Property developer vs resident manager overview

Property DeveloperResident Manager
Yearly salary$51,816$50,811
Hourly rate$24.91$24.43
Growth rate3%3%
Number of jobs75,31217,468
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 48%
Average age4848
Years of experience66

Property developer vs resident manager salary

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

Property DeveloperResident Manager
Average salary$51,816$50,811
Salary rangeBetween $31,000 And $85,000Between $31,000 And $82,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Westinghouse Appliances Australia
Best paying industry-Internet

Differences between property developer and resident manager education

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

Property DeveloperResident Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property developer vs resident manager demographics

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

Property DeveloperResident Manager
Average age4848
Gender ratioMale, 67.8% Female, 32.2%Male, 39.6% Female, 60.4%
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, 8.4% 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 developer and resident 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.

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.
  • Show more

Property developer vs resident manager skills

Common property developer skills
  • Real Estate, 15%
  • Financial Statements, 14%
  • Sub Contractors, 13%
  • Property Management, 13%
  • Payroll, 8%
  • Residential Properties, 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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