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The differences between lease administrators and leasing 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 a leasing manager. Additionally, a lease administrator has an average salary of $54,245, which is higher than the $47,633 average annual salary of a leasing manager.
The top three skills for a lease administrator include lease management, property management and landlords. The most important skills for a leasing manager are customer service, resident retention, and real estate.
| Lease Administrator | Leasing Manager | |
| Yearly salary | $54,245 | $47,633 |
| Hourly rate | $26.08 | $22.90 |
| Growth rate | 3% | 3% |
| Number of jobs | 51,539 | 16,376 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| 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 manager is responsible for processing the lease requirements of multiple properties for potential renters and ensuring that all documents are filed accurately, following the standards of property management and clients' qualifications. Leasing managers develop marketing campaigns to advertise leasing properties through media relations and posting on social media platforms. They respond to the potential renters' inquiries and concerns, negotiate contract agreements, inspect the property's location for safety and security, and conduct regular reviews of monetary requirements.
Lease administrators and leasing managers have different pay scales, as shown below.
| Lease Administrator | Leasing Manager | |
| Average salary | $54,245 | $47,633 |
| Salary range | Between $42,000 And $69,000 | Between $30,000 And $75,000 |
| Highest paying City | Baltimore, MD | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Ross Stores | Meta |
| Best paying industry | Hospitality | Finance |
There are a few differences between a lease administrator and a leasing manager in terms of educational background:
| Lease Administrator | Leasing Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| 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 managers' demographics:
| Lease Administrator | Leasing Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 21.0% Female, 79.0% | Male, 38.2% Female, 61.8% |
| 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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |