How much does a Real Estate Manager make?
Real estate managers can expect to earn a solid salary, making it a rewarding career path. The average yearly salary for these professionals is around $115,324. This figure can vary based on several factors.
The salary for real estate managers often increases with experience and expertise. Those with less experience may start with an annual salary around $37,000. As they gain more experience, their salary can rise significantly. Managers with over 10 years of experience can earn upwards of $200,000 per year. Location and company size also play a role in determining salary. Larger firms and urban areas often offer higher salaries.
What are the highest paying cities for a Real Estate Manager?
-
San Jose, CA
Average Salary: $167,428
In San Jose, the tech industry drives the demand for real estate. Managers here work with major tech firms, providing spaces for innovation. The city offers a competitive market with strong growth opportunities.
Find Real Estate Manager jobs in San Jose, CA
-
San Francisco, CA
Average Salary: $155,153
San Francisco's real estate scene is vibrant and fast-paced. Managers here often deal with high-end properties. Working with companies like Salesforce and Airbnb offers exciting challenges and experiences.
Find Real Estate Manager jobs in San Francisco, CA
-
Los Angeles, CA
Average Salary: $132,143
Los Angeles has a diverse real estate market, from luxury homes to commercial spaces. Managers here often handle large portfolios. The city's entertainment industry provides unique real estate opportunities.
Find Real Estate Manager jobs in Los Angeles, CA
-
Seattle, WA
Average Salary: $132,033
Seattle's real estate market thrives, thanks to companies like Amazon and Microsoft. Managers here focus on both residential and commercial properties. The city's scenic beauty also adds to the appeal.
Find Real Estate Manager jobs in Seattle, WA
-
Boston, MA
Average Salary: $127,571
Boston offers a historic charm with a strong real estate market. Managers work with educational institutions and tech firms. The city's rich history adds a unique touch to real estate management.
Find Real Estate Manager jobs in Boston, MA
-
Austin, TX
Average Salary: $116,796
Austin's real estate market is booming, driven by tech companies. Managers here deal with high demand and rapid growth. The city's lively culture enhances the job experience.
Find Real Estate Manager jobs in Austin, TX
-
Chicago, IL
Average Salary: $115,427
Chicago's real estate market is diverse, with a mix of urban and suburban properties. Managers here handle large-scale projects. The city's business hub status offers numerous opportunities.
Find Real Estate Manager jobs in Chicago, IL
-
Charlotte, NC
Average Salary: $110,604
Charlotte has a growing real estate market, supported by banking and finance sectors. Managers here focus on a mix of residential and commercial properties. The city's friendly atmosphere makes it a great place to work.
Find Real Estate Manager jobs in Charlotte, NC
-
Atlanta, GA
Average Salary: $109,669
Atlanta's real estate market is dynamic and growing. Managers here work with companies in logistics and technology. The city's diverse culture provides a rich background for real estate management.
Find Real Estate Manager jobs in Atlanta, GA
-
Washington, DC
Average Salary: $107,784
Washington, DC offers a unique real estate market with a mix of government and private sectors. Managers here deal with a variety of property types. The city's political environment adds an interesting dimension to the job.
Find Real Estate Manager jobs in Washington, DC
What are the best companies a Real Estate Manager can work for?
-
Apple
Average Salary: $223,423
Apple offers exciting opportunities for Real Estate Managers in many of its locations. They manage office spaces and retail stores around the globe. With cutting-edge technology and a strong brand, Apple provides a dynamic work environment.
-
Wells Fargo
Average Salary: $194,489
At Wells Fargo, Real Estate Managers oversee branches and office buildings nationwide. This role involves ensuring locations meet standards and support the community. With a focus on stability, Wells Fargo offers solid career growth.
-
Amazon.com
Average Salary: $147,189
Amazon has a global presence with numerous warehouses and offices. Real Estate Managers here manage logistics and ensure properties are efficient. The fast-paced environment challenges and rewards managers who excel.
-
Floor & Decor
Average Salary: $134,400
Floor & Decor focuses on home improvement and design. Real Estate Managers here manage retail locations across the country. This role involves coordinating with suppliers and enhancing customer experience.
-
Walmart
Average Salary: $122,857
Walmart has thousands of stores nationwide. Real Estate Managers oversee store locations and properties. They ensure stores are running smoothly and meet customer needs. This role offers diverse opportunities and growth.
-
CBRE
Average Salary: $88,926
CBRE specializes in commercial real estate. Real Estate Managers work with offices, retail spaces, and industrial properties. They focus on leasing and property management. CBRE provides a chance to specialize in various real estate sectors.
-
Ryder System
Average Salary: $84,151
Ryder System is a logistics giant. Real Estate Managers manage their warehouse and office locations. They ensure properties are secure and efficient. This role offers stability and good career prospects.
-
Northpoint Asset Management
Average Salary: $67,974
Northpoint Asset Management focuses on commercial real estate. Real Estate Managers manage office and retail spaces. They work to improve property values and tenant satisfaction. This role is ideal for those who enjoy working with property investments.
How to earn more as a Real Estate Manager?
A Real Estate Manager has many opportunities to grow their income. The right strategy can lead to higher earnings and greater job satisfaction. With the right approach, anyone can increase their salary and benefits. Here are some key steps to take:
- Gain experience: Experience in real estate management builds expertise and raises your value to employers. Consider starting with entry-level positions and working your way up. Experience shows employers you can handle the job.
- Get certified: Certifications in real estate can help you stand out. Look for programs that offer credentials like the Certified Property Manager (CPM) or Accredited Residential Manager (ARM). These certifications show you have the skills needed to manage properties well.
- Learn new skills: Keep your skills up to date. Learn about the latest technology and trends in real estate. Attend workshops and conferences. A manager with the latest skills can manage properties more efficiently.
- Network with others: Building a professional network can lead to new job opportunities. Join real estate groups and attend industry events. Talking with other managers can help you find new job openings and get tips on how to earn more.
- Seek promotions: Look for chances to move up within your company. Managers who show they can handle bigger jobs may get a raise. Always aim to take on new challenges and prove your worth.
By following these steps, a Real Estate Manager can increase their earnings and job satisfaction. Gaining experience, getting certified, learning new skills, networking, and seeking promotions all help a manager earn more.
