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The differences between lease administrators and resident 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 resident manager. Additionally, a lease administrator has an average salary of $54,245, which is higher than the $50,811 average annual salary of a resident manager.
The top three skills for a lease administrator include lease management, property management and landlords. The most important skills for a resident manager are resident care, CPR, and medication administration.
| Lease Administrator | Resident Manager | |
| Yearly salary | $54,245 | $50,811 |
| Hourly rate | $26.08 | $24.43 |
| Growth rate | 3% | 3% |
| Number of jobs | 51,539 | 17,468 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 48% |
| 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 resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.
Lease administrators and resident managers have different pay scales, as shown below.
| Lease Administrator | Resident Manager | |
| Average salary | $54,245 | $50,811 |
| Salary range | Between $42,000 And $69,000 | Between $31,000 And $82,000 |
| Highest paying City | Baltimore, MD | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Ross Stores | Westinghouse Appliances Australia |
| Best paying industry | Hospitality | Internet |
There are a few differences between a lease administrator and a resident manager in terms of educational background:
| Lease Administrator | Resident Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between lease administrators' and resident managers' demographics:
| Lease Administrator | Resident Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 21.0% Female, 79.0% | Male, 39.6% Female, 60.4% |
| 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, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |