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Resident manager vs regional property manager

The differences between resident 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 resident manager and a regional property manager. Additionally, a regional property manager has an average salary of $79,788, 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 regional property manager are property management, portfolio, and customer service.

Resident manager vs regional property manager overview

Resident ManagerRegional Property Manager
Yearly salary$50,811$79,788
Hourly rate$24.43$38.36
Growth rate3%3%
Number of jobs17,46835,266
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 63%
Average age4848
Years of experience66

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 regional property manager do?

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.

Resident manager vs regional property manager salary

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

Resident ManagerRegional Property Manager
Average salary$50,811$79,788
Salary rangeBetween $31,000 And $82,000Between $56,000 And $113,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkConnecticut
Best paying companyWestinghouse Appliances AustraliaD.R. Horton
Best paying industryInternetProfessional

Differences between resident manager and regional property manager education

There are a few differences between a resident manager and a regional property manager in terms of educational background:

Resident ManagerRegional Property Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Resident manager vs regional property manager demographics

Here are the differences between resident managers' and regional property managers' demographics:

Resident ManagerRegional Property Manager
Average age4848
Gender ratioMale, 39.6% Female, 60.4%Male, 41.0% Female, 59.0%
Race ratioBlack 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, 9.5% Unknown, 4.2% Hispanic or Latino, 16.2% Asian, 5.5% White, 64.0% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between resident manager and regional property 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.
  • Show more

Regional property manager example responsibilities.

  • Manage a portfolio of 11 walk-up and high-rise condominiums and cooperatives (275 units).
  • Manage all site communication channels including multiple internal sites such as SharePoint and other corporate community base resources for Arizona.
  • Maximize the operating efficiency and financial performance of the portfolio by developing strategic plans for enhance performance.
  • Monitor LIHTC files for accuracy and compliance.
  • Draft corrective and conveyance deeds if necessary to correct foreclosure deed.
  • Work with all type of insurance companies including Medicare & Medicaid.
  • Show more

Resident manager vs regional property manager skills

Common resident manager skills
  • Resident Care, 10%
  • CPR, 8%
  • Medication Administration, 7%
  • Developmental Disabilities, 6%
  • Crisis Intervention, 5%
  • Property Management, 5%
Common regional property manager skills
  • Property Management, 14%
  • Portfolio, 13%
  • Customer Service, 8%
  • Real Estate, 7%
  • Yardi, 6%
  • Financial Performance, 5%

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