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Real estate management specialist vs leasing consultant

The differences between real estate management specialists 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 real estate management specialist and a leasing consultant. Additionally, a real estate management specialist has an average salary of $93,166, which is higher than the $32,729 average annual salary of a leasing consultant.

The top three skills for a real estate management specialist include customer service, customer satisfaction and residential real estate. The most important skills for a leasing consultant are customer service, property management, and yardi.

Real estate management specialist vs leasing consultant overview

Real Estate Management SpecialistLeasing Consultant
Yearly salary$93,166$32,729
Hourly rate$44.79$15.74
Growth rate3%3%
Number of jobs74,67511,371
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 48%
Average age4848
Years of experience66

What does a real estate management specialist do?

A real estate management specialist is in charge of developing strategies to optimize real estate operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around overseeing the real estate operations, supervising staff, devising strategies to reach out to potential tenants, and liaising with contractors and other external parties. They may also participate in conducting risk assessments, evaluating lease applications, performing inspections, and producing progress reports and presentations. Furthermore, as a real estate management specialist, it is essential to coordinate with teams and implement the company's policies and regulations.

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.

Real estate management specialist vs leasing consultant salary

Real estate management specialists and leasing consultants have different pay scales, as shown below.

Real Estate Management SpecialistLeasing Consultant
Average salary$93,166$32,729
Salary rangeBetween $66,000 And $130,000Between $26,000 And $39,000
Highest paying CityBaltimore, MDNew York, NY
Highest paying stateConnecticutConnecticut
Best paying companyGoogleThe Next Level
Best paying industryFinanceFinance

Differences between real estate management specialist and leasing consultant education

There are a few differences between a real estate management specialist and a leasing consultant in terms of educational background:

Real Estate Management SpecialistLeasing Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate management specialist vs leasing consultant demographics

Here are the differences between real estate management specialists' and leasing consultants' demographics:

Real Estate Management SpecialistLeasing Consultant
Average age4848
Gender ratioMale, 46.2% Female, 53.8%Male, 22.2% Female, 77.8%
Race ratioBlack or African American, 8.8% Unknown, 4.1% Hispanic or Latino, 17.1% Asian, 5.3% White, 64.0% 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 real estate management specialist and leasing consultant duties and responsibilities

Real estate management specialist example responsibilities.

  • Elevate IP awareness lead to increase in invention disclosures and improve cross-functional relationships.
  • Develop relationships with landlords, gaining substantial rental leads contributing to positive occupancy percentages.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Establish and maintain automated and manual accounting records, posts receipts utilizing MAXIMO database.
  • Apply extensive knowledge of construction to estimate writing and review of contractor quotes via Xactimate.
  • Provide lease interpretation to USPS staff, and act as liaison between landlords, facility managers, postmasters and design/construction staff.
  • 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

Real estate management specialist vs leasing consultant skills

Common real estate management specialist skills
  • Customer Service, 48%
  • Customer Satisfaction, 31%
  • Residential Real Estate, 3%
  • Lead Management, 2%
  • Property Management, 2%
  • Real Estate Transactions, 1%
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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