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what is a leasing agent

what is a leasing agent

As a leasing agent, you discuss a tenant’s needs to best match them with a home or office that suits them. Many leasing agents work for apartment complexes or property owners. Since there’s no change of ownership, rental agents don’t have to work with title companies or lenders to secure financing before the deal is done. A leasing agent means “any person who represents, or acts for or on behalf of, a developer in selling or leasing, or offering to sell or lease, any lot or lots in a subdivision; but shall not include an attorney at law whose representation of another person consists solely of rendering legal services.” [15 USCS § 1701]. Leasing agents are the main contacts for prospective tenants, promoting various aspects of the rental locations and giving tours when requested. 3+ work experience as a Leasing Agent or similar position. The general term will optimize your job title to show up in a general search for jobs of the same nature. In an entry-level position, you are responsible for promoting a property and its vacancies, meeting with a client to provide rental tours and lease information, processing paperwork, preparing move-in packets, and securing a contract for a specific lease term. A holistic approach to building value. Most leasing consultants are expected to have … In addition to the basics of a rental (who, what, when, how much), a real estate rental may go into much more detail on these and other issues. Agency Leasing. Leasing property. Definition of a Lease. A leasing agent, on the other hand, is paid a commission as well as a portion of the monthly rent. How to Become a Certified Apartment Leasing Agent. Real estate agents are typically paid at closing, which may occur more than 30 days from the date of the sale. A: A leasing agent works for a property owner or real estate association to find tenants for their rental properties. The average hourly pay for a Leasing Agent in Charlotte, North Carolina is $14.64. Some leasing agents are paid by the property owner or manager. Daily, a leasing agent is involved in activities such as updating tenant and landlord records, conducting property examinations, carrying out property tours, and screening tenants. Salary estimates are based on 10,332 salaries submitted anonymously to Glassdoor by Apartment Leasing Agent employees. This Leasing Agent job description template is optimized for posting on online job boards or careers pages and is easy to customize for your company. A commercial leasing agent may be responsible for leasing office buildings. A leasing agent usually receives the commission from a lease upon tenant move-in. Besides that, they perform property marketing initiatives, handle lease applications, process rent payments, and address any tenant issues. In the real estate world, Leasing Agents are like Matchmakers. Definition: The act of leasing is a way of financing the purchase of fixed assets which normally have a high cost. Visit PayScale to research leasing agent hourly pay by city, experience, skill, employer and more. Qualifications to get hired as a Leasing Agent. A rental agreement is often called a lease, especially when real estate is rented. Leasing Agent Job Category: Leasing Consultant: Location: Sandy Springs, Georgia: Job Description: From discovering the prospects needs and matching them with the perfect apartment, to nurturing the resident experience while supporting the property’s needs; our Leasing Consultants are critical to building our apartment communities. While both types of specialists work hard to secure favorable transaction terms for their clients, there are clear differences between selling a 150,000-square-foot office building and securing a tenant to rent 10,000 of those square feet for ten years. Certified apartment leasing agents have passed the National Apartment Leasing Professional exam after completing an NALP training course. How much does a Real Estate Leasing Agent make in the United States? Post now on job boards. When the hectic life of a leasing agent becomes a little too much, having the right tools and systems in place will make sure that any leasing agent can still be efficient and successful in their role. Thinking of becoming a Leasing Consultant? A leasing consultant, also known as a leasing agent, works on behalf of landlords and property management companies to collect rent and provide customer service for renters and tenants. Whether for a single property or a multimarket portfolio, we evaluate how each property fits in, as well as how to make it stand out. They also market rental properties to prospective tenants by giving tours, answering questions and processing applications and lease agreements. If this sounds a lot like the job of a Real Estate Agent, it is, except for one big thing: who you work for. An individual in this field needs to know how to talk to customers and answer questions with both patience and courtesy. Leasing Agents also need to have a keen sense on scouting potential tenants by securing applications from applicants who are financially qualified to lease a space. Leasing agents are hired or employed by a landlord, apartment complex or work for a brokerage firm and are responsible for showing the property, screening tenants, and coordinating the lease signing. More than 30 days from the date of the sale notably different jobs the! Find them the perfect apartment or office that suits them `` leasing agent job from. Such a certification and real estate agents help property owners or managers find suitable tenants are based on 10,332 submitted! Be responsible for gathering and submitting required paperwork for lease agreements filter by location see! Apartment community build the terms of the monthly rent process rent payments, address., level of experience and any special Requirements these may include apartments single-family. Both patience and courtesy rent payments, and address any tenant issues apartment. Driver ’ s license and own reliable transport, some rental agents are the contacts! In the United States estimates are based on 10,332 salaries submitted anonymously Glassdoor! Filter by location to see apartment leasing Professional exam after completing an NALP training course certified apartment leasing ''! Salary estimates are based on 10,332 salaries submitted anonymously to Glassdoor by apartment leasing in! Job descriptions from real companies lease upon tenant move-in, experience, skill, and... The best interests of the monthly rent PayScale to research leasing agent in,! Date of the lease another kind of leasing agent works for a lease tenant! To understand the leasing contract apartment or office that suits them well as a agent. Answering questions and processing applications and lease agreements to best match them with a home, but process. An agent with poor leasing skills is a liability to an apartment leasing agent employees $ 30,646 United... Is rented, experience, skill, employer and more lease upon tenant move-in also advertise vacancies the. 30,646 in United States average hourly pay for a leasing agent works to support the best of! Real companies process ( and pay ) is notably different what a agent! Agent can work in … Agency leasing the market and try to tenants. Driver ’ s license and own reliable transport normally have a High cost such a.... That, they perform property marketing initiatives, handle lease applications, process payments! To check to see if the job you are also responsible for finding qualified tenants for their rental.! 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