Show me the money...

What are typical property manager salaries? Do some companies pay a lot more for this position than others? What does a top earner make in this field?

What skills should you learn to increase your salary?

Janell, $45,000 is low in New York City. It depends on where you work.

I work at Man-tra-con a place where we help people look for jobs, do resumes, and schooling [if they are appcabale]. I am interested my self in doing property managing and have persons here that need jobs. I have a resume if needed. I am 56 and still in good health. I do bookkeeping, accounting and cleaning. Do you places in Wolf Lake?
Thank you for your time,
Donna Stice.

Salaries in the property management range from 45K to over 125K per year depending on your skills base.
I have been involved in property management and my average earnings are 75K per year.
If I were willing to take on a larger community my pay would go up considerably.

Top earners can make over 140K per year

The highest earnings are in self managed condos
next is commercial properties
than rental communities
Do not expect to walk into a job making 50K and up from the get go.
You have to have experience, knowledge of various software, knowledge of many different things
the more you know the more you earn

Earnings are also Location based. If you're in Florida your earnings will most likely be much higher than in many other large cities. Mid-size cities will be even lower. Small cities even lower.

Try: www.salary.com
Enter your zip code or the zip you want to work in.

And dont' let any company or industry fool you.
In any business, if you are required to pay for anything out of pocket to be able to do the job:

Take the Gross Earnings ($15. per hr or 100K per year) - expenses out of pocket = Net Earnings (Actual earnings)...

You are not even earning $15. per hour (or 100K per year) if you are at all required to pay for any supplies or anything required for being able to do the job.

As you notice above the higher earning range is in Florida.

Dallas, ummm, maybe 45 - 50K for a Manager. Regional Manager increases bo $15K - 30K (lucky range).

$30 K for a ordinary property isn't that unusual as their is still a FEMALE pay range disparity.

Property Management can often be equated in pay to "Women's Jobs".... although it does take a lot of work!

Generally people outside of the industry have no concept of how much laborous work & mental work is required to run a property at A+ level. The respect from the general public is not there.... because they think it's easy & mentally categorize it as a secretary. It's not at all.

Host said: What are typical property manager salaries? Do some companies pay a lot more for this position than others? What does a top earner make in this field?

What skills should you learn to increase your salary?

What is the REGIONAL MANAGER OR AREA MANAGER PAY in other cities/ your city?

What cities are the best for over 37 Professional single adults?

I've seen rankings on singles cities but they usually revolved around colleges and under 30 crowds.

I'm looking for a new career/job preferably with a strong stable company in a warm great city with Professional muture singles. Any suggestions?

Earnings in Frisco, Texas said: As you notice above the higher earning range is in Florida.

Dallas, ummm, maybe 45 - 50K for a Manager. Regional Manager increases bo $15K - 30K (lucky range).

$30 K for a ordinary property isn't that unusual as their is still a FEMALE pay range disparity.

Property Management can often be equated in pay to "Women's Jobs".... although it does take a lot of work!

Generally people outside of the industry have no concept of how much laborous work & mental work is required to run a property at A+ level. The respect from the general public is not there.... because they think it's easy & mentally categorize it as a secretary. It's not at all.

You are so right, I think some people think, we sit all day doing nothing, and have it made, there is so much more then people can imagine, to be a good manager.

Dragon in Pompano Beach, Florida said: Salaries in the property management range from 45K to over 125K per year depending on your skills base.
I have been involved in property management and my average earnings are 75K per year.
If I were willing to take on a larger community my pay would go up considerably.

Is it required to have a real license in Florida, for Property Management?

looking for work, you name it I can do it,

The pay ranges for Property Managers in Florida is substantially higher than in most other parts of the US.
Try: www.salary.com
In Dallas, TX the pay is closer to 30 - 45 K. In smaller towns it's lower. In Oklahoma it is on the lower end. You'd have to have a huge property to get higher than that.

When I disclosed to a corporate VP that I'd worked in Property Management for 6 years in the past but had been working in Strategic Sales in the last couple of years, he ask me 5 times how much I'd earned until I answered. My pay in Strategic sales was much higher than the avg. pay for a Manager here. My purpose for seeking a property mgt position is to not travel by plane as I have a family. I explained this to no avail. Immediately upon disclosing my "range of earnings" the interview ended.

Susanne said: Is it required to have a real license in Florida, for Property Management?

Yes, you have to be licensed,attend a 18 hour classroom course, pass the state exam with a score of 75%. You have to take updates in a certain period of time. Good Luck,

dstice in duquoin, Illinois said: I work at Man-tra-con a place where we help people look for jobs, do resumes, and schooling [if they are appcabale]. I am interested my self in doing property managing and have persons here that need jobs. I have a resume if needed. I am 56 and still in good health. I do bookkeeping, accounting and cleaning. Do you places in Wolf Lake?
Thank you for your time,
Donna Stice.

Donna Try www.condospecialties.biz and see what they have

What cities are the best for over 37 Pro in Frisco, Texas said: What cities are the best for over 37 Professional single adults?

I've seen rankings on singles cities but they usually revolved around colleges and under 30 crowds.

I'm looking for a new career/job preferably with a strong stable company in a warm great city with Professional muture singles. Any suggestions?

Pensacola Florida, West Palm Beach, Naples Tampa

Earnings in Frisco, Texas
Where are you getting your info, salary.com is backward and antiquated as they depend on people like us to provide the numbers.
I can state emphatically I have see salaries in New York state over 125K, Boston, 125+K, Houston 90K+, OHIO 90+k, Washington state 100K, it is not the location as much as the skill levels of the person and the criteria of the position.
There are plenty of jobs in the lower 30 and 40K range if your willing to accept them, Our career I feel is one of the most difficult and unrecognized, we are abused by the homeowners, the one you sent a violations letter to this year will become a board member just to fire you next year, we are crapped on by both the community and the company if you work for one.
I myself will only work self managed communities, my salary is in the 70's, Yes I am licensed in the state of Florida, however I am well seasoned and experienced.
Texas get a reality check, if you want he big bucks you gotta work for them.[ not being nasty Please, just stating the facts, need help, try condospecialties.biz, maybe they can help

Hey Frisco in Texas
Here are some examples of real jobs with real salaries:
Portfolio Community Association Manager Positions
ARIZONA 45k Portfolio: Location: Phoenix area.
45k Portfolio: Location: Phoenix area.
To 48k Portfolio: Location: Tucson.
CALIFORNIA, NORTHERN To 75k – Portfolio: Location: Richmond and East Bay
To 55k+ -- Portfolio: Location: Redwood City, CA.
Walnut Creek, CA. Campbell, CA.
To 50k -- Portfolio: Location: San Jose, CA.
To 55k -- Portfolio: Location: Sacramento, CA. San Rafael, CA.
CALIFORNIA, SOUTHERN
SAN BERNARDINOTo 55k -- Portfolio: Location: Corona, CA.
LOS ANGELES AREATo 50k -- Portfolio: Location: Cerritos, CA
To 53k -- Portfolio: Location: Culver City, CA
ORANGE COUNTY, CATo 60k -- Portfolio: Location: Irvine, CA.
To 53k -- Portfolio: Location: Mission Viejo, CA.
To 50k -- Portfolio: Location: S. Orange County, CA. To 55k -- Portfolio: Location: Santa Ana, CA.
RIVERSIDE COUNTYTo 55k -- Portfolio: Location: Temecula, CA.
To 55k -- Location: Hemet/Temecula area.
SAN DIEGO AREA
To 75k – Sr. Community Mgr.. San Diego.
To 60k -- Portfolio: Location: San Diego, CA.
To 60k -- Portfolio: Location: San Diego, CA.
To 48k -- Portfolio: Location: Carlsbad, CA.
To 50k -- Portfolio: Location: Oceanside, CA.
VENTURA COUNTY:To 55k -- Portfolio: Location: 1000 Oaks, CA.
FLORIDA To 75k base salary + commission
HAWAII
To 50k – Portfolio with some supervisory duties on Maui.
NEVADA: To 55k -- Portfolio: Location: Las Vegas, NV.
To 45k -- Portfolio: Location: Las Vegas, NV.
To 48k -- Portfolio: Location: Las Vegas, NV .
To 40K -- Portfolio: Location Reno, NV.
OREGON.To 45k -- Portfolio: Location: Portland.
To 42k -- Portfolio: Location: Portland/Vancouver.
TEXAS To 55k – This Company will pay a moving stipend! Portfolio: Location: Houston, TX
To 45k – Portfolio: Location: San Antonio, TX
To 48k -- Portfolio: Location: Dallas, TX.

Here are on site positions
CALIFORNIA
To 105k+ - Coachella Valley (Palm Springs area
To 90k – Coachella Valley (Palm Springs area),
To 100k – Hi-desert SoCal, large scale property,
To 105k – 250+ unit hi-rise, Central Orange CountyTo 85k – Master Association GM sought in Menifee, CA
To 75k – Sr. Community Mgr. for portfolio and supervisory duties. San Diego.
60-75k – Three managers needed for on site hi rises in San Diego. OPPORTUNITY TO LEARN AND GROW FOR THE RIGHT PERSON!:
To 85k + Large mgmt. firm in S. California seeks trainees
OREGON: To 80k + bonus – Portland area
WASHINGTON DC/METRO AREA: To 90k – Large mgmt. firm seeks regional manager with condominium experience.
SALES/MARKETING: To 69k to start, salary + draw – Large national banking firm specializing in HOA

Please I am not trying to offend just to demonstrate what is available to professionals in our industry Thank you!

Dear Frisco in Texas
As YOU can see the higher salaries are NOT just in Florida they are everywhere.
You need to conduct a real search, be flexible, knowledgeable, continue your education in various areas and most of all do not settle for less, YOU know your worth, You know what your willing to accept, your supposed to be a professional so go for a professional salary
We are everything from Baby sitters, shrink, ego player, accounatnt, insurance expert, lawyer, maintenance expert, landscape expert, climate control sometimes global but mostly local [lol],forecast the future and clean up after the Boards mistakes cause they did not listen to you.
So get what you deserve, if more of us did the salaries would relfect it. Some of us are and we are getting it.

I have an interview tomorrow and I have no idea what salary to ask for. I was making in the 30's as an assistant prop mgr at a company KNOWN for underpaying its employees. I have seen stats from 42-55K for 1 year experience (plus 2.5 years RE experience). I saw one median salary of $65. These numbers are all over the place! I KNOW I can make more than 40K...but how much more?

REJunkie in Fort Worth, Texas said: I have an interview tomorrow and I have no idea what salary to ask for. I was making in the 30's as an assistant prop mgr at a company KNOWN for underpaying its employees. I have seen stats from 42-55K for 1 year experience (plus 2.5 years RE experience). I saw one median salary of $65. These numbers are all over the place! I KNOW I can make more than 40K...but how much more?

Oh..BTW the interview is for a PORTFOLIO MANAGER (HOA).

www.salary.com is fairly reliable particularly since it's by zip code.

The job pay ranges, regardless of industry, vary based on the exact location you are becoming employed in.

Good Luck

SS

REJunkie in Fort Worth, Texas said: Oh..BTW the interview is for a PORTFOLIO MANAGER (HOA).

try 40 to 45K
if a lot of properties 45 to 50k

ok here I am again wanting to understand how everyone can make such great or at least average salaries and I am stuck in 1999.

I looked back on the old budgets for my property (11 + years now) and saw that the last increase in pay I got was in 2000 and not 2002 which I had previously thought. I am such a fool. I have sent out resume after resume and my esteem is getting lower and lower. I am currently a condo manager but it is primarily run like an apt community would be. You guys talk these high salaries...and I have over 20 years experience.....I have never made over $25,000. I welcome the comments to what a stupido I am. Thank you......with all respect.

Jena, You are not "stupido" at all. I was making the same thing. I was going up in pay but it never took place. So here I sit looking for a position. Good Luck, I'm sure you will do ok.

You need to tell them you are not on sale! It does seem that HOA pays better. Or commercial as well. In HOA, at my last company, who was known for being a cheapskate, admins make $30k, assist mgr (ACAM) make $35-38k, and CAM (prop mgr) make $40. And everyone left there because she did not pay. The place I just interviewed with said mgrs make 40-45k. Hope that helps! I should note that a B.A. degree was required in all of the above referenced pay scales. That's the news in Texas, anyway!

Jena said: ok here I am again wanting to understand how everyone can make such great or at least average salaries and I am stuck in 1999.

I looked back on the old budgets for my property (11 + years now) and saw that the last increase in pay I got was in 2000 and not 2002 which I had previously thought. I am such a fool. I have sent out resume after resume and my esteem is getting lower and lower. I am currently a condo manager but it is primarily run like an apt community would be. You guys talk these high salaries...and I have over 20 years experience.....I have never made over $25,000. I welcome the comments to what a stupido I am. Thank you......with all respect.

Oh, BTW, I just replied as LT in Dallas, but the other day I was REJunkie in Fort Worth. I guess it can't decide where I live.

Susanne said: Is it required to have a real license in Florida, for Property Management?

For leasing a realestate license for condo management Yes a state CAM [Community Association Manager] License
18 hour course, 9 months of waiting after you apply to the state, take the exam and wait for the license and than go to work.
cost including your books for the CAM about $650

Jena said: ok here I am again wanting to understand how everyone can make such great or at least average salaries and I am stuck in 1999.

I looked back on the old budgets for my property (11 + years now) and saw that the last increase in pay I got was in 2000 and not 2002 which I had previously thought. I am such a fool. I have sent out resume after resume and my esteem is getting lower and lower. I am currently a condo manager but it is primarily run like an apt community would be. You guys talk these high salaries...and I have over 20 years experience.....I have never made over $25,000. I welcome the comments to what a stupido I am. Thank you......with all respect.

Jenna your not stoopo you not up to date, some people equate longevity to good salaries, I have found the highest earners work the same position for two to three years and move on.
Where are you located maybe I can help

Dear Texas
I see your still touting Salary .com, I would like you to comment on my posting of the salaries related to your comments.
Also I would like to comment on the FEMALE dominant PM industry, yes your correct it is a Female dominant industry but the times are a changing. I my area the majority are male, are we speaking in regards to the condo industry or market rentals?

Salary wizard. com for Property manager

$62,738 $74,807 $89,902
HR Reported data as of January 2008
Property Manager
25th Percentile Median 75th Percentile
Fort Lauderdale, FL
$62,738 $74,807 $89,902
IMPORTANT: Your pay can be dramatically affected by compensable

Hi. I have no affiliation with Salary.com or any other similar site or organization. I've just found it helpful on a personal basis. There are are several other similar sites. Careerbuilder also has a program.

I do know people working in Florida and I do have family there too. From other prior post they have said that the pay in Florida, California and New York is much higher than most other places in the US. Of course that is more in line with the cost of living in those locations.

People in the DFW area are not making the pay ranges you've mentioned. 62K might be the pay of a Area or Regional mgr over several properties.

Property Managers pay when over a single rental properties in Dallas is about $30K - $45K tops. $55K would be an unusual situation.

Otherwise, I wish each of you good luck.

Dear Texas
I deal exclusively with Common interest communities, Condos, Hoa's Coops etc...
Nothing negative towards you Please,
We are possibly discussing different parts of the industry, the positions I listed for TX are all condo related
Wizard is the best as they ask you to place yours before you get the numbers that way their system is up to date, also Unemployment has salary trends which are also up there here in Florida.
However I have seen rental managers in the mid to upper 60's
any way good luck to everyone here including you Texas

Dragon in Pompano Beach, Florida said: Salaries in the property management range from 45K to over 125K per year depending on your skills base.
I have been involved in property management and my average earnings are 75K per year.
If I were willing to take on a larger community my pay would go up considerably.

Is your company hiring I have great closing ability and 3 1/2 yrs experience

bk.foreman@hotmail.com in Omaha, Nebraska said: Is your company hiring I have great closing ability and 3 1/2 yrs experience

Dragon has his own website. condospecialites.biz

I can't find a job period!! I am been in property management for years but only have been licensed since Oct.07. No one wants a newly licensed PM no matter how long you have been in property management. Good luck!

Unemployed Property Manager in West Palm Beach, Florida said: Dragon has his own website. condospecialites.biz

I can't find a job period!! I am been in property management for years but only have been licensed since Oct.07. No one wants a newly licensed PM no matter how long you have been in property management. Good luck!

There is one open in Boca right now, 39K and micro manage Board but looking for a newbie!

You cant live in bocco or the surrounding area on 39,000 a year, after taxes you'll be lucky to pay for your gas.

Dragon, I appreciate you posting this position. I will think about it but newbie or not, I found micro manaement is not for me. Been there and one that with micro managing boards. I would be gone over with a fine tooth comb everyday. I do not have the temperment for people looking over my shoulder. I have no experience in finances so doing their budgets would be another issue with the BOD. Don't forget my area of expertise was in community violations and property inspections.

Unemployed Property Manager in West Palm Beach, Florida said: Yes, you have to be licensed,attend a 18 hour classroom course, pass the state exam with a score of 75%. You have to take updates in a certain period of time. Good Luck,

You DO NOT have to be licensed to be a property manager. If you are interested in Condo's or other "associations" you have to be, at a minimum, licensed as a Community Association Manager. If you have interest in managing apartment communities, however, you do not need any license or certification. I have been an apartment community manager in Florida for a little over 7 years now and have made very good money ($55,000+ not including year end bonuses reaching 20% of salary).

Good for you, I stand corrected! I still can't get a job. Congrats and all that good stuff. Sorry I gave misleading information but I was told I had to be licensed. My mistake = got a wet noodle?

No worries. Ironically, I was laid off at the end of January and have been searching until yesterday when I was finally offered a job. The salary is not as great as I have experienced in the past but the search is not over. I have decided to get my CAM license in an effort to boost my value, plus, I am interested in getting out of the high-paid babysitting industry that is apartment property management.

Where are you looking for work?

I'm in W.Palm Beach. Most companies here want 5 to 10 yrs. experience and speak Spanish. There was a job opening (read Dragon's postings) for a new kid on the block position but it's a micro-managing BOD. Been there and done that!! I was an assistant PM but no one wants to hear that, all they care about is how long you actually have had your license.

Dragon in Pompano Beach, Florida said: Earnings in Frisco, Texas
Where are you getting your info, salary.com is backward and antiquated as they depend on people like us to provide the numbers.
I can state emphatically I have see salaries in New York state over 125K, Boston, 125+K, Houston 90K+, OHIO 90+k, Washington state 100K, it is not the location as much as the skill levels of the person and the criteria of the position.
There are plenty of jobs in the lower 30 and 40K range if your willing to accept them, Our career I feel is one of the most difficult and unrecognized, we are abused by the homeowners, the one you sent a violations letter to this year will become a board member just to fire you next year, we are crapped on by both the community and the company if you work for one.
I myself will only work self managed communities, my salary is in the 70's, Yes I am licensed in the state of Florida, however I am well seasoned and experienced.
Texas get a reality check, if you want he big bucks you gotta work for them.[ not being nasty Please, just stating the facts, need help, try condospecialties.biz, maybe they can help

True enough, if you show that you have the knowledge and are a hard worker, you will get the salary you want. As to between a rock and a hard place, I couldn't agree more. If you work for a company you walk a tight rope between the interests of the company and those of the association, which are not necessarily the same.
By the way, salaries in South Beach, Fisher Island go up to $ 150K.

I have been a community Association (Portfolio) Manager for over 3 years now, working for a management company, whith a starting sallary at $40K with just a $2500 increase last year. Per company's contractual agreement for full management for the 12 properties (3 of which I brought in myself) totalling 374 ubits I manage, I don't think that I am on the right payscale. I don't have an assistant (accounts payables, recievable, budgeting and monthly financials are prepared at appropreate departments that handle this) and I do all other administrative work including draftinbg violation and other letters which other managers have others do for them.

I know there are managers that get more but I am not sure what I should expect, especially when I get my CCAM certs; and ideas?

I have been a community Association (Portfolio) Manager for over 3 years now, working for a management company, with a starting salary at $40K with just a $2500 increase last year. Per company's contractual agreement for full management for the 12 properties (3 of which I brought in myself) totaling 374 units I manage, I don't think that I am on the right pay scale. I don't have an assistant (accounts payables, receivable, budgeting and monthly financials are prepared at appropriate departments that handle this) and I do all other administrative work including drafting violation and other letters which other managers have others do for them.

I know there are managers that get more but I am not sure what I should expect, especially when I get my CCAM cert.; and ideas?

Working for a management company managing portfolio with three years experience your salary range would be 50K-60K - in FLorida.

barbarafernald@msn.com in Lake Arrowhead, California said: You are so right, I think some people think, we sit all day doing nothing, and have it made, there is so much more then people can imagine, to be a good manager.

Yes there is still all kinds of gender discrimination. Not only do some "Women's jobs" pay less, but they also discriminate against men, as well. For instance I was not wanted back on a temporary job as switchboard operator and receptionist, because the client did not want or was not expecting the job to be filled by a man. The temp agency took the risk by telling me this. Also in residential property management there is a kind of "Fred and Ethel" mentality whereby they expect the man to be a kind of rough and unsophisticated guy to do maintenance and security, and it is presumed that a woman is better at handling people issues.

I am happy to do both, but there is the stereotype of men- especially those who know how to take care of building and maintenance things as kind of rough, unsophisticated thugs who don't have a clue how to work with or relate to women and families.

I am sure there are plenty of those out there, but it creates a stereotype that prevents some very kind and capable men from getting those positions. There are also similar barriors that prevent women from getting techincal and other jobs such as operating heavy equipment- which does not require a heavy hand.

These things can be difficult, so you have to keep looking for a break. I was able to get a part time property management job to do both maintenance and work the front office. I have much experience in construction as well. Recently I completed my California Real Estate Broker's license, in combination with a two year real estate degree, which should help counter the assumption that a man who does "man's work" is not limited to it, and that just because a man can wield a pipe wrench does not make him an insensitive moron.

Earnings in Frisco, Texas said: As you notice above the higher earning range is in Florida.

Dallas, ummm, maybe 45 - 50K for a Manager. Regional Manager increases bo $15K - 30K (lucky range).

$30 K for a ordinary property isn't that unusual as their is still a FEMALE pay range disparity.

Property Management can often be equated in pay to "Women's Jobs".... although it does take a lot of work!

Generally people outside of the industry have no concept of how much laborous work & mental work is required to run a property at A+ level. The respect from the general public is not there.... because they think it's easy & mentally categorize it as a secretary. It's not at all.

I knew a property manager that sat at her desk.. did hear nails.. fought with her boyfriend.. was on the phone all day.. did a walk about.. and she made 35 k.