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The differences between leasing professionals and leasing 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 professional and a leasing manager. Additionally, a leasing manager has an average salary of $47,633, which is higher than the $32,944 average annual salary of a leasing professional.
The top three skills for a leasing professional include customer service, yardi and property tours. The most important skills for a leasing manager are customer service, resident retention, and real estate.
| Leasing Professional | Leasing Manager | |
| Yearly salary | $32,944 | $47,633 |
| Hourly rate | $15.84 | $22.90 |
| Growth rate | 3% | 3% |
| Number of jobs | 48,976 | 16,376 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 60% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A Leasing Professional is responsible for handling and coordinating with potential tenants for rental purposes. Leasing Professionals discuss the leasing terms and agreements with the clients, conduct property inspections, and identify possible repairs and renovations. They also evaluate the current market performance to negotiate pricing and payment procedures. A Leasing Professional must have excellent communication and organizational skills, especially in processing lease documents efficiently, responding to clients' inquiries and concerns, and adhering to state regulations and policies.
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.
Leasing professionals and leasing managers have different pay scales, as shown below.
| Leasing Professional | Leasing Manager | |
| Average salary | $32,944 | $47,633 |
| Salary range | Between $26,000 And $40,000 | Between $30,000 And $75,000 |
| Highest paying City | Boston, MA | New York, NY |
| Highest paying state | Massachusetts | New York |
| Best paying company | Aldon | Meta |
| Best paying industry | Finance | Finance |
There are a few differences between a leasing professional and a leasing manager in terms of educational background:
| Leasing Professional | Leasing Manager | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between leasing professionals' and leasing managers' demographics:
| Leasing Professional | Leasing Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 31.7% Female, 68.3% | Male, 38.2% Female, 61.8% |
| Race ratio | 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% | 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% |
| LGBT Percentage | 12% | 12% |