What does a property management economist do in a real estate company? – Tasks and work environment
A property management economist in a real estate company is responsible for financial planning, monitoring, and analysis related to property management. Tasks include budgeting, ongoing accounting, rent invoicing, performance analysis, and reporting to management and the board. The role often also includes preparing financial statements, coordinating financial processes, and participating in projects related to property development. The work environment is usually office-based, with close collaboration with property managers, technical staff, and external consultants. Digital tools and financial systems are used daily, requiring good system proficiency and analytical skills.
Salary development over time
The salary for property management economists in real estate companies has shown steady growth over the past three years. In 2022, the average salary was 41,200 SEK per month, followed by an increase to 43 000 SEK in 2023. In 2024, the average salary continued to rise to 44 300 SEK, representing a total increase of approximately 7.5% over the three-year period. This positive trend can be partly explained by increased demand for specialized skills in financial management and the generally higher complexity of the real estate industry, which demands greater contributions from economists. Market developments and a clearer focus on digitalization and sustainability also contribute to raising salary levels for the profession.
Property management economist salary – full overview
- Average salary: 44 300 SEK/month
- Lowest salary: 33,200 SEK/month (male, private employee, pre-secondary education)
- Highest salary: 48,500 SEK/month (male, private employee, post-secondary education 3+ years)
- Hourly wage: 266 SEK
- Women earn: 44 000 SEK (97% of men's salary)
- Men earn: 45 400 SEK
- Regional differences: Salaries may vary depending on region and whether it's a large city or smaller town, but detailed figures are not available.
Education and qualifications
To work as a property management economist in a real estate company, a post-secondary education in economics is generally required, preferably with a focus on real estate economics or accounting. Many employers view supplementary courses in real estate law, tenancy law, and financial management positively. Practical experience from the finance or real estate industry is often advantageous, and some roles may require specific certifications.
- Economics degree (college/university): 3 years or more, often with a focus on accounting or real estate economics
- Courses/certifications: In real estate law, tenancy law, financial management
- Internship/trainee: Common in larger real estate companies
- Prerequisites: High school diploma with economics or social sciences
- Tips for choosing: Select education combining economics and real estate knowledge for better job opportunities
The role of a property management economist in a real estate company often involves close cooperation with technical managers, tenants, and external suppliers. Being able to communicate financial issues in an understandable way is therefore an important success factor in the profession.
Common benefits and compensations
Property management economists in real estate companies are often covered by collective agreements that provide access to occupational pensions, wellness allowances, flexible hours, and extra vacation days. Other common benefits may include subsidized lunch, remote work options, and opportunities for skills development through internal and external training.
Competition and challenges
The competition for positions as a property management economist in real estate companies is assessed as medium-sized, according to the Swedish Public Employment Service's forecasts. The balance between supply and demand means there are good opportunities for employment, especially for those with experience or specialized knowledge in real estate economics. Challenges may arise from increased demands for digital competence, changing regulations, and the need to quickly adapt to new financial management systems. The industry is constantly evolving, which requires flexibility and ongoing skills development.
Tips for those who want to become a property management economist in a real estate company
To succeed as a property management economist, it is good to combine analytical ability with accuracy and a service-oriented mindset. Building strong knowledge in both economics and real estate law provides a clear advantage, especially if supplementary courses or certifications are chosen based on industry needs. Curiosity and willingness to learn new digital tools are valuable qualities, as system support in the industry is constantly developing. Being communicative and pedagogical facilitates collaboration with colleagues and clients, while organizational skills help manage many processes simultaneously. Practical experience, such as through internships or trainee programs, provides valuable insight into the industry and can be crucial for landing the first job. Finally, actively following developments in the real estate market can help contribute current knowledge in the role.
Key facts about property management economists in real estate companies
- Education level: Post-secondary economics education (3 years or more)
- Work environment: Office-based, often in teams with property managers and technical staff
- Demand: Medium-sized, with 758 job openings reported
- Typical employment form: Full-time, often permanent employment
- Special skills: Real estate economics, accounting, financial systems
Career paths and future prospects
After three to five years in the profession, a property management economist can advance to roles such as finance manager, controller, or property economist with increased responsibility for budgeting and business development. It is also possible to specialize further in areas such as project development, property valuation, or internal auditing. According to the Swedish Public Employment Service's forecast for the accounting economist group, job opportunities are assessed as medium-sized, with a balanced recruitment situation. Demand is expected to remain unchanged over the next five years, meaning competition for positions is stable and the job market is relatively secure for those with the right education and experience.
Frequently asked questions about property management economists in real estate companies
- What does a property management economist earn in a real estate company?
- The average salary is 44 300 SEK per month, with variations depending on experience and education level.
- What are the gender differences in salary?
- Women earn 44 000 SEK, which corresponds to 97% of men's salary at 45 400 SEK.
- What education is required to become a property management economist in a real estate company?
- A post-secondary economics education of at least 3 years is recommended, preferably with a focus on real estate.
- Are there good job opportunities in the profession?
- Yes, there are medium-sized opportunities and 758 job openings are currently reported.
- What are the career paths for property management economists in real estate companies?
- After a few years, one can advance to roles such as finance manager, controller, or specialized property economist.
- What are the most common benefits?
- Occupational pension, wellness allowance, flexible hours, extra vacation days, and sometimes remote work are common.
- How does the region affect salary levels?
- Salaries may vary depending on region and whether it's a large city or smaller town, but detailed figures are not specified.
