Real Estate Manager Careers

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.

There is more than meets the eye when it comes to being a real estate manager. For example, did you know that they make an average of $36.47 an hour? That's $75,862 a year!

Between 2018 and 2028, the career is expected to grow 7% and produce 26,500 job opportunities across the U.S.

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.

When it comes to the most important skills required to be a real estate manager, we found that a lot of resumes listed 9.1% of real estate managers included financial statements, while 7.7% of resumes included property management, and 6.3% of resumes included real estate. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the real estate manager job title. But what industry to start with? Most real estate managers actually find jobs in the retail and finance industries.

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.

Choosing the right major is always an important step when researching how to become a real estate manager. When we researched the most common majors for a real estate manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on real estate manager resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a real estate manager. In fact, many real estate manager jobs require experience in a role such as property manager. Meanwhile, many real estate managers also have previous career experience in roles such as project manager or vice president.

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Average Salary
$75,862
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
16,386
Job Openings

Real Estate Manager Career Paths

Top Careers Before Real Estate Manager

Top Careers After Real Estate Manager

Real Estate Manager Jobs You Might Like

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Average Salary for a Real Estate Manager

Real Estate Managers in America make an average salary of $75,862 per year or $36 per hour. The top 10 percent makes over $134,000 per year, while the bottom 10 percent under $42,000 per year.
Average Salary
$75,862
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Best Paying Cities For Real Estate Managers

City
ascdesc
Average Salarydesc
Seattle, WA
Salary Range71k - 154k$106k$105,501
White Plains, NY
Salary Range71k - 141k$101k$100,612
Englewood, NJ
Salary Range70k - 138k$99k$98,513
Coral Gables, FL
Salary Range62k - 120k$87k$86,814
McLean, VA
Salary Range59k - 115k$83k$82,676
Denver, CO
Salary Range54k - 116k$79k$79,365
Stamford, CT
Salary Range55k - 110k$78k$78,496
Brookline, MA
Salary Range55k - 109k$78k$78,313
Chicago, IL
Salary Range54k - 110k$77k$77,288
La Porte, TX
Salary Range51k - 113k$77k$76,795
Charlotte, NC
Salary Range54k - 107k$76k$76,317
Atlanta, GA
Salary Range53k - 107k$76k$75,527
Youngstown, OH
Salary Range50k - 99k$71k$70,741
Washington, DC
Salary Range49k - 96k$69k$69,482
Chattanooga, TN
Salary Range48k - 98k$69k$69,436
Hercules, CA
Salary Range43k - 107k$68k$68,269
Minneapolis, MN
Salary Range41k - 86k$60k$60,323
Philadelphia, PA
Salary Range41k - 80k$58k$57,543
Urban Honolulu, HI
Salary Range30k - 43k$37k$36,599
$30k
$154k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Commercial Real Estate Development/Construction Manager
Blackstone Talent
08/05/2021
$120,00008/05/2021
Real Estate Manager
Ollin Reach
08/05/2021
$60,00008/05/2021
Licensed Commercial Real Estate Portfolio Manager
Burgan Real Estate
08/05/2021
$100,00008/05/2021
Real Estate Acquisitions Manager
The Windsor Companies
08/05/2021
$50,00008/05/2021
Real Estate and Workplace Solutions Principal-(Northeast)
Accenture Contractor Jobs
08/04/2021
$100,00008/04/2021
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Real Estate Manager Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Real Estate Manager. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Real Estate Manager Resume

At Zippia, we went through countless Real Estate Manager resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Real Estate Manager Resume Examples And Templates

Real Estate Manager Demographics

Gender

male

57.1 %

female

38.8 %

unknown

4.0 %

Ethnicity

White

67.0 %

Hispanic or Latino

16.4 %

Black or African American

8.6 %

Foreign Languages Spoken

Spanish

52.0 %

French

12.6 %

Portuguese

4.5 %
Show More Real Estate Manager Demographics

Real Estate Manager Education

Majors

Business
33.5 %
Finance
8.4 %

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
Show More Real Estate Manager Education Requirements

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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, 9.1% of real estate managers listed financial statements on their resume, but soft skills such as communication skills and listening skills are important as well.

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 Washington, New York, New Jersey, and Maine. Real estate managers make the most in Washington with an average salary of $100,915. Whereas in New York and New Jersey, they would average $99,107 and $97,236, respectively. While real estate managers would only make an average of $94,962 in Maine, 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. New York

Total Real Estate Manager Jobs:
1,269
Highest 10% Earn:
$177,000
Location Quotient:
1.35
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Jersey

Total Real Estate Manager Jobs:
738
Highest 10% Earn:
$174,000
Location Quotient:
1.27
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Florida

Total Real Estate Manager Jobs:
1,258
Highest 10% Earn:
$150,000
Location Quotient:
1.1
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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 $87,269. McDonald's follows up with an average salary of $78,593, and then comes Sprint with an average of $93,224. 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 AmerisourceBergen, Dell, and Cigna

1. CBRE Group
4.8
Avg. Salary: 
$87,269
Real Estate Managers Hired: 
183+
2. McDonald's
4.3
Avg. Salary: 
$78,593
Real Estate Managers Hired: 
64+
3. Sprint
4.5
Avg. Salary: 
$93,224
Real Estate Managers Hired: 
56+
4. AT&T
4.7
Avg. Salary: 
$95,530
Real Estate Managers Hired: 
49+
5. Verizon Communications
4.7
Avg. Salary: 
$95,815
Real Estate Managers Hired: 
40+
6. Wells Fargo
4.7
Avg. Salary: 
$83,072
Real Estate Managers Hired: 
27+

Real Estate Manager Videos

Updated August 18, 2021