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Real estate firm manager vs apartment manager

The differences between real estate firm managers and apartment 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 firm manager and an apartment manager. Additionally, a real estate firm manager has an average salary of $84,984, which is higher than the $40,520 average annual salary of an apartment manager.

The top three skills for a real estate firm manager include real estate, and . The most important skills for an apartment manager are property management, evictions, and bank deposits.

Real estate firm manager vs apartment manager overview

Real Estate Firm ManagerApartment Manager
Yearly salary$84,984$40,520
Hourly rate$40.86$19.48
Growth rate3%3%
Number of jobs12,56710,867
Job satisfaction-5
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 37%
Average age4848
Years of experience66

Real estate firm manager vs apartment manager salary

Real estate firm managers and apartment managers have different pay scales, as shown below.

Real Estate Firm ManagerApartment Manager
Average salary$84,984$40,520
Salary rangeBetween $61,000 And $116,000Between $23,000 And $70,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between real estate firm manager and apartment manager education

There are a few differences between a real estate firm manager and an apartment manager in terms of educational background:

Real Estate Firm ManagerApartment Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 37%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Real estate firm manager vs apartment manager demographics

Here are the differences between real estate firm managers' and apartment managers' demographics:

Real Estate Firm ManagerApartment Manager
Average age4848
Gender ratioMale, 56.0% Female, 44.0%Male, 32.7% Female, 67.3%
Race ratioBlack or African American, 6.3% Unknown, 4.0% Hispanic or Latino, 12.3% Asian, 4.6% White, 72.3% 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, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate firm manager and apartment manager duties and responsibilities

Real estate firm manager example responsibilities.

  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Provide administrative management of a portfolio of assign commercial real estate loans in accordance with credit policy requirements for risk management.
  • Assist with the preparation of quarterly and year-end tax, cash, RPIE and GAAP reporting.
  • Prepare legal description necessary for property conveyance indicating any encumbrances affecting the property.

Apartment manager example responsibilities.

  • Live on-site, manage property and employees, payroll, purchasing, inventory, deposits, etc.
  • Accomplish financial objectives by collecting rents, accounts payable and receivable, payroll, and prepare annual budget.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Maintain all client accounts, post all move ins, late fees and any other charges on Yardi property database system.
  • Introduce property owner to YARDI, and other online property legal services.
  • Organized/Update files according to certification and adjust payments utilizing HUD formula.
  • Show more

Real estate firm manager vs apartment manager skills

Common real estate firm manager skills
  • Real Estate, 100%
Common apartment manager skills
  • Property Management, 8%
  • Evictions, 7%
  • Bank Deposits, 5%
  • Rent Collection, 5%
  • Background Checks, 5%
  • Yardi, 5%

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