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The differences between leasing agents and acquisitions 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 leasing agent and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $33,660 average annual salary of a leasing agent.
The top three skills for a leasing agent include customer service, property management and yardi. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.
| Leasing Agent | Acquisitions Manager | |
| Yearly salary | $33,660 | $97,768 |
| Hourly rate | $16.18 | $47.00 |
| Growth rate | 3% | 3% |
| Number of jobs | 32,462 | 9,054 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 71% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms. Moreover, a leasing agent also acts as the landlord because they serve as the tenants' point of contact regarding issues and concerns, conduct property inspections, and manage the properties' maintenance operations, coordinating with the owners regularly.
Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.
Leasing agents and acquisitions managers have different pay scales, as shown below.
| Leasing Agent | Acquisitions Manager | |
| Average salary | $33,660 | $97,768 |
| Salary range | Between $27,000 And $41,000 | Between $65,000 And $145,000 |
| Highest paying City | New York, NY | Hartford, CT |
| Highest paying state | New York | Connecticut |
| Best paying company | CFM International | McKinsey & Company Inc |
| Best paying industry | Retail | Professional |
There are a few differences between a leasing agent and an acquisitions manager in terms of educational background:
| Leasing Agent | Acquisitions Manager | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing agents' and acquisitions managers' demographics:
| Leasing Agent | Acquisitions Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 25.4% Female, 74.6% | Male, 64.6% Female, 35.4% |
| Race ratio | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |