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The differences between property managers and building 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 a building manager. Additionally, a building manager has an average salary of $66,595, which is higher than the $49,958 average annual salary of a property manager.
The top three skills for a property manager include customer service, property management and financial reports. The most important skills for a building manager are building maintenance, emergency situations, and HVAC.
| Property Manager | Building Manager | |
| Yearly salary | $49,958 | $66,595 |
| Hourly rate | $24.02 | $32.02 |
| Growth rate | 3% | 3% |
| Number of jobs | 15,402 | 15,982 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 67% |
| 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.
Building managers are executives who oversee the maintenance and safety of properties and make sure that these properties comply with the organization's goals. The managers coordinate and manage the safety, security, and maintenance of the general building. They are tasked to supervise janitorial staff in cleaning the building. It is their responsibility to keep organized and clear records related to security issues and occupant complaints. They should be equipped with organizational skills, attention to detail, and communication skills.
Property managers and building managers have different pay scales, as shown below.
| Property Manager | Building Manager | |
| Average salary | $49,958 | $66,595 |
| Salary range | Between $34,000 And $72,000 | Between $37,000 And $117,000 |
| Highest paying City | New York, NY | Cambridge, MA |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Nokia | Apple |
| Best paying industry | Professional | Real Estate |
There are a few differences between a property manager and a building manager in terms of educational background:
| Property Manager | Building Manager | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between property managers' and building managers' demographics:
| Property Manager | Building Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.1% Female, 61.9% | Male, 65.9% Female, 34.1% |
| 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, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |