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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 | Real Estate Manager | |
| Yearly salary | $33,660 | $86,874 |
| Hourly rate | $16.18 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 32,462 | 24,751 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 69% |
| 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 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 agents and real estate managers have different pay scales, as shown below.
| Leasing Agent | Real Estate Manager | |
| Average salary | $33,660 | $86,874 |
| Salary range | Between $27,000 And $41,000 | Between $58,000 And $129,000 |
| 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 | Finance |
There are a few differences between a leasing agent and a real estate manager in terms of educational background:
| Leasing Agent | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing agents' and real estate managers' demographics:
| Leasing Agent | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 25.4% Female, 74.6% | Male, 59.2% Female, 40.8% |
| 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |