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The differences between lease administrators and directors of property management 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 a director of property management. Additionally, a director of property management has an average salary of $97,349, which is higher than the $54,245 average annual salary of a lease administrator.
The top three skills for a lease administrator include lease management, property management and landlords. The most important skills for a director of property management are real estate, portfolio, and property management.
| Lease Administrator | Director Of Property Management | |
| Yearly salary | $54,245 | $97,349 |
| Hourly rate | $26.08 | $46.80 |
| Growth rate | 3% | 3% |
| Number of jobs | 51,539 | 78,020 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 52% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
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.
A director of property management oversees and directs the property management programs and projects of an organization. They take the lead in identifying and meeting the needs of different facilities, researching client and business opportunities, gathering and analyzing data from annual and monthly reports, coordinating with suppliers and contractors, and making significant decisions. They also participate in managing tenants, overseeing marketing procedures, and solving issues when any arise. Moreover, a director of property management sets goals, establishes timelines and guidelines, empowers employees, and implements company standards and policies.
Lease administrators and directors of property management have different pay scales, as shown below.
| Lease Administrator | Director Of Property Management | |
| Average salary | $54,245 | $97,349 |
| Salary range | Between $42,000 And $69,000 | Between $62,000 And $151,000 |
| Highest paying City | Baltimore, MD | San Francisco, CA |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Ross Stores | Brookfield Properties |
| Best paying industry | Hospitality | - |
There are a few differences between a lease administrator and a director of property management in terms of educational background:
| Lease Administrator | Director Of Property Management | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between lease administrators' and directors of property management' demographics:
| Lease Administrator | Director Of Property Management | |
| Average age | 48 | 48 |
| Gender ratio | Male, 21.0% Female, 79.0% | Male, 57.9% Female, 42.1% |
| Race ratio | Black 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |