Real Estate Development Manager Salary

The average salary for a Real Estate Development Manager is $87,837 per year. Experience has a moderate effect on pay for this job. The skills that increase pay for this job the most are Business Development and Budget Management.
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$53,288 - $136,524
$53K
$88K
$140K
MEDIAN: $87,837
10%
50%
90%

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$15.21 - $59.18
$15
$31
$59
MEDIAN: $30.83
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
$53,288 - $136,524  
   
Bonus
$1,526 - $31,071  
Profit Sharing
$0.00 - $17,934  
Commission
$2,500  
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).
)
$55,034 - $149,798  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 369
National Hourly Rate 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$25$50$75
Hourly Rate
$15.21 - $59.18  
   
Overtime
$48.75  
National Annualized 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
Bonus
$1,526 - $31,071  
   
Commission
$2,500  
Profit Sharing
$0.00 - $17,934  
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).
)
$55,034 - $149,798  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 11

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United States (change)

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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

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

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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: $94,899

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

Related Job Salaries

Key Stats for Real Estate Development Manager

Gender

Female
27 %
Male
73 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.
Less than 1 year
1%
1-4 years
31%
5-9 years
26%
10-19 years
29%
20 years or more
13%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Real Estate Development Manager Salaries

▲40%

▲16%

▲2%

National Average
$95,000

▼21%

Skills That Affect Real Estate Development Manager Salaries

Business Development
▲13%

Budget Management
▲10%

Contractor Management
▲7%

▲4%

▲3%




National Average
$95,000

Microsoft Excel
▼14%

Contract Negotiation
▼18%

Construction Estimating
▼21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
1%
1-4 years
31%
5-9 years
26%
10-19 years
29%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 70%
vision benefits
Vision: 58%
dental benefits
None: 15%
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