Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between leasing professionals and property 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 property manager. Additionally, a property manager has an average salary of $49,958, 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 manager are customer service, property management, and financial reports.
| Leasing Professional | Property Manager | |
| Yearly salary | $32,944 | $49,958 |
| Hourly rate | $15.84 | $24.02 |
| Growth rate | 3% | 3% |
| Number of jobs | 48,976 | 15,402 |
| Job satisfaction | 5 | 5 |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 50% |
| 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.
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
Leasing professionals and property managers have different pay scales, as shown below.
| Leasing Professional | Property Manager | |
| Average salary | $32,944 | $49,958 |
| Salary range | Between $26,000 And $40,000 | Between $34,000 And $72,000 |
| Highest paying City | Boston, MA | New York, NY |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | Aldon | Nokia |
| Best paying industry | Finance | Professional |
There are a few differences between a leasing professional and a property manager in terms of educational background:
| Leasing Professional | Property Manager | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 50% |
| 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 managers' demographics:
| Leasing Professional | Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 31.7% Female, 68.3% | Male, 38.1% Female, 61.9% |
| 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, 8.5% 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% |