real estate manager

Description

Real estate managers handle and oversee the operational aspects of commercial or residential properties such as private apartments, office buildings and retail stores. They negotiate contracts for lease, identify and plan new real estate projects and construction of new buildings by partnering with a developer to identify the appropriate site for new buildings, coordinate the feasibility study for new constructions and supervise all the administrative and technical aspects involved in expanding the business. They maintain the premises and aim to increase its value. They hire, train and supervise personnel.

EssentialOptional

Theoretical Knowledge

financial management financial statements financial analysis budgetary principles property law real estate market corporate social responsibility modern portfolio theory concurrent estate

Practical Skills

analyse financial performance of a company analyse insurance risk supervise property development projects maintain financial records control financial resources compare property values provide cost benefit analysis reports manage contracts follow company standards manage staff execute feasibility study obtain financial information advise on financial matters create insurance policies monitor contractor performance collect rental fees liaise with managers enforce financial policies audit contractors trace financial transactions strive for company growth analyse market financial trends organise a damage assessment create a financial plan negotiate with property owners provide information on properties attend trade fairs advise on property value inform on renting agreements examine the conditions of buildings plan health and safety procedures manage budgets develop professional network recruit employees value properties