Leasing ManagerJob Description:
A Leasing Manager oversees the leasing operations of a property, including marketing rental units, screening tenants, negotiating lease agreements, and managing the leasing team.Job Category:
What you will do:
As a leasing manager, you will be:
- Overseeing and leading a leasing team, providing guidance and support to team members
- Managing the entire leasing process, from marketing rental units to negotiating lease agreements and ensuring proper documentation
- Conducting thorough tenant screenings, including background checks, credit checks, and rental history verification
- Developing and implementing marketing strategies to attract prospective tenants, including online listings, advertising, and property tours
- Ensuring timely rent collection and addressing payment-related issues
- Building positive tenant relationships, addressing tenant inquiries, concerns, and maintenance requests
- Monitoring local rental market conditions, competitor pricing, and occupancy rates to adjust rental strategies
- Managing the leasing budget, tracking expenses, and optimising leasing-related costs
- Providing regular reports to property owners and management on leasing performance, occupancy rates, and financial metrics
- Ensuring compliance with federal, state, and local rental laws, fair housing regulations, and tenant rights
- Training and developing leasing team members to improve their skills and performance
- Managing lease renewals and retention strategies to minimise tenant turnover
- Addressing complex leasing issues, conflicts, and tenant disputes
- Conducting property inspections and maintenance checks as needed
You will need:
- knowledge in property management and financial management
- in-depth knowledge of rental laws, fair housing regulations, and tenant rights
- expertise in tenant screening processes, including background checks, credit checks, and rental history verification
- effective strategies for marketing rental units, including online listings, advertising, and property tours
- familiarity with local rental market trends, competitor pricing, and occupancy rates to adjust leasing strategies
- proficiency in property management software, databases, and online marketing tools
As well as:
Specific GCSE subjects are not typically required to become a Leasing Manager. However, the following subjects can provide a strong foundation for skills needed in this profession:
- Mathematics: Helps with financial calculations, budgeting, and lease-related math.
- English: Enhances communication skills, both written and verbal, which are important for tenant interactions, lease negotiations, and team management.
- Business Studies: Provides insights into business principles, financial management, and customer service, which are valuable in property management.
- ICT (Information and Communication Technology): Familiarity with technology is helpful for managing digital records and online marketing.
While these subjects can be beneficial, practical experience, on-the-job training, and a strong understanding of property management principles often play a more significant role in preparing for a career as a Leasing Manager. Consider pursuing further education or vocational qualifications in real estate or property management if available.
To become a Leasing Manager, you typically need the following qualifications and requirements:
A high school diploma or equivalent is the minimum educational requirement, although some employers may prefer a bachelor’s degree in business, real estate, or a related field.
Gaining experience in the real estate or property management industry is crucial. Many Leasing Managers start in entry-level positions, such as Leasing Consultant, and work their way up.
Working Hours and Environment:
Leasing Managers typically work during regular business hours in a combination of office and on-site settings, with occasional weekend or overtime work during busy leasing periods.
Career Path & Progression:
The typical career path of a Leasing Manager involves progressing from entry-level positions, such as Leasing Consultant, to more senior roles, ultimately becoming a Leasing Manager with responsibilities that include overseeing leasing operations and managing a team.