How much does a Vice President of Residential Property Management make hourly in the United States? The average hourly wage for a Vice President of Residential Property Management in the United States is $90 as of December 28, 2020, but the range typically falls between $77 and $106. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
Has overall responsibility for a significant portfolio of residential properties. Develops leasing strategy and implements capital improvement plans that maximize sales, profitability, and tenant satisfaction. Trains and manages lower-level property managers. Has significant input into acquisition strategy and is responsible for overall profitability of the portfolio. May support marketing and investor relations. Typically requires a bachelor's degree in related area or equivalent. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2021 Salary.com)
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