Average Real Estate Manager Salary

$77,277
Avg. SalaryShow Hourly Rate
$9,845
Bonus
$16,485
Commission
$6,000
Profit Sharing
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The average salary for a Real Estate Manager is $77,277.
10%
$47k
MEDIAN
$77k
90%
$121k
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Salary
$47k - $121k
Bonus
$2k - $20k
Profit Sharing
$507 - $20k
Commission
$1k - $52k
Total Pay
$45k - $128k
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What Do Real Estate Managers Do?

Real Estate Manager Tasks
  • Track, analyze, and prepare reports on real estate properties and packages, such as cash flows.
  • Supervise and oversee maintenance and appearance standards.
  • Ensure compliance with terms of leases, including analyzing site-specific problems.
  • Meet accounting deadlines, including project and entity level financials and taxes.

Job Satisfaction for Real Estate Manager

4.1 out of 5
(84)
Highly Satisfied
10Reviews

Popular Employer Salaries for Real Estate Manager

The top respondents for the job title Real Estate Manager are from the companies CBRE Group, Century 21 and Coldwell Banker. Reported salaries are highest at CBRE Group where the average pay is $71,246. Century 21 pays the lowest at around $57,808.

Real Estate Manager Job Listings

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What Are Popular Skills for Real Estate Managers?

Skills in Real Estate, Negotiation, Portfolio Management, Project Management and Financial Analysis are correlated to pay that is above average.

What is the Pay by Experience Level for Real Estate Managers?

An entry-level Real Estate Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $43,469 based on 8 salaries. An early career Real Estate Manager with 1-4 years of experience earns an average total compensation of $65,122 based on 98 salaries. A mid-career Real Estate Manager with 5-9 years of experience earns an average total compensation of $78,014 based on 137 salaries. An experienced Real Estate Manager with 10-19 years of experience earns an average total compensation of $83,281 based on 210 salaries. In their late career (20 years and higher), employees earn an average total compensation of $81,642.
Employees with Real Estate Manager in their job title in Chicago, Illinois earn an average of 31.7% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (31.6% more) and Houston, Texas (29.4% more). The lowest salaries can be found in Atlanta, Georgia (9.4% less) and New York, New York (5.4% less).

Years of Experience

This data is based on 570 survey responses.
Entry Level
1.4%
Early Career
17.2%
Mid Career
24.0%
Experienced
36.8%
Late Career
20.5%