Leasing Manager/Property Salary

Property Leasing Managers in the United States are not likely to strike it rich; they only make around $39K annually on average. Bonuses, profit sharing, and commission all factor into final incomes for Property Leasing Managers. Ranging between $24K near the bottom and $62K near the top, total earnings can include up to $11K from bonuses and up to $49K from profit sharing, with a high-performing minority reaping commissions of $20K. Location is the biggest factor affecting pay for this group, followed by experience level. The vast majority of Property Leasing Managers (81 percent) who responded to the survey are women. Although more than half have medical coverage and slightly less than one-half have dental coverage, over a third claim no health benefits at all. For the most part, Property Leasing Managers enjoy their work and report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$25,847 - $61,418
(Median)
$26K
$39K
$61K
MEDIAN: $38,829
10%
50%
90%

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$10.12 - $18.66
(Median)
$10
$15
$19
MEDIAN: $14.00
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$21K$42K$63K
Salary
$25,847 - $61,418  
   
Bonus
$0.00 - $11,074  
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).
)
$24,451 - $61,887  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 305
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
$10.12 - $18.66  
   
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 - $11,074  
   
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).
)
$24,451 - $61,887  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 184
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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 may experience a large salary bump if they progress into a role such as Commercial Property Manager. The latter position pays an average of $56K annually. Becoming a Property Manager or an Assistant Property Manager is a common transition from a Property Leasing Manager role.

Leasing Manager/Property Job Listings

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Popular Skills for Leasing Manager/Property


Property Leasing Managers report a narrow range of specific 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. 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.


Salaries of relatively inexperienced workers fall in the neighborhood of $33K, but folks who have racked up five to 10 years see a notably higher median of $41K. Property Leasing Managers claiming one to two decades of experience make an estimated median of $44K. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

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
$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 71 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: 47%
vision benefits Vision: 37% employee benefits None: 37%
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