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The differences between leasing managers and real estate 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 a real estate manager. Additionally, a real estate manager has an average salary of $86,874, 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 real estate manager are financial analysis, property management, and project management.
| Leasing Manager | Real Estate Manager | |
| Yearly salary | $47,633 | $86,874 |
| Hourly rate | $22.90 | $41.77 |
| Growth rate | 3% | 3% |
| Number of jobs | 16,376 | 24,751 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 69% |
| 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 Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
Leasing managers and real estate managers have different pay scales, as shown below.
| Leasing Manager | Real Estate Manager | |
| Average salary | $47,633 | $86,874 |
| Salary range | Between $30,000 And $75,000 | Between $58,000 And $129,000 |
| 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 | Finance |
There are a few differences between a leasing manager and a real estate manager in terms of educational background:
| Leasing Manager | Real Estate Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing managers' and real estate managers' demographics:
| Leasing Manager | Real Estate Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 59.2% Female, 40.8% |
| 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, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |