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The differences between regional property managers and leasing agents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a regional property manager and a leasing agent. Additionally, a regional property manager has an average salary of $79,788, which is higher than the $33,660 average annual salary of a leasing agent.
The top three skills for a regional property manager include property management, portfolio and customer service. The most important skills for a leasing agent are customer service, property management, and yardi.
| Regional Property Manager | Leasing Agent | |
| Yearly salary | $79,788 | $33,660 |
| Hourly rate | $38.36 | $16.18 |
| Growth rate | 3% | 3% |
| Number of jobs | 35,266 | 32,462 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 45% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A regional property manager is in charge of overseeing the maintenance and operations of commercial and residential properties in a particular area, ensuring efficiency and smooth workflow. Their responsibilities include setting goals and objectives, coordinating with staff, managing budgets and schedules, producing progress reports and presentations for the executives, and resolving issues promptly and efficiently. Furthermore, a regional property manager spearheads the efforts put into advertising properties for potential clients, approving applications, and terminating leases, all while implementing the company's policies and regulations.
A leasing agent primarily works to assist and represent property owners when finding and managing tenants. They are in charge of advertising and promoting the properties in different areas or platforms, developing marketing strategies, coordinating with applicants, gathering their requirements, verifying the applicants' paperwork and references, and negotiating leasing terms. Moreover, a leasing agent also acts as the landlord because they serve as the tenants' point of contact regarding issues and concerns, conduct property inspections, and manage the properties' maintenance operations, coordinating with the owners regularly.
Regional property managers and leasing agents have different pay scales, as shown below.
| Regional Property Manager | Leasing Agent | |
| Average salary | $79,788 | $33,660 |
| Salary range | Between $56,000 And $113,000 | Between $27,000 And $41,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | D.R. Horton | CFM International |
| Best paying industry | Professional | Retail |
There are a few differences between a regional property manager and a leasing agent in terms of educational background:
| Regional Property Manager | Leasing Agent | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between regional property managers' and leasing agents' demographics:
| Regional Property Manager | Leasing Agent | |
| Average age | 48 | 48 |
| Gender ratio | Male, 41.0% Female, 59.0% | Male, 25.4% Female, 74.6% |
| Race ratio | Black or African American, 9.5% Unknown, 4.2% Hispanic or Latino, 16.2% Asian, 5.5% White, 64.0% American Indian and Alaska Native, 0.6% | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 5.3% White, 63.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |