Real Estate Portfolio Manager Salary in Rhode Island
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Real Estate Portfolio Manager undefined, Rhode Island Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $60,670 | $29.17 |
25th | $72,580 | $34.9 |
Median | $91,980 | $44.22 |
75th | $101,960 | $49.02 |
90th | $131,630 | $63.28 |
Best Schools to become a Real Estate Portfolio Manager in Rhode Island 2024
University of Rhode Island
Providence College
Johnson & Wales University-Online
Bryant University
Salve Regina University
Johnson & Wales University-Providence
Browse Real Estate Portfolio Manager Salaries by the Top Cities in Rhode Island
Real Estate Portfolio Manager Salary in Rhode Island FAQs
What factors can influence my salary as a Condominium Association Director in Rhode Island?
Several factors can impact your salary as a Condominium Association Director, including:
- Experience: The number of years you've spent in the role or in related fields can significantly affect your earning potential.
- Education: Advanced degrees or certifications in property management, business administration, or a related area can enhance your qualifications and salary.
- Association Size: Larger condominium associations often require more complex management, which may lead to higher compensation.
- Location: Regional economic conditions and the cost of living in specific areas of Rhode Island can influence salary levels. Urban areas may offer higher pay than rural locations.
- Responsibilities: The range of duties you are expected to perform, including financial management, legal compliance, and community relations, can also impact your salary.
What are the typical job responsibilities of a Condominium Association Director?
As a Condominium Association Director, you may be responsible for:
- Developing and implementing policies and procedures for the association.
- Managing the finances of the association, including budgeting and financial reporting.
- Overseeing maintenance and repairs of common areas.
- Ensuring compliance with state and local laws as well as the association's governing documents.
- Acting as the main point of communication between residents and the association's board.
- Mediating disputes among residents and addressing community concerns.
How can I increase my earning potential in this role?
To enhance your earning potential, consider the following strategies:
- Professional Development: Attend workshops and pursue certifications in property management or real estate to boost your qualifications.
- Networking: Build connections with other professionals in the industry to learn about job opportunities and potential salary boosts.
- Seek Advanced Roles: Aim for leadership positions within the association or related organizations that may offer higher pay and more responsibilities.
- Stay Informed: Keep abreast of industry trends and changes in regulation that could enhance your value as a Director.
What is the typical career progression for a Condominium Association Director?
Career progression for a Condominium Association Director may include:
- Starting in entry-level positions in property management.
- Moving up to supervisory or management roles within a smaller association.
- Becoming a Condominium Association Director, where you'll manage larger teams and budgets.
- Advancing to regional management or overseeing multiple associations, which often comes with increased salary and responsibilities.
Are there any additional benefits that typically accompany the salary of a Condominium Association Director?
In addition to salary, you may receive various benefits, such as:
- Health Insurance: Many associations offer health plans to their employees.
- Retirement Plans: Contributions to retirement savings accounts are common.
- Paid Time Off: Vacation days, sick leave, and paid holidays are often included in benefit packages.
- Professional Development Allowance: Some employers provide funding for continued education and certifications.
- Flexible Work Arrangements: Depending on the association, you may have the opportunity to work from home or manage your own hours.