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How to hire a lease analyst

Lease analyst hiring summary. Here are some key points about hiring lease analysts in the United States:

  • The median cost to hire a lease analyst is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per lease analyst on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 4,186 lease analysts in the US, and there are currently 12,465 job openings in this field.
  • New York, NY, has the highest demand for lease analysts, with 4 job openings.

How to hire a lease analyst, step by step

To hire a lease analyst, you should create an ideal candidate profile, determine a budget, and post and promote your job. Here's a step-by-step guide on how to hire a lease analyst:

Here's a step-by-step lease analyst hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a lease analyst job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new lease analyst
  • Step 8: Go through the hiring process checklist

What does a lease analyst do?

Lease Analysts are responsible for assessing lease contracts to ensure accuracy and meet both the lessor and lessee's terms. Their duties include tracking lease payments, handling contract terms disagreements, and drawing up lease or purchase contracts. They also conduct property surveying and agreement interpretation for clients. Lease Analysts can specialize in various industries, including real estate, automotive, and oil and gas. Other duties may include generating reports to monitor transactions and working with cross-functional departments such as accounting and land handling inquiries.

Learn more about the specifics of what a lease analyst does
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  1. Identify your hiring needs

    First, determine the employments status of the lease analyst you need to hire. Certain lease analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A lease analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, lease analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    This list presents lease analyst salaries for various positions.

    Type of Lease AnalystDescriptionHourly rate
    Lease Analyst$17-37
    Business Development ConsultantThe role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models... Show more$25-65
    Contractor/ConsultantA contractor is a self-employed businessperson who agrees to work for a fixed price. His/her job involves the evaluation of clients' needs and actual performance of work... Show more$27-59
  2. Create an ideal candidate profile

    Common skills:
    • Real Estate Tax
    • Property Management
    • Lease Data
    • Lease Language
    • Reconciliations
    • Lease Administration
    • Critical Dates
    • CPI
    • Data Entry
    • Financial Analysis
    • Due Diligence
    • Yardi
    • Percentage Rent
    • Ownership Reports
    Check all skills
    Responsibilities:
    • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
    • Implement next-generation technologies and process automations (including new EDI and ERP systems) to foster an environment of continuous improvement.
    • Set up and verify well interest (WI, NRI, BPO, APO, etc.
    • Determine APO changes and updates.
    • Retrieve and release orders through EDI.
    • Approve and set-up for revenue in Excalibur.
    More lease analyst duties
  3. Make a budget

    Including a salary range in your lease analyst job description helps attract top candidates to the position. A lease analyst salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for a lease analyst in Oklahoma may be lower than in New Jersey, and an entry-level lease analyst usually earns less than a senior-level lease analyst. Additionally, a lease analyst with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average lease analyst salary

    $54,707yearly

    $26.30 hourly rate

    Entry-level lease analyst salary
    $37,000 yearly salary
    Updated December 25, 2025

    Average lease analyst salary by state

    RankStateAvg. salaryHourly rate
    1Rhode Island$73,040$35
    2California$69,037$33
    3New York$67,628$33
    4Massachusetts$66,837$32
    5Ohio$64,329$31
    6Texas$57,692$28
    7Illinois$56,668$27
    8Virginia$52,787$25
    9Missouri$51,917$25
    10Pennsylvania$47,898$23
    11Indiana$47,508$23
    12North Carolina$43,814$21
    13Florida$43,015$21
    14Georgia$42,710$21

    Average lease analyst salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Michaels Stores$89,153$42.86
    2Sumitomo Mitsui Financial Group$84,238$40.50
    3Eaton$78,737$37.85
    4M&T Bank$77,570$37.294
    5CVS Health$72,133$34.6841
    6Simon Property Group$69,729$33.522
    7Hudson Pacific Properties$69,685$33.50
    8Washington Prime Group$66,270$31.86
    9Acadia Realty Trust$65,770$31.62
    10BXP$63,911$30.73
    11BGC Partners$63,775$30.66
    12Monster Products$59,858$28.781
    13Addison Group$59,496$28.60
    14Endeavor Energy Resources$59,433$28.57
    15Forward Air$59,275$28.50
    16Sonder$58,022$27.90
    17Foundation Building Materials$57,764$27.77
    18Hilcorp Energy$57,032$27.421
    19Apex Systems$56,425$27.13
    20CSI Leasing$55,551$26.71
  4. Writing a lease analyst job description

    A job description for a lease analyst role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a lease analyst job description:

    Lease analyst job description example

    IRG Realty Advisors (IRG RA) provides comprehensive commercial real estate solutions for entrepreneurial owners/investors, corporations, institutional and governmental clients. Currently, the largest management services company headquartered in the state of Ohio, our portfolio has over 90 million square feet of assets in 28 states. The profile includes Commercial Office & Retail, Industrial, Warehouse, and Multi-Family properties.


    In principle and practice, IRG Realty Advisors is powered by unique and talented people. We embrace our differences and celebrate our combined strengths, recognizing our success depends on the diverse perspectives and backgrounds that each of us brings to the table. At IRG Realty Advisors, we listen, we coach, we mentor, we educate, and we succeed. If you love what we’re doing and share our core values, we’re growing and would love to talk with you!


    The Lease Analyst position is responsible for reviewing, abstracting, and inputting into the Accounting system all commercial tenant leases and legal documents. As a Lease Analyst, you will assist the Property Management and Accounting Team(s) in ensuring that all tenants are being properly billed per their lease. You will be solely responsible for the integrity of all information related to tenant billing in the system. Additionally, you will work on audits and special

    projects as assigned.


    Responsibilities :

    · Abstraction of all tenant lease documents for individual portfolio.

    · Research and interpret lease language in consultation with property managers.

    · Provide information and guidance related to tenant lease matters as requested by property managers, accountants, and principals of the company.

    · Input all approved lease abstraction information into the accounting database.

    · Utilize MRI accounting software programs to perform duties and responsibilities.

    · Collect and input all information needed to calculate rent statements; utility billings, flex rent, CPI increases, etc.

    · Check the data input in the accounting system to ensure the accuracy of the final bill.

    · Maintain any excel tracking utility spreadsheets.

    · Generate accounting rent statements, utility billings, and reports.

    · Issue tenant invoices and bills and send them to the tenant via mail, email, etc.

    · Receive payments through various methods; check, EFT, etc.

    · Research cash receipts, coding, and posting of receipts.

    · Answer questions and handle complaints from tenants regarding bills.

    · Assist with additional responsibilities as assigned.

    · File, fax, scan, and copy all rent statement documents and other correspondence as it relates to the tenant’s AR.

    · Overall control of cash application into the accounting system.

    Skills & Attributes:

    · Must have a minimum of three years’ commercial real estate experience.

    · Advanced level of proficiency in Word, Outlook, and Excel.

    · Ability to handle a fast-paced, deadline-driven environment.

    · Ability to multi-task and prioritize assignments while delivering consistent, quality work products to property managers.

    · High level of attention to detail and accuracy.

    · Ability to work well with others.

    · Strong analytical and communication skills.

    Experience a plus but not required:

    · MRI experience

    · Lease Administration Experience

    · Billing Experience

    IRG Realty Advisors, LLC is an equal opportunity employer and is committed to a diverse workforce. Qualified applicants will receive consideration for employment without regard to their protected veteran or disabled status.

  5. Post your job

    There are a few common ways to find lease analysts for your business:

    • Promoting internally or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to meet candidates with the right educational background.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.
    Post your job online:
    • Post your lease analyst job on Zippia to find and recruit lease analyst candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit lease analysts, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new lease analyst

    Once you've selected the best lease analyst candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

    To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a lease analyst?

There are different types of costs for hiring lease analysts. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new lease analyst employee.

Lease analysts earn a median yearly salary is $54,707 a year in the US. However, if you're looking to find lease analysts for hire on a contract or per-project basis, hourly rates typically range between $17 and $37.

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