Let's say you have a property, a house, that you want to open for rentals, but you do not know where to start. Should you post an advertisement online? But how will you screen potential lessors or tenants? Should you ask around people you know if they would like to rent it? But what if you do not have a big circle, or if no one is interested? One person who can definitely help you out in this is the leasing specialist.
Leasing specialists handle the property on behalf of the owner or the landlord. They represent the owner when talking to potential or even existing tenants. They ensure fair and competitive pricing based on the current market value and competitor value. They assist tenants in filling out the necessary paperwork and may negotiate with them for better prices. Leasing specialists will also assist tenants during their oculars and in making their applications for rentals.
If you have extensive knowledge about property management, this role is for you. You would also need to be approachable and have a friendly demeanor to get the trust of clients.
There is more than meets the eye when it comes to being a leasing specialist. For example, did you know that they make an average of $14.3 an hour? That's $29,742 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 32,400 job opportunities across the U.S.
There are certain skills that many leasing specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed business skills, interpersonal skills and organizational skills.
When it comes to the most important skills required to be a leasing specialist, we found that a lot of resumes listed 25.7% of leasing specialists included prospective residents, while 21.3% of resumes included customer service, and 7.0% of resumes included property management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the leasing specialist job title. But what industry to start with? Most leasing specialists actually find jobs in the real estate and finance industries.
If you're interested in becoming a leasing specialist, one of the first things to consider is how much education you need. We've determined that 42.0% of leasing specialists have a bachelor's degree. In terms of higher education levels, we found that 6.3% of leasing specialists have master's degrees. Even though some leasing specialists have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a leasing specialist. When we researched the most common majors for a leasing specialist, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on leasing specialist resumes include associate degree degrees or master's degree degrees.
You may find that experience in other jobs will help you become a leasing specialist. In fact, many leasing specialist jobs require experience in a role such as leasing consultant. Meanwhile, many leasing specialists also have previous career experience in roles such as sales associate or customer service representative.