Career

Real Estate Portfolio Manager Salary In Utah 2024

Learn everything you need to know about becoming a Real Estate Portfolio Manager, including salary, schools, and programs.

Real Estate Portfolio Manager Salary in Utah

Annual Median: $60,690
Hourly Median: $29.18

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Real Estate Portfolio Manager Utah Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$30,400$14.62
25th$47,770$22.97
Median$60,690$29.18
75th$84,770$40.76
90th$122,730$59

Best Schools to become a Real Estate Portfolio Manager in Utah 2024

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935

Utah Valley University

Orem, UT

In-State Tuition:$5,614
Out-of-State Tuition:$17,174
Admission Rate:N/A
Graduation Rate:39%
Total Enrollment:43,099

University of Utah

Salt Lake City, UT

In-State Tuition:$8,175
Out-of-State Tuition:$28,697
Admission Rate:89%
Graduation Rate:65%
Total Enrollment:34,734

Brigham Young University

Provo, UT

In-State Tuition:$6,304
Out-of-State Tuition:$6,304
Admission Rate:67%
Graduation Rate:79%
Total Enrollment:34,464

Utah State University

Logan, UT

In-State Tuition:$7,387
Out-of-State Tuition:$23,305
Admission Rate:94%
Graduation Rate:54%
Total Enrollment:27,943

Southern Utah University

Cedar City, UT

In-State Tuition:$6,006
Out-of-State Tuition:$19,822
Admission Rate:84%
Graduation Rate:58%
Total Enrollment:14,330

Real Estate Portfolio Manager Salary in Utah FAQs

  • What factors influence the salary of a Real Estate Portfolio Manager in Utah? The salary of a Real Estate Portfolio Manager is influenced by several factors including years of experience, the size and complexity of the portfolio managed, the specific sector (commercial, residential, or industrial), and the overall performance of the real estate market in Utah. Additionally, educational background and professional certifications can also play a significant role in determining salary levels.

  • How does experience impact earning potential in this role? Typically, as a Real Estate Portfolio Manager gains more experience, their earning potential increases. Entry-level positions may offer different compensation compared to those with five or more years in the field. Senior managers often command higher salaries due to their extensive industry knowledge and proven track records in managing successful portfolios.

  • Are there opportunities for salary advancement in this profession? Yes, opportunities for salary advancement are common in this profession. With additional certifications, such as becoming a Certified Property Manager (CPM) or obtaining a leadership role within the company, you may experience significant salary growth. Networking within the industry and staying informed on market trends can also lead to better opportunities.

  • What role do certifications play in salary negotiations? Certifications can enhance your qualifications and demonstrate a commitment to professionalism, potentially increasing your negotiating power during salary discussions. Certifications such as the Certified Commercial Investment Member (CCIM) or Accredited Management Organization (AMO) can differentiate you from other candidates and may justify a higher salary.

  • Is there a difference in salary based on the type of real estate managed? Yes, the type of real estate managed can influence salary. For instance, managers overseeing commercial properties may earn different compensation compared to those focused on residential properties. Commercial real estate often involves higher stakes and larger transactions, which could result in higher earnings.

  • How does the location within Utah affect salary expectations? Salary expectations can vary based on location within Utah. Urban centers like Salt Lake City may offer higher compensation due to a greater demand for real estate services and a more competitive market. In contrast, rural areas may have lower salary ranges reflecting localized demand and economic conditions.

  • What additional benefits might a Real Estate Portfolio Manager expect beyond salary? In addition to salary, many employers offer benefits such as performance bonuses, health insurance, retirement plans, and professional development opportunities. Some companies also provide perks like flexible working arrangements or allowances for travel and professional memberships.

  • How can I keep updated on salary trends in this field? To stay informed on salary trends, consider subscribing to industry publications, joining professional associations, and attending networking events. Websites with salary information and job postings can also provide insights. Engaging with peers in the industry through platforms like LinkedIn may offer additional context about current market conditions.

  • Does work experience in related fields affect salary as a Portfolio Manager? Yes, work experience in related fields such as real estate investment, property management, or even finance can positively impact your salary as a Real Estate Portfolio Manager. Relevant experience can provide valuable skills and insights that enhance your effectiveness in the role, thus justifying higher remuneration.