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Property management assistant vs property management specialist

The differences between property management assistants and property management specialists 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 management assistant and a property management specialist. Additionally, a property management specialist has an average salary of $45,835, which is higher than the $34,826 average annual salary of a property management assistant.

The top three skills for a property management assistant include customer service, property management and real estate. The most important skills for a property management specialist are property management, customer service, and real estate.

Property management assistant vs property management specialist overview

Property Management AssistantProperty Management Specialist
Yearly salary$34,826$45,835
Hourly rate$16.74$22.04
Growth rate3%3%
Number of jobs69,31674,282
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 57%
Average age4848
Years of experience66

What does a property management assistant do?

Property management assistants are professionals who are responsible for providing support functions to the management team that handles residential or commercial properties. These assistants are required to interview prospective residents while helping new residents with moving in while scheduling their service requests. They must prepare all the correspondence for property owners such as utility change-overs and lease contracts. Property management assistants must also collaborate with their property managers to ensure prudent rent collections from their tenants.

What does a property management specialist do?

A property management specialist is responsible for managing the contracts and leasing opportunities for residential and commercial properties to potential tenants. Property management specialists evaluate the value of the properties according to market performance and determine the eligibility of tenant applicants in acquiring the property. They also inspect the condition of the property's overall facilities to identify possible repairs and renovations to ensure the safety and security of the tenants. A property management specialist must have excellent communication and organizational skills, especially in processing documents and organizing billing reports.

Property management assistant vs property management specialist salary

Property management assistants and property management specialists have different pay scales, as shown below.

Property Management AssistantProperty Management Specialist
Average salary$34,826$45,835
Salary rangeBetween $24,000 And $48,000Between $27,000 And $77,000
Highest paying CityScottsdale, AZSan Rafael, CA
Highest paying stateArizonaConnecticut
Best paying companyBGC PartnersMeta
Best paying industryMediaInsurance

Differences between property management assistant and property management specialist education

There are a few differences between a property management assistant and a property management specialist in terms of educational background:

Property Management AssistantProperty Management Specialist
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property management assistant vs property management specialist demographics

Here are the differences between property management assistants' and property management specialists' demographics:

Property Management AssistantProperty Management Specialist
Average age4848
Gender ratioMale, 27.3% Female, 72.7%Male, 50.7% Female, 49.3%
Race ratioBlack or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.5% American Indian and Alaska Native, 0.6%Black or African American, 8.8% Unknown, 4.1% Hispanic or Latino, 16.9% Asian, 5.3% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between property management assistant and property management specialist duties and responsibilities

Property management assistant example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Code and input all tenant invoices into MRI system.
  • Process all invoices in MRI system for vendors in accounting files.
  • Oversee building systems, including fire/life safety programs, HVAC and electrical issues.
  • Track HVAC and other tenant calls and insurance compliance along with maintaining files.
  • Prepare for all annual HUD inspections, interior and exterior, and all audit's.
  • Show more

Property management specialist example responsibilities.

  • Manage: GPC, MILSTRIP, food, medical, tools, repair parts, fuel, ammunition supplies.
  • Develop relationships with landlords, gaining substantial rental leads contributing to positive occupancy percentages.
  • Review loans convey to FHA (HUD) to confirm utilities are on/off, abide by state laws.
  • Coordinate with FEMA home base in Washington.
  • Serve as liaison between LPS and Everhome.
  • Develop and implement new procedures for FNMA service errors.
  • Show more

Property management assistant vs property management specialist skills

Common property management assistant skills
  • Customer Service, 17%
  • Property Management, 16%
  • Real Estate, 11%
  • Yardi, 7%
  • Vendor Contracts, 5%
  • Rent Payments, 3%
Common property management specialist skills
  • Property Management, 21%
  • Customer Service, 17%
  • Real Estate, 7%
  • Government Property, 5%
  • Management System, 5%
  • Real Property, 4%

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