Lease Administrator Salary

A Lease Administrator earns an average salary of $51,073 per year. A skill in Real Estate is associated with high pay for this job. People in this job generally don't have more than 20 years' experience.

$36,647 - $70,470
$37K
$50K
$70K
MEDIAN: $49,888
10%
50%
90%

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$16.47 - $30.17
$16
$22
$30
MEDIAN: $21.77
10%
50%
90%

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$0$72K
Salary $36,647 - $70,470
Bonus $0.00 - $6,963
Profit Sharing $403.00
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).
)
$36,730 - $72,065
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 185
Hourly Data $0$45
Hourly Rate $16.47 - $30.17
Overtime $25.69 - $45.91
Annual Data $0$72K
Bonus $0.00 - $6,963
Profit Sharing $403.00
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).
)
$36,730 - $72,065
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 60

Job Description for Lease Administrator

Lease administrators generally work at a large real estate firm with a rental portfolio or even a property management company, and their job is to oversee (and keep up-to-date) all contracts pertaining to rental of the properties owned or managed by the company and ensure that any necessary documentation is communicated. They also keep track of all related payments and obligations which may be part of those contracts, such as homeowner's association dues.

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Lease Administrator Tasks

  • Assists and supports in the delivery of portfolio management, lease administration and lease abstraction services.
  • The Lease Administrator also delivers portfolio management services, including monitoring and reporting clients' critical dates, facilitating payment of rents and other payment obligations, performing CAM audits/reconciliations.
  • He/she is responsible for the abstraction, data input and review of commercial real estate properties and leases on both a client and project basis.

Lease Administrator Job Listings

Popular Skills for Lease Administrator

Pay by Experience Level for Lease Administrator

Pay by Experience for a Lease Administrator has a positive trend. An entry-level Lease Administrator with less than 5 years of experience can expect to earn an average total compensation of $47,000 based on 106 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Lease Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 70 salaries. An experienced Lease Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $55,000 based on 67 salaries. A Lease Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $64,000 based on 24 salaries.

Pay Difference by Location

National Average: $49,676

Larger city markers indicate a job is popular in that location.

Lease Administrator Reviews

Q: What is it like working as a Lease Administrator?

Lease Administrator in New York:
"Management is easy to work with."
Pros: I am learning alot everyday. Meeting alot of challenges that doesn't make the job boring.
Cons: The pay is low and can sometimes be tedious.

Lease Administrator in San Diego:
"Lease Administrator."
Pros: The best part of the job is the people I work with.
Cons: Training is very minimal and communication within the company is poor.

Lease Administrator in New York:
"Working as a Lease Admin."
Pros: I like the challenge of working on reviews for legal documents and abstracting.
Cons: The stress of having to constantly be on top of your game.

Related Job Salaries

Key Stats for Lease Administrator

Gender

Female
83 %
Male
17 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.
Less than 1 year
6%
1-4 years
37%
5-9 years
22%
10-19 years
25%
20 years or more
10%

Experience Affects Lease Administrator Salaries

▲28%

▲11%

▲5%

National Average
$50,000

▼6%

Skills That Affect Lease Administrator Salaries

Real Estate
▲25%

▲3%


National Average
$50,000

Accounting
▼4%

Property Management
▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
6%
1-4 years
37%
5-9 years
22%
10-19 years
25%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 73%
vision benefits
Vision: 61%
no benefits
None: 13%