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Leasing Commission Jobs in Michigan (NOW HIRING)

Continental

Leasing Associate (Lease Up)

Canton, MI ยท On-site

$20 - $23/hr

Reap the rewards with our enticing incentive programs, from commissions on new leases and renewals to quarterly and year-end bonuses based on community performance. Whether you're in management or ...

RAM Partners, LLC

Leasing Consultant

Grand Rapids, MI ยท On-site

$15.75 - $18.75/hr

Overview We are looking for a Leasing Consultant who thrives off using their customer service ... Competitive compensation which includes bonuses outlined by the property's commission structure ...

RAM Partners, LLC

Leasing Consultant

Saginaw, MI ยท On-site

$16 - $17/hr

Compensation $16 to $17 per hour Overview Lakeside Village is looking for a Leasing Consultant to ... Competitive compensation which includes bonuses outlined by the properties commission structure ...

Dietz Property Group

Leasing Consultant

New Hudson, MI ยท On-site

$21 - $22/hr

We offer a competitive base wage, commissions, and a great benefits package including: Medical ... Care.WORK SCHEDULEThis is a full-time Leasing Consultant position for which the hours vary ...

Dietz Property Group

Leasing Consultant

Fenton, MI ยท On-site

$15 - $17/hr

We offer a competitive base wage, commissions, and a great benefits package including: Medical ... Care.WORK SCHEDULEThis is a full-time Leasing Consultant position for which the hours vary ...

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Leasing Commission information

What is a leasing commission?

A leasing commission is a fee paid to a real estate broker or agent for securing a tenant for a rental property. This commission is typically paid by the landlord or property owner as compensation for their efforts in marketing the property, screening potential tenants, and negotiating lease terms. The amount of the leasing commission can vary, but it is often structured as a percentage of the total lease value or as a fixed amount per square foot. Leasing commissions are common in both commercial and residential real estate transactions.

What are the key skills and qualifications needed to thrive in a leasing commission role?

To succeed in a Leasing Commission role, you generally need strong sales abilities, knowledge of real estate or property management, and at least a high school diploma, though a bachelor's degree is often preferred. Familiarity with customer relationship management (CRM) software, property management platforms, and real estate regulations is typically required. Excellent interpersonal skills, negotiation, and organization set top performers apart in this position. These competencies are crucial for effectively closing deals, maintaining client satisfaction, and ensuring compliance in a competitive leasing environment.

What are some typical challenges faced by professionals working in leasing commission roles, and how can they overcome them?

Professionals in leasing commission roles often face challenges such as fluctuating market demand, meeting sales targets, and managing relationships with both property owners and potential tenants. Navigating complex negotiations and staying updated on local real estate trends can also be demanding. To overcome these challenges, it's important to develop strong communication skills, maintain a robust network, and stay organized with client follow-ups. Leveraging technology for lead tracking and ongoing professional development can further enhance success in this role.

What is the difference between Leasing Commission vs Leasing Agent?

AspectLeasing CommissionLeasing Agent
RolePayment earned for securing lease agreementsProfessional responsible for showing properties and securing leases
CredentialsOften no specific credentials required, but real estate licenses may be preferredReal estate license typically required
Work EnvironmentReal estate or property management firms, leasing officesProperty management companies, leasing offices, real estate agencies
UsageRefers to the payment structure or earning methodRefers to the job role or individual performing leasing activities

Leasing Commission describes the payment earned for leasing properties, while a Leasing Agent is the person responsible for showing properties and securing tenants. The commission is a compensation method, whereas the leasing agent is the role that may earn such commissions. Both are common in property management and real estate industries.

How much do leasing commissions make in a year?

Leasing commissions for real estate leasing agents or brokers typically range from 1% to 6% of the lease value, and annual earnings depend on the number and size of leases closed. Experienced leasing professionals in commercial or residential markets can earn from $30,000 to over $100,000 annually, often supplemented by bonuses or commissions for high performance.

Is a leasing commission a good career?

A leasing commission can be a viable career for individuals interested in real estate and sales, as it often involves earning commissions based on lease agreements. Success depends on sales skills, local market demand, and networking abilities, with some roles offering flexible schedules and performance-based pay. However, income can vary and may require building a client base over time.

Where do leasing commission agents make the most money?

Leasing commission agents tend to earn higher commissions in competitive real estate markets with high rental prices and demand, such as major metropolitan areas. Earnings also depend on experience, network, and the complexity of properties managed, with some agents earning substantial bonuses or percentage-based commissions on high-value leases.

What are the most commonly searched types of Leasing jobs in Michigan?

The most popular types of Leasing jobs in Michigan are:

What cities in Michigan are hiring for Leasing Commission jobs?

Cities in Michigan with the most Leasing Commission job openings:

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