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The differences between leasing professionals and property administrators 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 property administrator. Additionally, a property administrator has an average salary of $39,619, 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 property administrator are property management, customer service, and office equipment.
| Leasing Professional | Property Administrator | |
| Yearly salary | $32,944 | $39,619 |
| Hourly rate | $15.84 | $19.05 |
| Growth rate | 3% | 3% |
| Number of jobs | 48,976 | 56,820 |
| Job satisfaction | 5 | 4 |
| 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 property administrator is responsible for performing administrative and clerical duties for real estate and property companies. Property administrators coordinate with prospective clients to inform them about the property and offers tours to give a better view of the location. They assist in preparing contracts, processing documents, administering payments, and resolving rent discrepancies. A property administrator also handles calls for regular maintenance of the property, ensuring the safety and security of the premises and negotiating maintenance services with contractors.
Leasing professionals and property administrators have different pay scales, as shown below.
| Leasing Professional | Property Administrator | |
| Average salary | $32,944 | $39,619 |
| Salary range | Between $26,000 And $40,000 | Between $27,000 And $57,000 |
| Highest paying City | Boston, MA | Bellevue, WA |
| Highest paying state | Massachusetts | Connecticut |
| Best paying company | Aldon | BGC Partners |
| Best paying industry | Finance | Real Estate |
There are a few differences between a leasing professional and a property administrator in terms of educational background:
| Leasing Professional | Property Administrator | |
| 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 property administrators' demographics:
| Leasing Professional | Property Administrator | |
| Average age | 48 | 48 |
| Gender ratio | Male, 31.7% Female, 68.3% | Male, 30.5% Female, 69.5% |
| 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, 17.2% Asian, 5.2% White, 64.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |