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Leasing Manager/Property Salary (United States)

Those pursuing careers as Property Leasing Managers in the United States may have to make do with less; average incomes for people in this area hover around only $36K annually. Final cash compensation to Property Leasing Managers varies from around $23K to approximately $60K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $50K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Not all workers are lucky enough to have benefits; in fact, over a third are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by just over two-fifths. Men working as Property Leasing Managers are solidly outnumbered, with women representing 78 percent of workers. Most Property Leasing Managers like their work and job satisfaction is high. This overview is derived from replies to PayScale's salary survey.
Leasing Manager/Property Salary (?
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.
)
$24,028 - $61,671
(Median)
24K
30K
36K
46K
62K
MEDIAN: $36,469
10%
25%
50%
75%
90%
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Leasing Manager/Property Salary (?
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.
)
$10.03 - $17.89
(Median)
10
14
16
18
MEDIAN: $13.00
10%
50%
75%
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$21K$42K$63K
Salary
$24,028 - $61,671  
   
Bonus
$0.00 - $9,847  
Profit Sharing
$-0.50 - $49,665  
Commission
$500 - $19,518  
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).
)
$22,849 - $60,360  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 426
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$11$22$33
Hourly Rate
$10.03 - $17.89  
   
Overtime
$7.00 - $26.90  
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$22K$44K$66K
Bonus
$0.00 - $9,847  
   
Commission
$500 - $19,518  
Profit Sharing
$-0.50 - $49,665  
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).
)
$22,849 - $60,360  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 228
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Job Description for Leasing Manager/Property

Real estate companies that manage properties use a leasing manager/property to handle a wide variety of necessary tasks. For residential leasing, the manager is normally assigned to either apartment complexes or a series of leased individual homes. For commercial leasing, the property manager oversees entities such as strip malls and shopping centers for the landlord or real estate deed holder.
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Leasing Manager/Property Tasks
  • Assist tenants in completing lease paperwork, and process deposits and rent payments.
  • Respond to all leads generated within a reasonable amount of time, and maintain documentation of calls and visits.
  • Conduct walk-throughs, and inspect the community grounds and models to ensure cleanliness.
  • Lead tours of the property, and build rapport and follow up with potential tenants.
  • Participate in and implement resident retention programs.

Common Career Paths for Leasing Manager/Property

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Property Leasing Managers who go on to become Commercial Property Managers may see their salaries climb quite a bit. Median pay for Commercial Property Managers is $55K annually. Property Leasing Managers typically move into roles as Property Managers or Property, Real Estate, or Community Association Managers, and those positions pay $6K more and $9K more, respectively.

Leasing Manager/Property Job Listings

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Popular Skills for Leasing Manager/Property

Professional skills reported by Property Leasing Managers are few in number. Property Management and Sales are considered valuable skills and can increase employee pay by 6 percent and 3 percent respectively. Most people who know Property Management also know Customer Service.

Pay by Experience Level for Leasing Manager/Property

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Property Leasing Managers, more experience in the field does not usually mean bigger paychecks. Those in the early stages of their career can expect to make around $32K; however, individuals with five to 10 years of experience bring in $38K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $44K in this role. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $46K on average. In this field, workers tend to have anywhere from one to nine years of experience — of those surveyed, most land within this range. Experienced employees who have 10-20 years of experience make up just under one in five of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining fewer than one in ten.

Pay Difference By Location

New York
up arrow 69%
Houston
up arrow 16%
Atlanta
up arrow 5%
National Average
$35,000
Larger circles over a city indicate a job is popular in that location.
For Property Leasing Managers, New York provides a pay rate that is 69 percent greater than the national average. Property Leasing Managers will also find cushy salaries in Houston (+16 percent) and Atlanta (+5 percent).

Leasing Manager/Property Reviews

What is it like working as a Leasing Manager/Property?
Leasing Manager/Property in Cookeville:
"Feast And Famine."
Pros: I work in property management in a university town. Summer break and Christmas break between semesters are absolutely nuts. I require a degree of pressure to do my best and there is plenty of that. I enjoy the role I play in helping people find their next home. Frankly, I enjoy the amount of control I have over the properties and how they look and perform. The role I play helps feed my ego.
Cons: I dislike: Some evictions. Delivering bad news to someone's front door. How frustrating it can be dealing with entitled tenants. How few real laws there are governing my job.

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Experience Affects Leasing Manager/Property Salaries

Late-Career
up arrow 31%
National Average
$35,000

Skills That Affect Leasing Manager/Property Salaries

Sales
up arrow 3%
National Average
$35,000
Customer Service
up arrow 1%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 116 votes.

Gender

Female
78%
female alumni
 
Male
22%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
44%
5-9 years
27%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 60% dental benefits Dental: 45%
vision benefits Vision: 33% employee benefits None: 38%