Traditional leasing agents work on behalf of landlords, marketing their spaces and representing their interests in negotiations. They offer in-depth knowledge about the properties they represent, including amenities, lease rates, and landlord preferences.
Subscribe now. Employee leasing is an arrangement between a business and a staffing firm, who supplies workers on a project-specific or temporary basis. These employees work for the client business, but the leasing agency pays their salaries and handles all of the HR administration associated with their employment.
Leasing agents find new tenants for residential or commercial rental properties, handle the signing of leases and provide customer service for existing tenants. They establish a rapport with existing tenants and provide them with personalized service. They may also follow up with prospective tenants.
A PEO, or professional employer organization, has a different relationship with client companies. Instead of being a firm that leases employees to their clients, a PEO becomes an employer of record for the client's employees. This is known as a co-employment agreement.
In most cases, a leasing agent's job is to find and secure new tenants on behalf of a property owner or manager. They're also sometimes called property leasing agents, leasing assistants, lease agents, or leasing consultants.
What Is a Leasing Agent? Leasing agents, on the other hand, work for a property owner or property management company. They still help renters find a home and sign a lease, but they're typically limited to the properties owned by a single owner.
What Is A Leasing Agent? A leasing agent is an intermediary whose purpose is to help landlords and property owners rent their residential or commercial properties. They are responsible for finding tenants based on certain criteria and in ance with the law.
Drawbacks of employee leasing Less control: One of the greatest risks of employee leasing is that you're delegating an important part of your business to an outside company that doesn't know your business as well as you do. You lose control of your processes, systems and benefits.
How to Start Your Own Employee Leasing Company Register your business. Consult your state and county licensing boards to see if you need a license or permit to operate your employee leasing company. Locate professional office space. Create a niche in your serviceable area. Build and grow a business network.