Topic: Just wondering what average raise is when going from leasing consultant to assistant community manager.

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Hi!
Just wondering what average raise is when going from leasing consultant to assistant community manager. About 400 units.
(In major city)
Thanks ahead of time!
Posted 1 month 3 days ago
Sandra Ti's Avatar
Sandra Ti
TBH, you can get away with low-balling, because there's always a leasing agent who would be happy just to move up (right here). I've settled for $4. The fairest raise I've ever received was when the new property management team took me on in a take-over. And they were honest by saying they needed an assistant who will also lease in a lease-up. I didn't want to do both, but they offered $6 more plus commission and quarterly bonuses, so I couldn't turn it down.Edit to add: I'm reading these comments and should also mention in my AM positions, I only worked one weekend a month and also received renewal bonuses... except the lease-up because o was the only leasing rep. In which case i got one weekend off.
Posted 1 month 3 days ago
Beth Goldberg's Avatar
Beth Goldberg
It also depends on what the budget allowed for the assistant position we don’t always get the salary increase we desire.
Posted 1 month 3 days ago
Donna Blackman's Avatar
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We jumped our assistant up $15,000 when she went from Assistant Manager to Community Manager for 200 high rise senior/disabled units, And then her annual increase in May also based on her new salary. We also gave her an AR Specialist/Assistant Manager full time to help her with the workload. It is a HUD/TC property so there is a lot of paperwork involved. If you've got good people you want to keep good people!
Posted 1 month 3 days ago
Melissa Bush's Avatar
Melissa Bush
When I got that promotion (it was over 10 years ago so take that into account) I went from $10/hr to $18ish I think. Plus delinquency bonuses. And renewal bonuses. And leasing bonuses, obviously.
Posted 1 month 3 days ago
Karen Mallinger's Avatar
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Our hourly wage isn’t much higher, but our AM earns commission on renewals. LCs average $500 / month commissions, where renewal commissions I’ve seen anywhere from $1500 to $2500 / month.
Posted 1 month 3 days ago
Dave Scruggs's Avatar
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$235.000 minimum or walk away!
Posted 1 month 3 days ago
Dave Scruggs's Avatar
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Oh, sorry. I just woke up. Must have still been dreaming...
Posted 1 month 3 days ago
Dawn Mooney's Avatar
Dawn Mooney
I just started AM from leasing a year ago. It seems to me it's equal or even less pay than leasing. Because the commissions are not as good even though the hourly is more. I no longer work weekends which is nice. I see in our industry that it is really very very different situations across companies and properties.
Posted 1 month 3 days ago
Christine Allen's Avatar
Christine Allen
Dawn Mooney this...leasing, if working for the right company, can make much money more
Posted 1 month 3 days ago
Kiely Barrett's Avatar
Kiely Barrett
Check payscale.com. That will give "fair market value" for the person's experience in your specific market. I found that I make much more in Colorado than I likely would if I had moved to Florida.
Posted 1 month 3 days ago
Ursula Gerson's Avatar
Ursula Gerson
Leasing around $20 an hour plus bonuses
Posted 1 month 3 days ago
Cynthia Fox's Avatar
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Our Assistants make $18-22 per hour depending on property size and performance. Plus commissions.
Posted 1 month 3 days ago
Mike Powers's Avatar
Mike Powers
Your local HR team , even the PM should be willing to share pay ranges by job. Values should be in quartiles.In most cases, a company is reluctant to offer more than 20% increase for job changes. It is a stupid rule.If you are asked to take bottom quartile pay, ask, what success do I need to demonstrate to get to mid range pay ?Then go do it.
Posted 1 month 3 days ago
Anonymous's Avatar
Anonymous
Got promoted from LC to APM at same the same complex and got a $2 raise. Took a job across country for a $18 pay raise. The money is out there :) (11 months experience as an APM)
Posted 2 weeks 6 days ago