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Is a leasing agent the same as a realtor?
Real estate agents are typically paid at closing, which may occur more than 30 days from the date of the sale. A leasing agent usually receives the commission from a lease upon tenant move-in.
What skills do you need to be a leasing agent?
Leasing Agent Qualifications/Skills:
- Customer service.
- Meeting sales goals.
- Closing skills.
- Prospecting skills.
- Negotiation.
- Self-confidence.
- Product knowledge.
- Presentation skills.
Do leasing agents make good money?
How much does a Leasing Agent make? The average Leasing Agent in the US makes $48,753. Leasing Agents make the most in Los Angeles, CA at $51,272, averaging total compensation 5\% greater than the US average.
Do you need a degree to be a leasing consultant?
Leasing agents should have a minimum of a high school diploma or a General Education Development (GED) certificate. Many properties prefer some level of completed post-secondary education such as an associate degree. Relevant coursework includes real estate, sales and business.
How do leasing consultants get paid?
Leasing Consultants get $12 per hour and $50 commissions on move ins and renewals,and a 30\% housing discount.
How do I become a successful Leasing Agent?
The Top 8 Skills That Successful Leasing Agents Have
- Have a firm knowledge of the community and surrounding area where they work.
- Know basic real estate and multifamily terminology.
- Have an understanding of Fair Housing laws.
- Be able to communicate effectively with prospective residents – as well as the community team.
How do leasing agents get organized?
Kill It as a Leasing Consultant: 8 Time Management Strategies for…
- Hold flexible office hours.
- Schedule difficult tasks for your most productive time of day.
- Set aside a specific time each day to read emails and return phone calls.
- Communicate regularly with staff.
- Compile daily, weekly and monthly to-do lists.
Do leasing consultants get free rent?
Apartment leasing agents for the most part don’t get to live completely rent-free, though they certainly can get reduced rent as part of their compensation package. Some employers will offer incentives like one month free rent for every X number of leases signed that month.
What is the difference between leasing agent and broker?
In real estate, an agent is an individual who is licensed to sell property in their state. A broker is someone who is licensed to own their own real estate firm. A real estate agent cannot work on their own, they must work under a licensed broker.
How much do leasing agents make?
Leasing Agent Salaries
| Job Title | Salary |
|---|---|
| Smartleasing Leasing Consultant salaries – 3 salaries reported | $60,000/yr |
| ACRWORLD Leasing Consultant salaries – 2 salaries reported | $55,627/yr |
| Smartsalary Leasing Consultant salaries – 2 salaries reported | $64,000/yr |
| Smartgroup Leasing Consultant salaries – 2 salaries reported | $59,533/yr |
What should I wear to a leasing agent interview?
Office employees should wear a black or navy suit, and maintenance employees may dress more casually but professionally. Clothes should be pressed, hair neatly styled, nails trimmed and jewelry worn conservatively. Also, fragrances must be used lightly or not at all.
How do I become a successful Leasing Consultant?
How do I get a leasing agent license?
Certain states require leasing agents to get licensed through the state before working as a leasing agent. In states where licensing is a requirement, candidates typically must complete an approved leasing agent course and/or examination and pay a licensing fee.
How much does it cost to become an apartment leasing agent?
The requirements would differ from state to state. To work as a leasing agent, you would need to obtain a license; the application fee for a license in Illinois, for example, is $75. To become a National Apartment Leasing Professional, you would need to complete a certification course; the online options will cost you $319-$419.
How do I become a residential leasing agent in Illinois?
In Illinois, you must obtain a license in order to work as a residential leasing agent. Our pre-licensing program is designed to fulfill the necessary course requirements and prepare you thoroughly for the state licensing exam and application.
What is the difference between a leasing agent and real estate agent?
The primary difference between leasing agents and real estate agents is the amount of money that they make. Real estate agents get paid on a commission basis. The amount varies from place to place, but the national standard is around 5 to 6\%.