WHAT DO LEASING AGENTS DO?
Leasing agents work with property owners to find good tenants for their buildings. This could be single family homes, apartments, or businesses. Leasing agents work with property owners and help them navigate the complex nature of the property market. Agents find people and businesses and determine their needs and wants for the property, as well as their economic viability. Leasing agents handle the signing of leases, and act as a landlord for property owners.
Leasing agents use websites and flyers to describe properties, work with photographers to take pictures of the property, or may take the pictures themselves. Real estate agents often work nights and weekends, showing properties to potential lessees, setting up open houses and advertising properties for lease.
Leasing agents are knowledgeable of the property market and can answer questions and concerns about things like school districts, zoning, expansion and others. Depending on the job, leasing agents work for base pay plus commission.
HOW MUCH DO LEASING AGENTS MAKE?
According to the Bureau of Labor Statistics (BLS), real estate brokers and sales agents made a median hourly income of $20.52, or $42,680 a year in 2010.
WHAT ARE THE EDUCATION REQUIREMENTS?
A high school diploma is needed to get started as a leasing agent. One might also need licenses from the state in which they work. Licenses are achieved through completing a certain number of hours of real estate coursework. These numbers vary by state.
JOB SKILLS AND REQUIREMENTS
- Independence: Leasing agents must manage their own time and schedules, making sure they are hustling to get the word out about properties and find the information their clients need.
- Interpersonal Skills: Agents work with clients and customers face-to-face on a daily basis. Listening to their needs and communicating effectively and pleasantly is a needed skill.
- Persuasion: Skilled leasing agents are good at convincing clients to buy and sell properties at the right price, and use persuasion to close deals.
- Problem-Solving Skills: Leasing agents need to quickly find answers to questions.