Real estate managers are responsible for working with owners of properties directly to plan and execute the overall plan of management of the properties. As a real estate manager, your duties depend on the type of estate and the demands of your employer. One of your major duties is to supervise staff. Every employee working on the estate is to report directly to you as you are the direct link between owner and staff. Also, you are to review performance quarterly and also discuss how to improve.

Being a real estate manager also involves overseeing all the various systems that keep a large estate smooth and running. This includes the yearly budget, employees' schedules, and management of payroll. While some employers may accept a candidate with a bachelor's degree in business, most employers prefer a candidate with a master's degree in real estate management. You must possess good management, leadership, and technical skills, earning an average of $75,862 annually.

What Does a Real Estate Manager Do

There are certain skills that many real estate managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, listening skills and customer-service skills.

Learn more about what a Real Estate Manager does

How To Become a Real Estate Manager

If you're interested in becoming a real estate manager, one of the first things to consider is how much education you need. We've determined that 68.6% of real estate managers have a bachelor's degree. In terms of higher education levels, we found that 12.4% of real estate managers have master's degrees. Even though most real estate managers have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Real Estate Manager

Real Estate Manager Career Paths

Average Salary for a Real Estate Manager

Real Estate Managers in America make an average salary of $86,874 per year or $42 per hour. The top 10 percent makes over $129,000 per year, while the bottom 10 percent under $58,000 per year.
Average Real Estate Manager Salary
$86,874 Yearly
$41.77 hourly
$58,000
10 %
$86,000
Median
$129,000
90 %

What Am I Worth?

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How To Become a Real Estate Manager
How To Become a Real Estate Manager Career Overview

States With The Most Real Estate Manager Jobs

Mouse over a state to see the number of active real estate manager jobs in each state. The darker areas on the map show where real estate managers earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Real Estate Manager Jobs By State

RankStateNumber of JobsAverage Salary
1California2,468$92,606
2Texas1,302$77,810
3New York1,269$104,445
4Florida1,258$69,879
5Massachusetts1,174$93,567
6Pennsylvania1,134$78,692
7Illinois860$83,933
8New Jersey738$98,999
9Ohio654$93,942
10Virginia642$84,521
11Georgia641$61,397
12Arizona634$82,018
13Michigan619$80,783
14Tennessee530$63,168
15Maryland507$78,387
16North Carolina467$88,977
17Iowa440$72,919
18Connecticut438$108,194
19Indiana420$73,419
20Washington414$101,465
21Alabama404$68,789
22Colorado374$71,529
23Missouri339$71,302
24Kentucky300$75,265
25Minnesota287$78,131
26Oregon273$98,290
27South Carolina270$62,812
28Wisconsin224$75,534
29Arkansas164$64,160
30Kansas154$67,315
31Delaware148$83,974
32Utah141$72,849
33New Hampshire140$82,724
34Nebraska133$70,918
35Nevada114$86,513
36Rhode Island97$95,486
37Louisiana87$73,233
38Oklahoma68$68,610
39New Mexico65$75,254
40Vermont53$91,063
41Hawaii45$77,217
42Maine43$87,038
43Mississippi42$69,644
44Idaho40$82,415
45Alaska37$81,923
46West Virginia37$76,407
47Montana30$82,418
48North Dakota16$75,149
49South Dakota11$74,122
50Wyoming6$72,442

Real Estate Manager Education

Real Estate Manager Majors

33.5 %
8.4 %

Real Estate Manager Degrees

Bachelors

68.6 %

Masters

12.4 %

Associate

11.2 %

Top Colleges for Real Estate Managers

1. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

5. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

6. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

9. Arizona State University

Tempe, AZ • Private

In-State Tuition
$10,822
Enrollment
42,529

10. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

Top Skills For a Real Estate Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 10.0% of real estate managers listed financial analysis on their resume, but soft skills such as communication skills and listening skills are important as well.

Choose From 10+ Customizable Real Estate Manager Resume templates

Zippia allows you to choose from different easy-to-use Real Estate Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Real Estate Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Real Estate Manager Resume
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Real Estate Manager Resume
Real Estate Manager Resume
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Real Estate Manager Resume
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Real Estate Manager Resume
Real Estate Manager Resume

Real Estate Manager Demographics

Real Estate Manager Gender Distribution

Male
Male
59%
Female
Female
41%

After extensive research and analysis, Zippia's data science team found that:

  • Among real estate managers, 40.8% of them are women, while 59.2% are men.

  • The most common race/ethnicity among real estate managers is White, which makes up 67.3% of all real estate managers.

  • The most common foreign language among real estate managers is Spanish at 52.0%.

Work Experience Programs For Real Estate Managers

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Introduction to Accenture Program

Company: Accenture UK

Cost: Free

Duration: 5-6 hours

Wealth Management Program

Company: Goodbody

Cost: Free

Duration: 5-6 hours

Cyber Security Management Program

Company: ANZ Australia

Cost: Free

Duration: 5-6 hours

Venture Capital Program

Company: H2 Ventures

Cost: Free

Duration: 5-6 hours

Infrastructure, Construction & Property Program

Company: MinterEllison

Cost: Free

Duration: 2-3 hours

Commercial Law Program

Company: Orrick USA

Cost: Free

Duration: 5-6 hours

Public Health Policy & Management Program

Company: Australasian Society for HIV, Viral Hepatitis and Sexual Health Medicine

Cost: Free

Duration: 5-6 hours

Asset Management Program

Company: JPMorgan Chase

Cost: Free

Duration: 5-6.5 hours

Global Banking & Markets Program

Company: HSBC

Cost: Free

Duration: 5-6 hours

Digital Transformation Program

Company: BCG

Cost: Free

Duration: 5-6 hours

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Best States For a Real Estate Manager

Some places are better than others when it comes to starting a career as a real estate manager. The best states for people in this position are Connecticut, New York, Washington, and New Jersey. Real estate managers make the most in Connecticut with an average salary of $108,194. Whereas in New York and Washington, they would average $104,445 and $101,465, respectively. While real estate managers would only make an average of $98,999 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Connecticut

Total Real Estate Manager Jobs:
438
Highest 10% Earn:
$163,000
Location Quotient:
1.8

2. New York

Total Real Estate Manager Jobs:
1,269
Highest 10% Earn:
$158,000
Location Quotient:
1.35

3. New Jersey

Total Real Estate Manager Jobs:
738
Highest 10% Earn:
$149,000
Location Quotient:
1.27
Full List Of Best States For Real Estate Managers

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Top Real Estate Manager Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ real estate managers and discovered their number of real estate manager opportunities and average salary. Through our research, we concluded that CBRE Group was the best, especially with an average salary of $68,908. T-Mobile US follows up with an average salary of $65,488, and then comes McDonald's with an average of $55,527. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a real estate manager. The employers include Twitter, Yum! Brands, and Verizon Communications

Most Common Employers For Real Estate Manager

RankCompanyAverage SalaryHourly RateJob Openings
1Accenture$133,899$64.3734
2Ernst & Young$125,958$60.5618
3AT&T$106,957$51.4250
4Family Dollar$96,954$46.6114
5Walgreens$93,091$44.7615
6Walmart$92,820$44.6324
7U.S. Bank$88,706$42.6541
8JPMorgan Chase & Co.$84,883$40.8125
9Wells Fargo$83,437$40.1137
10Safeway$82,107$39.4714

Real Estate Manager Videos