Leasing Manager

Q: What are the responsibilities of a leasing manager?

Advertising rental properties Finding tenants for rental properties is one of the most important responsibilities of a leasing manager. Without occupants, the owner will not be able to generate an income or cover the refinance. A leasing manager will commonly advertise the rented property in newspapers and on social networking sites like Facebook. Preparing and signing lease contracts When a renter decides to move in, the leasing manager will manage all of the required documents. They will ensure that the renter understands and signs all rental agreement regulations. This ensures that the renter is trustworthy and is a right fit for the rental property. Coordinating repairs and maintenance Leasing managers are also in charge of any property maintenance that is required and may refer the issue to a tradie. This includes organising any improvements or renovations to the property, as well as general upkeep. Rent collection A leasing manager will ensure that all residents pay their rent on time each month, and will follow up with anyone who does not. The leasing manager will also collect a variety of charges, such as resident parking and lock replacement fees.

Published 25 August 2022Updated 17th January 2023

Dictionary

Leasing Manager

What is a Leasing Manager?

A leasing manager helps property owners to lease their properties to prospective tenants. It is their responsibility to make sure your rental property is leased as soon as possible, all documents are in order and all legal requirements are met.

Leasing managers handle a variety of important lease management processes including advertising available homes, negotiating rental terms, and finalizing lease agreements.

FAQs about Leasing Managers

What are the responsibilities of a leasing manager?

Advertising rental properties
Finding tenants for rental properties is one of the most important responsibilities of a leasing manager. Without occupants, the owner will not be able to generate an income or cover the refinance. A leasing manager will commonly advertise the rented property in newspapers and on social networking sites like Facebook.
Preparing and signing lease contracts
When a renter decides to move in, the leasing manager will manage all of the required documents. They will ensure that the renter understands and signs all rental agreement regulations. This ensures that the renter is trustworthy and is a right fit for the rental property.
Coordinating repairs and maintenance
Leasing managers are also in charge of any property maintenance that is required and may refer the issue to a tradie. This includes organising any improvements or renovations to the property, as well as general upkeep.
Rent collection
A leasing manager will ensure that all residents pay their rent on time each month, and will follow up with anyone who does not. The leasing manager will also collect a variety of charges, such as resident parking and lock replacement fees.

What is a leasing manager salary in Australia?

The salary of a leasing manager in Australia can range between $55,000 (low) and $150,000 (high) per year.

An average salary is estimated to be around $110,000 per year.

What is the role of a commercial leasing manager?

A commercial leasing manager is responsible for overseeing the rental of commercial real estate. This includes conducting background checks on potential rental candidates, negotiating lease agreements, and completing all required documents.

What is a leased property?

A leased property is one that is under agreement for long term use by the tenant.

The lessee (or tenant) has use and possession rights of the property under the terms of the lease agreement.

The lessor (or landlord) in return, receives regular payments, or rental income, for an agreed period of time.

Always get expert advice on how to lease your property and find out the right investment moves for you.

Disclaimer: The views, information, or opinions expressed in this blog post are for general information purposes only and should not be relied upon. We have not taken into account specific situations, facts or circumstances, and no part of this blog post constitutes personal financial, legal, or tax advice to you. You should seek tax advice from your accountant, specific to your situation.

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Leasing Manager

What is a Leasing Manager?

FAQs about Leasing Managers

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