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Real Estate Manager

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J ob Summary:

Primary role of a Real Estate Manager responsible for property portfolios, oversees transactions, ensures compliance with local regulations, and plays a strategic business development role to drive sales growth and market expansion in the Kingdom's rapidly growing real estate sector.

Duties & Responsibilities:

Sales & Business Development Responsibilities:

  • Market Development
  • Identify emerging market opportunities in residential, commercial, and industrial sectors
  • Research competitive landscape and pricing trends
  • Analyze customer segments and demand patterns
  • Develop market entry strategies for new territories
  • Sales Strategy & Planning:
  • Create annual sales targets and performance metrics
  • Design marketing campaigns to attract buyers/investors/tenants
  • Develop pricing strategies aligned with market conditions
  • Build and maintain sales pipeline management systems
  • Client Acquisition & Retention:
  • Identify and prospect high-value clients and investors
  • Conduct property presentations and client consultations
  • Negotiate contracts and close deals
  • Implement customer retention programs and loyalty initiatives
  • Partnership & Network Development:
  • Build relationships with developers, investors, and financial institutions
  • Collaborate with government agencies and regulatory bodies
  • Establish partnerships with international real estate firms
  • Develop referral networks and strategic alliances 5. Revenue Generation
  • Maximize property sales and rental income
  • Identify upselling and cross-selling opportunities
  • Manage portfolio optimization for profitability
  • Explore new revenue streams (property management services, consulting)

Requirements

Strategic Role Responsibilities:

  • Business Strategy & Planning:
  • Develop 3-5 Years business plans aligned with company vision
  • Set KPIs and monitor business performance metrics
  • Conduct SWOT analysis and competitive intelligence
  • Forecast market trends and adjust strategies accordingly
  • Portfolio Optimization:
  • Analyze property performance and ROI
  • Recommend acquisitions, disposals, or renovations
  • Manage asset allocation across property types
  • Balance short-term returns with long-term growth
  • Market Leadership & Innovation:
  • Position company as market leader in real estate sector
  • Implement innovative property management solutions
  • Adopt technology platforms for efficiency
  • Lead industry initiatives and thought leadership
  • Risk Management & Compliance:
  • Identify and mitigate business risks
  • Ensure regulatory compliance across all operations
  • Manage legal challenges and disputes
  • Maintain corporate governance standards
  • Stakeholder Management:
  • Report to senior management and board members
  • Manage investor relations and expectations
  • Communicating with government regulatory bodies
  • Present quarterly/annual business performance reviews
  • Team Leadership & Development:
  • Build and mentor high-performing sales teams
  • Set team targets and performance standards
  • Implement training and professional development programs
  • Foster company culture and values alignment

Required Skills & Abilities Core Competencies:

  • Business Planning
  • Market Analysis
  • P&L Management
  • Sales Leadership
  • CRM Software
  • Data Analytics
  • Property Management Systems
  • MS Office

Required Experience and Education:

  • 12+ years in real estate management, sales, or business development Education
  • Bachelor's degree in real estate, Business, Finance, MBA preferred

LEVEL OF AUTHORITY Supervisory / Managerial: Managerial

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