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Real estate developer vs property developer

The differences between real estate developers and property developers 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 developer and a property developer. Additionally, a real estate developer has an average salary of $93,510, which is higher than the $51,816 average annual salary of a property developer.

The top three skills for a real estate developer include financial statements, property management and due diligence. The most important skills for a property developer are real estate, financial statements, and sub contractors.

Real estate developer vs property developer overview

Real Estate DeveloperProperty Developer
Yearly salary$93,510$51,816
Hourly rate$44.96$24.91
Growth rate3%3%
Number of jobs87,86575,312
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 65%
Average age4848
Years of experience66

Real estate developer vs property developer salary

Real estate developers and property developers have different pay scales, as shown below.

Real Estate DeveloperProperty Developer
Average salary$93,510$51,816
Salary rangeBetween $66,000 And $131,000Between $31,000 And $85,000
Highest paying CityCatonsville, MD-
Highest paying stateConnecticut-
Best paying companyRSM US-
Best paying industryMedia-

Differences between real estate developer and property developer education

There are a few differences between a real estate developer and a property developer in terms of educational background:

Real Estate DeveloperProperty Developer
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate developer vs property developer demographics

Here are the differences between real estate developers' and property developers' demographics:

Real Estate DeveloperProperty Developer
Average age4848
Gender ratioMale, 66.9% Female, 33.1%Male, 67.8% Female, 32.2%
Race ratioBlack or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 17.0% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6%Black or African American, 8.7% Unknown, 4.1% Hispanic or Latino, 16.8% Asian, 5.3% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate developer and property developer duties and responsibilities

Real estate developer example responsibilities.

  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Convert FTTH's accounting to QuickBooks
  • Install windows, doors and put on metal roof.
  • Remodel entire building, add bathroom, and double glaze windows for views of mountains.
  • Assist in the preparation of GAAP, statutory, management, and other financial reporting on monthly and quarterly basis.
  • Conduct semi-annual asset valuations and pro-forma analyses using ARGUS and self-developed models.
  • Show more

Property developer example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Control and track the accuracy of the payroll.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.

Real estate developer vs property developer skills

Common real estate developer skills
  • Financial Statements, 14%
  • Property Management, 10%
  • Due Diligence, 8%
  • General Contractors, 7%
  • Payroll, 4%
  • Real Estate Development, 4%
Common property developer skills
  • Real Estate, 15%
  • Financial Statements, 14%
  • Sub Contractors, 13%
  • Property Management, 13%
  • Payroll, 8%
  • Residential Properties, 5%

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