Real Estate Manager Duties & Responsibilities
The role and function of a Real Estate Manager includes the following duties and responsibilities:
- Making sure that a price is agreed that is acceptable to both buyer and seller;
- Act as a property manager and resolve any issues that arise with properties.
- Keeping up to date with trends in the local residential property market, as well as the commercial market.
- Marketing and promoting properties for sale;
- Representing the sellers in negotiation with prospective buyers;
- Monitoring sales as they proceed and liaising with all interested parties including mortgage brokers, solicitors, surveyors and other estate agents;
- Vet prospective tenants by collecting references and carrying out credit checks;
- Collecting information about a property and arranging for photographs to be taken;
- Visiting and talking to the sellers about their property and its special features;
- Estimating the value of the property;
- Ensure properties meet legal and health and safety requirements, e.g. gas safety certificates;
- Advising clients and helping buyers to decide what they want to buy;
- Draw up tenancy agreement contracts;
- Collect or organize rent payments;
Note that this is not an exhaustive list of Real Estate Manager duties and responsibilities. Job functions for specific Real Estate Manager roles may vary, depending on the industry and type of employer.