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Real Estate Development Manager Salary

A Real Estate Development Manager earns an average salary of $80,215 per year. Experience has a moderate effect on pay for this job. People in this job generally don't have more than 20 years' experience.
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$51,487 - $124,450
(Median)
$51K
$80K
$120K
MEDIAN: $80,215
10%
50%
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
$51,487 - $124,450  
   
Bonus
$989 - $25,277  
Profit Sharing
$0.00 - $15,319  
Commission
$7,370 - $35,608  
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).
)
$53,043 - $138,496  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 298
United States (change)

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.

Related Job Salaries

Experience Affects Real Estate Development Manager Salaries

Late-Career
up arrow 29%

Experienced
up arrow 13%

National Average
$87,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 20%

Skills That Affect Real Estate Development Manager Salaries

National Average
$87,000

Project Management
up arrow 1%

Financial Analysis
up arrow 2%

Job Satisfaction

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

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
1%
1-4 years
23%
5-9 years
33%
10-19 years
31%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 65%
vision benefits Vision: 48% employee benefits None: 12%