Property Management Supervisor Salary
Property Management Supervisors in the United States tend to be well-versed in their field, and just below three-fifths have more than 10 years of experience. Average salary is expected to be around $52K per year, but may range from $35K to $76K per year. In the world of Property Management Supervisors, overall income ranges from $35K near the bottom to $76K at the top; this can include more than $8K from bonuses in exceptional cases. Geographic location and career duration each impact pay for this group, with the former having the largest influence. While some workers in this profession — nearly one in three — do not have any health coverage, more than half do receive medical benefits and around half have dental insurance. Most Property Management Supervisors survey respondents are women (75 percent). For the most part, Property Management Supervisors enjoy their work and report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
|Salary||$32,285 - $76,962|
|Bonus||$0.00 - $12,164|
|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).)
|$34,836 - $75,239|
|Hourly Rate||$14.00 - $29.26|
|Overtime||$20.86 - $52.22|
|Bonus||$0.00 - $12,164|
|Total Pay (||$34,836 - $75,239|
Job Description for Property Management Supervisor
Property management supervisors are generally responsible for managing and supervising properties for an organization and using a personal computer as a main tool to communicate with clients, tenants, and other staff, as well as research market trends and prepare expense reports. They may also help facilitate negotiations and prepare property contracts.Read More...
Property management supervisors typically hire contractors to make improvements to properties, and they must always follow strict privacy guidelines to respect clients' confidentiality. Multitasking skills are important in this position to participate in a variety of management projects, and they should also be able to motivate property management professionals to reach company objectives in a timely manner. They usually report their progress to a property management vice president within the organization, and they're also tasked with overseeing property reviews and verifying that they possess all attributes offered to the buyer before the transaction is completed.
These supervisors typically work in an office environment during regular weekly business hours, and they also assist in property inspections, report problems to technical personnel, create budgets, and present financial documents for tax purposes. They also show properties when ready to lease, coordinate move-out dates, and approve restoration efforts as necessary. They should work effectively in a team setting, but also on their own with minimal supervision, and they usually participate in company meetings to suggest new ways to market properties and provide training to new staff members.
A bachelor's degree is generally required for this position, and relevant prior experience is highly beneficial. Industry certifications are also helpful. (Copyright 2017 PayScale.com)
Property Management Supervisor Tasks
- Manage properties and their associated maintenance, including reporting on budgets.
- Coordinate repairs, tax documentation, tenant moves and other projects.
- Document and ensure adherence to zoning and other regulations.
- Visit and confirm status of properties, maintenance and repairs, including tenant satisfaction.
- Write, obtain and evaluate leases, contracts, repair/maintenance proposals, sales and purchase agreements.
Common Career Paths for Property Management Supervisor
Property Management Supervisor Job Listings
Pay by Experience Level for Property Management Supervisor
Pay by Experience for a Property Management Supervisor has a positive trend. An entry-level Property Management Supervisor with less than 5 years of experience can expect to earn an average total compensation of $48,000 based on 41 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Property Management Supervisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $49,000 based on 40 salaries. An experienced Property Management Supervisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $56,000 based on 49 salaries. A Property Management Supervisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $60,000 based on 24 salaries.
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Key Stats for Property Management Supervisor
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