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

building rental manager

co-ownership property manager

estate administrator

estate coordinator

estate manager

property administrator

property management agent

property management officer

property rental coordinator

property rental manager

real estate officer

regional real estate manager

retail real estate manager

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

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

Essential Knowledge

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

Optional Skills and Competences

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

Optional Knowledge

concurrent estate modern portfolio theory

Skills & Competences

Concept status

Concept Uri

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

Status

released

Occupations