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The differences between leasing agents and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, 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 a broker are brokerage, financial services, and insurance products.
| Leasing Agent | Broker | |
| Yearly salary | $33,660 | $124,861 |
| Hourly rate | $16.18 | $60.03 |
| Growth rate | 3% | 5% |
| Number of jobs | 32,462 | 2,770 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 66% |
| Average age | 48 | 49 |
| Years of experience | 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.
Brokers can either be a firm or an individual acting as an intermediary between a securities exchange and an investor. They often provide services to individual investors and traders who cannot engage directly with security exchanges, which only accept orders from their members. They provide investors and traders with an investment plan, market intelligence, and research. They may cross-sell some financial services and products offered by their brokerage firms. They are also typically classified as discount or full-service brokers.
Leasing agents and brokers have different pay scales, as shown below.
| Leasing Agent | Broker | |
| Average salary | $33,660 | $124,861 |
| Salary range | Between $27,000 And $41,000 | Between $68,000 And $227,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | CFM International | Child Guidance & Family Solutions |
| Best paying industry | Retail | Insurance |
There are a few differences between a leasing agent and a broker in terms of educational background:
| Leasing Agent | Broker | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing agents' and brokers' demographics:
| Leasing Agent | Broker | |
| Average age | 48 | 49 |
| Gender ratio | Male, 25.4% Female, 74.6% | Male, 63.8% Female, 36.2% |
| 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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 13% |