Table of Contents:

Property Development
Contract Administrator

The Functions and Wages of a Contract Administrator

Real estate businesses should consider hiring a contract administrator for several reasons. Not only do they help ensure legal compliance, but they also protect the business’s interests throughout the contract lifecycle.

In this article, we’ll highlight the responsibilities and compensation of a contract administrator. You will also gain expert insights on whether you should hire locally or virtually to achieve cost efficiency.

What is a Contract Administrator?

What is a Contract Administrator
A contract administrator is responsible for drafting and managing all sales and purchase contracts. They often negotiate contract terms and oversee vendor contracts and purchase orders. Having a sharp eye for detail is an important skill for contract specialists as they review contractual obligations.
This includes managing contracts (all external and internal), insurance certificates, and purchase agreements. Since this function handles contract-related duties, other team members can focus on core business activities. The expertise of a contract specialist helps real estate businesses to avoid costly mistakes and renegotiations.

What is the salary of a Contract Administrator?

The salary range for contract administrators depends on several factors. This includes the number and complexity of contracts managed, the level of previous experience, and the size of the firm.
Experienced contract administrators may demand a higher salary compared to entry-level professionals. But most importantly, location is the most significant factor in determining compensation. Wages typically are tied to the cost of living in a city, region, state, or country.
Contract administrators who live in expensive cities will earn more, while those who live in less costly areas will earn less.
The Philippines has a low cost of living so the wages are relatively low. Property development companies in high-cost countries can achieve significant cost savings by employing virtual contract administrators based in the Philippines.

What is the average salary for a Contract Administrator?

We’ve compiled a table that shows the average salary paid to contract administrators in several countries. The table also compares the average contract administrator salary in the Philippines to the average salary in each country.
Note that the salary for other countries does not include extra costs like insurance and government fees. In comparison, the salaries listed in the Philippines already have these costs as well as ShoreAgents’ fees.
The average salary of a Contract Administrator in Australia
Australia Flag

AU

$106,088 AUD

Local

Philippines Flag

PH

$24,690 AUD

based in the Philippines

The average salary of a Contract Administrator in New Zealand
New Zealand Flag

NZ

$57,188 NZD

Local

Philippines Flag

PH

$27,802 NZD

based in the Philippines

The average salary of a Contract Administrator in United Kingdom
United Kingdom Flag

GB

£22,439 GBP

Local

Philippines Flag

PH

£14,426 GBP

based in the Philippines

The average salary of a Contract Administrator in United States of America
USA Flag

USA

$61,273 USD

Local

Philippines Flag

PH

$17,258 USD

based in the Philippines

The average salary of a Contract Administrator in Canada
Canada Flag

CA

$60,942 CAD

Local

Philippines Flag

PH

$22,487 CAD

based in the Philippines

The average salary of a Contract Administrator in Singapore

SG

$38,832 SGD
Local
Philippines Flag

PH

$23,528 SGD
based in the Philippines
The table demonstrates the cost-effectiveness of outsourcing to the Philippines. You could hire four Filipino contract administrators for the price of one in Australia. You could employ about three Filipino contract administrators for the price of one in the United States and Canada.
You could hire about two Filipino contract administrators for the price of one in New Zealand and the United Kingdom. You can achieve 30 percent cost savings by hiring a Filipino if you are a company based in Singapore.

Can a Contract Administrator work virtually?

Can a Contract Administrator work virtually
Yes, a contract administrator can work remotely as long as you’ve paved the way with preparation. For example, you’ll need the following:
  • Setting realistic expectations
  • Team buy-in
  • A well-written contract administrator job description
  • Task-management software
  • A manager to supervise the administrator’s day-to-day activities
ShoreAgents can help you with setting your expectations and developing your job description. We can recommend the best task management software and provide counsel on gaining team agreement.

Hire a Contract Administrator Expert Now!

Local Contract Administrator Vs. Virtual Contract Administrator

So, you want to hire a contract administrator and are weighing whether to hire a local or a virtual administrator. Here are the top benefits of hiring a virtual contractor administrator:
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
Now, here are the challenges of hiring a virtual construction assistant. The only major challenge is that you’re doing something you haven’t done before. You’ll need to adjust your thinking and invest in time management software to help manage your virtual contracts manager.
Therefore, which option would be the most suitable match for your company? A virtual contract administrator who costs less has all the skills and remains engaged. Or the traditional route of hiring a local contract assistant that doesn’t require any new thinking? The decision is yours, but if you decide to go virtual, ShoreAgents will help you meet any challenges you face.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
Now, here are the challenges of hiring a virtual construction assistant. The only major challenge is that you’re doing something you haven’t done before. You’ll need to adjust your thinking and invest in time management software to help manage your virtual contracts manager.
Therefore, which option would be the most suitable match for your company? A virtual contract administrator who costs less has all the skills and remains engaged. Or the traditional route of hiring a local contract assistant that doesn’t require any new thinking? The decision is yours, but if you decide to go virtual, ShoreAgents will help you meet any challenges you face.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
Now, here are the challenges of hiring a virtual construction assistant. The only major challenge is that you’re doing something you haven’t done before. You’ll need to adjust your thinking and invest in time management software to help manage your virtual contracts manager.
Therefore, which option would be the most suitable match for your company? A virtual contract administrator who costs less has all the skills and remains engaged. Or the traditional route of hiring a local contract assistant that doesn’t require any new thinking? The decision is yours, but if you decide to go virtual, ShoreAgents will help you meet any challenges you face.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
Now, here are the challenges of hiring a virtual construction assistant. The only major challenge is that you’re doing something you haven’t done before. You’ll need to adjust your thinking and invest in time management software to help manage your virtual contracts manager.
Therefore, which option would be the most suitable match for your company? A virtual contract administrator who costs less has all the skills and remains engaged. Or the traditional route of hiring a local contract assistant that doesn’t require any new thinking? The decision is yours, but if you decide to go virtual, ShoreAgents will help you meet any challenges you face.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.
At ShoreAgents, staffing is our whole business, and we enjoy it. We do most of the work for you, including recruiting and culling the applications to find the finalists. You choose the best one for your environment.
Your ideal hire is an excellent contract administrator who understands the property development business. In many locations, finding someone with both those specialties is difficult. The Philippines has a large workforce, and ShoreAgents knows how to tap into that. We also know how to use our extensive real estate network to find those with property development knowledge.
Being an administrator can be lonely if the rest of the team consists of engineers, builders, and project managers. However, administrators are never lonely in our office. They work alongside colleagues who perform similar functions.
We also offer opportunities for continuing education in real estate. These opportunities also help to keep workers engaged.
The primary benefit of hiring a virtual contract administrator for property development firms in various countries is cost savings.
Since ShoreAgents is based in the Philippines, it has significantly lower labor costs. This is in comparison to other countries such as the United Kingdom, the United States, Canada, New Zealand, Australia, and Singapore. In some countries, a Filipino contract administrator can be hired at a fraction of the cost compared to a local administrator.
Now, here are the challenges of hiring a virtual construction assistant. The only major challenge is that you’re doing something you haven’t done before. You’ll need to adjust your thinking and invest in time management software to help manage your virtual contracts manager.
Therefore, which option would be the most suitable match for your company? A virtual contract administrator who costs less has all the skills and remains engaged. Or the traditional route of hiring a local contract assistant that doesn’t require any new thinking? The decision is yours, but if you decide to go virtual, ShoreAgents will help you meet any challenges you face.
The hiring process will require a significant amount of your time. You’ll have to develop your job description, post the opening, and then look through applications to find finalists. Once you decide on the best candidate, you’ll need to do background checks.
Furthermore, you will be responsible for managing the entire hiring process in accordance with local laws and regulations. It is likely that hiring is not your preferred use of time either.