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2024 Salary Survey

2024 Salary Survey

Open Until

July 26, 2024 @ 4:00pm

Welcome to the BOMA Greater Dallas Real Estate Salary Survey! Your insights are invaluable in helping us understand industry standards and trends, which ultimately benefit professionals like you.

This survey aims to gather data on salaries within the property management and operations (engineering) fields across various job titles and experience levels. Your participation will provide critical information that empowers professionals to make informed decisions about their careers. By participating in this survey, you will receive the final report at no expense if you provide an email address. Alternatively, the results may be purchased for $100, if you choose to remain completely anonymous by not providing your email address.

Rest assured, your responses will remain completely private, and the data collected will be used solely for research purposes.

Thank you for your contribution to advancing our understanding of salary trends in property management in the Greater Dallas market. Let's work together to foster transparency and support within our industry.

Salary Survey Position Titles:

(See below for title descriptions and surveys)

PROPERTY MANAGEMENT POSITIONS:

      • Senior / General Property Manager.
      • Property Manager.
      • Assistant Property Manager.
      • Administrative Assistant / Property Coordinator.

OPERATIONS POSITIONS:

      • Senior Chief Engineer / Operations Manager.
      • Chief Engineer.
      • Assistant Chief Engineer / Lead Engineer.
      • Building Engineer.

Commercial Real Estate companies use different titles to represent very similar positions. Please select the title below that BEST REPRESENTS your current position, even if it does not fit perfectly.

Please only complete one survey per position.

However, if you are a hiring manager or otherwise have detailed salary information on additional positions within your company, feel free to take additional surveys for those positions with that data.

PROPERTY MANAGEMENT POSITIONS

Senior / General Property Manager

The Senior Property Manager or General Property Manager has a minimum of seven years of experience in the Commercial Real Estate industry, property management and managing property teams.  This individual oversees the management and operations of a minimum of three or more separately located properties, or a minimum of one million square feet of property in one location. Daily responsibilities include, but are not limited to: management staff (minimum of five); knowledge of and recommendations for building operational systems; client/asset manager contact; preparation, implementation, and oversight of property and capital budget plans; operating expense reconciliations; financial reporting; construction management; new business development; development of proformas (or similar); and strategic planning.  This individual may also have an officer title within his/her management organization.

Property Manager

The Property Manager oversees the day-to-day operations and management of the property by emphasizing positive tenant relations and increasing the value of the building. The Property Manager must maintain ethical, professional, and courteous relationships with contractors and tenants; manage all property personnel; and perform as a team member with all employees.

Assistant Property Manager

The Assistant Property Manager has direct responsibilities involving customer relations and retention. He/she is responsible for: direct staff reports; specific contracts, such as janitorial, landscaping, etc.; and participation in the creation and administration of the property budget.

Administrative Assistant / Property Coordinator

The Administrative Assistant or Property Coordinator performs a number of tasks for the building. This person is typically responsible for: maintaining the front-desk image of the property; entry level accounting tasks, such as accounts payable and receivable; correspondence for the property; and maintenance requests.

OPERATIONS POSITIONS

Senior Chief Engineer / Operations Manager

The Senior Chief Engineer or Operations Manager has a minimum of seven years of experience in Commercial Real Estate engineering. This individual oversees the management and operations of a minimum of three or more separately located properties, or minimum of one million square feet of property in one location. Daily responsibilities include, but are not limited to: management of (minimum of three); knowledge of and recommendations for all building operating systems, manages capital projects, oversight on construction documents, strategic planning for Ownership. This person may also have an officer title within his/her management organization.

Chief Engineer

The Chief Engineer has a minimum of five years of experience in Commercial Real Estate. This individual oversees and participates in the training of all engineers and monitors their work performance. This person implements and manages the preventive/predictive maintenance programs. The Chief monitors monthly budgetary information; schedules budgeted expenditures; and serves as primary manager for engineering projects. The Chief Engineer interacts with tenants, supervisors, co-workers, subordinates, contractors, and vendors.

Assistant Chief Engineer / Lead Engineer

The Assistant Chief Engineer or Lead Engineer's primary responsibility is to oversee the efficient operation of all building systems and to inform the Chief Engineer, Operations Manager, or General Manager of any condition affecting building services and tenant or client safety and comfort. Specific areas of responsibility include: tenant or client services; preventive maintenance; assisting the chief engineer in the supervision of the crew (including staff development); purchasing and inventory control; contracted maintenance; and following the firm's guidelines regarding general maintenance practices. The Assistant Chief can fill in for the Chief Engineer.

Building Engineer

The Building Engineer assists in the daily routine maintenance of the property. The Building Engineer promotes and facilitates the safe and efficient operation of building(s) and works to maintain the integrity and value of the physical assets. This person works to provide the highest quality of service for satisfactory resolutions of all tenant and owner issues.