Real Estate Development Manager Salary

A Real Estate Development Manager earns an average salary of $81,762 per year. Experience has a moderate effect on pay for this job.
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$51,889 - $126,041
(Median)
$52K
$82K
$130K
MEDIAN: $81,761
10%
50%
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
$51,889 - $126,041  
   
Bonus
$974 - $24,987  
Profit Sharing
$-0.50 - $19,866  
Commission
$5,896 - $30,521  
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).
)
$53,345 - $140,134  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 343
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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.

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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.

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Experience Affects Real Estate Development Manager Salaries

Late-Career
up arrow 33%

Experienced
up arrow 15%

National Average
$88,000


Entry-Level
up arrow 19%

Skills That Affect Real Estate Development Manager Salaries

Real Estate
up arrow 7%

Project Management
0%

National Average
$88,000

Financial Analysis
up arrow 1%

Contract Negotiation
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 56 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
34%
10-19 years
26%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 68%
vision benefits Vision: 49% employee benefits None: 11%
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