TOPIC: Re:Leasing Agent Compensation

Re:Leasing Agent Compensation 6 years 7 months ago #14917

My manager wants me to splite my commission with her. Can she do this? This is a private owe commany.
  • Cruz
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Re:Leasing Agent Compensation 6 years 7 months ago #14918

Whether or not she can do it is one thing, but doing it is another! In my opinion, it's pretty tacky. Managers make more than Leasing Agents, and for her to want to split the commission doesn't seem right. With that being said, different properties/companies have different rules. Perhaps she's putting it in a "pot" and at the end of the month it's divided amongst staff? Have you had a calm, professional discussion with her to understand why? I'd start there. However, if she's not rational and gets upset with you, you can always go to HR. I've seen a few managers bully their staff, unfortunately.
  • Ann Stack
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Leasing Agent Compensation 6 years 7 months ago #14920

Commission structure should be outlined separately for Leasing agents and managers. Our rule is "whoever is responsible" for obtaining the lease or renewal is entitled to the commission. As the manager, that's usually me. But sometimes it's my assistant or even my maintenance tech.
  • Rose M
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Leasing Agent Compensation 6 years 6 months ago #14970

$15 plus $30 per lease
and $150 off an apartment rental
we are in Hampton roads
  • Anonymous
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Re:Leasing Agent Compensation 6 years 6 months ago #14971

Leasing Agents in the Houston, TX market can make anywhere from $8.00 - $15.00 hr plus commissions ranging from $25.00 - $100.00 per lease and renewal. It all depends on the company and the type property, with high end communities paying more. Those high end communities usually will require experience and verifiable closing ratio.
  • Charmaine Szostek
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Re:Leasing Agent Compensation 6 years 6 months ago #14972

That is odd. I have never heard of that happening. If it were me, I would have to speak up. Just doesn't sound kosher in my book.

My company as well as my previous employers always paid commissions to the one who actually did the work. Meaning, if you just showed the unit but didn't actually do the paperwork, you didn't get the commission.
  • Charmaine Szostek
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Re:Leasing Agent Compensation 6 years 6 months ago #14976

If the Manager is asking you to split the commission, I would ask the Manager why he/she feels deserving of a commission. Usually, management would not participate in commission based sales and certainly should not, in my opinion. However, with that being said, is your Office small, just the two of you, with BOTH of you doing leasing tours, completing lease signings, and inputting information into the computer, working as leasing consultants on weekends? Sometimes in these situations, neither employee is earning a salary, are being paid hourly, and this could be an argument for earning commissions as a manager. You need to discuss this openly with the Manager.

Re:Leasing Agent Compensation 6 years 4 months ago #15154

Same here i work in the alpharetta area in Ga close to atlanta and i get paid the same amount
  • Lorenzo M
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Leasing Agent Compensation 5 years 11 months ago #15572

I work at a luxury apartment about 15 minutes north of downtown Dallas. I earn $15 an hour plus 10% of the first month of rent, no matter the lease term. Most of the apartments range from 950-1600. I recently did a 3 month lease on our largest most upgraded unit at 3100 a month, and received $310 in commission accordingly. I average about 7 move-ins a month. Last month I had 14 and made about 1500 in commission, but that doesn't happen often, usually about half that. Also, every renewal throws $50 into a pot and at end of the month it is split among all staff except our manager (maintenance included).
  • Anonymous
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Leasing Agent Compensation 5 years 8 months ago #16003

I am a leasing agent in Illinois, the group of people that we mainly cater to is college students because it is in a college town. However, we only get paid $9.00 an hour, no housing discount, no commission. We do get a leasing bonus after our apartments are completely leased out. The only perk we get is a free parking pass which is normally $40. The pay is not worth the hard work and stress from tenants and management.
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