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Real estate manager vs assistant community manager

The differences between real estate managers and assistant community 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 manager and an assistant community manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $40,216 average annual salary of an assistant community manager.

The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for an assistant community manager are customer service, property management, and yardi.

Real estate manager vs assistant community manager overview

Real Estate ManagerAssistant Community Manager
Yearly salary$86,874$40,216
Hourly rate$41.77$19.33
Growth rate3%3%
Number of jobs24,75117,497
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 56%
Average age4848
Years of experience66

What does a real estate manager do?

A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.

What does an assistant community manager do?

An assistant community manager is primarily responsible for overseeing the daily operations in a housing or rental property. They are also responsible for assisting incoming and outcoming tenants, maintaining an active line of communication with residents, and managing the records of employees, bills, and deposits. There are also instances when they must process payments and requests from tenants, respond to inquiries and concerns, and schedule maintenance activities. Furthermore, as an assistant manager, it is essential to perform support tasks and lead the team, all while adhering to the community's policies and regulations.

Real estate manager vs assistant community manager salary

Real estate managers and assistant community managers have different pay scales, as shown below.

Real Estate ManagerAssistant Community Manager
Average salary$86,874$40,216
Salary rangeBetween $58,000 And $129,000Between $24,000 And $66,000
Highest paying CityHartford, CTSan Francisco, CA
Highest paying stateConnecticutArizona
Best paying companyMcKinsey & Company IncU.S. Bank
Best paying industryFinanceFinance

Differences between real estate manager and assistant community manager education

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

Real Estate ManagerAssistant Community Manager
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate manager vs assistant community manager demographics

Here are the differences between real estate managers' and assistant community managers' demographics:

Real Estate ManagerAssistant Community Manager
Average age4848
Gender ratioMale, 59.2% Female, 40.8%Male, 24.3% Female, 75.7%
Race ratioBlack or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6%Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate manager and assistant community manager duties and responsibilities

Real estate manager example responsibilities.

  • Manage the submittal of all require documents for construction NTP.
  • Lead SEO efforts for primary corporate site, improving organic and paid traffic.
  • Coordinate and manage the NEPA, SHPO, FAA and FCC approval process.
  • Manage $20M budget and all fiscal functions including payroll, A/R, and A/P.
  • Manage and own the entire process from issue of RFDS to obtaining NTP from tower owner.
  • Manage leasing process of market price, tax credit, public housing programs as well as HUD apartments.
  • Show more

Assistant community manager example responsibilities.

  • Manage single family homes, condominiums, commercial condominiums, and mix use properties.
  • Manage and maintain company Instagram with fan interaction and ticket contest giveaways.
  • Process notices to vacate & manage delinquency/file evictions as necessary and associate collections activities.
  • Manage consistent method of collection activities for every client portfolio, ensuring timely payment collections.
  • Manage all site communication channels including multiple internal sites such as SharePoint and other corporate community base resources for Arizona.
  • Input in lease information and applications into OneSite.
  • Show more

Real estate manager vs assistant community manager skills

Common real estate manager skills
  • Financial Analysis, 10%
  • Property Management, 10%
  • Project Management, 8%
  • Oversight, 6%
  • Due Diligence, 6%
  • Customer Service, 6%
Common assistant community manager skills
  • Customer Service, 21%
  • Property Management, 13%
  • Yardi, 6%
  • Resident Retention, 6%
  • Phone Calls, 3%
  • Apartment Homes, 3%

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