Real Estate Leasing Manager

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.

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

• Oversee leasing activities, including sourcing potential tenants, negotiating lease terms, and preparing lease agreements. Manage the entire leasing process, from prospecting tenants to ensuring lease agreements are accurately prepared.
• Conduct market research and analysis to determine rental rates, occupancy rates, and trends in the real estate market. Stay informed about the local real estate market to make informed decisions regarding rental rates and occupancy levels.
• Develop and implement marketing strategies to attract and retain tenants, such as advertising vacancies, conducting property tours, and organizing open houses. Utilize various marketing channels to promote available properties and attract potential tenants.
• Maintain positive relationships with tenants, addressing their concerns, coordinating property maintenance and repairs, and ensuring rent payments are received on time.

For a Real Estate Leasing Manager, the following qualifications are required:

• In-depth knowledge of real estate leasing practices and regulations to handle lease negotiations, contract drafting, and deal closing.
• Strong interpersonal and communication skills to effectively interact with property owners, tenants, and legal professionals, resolving leasing-related issues.
• Proven experience in market analysis and research to identify potential properties, assess market trends, and recommend suitable leasing strategies.
• Exceptional negotiation skills to secure favorable lease terms, including rental rates, tenant improvements, and lease renewals.

The role of a Real Estate Leasing Manager is crucial in the Australian real estate industry, especially for candidates with 6-9 years of experience. If you're looking to explore alternative roles, here are four options to consider:

• Property Manager: A role that involves overseeing the day-to-day operations of rental properties, including tenant management, maintenance coordination, and lease negotiations.
• Asset Manager: A position focused on maximizing the value of real estate assets, including strategic planning, financial analysis, and portfolio management.
• Development Manager: A role that involves identifying and evaluating potential real estate development opportunities, managing the development process, and ensuring project success.
• Commercial Leasing Manager: A position focused on leasing commercial properties, including negotiating lease terms, identifying potential tenants, and managing lease agreements.

According to Google, the projected growth of the Real Estate Leasing Manager role in the Australian market is positive. Over the past 10 years, this job role has seen a steady increase in demand, indicating a stable and growing industry. The real estate market in Australia is thriving, creating more employment opportunities for leasing managers in the future. With the expansion of the housing market and increased commercial development, there is an optimistic outlook for the availability of employment in this field. These trends suggest a promising future for Real Estate Leasing Managers in Australia.