Leasing professional vs resident manager

The differences between leasing professionals and resident 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 resident manager. Additionally, a resident manager has an average salary of $50,811, 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 resident manager are resident care, CPR, and medication administration.

Leasing professional vs resident manager overview

	Leasing Professional	Resident Manager
Yearly salary	$32,944	$50,811
Hourly rate	$15.84	$24.43
Growth rate	3%	3%
Number of jobs	48,976	17,468
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 48%
Average age	48	48
Years of experience	6	6

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 resident manager do?

A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

Leasing professional vs resident manager salary

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

	Leasing Professional	Resident Manager
Average salary	$32,944	$50,811
Salary range	Between $26,000 And $40,000	Between $31,000 And $82,000
Highest paying City	Boston, MA	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	Aldon	Westinghouse Appliances Australia
Best paying industry	Finance	Internet

Differences between leasing professional and resident manager education

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

	Leasing Professional	Resident Manager
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Leasing professional vs resident manager demographics

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

	Leasing Professional	Resident Manager
Average age	48	48
Gender ratio	Male, 31.7% Female, 68.3%	Male, 39.6% Female, 60.4%
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, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between leasing professional and resident 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.

Resident manager example responsibilities.

Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
Experience in Onesite system software.
Collect and post rent into YARDI.

Leasing professional vs resident manager skills

Common leasing professional skills

Customer Service, 25%
Yardi, 6%
Property Tours, 6%
Lease Renewals, 5%
Work Ethic, 4%
Background Checks, 4%

Common resident manager skills

Resident Care, 10%
CPR, 8%
Medication Administration, 7%
Developmental Disabilities, 6%
Crisis Intervention, 5%
Property Management, 5%

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Executive Management Industry
Leasing Professional
Leasing Professional vs Resident Manager

Updated January 8, 2025

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