Real estate transaction managers oversee all real estate transactions on behalf of their organization. They are in charge of organizing and resolving legal and financial matters related to these real estate activities, as well as provide support to staff to ensure that transactions are performed according to credit-related agreements. Some of the real estate transaction manager's main functions also include monitoring liabilities, serving as the first point of contact for credit executives and bank associates, and interact with real estate professionals, bank associates, and legal counsel as needed.
These managers must regularly use a personal computer to keep accurate records of real estate transactions and write reports. They must have the leadership skills to motivate real estate professionals to identify problems with transactions that can negatively affect their organization. They also assess the financial viability of real estate deals, as well as modify contracts as required to benefit their company and prevent future legal incidents.
Real estate transaction manager positions generally require a bachelor's degree in business administration, accounting, or a similar field. Previous relevant real estate experience is generally needed as well, and industry and leadership certifications may be beneficial. These managers must be organized and pay close attention to detail, as well as possess strong communication skills.
Transaction Manager, Real Estate Tasks
Evaluate potential real estate contracts, propose changes, and negotiate deals that are beneficial to the company.
Manage transactions to timely completion and file all required documentation and paperwork.
Coordinate transactions for leases, purchases, expansions, and subleases for company's real estate portfolio.
Identify real estate purchases that serve overall corporate strategy and work financially within the company budget.