Leasing Specialist Job Description

Leasing Agents: Experience and Skills

A Residential Leasing Agent is responsible for renting out housing properties and assisting tenants. They have duties that include meeting with prospective tenants to determine lease terms, getting security deposits and coordinating with current tenants to discuss lease changes. Property owners and apartment complexes often use leasing agents to find qualified renter applicants.

They meet with prospective tenants to show them different housing options. They perform credit checks, contact references and review bank statements to verify whether an application has the proper income or savings and a good credit history. They may be responsible for maintaining relationships with maintenance companies to perform various jobs.

Entry-level Leasing Agents may have previous experience in sales, customer service, or the like, and would need to complete on-the-job training to learn how to complete role-related tasks. Previous experience as a Leasing Agent or in another real estate management role may be relevant to the experience of experienced Leasing Agents. The scope of their responsibilities is different between a Leasing Agent and a Leasing Manager.

The responsibility for managing a team of Leasing Agents or Leasing Consultants is held by a Leasing Manager. They look for ways to increase revenue and market vacancies when they review the current Occupancy rate of one or more properties. The Property Manager or Property Owner can have a say in rent rates and ways to improve the property value.

In contrast, the agents communicate with tenants. They give tours and discuss rental agreement terms with the Leasing Manager. They get lease contracts from managers for new tenants.

Learning to Network in Leasing Consultant Jobs

The right skills for a leasing consultant will help you be the best in the business. Keep reading to find out what they are. Multitasking is a must for succeeding in leasing consultant jobs.

The work environment requires you to take on many tasks at once and knowing how to manage them well is important. You have to answer phones, take potential tenants on tours, and answer questions about policies and pricing. Learning from your peers and implementing new techniques will help you grow and improve as a leasing consultant so that you can do the best job possible for the new tenant and for your company as well.

It can be intimidating if you are new to the industry and you want to sell your skills. Being a good leasing agent requires taking the initiative and learning to get through your tasks without having to report to anyone. A background in sales isn't required to become a leasing consultant.

Being able to sell is a major part of the job and should be learned to sharpen when you get into the industry. Being a good salesperson will show you care about helping a potential resident find the perfect home. If you keep checking in with potential tenants, you will show them that your company cares about helping them navigate the leasing process.

Leasing Consultants: Application and Hiring

A leasing consultant's salary is dependent on a number of factors, including the type of setting they are employed in and the local real estate market. It may be related to their level of experience, education and location. Strong written and verbal communication skills are required for the relationship building and lease development functions of a leasing consultant.

Being able to answer tenant inquiries in a timely and effective manner can help expedite the lease application process and ensure a successful lease completion. Being able to translate legal and financial terminology into easier to understand language makes the process of renting more comfortable. Consultants who work for the rental properties they support work in either on-site or close to the rental properties.

Consultants who work on a team with other real estate professionals include real estate agents, property managers and maintenance staff. If you are interested in applying for as many leasing consultant jobs as possible, please do so. You can follow up on your applications within a couple of weeks.