What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Real Estate Development Manager Salary

Real Estate Development Managers in the United States can expect wages of $81K annually on average. Cash earnings for Real Estate Development Managers — which occasionally include more than $25K from bonuses and more than $20K from profit sharing — stretch from around $53K to approximately $138K. Career length is the biggest factor affecting pay for this group, followed by geography. Most report receiving medical coverage from their employers and more than half collect dental insurance. The majority of Real Estate Development Managers claim high levels of job satisfaction. Generally, women make up less than a third of all Real Estate Development Managers who answered the questionnnaire. This report is based on answers to PayScale's salary questionnaire.
Read More
$51,369 - $124,975
(Median)
$51K
$81K
$120K
MEDIAN: $81,054
10%
50%
90%

Add this chart to your site: 640px    300px

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
$51,369 - $124,975  
   
Bonus
$503 - $24,987  
Profit Sharing
$0.00 - $20,000  
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).
)
$52,807 - $138,386  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 331
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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

Search for more jobs:

Popular Skills for Real Estate Development Manager


Real Estate Development Managers usually report a few specific skills. Most notably, skills in Real Estate, Project Management, Financial Analysis, and Contract Negotiation are correlated to pay that is above average. At the other end of the pay range are skills like Contract Negotiation. Employees educated in Financial Analysis are typically practiced in Project Management, too.

Pay by Experience Level for Real Estate Development Manager

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. The average worker who claims fewer than five years of experience earns around $70K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $84K. On average, Real Estate Development Managers make $100K following one to two decades on the job. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $117K on average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Real Estate Development Manager Salaries

Late-Career
up arrow 35%

Experienced
up arrow 15%

National Average
$86,000


Entry-Level
up arrow 19%

Skills That Affect Real Estate Development Manager Salaries

Real Estate
up arrow 7%

Project Management
0%

Financial Analysis
0%

National Average
$86,000

Contract Negotiation
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
33%
10-19 years
27%
20 years or more
13%

Common Health Benefits

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