Real Estate Development Manager Salary

A Real Estate Development Manager earns an average salary of $86,039 per year. Experience has a moderate effect on pay for this job. People in this job generally don't have more than 20 years' experience.
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$53,217 - $127,125
(Median)
$53K
$86K
$130K
MEDIAN: $86,039
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$53,217 - $127,125  
   
Bonus
$973 - $25,630  
Profit Sharing
$500 - $20,000  
Commission
$6,750  
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).
)
$54,882 - $143,689  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 440
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Job Description for Real Estate Development Manager

The real estate development manager oversees the day-to-day operations for a real estate development. Additionally, they are responsible for the continued growth and development of the company. Most of the time, a manager provides excellent customer service to develop relationships with current and potential clients; this includes answering queries, responding to complaints, and ensuring clients are satisfied. At times, the real estate development manager must forecast new trends in the ever-changing real estate market. They also need basic accounting skills to handle the budgeting aspect of this role; they must successfully develop and manage department and/or project budgets.

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Real Estate Development Manager Tasks

  • Review sites to assess costs and needed steps for zoning, local ordinances, and acceptability.
  • Write recommendations for how to proceed with various properties, neighborhoods and strategies.
  • Analyze existing economic, demographic, market, and environmental variables to identify areas for expansion.

Real Estate Development Manager Job Listings

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Popular Skills for Real Estate Development Manager

Pay by Experience Level for Real Estate Development Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: $92,955

Larger city markers indicate a job is popular in that location.

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Experience Affects Real Estate Development Manager Salaries

Late-Career
up arrow 28%



National Average
$93,000


Skills That Affect Real Estate Development Manager Salaries


Financial Modeling
up arrow 7%

Budget Management
up arrow 3%

Project Management
up arrow 2%

Financial Analysis
up arrow 1%

National Average
$93,000

Design
up arrow 15%

Contract Negotiation
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
1%
1-4 years
27%
5-9 years
32%
10-19 years
27%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 67%
medical benefits
Vision: 49%
dental benefits
None: 15%
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