Resident manager vs acquisitions manager

The differences between resident managers and acquisitions 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 resident manager and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $50,811 average annual salary of a resident manager.

The top three skills for a resident manager include resident care, CPR and medication administration. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.

Resident manager vs acquisitions manager overview

	Resident Manager	Acquisitions Manager
Yearly salary	$50,811	$97,768
Hourly rate	$24.43	$47.00
Growth rate	3%	3%
Number of jobs	17,468	9,054
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 71%
Average age	48	48
Years of experience	6	6

What does a resident manager do?

A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

What does an acquisitions manager do?

Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.

Resident manager vs acquisitions manager salary

Resident managers and acquisitions managers have different pay scales, as shown below.

	Resident Manager	Acquisitions Manager
Average salary	$50,811	$97,768
Salary range	Between $31,000 And $82,000	Between $65,000 And $145,000
Highest paying City	New York, NY	Hartford, CT
Highest paying state	New York	Connecticut
Best paying company	Westinghouse Appliances Australia	McKinsey & Company Inc
Best paying industry	Internet	Professional

Differences between resident manager and acquisitions manager education

There are a few differences between a resident manager and an acquisitions manager in terms of educational background:

	Resident Manager	Acquisitions Manager
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Resident manager vs acquisitions manager demographics

Here are the differences between resident managers' and acquisitions managers' demographics:

	Resident Manager	Acquisitions Manager
Average age	48	48
Gender ratio	Male, 39.6% Female, 60.4%	Male, 64.6% Female, 35.4%
Race ratio	Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%	Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between resident manager and acquisitions manager duties and responsibilities

Resident manager example responsibilities.

Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
Experience in Onesite system software.
Collect and post rent into YARDI.

Acquisitions manager example responsibilities.

Manage and coordinate creation of all HOA documents and set-up.
Lead media strategy to acquire Facebook data and grow company's first social lead pool
Lead paid acquisition marketing efforts to achieve user volume, quality and ROI goals within budgets.
Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
Compose RFP responses to new business inquiries.
Represent program to OSD staff, i.e.

Resident manager vs acquisitions manager skills

Common resident manager skills

Resident Care, 10%
CPR, 8%
Medication Administration, 7%
Developmental Disabilities, 6%
Crisis Intervention, 5%
Property Management, 5%

Common acquisitions manager skills

Due Diligence, 9%
Project Management, 7%
Digital Marketing, 7%
PowerPoint, 4%
Mergers, 4%
Excellent Interpersonal, 4%

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Resident Manager
Resident Manager vs Acquisitions Manager

Updated January 8, 2025

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