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Real estate firm manager vs property management assistant

The differences between real estate firm managers and property management assistants 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 property management assistant. Additionally, a real estate firm manager has an average salary of $84,984, which is higher than the $34,826 average annual salary of a property management assistant.

The top three skills for a real estate firm manager include real estate, and . The most important skills for a property management assistant are customer service, property management, and real estate.

Real estate firm manager vs property management assistant overview

Real Estate Firm ManagerProperty Management Assistant
Yearly salary$84,984$34,826
Hourly rate$40.86$16.74
Growth rate3%3%
Number of jobs12,56769,316
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 57%
Average age4848
Years of experience66

Real estate firm manager vs property management assistant salary

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

Real Estate Firm ManagerProperty Management Assistant
Average salary$84,984$34,826
Salary rangeBetween $61,000 And $116,000Between $24,000 And $48,000
Highest paying City-Scottsdale, AZ
Highest paying state-Arizona
Best paying company-BGC Partners
Best paying industry-Media

Differences between real estate firm manager and property management assistant education

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

Real Estate Firm ManagerProperty Management Assistant
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Real estate firm manager vs property management assistant demographics

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

Real Estate Firm ManagerProperty Management Assistant
Average age4848
Gender ratioMale, 56.0% Female, 44.0%Male, 27.3% Female, 72.7%
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, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate firm manager and property management assistant 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.

Property management assistant example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Code and input all tenant invoices into MRI system.
  • Process all invoices in MRI system for vendors in accounting files.
  • Oversee building systems, including fire/life safety programs, HVAC and electrical issues.
  • Track HVAC and other tenant calls and insurance compliance along with maintaining files.
  • Prepare for all annual HUD inspections, interior and exterior, and all audit's.
  • Show more

Real estate firm manager vs property management assistant skills

Common real estate firm manager skills
  • Real Estate, 100%
Common property management assistant skills
  • Customer Service, 17%
  • Property Management, 16%
  • Real Estate, 11%
  • Yardi, 7%
  • Vendor Contracts, 5%
  • Rent Payments, 3%

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