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Real estate management specialist vs apartment manager

The differences between real estate management specialists 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 management specialist and an apartment manager. Additionally, a real estate management specialist has an average salary of $93,166, which is higher than the $40,520 average annual salary of an apartment manager.

The top three skills for a real estate management specialist include customer service, customer satisfaction and residential real estate. The most important skills for an apartment manager are property management, evictions, and bank deposits.

Real estate management specialist vs apartment manager overview

Real Estate Management SpecialistApartment Manager
Yearly salary$93,166$40,520
Hourly rate$44.79$19.48
Growth rate3%3%
Number of jobs74,67510,867
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 37%
Average age4848
Years of experience66

Real estate management specialist vs apartment manager salary

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

Real Estate Management SpecialistApartment Manager
Average salary$93,166$40,520
Salary rangeBetween $66,000 And $130,000Between $23,000 And $70,000
Highest paying CityBaltimore, MD-
Highest paying stateConnecticut-
Best paying companyGoogle-
Best paying industryFinance-

Differences between real estate management specialist and apartment manager education

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

Real Estate Management SpecialistApartment Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 37%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate management specialist vs apartment manager demographics

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

Real Estate Management SpecialistApartment Manager
Average age4848
Gender ratioMale, 46.2% Female, 53.8%Male, 32.7% Female, 67.3%
Race ratioBlack or African American, 8.8% Unknown, 4.1% Hispanic or Latino, 17.1% Asian, 5.3% White, 64.0% 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 management specialist and apartment manager duties and responsibilities

Real estate management specialist example responsibilities.

  • Elevate IP awareness lead to increase in invention disclosures and improve cross-functional relationships.
  • Develop relationships with landlords, gaining substantial rental leads contributing to positive occupancy percentages.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Establish and maintain automated and manual accounting records, posts receipts utilizing MAXIMO database.
  • Apply extensive knowledge of construction to estimate writing and review of contractor quotes via Xactimate.
  • Provide lease interpretation to USPS staff, and act as liaison between landlords, facility managers, postmasters and design/construction staff.
  • Show more

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 management specialist vs apartment manager skills

Common real estate management specialist skills
  • Customer Service, 48%
  • Customer Satisfaction, 31%
  • Residential Real Estate, 3%
  • Lead Management, 2%
  • Property Management, 2%
  • Real Estate Transactions, 1%
Common apartment manager skills
  • Property Management, 8%
  • Evictions, 7%
  • Bank Deposits, 5%
  • Rent Collection, 5%
  • Background Checks, 5%
  • Yardi, 5%

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