Real Estate Asset Manager Salary (United States)

A typical Real Estate Asset Manager in the United States can expect to take home roughly $77,297 per year. The pay spectrum stretches from $45,521 to $134,502 per year. Including potential for bonuses, profit sharing and commission—peaking near $29K, $25K, and $49K, respectively—total cash payment to Real Estate Asset Managers can bottom out near $44,947 or peak near $114,953. Geographic location and career duration each impact pay for this group, with the former having the largest influence. The majority in this profession are lucky enough to receive benefits; most get medical and dental insurance, and more than half get vision plans, too. Work is enjoyable for the better half of Real Estate Asset Managers who claim high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
Real Estate Asset Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$44,947 - $114,953
(Median)
45K
56K
73K
91K
110K
MEDIAN: $73,017
10%
25%
50%
75%
90%
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Real Estate Asset Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.58 - $31.29
(Median)
13
16
23
31
MEDIAN: $18.00
10%
25%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$44,947 - $114,953  
   
Bonus
$1,008 - $29,029  
Profit Sharing
$500 - $24,566  
Commission
$204.26 - $48,936  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,521 - $134,502  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 751
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$12.58 - $31.29  
   
Overtime
$16.37 - $44.19  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$1,008 - $29,029  
   
Commission
$204.26 - $48,936  
Profit Sharing
$500 - $24,566  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,521 - $134,502  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 40
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Job Description for Real Estate Asset Manager

Real estate asset managers leads a team of analysts and colleagues to optimize the company’s handling real estate assets. They work extensively with property management and residential development personnel on all issues related to their organization's assets. Generally speaking, this position is considered a supervisory job with staff underneath the manager that require training and guidance. Day-to-day tasks consist of meetings about strategies, planning for future projects, and assessment of current properties. Regular communication with lawyers, managers, architects, brokers, construction foremen, and others is required in this role.
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Real Estate Asset Manager Tasks
  • Manage real estate assets held in trusts, estates, and agency accounts.
  • Locate prospective sites, negotiate contracts, provide lease abstracts and develop a proposed budget for real estate assets.
  • Assess options and opportunities to maximize return on real estate investments.

Real Estate Asset Manager Job Listings

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Popular Skills for Real Estate Asset Manager

Real Estate Asset Managers report a narrow range of specific skills. Those familiar with Financial Analysis, Project Management and Real Estate will likely experience a boost in pay, earning 13 percent, 7 percent, and 7 percent above the national average, respectively. The majority of those who know Financial Analysis also know Project Management.

Pay by Experience Level for Real Estate Asset Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many but not all Real Estate Asset Managers, a key factor in salary decisions is experience; more experience generally yields higher pay. Starting at around $64K, salaries see a boost to $83K after five to 10 years. Compensation is $88K after 10 to 20 years. Earnings jump to six figures only after two decades in the field, and these experienced workers make around $88K. Experienced employees who have 10-20 years of experience make up 25 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 2 percent, and senior people with more than 20 years under their belt fill out the remaining 13 percent. One to nine years of experience is standard for most employees in this area; a majority of respondents fit between this range.

Pay Difference By Location

San Francisco
up arrow 62%
up arrow 28%
Chicago
up arrow 13%
Washington
up arrow 13%
Atlanta
up arrow 4%
National Average
$77,000
Dallas
up arrow 1%
Houston
up arrow 12%
San Diego
up arrow 15%
Larger circles over a city indicate a job is popular in that location.
For those looking to make money, Real Estate Asset Managers in San Francisco enjoy an exceptional pay rate, 62 percent above the national average. New York, Washington, Chicago, and Atlanta are a few other cities that offer generous salaries, with Real Estate Asset Managers earning around 28 percent, 13 percent, 13 percent, and 4 percent more than average. Falling short of the national average by 15 percent, the area with the worst salaries is San Diego. Houston and Dallas are a couple other places where companies are known to pay below the median—salaries hover around -12 percent and -1 percent, respectively.

Related Job Salaries

Experience Affects Real Estate Asset Manager Salaries

National Average
$77,000

Skills That Affect Real Estate Asset Manager Salaries

National Average
$77,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 239 votes.

Gender

Female
34%
female alumni
 
Male
66%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
34%
10-19 years
25%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 75%
vision benefits Vision: 55% employee benefits None: 13%
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