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Leasing agent vs real estate manager

The differences between leasing agents and real estate 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 a real estate manager. Additionally, a real estate manager has an average salary of $86,874, 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 real estate manager are financial analysis, property management, and project management.

Leasing agent vs real estate manager overview

Leasing AgentReal Estate Manager
Yearly salary$33,660$86,874
Hourly rate$16.18$41.77
Growth rate3%3%
Number of jobs32,46224,751
Job satisfaction--
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 69%
Average age4848
Years of experience66

What does a leasing agent do?

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.

What does a real estate manager do?

A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.

Leasing agent vs real estate manager salary

Leasing agents and real estate managers have different pay scales, as shown below.

Leasing AgentReal Estate Manager
Average salary$33,660$86,874
Salary rangeBetween $27,000 And $41,000Between $58,000 And $129,000
Highest paying CityNew York, NYHartford, CT
Highest paying stateNew YorkConnecticut
Best paying companyCFM InternationalMcKinsey & Company Inc
Best paying industryRetailFinance

Differences between leasing agent and real estate manager education

There are a few differences between a leasing agent and a real estate manager in terms of educational background:

Leasing AgentReal Estate Manager
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Leasing agent vs real estate manager demographics

Here are the differences between leasing agents' and real estate managers' demographics:

Leasing AgentReal Estate Manager
Average age4848
Gender ratioMale, 25.4% Female, 74.6%Male, 59.2% Female, 40.8%
Race ratioBlack 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between leasing agent and real estate manager duties and responsibilities

Leasing agent example responsibilities.

  • Manage dailyoperations to include providing funding for the purchase of evidence being narcotics, firearms and explosives.
  • Lead the operations of a field enforcement office responsible for investigating violations of federal statutes enforce by ATF.
  • Perform marketing on Craigslist that generate leads of prospective customers which help increased overall occupancy.
  • Direct all DEA intelligence collection efforts, enforcement operations, investigative programs and pharmaceutical regulatory initiatives along the southwest US/Mexico border.
  • Review court decisions affecting ATF to determine impact on operations.
  • Screen potential tenants using YARDI, and pull comparable in the neighborhood to ensure fair competitive pricing of the properties.
  • Show more

Real estate manager example responsibilities.

  • Manage the submittal of all require documents for construction NTP.
  • Lead SEO efforts for primary corporate site, improving organic and paid traffic.
  • Coordinate and manage the NEPA, SHPO, FAA and FCC approval process.
  • Manage $20M budget and all fiscal functions including payroll, A/R, and A/P.
  • Manage and own the entire process from issue of RFDS to obtaining NTP from tower owner.
  • Manage leasing process of market price, tax credit, public housing programs as well as HUD apartments.
  • Show more

Leasing agent vs real estate manager skills

Common leasing agent skills
  • Customer Service, 27%
  • Property Management, 11%
  • Yardi, 8%
  • Rent Payments, 6%
  • Background Checks, 5%
  • Apartment Homes, 3%
Common real estate manager skills
  • Financial Analysis, 10%
  • Property Management, 10%
  • Project Management, 8%
  • Oversight, 6%
  • Due Diligence, 6%
  • Customer Service, 6%

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