Real Estate Development Manager Salary

The average Real Estate Development Manager in the United States can expect to rake in roughly $84K annually. In the world of Real Estate Development Managers, overall cash allowance can occasionally include more than $26K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $54K and $143K. Location is the biggest factor affecting pay for this group, followed by experience level. Job satisfaction is high and work is enjoyable for most Real Estate Development Managers. Generally, women make up less than a third of all Real Estate Development Managers who answered the questionnnaire. Most report receiving medical coverage from their employers and a majority collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$52,313 - $126,603
MEDIAN: $84,443

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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.
$52,313 - $126,603  
$999 - $25,564  
Profit Sharing
$-0.50 - $19,727  
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).
$54,042 - $142,748  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 368
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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.


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 Managers note just a narrow range of job skills. Most notably, skills in Real Estate, Project Management, Financial Analysis, and Contract Negotiation are correlated to pay that is above average. Those listing Contract Negotiation as a skill should be prepared for drastically lower pay. It is not unusual for someone who knows Financial Analysis to be familiar with Project Management as well.

Pay by Experience Level for

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

For many Real Estate Development Managers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. The average worker who claims fewer than five years of experience earns around $73K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $90K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $102K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $118K.

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Experience Affects Salaries

up arrow 29%

National Average

Skills That Affect Salaries

Project Management
up arrow 1%

National Average

Financial Analysis
up arrow 1%

Contract Negotiation
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.


22 %
78 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 68%
vision benefits Vision: 49% employee benefits None: 13%