Leasing Agent, Real Estate Salary

One of the most common ways for people to put a roof over their heads is to lease a property, such as an apartment or rental home. Many businesses, especially small businesses, lease business space, rather than deal with the extra expense and hassle of property ownership. The leasing agent is the liaison who establishes contact between the property owner and the potential renter. The real estate leasing agent may work either for individual property owners or a property management company, and they are responsible for the entirety of the leasing process.

The leasing agent will meet with persons interested in renting a property and ascertain their wants and needs. The leasing agent will display the rental property, explaining the advantages of renting with them, and showcase the property's features. If interested, the agent will then explain the terms of the lease, negotiate the conditions of the rental contract, and run any necessary background checks on applicants. It is also the leasing agent's job to keep connected with current tenants. Property managers will often task the agent with collecting rents, meeting with renters to discuss any issues, ensuring that these issues are promptly addressed, and delegating these tasks to specialists. The agent has other responsibilities as well, such as keeping records, conducting transactions, and organizing advertising.

The educational requirements may vary for prospective employers. Many will consider hiring applicants with a high school diploma or equivalent. Companies who focus on commercial real estate leasing may require a college degree. The candidate can enhance their employment prospects by obtaining a realtor's license or certification through the National Apartment Leasing Organization. (Copyright 2017 PayScale.com)

Leasing Agent, Real Estate Tasks

• Provide information about units to potential renters.
• Help customers understand leasing contracts and fill out paperwork correctly.
• Screen applicants, collect deposits, and handle leasing applications, contracts, and renewals.
• Assist with advertising available units, update listings, design ads, and conduct tours.