Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between lease administrators and real estate 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 real estate manager. Additionally, a real estate manager has an average salary of $86,874, 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 real estate manager are financial analysis, property management, and project management.
| Lease Administrator | Real Estate Manager | |
| Yearly salary | $54,245 | $86,874 |
| Hourly rate | $26.08 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 51,539 | 24,751 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 69% |
| 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 Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
Lease administrators and real estate managers have different pay scales, as shown below.
| Lease Administrator | Real Estate Manager | |
| Average salary | $54,245 | $86,874 |
| Salary range | Between $42,000 And $69,000 | Between $58,000 And $129,000 |
| Highest paying City | Baltimore, MD | Hartford, CT |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Ross Stores | McKinsey & Company Inc |
| Best paying industry | Hospitality | Finance |
There are a few differences between a lease administrator and a real estate manager in terms of educational background:
| Lease Administrator | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between lease administrators' and real estate managers' demographics:
| Lease Administrator | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 21.0% Female, 79.0% | Male, 59.2% Female, 40.8% |
| 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |