Leasing agent vs resident manager

The differences between leasing agents and resident 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 resident manager. Additionally, a resident manager has an average salary of $50,811, 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 resident manager are resident care, CPR, and medication administration.

Leasing agent vs resident manager overview

	Leasing Agent	Resident Manager
Yearly salary	$33,660	$50,811
Hourly rate	$16.18	$24.43
Growth rate	3%	3%
Number of jobs	32,462	17,468
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 48%
Average age	48	48
Years of experience	6	6

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 resident manager do?

A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

Leasing agent vs resident manager salary

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

	Leasing Agent	Resident Manager
Average salary	$33,660	$50,811
Salary range	Between $27,000 And $41,000	Between $31,000 And $82,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	New York
Best paying company	CFM International	Westinghouse Appliances Australia
Best paying industry	Retail	Internet

Differences between leasing agent and resident manager education

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

	Leasing Agent	Resident Manager
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Leasing agent vs resident manager demographics

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

	Leasing Agent	Resident Manager
Average age	48	48
Gender ratio	Male, 25.4% Female, 74.6%	Male, 39.6% Female, 60.4%
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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between leasing agent and resident 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.

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Resident manager example responsibilities.

Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
Experience in Onesite system software.
Collect and post rent into YARDI.

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Leasing agent vs resident manager skills

Common leasing agent skills

Customer Service, 27%
Property Management, 11%
Yardi, 8%
Rent Payments, 6%
Background Checks, 5%
Apartment Homes, 3%

Common resident manager skills

Resident Care, 10%
CPR, 8%
Medication Administration, 7%
Developmental Disabilities, 6%
Crisis Intervention, 5%
Property Management, 5%

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Updated January 8, 2025

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