Post job

Licensed realtor vs apartment leasing agent

The differences between licensed realtors and apartment leasing agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed realtor has an average salary of $38,029, which is higher than the $32,765 average annual salary of an apartment leasing agent.

The top three skills for a licensed realtor include residential real estate, purchase agreements and lead generation. The most important skills for an apartment leasing agent are property management, apartment community, and security deposits.

Licensed realtor vs apartment leasing agent overview

Licensed RealtorApartment Leasing Agent
Yearly salary$38,029$32,765
Hourly rate$18.28$15.75
Growth rate5%5%
Number of jobs17,42931,888
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 41%
Average age4949
Years of experience--

What does a licensed realtor do?

A real estate agent is responsible for helping a client sell, rent, or buy a property such as land, houses, and buildings according to what they want. They are the ones who give accurate guidance and advice to clients on how they can sell or promote their property in the market. Agents also work with clients to negotiate pricing. The real estate agent checks and sees to it that all documents and other information needed are furnished to ensure the seller's credibility and truthfulness.

What does an apartment leasing agent do?

Apartment leasing agents are professionals who are working on behalf of apartment owners to find potential tenants. The agents manage the signing of leases and provide existing tenants with customer service. They identify their wants and needs for property and their economic viability. Their duties tend to overlap those of the property managers as they maintain the habitation suitability of apartments. It is their initiative to advertise any apartment or property vacancy on the market.

Licensed realtor vs apartment leasing agent salary

Licensed realtors and apartment leasing agents have different pay scales, as shown below.

Licensed RealtorApartment Leasing Agent
Average salary$38,029$32,765
Salary rangeBetween $27,000 And $52,000Between $26,000 And $40,000
Highest paying CityAustin, TX-
Highest paying stateNew York-
Best paying companyPaññã-
Best paying industryReal Estate-

Differences between licensed realtor and apartment leasing agent education

There are a few differences between a licensed realtor and an apartment leasing agent in terms of educational background:

Licensed RealtorApartment Leasing Agent
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common college--

Licensed realtor vs apartment leasing agent demographics

Here are the differences between licensed realtors' and apartment leasing agents' demographics:

Licensed RealtorApartment Leasing Agent
Average age4949
Gender ratioMale, 38.3% Female, 61.7%Male, 21.1% Female, 78.9%
Race ratioBlack or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.2% White, 70.5% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between licensed realtor and apartment leasing agent duties and responsibilities

Licensed realtor example responsibilities.

  • Monitor and manage inventory of all outlying properties for inspections and listings, maintaining MLS for properties across the agency.
  • Specialize in management, marketing, analysis, repairs and sale of REO properties.
  • Conduct research and develop computer reports on MLS listings in order to create comparative reports and advertising for prospective transactions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Attend closings, review mortgage packages and HUD statements, negotiate unresolve disputes.
  • Prepare preliminary HUD statements and all closing documents.
  • Show more

Apartment leasing agent example responsibilities.

  • Lead the operations of a field enforcement office responsible for investigating violations of federal statutes enforce by ATF.
  • Conduct social media programs and create Craigslist advertising on a consistent basis.
  • Post rents, collect delinquencies, handle evictions, and lease renewals.
  • Handle a numerous variety of general complaints, last-minute schedule changes, payment dues going unpaid, and evictions.
  • Review SARs for investigative potential and interact with personnel of financial institutions to ensure compliance with subpoenas.
  • Direct web-base marketing initiatives and implement social media strategies to increase Facebook traffic through increase resident participation.

Licensed realtor vs apartment leasing agent skills

Common licensed realtor skills
  • Residential Real Estate, 32%
  • Purchase Agreements, 9%
  • Lead Generation, 6%
  • Real Estate Market, 5%
  • Sales Contracts, 5%
  • Property Inspections, 4%
Common apartment leasing agent skills
  • Property Management, 19%
  • Apartment Community, 9%
  • Security Deposits, 8%
  • Lease Apartments, 8%
  • Yardi, 7%
  • Customer Service, 6%