Description

A real estate leasing manager handles the the concerns of leasing and rental tenants. They typically work for property management companies which deal with a wide range of property types and handle commercial buildings, apartment complexes, and university apartments, among others. Much of their job involves showing properties to potential tenants, and they also deal with tenant complaints such as maintenance problems.The minimum requirement to be a leasing manager is a high school diploma, but most companies prefer those with a college degree in business, finance, or real estate. Typically, a 2-year or 4-year degree is appropriate. Some states may also require the leasing manager to be certified for government-subsidized housing. Some employers require several years of real estate experience for manager positions.A real estate leasing manager needs to be proficient with computers, fax machines, and scanners, and software for accounting, spreadsheets, and databases is used frequently. He or she must also a clean driving record and be able to pass a drug test and background check.Real estate leasing managers work both indoors and outdoors. They typically work in an office in a property management company, but much of their work involves traveling and being on their feet while showing properties to clients. They must also be able to effectively handle the stress of disgruntled tenants, so strong communication and customer service skills are essential. The work hours are often the 9-to-5 business schedule, but these managers may sometimes be needed on nights or weekends.

Roles & Responsibilities

As a Real Estate Leasing Manager with 6-9 years of experience in the AE, your main responsibilities include:

  • Oversee and manage the leasing process for residential and commercial properties, ensuring timely and efficient transactions.
  • Develop and maintain relationships with property owners, landlords, and tenants to ensure high occupancy rates and tenant satisfaction.
  • Conduct market research and analysis to determine rental rates, negotiate lease agreements, and maximize rental income.
  • Supervise leasing agents and support staff, providing guidance and training to ensure smooth operations and adherence to leasing policies and procedures.

Qualifications & Work Experience

An Estate Leasing Manager is responsible for overseeing leasing operations of real estate properties. They are accountable for locating and screening prospective tenants and negotiating lease agreements and making sure that all required documents are completed. They also manage the renewal of leases, collection of rent, and tenant complaints or concerns. In addition the Real Estate Leasing Manager may be in charge of establishing and implementing strategies for marketing to draw in potential tenants and increase occupancy rates. This job requires a strong ability to communicate and negotiation abilities, along with an understanding of all the laws and regulations governing real estate.

Essential Skills For Real Estate Leasing Manager

1

Investing Strategies

2

Real Estate

3

Consultation

Career Prospects

The role of a Real Estate Leasing Manager requires 6-9 years of experience in the United Arab Emirates region. If you're considering alternative career paths, here are four options to explore:

  • Property Manager: Take on the responsibility of overseeing the day-to-day operations of properties, including maintenance, tenant relations, and lease administration.
  • Asset Manager: Manage a portfolio of properties, focusing on maximizing their value and profitability through strategic planning, financial analysis, and tenant retention.
  • Real Estate Development Manager: Lead the development of new properties or renovation projects, from site selection and feasibility studies to coordinating with architects, contractors, and other stakeholders.
  • Commercial Broker: Utilize your expertise in real estate leasing to help clients find suitable commercial spaces, negotiate leases, and provide market analysis.

How to Learn

The real estate leasing manager role in the United Arab Emirates is projected to experience substantial growth in the market. Over the past 10 years, this job role has witnessed significant demand due to the rapid development and expansion of the real estate sector in the country. According to Google data, this trend is expected to continue in the future, providing a favorable job market for aspiring leasing managers. The projected growth indicates a rise in employment opportunities, making it an encouraging career choice for individuals seeking a role in the real estate industry in the United Arab Emirates.