Area manager, property salary

Occupation: Area Manager, Real Estate

Working as an Area Manager in the real estate sector involves being responsible for ensuring that properties are maintained and managed efficiently. As an area manager, you play a central role in coordinating property maintenance, renovations, and procurement, as well as in liaising with tenants and suppliers. The role requires good organizational skills and a keen interest in real estate and technology.

Salary for Area Manager, Real Estate

For those wondering about the salary of an Area Manager in real estate, the average salary is 49 200 kronor per month. Male area managers earn an average of 49 300 kronor, while female colleagues have an average salary of 48 900 kronor, meaning that women earn 99 percent of what men do in the same profession. An hourly area manager has an average hourly wage of 296 kronor, based on 166 working hours per month.

Salary Variations

The salary range in the profession can vary depending on the sector and level of education. The highest recorded salary for a male area manager is 50800 kr, in the public sector with pre-secondary education. For women, the highest salary is 49000 kr. On the other end of the scale, the lowest salary for women is 43100 kr in the private sector with a three-year high school education, while the corresponding salary for men is 45800 kr.

Education and Skills

To work as an area manager, a post-secondary education in property management, building technology, or similar fields is usually required. Employers also often view previous experience in the real estate industry or related areas positively. In some cases, employers may offer internal training to ensure that employees have the necessary skills.

Job Market and Outlook

According to the Swedish Public Employment Service's forecasts, the job prospects for property managers are considered to be moderate nationally, with an expected increase in demand over a five-year period. The recruitment situation is characterized by balance, meaning that there is not excessive competition for jobs in the profession. However, it is important to stay updated on the latest trends and technologies in real estate management to enhance one's chances in the job market.

Benefits and Working Conditions

Benefits can vary depending on the employer and sector, but it is not uncommon for area managers in the real estate sector to be offered flexible working hours and opportunities for further education. In some cases, benefits such as a company-paid mobile phone and the option to work from home may also be available.

Challenges in the Profession

One of the biggest challenges for area managers is managing the daily operations of properties while planning for long-term maintenance needs. A balance between technical knowledge and social skills is required to successfully communicate with both tenants and suppliers. Additionally, staying updated on laws and regulations that affect property management can be challenging.

Summary

Working as an Area Manager in real estate offers a varied workday with opportunities for both technical and social challenges. With an average salary of 49 200 kronor and an expected increase in demand, this can be an attractive profession for those interested in real estate and management. Education in property management and experience in the industry are often key to entering the profession and achieving success.