Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between leasing professionals and property management specialists 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 management specialist. Additionally, a property management specialist has an average salary of $45,835, 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 management specialist are property management, customer service, and real estate.
| Leasing Professional | Property Management Specialist | |
| Yearly salary | $32,944 | $45,835 |
| Hourly rate | $15.84 | $22.04 |
| Growth rate | 3% | 3% |
| Number of jobs | 48,976 | 74,282 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 57% |
| 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 management specialist is responsible for managing the contracts and leasing opportunities for residential and commercial properties to potential tenants. Property management specialists evaluate the value of the properties according to market performance and determine the eligibility of tenant applicants in acquiring the property. They also inspect the condition of the property's overall facilities to identify possible repairs and renovations to ensure the safety and security of the tenants. A property management specialist must have excellent communication and organizational skills, especially in processing documents and organizing billing reports.
Leasing professionals and property management specialists have different pay scales, as shown below.
| Leasing Professional | Property Management Specialist | |
| Average salary | $32,944 | $45,835 |
| Salary range | Between $26,000 And $40,000 | Between $27,000 And $77,000 |
| Highest paying City | Boston, MA | San Rafael, CA |
| Highest paying state | Massachusetts | Connecticut |
| Best paying company | Aldon | Meta |
| Best paying industry | Finance | Insurance |
There are a few differences between a leasing professional and a property management specialist in terms of educational background:
| Leasing Professional | Property Management Specialist | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 57% |
| 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 management specialists' demographics:
| Leasing Professional | Property Management Specialist | |
| Average age | 48 | 48 |
| Gender ratio | Male, 31.7% Female, 68.3% | Male, 50.7% Female, 49.3% |
| 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, 8.8% Unknown, 4.1% Hispanic or Latino, 16.9% Asian, 5.3% White, 64.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |