The average salary for a Real Estate Development Manager is $96,941.
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What Do Real Estate Development Managers Do?
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.
Job Satisfaction for Real Estate Development Manager
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Real Estate Development Manager
Real Estate Development Manager (Commerc...
Vice President (VP), Real Estate Acquisi...
Somewhat common (8 - 20%)
Real Estate Development Manager Job Listings
What Are Popular Skills for Real Estate Development Managers?
Skills in Real Estate, Financial Modeling and Strategic Project Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis and Project Management.
What is the Pay by Experience Level for Real Estate Development Managers?
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 $61,844 based on 8 salaries. An early career Real Estate Development Manager with 1-4 years of experience earns an average total compensation of $78,212 based on 222 salaries. A mid-career Real Estate Development Manager with 5-9 years of experience earns an average total compensation of $96,490 based on 243 salaries. An experienced Real Estate Development Manager with 10-19 years of experience earns an average total compensation of $118,498 based on 229 salaries. In their late career (20 years and higher), employees earn an average total compensation of $124,161.
Pay Difference by Location
Employees with Real Estate Development Manager in their job title in San Francisco, California earn an average of 31.7% more than the national average. These job titles also find higher than average salaries in New York, New York (15.5% more) and Washington, District of Columbia (14.7% more). The lowest salaries can be found in Atlanta, Georgia (8.2% less).
Years of Experience
This data is based on 787 survey responses.