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Lease administrator vs property management assistant

The differences between lease administrators and property management assistants 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 property management assistant. Additionally, a lease administrator has an average salary of $54,245, which is higher than the $34,826 average annual salary of a property management assistant.

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

Lease administrator vs property management assistant overview

Lease AdministratorProperty Management Assistant
Yearly salary$54,245$34,826
Hourly rate$26.08$16.74
Growth rate3%3%
Number of jobs51,53969,316
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 57%
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 a property management assistant do?

Property management assistants are professionals who are responsible for providing support functions to the management team that handles residential or commercial properties. These assistants are required to interview prospective residents while helping new residents with moving in while scheduling their service requests. They must prepare all the correspondence for property owners such as utility change-overs and lease contracts. Property management assistants must also collaborate with their property managers to ensure prudent rent collections from their tenants.

Lease administrator vs property management assistant salary

Lease administrators and property management assistants have different pay scales, as shown below.

Lease AdministratorProperty Management Assistant
Average salary$54,245$34,826
Salary rangeBetween $42,000 And $69,000Between $24,000 And $48,000
Highest paying CityBaltimore, MDScottsdale, AZ
Highest paying stateConnecticutArizona
Best paying companyRoss StoresBGC Partners
Best paying industryHospitalityMedia

Differences between lease administrator and property management assistant education

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

Lease AdministratorProperty Management Assistant
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Lease administrator vs property management assistant demographics

Here are the differences between lease administrators' and property management assistants' demographics:

Lease AdministratorProperty Management Assistant
Average age4848
Gender ratioMale, 21.0% Female, 79.0%Male, 27.3% Female, 72.7%
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, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between lease administrator and property management assistant 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

Property management assistant example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Code and input all tenant invoices into MRI system.
  • Process all invoices in MRI system for vendors in accounting files.
  • Oversee building systems, including fire/life safety programs, HVAC and electrical issues.
  • Track HVAC and other tenant calls and insurance compliance along with maintaining files.
  • Prepare for all annual HUD inspections, interior and exterior, and all audit's.
  • Show more

Lease administrator vs property management assistant skills

Common lease administrator skills
  • Lease Management, 10%
  • Property Management, 10%
  • Landlords, 8%
  • Lease Administration, 8%
  • Yardi, 6%
  • Reconciliations, 6%
Common property management assistant skills
  • Customer Service, 17%
  • Property Management, 16%
  • Real Estate, 11%
  • Yardi, 7%
  • Vendor Contracts, 5%
  • Rent Payments, 3%

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