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The differences between commercial property managers and leasing agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a commercial property manager and a leasing agent. Additionally, a commercial property manager has an average salary of $61,361, which is higher than the $33,660 average annual salary of a leasing agent.
The top three skills for a commercial property manager include property management, real estate and portfolio. The most important skills for a leasing agent are customer service, property management, and yardi.
| Commercial Property Manager | Leasing Agent | |
| Yearly salary | $61,361 | $33,660 |
| Hourly rate | $29.50 | $16.18 |
| Growth rate | 3% | 3% |
| Number of jobs | 42,369 | 32,462 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 45% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A commercial property manager is primarily in charge of overseeing the daily operations at commercial properties. They manage all leasing activities and serve as the tenants' point of contact. Their responsibilities include preparing and processing documents, answering inquiries and correspondence, supervising the property staff, and developing strategies to optimize operations. There are also instances where they must collect and process payments. Furthermore, as a manager, it is their duty to handle issues and concerns, resolving them promptly and efficiently.
A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms. Moreover, a leasing agent also acts as the landlord because they serve as the tenants' point of contact regarding issues and concerns, conduct property inspections, and manage the properties' maintenance operations, coordinating with the owners regularly.
Commercial property managers and leasing agents have different pay scales, as shown below.
| Commercial Property Manager | Leasing Agent | |
| Average salary | $61,361 | $33,660 |
| Salary range | Between $36,000 And $103,000 | Between $27,000 And $41,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | New York |
| Best paying company | Western Alliance Bank | CFM International |
| Best paying industry | Non Profits | Retail |
There are a few differences between a commercial property manager and a leasing agent in terms of educational background:
| Commercial Property Manager | Leasing Agent | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between commercial property managers' and leasing agents' demographics:
| Commercial Property Manager | Leasing Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 39.8% Female, 60.2% | Male, 25.4% Female, 74.6% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |