Real Estate Development Manager Salary (United States)

A Real Estate Development Manager earns an average salary of $81,200 per year. Experience has a moderate effect on pay for this job.
Real Estate Development Manager Total Pay (?
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.
)
$52,364 - $125,349
(Median)
52K
81K
100K
130K
MEDIAN: $81,199
10%
50%
75%
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
$52,364 - $125,349  
   
Bonus
$996 - $25,677  
Profit Sharing
$1,939 - $15,456  
Commission
$15,500 - $42,500  
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).
)
$53,811 - $144,685  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 286
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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.

Real Estate Development Manager Job Listings

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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

Boston
up arrow 38%
New York
up arrow 29%
Seattle
up arrow 23%
Washington
up arrow 21%
Los Angeles
up arrow 21%
Atlanta
up arrow 11%
Dallas
up arrow 8%
Philadelphia
up arrow 2%
Denver
up arrow 1%
National Average
$89,000
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Real Estate Development Manager Salaries

Late-Career
up arrow 36%
Experienced
up arrow 14%
National Average
$89,000
Mid-Career
up arrow 2%
Entry-Level
up arrow 19%

Skills That Affect Real Estate Development Manager Salaries

Project Management
0%
Financial Analysis
0%
National Average
$89,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 63 votes.

Gender

Female
23%
female alumni
 
Male
77%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
35%
10-19 years
29%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 67%
vision benefits Vision: 49% employee benefits None: 12%
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