Real Estate Manager Job Description: Top Duties and Qualifications

A Real Estate Manager, or Property Manager oversees residential, commercial and industrial real estate on behalf of its owner. Their duties include keeping properties in good condition, helping owners create budgets and generating income on their behalf.

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Real Estate Manager duties and responsibilities

The exact duties of a Real Estate Manager depend on the requirements of the property owner. Those who manage smaller properties, may for instance, have a more hands-on role that could involve being responsible for daily services and operations. Generally, their main duties include:

  • Hiring, training and supervising staff members and Groundskeepers
  • Responding to reported maintenance issues and ensuring that the necessary repairs take place
  • Assisting property owners with financial tasks, such as mortgage, tax and insurance payments
  • Handling all tenant-related matters, including complaints, disputes and the collection of rental payments
  • Conducting regular inspections of properties and facilities to ensure that all is in order
  • Hiring, overseeing and paying contractors
  • Marketing vacant apartments, houses or buildings on behalf of property owners
  • Providing owners with regular updates and reports and making relevant recommendations
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Real Estate Manager Job Description Examples:

 

Example 1

Basic Qualifications · Real Estate development & Program Management experience · Bachelor's or Master's degree · Fluency in English Amazon opened its virtual doors in 1995 and strives to be the world’s most customer-centric company, where customers can find and discover anything they might want to buy online. Our Operations Real Estate team is looking to hire an analytical, technically skilled, EU Real Estate Program Manager that can drive innovation and execution in our EU network. The scope for this role includes the coordination, governance and visibility of program and project deliverables to ensure that these are delivered to time, cost and specification. In addition to this, the role will be the owner project management systems used as well as the overall change methodology. · Working with Program and Project leaders involved in the expansion of our logistics network in Europe. · Identify and introduce project management systems and workflows that support the efficient running and delivery of the program portfolio · Provide structured program updates to defined stakeholders highlighting program progress, performance and risk / opportunity · Lead the development of the OP1 / OP2 plan for the programs and provide inputs to EU teams. · Overall coordination of the tech product roadmap working across multiple teams · Provide both a mix of support, coaching and challenge to the EU Program team in the pursuit of roadmap delivery · Design and coordinate program governance systems and their respective inputs and outputs · Provide support and structure to the Real Estate team working on their behalf to support product delivery across cross functional teams · Highly proficient in the use of Excel and project management tool · Ability to think and influence both quantitatively and qualitatively · Written and verbal communication skills · Demonstrated analytical skills; business trend analysis and forecasting · Demonstrated ability to successfully influence multiple stakeholders and lead cross functional teams across geographies and business units · A high level of business acumen, including successful P&L management · The ability to think strategically, anticipate future trends, develop product roadmaps, and deliver on those plans Other European languages a plus. Amazon is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decision based on your experience and skills. We value your passion to discover, invent, simplify and build. We welcome applications from all members of society irrespective of age, sex, disability, sexual orientation, race, religion or belief. Interested in what you've just read? We are looking forward to receiving your application.

Example 2

The Great Western in Wolverhampton WV10 0DJ Iconic Real Ale Railway Pub Seeks Manager or [website] 35k for single Manager or £55k for couple (with live in accommodation) Independent Pub management Company seeks manager or management couple for Restored bustling Wolverhampton Real Ale City Centre Pub. Candidates will need an understanding and a passion for real ales along with exemplary Cellar management Skills. You also need to have a knowledge and understanding of simple, good pub food and if a couple the ability to run and manage a busy kitchen. The role will include ordering, arranging rotas managing staff, managing the cellar, and if a management couple, the ability to also run and manage the kitchen. Support will be provided where needed, your focus will be becoming the Heart and Soul of the business, having a front of house presence and leading your team to deliver the highest possible service and standards. We are looking to reopen when restrictions ease but you will need to begin building and training your team before then. Required Skills: Personal Licence Holder Understanding and knowledge of Real Ales and Cellar Management At Least 2 years Experience as a Pub Manager in a similar environment. A Hands on ‘can do’ attitude with a desire to build and lead a strong team. The love of all things Railway gets bonus points! What We Offer In Return: Small Independent family run Company. A competitive salary package with bonus incentive scheme. newly refurbished live in accommodation. Company Pension Scheme. Award Winning Real Ales which sell themselves Job Types: Full-time, Permanent Salary: From £35,000.00 per year Additional pay: * Performance bonus * Tips Benefits: * Company pension * On-site parking COVID-19 considerations: all our pubs are fully Covid complaiant Experience: * Real Ale Trade: 3 years (required) * persoanl licence (required) Work remotely: * No

Example 3

If you're interested in working as part of a skilled, dynamic, caring and fun team while progressing your career, then Atlantis is the company for you. *Introduction* Atlantis delivers outstanding management to our clients and lessees. We are focused on growing and changing the face of the estate management industry and looking at ways of developing initiatives to ensure that our day to day management is as effective as possible. Our key values of quality, trust, responsibility and communication are the bedrock on which our business has succeeded over the past 20 years. *Reporting to* Our Senior Estate Manager *In a nutshell* The successful individual will be responsible for proactively managing a portfolio of residential housing estates and apartment buildings in the South region. You will be the key contact for both our client and homeowners residing within the estates and will arrange maintenance works in accordance with an annual budget, as well as carrying out site inspections on a periodic basis. *What you need to do* · Provide excellent customer service; · Meet with clients as and when required at board meetings usually held via video conference; · Carry out periodic site inspections and prepare a report for the client; · Arrange quotations and instruct maintenance works were required for repairs; · Ensure cyclical client deadlines are met for each client; · Maintain good response times for incoming customer communications by telephone, email and in writing; *What you need to know and show* · Experience in working in the real estate industry, preferably in property management; · Effective communicator with customers, including audiences of varying real estate and commercial acumen; · Good IT skills to include preparation of accurate documentation; · Self-motivated team player; · Proven history of effective prioritisation and ability to push back when appropriate; Job Types: Full-time, Permanent Salary: £25,000.00 per year Benefits: * Company pension Schedule: * 8 hour shift * Monday to Friday Experience: * Property Management: 1 year (preferred) Work remotely: * No

What does a Real Estate Manager do?

Property owners employ Real Estate Managers for various reasons. Some may lack the expertise to deal with tenants and take care of maintenance tasks. Others who own multiple properties may need hands-on assistance in running their estates in their absence. Apart from overseeing the upkeep of a property and functioning as a liaison between landlords and tenants, Real Estate Managers may also provide financial and legal advice for property owners. Some property owners may even require that a Real Estate Manager handles all activities that lead to the purchase, sale, lease or development of a property.

Real Estate Manager skills and qualifications

Real Estate Managers interact with people throughout their working day. Whether they’re reporting to a landlord, overseeing contractors or dealing with tenants, Real Estate Managers should have excellent communication skills. They need the ability to listen to relevant parties and must also be able to effectively share information. A successful Real Estate Manager candidate will have various other prerequisite skills and qualities, which include:

  • Good problem-solving skills to come up with effective solutions when challenges arise
  • Excellent organisational skills to effectively manage the operations of multiple properties
  • The ability to build effective relationships with owners and tenants
  • Knowledge of relevant real estate laws and regulations
  • Solid financial acumen to assist owners with financial activities
  • Excellent customer service skills to provide both owners and tenants with the service and support they require
  • Good marketing skills to effectively market properties

Real Estate Manager experience requirements

The level of experience a Real Estate Manager needs depends on the position. Some employers may ask that candidates show previous experience in commercial or residential property management. Others may be satisfied if candidates have previous experience working in real estate or a professional customer service environment. Depending on the position, candidates may need to meet specific requirements, such as knowledge of relevant legislation or experience in managing a portfolio of high-end properties.

Real Estate Manager education and training requirements

There are no fixed education or training requirements for this profession. Whereas some Real Estate Managers have a few GCSEs, others hold a bachelor’s degree in real estate, finance or business administration. There are various professional qualifications that candidates can obtain to develop their skills and knowledge in the field. The Association of Residential Letting Agents (ARLA), for instance, offers many relevant qualifications. Examples include the Level 2 Award in Introduction to Residential Property Management Practice or the Level 3 Award in Residential Letting and Property Management.

Real Estate Manager salary expectations

According to Indeed Salaries, the average salary for a Real Estate Manager in the U.K. is £54,971 per year. Salaries vary depending on factors like location, employer and level of experience.

Job description samples for similar positions

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Real Estate Manager job description FAQs

What's the difference between a Real Estate Manager and a Facility Manager?

Although the duties and responsibilities of these two occupations overlap, they are distinct roles. A Facility Manager is responsible for the maintenance of a building and may also manage staff, such as Cleaners and Gardeners. A Real Estate Manager has added responsibilities, such as managing leases, collecting rent and ensuring that an owner reaches their financial and asset management goals.

What are the hours of a Real Estate Manager?

Real Estate Managers typically have regular Monday to Friday, 40-hours work schedules. However, they may be on call for emergencies, which may include working evenings, weekends and bank holidays.

Which companies can benefit from hiring Real Estate Managers?

Real Estate Managers typically work for property management firms or estate agency companies.

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