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The differences between property management specialists and acquisitions 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 specialist and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $45,835 average annual salary of a property management specialist.
The top three skills for a property management specialist include property management, customer service and real estate. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.
| Property Management Specialist | Acquisitions Manager | |
| Yearly salary | $45,835 | $97,768 |
| Hourly rate | $22.04 | $47.00 |
| Growth rate | 3% | 3% |
| Number of jobs | 74,282 | 9,054 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 71% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
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.
Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.
Property management specialists and acquisitions managers have different pay scales, as shown below.
| Property Management Specialist | Acquisitions Manager | |
| Average salary | $45,835 | $97,768 |
| Salary range | Between $27,000 And $77,000 | Between $65,000 And $145,000 |
| Highest paying City | San Rafael, CA | Hartford, CT |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Insurance | Professional |
There are a few differences between a property management specialist and an acquisitions manager in terms of educational background:
| Property Management Specialist | Acquisitions Manager | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between property management specialists' and acquisitions managers' demographics:
| Property Management Specialist | Acquisitions Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 64.6% Female, 35.4% |
| Race ratio | 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% | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |