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Real estate firm manager vs senior property manager

The differences between real estate firm managers and senior property 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 senior property manager. Additionally, a real estate firm manager has an average salary of $84,984, which is higher than the $71,867 average annual salary of a senior property manager.

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

Real estate firm manager vs senior property manager overview

Real Estate Firm ManagerSenior Property Manager
Yearly salary$84,984$71,867
Hourly rate$40.86$34.55
Growth rate3%3%
Number of jobs12,56713,475
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 64%
Average age4848
Years of experience66

Real estate firm manager vs senior property manager salary

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

Real Estate Firm ManagerSenior Property Manager
Average salary$84,984$71,867
Salary rangeBetween $61,000 And $116,000Between $46,000 And $110,000
Highest paying City-Richmond, CA
Highest paying state-Washington
Best paying company-Albemarle
Best paying industry-Professional

Differences between real estate firm manager and senior property manager education

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

Real Estate Firm ManagerSenior Property Manager
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Real estate firm manager vs senior property manager demographics

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

Real Estate Firm ManagerSenior Property Manager
Average age4848
Gender ratioMale, 56.0% Female, 44.0%Male, 41.9% Female, 58.1%
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, 8.9% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate firm manager and senior property 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.

Senior property manager example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Use advance Yardi skills to process accounts receivable/payable, review budget reports, and analyze performance reports.
  • Ensure that all building systems, electrical, plumbing, HVAC, and fire systems are property maintain and service.
  • Coordinate the transition of the accounting process moving from JD Edwards to Yardi, and the subsequent reconciliation of tenant accounts.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  • Show more

Real estate firm manager vs senior property manager skills

Common real estate firm manager skills
  • Real Estate, 100%
Common senior property manager skills
  • Property Management, 16%
  • Portfolio, 12%
  • Real Estate, 11%
  • Yardi, 5%
  • Property Inspections, 5%
  • Construction Projects, 4%

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