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Real estate administrator vs lease administrator

The differences between real estate administrators and lease administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a real estate administrator and a lease administrator. Additionally, a lease administrator has an average salary of $54,245, which is higher than the $50,512 average annual salary of a real estate administrator.

The top three skills for a real estate administrator include customer service, administrative tasks and management reports. The most important skills for a lease administrator are lease management, property management, and landlords.

Real estate administrator vs lease administrator overview

Real Estate AdministratorLease Administrator
Yearly salary$50,512$54,245
Hourly rate$24.28$26.08
Growth rate3%3%
Number of jobs68,99051,539
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 62%
Average age4848
Years of experience66

What does a real estate administrator do?

A real estate administrator is responsible for performing administrative and clerical duties to assist real estate agents in closing property sales and manage clients' real estate documents. Real estate administrators connect with clients to schedule appointments, inform them of any updates, and write transaction reports. They also join the real estate agents in the property inspection to ensure the location's safety and security according to the clients' requirements. A real estate administrator must have excellent communication and organizational skills, especially in sorting files and documents and coordinating transactions.

What does a lease administrator do?

A Lease Administrator is responsible for processing lease documents and managing the property requirements. They monitor the business and financial transactions for lease properties, inspect the facilities' conditions, and identify areas that would need renovations. They also reach out to potential clients, create marketing and promotional campaigns, and ensure that all the bills are posted accurately on the database. A Lease Administrator performs clerical and administrative duties as needed, requiring them to have excellent communication and organizational skills, especially in interacting with customers and property owners.

Real estate administrator vs lease administrator salary

Real estate administrators and lease administrators have different pay scales, as shown below.

Real Estate AdministratorLease Administrator
Average salary$50,512$54,245
Salary rangeBetween $38,000 And $66,000Between $42,000 And $69,000
Highest paying City-Baltimore, MD
Highest paying state-Connecticut
Best paying company-Ross Stores
Best paying industry-Hospitality

Differences between real estate administrator and lease administrator education

There are a few differences between a real estate administrator and a lease administrator in terms of educational background:

Real Estate AdministratorLease Administrator
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate administrator vs lease administrator demographics

Here are the differences between real estate administrators' and lease administrators' demographics:

Real Estate AdministratorLease Administrator
Average age4848
Gender ratioMale, 18.3% Female, 81.7%Male, 21.0% Female, 79.0%
Race ratioBlack 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%Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.2% White, 63.9% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate administrator and lease administrator duties and responsibilities

Real estate administrator example responsibilities.

  • Accomplish and submit financial reports to promote positive cash flow and return on investment (ROI).
  • Manage records, and correspondences to meet or surpass filings to courts, CPA's, and legal counsels.
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Process tenant move-in and move-out forms and ensure that the tenant accounts are properly reflect in MRI; maintain stacking plans.
  • Assist with office marketing through materials and PowerPoint.
  • Assist broker with escrow transactions and update MLS.
  • Show more

Lease administrator example responsibilities.

  • Manage and review final lease information enter into real estate database (YARDI) and lease files.
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Research and resolve A/R and A/P.
  • Abstract lease information and input into YARDI.
  • Review daily workflow to ensure GAAP and internal compliance.
  • Prepare both new HUD paperwork and recertification paperwork for residents' signature.
  • Show more

Real estate administrator vs lease administrator skills

Common real estate administrator skills
  • Customer Service, 19%
  • Administrative Tasks, 14%
  • Management Reports, 10%
  • Budget Preparation, 10%
  • Insurance Certificates, 9%
  • Phone Support, 8%
Common lease administrator skills
  • Lease Management, 10%
  • Property Management, 10%
  • Landlords, 8%
  • Lease Administration, 8%
  • Yardi, 6%
  • Reconciliations, 6%

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