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Real estate management specialist vs assistant property manager

The differences between real estate management specialists and assistant 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 management specialist and an assistant property manager. Additionally, a real estate management specialist has an average salary of $93,166, which is higher than the $44,338 average annual salary of an assistant property 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 assistant property manager are customer service, property management, and yardi.

Real estate management specialist vs assistant property manager overview

Real Estate Management SpecialistAssistant Property Manager
Yearly salary$93,166$44,338
Hourly rate$44.79$21.32
Growth rate3%3%
Number of jobs74,67513,736
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 52%
Average age4848
Years of experience66

What does a real estate management specialist do?

A real estate management specialist is in charge of developing strategies to optimize real estate operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around overseeing the real estate operations, supervising staff, devising strategies to reach out to potential tenants, and liaising with contractors and other external parties. They may also participate in conducting risk assessments, evaluating lease applications, performing inspections, and producing progress reports and presentations. Furthermore, as a real estate management specialist, it is essential to coordinate with teams and implement the company's policies and regulations.

What does an assistant property manager do?

An assistant property manager's role is to manage rental properties. One of their primary responsibility is to devise strategies on attracting potential tenants by posting advertisements in various platforms, conducting viewing appointments and tours, responding to inquiries and issues, receiving and gathering applicants' requirements, and evaluating every application. An assistant property anager also has the responsibility of collecting payments, managing the building's maintenance and upkeep, including its units, and coordinating with tenants for any concerns or issues.

Real estate management specialist vs assistant property manager salary

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

Real Estate Management SpecialistAssistant Property Manager
Average salary$93,166$44,338
Salary rangeBetween $66,000 And $130,000Between $29,000 And $66,000
Highest paying CityBaltimore, MDSeattle, WA
Highest paying stateConnecticutWashington
Best paying companyGoogleIlitch Holdings
Best paying industryFinanceFinance

Differences between real estate management specialist and assistant property manager education

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

Real Estate Management SpecialistAssistant Property Manager
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate management specialist vs assistant property manager demographics

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

Real Estate Management SpecialistAssistant Property Manager
Average age4848
Gender ratioMale, 46.2% Female, 53.8%Male, 25.9% Female, 74.1%
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, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate management specialist and assistant property 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

Assistant property manager example responsibilities.

  • Create and manage all marketing ads on websites (Craigslist, Facebook) using various design layouts monthly.
  • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Process applications & re-certifications in accordance with LIHTC & corporate compliance requirements.
  • Collect and post rents into YARDI system, and make daily deposits.
  • Post gross potential rent entries, and generate related reports in YARDI.
  • Show more

Real estate management specialist vs assistant property 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 assistant property manager skills
  • Customer Service, 21%
  • Property Management, 17%
  • Yardi, 8%
  • Rent Payments, 4%
  • Resident Relations, 4%
  • Bank Deposits, 4%

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