Resident manager vs real estate agent

The differences between resident managers and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, 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 a real estate agent are customer service, real estate license, and excellent interpersonal.

Resident manager vs real estate agent overview

	Resident Manager	Real Estate Agent
Yearly salary	$50,811	$91,788
Hourly rate	$24.43	$44.13
Growth rate	3%	5%
Number of jobs	17,468	41,399
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 59%
Average age	48	49
Years of experience	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 a real estate agent do?

A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.

Resident manager vs real estate agent salary

Resident managers and real estate agents have different pay scales, as shown below.

	Resident Manager	Real Estate Agent
Average salary	$50,811	$91,788
Salary range	Between $31,000 And $82,000	Between $66,000 And $126,000
Highest paying City	New York, NY	Long Beach, NY
Highest paying state	New York	West Virginia
Best paying company	Westinghouse Appliances Australia	Santa Clara Valley Water District
Best paying industry	Internet	Finance

Differences between resident manager and real estate agent education

There are a few differences between a resident manager and a real estate agent in terms of educational background:

	Resident Manager	Real Estate Agent
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Southern California	-

Resident manager vs real estate agent demographics

Here are the differences between resident managers' and real estate agents' demographics:

	Resident Manager	Real Estate Agent
Average age	48	49
Gender ratio	Male, 39.6% Female, 60.4%	Male, 43.4% Female, 56.6%
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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	12%	13%

Differences between resident manager and real estate agent 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.

Real estate agent example responsibilities.

Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
Create ad campaigns via Google ad-words and Facebook.
Determine whether title transfers are assessable for taxation.
Learn all phases of real estate ethics, practice and procedures.
Review and analyze corporate leases, securities offerings, and secure transactions.

Resident manager vs real estate agent skills

Common resident manager skills

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

Common real estate agent skills

Customer Service, 15%
Real Estate License, 11%
Excellent Interpersonal, 10%
Real Estate Market, 10%
Open Houses, 7%
Develop Marketing Materials, 6%

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Resident Manager
Resident Manager vs Real Estate Agent

Updated January 8, 2025

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