real estate manager

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.

Alternative Labels

real estate manager

estate manager

estate administrator

real estate officer

property rental manager

regional real estate manager

estate coordinator

property administrator

property management officer

co-ownership property manager

building rental manager

retail real estate manager

property management agent

property rental coordinator

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

control financial resources trace financial transactions create insurance policies provide cost benefit analysis reports create a financial plan obtain financial information supervise property development projects collect rental fees analyse market financial trends follow company standards maintain financial records analyse financial performance of a company strive for company growth organise a damage assessment compare property values liaise with managers plan health and safety procedures audit contractors analyse insurance risk manage personnel enforce financial policies execute feasibility study advise on financial matters monitor contractor performance manage contracts

Essential Knowledge

financial management budgetary principles corporate social responsibility property law real estate market financial analysis financial statements

Optional Skills and Competences

advise on property value inform on renting agreements examine the conditions of buildings negotiate with property owners manage budgets value properties recruit employees provide information on properties attend trade fairs develop professional network

Optional Knowledge

modern portfolio theory concurrent estate

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/0f5b4653-50b2-413a-826d-39d447480c21

Status

released

Occupations