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The differences between leasing managers and acquisitions 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 manager and an acquisitions manager. Additionally, an acquisitions manager has an average salary of $97,768, which is higher than the $47,633 average annual salary of a leasing manager.
The top three skills for a leasing manager include customer service, resident retention and real estate. The most important skills for an acquisitions manager are due diligence, project management, and digital marketing.
| Leasing Manager | Acquisitions Manager | |
| Yearly salary | $47,633 | $97,768 |
| Hourly rate | $22.90 | $47.00 |
| Growth rate | 3% | 3% |
| Number of jobs | 16,376 | 9,054 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 71% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A leasing manager is responsible for processing the lease requirements of multiple properties for potential renters and ensuring that all documents are filed accurately, following the standards of property management and clients' qualifications. Leasing managers develop marketing campaigns to advertise leasing properties through media relations and posting on social media platforms. They respond to the potential renters' inquiries and concerns, negotiate contract agreements, inspect the property's location for safety and security, and conduct regular reviews of monetary requirements.
Acquisition managers supervise a company's purchasing ventures. They are responsible for discovering and analyzing possible purchase deals, arranging the purchase terms and contracts, implementing and completing the purchase. They work in multiple industries, generally labor 40 or more hours a week in an office domain, and may need to travel occasionally. Employers look for candidates with strong leadership, negotiation, analytical, finance, and computer skills. Preferred individuals are those who have undergone project management and has training in areas such as mergers and acquisition, consulting, and corporate development.
Leasing managers and acquisitions managers have different pay scales, as shown below.
| Leasing Manager | Acquisitions Manager | |
| Average salary | $47,633 | $97,768 |
| Salary range | Between $30,000 And $75,000 | Between $65,000 And $145,000 |
| Highest paying City | New York, NY | Hartford, CT |
| Highest paying state | New York | Connecticut |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Finance | Professional |
There are a few differences between a leasing manager and an acquisitions manager in terms of educational background:
| Leasing Manager | Acquisitions Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing managers' and acquisitions managers' demographics:
| Leasing Manager | Acquisitions Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 64.6% Female, 35.4% |
| Race ratio | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6% | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.6% Asian, 5.4% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |