Real estate agents are basically the middlemen in handling a real estate transaction. They either deal with the buying and selling of a property or the leasing of a property. The latter is also known as a leasing agent. A famous real estate agent you should definitely look up to is Ryan Serhant. He has been the star of a famous real estate TV show, Million Dollar Listing, and is a fantastic salesman.
Daily, a leasing agent is involved in activities such as updating tenant and landlord records, conducting property examinations, carrying out property tours, and screening tenants. Besides that, they perform property marketing initiatives, handle lease applications, process rent payments, and address any tenant issues.
Employers require leasing agents to have a minimum of a high school diploma. No experience is needed with job training usually provided by the companies. In addition, leasing agents generally need to apply for a real estate license before applying. This role earns, on average, $36 per hour.
There is more than meets the eye when it comes to being a leasing agent. For example, did you know that they make an average of $13.99 an hour? That's $29,106 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 26,500 job opportunities across the U.S.
There are certain skills that many leasing agents have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, customer-service skills and listening skills.
When it comes to the most important skills required to be a leasing agent, we found that a lot of resumes listed 23.0% of leasing agents included prospective residents, while 19.2% of resumes included customer service, and 7.5% of resumes included property management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the leasing agent job title. But what industry to start with? Most leasing agents actually find jobs in the real estate and professional industries.
If you're interested in becoming a leasing agent, one of the first things to consider is how much education you need. We've determined that 44.9% of leasing agents have a bachelor's degree. In terms of higher education levels, we found that 2.8% of leasing agents have master's degrees. Even though some leasing agents have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a leasing agent. When we researched the most common majors for a leasing agent, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on leasing agent resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a leasing agent. In fact, many leasing agent jobs require experience in a role such as customer service representative. Meanwhile, many leasing agents also have previous career experience in roles such as cashier or sales associate.