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The differences between real estate administrators and real estate 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 a real estate manager. Additionally, a real estate manager has an average salary of $86,874, 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 real estate manager are financial analysis, property management, and project management.
| Real Estate Administrator | Real Estate Manager | |
| Yearly salary | $50,512 | $86,874 |
| Hourly rate | $24.28 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 68,990 | 24,751 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 69% |
| 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 Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
Real estate administrators and real estate managers have different pay scales, as shown below.
| Real Estate Administrator | Real Estate Manager | |
| Average salary | $50,512 | $86,874 |
| Salary range | Between $38,000 And $66,000 | Between $58,000 And $129,000 |
| Highest paying City | - | Hartford, CT |
| Highest paying state | - | Connecticut |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | Finance |
There are a few differences between a real estate administrator and a real estate manager in terms of educational background:
| Real Estate Administrator | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 69% |
| 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 real estate managers' demographics:
| Real Estate Administrator | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 18.3% Female, 81.7% | Male, 59.2% Female, 40.8% |
| 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, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |