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Real estate agent vs apartment leasing agent

The differences between real estate agents and apartment leasing agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, which is higher than the $32,765 average annual salary of an apartment leasing agent.

The top three skills for a real estate agent include customer service, real estate license and excellent interpersonal. The most important skills for an apartment leasing agent are property management, apartment community, and security deposits.

Real estate agent vs apartment leasing agent overview

Real Estate AgentApartment Leasing Agent
Yearly salary$91,788$32,765
Hourly rate$44.13$15.75
Growth rate5%5%
Number of jobs41,39931,888
Job satisfaction4-
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 41%
Average age4949
Years of experience--

What does a real estate agent do?

A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.

What does an apartment leasing agent do?

Apartment leasing agents are professionals who are working on behalf of apartment owners to find potential tenants. The agents manage the signing of leases and provide existing tenants with customer service. They identify their wants and needs for property and their economic viability. Their duties tend to overlap those of the property managers as they maintain the habitation suitability of apartments. It is their initiative to advertise any apartment or property vacancy on the market.

Real estate agent vs apartment leasing agent salary

Real estate agents and apartment leasing agents have different pay scales, as shown below.

Real Estate AgentApartment Leasing Agent
Average salary$91,788$32,765
Salary rangeBetween $66,000 And $126,000Between $26,000 And $40,000
Highest paying CityLong Beach, NY-
Highest paying stateWest Virginia-
Best paying companySanta Clara Valley Water District-
Best paying industryFinance-

Differences between real estate agent and apartment leasing agent education

There are a few differences between a real estate agent and an apartment leasing agent in terms of educational background:

Real Estate AgentApartment Leasing Agent
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common college--

Real estate agent vs apartment leasing agent demographics

Here are the differences between real estate agents' and apartment leasing agents' demographics:

Real Estate AgentApartment Leasing Agent
Average age4949
Gender ratioMale, 43.4% Female, 56.6%Male, 21.1% Female, 78.9%
Race ratioBlack or African American, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.2% White, 70.5% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate agent and apartment leasing agent duties and responsibilities

Real estate agent example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
  • Create ad campaigns via Google ad-words and Facebook.
  • Determine whether title transfers are assessable for taxation.
  • Learn all phases of real estate ethics, practice and procedures.
  • Review and analyze corporate leases, securities offerings, and secure transactions.
  • Show more

Apartment leasing agent example responsibilities.

  • Lead the operations of a field enforcement office responsible for investigating violations of federal statutes enforce by ATF.
  • Conduct social media programs and create Craigslist advertising on a consistent basis.
  • Post rents, collect delinquencies, handle evictions, and lease renewals.
  • Handle a numerous variety of general complaints, last-minute schedule changes, payment dues going unpaid, and evictions.
  • Review SARs for investigative potential and interact with personnel of financial institutions to ensure compliance with subpoenas.
  • Direct web-base marketing initiatives and implement social media strategies to increase Facebook traffic through increase resident participation.

Real estate agent vs apartment leasing agent skills

Common real estate agent skills
  • Customer Service, 15%
  • Real Estate License, 11%
  • Excellent Interpersonal, 10%
  • Real Estate Market, 10%
  • Open Houses, 7%
  • Develop Marketing Materials, 6%
Common apartment leasing agent skills
  • Property Management, 19%
  • Apartment Community, 9%
  • Security Deposits, 8%
  • Lease Apartments, 8%
  • Yardi, 7%
  • Customer Service, 6%