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The differences between lease administrators 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 lease administrator and a leasing agent. Additionally, a lease administrator has an average salary of $54,245, which is higher than the $33,660 average annual salary of a leasing agent.
The top three skills for a lease administrator include lease management, property management and landlords. The most important skills for a leasing agent are customer service, property management, and yardi.
| Lease Administrator | Leasing Agent | |
| Yearly salary | $54,245 | $33,660 |
| Hourly rate | $26.08 | $16.18 |
| Growth rate | 3% | 3% |
| Number of jobs | 51,539 | 32,462 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 45% |
| 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 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.
Lease administrators and leasing agents have different pay scales, as shown below.
| Lease Administrator | Leasing Agent | |
| Average salary | $54,245 | $33,660 |
| Salary range | Between $42,000 And $69,000 | Between $27,000 And $41,000 |
| Highest paying City | Baltimore, MD | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Ross Stores | CFM International |
| Best paying industry | Hospitality | Retail |
There are a few differences between a lease administrator and a leasing agent in terms of educational background:
| Lease Administrator | Leasing Agent | |
| Most common degree | Bachelor's Degree, 62% | 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 lease administrators' and leasing agents' demographics:
| Lease Administrator | Leasing Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 21.0% Female, 79.0% | Male, 25.4% Female, 74.6% |
| 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, 8.6% 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% |