Estate management is one of the important key niches when we are talking about the effective maintenance of real estate. An estate manager often works in coordination with a property owner to propose a plan and execute overall supervision of real estate. An estate manager is responsible for hiring and training potential subordinates to meet the service needs of residential, commercial or industrial properties. They also handle financial matters including budgeting, payroll and accounting for the estate staff.
Job Qualifications & Experience
Most employers choose candidates with a bachelor’s degree in business administration, real estate or finance. Generally, managers receive training during the job period, which also includes instructions on how to manage a team and fix issues evident on the site. An internship in a relevant position or a strong recommendation may help you in pushing up your proposal.
Job Prospects & Remuneration
According to the US Bureau of Labor Statistics, the projected job growth for estate managers is 8% from the year 2014 to the year 2024. The median pay for a real estate manager on a yearly basis is roughly around $55,380.
Job Skills Needed
Estate managers must possess strong analytical and interpersonal skills, which includes effective communication with the property owners and the subordinate managing staff. Having some knowledge about maintenance tools can be helpful in tackling real-time situation. Here are a few other skills one needs to have, for a lucrative career in real estate management.
- Strong leadership abilities
- Ability to show strong directorial skills
- Computer literacy and record keeping
- Temperament and composure to handle a managing team
- Customer service skills
- Ability to negotiate with different clients
- Organizing and assigning tasks as per the need
- Strong communication skills
- Capacity to handle tongue-tied situations
Job Scope Requirements
Your job as a real estate manager may be varied depending upon the requirement, but these are some of the typical duties you have to perform:
- Check for maintenance and organize repairing work, if required
- Monitor tenancy contracts and deal with the applications
- Assess worth of a particular property for a certain period of time
- Make sure a property is being used for a legal purpose
- Negotiate with property owners and interested clients about purchase agreements and recommendations
- Make financial reports and keep a record of transactions
- Offer advises on property purchase issues
- Attend scheduled meetings with other organizations
- Be updated with legal guidance and environmental issues.
Want to Apply for an Estate Manager Position Today?
At The Calendar Group, we endeavor to hire a potential candidate to entertain a specific requirement of our corporate staffing projects. We can set up a personal meeting with you, in order to assess whether you have the required skills to grab the position of an estate manager in one of our reputed client’s company. Please take a note that you must have strong recommendation, relevant qualifications and eligibility to work legally in the United States. Give us a call today and leave an email, if you feel you have the ability to make the cut.