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The differences between property management specialists and leasing 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 property management specialist and a leasing manager. Additionally, a leasing manager has an average salary of $47,633, which is higher than the $45,835 average annual salary of a property management specialist.
The top three skills for a property management specialist include property management, customer service and real estate. The most important skills for a leasing manager are customer service, resident retention, and real estate.
| Property Management Specialist | Leasing Manager | |
| Yearly salary | $45,835 | $47,633 |
| Hourly rate | $22.04 | $22.90 |
| Growth rate | 3% | 3% |
| Number of jobs | 74,282 | 16,376 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 60% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A property management specialist is responsible for managing the contracts and leasing opportunities for residential and commercial properties to potential tenants. Property management specialists evaluate the value of the properties according to market performance and determine the eligibility of tenant applicants in acquiring the property. They also inspect the condition of the property's overall facilities to identify possible repairs and renovations to ensure the safety and security of the tenants. A property management specialist must have excellent communication and organizational skills, especially in processing documents and organizing billing reports.
A leasing manager is responsible for processing the lease requirements of multiple properties for potential renters and ensuring that all documents are filed accurately, following the standards of property management and clients' qualifications. Leasing managers develop marketing campaigns to advertise leasing properties through media relations and posting on social media platforms. They respond to the potential renters' inquiries and concerns, negotiate contract agreements, inspect the property's location for safety and security, and conduct regular reviews of monetary requirements.
Property management specialists and leasing managers have different pay scales, as shown below.
| Property Management Specialist | Leasing Manager | |
| Average salary | $45,835 | $47,633 |
| Salary range | Between $27,000 And $77,000 | Between $30,000 And $75,000 |
| Highest paying City | San Rafael, CA | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Meta | Meta |
| Best paying industry | Insurance | Finance |
There are a few differences between a property management specialist and a leasing manager in terms of educational background:
| Property Management Specialist | Leasing Manager | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between property management specialists' and leasing managers' demographics:
| Property Management Specialist | Leasing Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 8.8% Unknown, 4.1% Hispanic or Latino, 16.9% Asian, 5.3% White, 64.3% American Indian and Alaska Native, 0.6% | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |