Area Incharge / Business Development Manager
Job Description
A Business Development Manager in the real estate sector is responsible for managing existing properties and driving new business growth. Here’s a breakdown of the role:
Responsibilities
- Managing Current Properties: Monitor market trends to recommend rental or sales price adjustments.
- Business Development: Identify and pursue new business opportunities, including acquiring new properties or clients. Develop and implement strategies to attract potential investors and tenants. Build and maintain a network of real estate professionals, including brokers, developers, and investors. Conduct market research to identify emerging trends and opportunities for expansion. Negotiate deals and contracts for new acquisitions or partnerships. Collaborate with marketing teams to promote properties and enhance brand visibility.
- Financial Management: Analyze financial data to assess the profitability of current properties and potential new investments. Manage budgets for marketing, acquisitions, and property management.
- Compliance and Legal: Ensure all transactions comply with local real estate laws and regulations. Work with legal teams to draft and review contracts, leases, and other legal documents. Stay updated on changes in real estate laws and industry standards.
Skills Required:
- Strong understanding of the real estate market and industry trends.
- Excellent negotiation and sales skills.
- Ability to build and maintain relationships with clients and stakeholders.
- Financial acumen, including budgeting and forecasting.
- Strategic thinking and problem-solving abilities.
- Knowledge of real estate laws and regulations.
- Proficiency in using real estate CRM software and other relevant tools.
Key Objectives:
- Increase the company’s property portfolio and revenue.
- Maintain high occupancy rates and tenant satisfaction.
- Establish the company as a leader in the local or regional real estate market.
Desired Candidate Profile
- Bachelor's degree in business, marketing, or related field.
- 3-5 years of experience in business development or sales.
- Industry experience in relevant field preferred.
- Proven track record of meeting or exceeding sales targets.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work independently and collaboratively in a team environment.
- Fluent in English and additional languages preferred.
- Self-motivated and results-driven.