Post job

Real estate administrator vs assistant property manager

The differences between real estate administrators 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 real estate administrator and an assistant property manager. Additionally, a real estate administrator has an average salary of $50,512, which is higher than the $44,338 average annual salary of an assistant property manager.

The top three skills for a real estate administrator include customer service, administrative tasks and management reports. The most important skills for an assistant property manager are customer service, property management, and yardi.

Real estate administrator vs assistant property manager overview

Real Estate AdministratorAssistant Property Manager
Yearly salary$50,512$44,338
Hourly rate$24.28$21.32
Growth rate3%3%
Number of jobs68,99013,736
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 52%
Average age4848
Years of experience66

What does a real estate administrator do?

A real estate administrator is responsible for performing administrative and clerical duties to assist real estate agents in closing property sales and manage clients' real estate documents. Real estate administrators connect with clients to schedule appointments, inform them of any updates, and write transaction reports. They also join the real estate agents in the property inspection to ensure the location's safety and security according to the clients' requirements. A real estate administrator must have excellent communication and organizational skills, especially in sorting files and documents and coordinating transactions.

What does an assistant property manager do?

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.

Real estate administrator vs assistant property manager salary

Real estate administrators and assistant property managers have different pay scales, as shown below.

Real Estate AdministratorAssistant Property Manager
Average salary$50,512$44,338
Salary rangeBetween $38,000 And $66,000Between $29,000 And $66,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-Ilitch Holdings
Best paying industry-Finance

Differences between real estate administrator and assistant property manager education

There are a few differences between a real estate administrator and an assistant property manager in terms of educational background:

Real Estate AdministratorAssistant Property Manager
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate administrator vs assistant property manager demographics

Here are the differences between real estate administrators' and assistant property managers' demographics:

Real Estate AdministratorAssistant Property Manager
Average age4848
Gender ratioMale, 18.3% Female, 81.7%Male, 25.9% Female, 74.1%
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, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate administrator and assistant property manager duties and responsibilities

Real estate administrator example responsibilities.

  • Accomplish and submit financial reports to promote positive cash flow and return on investment (ROI).
  • Manage records, and correspondences to meet or surpass filings to courts, CPA's, and legal counsels.
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Process tenant move-in and move-out forms and ensure that the tenant accounts are properly reflect in MRI; maintain stacking plans.
  • Assist with office marketing through materials and PowerPoint.
  • Assist broker with escrow transactions and update MLS.
  • Show more

Assistant property manager example responsibilities.

  • Create and manage all marketing ads on websites (Craigslist, Facebook) using various design layouts monthly.
  • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Process applications & re-certifications in accordance with LIHTC & corporate compliance requirements.
  • Collect and post rents into YARDI system, and make daily deposits.
  • Post gross potential rent entries, and generate related reports in YARDI.
  • Show more

Real estate administrator vs assistant property manager skills

Common real estate administrator skills
  • Customer Service, 19%
  • Administrative Tasks, 14%
  • Management Reports, 10%
  • Budget Preparation, 10%
  • Insurance Certificates, 9%
  • Phone Support, 8%
Common assistant property manager skills
  • Customer Service, 21%
  • Property Management, 17%
  • Yardi, 8%
  • Rent Payments, 4%
  • Resident Relations, 4%
  • Bank Deposits, 4%

Browse executive management jobs