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Lease administrator vs assistant property manager

The differences between lease administrators and assistant property managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a lease administrator and an assistant property manager. Additionally, a lease administrator has an average salary of $54,245, which is higher than the $44,338 average annual salary of an assistant property manager.

The top three skills for a lease administrator include lease management, property management and landlords. The most important skills for an assistant property manager are customer service, property management, and yardi.

Lease administrator vs assistant property manager overview

Lease AdministratorAssistant Property Manager
Yearly salary$54,245$44,338
Hourly rate$26.08$21.32
Growth rate3%3%
Number of jobs51,53913,736
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 52%
Average age4848
Years of experience66

What does a lease administrator do?

A Lease Administrator is responsible for processing lease documents and managing the property requirements. They monitor the business and financial transactions for lease properties, inspect the facilities' conditions, and identify areas that would need renovations. They also reach out to potential clients, create marketing and promotional campaigns, and ensure that all the bills are posted accurately on the database. A Lease Administrator performs clerical and administrative duties as needed, requiring them to have excellent communication and organizational skills, especially in interacting with customers and property owners.

What does an assistant property manager do?

An assistant property manager's role is to manage rental properties. One of their primary responsibility is to devise strategies on attracting potential tenants by posting advertisements in various platforms, conducting viewing appointments and tours, responding to inquiries and issues, receiving and gathering applicants' requirements, and evaluating every application. An assistant property anager also has the responsibility of collecting payments, managing the building's maintenance and upkeep, including its units, and coordinating with tenants for any concerns or issues.

Lease administrator vs assistant property manager salary

Lease administrators and assistant property managers have different pay scales, as shown below.

Lease AdministratorAssistant Property Manager
Average salary$54,245$44,338
Salary rangeBetween $42,000 And $69,000Between $29,000 And $66,000
Highest paying CityBaltimore, MDSeattle, WA
Highest paying stateConnecticutWashington
Best paying companyRoss StoresIlitch Holdings
Best paying industryHospitalityFinance

Differences between lease administrator and assistant property manager education

There are a few differences between a lease administrator and an assistant property manager in terms of educational background:

Lease AdministratorAssistant Property Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Lease administrator vs assistant property manager demographics

Here are the differences between lease administrators' and assistant property managers' demographics:

Lease AdministratorAssistant Property Manager
Average age4848
Gender ratioMale, 21.0% Female, 79.0%Male, 25.9% Female, 74.1%
Race ratioBlack or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.2% White, 63.9% American Indian and Alaska Native, 0.6%Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between lease administrator and assistant property manager duties and responsibilities

Lease administrator example responsibilities.

  • Manage and review final lease information enter into real estate database (YARDI) and lease files.
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Research and resolve A/R and A/P.
  • Abstract lease information and input into YARDI.
  • Review daily workflow to ensure GAAP and internal compliance.
  • Prepare both new HUD paperwork and recertification paperwork for residents' signature.
  • Show more

Assistant property manager example responsibilities.

  • Create and manage all marketing ads on websites (Craigslist, Facebook) using various design layouts monthly.
  • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Process applications & re-certifications in accordance with LIHTC & corporate compliance requirements.
  • Collect and post rents into YARDI system, and make daily deposits.
  • Post gross potential rent entries, and generate related reports in YARDI.
  • Show more

Lease administrator vs assistant property manager skills

Common lease administrator skills
  • Lease Management, 10%
  • Property Management, 10%
  • Landlords, 8%
  • Lease Administration, 8%
  • Yardi, 6%
  • Reconciliations, 6%
Common assistant property manager skills
  • Customer Service, 21%
  • Property Management, 17%
  • Yardi, 8%
  • Rent Payments, 4%
  • Resident Relations, 4%
  • Bank Deposits, 4%

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