Real Estate Administrator Salary
Real Estate Administrators aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $42K per year. The majority of workers are highly satisfied with their job. Among survey respondents, women are more common than men; 85 percent of Real Estate Administrators are female. Health benefits are not enjoyed by everyone in this line of work, and close to one-half lack any coverage at all. Medical benefits are reported by nearly one-half and dental coverage is claimed by more than two-fifths. This overview is based on answers to PayScale's salary questionnaire.
Job Description for Real Estate Administrator
- Create, organize, edit and maintain property, tenant, and related documentation.
- Monitor budgets and inform property managers about available funds, creating reports for owners.
- Develop and maintain calendar for updating and tracking ongoing projects, like taxes, insurance and emergency call lists.
- Coordinate tenant and manager requests, supply needs and maintenance schedules.
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Pay by Experience Level for Real Estate Administrator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
People who have worked for fewer than five years bring home $38K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $40K. On average, Real Estate Administrators make $39K following one to two decades on the job. Old hands who claim more than two decades on the job enjoy average earnings of $44K.