Leasing Manager/Property Salary

Property Leasing Managers in the United States may have to scrimp and save; the median compensation is $39K annually. In the world of Property Leasing Managers, total cash compensation can vary between $25K and $62K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $12K and $50K, respectively. Geography is the biggest factor affecting pay for this group, followed by experience level. For the most part, Property Leasing Managers enjoy their work and report high levels of job satisfaction. Women account for the majority of Property Leasing Managers who took the survey — 81 percent to be exact. Although a majority have medical coverage and just under one-half have dental coverage, over a third claim no health benefits at all. The information for this snapshot was generated by responses to the PayScale salary survey.

$25,826 - $61,806

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$10.22 - $18.73

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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$21K$42K$63K
Salary
$25,826 - $61,806  
   
Bonus
$0.00 - $12,080  
Profit Sharing
$-0.50 - $49,665  
Commission
$497.77 - $20,608  
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).
)
$24,669 - $62,342  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 294
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
$10.22 - $18.73  
   
Overtime
$0.00 - $26.98  
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 - $12,080  
   
Commission
$497.77 - $20,608  
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).
)
$24,669 - $62,342  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 181
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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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At the upper end, Property Leasing Managers who move into a Commercial Property Manager role can end up with a hefty increase in pay. The average income for Commercial Property Managers is a much higher $56K per year. It is not uncommon for a Property Leasing Manager to continue on to become a Property Manager or an Assistant Property Manager.

Leasing Manager/Property Job Listings

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Popular Skills for Leasing Manager/Property


Property Leasing Managers who responded to the survey indicated only a few skills that they use on the job. 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. The majority of those who know Customer Service also know Property Management.

Pay by Experience Level for Leasing Manager/Property

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


Survey participants with less than five years' experience pocket $33K on average, but those with five to 10 years of experience enjoy a much bigger median of $41K. Property Leasing Managers claiming one to two decades of experience make an estimated median of $45K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $44K on average.

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.

Related Job Salaries

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Experience Affects Leasing Manager/Property Salaries


Late-Career
up arrow 22%


National Average
$36,000


Skills That Affect Leasing Manager/Property Salaries

Property Management
up arrow 3%

National Average
$36,000

Sales
up arrow 4%


Customer Relations
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
4%
1-4 years
41%
5-9 years
28%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 60% dental benefits Dental: 46%
vision benefits Vision: 36% employee benefits None: 38%
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