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The differences between leasing managers and directors of property management 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 a director of property management. Additionally, a director of property management has an average salary of $97,349, 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 a director of property management are real estate, portfolio, and property management.
| Leasing Manager | Director Of Property Management | |
| Yearly salary | $47,633 | $97,349 |
| Hourly rate | $22.90 | $46.80 |
| Growth rate | 3% | 3% |
| Number of jobs | 16,376 | 78,020 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 52% |
| 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.
A director of property management oversees and directs the property management programs and projects of an organization. They take the lead in identifying and meeting the needs of different facilities, researching client and business opportunities, gathering and analyzing data from annual and monthly reports, coordinating with suppliers and contractors, and making significant decisions. They also participate in managing tenants, overseeing marketing procedures, and solving issues when any arise. Moreover, a director of property management sets goals, establishes timelines and guidelines, empowers employees, and implements company standards and policies.
Leasing managers and directors of property management have different pay scales, as shown below.
| Leasing Manager | Director Of Property Management | |
| Average salary | $47,633 | $97,349 |
| Salary range | Between $30,000 And $75,000 | Between $62,000 And $151,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Connecticut |
| Best paying company | Meta | Brookfield Properties |
| Best paying industry | Finance | - |
There are a few differences between a leasing manager and a director of property management in terms of educational background:
| Leasing Manager | Director Of Property Management | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing managers' and directors of property management' demographics:
| Leasing Manager | Director Of Property Management | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 57.9% Female, 42.1% |
| 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, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |