Residential Property Manager Salary in Newport News, VA

Assistant Residential Property Manager - Average Salary $48,331

Assistant Residential Property Manager supports residential property managers in the operation of one or more residential properties or communities. Coordinates sales/leasing, tenant relations, maintenance, and other support activities. Being an Assistant Residential Property Manager may require a bachelor's degree in related area. Typically reports to a residential property manager. The Assistant Residential Property Manager occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Assistant Residential Property Manager typically requires 2 -4 years of related experience.

Residential Property Manager III - Average Salary $97,931

Residential Property Manager III manages the daily operations of one or more larger or more complex residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Being a Residential Property Manager III manages property budgets, collections and/or property improvement initiatives. May supervise lower-level property managers. Additionally, Residential Property Manager III typically requires a bachelor's degree in related area or equivalent. Typically reports to a head of a unit/department. The Residential Property Manager III typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Residential Property Manager III typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

Residential Property Manager II - Average Salary $80,933

Residential Property Manager II manages the daily operations of one or more residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Being a Residential Property Manager II typically responsible for managing property budgets, collections and/or property improvement initiatives. May require a bachelor's degree in related area. Additionally, Residential Property Manager II typically reports to a head of a unit/department. The Residential Property Manager II manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Residential Property Manager II typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

Residential Property Manager I - Average Salary $71,294

Residential Property Manager I manages the daily operations of one or more residential properties or communities. Oversees sales/leasing, tenant relations, maintenance, and other support activities. Being a Residential Property Manager I may be responsible for managing property budgets, collections and/or property improvement initiatives. May require a bachelor's degree in related area. Additionally, Residential Property Manager I typically reports to a head of a unit/department. The Residential Property Manager I supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Residential Property Manager I typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.

Area Residential Property Manager - Average Salary $128,204

Area Residential Property Manager leads residential property management activities in a given geographic area to maximize sales, profitability, and tenant satisfaction. Develops and implements operational policies. Being an Area Residential Property Manager trains and manages individual property managers. Ensures that properties meet established quality standards. Additionally, Area Residential Property Manager may support marketing and investor relations. May handle escalated tenant matters. Typically requires a bachelor's degree in related area or equivalent. Typically reports to top management. The Area Residential Property Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Area Residential Property Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.