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The differences between real estate managers and property management assistants 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 a property management assistant. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $34,826 average annual salary of a property management assistant.
The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for a property management assistant are customer service, property management, and real estate.
| Real Estate Manager | Property Management Assistant | |
| Yearly salary | $86,874 | $34,826 |
| Hourly rate | $41.77 | $16.74 |
| Growth rate | 3% | 3% |
| Number of jobs | 24,751 | 69,316 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 57% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
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.
Property management assistants are professionals who are responsible for providing support functions to the management team that handles residential or commercial properties. These assistants are required to interview prospective residents while helping new residents with moving in while scheduling their service requests. They must prepare all the correspondence for property owners such as utility change-overs and lease contracts. Property management assistants must also collaborate with their property managers to ensure prudent rent collections from their tenants.
Real estate managers and property management assistants have different pay scales, as shown below.
| Real Estate Manager | Property Management Assistant | |
| Average salary | $86,874 | $34,826 |
| Salary range | Between $58,000 And $129,000 | Between $24,000 And $48,000 |
| Highest paying City | Hartford, CT | Scottsdale, AZ |
| Highest paying state | Connecticut | Arizona |
| Best paying company | McKinsey & Company Inc | BGC Partners |
| Best paying industry | Finance | Media |
There are a few differences between a real estate manager and a property management assistant in terms of educational background:
| Real Estate Manager | Property Management Assistant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 57% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between real estate managers' and property management assistants' demographics:
| Real Estate Manager | Property Management Assistant | |
| Average age | 48 | 48 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 27.3% Female, 72.7% |
| 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, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |