How Much Do Real Estate Property Manager Make?
How much do real estate property manager make? Discover the average salary, base salary, and compensation for real estate property manager in the real estate category. Learn about real estate property manager pay per hour, per week, per month, and per annum with detailed salary ranges from $45,000 to $75,000.
How Much Do Real Estate Property Manager Make? Complete Salary Guide
How much do real estate property manager make? This is one of the most common questions in career planning. Real Estate Property Manager in the Real Estate field can expect to earn an average salary of $80,000 per year, with entry-level positions starting at $45,000 and experienced professionals earning up to $75,000 annually.
When breaking down the average salary of real estate property manager by time periods, real estate property manager typically make around $6,666.667 per month and approximately $1,538.462 per week. The basic salary of real estate property manager varies significantly based on experience level, location, and industry specialization. Entry-level real estate property manager typically start with a base salary of $45,000, while mid-career professionals earn an average of $75,000, and senior-level roles can command salaries exceeding $75,000.
The salary landscape for real estate property manager is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do real estate property manager make in a week? On average, this translates to approximately $1,538.462 per week. How much do real estate property manager make per annum? The annual salary range spans from $40,000 to $100,000, with the median salary sitting at $80,000. Additionally, many real estate property manager receive bonuses averaging $10,000 annually, representing approximately 10.25% of their base salary.
How Much Do Real Estate Property Manager Get Paid Per Annum? Real Estate Property Manager Salary
Annual salary data for real estate property manager across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Real Estate Property Manager Get Paid in a Month? Real Estate Property Manager Monthly Salary
Monthly salary breakdowns for real estate property manager at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Real Estate Property Manager Get Paid in Different Locations?
Geographic salary variations for real estate property manager across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Real Estate Property Manager Salary Trends
Historical salary progression for real estate property manager over the past years, showing year-over-year compensation growth and market trends in the industry.
Real Estate Property Manager Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Real Estate Property Managers are typically awarded based on performance metrics, occupancy rates, tenant satisfaction, and financial success.
Average Bonus
annually
Commission
A Real Estate Property Manager may receive commissions or incentives based on leasing activity, tenant retention, or property performance, enhancing their overall earnings potential.
Overtime
Overtime pay for Real Estate Property Managers is generally uncommon, as many are salaried employees exempt from overtime regulations, depending on their job duties and state laws.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for a Real Estate Property Manager include health insurance, retirement plans like 401(k), paid time off (PTO), professional development opportunities, flexible work schedules, and performance bonuses.
Real Estate Property Manager Job Overview
Comprehensive details about the real estate property manager role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
A Real Estate Property Manager oversees residential or commercial properties, ensuring optimal operation and tenant satisfaction. Responsibilities include rent collection, maintenance coordination, lease agreements, and financial reporting. They act as a liaison between property owners and tenants, maximizing property value while maintaining compliance with regulations and fostering positive community relationships.
Primary Responsibilities
Property maintenance oversight, tenant screening and selection, lease management, rent collection, financial reporting and budgeting, property marketing and advertising, handling tenant complaints and disputes, conducting property inspections, ensuring compliance with laws and regulations, coordinating repairs and renovations.
Day-to-Day Tasks
A Real Estate Property Manager oversees property maintenance, coordinates tenant communications, conducts inspections, manages leasing agreements, handles financial reporting, and ensures compliance with regulations while maximizing property value and tenant satisfaction.
Work Environment
Hybrid
Real Estate Property Managers typically work in offices, overseeing properties, interacting with tenants, conducting inspections, and managing maintenance requests.
Physical Demands
Moderate
Real Estate Property Managers often work in various environments, requiring mobility for property inspections, occasional lifting of materials, and flexibility to manage on-site tenant issues.
Real Estate Property Manager Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a real estate property manager, including educational background, certifications, and experience requirements.
Education
Bachelor’s degree.
Field: Real Estate, Business Administration, Property Management, Finance, Urban Planning, Economics, Marketing, Construction Management, Hospitality Management.
Experience
5 years
Employers seek experience in property management, strong communication skills, knowledge of real estate laws, financial acumen, tenant relations expertise, and proficiency in property management software for effective operations.
Certifications
Real Estate License, Property Management Certification, Certified Property Manager (CPM), Accredited Residential Manager (ARM), National Apartment Leasing Professional (NALP), Real Estate Broker License, Fair Housing Certification, OSHA Safety Certification.
Required Skills
Communication skills, problem-solving abilities, organizational skills, negotiation skills, financial management, customer service orientation, knowledge of property laws and regulations, attention to detail.
Technical Skills
Soft Skills
Real Estate Property Manager Career Path
Professional progression opportunities for real estate property manager from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Leasing Consultant, Property Management Assistant, Real Estate Analyst.
Early-career Real Estate Property Managers oversee property operations, handle tenant relations, manage maintenance requests, ensure lease compliance, and assist in financial reporting and budgeting.
Mid-Career
Property Management Assistant, Leasing Consultant, Facilities Coordinator
Mid-career Real Estate Property Managers oversee property operations, tenant relations, maintenance coordination, financial management, lease negotiations, and compliance with regulations to maximize property value and satisfaction.
Senior Management
Director of Property Management, Senior Real Estate Asset Manager, Regional Property Manager
Senior Real Estate Property Managers oversee property operations, financial performance, tenant relations, maintenance coordination, budgeting, compliance, and strategic planning to maximize asset value and occupancy rates.
Career Progression Timeline
Timeline: 5 years
A Real Estate Property Manager typically progresses from entry-level roles to senior management positions, gaining expertise in property operations, tenant relations, and financial oversight along the way. Advancement often leads to directorships or specialized real estate sectors.
Real Estate Property Manager Industry & Growth
Market outlook and growth prospects for real estate property manager, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Faster than average
Projected: 2024–2034
Industry Trends
Increased adoption of technology and property management software, growing emphasis on sustainability and eco-friendly practices, rising demand for remote property management services.
Growth Factors
Rising rental markets, complex regulations, tenant expectations, property maintenance needs, investor demand, and technology integration are driving increased demand for Real Estate Property Managers.
Future Opportunities
Smart home integration, virtual reality tours, AI-driven property management, sustainable building practices, and blockchain for transactions are creating new opportunities for property managers.
Real Estate Property Manager Related Professions
Alternative career paths and similar roles for real estate property manager, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Real Estate Property Manager Skills & Development
Essential skills and professional development resources for real estate property manager, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Real Estate Property Manager Salary
Common questions and answers about pursuing a career as a real estate property manager, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become a real estate property manager?
A bachelor’s degree in business or a related field, along with relevant certifications such as CPM or RMP.
How do real estate property managers get paid?
They typically earn a salary plus bonuses based on performance, and some may charge management fees for services provided.
What is the average salary of a real estate property manager?
The average salary ranges from $50,000 to $100,000 per year, depending on experience and location.
Is prior experience required to become a real estate property manager?
While not always mandatory, prior experience in property management or related fields is highly beneficial.
What education is recommended for aspiring real estate property managers?
A degree in business administration, finance, or real estate can be advantageous for career advancement.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.