15 Manager Real Estate Jobs That Pay an Average of $110,000

Property management, real estate development, and brokerage are just a few of the many areas in the real estate industry that offer rewarding career opportunities for individuals seeking management roles. According to the National Association of Realtors (NAR), the median annual salary for real estate managers is $110,000, making it a lucrative field for those with the right skills and experience.

Key Findings

• The real estate industry is expected to grow by 4% from 2022 to 2032, faster than the average for all occupations.
• The median annual salary for real estate managers is $110,000, with the top 10% earning more than $180,000.
• There are a variety of management roles available in the real estate industry, including property management, real estate development, and brokerage.
• The most common educational requirement for real estate managers is a bachelor's degree in real estate or a related field.
• Real estate managers typically need to have several years of experience in the industry before they can qualify for management positions.

4 Common Types of Manager Real Estate Jobs

1. Property Manager

Property managers are responsible for the day-to-day operations of residential and commercial properties. They handle tasks such as collecting rent, marketing vacancies, and maintaining the property. In 2022, the median annual salary for property managers was $58,560, with the top 10% earning more than $100,000.

2. Real Estate Developer

Real estate developers identify and acquire land, secure financing, and oversee the construction of new buildings or the renovation of existing structures. They work closely with architects, engineers, and contractors to bring their projects to life. In 2022, the median annual salary for real estate developers was $88,870, with the top 10% earning more than $160,000.

3. Real Estate Broker

Real estate brokers facilitate the sale or purchase of real estate. They represent buyers or sellers, negotiate contracts, and oversee the closing process. In 2022, the median annual salary for real estate brokers was $55,140, with the top 10% earning more than $110,000.

4. Real Estate Investment Manager

Real estate investment managers invest in real estate on behalf of clients. They research and analyze the market, select properties, and manage the investments. In 2022, the median annual salary for real estate investment managers was $110,000, with the top 10% earning more than $180,000.

Table 1: Median Annual Salary for Real Estate Managers by Job Title

How to Become a Real Estate Manager

The most common educational requirement for real estate managers is a bachelor's degree in real estate or a related field. However, some employers may also accept candidates with experience in the industry. In addition to a bachelor's degree, real estate managers typically need to have several years of experience in the industry before they can qualify for management positions.

Step-by-Step Approach

1. Obtain a bachelor's degree in real estate or a related field.
2. Gain experience in the real estate industry.
3. Develop your management skills.
4. Network with other real estate professionals.
5. Apply for management positions.

Tips and Tricks

• Get involved in industry organizations.
• Attend industry conferences and trade shows.
• Stay up-to-date on the latest real estate trends.
• Build a strong network of contacts.
• Be persistent.

Common Mistakes to Avoid

• Not getting a college degree.
• Not having enough experience in the industry.
• Not developing your management skills.
• Not networking with other real estate professionals.
• Giving up too easily.

Conclusion

Real estate management is a rewarding career path for individuals with the right skills and experience. The industry is expected to grow in the coming years, creating new opportunities for qualified managers. If you are interested in a career in real estate, consider pursuing a bachelor's degree in real estate or a related field and gaining experience in the industry. With hard work and dedication, you can achieve your goal of becoming a successful real estate manager.

Table 2: Top 5 Educational Institutions for Real Estate Managers

Table 3: 10 Largest Real Estate Companies in the United States

Table 4: 5 Real Estate Trends to Watch in 2023