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The differences between leasing agents and property management specialists 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 a property management specialist. Additionally, a property management specialist has an average salary of $45,835, 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 property management specialist are property management, customer service, and real estate.
| Leasing Agent | Property Management Specialist | |
| Yearly salary | $33,660 | $45,835 |
| Hourly rate | $16.18 | $22.04 |
| Growth rate | 3% | 3% |
| Number of jobs | 32,462 | 74,282 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 57% |
| 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.
A property management specialist is responsible for managing the contracts and leasing opportunities for residential and commercial properties to potential tenants. Property management specialists evaluate the value of the properties according to market performance and determine the eligibility of tenant applicants in acquiring the property. They also inspect the condition of the property's overall facilities to identify possible repairs and renovations to ensure the safety and security of the tenants. A property management specialist must have excellent communication and organizational skills, especially in processing documents and organizing billing reports.
Leasing agents and property management specialists have different pay scales, as shown below.
| Leasing Agent | Property Management Specialist | |
| Average salary | $33,660 | $45,835 |
| Salary range | Between $27,000 And $41,000 | Between $27,000 And $77,000 |
| Highest paying City | New York, NY | San Rafael, CA |
| Highest paying state | New York | Connecticut |
| Best paying company | CFM International | Meta |
| Best paying industry | Retail | Insurance |
There are a few differences between a leasing agent and a property management specialist in terms of educational background:
| Leasing Agent | Property Management Specialist | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 57% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing agents' and property management specialists' demographics:
| Leasing Agent | Property Management Specialist | |
| Average age | 48 | 48 |
| Gender ratio | Male, 25.4% Female, 74.6% | Male, 50.7% Female, 49.3% |
| 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, 8.8% Unknown, 4.1% Hispanic or Latino, 16.9% Asian, 5.3% White, 64.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |