Leasing Manager/Property Salary

Property Leasing Managers in the United States may have to scrimp and save; the median compensation is $40K per year. Geography and years of experience each impact pay for this group, with the former having the largest influence. Some workers in this field — one in three — are not awarded benefits. Medical coverage is reported by the larger part and dental plans are enjoyed by around half. Job satisfaction is high and work is enjoyable for most Property Leasing Managers. Men are in the minority of survey respondents, with female Property Leasing Managers making up 78 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$27,624 - $64,327
(Median)
$28K
$40K
$64K
MEDIAN: $39,947
10%
50%
90%

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$10.14 - $18.50
(Median)
$10
$15
$18
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Salary
$27,624 - $64,327  
   
Bonus
$0.00 - $11,000  
Profit Sharing
$950  
Commission
$500 - $22,000  
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).
)
$24,998 - $64,712  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 278
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$10.14 - $18.50  
   
Overtime
$0.00 - $25.68  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$0.00 - $11,000  
   
Commission
$500 - $22,000  
Profit Sharing
$950  
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).
)
$24,998 - $64,712  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 174
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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' salaries may rise greatly for those who assume a higher-end position such as a Commercial Property Manager. The average Commercial Property Manager brings home $56K per year. Becoming a Property Manager is, more often than not, the most common role that Property Leasing Managers move into when they're ready for the next step in their career. The average salary for the position is $42K. Another frequent advance is for Property Leasing Managers to assume an Assistant Property Manager role; in this role, workers often earn $36K.

Leasing Manager/Property Job Listings

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Popular Skills for Leasing Manager/Property


Survey takers who work as Property Leasing Managers report a focused set of job skills. Most notably, skills in Property Management, Sales, Customer Service, and Customer Relations are correlated to pay that is above average. Those listing Customer Relations as a skill should be prepared for drastically lower pay. Customer Service and Sales also typically command lower compensation. Those educated in Customer Service tend to be well versed in Sales.

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, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Salaries for the relatively untried average out to around $33K, but survey participants with five to 10 years of experience earn a significantly higher median of $41K. Property Leasing Managers claiming one to two decades of experience make an estimated median of $43K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $45K.

Leasing Manager/Property Reviews

What is it like working as a Leasing Manager/Property?

Leasing Manager/Property in Pittsburgh:
"March 2015 Review."
Pros: I love working with the people I have become so close with. I feel like this is a family away from home. I have become invested in all of our residents and truly care about their comfort. I love meeting new people on a daily basis. These people are always keeping me on my toes. You never know what to expect.
Cons: There is no assigned description of my job. I never know if it is something I should be doing or someone else should handle. I have people stepping on my toes all the time.

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 21%



National Average
$37,000


Skills That Affect Leasing Manager/Property Salaries

Property Management
up arrow 4%

National Average
$37,000

Sales
up arrow 4%


Customer Relations
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 65 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
4%
1-4 years
42%
5-9 years
26%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 63%
dental benefits
Dental: 49%
medical benefits
Vision: 38%
dental benefits
None: 34%
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