Job Description
Job Description
POSITION SUMMARY:
The Director of Real Estate is responsible for working under the guidance of the Managing Director to facilitate tenant and landlord representation in real estate transactions. Your goal is to build strong client relationships and to utilize those relationships to hit real estate transaction targets. This position has no direct reports.
ACCOUNTABILITIES AND OUTCOMES:
Accountable for sourcing and procuring tenant and landlord clients and driving transaction volume.
TASKS AND RESPONSIBILITIES:
- Establish and maintain relationships with commercial property owners, tenants, and other stakeholders toward the goal of generating fees from tenant and landlord representation assignments.
- Provide advice and guidance to clients regarding market conditions, pricing strategies, and investment opportunities.
- Conduct thorough market research to understand trends in the commercial real estate market, including property rental values, demand, and competitive properties.
- Analyze market data to help clients make informed decisions about strategy and leases.
- List commercial properties for lease, including preparing marketing materials and online listings.
- Coordinate property showings and tours for prospective tenants.
- Negotiate terms of LOI's and / or lease agreements, and other transactions on behalf of clients.
- Ensure that all terms are in the best interest of the client and comply with legal requirements.
- Facilitate and oversee the entire transaction process, including drafting contracts, coordinating with legal professionals, and ensuring all paperwork is completed accurately and in a timely manner.
- Assist clients in leasing commercial spaces by matching their needs with available properties.
- Oversee tenant relations, ensuring compliance with lease agreements and addressing any issues that arise during the lease term.
- Generate new business opportunities by prospecting and networking with potential clients.
- Perform other duties as assigned.
KNOWLEDGE, SKILLS AND REQUIREMENTS:
- Bachelor's degree in business, finance, real estate or related field is preferred, or proven industry knowledge acceptable in lieu of degree
- Prefer a licensed real estate broker or associate broker, as required by state law, however not required.
- Typically, 5-7 years of experience in commercial real estate or a related field. More experienced brokers may handle more complex transactions.
- Strong communication, negotiation, and interpersonal skills.
- In-depth knowledge of commercial real estate markets and trends.
- Ability to analyze market data and financial reports.
- Proficient with real estate software, CRM systems, and Microsoft Office Suite.
- Detail-oriented, self-motivated, proactive, and customer-focused.
- Travel up to 50% of the time.
WORK ENVIRONMENT:
Includes both a typical office or home-based office environment, with minimal exposure to excessive noise or adverse environmental issues, and frequent local and/or overnight travel, including exposure to heat, cold, and inclement weather conditions. Mode of transportation for travel typically will include automobile and plane.
PHYSICAL REQUIREMENTS:
Ability to sit for prolonged periods of time.
POSITIONS SUPERVISED:
None
COMPENSATION:
$100,000-$125,000 base salary range + incentive compensation opportunity and full benefits package (Medical, Dental, Vision, Life Insurance, Disability Insurance and other voluntary benefits)