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The median expected salary for a typical Residential Property Manager
in the United States is $52,640. This basic
market pricing report was prepared using our Certified Compensation Professionals'
analysis of survey data collected from thousands of HR departments at employers
of all sizes, industries and geographies.
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Source: HR Reported data as of May 2013
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Job Description for Residential Property Manager
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Responsible for the daily operations of one or more residential properties. Oversees sales/leasing, marketing, maintenance, and other support staff. Provides information on operating costs as well as the annual budget for the properties. May be responsible for development and implementation of programs designed to increase occupancy or lease renewal rates. May require a bachelor's degree and at least 5 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. May lead and direct the work of others. A wide degree of creativity and latitude is expected. Typically reports to top management.
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Alternate Job Titles: Residential Property Manager, Residential Property Operations Manager
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