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compensation

    overview

    the real estate industry attracts individuals with entrepreneurial attitudes who view challenges as opportunities and hard work as a requisite for advancement and success. the ever-changing nature of the real estate industry has and continues to create employment and career possibilities for those committed to continuous improvement, performance excellence, and the highest quality and level of service to customers. individuals entering or advancing within the real estate industry have a wider range of job prospects than ever before.

    cash compensation (the combined annual base salary and incentive bonus) for those entering the business is contingent upon several factors including, but not limited to:

    • geographic location
    • experience
    • educational level
    • achievement of one or more professional credentials
    • the position and primary job responsibilities
    • the industry sector and employer

    in addition to base salary and the potential for an annual incentive bonus, real estate management professionals often have access to a wide range of other benefits. these may include:

    • participation in equity ownership of real estate or company ownership
    • housing allowance (occasionally provided to on-site multifamily property managers)
    • health care benefits
    • participation in professional associations
    • pension and 401(k) plans
    • flextime

    compensation data

    there are several sources of compensation data for the real estate management industry.
    three of these sources are:

    irem arm and cpm profile and compensation study
    irem, which performs profile and compensation studies of its members every three years.

    irem - average compensation of arm members by years of experience

    years of experience salary total compensation

    1-3

    $51,360

    $59,358

    4-6

    $57,376

    $66,391

    7-10

    $57,415

    $66,649

    11-15

    $65,522

    $80,101

    16-20

    $66,680

    $77,590

    21+

    $74,774

    $84,530

    source: 日本vs西班牙水位分析
    arm profile and compensation study, 2019 edition

    irem – average compensation of cpm members by years of experience

    years of experience salary total compensation

    less than 10

    $80,222

    $92,939

    10-14

    $100,978

    $126,497

    15-19

    $103,805

    $130,166

    20–24

    $118,469

    $147,006

    25 +

    $132,929

    $191,409

    source: 日本vs西班牙水位分析
    cpm profile and compensation study, 2019 edition

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