Appalled by the wage thats offered in CO for PM $14hr!?

Topic Author
  • Posts: 7
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4 years 11 months ago #34797 by Jessica Peacock
Appalled by the wage thats offered in CO for PM $14hr!? Plus having to be a licensed RE agent!
GET REAL!!!
4 years 11 months ago #34797 by Jessica Peacock
Mel Survivor
4 years 11 months ago #34798 by Mel Survivor
Ridiculousness
4 years 11 months ago #34798 by Mel Survivor
Anonymous
4 years 11 months ago #34799 by Anonymous
Is it a 25 unit property?
4 years 11 months ago #34799 by Anonymous
Topic Author
  • Posts: 7
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4 years 11 months ago #34800 by Jessica Peacock
no these are 260 plus as well as large portfolios of rental homes!
4 years 11 months ago #34800 by Jessica Peacock
Mel Survivor
4 years 11 months ago #34801 by Mel Survivor
First thing tackle the budget it clearly needs some proper numbers
4 years 11 months ago #34801 by Mel Survivor
Karen Woodson
4 years 11 months ago #34802 by Karen Woodson
Wow
4 years 11 months ago #34802 by Karen Woodson
Adena Mansback
4 years 11 months ago #34803 by Adena Mansback
Replied by Adena Mansback on topic Appalled by the wage thats offered in CO for PM $14hr!?
I am not sure where in Colorado you are located, but a few years ago the AAMD had an article on average pay onsite. It might be worth trying to find and use a negotiating tool.
4 years 11 months ago #34803 by Adena Mansback
Patricia Gonzales
4 years 11 months ago #34804 by Patricia Gonzales
Replied by Patricia Gonzales on topic Appalled by the wage thats offered in CO for PM $14hr!?
Yah I’m not sure what company you are looking at but it’s usually $60k plus with a good company. If you are new to Colorado I can recommend some good companies. Oh and you don’t have to be licensed real estate if it’s fee managed and someone within the company has their license which is 99% always the case.
4 years 11 months ago #34804 by Patricia Gonzales
Nate Borne
4 years 11 months ago #34805 by Nate Borne
LAWD
4 years 11 months ago #34805 by Nate Borne
Katrina Johnson-Colley
4 years 11 months ago #34806 by Katrina Johnson-Colley
Replied by Katrina Johnson-Colley on topic Appalled by the wage thats offered in CO for PM $14hr!?
I think you were punk’d... no way! Please tell me you’re kidding????
4 years 11 months ago #34806 by Katrina Johnson-Colley
Aaron Potier
4 years 11 months ago #34807 by Aaron Potier
Sell pot
4 years 11 months ago #34807 by Aaron Potier
Katrina Johnson-Colley
4 years 11 months ago #34808 by Katrina Johnson-Colley
Replied by Katrina Johnson-Colley on topic Appalled by the wage thats offered in CO for PM $14hr!?
For Colorado depending on experience it should range from $55K - $70K.
Good Luck!

www.glassdoor.com/Salaries/apartment-man...0bYx8yxFFuRAMlJlPkBo
4 years 11 months ago #34808 by Katrina Johnson-Colley
Marilyn Thompson
4 years 11 months ago #34809 by Marilyn Thompson
Replied by Marilyn Thompson on topic Appalled by the wage thats offered in CO for PM $14hr!?
I have found coming from Arkansas to Florida and now back to Arkansas, most of the pay depends on the company. If they own the property it should be more in line with the national average. However if it's a managing company they will never offer you what the industry will bear in salary. Try looking for a company owned property
4 years 11 months ago #34809 by Marilyn Thompson
Chris Finetto
4 years 11 months ago #34810 by Chris Finetto
You don’t have to take the job.
4 years 11 months ago #34810 by Chris Finetto
Topic Author
  • Posts: 7
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4 years 11 months ago #34811 by Jessica Peacock
this is citadel management I was just shocked to see the low pay for an experienced PM
4 years 11 months ago #34811 by Jessica Peacock
Anonymous
4 years 11 months ago #34812 by Anonymous
Jessica Lynn Peacock you want to try the bigger companies. Greystar, LPC , Pinnacle etc.
4 years 11 months ago #34812 by Anonymous
Dan Lukes
4 years 11 months ago #34813 by Dan Lukes
Depends on location, building size and rent structure.
4 years 11 months ago #34813 by Dan Lukes
Keri Parker Clark
4 years 11 months ago #34814 by Keri Parker Clark
Replied by Keri Parker Clark on topic Appalled by the wage thats offered in CO for PM $14hr!?
Well, I would suspect with the inflated rental rates in CO, at that pay rate you wouldn't even qualify to live there. Hmmmmm. I would like to think you would pay a CM or PM at LEAST enough to qualify to live at the property you entrust them to manage.
4 years 11 months ago #34814 by Keri Parker Clark
Deborah Kay Volker
4 years 11 months ago #34815 by Deborah Kay Volker
Replied by Deborah Kay Volker on topic Appalled by the wage thats offered in CO for PM $14hr!?
Funny... cause I was averaging $22/if you break down the salary and I thought even this isn't enough for all that goes with the job somedays ????
4 years 11 months ago #34815 by Deborah Kay Volker
Miles Scruggs
4 years 11 months ago #34816 by Miles Scruggs
To be fair you basically get a RE license from a Cracker Jack box. Something you can knock out in a week isn’t really something you can use as a basis for higher wages.
Them: “Oh you have a RE license?”
Me: averts eyes downward, shuffles shoes in gravel, puts hands in pockets, quietly so no one else hears: “Ya”.
4 years 11 months ago #34816 by Miles Scruggs
Jenny Catalina
4 years 11 months ago #34817 by Jenny Catalina
Replied by Jenny Catalina on topic Appalled by the wage thats offered in CO for PM $14hr!?
Um no...
4 years 11 months ago #34817 by Jenny Catalina
Amanda Beason
4 years 11 months ago #34818 by Amanda Beason
Dont know where you are looking, but wow!
Look into Monarch Investment and Management Group, not sure what we have available but very good company!!
4 years 11 months ago #34818 by Amanda Beason
Marianne King
4 years 11 months ago #34819 by Marianne King
Find someone who will pay you what your exprience expects. $14.00 per hr. is a Leasing Specialist wage, not a Property Manager. I would assume that would be for a multi million dollar asset if it has 260+ units. AIMCO is located in Colorado and is an excellent company to work for. Good pay, good benefits, good people.
4 years 11 months ago #34819 by Marianne King
Donna Marie
4 years 11 months ago #34820 by Donna Marie
Marianne King my leasing agents make way more than $14 an hour in texas
4 years 11 months ago #34820 by Donna Marie
Marianne King
4 years 11 months ago #34821 by Marianne King
about average wage in Ohio depending on Companies. Some are higher and some are actually lower.
4 years 11 months ago #34821 by Marianne King
Jessica Gonzalez
4 years 11 months ago #34822 by Jessica Gonzalez
Replied by Jessica Gonzalez on topic Appalled by the wage thats offered in CO for PM $14hr!?
That's everywhere now. Its appalling! And a slap in the face
4 years 11 months ago #34822 by Jessica Gonzalez
Shelly Marks
4 years 11 months ago #34823 by Shelly Marks
I work in Illinois, so I'm not exactly sure about Colorado, but that's where my company is based out of. You should check out Monarch investment. They are very good to their employees.
4 years 11 months ago #34823 by Shelly Marks
Bobby Starnes
4 years 11 months ago #34824 by Bobby Starnes
Are you an experienced PM now, or just have your RE license and looking to start at the top onsite? That makes a big difference as well. Many of us in Multifamily Housing started as leasing and worked our way up to PM. But if you are experienced PM now then an hourly rate is odd anyway. Most are salary. I’m thinking 100 units or less and a one person office.
4 years 11 months ago #34824 by Bobby Starnes
Kathleen Silver
4 years 11 months ago #34825 by Kathleen Silver
Replied by Kathleen Silver on topic Appalled by the wage thats offered in CO for PM $14hr!?
Need to work for institutional ownership.
4 years 11 months ago #34825 by Kathleen Silver
Marcy Burnette
4 years 11 months ago #34826 by Marcy Burnette
Replied by Marcy Burnette on topic Appalled by the wage thats offered in CO for PM $14hr!?
No ma'am! I have no one on my staff making $14 an hour not even my Housekeeper. You need to move to another state if all of Colorado is like that. Come on down to Florida and make you some real $$$.
4 years 11 months ago #34826 by Marcy Burnette
Kara Crossman Brown
4 years 11 months ago #34827 by Kara Crossman Brown
Replied by Kara Crossman Brown on topic Appalled by the wage thats offered in CO for PM $14hr!?
Time to move!
4 years 11 months ago #34827 by Kara Crossman Brown
Lori Thurman McClure
4 years 11 months ago #34828 by Lori Thurman McClure
Replied by Lori Thurman McClure on topic Appalled by the wage thats offered in CO for PM $14hr!?
No commissions or bonuses?
4 years 11 months ago #34828 by Lori Thurman McClure
Lori Breedlove
4 years 11 months ago #34829 by Lori Breedlove
Replied by Lori Breedlove on topic Appalled by the wage thats offered in CO for PM $14hr!?
It all depends on what state you live in. States that have a $7.25 minimum wage think paying $12 or $15 an hour is something to be earned. It always amazes me how managers act so quickly to uphold policy when the company they work for pays so little while banking more than ever. It’s pathetic
4 years 11 months ago #34829 by Lori Breedlove
Swartz
4 years 11 months ago #35050 by Swartz
I think its a foolishly low wage offer. But the solution is an obvious one. Don't take it. Or if you already have, look for another job and tell the owner why you left (after you leave). Exp. maintenance techs get better than that in MI.
4 years 11 months ago #35050 by Swartz
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4 years 11 months ago #35053 by Rachel Towns
WHAAAAA?? That isn't appalling, that's just insulting!
4 years 11 months ago #35053 by Rachel Towns
Stacia Scharf
4 years 11 months ago #35103 by Stacia Scharf
I've been in the industry in Colorado for about 15 years. This is definitely not the case if you work with a reputable management company (Greystar, Alliance, LMC, etc.). You've been severely and unfairly low balled. You can't even hire a brand new, green Leasing Agent at $14/hr!
4 years 11 months ago #35103 by Stacia Scharf
L Byrnes
4 years 11 months ago #35104 by L Byrnes
Does it include a rent-free apartment?
4 years 11 months ago #35104 by L Byrnes