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The differences between real estate management specialists and specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a real estate management specialist, becoming a specialist takes usually requires 1-2 years. Additionally, a real estate management specialist has an average salary of $93,166, which is higher than the $58,013 average annual salary of a specialist.
The top three skills for a real estate management specialist include customer service, customer satisfaction and residential real estate. The most important skills for a specialist are patients, customer service, and work ethic.
| Real Estate Management Specialist | Specialist | |
| Yearly salary | $93,166 | $58,013 |
| Hourly rate | $44.79 | $27.89 |
| Growth rate | 3% | 10% |
| Number of jobs | 74,675 | 358,433 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 49% |
| Average age | 48 | 42 |
| Years of experience | 6 | 2 |
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.
Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.
Real estate management specialists and specialists have different pay scales, as shown below.
| Real Estate Management Specialist | Specialist | |
| Average salary | $93,166 | $58,013 |
| Salary range | Between $66,000 And $130,000 | Between $32,000 And $104,000 |
| Highest paying City | Baltimore, MD | Jersey City, NJ |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | The Citadel | |
| Best paying industry | Finance | - |
There are a few differences between a real estate management specialist and a specialist in terms of educational background:
| Real Estate Management Specialist | Specialist | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Stanford University |
Here are the differences between real estate management specialists' and specialists' demographics:
| Real Estate Management Specialist | Specialist | |
| Average age | 48 | 42 |
| Gender ratio | Male, 46.2% Female, 53.8% | Male, 47.5% Female, 52.5% |
| Race ratio | Black 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, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 12% | 11% |