Leasing Manager/Property Salary

Property Leasing Managers in the United States may have to scrimp and save; the median compensation is $39K per year. In the world of Property Leasing Managers, overall cash allowance can occasionally include more than $10K from bonuses and, in some exceptional cases, $49K from profit sharing, causing incomes to vary widely between $24K and $62K. Geography and career length each impact pay for this group, with the former having the largest influence. Health benefits are not enjoyed by everyone in this line of work, and more than a third lack any coverage at all. Medical benefits are reported by a majority and dental coverage is claimed by a little less than one-half. The vast majority of Property Leasing Managers (80 percent) who participated in the survey are women. For the most part, Property Leasing Managers enjoy their work and report high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$25,694 - $61,668
(Median)
$26K
$39K
$62K
MEDIAN: $38,839
10%
50%
90%

Add this chart to your site: 640px    300px

$10.13 - $18.61
(Median)
$10
$15
$19
MEDIAN: $14.00
10%
50%
90%

Add this chart to your site: 640px    300px

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
$25,694 - $61,668  
   
Bonus
$0.00 - $10,338  
Profit Sharing
$-0.50 - $49,316  
Commission
$500 - $20,482  
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).
)
$24,309 - $61,708  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 307
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
$10.13 - $18.61  
   
Overtime
$0.00 - $26.98  
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 - $10,338  
   
Commission
$500 - $20,482  
Profit Sharing
$-0.50 - $49,316  
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).
)
$24,309 - $61,708  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 186
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


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 $56K annually. A Property Leasing Manager often moves on to become a Property Manager or an Assistant Property Manager.

Leasing Manager/Property Job Listings

Search for more jobs:

Popular Skills for Leasing Manager/Property


Professional skills reported by Property Leasing Managers are few in number. 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. It is often found that people who know Customer Service are also skilled in Property Management.

Pay by Experience Level for Leasing Manager/Property

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


More years of relevant experience do not necessarily translate to higher paychecks. Respondents with less than five years' experience take home $33K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $40K. Property Leasing Managers who work for 10 to 20 years in their occupation tend to earn about $44K. Property Leasing Managers who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

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

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Leasing Manager/Property Salaries

Late-Career
up arrow 23%



National Average
$36,000


Skills That Affect Leasing Manager/Property Salaries

Property Management
up arrow 3%

National Average
$36,000

Sales
up arrow 3%

Customer Service
up arrow 4%

Customer Relations
up arrow 25%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 73 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
4%
1-4 years
40%
5-9 years
28%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 61% dental benefits Dental: 47%
vision benefits Vision: 36% employee benefits None: 37%
ADVERTISEMENT