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Property manager vs leasing consultant

The differences between property managers and leasing consultants 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 consultant. Additionally, a property manager has an average salary of $49,958, which is higher than the $32,729 average annual salary of a leasing consultant.

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

Property manager vs leasing consultant overview

Property ManagerLeasing Consultant
Yearly salary$49,958$32,729
Hourly rate$24.02$15.74
Growth rate3%3%
Number of jobs15,40211,371
Job satisfaction55
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 48%
Average age4848
Years of experience66

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.

What does a leasing consultant do?

A Leasing Consultant specializes in helping property owners secure tenants for their rental properties. Most of the responsibilities include coordinating with landlords to find suitable occupants, posting rental notices and advertisements on various platforms, and monitor the quality of every rental property. Furthermore, Leasing Consultants must ensure that the tenants will be able to uphold the leasing agreements by screening potential applications through particular requirements, evaluating and verifying the applicant's documentation, and negotiating the contract terms.

Property manager vs leasing consultant salary

Property managers and leasing consultants have different pay scales, as shown below.

Property ManagerLeasing Consultant
Average salary$49,958$32,729
Salary rangeBetween $34,000 And $72,000Between $26,000 And $39,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew JerseyConnecticut
Best paying companyNokiaThe Next Level
Best paying industryProfessionalFinance

Differences between property manager and leasing consultant education

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

Property ManagerLeasing Consultant
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Property manager vs leasing consultant demographics

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

Property ManagerLeasing Consultant
Average age4848
Gender ratioMale, 38.1% Female, 61.9%Male, 22.2% Female, 77.8%
Race ratioBlack 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, 17.7% Asian, 5.3% White, 63.7% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between property manager and leasing consultant duties and responsibilities

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 consultant example responsibilities.

  • Certify Chrysler sales, managing internet leads, follow up, generating new sales with referrals
  • Manage all communications and data utilizing OneSite.
  • Develop long-term relationships with Lexus clientele in which transition into success at Toyota.
  • Post to Instagram and Facebook daily.
  • Post charges and concessions to resident ledgers using YARDI operating system.
  • Implement new creative marketing strategies and operate the Facebook social media!
  • Show more

Property manager vs leasing consultant skills

Common property manager skills
  • Customer Service, 15%
  • Property Management, 14%
  • Financial Reports, 7%
  • Real Estate, 6%
  • Yardi, 6%
  • Resident Retention, 3%
Common leasing consultant skills
  • Customer Service, 26%
  • Property Management, 9%
  • Yardi, 6%
  • Data Entry, 6%
  • Product Knowledge, 4%
  • Phone Calls, 4%

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