- A leasing manager is a professional who is responsible for managing the leasing and rental operations of properties on behalf of property owners or management companies
- Their primary role is to attract prospective tenants, oversee the leasing process, and ensure the smooth operation of rental properties
Here are some key responsibilities and tasks typically associated with a leasing manager:
- Tenant Acquisition and Marketing: Leasing managers develop and execute strategies to attract potential tenants
- They advertise available properties through various channels, such as online listings, social media, signage, and partnerships with real estate agents
- They also conduct market research to determine competitive rental rates and adjust marketing efforts accordingly
- Tenant Screening and Selection: Leasing managers screen potential tenants by reviewing rental applications, conducting background checks, verifying income and employment, and checking references
- They assess the eligibility of applicants based on predetermined criteria and select suitable tenants for the properties
- Lease Negotiation and Documentation: Leasing managers handle lease negotiations with prospective tenants, ensuring that all terms and conditions are agreed upon
- They prepare lease agreements, explain lease terms to tenants, and ensure all required documentation is completed accurately and legally
- Tenant Relations and Customer Service: Leasing managers maintain positive relationships with tenants throughout their tenancy
- They address tenant inquiries, concerns, and maintenance requests promptly and professionally
- They also provide information about property policies, procedures, and community amenities to ensure tenant satisfaction and retention
- Property Inspections: Leasing managers conduct regular inspections of rental units to ensure they are well-maintained and comply with safety and habitability standards
- They document any necessary repairs or maintenance issues and coordinate with the maintenance team to address them in a timely manner
- Lease Renewals and Lease Expirations: Leasing managers handle lease renewal negotiations with existing tenants, striving to retain quality tenants and minimize vacancy rates
- They initiate lease expiration notifications, discuss renewal terms, and facilitate lease extensions or terminations as necessary
- Financial Management: Leasing managers oversee rent collection, ensuring tenants pay their rent on time
- They may coordinate with accounting departments to track rental payments, handle delinquencies, and enforce lease policies regarding late fees or evictions if necessary
