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The differences between property managers and leasing agents 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 manager and a leasing agent. Additionally, a property manager has an average salary of $49,958, which is higher than the $33,660 average annual salary of a leasing agent.
The top three skills for a property manager include customer service, property management and financial reports. The most important skills for a leasing agent are customer service, property management, and yardi.
| Property Manager | Leasing Agent | |
| Yearly salary | $49,958 | $33,660 |
| Hourly rate | $24.02 | $16.18 |
| Growth rate | 3% | 3% |
| Number of jobs | 15,402 | 32,462 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 45% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
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.
A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms. Moreover, a leasing agent also acts as the landlord because they serve as the tenants' point of contact regarding issues and concerns, conduct property inspections, and manage the properties' maintenance operations, coordinating with the owners regularly.
Property managers and leasing agents have different pay scales, as shown below.
| Property Manager | Leasing Agent | |
| Average salary | $49,958 | $33,660 |
| Salary range | Between $34,000 And $72,000 | Between $27,000 And $41,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Nokia | CFM International |
| Best paying industry | Professional | Retail |
There are a few differences between a property manager and a leasing agent in terms of educational background:
| Property Manager | Leasing Agent | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between property managers' and leasing agents' demographics:
| Property Manager | Leasing Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.1% Female, 61.9% | Male, 25.4% Female, 74.6% |
| Race ratio | 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% | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |