The average salary for a Real Estate Development Manager is $86,891 per year. Experience has a moderate effect on pay for this job. A skill in Business Development is associated with high pay for this job.
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$53,136 - $131,278
$53K
$87K
$130K
MEDIAN: $86,890
10%
50%
90%

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$27.50 - $47.50
$30
MEDIAN: $30
50%

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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
$53,136 - $131,278  
   
Bonus
$1,015 - $30,454  
Profit Sharing
$0.00 - $19,797  
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).
)
$54,959 - $146,895  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 366
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
$30.25  
   
Overtime
$37.50  
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
$1,015 - $30,454  
   
Commission
$2,500  
Profit Sharing
$0.00 - $19,797  
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).
)
$54,959 - $146,895  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 9

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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: $93,757

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

Related Job Salaries

Key Stats for Real Estate Development Manager

Gender

Female
28 %
Male
72 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.
Less than 1 year
2%
1-4 years
31%
5-9 years
27%
10-19 years
28%
20 years or more
13%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Real Estate Development Manager Salaries




National Average
$94,000


Skills That Affect Real Estate Development Manager Salaries

Business Development
up arrow 14%

Contractor Management
up arrow 8%

up arrow 6%

Budget Management
up arrow 6%

Real Estate
up arrow 4%

Project Management
up arrow 2%

Financial Analysis
up arrow 1%

Financial Modeling
up arrow 1%

National Average
$94,000

Construction Estimating
up arrow 17%

Contract Negotiation
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
27%
10-19 years
28%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 70%
vision benefits
Vision: 56%
dental benefits
None: 15%
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