What does a Leasing Consultant do?
A Leasing Consultant tends to a rental property and the tenants within it on behalf of the property owner. They are responsible for finding new tenants, renewing leases, collecting rents, and taking care of whatever issues or problems that arise with the tenants. This may include scheduling repair work, ensuring the building and its surroundings are safe, and taking the lead on any construction projects that need to be carried out on the property.
Leasing Consultant skills and qualifications
A Leasing Consultant will have to juggle many roles at once in this position. Some of the most common skills and qualifications that good candidates have include:
- Ability to multitask and work under tight deadlines
- Organizational skills
- Excellent communication skills
- In-depth knowledge of tenant and landlord responsibilities and obligations
- Ability to draft leases
- Interviewing skills
- Ability to develop and manage a budget
- Project management skills
Leasing Consultant experience requirements
Generally, Leasing Consultant applicants have a minimum of two to five years of experience in related real estate roles. Experience is not a requirement to succeed in this role but, depending on the size of the property and the number of tenants to be managed, candidate experience can be an important factor. Ideal candidates will have experience with property management and maintenance.
Leasing Consultant education and training requirements
An ideal Leasing Consultant candidate will have a university degree in business administration, facility operation, or another related discipline. A background in technical training, electrical or mechanical engineering, or other programs related to building maintenance is considered a strong asset. In positions where the Leasing Consultant must also complete repairs on their own, completion of trade school in construction or a related field is necessary.
Leasing Consultant salary expectations
According to Indeed Salaries, average pay for a Leasing Consultant in Canada is $59,859 per year. Pay may also vary based on factors like geographical location, size or quantity of rental properties to manage and level of experience.
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Leasing Consultant job description FAQs
What is the difference between a Leasing Consultant and a Leasing Agent?
A Leasing Consultant manages tenant relations for the landlord and may also offer real estate advice to the landlord. They are responsible for managing the building on a daily basis. A Leasing Agent usually handles the initial part of the job, which includes finding tenants, drafting leases and approving new tenant applications. They do not continue to work on behalf of the landlord once the renter has moved in, nor do they take on the daily tasks of tenant relations as the Leasing Consultant does.
What qualities make for a good Leasing Consultant candidate?
A good candidate for a Leasing Consultant position is an individual who is self-motivated and has exceptional customer service skills. They should also be comfortable interviewing new applicants and interacting with tenants. Successful applicants have excellent interpersonal skills, strong problem-solving skills and strong negotiation skills.
What makes a Leasing Consultant job description stand out?
A job description that stands out from the rest engages the reader from the beginning. A really standout job description also includes concise details about the day-to-day duties and responsibilities of the position, as well as the mention of a competitive salary and unique employee privileges. An enticing job description for a Leasing Consultant will also offer very clear details about the position, like what types of leases the consultant will be responsible for, the types of properties to lease, and details on the frequency of updates to the landlord.
Who does a Leasing Consultant report to?
A Leasing Consultant reports to the building owner or landlord. They manage the day-to-day tenant relations and are responsible for submitting reports to the landlord so they can verify what is going on at the building. They must report back in detail about money spent, money coming in, and budget management.