Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between property managers and assistant 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 manager and an assistant property manager. Additionally, a property manager has an average salary of $49,958, which is higher than the $44,338 average annual salary of an assistant property manager.
The top three skills for a property manager include customer service, property management and financial reports. The most important skills for an assistant property manager are customer service, property management, and yardi.
| Property Manager | Assistant Property Manager | |
| Yearly salary | $49,958 | $44,338 |
| Hourly rate | $24.02 | $21.32 |
| Growth rate | 3% | 3% |
| Number of jobs | 15,402 | 13,736 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 52% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
An assistant property manager's role is to manage rental properties. One of their primary responsibility is to devise strategies on attracting potential tenants by posting advertisements in various platforms, conducting viewing appointments and tours, responding to inquiries and issues, receiving and gathering applicants' requirements, and evaluating every application. An assistant property anager also has the responsibility of collecting payments, managing the building's maintenance and upkeep, including its units, and coordinating with tenants for any concerns or issues.
Property managers and assistant property managers have different pay scales, as shown below.
| Property Manager | Assistant Property Manager | |
| Average salary | $49,958 | $44,338 |
| Salary range | Between $34,000 And $72,000 | Between $29,000 And $66,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Nokia | Ilitch Holdings |
| Best paying industry | Professional | Finance |
There are a few differences between a property manager and an assistant property manager in terms of educational background:
| Property Manager | Assistant Property Manager | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between property managers' and assistant property managers' demographics:
| Property Manager | Assistant Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.1% Female, 61.9% | Male, 25.9% Female, 74.1% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |