Real Estate Manager
1 month ago
**Department**: Real Estate Management
**Location**: RAK
**Reports to**: Property Owner
**Job Summary**:
**Key Responsibilities**:
- **Property and Lease Management**:
- Oversee the leasing process, including marketing available properties, negotiating lease terms, and securing tenant agreements.
- Ensure all leases comply with legal requirements and company standards.
- Manage tenant relations by addressing inquiries, resolving issues, and maintaining open communication channels to enhance tenant satisfaction and retention.
- **Financial Management**:
- Develop and manage property budgets, including forecasting rental income, operational expenses, and capital expenditure.
- Monitor rent collection, coordinate with accounting for timely payments, and follow up on outstanding balances.
- Analyze financial performance, track property profitability, and implement strategies to maximize revenue and control costs.
- **Maintenance and Facility Management**:
- Coordinate property maintenance activities to ensure all units are in optimal condition, working closely with the maintenance team and service providers.
- Schedule regular property inspections and preventive maintenance to identify and resolve issues promptly.
- Oversee renovations and refurbishments as needed, ensuring quality work and adherence to budget and timelines.
- **Compliance and Risk Management**:
- Ensure properties comply with local regulations, zoning laws, health and safety standards, and environmental guidelines.
- Manage contracts with vendors and service providers, ensuring compliance with company policies and relevant laws.
- Implement risk management measures to protect assets and mitigate liabilities.
- **Tenant Acquisition and Retention**:
- Develop and execute marketing strategies to attract and retain tenants, including listing properties and utilizing digital marketing channels.
- Conduct market research to assess competitive properties, rental rates, and market trends.
- Foster long-term tenant relationships and manage tenant renewals, ensuring high occupancy rates and mínimal vacancy periods.
- **Reporting and Analysis**:
- Prepare and present regular reports on property performance, occupancy rates, revenue, and expenses to management.
- Track and analyze market trends and property valuations to inform strategic decisions.
- Provide data-driven insights and recommendations to improve property value and tenant satisfaction.
**Qualifications and Skills**:
- **Education**: Bachelor’s degree in Real Estate, Business Administration, or a related field.
- **Experience**: 10+ years of experience in real estate management, property management, or a similar role.
- **Skills**:
- Strong knowledge of real estate principles, leasing practices, and property management laws.
- Proficiency in financial management, including budgeting, reporting, and analysis.
- Excellent interpersonal and communication skills to manage tenant relations and negotiate leases.
- Familiarity with property management software (e.g., Odoo, Yardi, or equivalent).
- Strategic thinking and problem-solving abilities, with strong attention to detail.
- Ability to work under pressure and adapt to changing priorities.
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