What does a Leasing Agent do?
Published 3 min read
A leasing agent is responsible for finding and signing leases with tenants on behalf of the property owner. They show properties to potential tenants, negotiate lease terms, and collect rent payments.
Leasing Agent job duties include:
- Act as first point of contact with potential tenants
- Arrange and conduct viewings of properties
- Negotiate rental contracts with tenants
- Collect security deposits and first month’s rent
- Prepare lease agreements
- Conduct move-in/move-out inspections
- Handle maintenance requests and coordinate repairs
- Resolve tenant complaints
- Enforce rules and regulations outlined in lease agreements
- Keep accurate records of all transactions
Leasing Agent Job Requirements
A Leasing Agent is responsible for renting out properties on behalf of their clients. They must be able to effectively market the property and screen potential tenants. A Leasing Agent should have a high school diploma or equivalent, although some employers may prefer candidates with some college coursework or a degree in business, marketing, or real estate. Many states require Leasing Agents to be licensed, and some may also need to be certified by the National Association of Realtors. Prior experience working in customer service, sales, or property management is helpful but not required.
Leasing Agent Skills
- Communication
- Organization
- Customer Service
- Sales
- Marketing
- Negotiation
- Leasing
- Contract Management
- Financial Analysis
- Property Management
- Real Estate Law
- Time Management
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How to become a Leasing Agent
A leasing agent is responsible for renting out properties on behalf of their clients. They work with property owners and tenants to negotiate leases and ensure that both parties are satisfied with the terms of the agreement. Leasing agents must be knowledgeable about the local real estate market and trends in order to effectively market the property and find the right tenant.
If you are interested in becoming a leasing agent, here are a few things you should do:
1. Get a degree or certification in real estate. This will give you the necessary knowledge and skills to succeed in this field.
2. Gain experience by working as an intern or assistant for a leasing agent or property management company. This will give you first-hand experience of what the job entails and whether it is the right fit for you.
3. Build up your network of contacts in the real estate industry. This will come in handy when you are looking for properties to lease out or tenants to fill vacant units.
4. Stay up to date with changes in the real estate market. Keep abreast of new developments, trends, and laws that may impact your work as a leasing agent.
5. Be patient and persistent. It may take some time to build up your business as a leasing agent, but if you are passionate about it, success will eventually follow.
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