The average salary for a Real Estate Development Manager is $92,725.
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$56k - $148k
$3k - $36k
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$58k - $171k
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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-ch…Read more
Real Estate Development Manager Tasks
- Analyze existing economic, demographic, market, and environmental variables to identify areas for expansion.
- Write recommendations for how to proceed with various properties, neighborhoods and strategies.
- Review sites to assess costs and needed steps for zoning, local ordinances, and acceptability.
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Popular Skills for Real Estate Development Manager
Skills in Real Estate, Financial Modeling and Design are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis and Project Management.
Pay by Experience Level for Real Estate Development Manager
An entry-level Real Estate Development Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $65,000 based on 10 salaries. An early career Real Estate Development Manager with 1-4 years of experience earns an average total compensation of $74,947 based on 264 salaries. A mid-career Real Estate Development Manager with 5-9 years of experience earns an average total compensation of $90,998 based on 246 salaries. An experienced Real Estate Development Manager with 10-19 years of experience earns an average total compensation of $115,563 based on 243 salaries. In their late career (20 years and higher), employees earn an average total compensation of $125,167.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Real Estate Development Manager in their job title in San Francisco, California earn an average of 30.4% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (18.1% more) and Denver, Colorado (10.4% more). The lowest salaries can be found in Atlanta, Georgia (7.8% less) and Chicago, Illinois (1.7% less).
Years of Experience
This data is based on 870 survey responses.
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