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Leasing specialist vs property manager

The differences between leasing specialists and property managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a property manager has an average salary of $49,958, which is higher than the $37,876 average annual salary of a leasing specialist.

The top three skills for a leasing specialist include customer service, property management and yardi. The most important skills for a property manager are customer service, property management, and financial reports.

Leasing specialist vs property manager overview

Leasing SpecialistProperty Manager
Yearly salary$37,876$49,958
Hourly rate$18.21$24.02
Growth rate5%3%
Number of jobs25,21315,402
Job satisfaction-5
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 50%
Average age4948
Years of experience-6

What does a leasing specialist do?

A leasing specialist is responsible for coordinating with tenants and property owners to sell properties, review lease terms, handle contract negotiation, and manage disputes. Leasing specialists develop strategic techniques to promote properties in the market, respond to potential clients' inquiries and concerns, and discuss rental agreements. They also inspect the condition of the facility, identify parts needing repairs, and assist tenants with their moving-in requirements. A leasing specialist must have excellent communication and organizational skills, especially in organizing and filing documents timely and ensuring its adherence to regulatory policies.

What does a property manager do?

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 specialist vs property manager salary

Leasing specialists and property managers have different pay scales, as shown below.

Leasing SpecialistProperty Manager
Average salary$37,876$49,958
Salary rangeBetween $24,000 And $57,000Between $34,000 And $72,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew Jersey
Best paying companyFNBNokia
Best paying industryRetailProfessional

Differences between leasing specialist and property manager education

There are a few differences between a leasing specialist and a property manager in terms of educational background:

Leasing SpecialistProperty Manager
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common college-University of Southern California

Leasing specialist vs property manager demographics

Here are the differences between leasing specialists' and property managers' demographics:

Leasing SpecialistProperty Manager
Average age4948
Gender ratioMale, 30.9% Female, 69.1%Male, 38.1% Female, 61.9%
Race ratioBlack or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%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 Percentage13%12%

Differences between leasing specialist and property manager duties and responsibilities

Leasing specialist example responsibilities.

  • Lead the operations of a field enforcement office responsible for investigating violations of federal statutes enforce by ATF.
  • Maintain traffic data in YARDI to aide in effective advertisement.
  • Post availability daily on Craigslist.
  • Determine program eligibility for Medicaid, food stamp and cash benefits in accordance with current regulations using the computer-based eligibility system.
  • Conduct research using online federal regulations, review Medicare and Medicaid policy and guidelines to complete an accurate and well-support decision.
  • Create monthly calendar, keep up with IPA Facebook, and all online advertising, and perform monthly marketing survey.
  • Show more

Property manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Update resident and unit information utilizing property management software (OneSite )
  • Maintain OSHA files, employee files, payroll files and staff PTO accruals.
  • Record journal entries for accruals.
  • Process applications and coordinate lease signing with new residents in YARDI.
  • Show more

Leasing specialist vs property manager skills

Common leasing specialist skills
  • Customer Service, 29%
  • Property Management, 10%
  • Yardi, 9%
  • Resident Retention, 6%
  • Scheduling Appointments, 6%
  • Market Surveys, 4%
Common property manager skills
  • Customer Service, 15%
  • Property Management, 14%
  • Financial Reports, 7%
  • Real Estate, 6%
  • Yardi, 6%
  • Resident Retention, 3%