Real Estate Office Manager Job Description, Key Duties and Responsibilities
This post provides exhaustive information on the job description of a real estate office manager, to help you learn the work they do.
It highlights the key tasks, duties, and responsibilities that typically make up the real estate office manager work description.
It also presents the major requirements that recruiters/employers may want you to meet if you are seeking the real estate office manager role.
Please, continue reading to increase your knowledge of the real estate office manager career:
What Does a Real Estate Office Manager Do?
A real estate office manager is responsible for assisting clients with the process of buying, selling, leasing, and/or managing properties.
His/her job description involves duties such as overseeing and managing the coordination of sales, tackling tenet complaints, working collaboratively with a wide range of repair organizations and service providers, carrying out inspections, organizing and holding meetings with clients, and ensuring that database is well-managed and maintained.
In other words, a real estate office manager refers to one whose duty is to handle and/or manage financial and legal matters for individuals and companies that buy, sell, and/or lease out property.
One of the core tasks that are executed by a real estate office manager is to oversee and supervise all staff and their activities since each employee working on the estate must report directly to the office manager.
He/she is also responsible for carrying out performance reviews by meeting with employees to discuss their performance and any room for improvement, usually on a quarterly basis.
Also, since the development of estates, especially large ones will generally require the supply of products and/or materials from external vendors, a real estate office manager may be required to meet and liaise with vendors to negotiate contracts for food, furnishings, and technical materials to ensure good value.
Office managers in a real estate firm are also saddled with the responsibility of overseeing budget and system management by monitoring the many systems that keep a large estate running, which may include the annual budget, the schedules for all employees, the use of estate facilities, and the efficient and accurate management of payroll.
If you are interested in becoming a real estate office manager, you will need to have certain skills and qualities, including excellent management skills, good leadership skills, technical skills and adequate knowledge of the real estate industry.
Others are ability to carry out research, detail-oriented mind, excellent verbal and written communication skills, and strong interpersonal and teamwork skills; and ability to work in a fast paced environment.
In terms of academic qualifications, the ideal candidate for the real estate office manager job is expected to possess a Bachelor’s degree in Business, Real Estate Management, or Hotel and Restaurant Management, or in any other similar discipline.
Real Estate Office Manager Salary: The average salary for a real estate office manager, according to Jobhero, is in the $120,000 annually range.
Real Estate Office Manager Job Description Example/Sample/Template
Real estate office managers perform the responsibilities:
- Working directly and/or liaising with real estate property owners
- Overseeing and managing the planning and execution of the overall plan for the management of a property and/or employees
- Communicating real estate management plans with specialized staff and/or professional personnel
- Overseeing and managing the activities of staff on all levels, including recruitment and hiring, performance reviews, and termination when necessary
- Travelling to supervise all real estate locations if multiple properties are involved
- Meeting and/or liaising with vendors and suppliers to negotiate contracts
- Monitoring budget and system management, including annual budgets, the schedules for various employees, the utilization of estate facilities, and payroll management
- Acting as the direct representative of the estate in compliance with the property owner’s interests.
Real Estate Office Manager Job Description for Resume
If you are making a new resume or CV and have worked before as a real estate office manager, or are currently working in that role, you should boost the strength of your resume by including the professional experience section in it to show that work experience.
With the professional or work experience, you can effectively show to the recruiter/employer that you have been successful performing the real estate office manager duties and responsibilities.
This piece of information can greatly influence the recruiter/employer to grant you an interview, especially if the new position that you are applying for requires some real estate office manager work experience to be successful performing its duties and responsibilities.
You can create a captivating professional experience part of your resume or CV by applying the real estate office manager job description example provided above.
Real Estate Office Manager Requirements – Knowledge, Skills, and Abilities for Career Success
If you are seeking to work as a real estate office manager, here are major requirements most recruiters/employers may want you to fulfill to be hired:
- Excellent management skills which enable a real estate office manager to ensure that all parts of the estate operate smoothly
- Strong leadership skills; since a real estate office manager interacts with a large household staff and must be able to encourage them to give their best and also be proud of their work
- Strong technical skills, since he/she must have profound knowledge of spreadsheets and calculation software to efficiently and accurately keep track of payroll, schedules, and space management
- Excellent time management skills, as he/she must ensure that certain tasks are completed on time
- Excellent negotiation skills, since a real estate office manager must lead the negotiation of contracts with vendors and arrive at good deals
- Several years of professional and/or proven-work experience
- A Bachelor’s degree in any of Business, Real Estate Management, or Hotel and Restaurant Management or in any other related field.
This post is helpful to individuals interested in the real estate office manager career.
They will be able to improve their knowledge of the duties and responsibilities performed by real estate office managers and so will be able to decide rightly if that’s what they want to do.
This article is equally beneficial to recruiters/employers looking to find and hire competent individuals for the vacant real estate office manager position in their companies.
They can apply the above sample real estate office manager job description in creating a detailed description for the role for use in the recruitment process.