What’s the Difference Between a Property Manager and a Leasing Agent?
Posted by Calgary Real Estate Wealth on
What’s the Difference Between a Property Manager and a Leasing Agent?
If you’ve ever looked into renting out your property, you’ve probably come across two common terms: property manager and leasing agent. At first glance, they might sound like the same role — but there’s a key difference every investor should know.
A leasing agent can do everything a property manager does, except hold deposits or rental payments in trust on the owners behalf.
That means leasing agents don’t collect rent or deposits. Instead, all payments go directly from tenant to landlord, ensuring transparency and keeping your cash flow in your own hands.
Outside of that, a leasing agent is still involved in nearly every aspect of coordinating managing your property,…
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