Transaction Manager, Real Estate Salary

For Real Estate Transaction Managers, annual average wages total $65K per year. The most influential factor affecting pay for this group is geography, though the company and years of experience have a (lesser) impact as well. Female Real Estate Transaction Managers survey participants are more prevalent than men — 68 percent of professionals. Nearly one in three of professionals in this line of work do not receive benefits; however, a majority report medical coverage and more than half claim dental coverage as well. Most Real Estate Transaction Managers like their work and job satisfaction is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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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 lower than the top payer.

Popular Skills for Transaction Manager, Real Estate


Real Estate Transaction Managers generally report applying a varied skill set 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. Organizing, on the other hand, is typically associated with much lower pay. Those educated in Contract Negotiation tend to be well versed in Negotiation.

Pay by Experience Level for Transaction Manager, Real Estate

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


For many Real Estate Transaction Managers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Those in the early stages of their career can expect to make around $45K; however, individuals with five to 10 years of experience bring in $66K on average — a distinctly larger sum. After working for 10 to 20 years, Real Estate Transaction Managers make a median salary of $75K. Survey participants who have worked for more than two decades report bringing in $94K on average.

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 will also find cushy salaries in Los Angeles (+69 percent), Seattle (+45 percent), San Francisco (+41 percent), and Philadelphia (+36 percent). Real Estate Transaction Managers in Tampa make 41 percent less than the national average, proving that location is a major factor in pay. Employers pay around 14 percent less in Nashville and 13 percent less in Phoenix, below-median salaries for those in this field.

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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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