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Property preservation specialist vs resident manager

The differences between property preservation specialists and resident 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 preservation specialist and a resident manager. Additionally, a resident manager has an average salary of $50,811, which is higher than the $46,473 average annual salary of a property preservation specialist.

The top three skills for a property preservation specialist include property preservation, GRASS and contractor bids. The most important skills for a resident manager are resident care, CPR, and medication administration.

Property preservation specialist vs resident manager overview

Property Preservation SpecialistResident Manager
Yearly salary$46,473$50,811
Hourly rate$22.34$24.43
Growth rate3%3%
Number of jobs10,30317,468
Job satisfaction--
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 48%
Average age4848
Years of experience66

What does a property preservation specialist do?

Property Preservation Specialists can earn pay of $41K per year in a career that requires the ensuring of compliance with investor and insurer guidelines, the following of state-defined codes and guidelines, and phone, fax, and email knowledge. A high school diploma or bachelor's degree will be needed for this career.

What does a resident manager do?

A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

Property preservation specialist vs resident manager salary

Property preservation specialists and resident managers have different pay scales, as shown below.

Property Preservation SpecialistResident Manager
Average salary$46,473$50,811
Salary rangeBetween $29,000 And $74,000Between $31,000 And $82,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Westinghouse Appliances Australia
Best paying industry-Internet

Differences between property preservation specialist and resident manager education

There are a few differences between a property preservation specialist and a resident manager in terms of educational background:

Property Preservation SpecialistResident Manager
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property preservation specialist vs resident manager demographics

Here are the differences between property preservation specialists' and resident managers' demographics:

Property Preservation SpecialistResident Manager
Average age4848
Gender ratioMale, 50.7% Female, 49.3%Male, 39.6% Female, 60.4%
Race ratioBlack 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%Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between property preservation specialist and resident manager duties and responsibilities

Property preservation specialist example responsibilities.

  • Elevate IP awareness lead to increase in invention disclosures and improve cross-functional relationships.
  • File and monitor HUD extensions through conveyance condition process and in the case of foreclosure delay if request.
  • Mold remediation, allowables, lock outs, winterizations, work per bids, evictions, clean outs ....
  • Perform property inspections per HUD specifications; property, insurance loss, occupancy, sale date, bankruptcy and foreclosure inspections.
  • Communicate with code officers, inspectors, HOA, court and other local municipalities to discuss and cure violations.
  • Coordinate with contractors, asset managers, and evictions specialist to mitigate loss and maintain foreclose properties until closing.
  • Show more

Resident manager example responsibilities.

  • Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
  • Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
  • Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
  • Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
  • Experience in Onesite system software.
  • Collect and post rent into YARDI.
  • Show more

Property preservation specialist vs resident manager skills

Common property preservation specialist skills
  • Property Preservation, 11%
  • GRASS, 9%
  • Contractor Bids, 7%
  • Conveyance, 7%
  • REO, 7%
  • FHA, 5%
Common resident manager skills
  • Resident Care, 10%
  • CPR, 8%
  • Medication Administration, 7%
  • Developmental Disabilities, 6%
  • Crisis Intervention, 5%
  • Property Management, 5%

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