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Lease administrator vs senior property manager

The differences between lease administrators and senior property 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 senior property manager. Additionally, a senior property manager has an average salary of $71,867, 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 senior property manager are property management, portfolio, and real estate.

Lease administrator vs senior property manager overview

Lease AdministratorSenior Property Manager
Yearly salary$54,245$71,867
Hourly rate$26.08$34.55
Growth rate3%3%
Number of jobs51,53913,475
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 64%
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 senior property manager do?

A Senior Property Manager is responsible for the administration of property operations and the leasing office. They ensure that property management runs smoothly and profits are maximized.

Lease administrator vs senior property manager salary

Lease administrators and senior property managers have different pay scales, as shown below.

Lease AdministratorSenior Property Manager
Average salary$54,245$71,867
Salary rangeBetween $42,000 And $69,000Between $46,000 And $110,000
Highest paying CityBaltimore, MDRichmond, CA
Highest paying stateConnecticutWashington
Best paying companyRoss StoresAlbemarle
Best paying industryHospitalityProfessional

Differences between lease administrator and senior property manager education

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

Lease AdministratorSenior Property Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Lease administrator vs senior property manager demographics

Here are the differences between lease administrators' and senior property managers' demographics:

Lease AdministratorSenior Property Manager
Average age4848
Gender ratioMale, 21.0% Female, 79.0%Male, 41.9% Female, 58.1%
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, 8.9% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between lease administrator and senior property manager 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

Senior property manager example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Use advance Yardi skills to process accounts receivable/payable, review budget reports, and analyze performance reports.
  • Ensure that all building systems, electrical, plumbing, HVAC, and fire systems are property maintain and service.
  • Coordinate the transition of the accounting process moving from JD Edwards to Yardi, and the subsequent reconciliation of tenant accounts.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  • Show more

Lease administrator vs senior property manager skills

Common lease administrator skills
  • Lease Management, 10%
  • Property Management, 10%
  • Landlords, 8%
  • Lease Administration, 8%
  • Yardi, 6%
  • Reconciliations, 6%
Common senior property manager skills
  • Property Management, 16%
  • Portfolio, 12%
  • Real Estate, 11%
  • Yardi, 5%
  • Property Inspections, 5%
  • Construction Projects, 4%

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