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Real estate firm manager vs director of property management

The differences between real estate firm managers 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 firm manager and a director of property management. Additionally, a director of property management has an average salary of $97,349, which is higher than the $84,984 average annual salary of a real estate firm manager.

The top three skills for a real estate firm manager include real estate, and . The most important skills for a director of property management are real estate, portfolio, and property management.

Real estate firm manager vs director of property management overview

Real Estate Firm ManagerDirector Of Property Management
Yearly salary$84,984$97,349
Hourly rate$40.86$46.80
Growth rate3%3%
Number of jobs12,56778,020
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 52%
Average age4848
Years of experience66

Real estate firm manager vs director of property management salary

Real estate firm managers and directors of property management have different pay scales, as shown below.

Real Estate Firm ManagerDirector Of Property Management
Average salary$84,984$97,349
Salary rangeBetween $61,000 And $116,000Between $62,000 And $151,000
Highest paying City-San Francisco, CA
Highest paying state-Connecticut
Best paying company-Brookfield Properties
Best paying industry--

Differences between real estate firm manager and director of property management education

There are a few differences between a real estate firm manager and a director of property management in terms of educational background:

Real Estate Firm ManagerDirector Of Property Management
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Real estate firm manager vs director of property management demographics

Here are the differences between real estate firm managers' and directors of property management' demographics:

Real Estate Firm ManagerDirector Of Property Management
Average age4848
Gender ratioMale, 56.0% Female, 44.0%Male, 57.9% Female, 42.1%
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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate firm manager and director of property management 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.

Director of property management example responsibilities.

  • Manage YARDI implementation, training, conversion and roll out.
  • Manage several marketing sources, which includes but is not limit to Craigslist, Postlets, LINC program and local businesses.
  • Coordinate and manage the global intellectual property portfolio, including creation of patent strategies for new technology developments.
  • Manage, delegate and perform facility repairs, apartment renovations, preventive maintenance and inventory control utilizing CMMS program for maintenance.
  • Conduct oversight of the preventative maintenance system and emergency preparedness procedures.
  • Prepare monthly billing statements for overtime HVAC, utilities, engineering services, access card reprints, and duplicate keys.
  • Show more

Real estate firm manager vs director of property management skills

Common real estate firm manager skills
  • Real Estate, 100%
Common director of property management skills
  • Real Estate, 11%
  • Portfolio, 11%
  • Property Management, 7%
  • Financial Reports, 6%
  • Yardi, 4%
  • HVAC, 4%

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