- The Main Difference Between a Leasing License vs. a Real Estate/Broker’s License
- Leasing License: Definition and Scope
- Real Estate Agent License: Definition and Scope
- Broker’s License: Definition and Independence
- Do They Get Paid the Same? (Leasing Agents vs. Real Estate Agents)
- AptAmigo: Launching Your Leasing or Real Estate Career
- Apply to AptAmigo Now
The Main Difference Between a Leasing License vs. a Real Estate/Broker’s License
What’s the difference between a leasing license and a standard real estate (or broker’s) license? The short answer is the scope of work and credentials they allow. A leasing license permits an individual to engage in residential rental transactions only – essentially helping landlords and property managers find tenants – while a real estate license (often called a salesperson or broker’s license, depending on the state) authorizes an agent to handle all real estate transactions, including sales and leasing (work.chron.com). In practical terms, a leasing license is a more limited credential geared toward apartment leasing, whereas a full real estate license is broader and often required for buying and selling homes. For example, Illinois offers a dedicated “Residential Leasing Agent” license strictly for leasing apartments (allpropertymanagement.com), but in most other states (like Georgia, Colorado, Texas, etc.), anyone who helps others rent property must hold a general real estate license (aceableagent.com).
Another key difference lies in training requirements and career flexibility. Leasing licenses typically require fewer education hours and a narrower exam, making them a quicker way to start working in rentals. In Illinois, for instance, the leasing agent license requires only a 15-hour pre-license course and exam, while a full broker’s license requires ~90 hours of education and a more comprehensive exam (allpropertymanagement.com). However, the real estate license confers a wider range of practice: a fully licensed real estate agent can list and sell properties, represent buyers and sellers, and perform leasing services too, whereas a leasing agent cannot conduct real estate sales. Below, we dive deeper into each license type and what it means for your real estate career.
Related: Proptech Startups: Types of Real Estate Technology Companies
Leasing License: Definition and Scope



A leasing license (sometimes called a residential leasing agent license) is a state-issued credential that allows an individual to legally engage in leasing transactions for residential real estate. Leasing agents focus strictly on rental properties – showing apartments or rental homes, screening tenants, and facilitating lease signings on behalf of landlords or property owners (aceableagent.com). Unlike independent real estate agents, leasing agents often work as employees of a property owner, management company, or brokerage firm that specializes in rentals (aceableagent.com). They usually do not handle purchases or sales of real estate – their role is limited to rentals. As Illinois law plainly states, “a ‘leasing agent’ license is available and can be used only for residential leasing activities. Leasing agents must be sponsored and employed by a sponsoring broker” (allpropertymanagement.com). In other words, leasing licensees operate under the supervision of a licensed real estate broker and cannot practice entirely on their own.
Leasing licenses are not available in every state. Only a few states (such as Illinois and a handful of others) offer a separate leasing agent license category (work.chron.com). In most U.S. markets – including cities where AptAmigo operates, like Denver, Atlanta, Nashville, Charlotte, Miami, Austin, Dallas, Houston, and San Antonio – there is no special leasing-only license. Instead, anyone conducting leasing for others must obtain the standard real estate license for that state (aceableagent.com). Some states do carve out narrow exceptions: for instance, an on-site salaried apartment manager might be allowed to show units and collect applications without a license, as long as they do not negotiate lease terms or handle money for others (aceableagent.com). However, the moment an individual starts actively marketing rentals, soliciting tenants, negotiating leases, or collecting rent on behalf of a landlord for a fee, they are engaging in licensed real estate activities in the eyes of the law (aceableagent.com). To summarize: a leasing license is a quicker entry point into real estate rentals, but it comes with the trade-off of limited scope. It’s ideal for those who know they want to work in apartment leasing (for example, an apartment locator in a big rental market like Chicago) without immediately pursuing the more extensive requirements of a full real estate license.
Related: Real Estate Customer Service: Best Practices
Real Estate Agent License: Definition and Scope
A real estate agent license is the standard credential required to practice real estate brokerage – encompassing sales, purchases, and rentals of real property. In many states, this is called a real estate salesperson license, while some states use the term broker license for the entry-level license (we’ll clarify the “broker” title in the next section) (vaned.com). Earning a real estate license means completing a state-mandated education program (usually anywhere from ~60 to 180 hours of coursework), passing a comprehensive exam, and affiliating with a licensed brokerage. Once licensed, a real estate agent can represent clients in buying or selling homes, list properties for sale, negotiate contracts, and also facilitate rentals (there is no need for a separate leasing credential) (allpropertymanagement.com). In short, a real estate license grants much broader authority than a leasing license – it’s the credential you need to be a Realtor® or real estate agent helping clients purchase or sell property, and it also covers rental transactions.
One important aspect of the real estate agent license is that agents must work under a broker’s supervision; they cannot operate independently or open their own real estate office until achieving a higher broker qualification. As one real estate education source explains, “agents (sometimes called salespeople) require supervision to practice. Brokers don’t” (vaned.com). In practical terms, when you get a real estate agent license, you will hang that license with a brokerage firm and usually have a Managing Broker or broker-in-charge who oversees transactions. The terminology varies by state – for instance, in Colorado and Illinois, the entry-level licensee is actually called a “Broker” but still must work under a Managing Broker; whereas in Georgia or Texas, you’re initially called a Salesperson or Agent until you upgrade to Broker. Despite these naming differences, the concept is similar: the initial real estate license authorizes you to do everything an agent does (sales and leasing) under brokerage supervision (investopedia.com).
To highlight the breadth of a real estate license: a fully licensed agent can one day help a family buy a house in the suburbs, and the next day assist another client in renting a downtown apartment. Many apartment leasing specialists in cities like Chicago or Dallas actually hold a standard real estate license, which gives them the flexibility to handle a sale if the opportunity arises. Indeed, all Realtors (members of the National Association of Realtors) are licensed real estate agents or brokers first; “Realtor” is just a professional affiliation on top of the state license. If you aspire to a long-term career in real estate with the ability to grow into sales, investing, or even starting your own brokerage, the real estate agent license is the more comprehensive credential to obtain.
Broker’s License: Definition and Independence
The term “broker’s license” can cause some confusion because it’s used in two ways. Generally, a real estate broker is an agent who has pursued additional education, passed a higher-level exam, and obtained a broker license that allows them to work independently and even employ other agents (investopedia.com). In states where the entry-level is called a salesperson, the broker’s license is this upgrade. Brokers can do everything a regular agent can do and more – notably, they can open their own brokerage firm, supervise other agents, and directly accept client payments and commissions. By contrast, a non-broker agent’s commissions must be paid through their broker, and they cannot operate on their own. To earn a broker’s license, states typically require a few years of experience as a licensed agent plus additional coursework. For example, many states mandate 2–3 years of experience before you can even sit for the broker exam (allpropertymanagement.com). The broker course often covers advanced topics like brokerage management, real estate law, and contracts in greater depth.
However, in some states (like Illinois, Washington, and Colorado), the term “broker” is used for all licensed agents. In Illinois’s current system (post-2011), what used to be called a salesperson is now termed a Broker, and the higher license is called Managing Broker (allpropertymanagement.com). But the essence remains: the Managing Broker license is analogous to the broker’s license elsewhere – it confers the ability to run a brokerage or manage agents. For simplicity, in this article, when we say “real estate license,” we mean the initial level (agent), and “broker’s license” refers to the higher, supervisory credential. According to Investopedia’s definition, “A real estate broker does the same job as an agent but is licensed to work independently and may employ agents” (investopedia.com). In other words, the broker’s license is about independence and leadership in the real estate profession.
So, how does the broker’s license factor into the leasing vs. real estate license discussion? If you’re just starting out, it usually doesn’t — you’ll be getting either a leasing license or a standard agent license first. A broker’s license becomes a goal down the line once you have experience. Importantly, a broker (with a broker’s license) can perform leasing and sales just like any agent. In fact, brokers often handle larger clients or complex transactions (commercial leases, brokerage management for apartment portfolios, etc.). If your ambition is to eventually run your own brokerage or property management company in a city like Chicago or Austin, you will need to obtain a broker’s license after first working as an agent for the required number of years (allpropertymanagement.com).
Do They Get Paid the Same? (Leasing Agents vs. Real Estate Agents)



One practical question is: how do earnings differ between someone with a leasing license and someone with a full real estate license? The compensation structure can indeed vary. Typically, real estate agents (salespersons/brokers) work on a commission basis – they earn a percentage of each property sale they close, or a fee for each rental they broker. In a traditional home sale, an agent might earn around 2.5%–3% of the sale price (split from a 5–6% commission shared with the other agent and their brokerage). For rental deals, commissions are often around one month’s rent or a percentage of the annual lease, paid by the landlord. These commissions can be sizable per transaction, but sales transactions are fewer and farther between. Leasing agents, especially those who are direct employees of an apartment community or property owner, are often paid a base salary or hourly wage plus small bonuses for each lease signed, rather than large commissions (aceableagent.com). AceableAgent notes that “real estate agents generally work off of commission, while leasing agents usually have a fixed salary set by their employer” (aceableagent.com).
However, it’s important to distinguish different contexts of leasing. An on-site leasing consultant at a luxury high-rise in Miami, for example, might earn an hourly wage + leasing bonuses; whereas an independent apartment locator in Dallas (who is a licensed real estate agent focusing on rentals) might work purely on commissions, similar to a sales agent. In fact, many apartment leasing brokers (like those at AptAmigo) are licensed real estate agents whose income comes from commissions paid by property owners. The key difference is that rental deals tend to close much faster and more frequently than home sales. A leasing specialist might close dozens of apartment rentals in the time a sales agent closes a handful of home sales. As one experienced apartment locator put it, “An apartment commission may not be as high as a home commission, but you’ll likely be closing SO many more deals in rentals. Those rental deal commissions could easily surpass the commissions made in buy/sell” (blog.aptamigo.com). For instance, a rental agent might earn a $500–$1500 fee on each apartment leased but close 5–10 leases a month, whereas a buy/sell agent might earn $10,000 on one house sale but only close a few sales in that same month.
In general, new agents often find it easier to start earning with rentals because of the quicker turnaround. Leasing-focused agents can build up their pipeline and income rapidly, especially in high-demand rental markets (Chicago’s busy spring rental season, for example). Meanwhile, sales agents might have a longer ramp-up time for those big commissions. It’s also worth noting that because leasing agents with a limited license must work under a broker, they might be paid more like support staff in some cases (hourly or salary). But if you operate as a fully licensed real estate agent doing leasing, you have the freedom to structure your pay via commission splits with your brokerage. Ultimately, the earnings potential can be high in both paths, but the cadence and structure differ: leasing = smaller but frequent payouts, sales = larger but sporadic payouts (blog.aptamigo.com). Many real estate professionals choose to do both – using leasing deals to supplement their income between sales, which is a strategy increasingly common in today’s market.
Related: How Real Estate Agents Make Money
AptAmigo: Launching Your Leasing or Real Estate Career



If you’re considering which path to take – leasing agent vs. real estate agent – why not choose a career that lets you capitalize on the best of both worlds? AptAmigo is uniquely positioned as a brokerage that focuses on luxury apartment rentals in major cities, giving our team members the opportunity to thrive in the high-volume world of leasing while maintaining the option to do sales. At AptAmigo, our Apartment Locators (leasing specialists) are almost all licensed real estate agents, which means they can handle rentals and any sales referrals that come their way. They guide renters to their dream apartments in Chicago, Denver, Atlanta, Nashville, Charlotte, Austin, Dallas, Houston, San Antonio, Miami, and other AptAmigo markets, performing a role much like traditional agents, but for renters instead of buyers (blog.aptamigo.com). This unique model allows new agents to gain experience quickly through leasing transactions, without sacrificing the future ability to do sales. In fact, AptAmigo welcomes both seasoned real estate professionals and newcomers just starting out in real estate – whether your background is in home sales or you’re brand new with a leasing license, you can find a growth opportunity here (blog.aptamigo.com).
Leasing at AptAmigo offers some big advantages for an agent’s income and development. First, the sheer volume of rental clients (particularly in booming rental markets) means agents can achieve a steady stream of commissions. As AptAmigo’s CEO, Dan Willenborg, has noted, experienced buy/sell agents who joined AptAmigo have built “a six-figure run-rate income in less than 2 months by plugging in to our proprietary leasing platform, while still retaining the ability to do buy/sell transactions” (blog.aptamigo.com). The commissions on each deal may be smaller than a house sale, but because leases close so frequently and quickly, the overall earning potential can match or exceed that of traditional sales careers (blog.aptamigo.com). Second, AptAmigo provides extensive support to help our agents succeed: we generate instant leads (no cold-calling needed to find renters ready to move), offer active mentorship and training, and equip our team with a custom CRM platform to streamline the apartment search process (blog.aptamigo.com). Our Operations and Touring support staff handle many of the logistics, enabling agents to focus on client relationships and closing deals (blog.aptamigo.com). In short, we’ve created an environment where someone with just a leasing license can quickly ramp up their skills, and a seasoned agent can multiply their transactions, all while delivering top-notch service to clients.
Crucially, AptAmigo is a fully licensed brokerage in each state we operate, so our leasing-focused agents comply with all licensing laws (meaning if you join us in Illinois, you could start with a leasing agent license under our sponsorship, whereas in states like Texas or Colorado, you’d come in with the required real estate license). We handle the backend so you can hit the ground running. Many people who switch from buy-sell to rentals, or start out in rentals, find that the fast-paced leasing environment improves their sales skills too – you get a crash course in client service, market knowledge, and negotiation by dealing with so many deals. And because clients pay nothing out of pocket for our services (apartment owners pay the commissions), it’s an easy value proposition to renters, which means more business for you (blog.aptamigo.com). Whether you have a leasing license or a broker’s license, AptAmigo provides a platform to leverage it to the fullest and build a successful real estate career in your city.
Apply to AptAmigo Now
Ready to kick-start your career in real estate or expand your existing business into rentals? AptAmigo is hiring! We invite you to explore our current openings for Apartment Locators and other roles on our Open Positions page (blog.aptamigo.com). Our team is growing across all our markets, and we’re looking for passionate people — whether you’re a newly licensed leasing agent or an experienced Realtor — who want to join the best-reviewed apartment locating service in the country (blog.aptamigo.com). When you join AptAmigo, you gain instant access to qualified leads, training, tech tools, and a collaborative culture that sets you up to thrive. We’ve perfected a done-for-you apartment search model that renters love, and we need talented agents to help us keep raising the bar.
Apply now to become part of a company that’s “rapidly disrupting the apartment locating industry” and achieving thousands of percent growth (blog.aptamigo.com). Whether your goal is to master the rental market or you aim to eventually sell homes too, we’ll help you get there. Start with us as an apartment locator, and who knows — you might soon be closing more deals (and earning more) than you ever imagined, all while helping people find homes they love. Reach out today and let’s build the future of real estate together!
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AptAmigo is proud to be an equal opportunity workplace and does not discriminate based on race, religious creed, color, national origin, ancestry, genetic information, physical or mental disability, medical condition, marital status, gender, age, sexual orientation, gender identity, veteran status, or any other characteristic protected by applicable law, in connection with any aspect of employment at AptAmigo.
Works Cited
AceableAgent Career Center. “How Do I Become a Leasing Agent in Pennsylvania?” AceableAgent, n.d.
All Property Management. “Property Management Laws in Illinois.” AllPropertyManagement.com, updated 2023.
AptAmigo Marketing Staff. “Realtor Vs. Real Estate Agent: What’s the Difference?” AptAmigo Industry Blog, September 27, 2023.
AptAmigo Marketing Staff. “Why Buy-Sell Real Estate Agents Are Becoming Apartment Locators.” AptAmigo Careers Blog, January 4, 2023.
Investopedia. “The Differences Between a Real Estate Agent, a Broker, and a Realtor.” Investopedia, updated June 2022. Petersen, Lainie. “How to Become a Certified Apartment Leasing Agent.” Chron, Houston Chronicle, n.d.

























