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The differences between real estate managers and facilities managers 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 manager, becoming a facilities manager takes usually requires 1-2 years. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $69,850 average annual salary of a facilities manager.
The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for a facilities manager are customer service, facility maintenance, and HVAC.
| Real Estate Manager | Facilities Manager | |
| Yearly salary | $86,874 | $69,850 |
| Hourly rate | $41.77 | $33.58 |
| Growth rate | 3% | 7% |
| Number of jobs | 24,751 | 13,167 |
| Job satisfaction | - | 4.75 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 54% |
| Average age | 48 | 50 |
| Years of experience | 6 | 2 |
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.
A Facilities Manager has different responsibilities depending on the line of work or industry. However, most of the time, they specialize in ensuring that the building or work area is in good condition and adheres to its policies and regulations. A facility manager's duties can also involve maintaining the amenities to ensure that they are up to standards, handle budgets, manage the space accommodation, create reports, and offer recommendations when necessary. Furthermore, they supervise the maintenance, parking, and security aspects while coordinating with the personnel in charge.
Real estate managers and facilities managers have different pay scales, as shown below.
| Real Estate Manager | Facilities Manager | |
| Average salary | $86,874 | $69,850 |
| Salary range | Between $58,000 And $129,000 | Between $45,000 And $108,000 |
| Highest paying City | Hartford, CT | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a real estate manager and a facilities manager in terms of educational background:
| Real Estate Manager | Facilities Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Stanford University |
Here are the differences between real estate managers' and facilities managers' demographics:
| Real Estate Manager | Facilities Manager | |
| Average age | 48 | 50 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 76.9% Female, 23.1% |
| Race ratio | Black 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, 10.1% Unknown, 4.3% Hispanic or Latino, 13.9% Asian, 4.3% White, 66.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 5% |