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Property management assistant vs regional property manager

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

Property management assistant vs regional property manager overview

Property Management AssistantRegional Property Manager
Yearly salary$34,826$79,788
Hourly rate$16.74$38.36
Growth rate3%3%
Number of jobs69,31635,266
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 63%
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 regional property manager do?

A regional property manager is in charge of overseeing the maintenance and operations of commercial and residential properties in a particular area, ensuring efficiency and smooth workflow. Their responsibilities include setting goals and objectives, coordinating with staff, managing budgets and schedules, producing progress reports and presentations for the executives, and resolving issues promptly and efficiently. Furthermore, a regional property manager spearheads the efforts put into advertising properties for potential clients, approving applications, and terminating leases, all while implementing the company's policies and regulations.

Property management assistant vs regional property manager salary

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

Property Management AssistantRegional Property Manager
Average salary$34,826$79,788
Salary rangeBetween $24,000 And $48,000Between $56,000 And $113,000
Highest paying CityScottsdale, AZNew York, NY
Highest paying stateArizonaConnecticut
Best paying companyBGC PartnersD.R. Horton
Best paying industryMediaProfessional

Differences between property management assistant and regional property manager education

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

Property Management AssistantRegional Property Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property management assistant vs regional property manager demographics

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

Property Management AssistantRegional Property Manager
Average age4848
Gender ratioMale, 27.3% Female, 72.7%Male, 41.0% Female, 59.0%
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, 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 management assistant and regional property manager 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

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 management assistant vs regional property manager skills

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