Transaction Manager, Real Estate Salary

The average Real Estate Transaction Manager in the United States can expect to rake in roughly $65K annually. Earnings for this group are mostly affected by geographic location, followed by the specific employer and experience level. Job satisfaction is high and work is enjoyable for most Real Estate Transaction Managers. There are more female Real Estate Transaction Managers who answered the questionnaire than male, making up 68 percent. Health benefits are not enjoyed by everyone in this line of work, and nearly one in three lack any coverage at all. Medical benefits are reported by the greater part and dental coverage is claimed by the larger part. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$35,023 - $118,936
(Median)
$35K
$65K
$120K
MEDIAN: $64,538
10%
50%
90%

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$12.46 - $23.35
(Median)
$12
$15
$23
MEDIAN: $15.00
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
$35,023 - $118,936  
   
Bonus
$1,454 - $20,868  
Profit Sharing
$9,000  
Commission
$1,192 - $30,639  
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).
)
$30,353 - $129,072  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 261
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
$12.46 - $23.35  
   
Overtime
$30.00  
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
$1,454 - $20,868  
   
Commission
$1,192 - $30,639  
Profit Sharing
$9,000  
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).
)
$30,353 - $129,072  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 75
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Job Description for Transaction Manager, Real Estate

Real estate transaction managers oversee all real estate transactions on behalf of their organization. They are in charge of organizing and resolving legal and financial matters related to these real estate activities, as well as provide support to staff to ensure that transactions are performed according to credit-related agreements. Some of the real estate transaction manager's main functions also include monitoring liabilities, serving as the first point of contact for credit executives and bank associates, and interact with real estate professionals, bank associates, and legal counsel as needed.

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Transaction Manager, Real Estate Tasks

  • Evaluate potential real estate contracts, propose changes, and negotiate deals that are beneficial to the company.
  • Manage transactions to timely completion and file all required documentation and paperwork.
  • Coordinate transactions for leases, purchases, expansions, and subleases for company's real estate portfolio.
  • Identify real estate purchases that serve overall corporate strategy and work financially within the company budget.

Transaction Manager, Real Estate Job Listings

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Popular Employer Salaries for Transaction Manager, Real Estate


Considering that the median salary at Re/Max Real Estate is a shallow $37K, it is not surprising that this employer ranks last in compensation relative to (and far behind) other companies in the same line of work — their median pay is 161 percent less than the top paying company.

Popular Skills for Transaction Manager, Real Estate


Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Financial Analysis, Contract Negotiation, and Negotiation are correlated to pay that is significantly above average, leading to increases of 99 percent, 29 percent, and 20 percent, respectively. Those listing Organizing as a skill should be prepared for drastically lower pay. Most people who know Contract Negotiation also know Negotiation.

Pay by Experience Level for Transaction Manager, Real Estate

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


Real Estate Transaction Managers generally obtain higher compensation for more plentiful past experience. Although individuals who have less than five years' experience earn $45K on average, people with five to 10 years benefit from a notably larger average of $66K. The average pay reported by folks with 10 to 20 years of experience is around $75K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $94K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Pay Difference by Location

National Average: $60,995

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

New York is home to an above-average pay rate for Real Estate Transaction Managers, 127 percent higher than the national average. Real Estate Transaction Managers can also look forward to large paychecks in cities like Los Angeles (+69 percent), Seattle (+45 percent), San Francisco (+41 percent), and Philadelphia (+36 percent). Real Estate Transaction Managers' salaries are heavily influenced by location — Real Estate Transaction Managers in Tampa bring in salaries that are 41 percent lower than the national average. Employers in Nashville and Phoenix also lean toward paying below-median salaries (14 percent lower and 13 percent lower, respectively).

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Experience Affects Transaction Manager, Real Estate Salaries




National Average
$61,000


Skills That Affect Transaction Manager, Real Estate Salaries

Financial Analysis
up arrow 99%




National Average
$61,000

Real Estate
up arrow 1%

Organizing
up arrow 41%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
1%
1-4 years
28%
5-9 years
27%
10-19 years
29%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 59%
medical benefits
Vision: 50%
dental benefits
None: 33%
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