What does a Leasing Manager do?
Published 4 min read
A leasing manager is responsible for the day-to-day management of a property, including marketing and leasing vacant units, negotiating leases, and maintaining relationships with tenants. They may also be responsible for overseeing maintenance and repair work, and preparing financial reports.
Leasing Manager job duties include:
- Act as first point of contact with potential tenants
- Schedule and conduct tours of properties for potential tenants
- Negotiate leases with potential tenants
- Prepare and execute lease documents
- Collect security deposits from new tenants
- Coordinate move-in logistics for new tenants
- Handle maintenance requests and coordinate repairs with vendors
- Respond to tenant inquiries and concerns
- Enforce lease terms and rules
- Prepare and deliver notices to vacate to tenants who violate lease terms
Leasing Manager Job Requirements
A Leasing Manager is responsible for the day-to-day operations of a residential or commercial property. They oversee the leasing process, from marketing and advertising vacant units to screening and signing new tenants. A Leasing Manager must have excellent customer service skills and be able to work well under pressure. They must also be organized and detail-oriented, with a strong knowledge of rental laws and regulations.
Education wise, a Leasing Manager should have at least a high school diploma or equivalent. However, many employers prefer candidates who have completed some college coursework, especially in business or real estate. Certification is not required to work as a Leasing Manager, but completing a professional designation program can give you an edge in the job market. Experience is also key in this role – most Leasing Managers have at least 2-3 years of experience working in property management or a related field.
Leasing Manager Skills
- Negotiation
- Communication
- Organization
- Customer service
- Marketing
- Sales
- Financial analysis
- Property management
- Contract administration
- Lease administration
- Risk management
Related: Top Leasing Manager Skills: Definition and Examples
How to become a Leasing Manager
A leasing manager is responsible for the renting of commercial or residential properties to tenants. They work with landlords and property owners to ensure that the property is well-maintained and meets the needs of the tenant. In order to become a leasing manager, one must have excellent communication and customer service skills. They must also be able to negotiate leases and rent prices.
The first step to becoming a leasing manager is to obtain a bachelor’s degree in business administration or a related field. Many leasing managers also have a master’s degree in business administration or real estate. Once you have obtained your degree, you will need to gain experience in the field. Many leasing managers start out as property managers or assistant property managers. This experience will be invaluable when you are ready to step into a leasing manager role.
When you are ready to become a leasing manager, you will need to market yourself to potential employers. You can do this by creating a strong resume and cover letter. You should highlight your experience in the industry, as well as your education. You can also join professional organizations, such as the National Association of Realtors, which will give you access to job postings and networking opportunities.
Related: Leasing Manager Resume Example
Related: Leasing Manager Interview Questions (With Example Answers)