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The differences between leasing agents and realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a realtor has an average salary of $38,290, 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 realtor are residential real estate, open houses, and purchase agreements.
| Leasing Agent | Realtor | |
| Yearly salary | $33,660 | $38,290 |
| Hourly rate | $16.18 | $18.41 |
| Growth rate | 3% | 5% |
| Number of jobs | 32,462 | 7,482 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 60% |
| 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.
A realtor is responsible for processing real estate transactions and assisting clients with their concerns and inquiries about a specific property. A realtor should always work for their clients' best interests, ensuring that proposals work within the client's specified budget and property goals. A realtor will also consider the security of a property location before a recommendation to ensure the client's safety and comfort. Realtors must finalize records of cost estimates and purchase agreements, which are essential in choosing the best property.
Leasing agents and realtors have different pay scales, as shown below.
| Leasing Agent | Realtor | |
| Average salary | $33,660 | $38,290 |
| Salary range | Between $27,000 And $41,000 | Between $27,000 And $53,000 |
| Highest paying City | New York, NY | San Antonio, TX |
| Highest paying state | New York | Connecticut |
| Best paying company | CFM International | Berkshire Hathaway Homeservices Alliance Real Estate |
| Best paying industry | Retail | Real Estate |
There are a few differences between a leasing agent and a realtor in terms of educational background:
| Leasing Agent | Realtor | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between leasing agents' and realtors' demographics:
| Leasing Agent | Realtor | |
| Average age | 48 | 49 |
| Gender ratio | Male, 25.4% Female, 74.6% | Male, 40.2% Female, 59.8% |
| 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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 13% |