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The differences between real estate managers and regional property 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 a regional property manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $79,788 average annual salary of a regional property manager.
The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for a regional property manager are property management, portfolio, and customer service.
| Real Estate Manager | Regional Property Manager | |
| Yearly salary | $86,874 | $79,788 |
| Hourly rate | $41.77 | $38.36 |
| Growth rate | 3% | 3% |
| Number of jobs | 24,751 | 35,266 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 63% |
| 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.
A regional property manager is in charge of overseeing the maintenance and operations of commercial and residential properties in a particular area, ensuring efficiency and smooth workflow. Their responsibilities include setting goals and objectives, coordinating with staff, managing budgets and schedules, producing progress reports and presentations for the executives, and resolving issues promptly and efficiently. Furthermore, a regional property manager spearheads the efforts put into advertising properties for potential clients, approving applications, and terminating leases, all while implementing the company's policies and regulations.
Real estate managers and regional property managers have different pay scales, as shown below.
| Real Estate Manager | Regional Property Manager | |
| Average salary | $86,874 | $79,788 |
| Salary range | Between $58,000 And $129,000 | Between $56,000 And $113,000 |
| Highest paying City | Hartford, CT | New York, NY |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | McKinsey & Company Inc | D.R. Horton |
| Best paying industry | Finance | Professional |
There are a few differences between a real estate manager and a regional property manager in terms of educational background:
| Real Estate Manager | Regional Property Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 63% |
| 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 regional property managers' demographics:
| Real Estate Manager | Regional Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 41.0% Female, 59.0% |
| 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, 9.5% Unknown, 4.2% Hispanic or Latino, 16.2% Asian, 5.5% White, 64.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |