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Leasing professional vs real estate manager

The differences between leasing professionals 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 professional and a real estate manager. Additionally, a real estate manager has an average salary of $86,874, 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 real estate manager are financial analysis, property management, and project management.

Leasing professional vs real estate manager overview

Leasing ProfessionalReal Estate Manager
Yearly salary$32,944$86,874
Hourly rate$15.84$41.77
Growth rate3%3%
Number of jobs48,97624,751
Job satisfaction5-
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 69%
Average age4848
Years of experience66

What does a leasing professional do?

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.

What does a real estate manager do?

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 professional vs real estate manager salary

Leasing professionals and real estate managers have different pay scales, as shown below.

Leasing ProfessionalReal Estate Manager
Average salary$32,944$86,874
Salary rangeBetween $26,000 And $40,000Between $58,000 And $129,000
Highest paying CityBoston, MAHartford, CT
Highest paying stateMassachusettsConnecticut
Best paying companyAldonMcKinsey & Company Inc
Best paying industryFinanceFinance

Differences between leasing professional and real estate manager education

There are a few differences between a leasing professional and a real estate manager in terms of educational background:

Leasing ProfessionalReal Estate Manager
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Leasing professional vs real estate manager demographics

Here are the differences between leasing professionals' and real estate managers' demographics:

Leasing ProfessionalReal Estate Manager
Average age4848
Gender ratioMale, 31.7% Female, 68.3%Male, 59.2% Female, 40.8%
Race ratioBlack 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, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between leasing professional and real estate manager duties and responsibilities

Leasing professional example responsibilities.

  • Manage marketing across multiple channels (website, craigslist, on-site, social media, etc . )
  • Assist with the office duties, booking appointments for tenant rentals, posting photo to craigslist.
  • Follow up to ensure that all collect documentation are accurate, calculate and enter into Yardi and AS400 programs.
  • Record all resident activities, complaints, and concerns into OneSite software and directing attention of the issues to upper management.
  • Input prospects and applications into Onesite
  • Contact customers regarding sensitive issues such as evictions and collections with proper follow-up for timely payment.
  • Show more

Real estate manager example responsibilities.

  • Manage the submittal of all require documents for construction NTP.
  • Lead SEO efforts for primary corporate site, improving organic and paid traffic.
  • Coordinate and manage the NEPA, SHPO, FAA and FCC approval process.
  • Manage $20M budget and all fiscal functions including payroll, A/R, and A/P.
  • Manage and own the entire process from issue of RFDS to obtaining NTP from tower owner.
  • Manage leasing process of market price, tax credit, public housing programs as well as HUD apartments.
  • Show more

Leasing professional vs real estate manager skills

Common leasing professional skills
  • Customer Service, 25%
  • Yardi, 6%
  • Property Tours, 6%
  • Lease Renewals, 5%
  • Work Ethic, 4%
  • Background Checks, 4%
Common real estate manager skills
  • Financial Analysis, 10%
  • Property Management, 10%
  • Project Management, 8%
  • Oversight, 6%
  • Due Diligence, 6%
  • Customer Service, 6%

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