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The differences between real estate administrators and directors of property management 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 a director of property management. Additionally, a director of property management has an average salary of $97,349, which is higher than the $50,512 average annual salary of a real estate administrator.
The top three skills for a real estate administrator include customer service, administrative tasks and management reports. The most important skills for a director of property management are real estate, portfolio, and property management.
| Real Estate Administrator | Director Of Property Management | |
| Yearly salary | $50,512 | $97,349 |
| Hourly rate | $24.28 | $46.80 |
| Growth rate | 3% | 3% |
| Number of jobs | 68,990 | 78,020 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 52% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
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.
A director of property management oversees and directs the property management programs and projects of an organization. They take the lead in identifying and meeting the needs of different facilities, researching client and business opportunities, gathering and analyzing data from annual and monthly reports, coordinating with suppliers and contractors, and making significant decisions. They also participate in managing tenants, overseeing marketing procedures, and solving issues when any arise. Moreover, a director of property management sets goals, establishes timelines and guidelines, empowers employees, and implements company standards and policies.
Real estate administrators and directors of property management have different pay scales, as shown below.
| Real Estate Administrator | Director Of Property Management | |
| Average salary | $50,512 | $97,349 |
| Salary range | Between $38,000 And $66,000 | Between $62,000 And $151,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Connecticut |
| Best paying company | - | Brookfield Properties |
| Best paying industry | - | - |
There are a few differences between a real estate administrator and a director of property management in terms of educational background:
| Real Estate Administrator | Director Of Property Management | |
| Most common degree | Bachelor's Degree, 58% | 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 real estate administrators' and directors of property management' demographics:
| Real Estate Administrator | Director Of Property Management | |
| Average age | 48 | 48 |
| Gender ratio | Male, 18.3% Female, 81.7% | Male, 57.9% Female, 42.1% |
| Race ratio | 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% | 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% |
| LGBT Percentage | 12% | 12% |