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Leasing consultant vs resident manager

The differences between leasing consultants 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 consultant and a resident manager. Additionally, a resident manager has an average salary of $50,811, which is higher than the $32,729 average annual salary of a leasing consultant.

The top three skills for a leasing consultant include customer service, property management and yardi. The most important skills for a resident manager are resident care, CPR, and medication administration.

Leasing consultant vs resident manager overview

Leasing ConsultantResident Manager
Yearly salary$32,729$50,811
Hourly rate$15.74$24.43
Growth rate3%3%
Number of jobs11,37117,468
Job satisfaction5-
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 48%
Average age4848
Years of experience66

What does a leasing consultant do?

A Leasing Consultant specializes in helping property owners secure tenants for their rental properties. Most of the responsibilities include coordinating with landlords to find suitable occupants, posting rental notices and advertisements on various platforms, and monitor the quality of every rental property. Furthermore, Leasing Consultants must ensure that the tenants will be able to uphold the leasing agreements by screening potential applications through particular requirements, evaluating and verifying the applicant's documentation, and negotiating the contract terms.

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 consultant vs resident manager salary

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

Leasing ConsultantResident Manager
Average salary$32,729$50,811
Salary rangeBetween $26,000 And $39,000Between $31,000 And $82,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateConnecticutNew York
Best paying companyThe Next LevelWestinghouse Appliances Australia
Best paying industryFinanceInternet

Differences between leasing consultant and resident manager education

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

Leasing ConsultantResident Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Leasing consultant vs resident manager demographics

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

Leasing ConsultantResident Manager
Average age4848
Gender ratioMale, 22.2% Female, 77.8%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.7% Asian, 5.3% White, 63.7% 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 Percentage12%12%

Differences between leasing consultant and resident manager duties and responsibilities

Leasing consultant example responsibilities.

  • Certify Chrysler sales, managing internet leads, follow up, generating new sales with referrals
  • Manage all communications and data utilizing OneSite.
  • Develop long-term relationships with Lexus clientele in which transition into success at Toyota.
  • Post to Instagram and Facebook daily.
  • Post charges and concessions to resident ledgers using YARDI operating system.
  • Implement new creative marketing strategies and operate the Facebook social media!
  • Show more

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.
  • Show more

Leasing consultant vs resident manager skills

Common leasing consultant skills
  • Customer Service, 26%
  • Property Management, 9%
  • Yardi, 6%
  • Data Entry, 6%
  • Product Knowledge, 4%
  • Phone Calls, 4%
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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