Leasing Manager Job Description [Updated for 2025]

In the modern business world, the role of leasing managers is becoming increasingly significant.

As the real estate industry continues to evolve, the demand for skilled professionals who can effectively manage, negotiate and execute leasing transactions is on the rise.

But what exactly does a leasing manager do?

Whether you are:

• A job seeker wanting to understand the core responsibilities of this role,
• A hiring manager trying to define the perfect candidate,
• Or simply curious about the intricacies of leasing management,

You’ve come to the right place.

Today, we introduce a customizable Leasing Manager job description template, designed for easy posting on job boards or career sites.

Let’s dive right in.

Leasing Manager Duties and Responsibilities

Leasing Managers are responsible for overseeing all aspects of leasing properties, including negotiating lease terms, marketing properties, and ensuring tenant satisfaction.

They work closely with property owners and prospective tenants to ensure a positive leasing experience.

They have the following duties and responsibilities:

• Establish rental rates by surveying local rental rates and calculating overhead costs, depreciation, taxes, and profit goals
• Attract tenants by advertising vacancies, obtaining referrals from current tenants, explaining advantages of location and services, and showing units
• Contract with tenants by negotiating leases and collecting security deposit
• Accomplish financial objectives by collecting rents, paying bills, forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, and initiating corrective action
• Maintain property by investigating and resolving tenant complaints, enforcing rules of occupancy, inspecting vacant units and completing repairs, planning renovations, contracting with landscaping and snow removal services
• Maintain building systems by contracting for maintenance services, and supervising repairs
• Enforce occupancy policies and procedures by confronting violators
• Prepare reports by collecting, analyzing, and summarizing data and trends
• Update job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations

 

Leasing Manager Job Description Template

Job Brief

We are seeking a highly skilled and motivated Leasing Manager to oversee our company’s rental and leasing operations.

In this role, you’ll be responsible for evaluating potential renters, presenting properties, and preparing lease agreements.

The successful candidate will have a keen understanding of property management, rental markets and excellent interpersonal skills.

The overarching goal is to preserve the value of our property and ensure a steady flow of income from leasing.

 

Responsibilities

• Manage and supervise the leasing team
• Perform market research to understand current rental trends and adjust strategies accordingly
• Promote available properties using various marketing techniques
• Evaluate potential renters, conduct background checks, and establish lease agreements
• Coordinate property maintenance and repair to keep properties in excellent condition
• Resolve tenant complaints and enforce rules of occupancy
• Negotiate leasing terms and conditions and close deals
• Ensure compliance with local, state, and federal laws and regulations related to rental properties
• Prepare and present reports on property performance and financials

 

Qualifications

• Proven work experience as a Leasing Manager or similar role in Real Estate
• Familiarity with lease contracts and related legal requirements
• Strong knowledge of the local property market and trends
• Excellent negotiation and selling skills
• Strong leadership and managerial skills
• Outstanding communication and interpersonal abilities
• Ability to manage multiple properties efficiently and effectively
• Bachelor’s degree in Real Estate, Business Administration or related field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Leasing Manager
• Work Environment: Office setting with frequent site visits to properties. Some travel may be required for meetings or property inspections.
• Reporting Structure: Reports to the Property Director or General Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $60,000 minimum to $90,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Leasing Manager Do?

Leasing Managers typically work for property management companies, real estate firms, or residential and commercial property owners.

Their primary responsibility is to oversee and manage all aspects of leasing properties, such as apartments, office spaces, or retail spaces.

This includes advertising available properties, conducting property tours, and negotiating lease terms and conditions.

Leasing Managers work closely with potential and existing tenants to understand their needs and preferences.

They are responsible for preparing and executing lease agreements, ensuring they comply with local, state, and federal regulations.

They are also in charge of rent collection, lease renewals, addressing tenant issues, and coordinating maintenance or repairs with the property maintenance team.

Leasing Managers often collaborate with marketing teams to develop effective strategies to attract potential tenants, such as promotional offers or events.

They are also involved in analyzing market trends to set competitive rental rates.

Furthermore, they may handle disputes between tenants or between tenants and the property owner, and ensure that all interactions abide by the rules of the lease agreement and the law.

 

Leasing Manager Qualifications and Skills

A proficient Leasing Manager should have the skills and qualifications that align with the job role, including:

• Excellent communication and negotiation skills for interacting with potential clients and closing leasing deals.
• Strong understanding of leasing laws, regulations, and procedures to ensure all transactions are carried out legally and ethically.
• Outstanding customer service skills to foster long-term relationships with tenants and encourage renewals.
• Proficiency in property management software and related technology to maintain accurate records and enhance efficiency.
• Organizational skills to manage multiple leases simultaneously, from the initial application process through move-in.
• Problem-solving skills to handle tenant complaints, maintenance issues, and any potential conflicts that arise.
• Financial understanding to manage budgets, set rental rates, and assess potential financial risks or opportunities.
• Marketing skills to promote properties effectively, attract potential tenants, and maintain high occupancy rates.

 

Leasing Manager Experience Requirements

Leasing Managers usually need a minimum of 3 to 5 years of experience in the real estate or property management industry.

This experience can be gained through roles such as Leasing Agent, Property Manager, or Real Estate Agent.

Entry-level candidates may have 1 to 2 years of experience, often acquired through an internship or part-time role in a real estate agency or property management firm.

These professionals can also gain experience in roles related to customer service, sales, or administration, as these skills are highly relevant in the leasing industry.

Candidates with more than 3 years of experience are often well-versed in lease agreements, tenant relations, and property management.

At this stage, they may have developed their negotiation, sales, and marketing skills through hands-on experience.

Those with more than 5 years of experience may have some leadership experience in their background.

They may have overseen a team of leasing agents or managed multiple properties.

This level of experience usually qualifies them for more senior roles such as Leasing Manager, where they would be responsible for overseeing the leasing process, managing leasing agents, and ensuring high occupancy rates.

It’s also beneficial for Leasing Managers to have experience with property management software and tools, as they are often required to manage lease renewals, rent collection, and maintenance requests digitally.

 

Leasing Manager Education and Training Requirements

Leasing Managers typically have a bachelor’s degree in real estate, business administration, or a related field.

They also need a firm understanding of real estate laws, principles of property management and leasing strategies.

Some employers prefer candidates with a master’s degree in real estate, business, or a related field for higher-level positions.

Leasing Managers can also gain advantage through certification programs such as the Certified Property Manager (CPM) designation from the Institute of Real Estate Management or the Certified Leasing Specialist (CLS) certification.

It’s also important for Leasing Managers to have good customer service and negotiation skills, and to be familiar with property management software.

Continuing education is important in this role due to changing laws and regulations in the real estate industry.

Therefore, commitment to ongoing learning and staying updated with the latest industry trends is highly desirable.

 

Leasing Manager Salary Expectations

A Leasing Manager earns an average salary of $53,181 (USD) per year.

The actual earnings can vary depending on factors such as years of experience, the size of the property managed, regional location, and the employing company.

 

Leasing Manager Job Description FAQs

What skills does a Leasing Manager need?

Leasing Managers need to have excellent communication and customer service skills to interact effectively with prospective and current tenants.

They should also possess strong sales skills to sell properties to potential tenants.

Organizational and multitasking skills are necessary to manage multiple properties and leasing agreements simultaneously.

Additionally, a good understanding of the property market and negotiation skills can also be beneficial.

 

Do Leasing Managers need a degree?

A degree is not always required for a Leasing Manager position, but many employers prefer candidates with a degree in real estate, business administration, or a related field.

Some Leasing Managers may also hold a real estate license.

On-the-job training is common, and professional certifications are available in property and real estate management.

 

What should you look for in a Leasing Manager resume?

In a Leasing Manager’s resume, look for previous experience in real estate or property management.

They should demonstrate a successful track record in leasing or sales, highlighting their ability to meet or exceed leasing targets.

Knowledge of relevant real estate laws and regulations is also important.

Other desirable skills include problem-solving abilities, customer service experience, and proficiency in property management software.

 

What qualities make a good Leasing Manager?

A good Leasing Manager is proactive, resourceful, and has a strong customer focus.

They must have excellent negotiating skills and the ability to handle difficult situations with tenants diplomatically.

A successful Leasing Manager is also detail-oriented, ensuring all lease agreements are correctly administered and comply with relevant laws and regulations.

 

Is it difficult to hire Leasing Managers?

Hiring a Leasing Manager can be challenging, as it requires finding a candidate with a unique blend of skills in sales, customer service, and property management.

However, with a well-defined job description and a competitive compensation package, it is feasible to attract qualified candidates.

 

Conclusion

And there you have it.

Today, we’ve delved into the heart of what it truly takes to be a leasing manager.

Surprising, isn’t it?

It’s not just about signing leases.

It’s about shaping the future of real estate, one lease at a time.

With our comprehensive leasing manager job description template and real-world examples, you’re ready to step up.

But why not take it further?

Explore more with our job description generator. It’s your key to crafting precision-based job listings or honing your resume to excellence.

Remember:

Every lease signed is a step towards a brighter real estate future.

Let’s shape that future. Together.

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