Leasing Agent Salary

For Leasing Agents, hourly average wages total $12.18 per hour. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Most workers in this position report high levels of job satisfaction. Although a majority have medical coverage and just over two-fifths have dental coverage, two in five claim no health benefits at all. The vast majority of Leasing Agents (85 percent) who responded to the survey are women. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$22,398 - $48,969
(Median)
$22K
$31K
$49K
MEDIAN: $31,307
10%
50%
90%

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$9.74 - $15.59
(Median)
$9
$12
$16
MEDIAN: $12.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17K$34K$51K
Salary
$22,398 - $48,969  
   
Bonus
$0.00 - $5,757  
Commission
$144.26 - $10,347  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$20,866 - $39,395  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 172
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$9$18$27
Hourly Rate
$9.74 - $15.59  
   
Overtime
$12.66 - $25.67  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18K$36K$54K
Bonus
$0.00 - $5,757  
   
Commission
$144.26 - $10,347  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$20,866 - $39,395  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 582
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Job Description for Leasing Agent

Leasing agents are responsible for assisting property managers in the leasing of apartments and other rental properties. They are in charge of marketing openings to potential clients on behalf of the property management, serving as the point of contact for clients searching for rentals, meeting with clients face to face, and providing site tours as requested. They also work with various marketing outlets such as newspapers and television stations to get advertisements out in a timely manner. Leasing agents also assist with rental paperwork and background checks. Additionally, they provide assistance to property managers related to rented properties, performing tasks such as collecting rent, organizing repairs, and handling renters' issues.

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Leasing Agent Tasks

  • Screen applicants, collect deposits, and handle leasing applications, contracts, and renewals.
  • Assist with advertising available units, update listings, design ads, and conduct tours.
  • Provide information about units to potential renters.
  • Help customers understand leasing contracts and fill out paperwork correctly.

Common Career Paths for Leasing Agent


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Leasing Agents may progress into high-paying roles like Community Association Manager, where median compensation is $44K annually. Leasing Agents typically move into roles as Property Managers or Assistant Property Managers, and those positions pay $14K more and $8K more, respectively.

Leasing Agent Job Listings

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Popular Skills for Leasing Agent


Leasing Agents report using a wide range of professional skills. Most notably, skills in Real Estate, Customer Relationship Management, Leasing Software, and Customer Relations are correlated to pay that is above average, with boosts between 4 percent and 20 percent. At the other end of the pay range are skills like Property Management. Most people who know Customer Service also know Customer Relations.

Pay by Experience Level for Leasing Agent

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Survey participants with less than five years' experience pocket $27K on average, but those with five to 10 years of experience enjoy a much bigger median of $30K. Leasing Agents with one to two decades of relevant experience report an average salary of approximately $32K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $31K on average.

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Experience Affects Leasing Agent Salaries


Late-Career
up arrow 13%


National Average
$28,000


Skills That Affect Leasing Agent Salaries

Real Estate
up arrow 20%

Customer Relationship Management (CRM)
up arrow 19%

Customer Relations
up arrow 4%

Leasing Software
up arrow 4%

Sales
up arrow 3%

Account Management
up arrow 1%

Customer Service
0%

National Average
$28,000

Property Management
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 103 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
13%
1-4 years
60%
5-9 years
17%
10-19 years
8%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 58% dental benefits Dental: 43%
vision benefits Vision: 31% employee benefits None: 40%
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