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The differences between property managers and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, 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 real estate agent are customer service, real estate license, and excellent interpersonal.
| Property Manager | Real Estate Agent | |
| Yearly salary | $49,958 | $91,788 |
| Hourly rate | $24.02 | $44.13 |
| Growth rate | 3% | 5% |
| Number of jobs | 15,402 | 41,399 |
| Job satisfaction | 5 | 4 |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 59% |
| Average age | 48 | 49 |
| Years of experience | 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.
A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.
Property managers and real estate agents have different pay scales, as shown below.
| Property Manager | Real Estate Agent | |
| Average salary | $49,958 | $91,788 |
| Salary range | Between $34,000 And $72,000 | Between $66,000 And $126,000 |
| Highest paying City | New York, NY | Long Beach, NY |
| Highest paying state | New Jersey | West Virginia |
| Best paying company | Nokia | Santa Clara Valley Water District |
| Best paying industry | Professional | Finance |
There are a few differences between a property manager and a real estate agent in terms of educational background:
| Property Manager | Real Estate Agent | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between property managers' and real estate agents' demographics:
| Property Manager | Real Estate Agent | |
| Average age | 48 | 49 |
| Gender ratio | Male, 38.1% Female, 61.9% | Male, 43.4% Female, 56.6% |
| 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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 13% |