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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

    $46,934

    $52,095

    4-6

    $45,989

    $50,894

    7-10

    $53,957

    $60,785

    11-15

    $61,397

    $69,147

    16-20

    $58,575

    $67,694

    21+

    $72,318

    $84,539

    source: 日本vs西班牙水位分析
    arm profile and compensation study, 2016 edition

    irem – average compensation of cpm members by years of experience

    years of experience salary total compensation

    less than 10

    $81,609

    $94,472

    10-14

    $93,569

    $113,189

    15-19

    $95,319

    $115,232

    20–24

    $109,201

    $138,587

    25 +

    $127,862

    $175,549

    source: 日本vs西班牙水位分析
    cpm profile and compensation study, 2016 edition

    cel & associated real estate compensation survey

    cel & associates, inc. provides consulting services to the real estate industry.  cel & associates created its first national real estate compensation and benefits survey in 1989 and has been regularly conducting the survey ever since.

    cel & associates 2016 real estate compensation survey
    all companies - consolidated results

    position

    base salary range (1)

    actual bonus
    as % of salary

    low

    median

    high

    average

    office/industrial positions

    2022世界杯阵容预测

    top 2022世界杯阵容预测 executive

    $203,600

    $245,800

    $317,200

    53.7%

    senior 2022世界杯阵容预测 executive

    $155,300

    $181,000

    $228,400

    34.2%

    portfolio manager

    $99,300

    $124,000

    $144,400

    24.1%

    senior asset manager

    $108,100

    $148,000

    $173,300

    25.8%

    asset manager

    $89,400

    $114,400

    $140,100

    21.7%

    property managements

    top property management executive

    $156,000

    $204,300

    $266,300

    49.4%

    vice president property management

    $140,800

    $174,000

    $221,300

    24.8%

    regional property manager

    $109,600

    $144,200

    $172,700

    25.6%

    senior property manager

    $96,600

    $110,900

    $127,400

    16.1%

    property manager i (<250,000 sq.ft.)

    $63,400

    $80,500

    $93,500

    11.1%

    property manager ii (250,000-500,000 sq.ft.)

    $71,100

    $81,400

    $93,500

    9.8%

    property manager iii (500,001-1,000,000 sq.ft.)

    $79,300

    $90,600

    $103,300

    12.3%

    property manager iv (>1,000,000 sq.ft.)

    $86,700

    $104,900

    $126,300

    13.4%

    assistant property manager

    $52,600

    $58,500

    $65,100

    7.7%

    position

    base salary range (1)

    actual bonus
    as % of salary

    low

    median

    high

    average

    residential positions

    2022世界杯阵容预测

    top 2022世界杯阵容预测 executive

    $165,800

    $226,200

    $267,800

    75.0%

    senior asset manager executive

    $134,600

    $157,000

    $225,700

    35.3%

    portfolio manager

    $100,300

    $113,600

    $131,300

    22.0%

    senior asset manager

    $102,000

    $111,500

    $135,700

    25.4%

    asset manager

    $73,900

    $87,400

    $103,500

    17.4%

    property management

    top property management executive

    $189,900

    $255,300

    $331,800

    73.8%

    vice president property management

    $136,600

    $170,500

    $215,000

    30.3%

    regional property manager

    $94,200

    $111,100

    $128,400

    18.6%

    senior property manager

    $68,000

    $79,400

    $95,300

    17.1%

    on-site community mgr. i (<150 units)

    $40,100

    $47,000

    $53,900

    14.8%

    on-site community mgr. ii (150-300 units)

    $50,100

    $58,100

    $65,600

    16.0%

    on-site community mgr. iii (301-450 units)

    $57,700

    $66,100

    $73,200

    16.2%

    on-site community mgr. iv (>450 units)

    $66,700

    $72,300

    $83,900

    17.4%

    assistant property manager

    $35,500

    $40,100

    $46,500

    12.6%

    position

    base salary range (1)

    actual bonus
    as % of salary

    low

    median

    high

    average

    retail positions

    2022世界杯阵容预测

    top 2022世界杯阵容预测 executive

    $201,400

    $245,900

    $335,600

    60.1%

    senior 2022世界杯阵容预测 executive

    $162,500

    $222,000

    $273,700

    51.9%

    portfolio manager

    $100,700

    $122,700

    $151,800

    21.7%

    senior asset manager

    $115,200

    $150,700

    $186,700

    25.5%

    asset manager

    $89,800

    $112,700

    $136,500

    22.2%

    property management

    top property management executive

    $162,700

    $200,000

    $250,300

    44.6%

    vice president property management

    $138,000

    $178,400

    $208,600

    34.7%

    regional property manager

    $110,100

    $136,100

    $163,400

    22.7%

    senior property manager

    $97,500

    $117,000

    $136,800

    16.5%

    property manager i (<150,000 sq. ft.)

    $65,300

    $82,300

    $99,500

    13.3%

    property manager ii (150,000-300,000 sq.ft.)

    $73,100

    $84,300

    $98,300

    10.5%

    property manager iii (301,000-500,000 sq. ft.)

    $78,200

    $95,000

    $108,000

    13.3%

    property manager iv (>500,000 sq. ft.)

    $80,300

    $99,600

    $126,200

    13.9%

    assistand property manager

    $53,900

    $60,900

    $70,500

    9.7%

    (1) high = 75th percentile, median = 50th percentile, low = 25th percentile.

    source: cel & associates, inc./cel compensation advisors, llc. survey completed 2q 2016.

    bureau of labor statistics, u.s. department of labor, occupational outlook handbook, 2016-2017 edition

    the median annual wage for property, real estate, and community association managers was $55,380 in may 2015. the median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. the lowest 10 percent earned less than $28,490, and the top 10 percent earned more than $123,790.

    in may 2015, the median annual wages in industries employing the largest numbers of property, real estate, and community association managers were as follows:

    offices of real estate agents and brokers

    $55,150

    activities related to real estate

    $52,930

    civic, social, professional, and similar organizations

    $52,730

    lessors of real estate

    $51,800

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