Real Estate Manager job description

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What does a Real Estate Manager do?

The Real Estate Manager is responsible for overseeing leasing, acquisition, and development activities to optimize the company's property portfolio. This role is essential for supporting growth by effectively managing assets and ensuring strategic real estate operations align with company goals.

Free Real Estate Manager Job Description Template

Free Real Estate Manager Job Description Template

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What are the Key Responsibilities of Real Estate Manager

  • Identify and evaluate new real estate opportunities for acquisition.
  • Negotiate lease agreements and manage lease renewals.
  • Oversee property management operations to ensure optimal performance.
  • Analyze market trends to inform strategic decision-making.
  • Develop and implement strategies for property portfolio expansion.
  • Prepare and manage the annual budget for real estate operations.
  • Lead and guide teams in project development activities.
  • Ensure compliance with relevant real estate laws and regulations.

What are the Skills and Requirements for a Real Estate Manager?

  • Strong understanding of real estate market dynamics and property management.
  • Excellent negotiation and analytical skills.
  • Proficient in real estate management software and financial modeling.
  • Effective communication and leadership abilities.
  • Ability to manage multiple projects and meet deadlines.

What are the KPIs to track for Real Estate Manager?

The performance of the Real Estate Manager is evaluated through the successful expansion and management of the property portfolio, achieving cost-effective lease agreements, and ensuring high occupancy and tenant satisfaction rates.
Portfolio Growth
Expansion and diversification of property assets.
Lease Management
Achievement of competitive lease terms and conditions.
Occupancy Rates
Maintaining high occupancy rates across managed properties.
Reports to
Director of Real Estate
Collaborates with
Finance Team, Legal Team, Development Teams
Leads
Property Managers, Leasing Agents

Are any specific tools or software required for the Real Estate Manager role?

  • RealPage
  • Yardi
  • Argus
  • CoStar
  • Microsoft Excel

What is the qualification of Real Estate Manager?

Bachelor's degree in Real Estate, Business Administration, or related field; 5+ years of experience in real estate management or a similar role.

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