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Real estate administrator vs leasing manager

The differences between real estate administrators 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 real estate administrator and a leasing manager. Additionally, a real estate administrator has an average salary of $50,512, which is higher than the $47,633 average annual salary of a leasing manager.

The top three skills for a real estate administrator include customer service, administrative tasks and management reports. The most important skills for a leasing manager are customer service, resident retention, and real estate.

Real estate administrator vs leasing manager overview

Real Estate AdministratorLeasing Manager
Yearly salary$50,512$47,633
Hourly rate$24.28$22.90
Growth rate3%3%
Number of jobs68,99016,376
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 60%
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 leasing manager do?

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.

Real estate administrator vs leasing manager salary

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

Real Estate AdministratorLeasing Manager
Average salary$50,512$47,633
Salary rangeBetween $38,000 And $66,000Between $30,000 And $75,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Meta
Best paying industry-Finance

Differences between real estate administrator and leasing manager education

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

Real Estate AdministratorLeasing Manager
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate administrator vs leasing manager demographics

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

Real Estate AdministratorLeasing Manager
Average age4848
Gender ratioMale, 18.3% Female, 81.7%Male, 38.2% Female, 61.8%
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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.3% Asian, 5.2% White, 64.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between real estate administrator and leasing manager 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

Leasing manager example responsibilities.

  • Post on Craigslist, manage and maintain insurance, pest control, and electric accounts for all residents.
  • Prepare all NYCHA & HPD S8 application packages for quick transition.
  • Prepare files for HPD and HDC approval of low/moderate income applicants.
  • Screen prospective residents and guarantors in OneSite for passing background and credit score reports.
  • Work with a completely paper-less system utilizing all features of the newest OneSite operating system.
  • Perform database management using Yardi.
  • Show more

Real estate administrator vs leasing manager 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 leasing manager skills
  • Customer Service, 24%
  • Resident Retention, 11%
  • Real Estate, 10%
  • Property Management, 8%
  • Resident Relations, 7%
  • Yardi, 5%

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