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Real estate firm manager vs resident manager

The differences between real estate firm managers and resident 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 a resident manager. Additionally, a real estate firm manager has an average salary of $84,984, which is higher than the $50,811 average annual salary of a resident manager.

The top three skills for a real estate firm manager include real estate, and . The most important skills for a resident manager are resident care, CPR, and medication administration.

Real estate firm manager vs resident manager overview

Real Estate Firm ManagerResident Manager
Yearly salary$84,984$50,811
Hourly rate$40.86$24.43
Growth rate3%3%
Number of jobs12,56717,468
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 48%
Average age4848
Years of experience66

Real estate firm manager vs resident manager salary

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

Real Estate Firm ManagerResident Manager
Average salary$84,984$50,811
Salary rangeBetween $61,000 And $116,000Between $31,000 And $82,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Westinghouse Appliances Australia
Best paying industry-Internet

Differences between real estate firm manager and resident manager education

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

Real Estate Firm ManagerResident Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Real estate firm manager vs resident manager demographics

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

Real Estate Firm ManagerResident Manager
Average age4848
Gender ratioMale, 56.0% Female, 44.0%Male, 39.6% Female, 60.4%
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, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate firm manager and resident 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.

Resident manager example responsibilities.

  • Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
  • Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
  • Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
  • Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
  • Experience in Onesite system software.
  • Collect and post rent into YARDI.
  • Show more

Real estate firm manager vs resident manager skills

Common real estate firm manager skills
  • Real Estate, 100%
Common resident manager skills
  • Resident Care, 10%
  • CPR, 8%
  • Medication Administration, 7%
  • Developmental Disabilities, 6%
  • Crisis Intervention, 5%
  • Property Management, 5%

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