Real Estate Manager

Arbete Careers; Makkah Region; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading real estate firm in Makkah, Saudi Arabia, is seeking an experienced Real Estate Manager. The candidate will be responsible for managing property acquisitions, coordinating tenants and vendors, and ensuring financial targets are met. Successful candidates will have a Master's degree in Real Estate, extensive experience in local property management, and fluency in English and Arabic. This position offers a competitive salary and comprehensive benefits package.

Benefits

Medical insurance for employees and family.

Annual travel ticket.

Commissions.

Qualifications

• Master’s degree in real estate, finance, business administration, or project management required.
• Minimum five years' experience in project management or real estate.
• In-depth knowledge of property law, taxes, and financial statements.

Responsibilities

• Manage purchase, sale, rental, or development of properties.
• Monitor real estate income and expenditure, collect payments.
• Negotiate lease agreements and manage property maintenance.

Skills

Real estate management

Negotiation skills

Financial management

Leadership

Fluency in Arabic

Fluency in English

Education

Master’s degree in Real Estate

Master’s degree in Finance

Master’s degree in Business Administration

Tools

Microsoft Office 365 Business

Real estate management software

Job description

Overview

One of our clients is in the Real Estate industry in Makkah, Saudi Arabia, and is hiring for the position of Real Estate Manager.

Location: Makkah, Saudi Arabia

Years of Experience: 10 years

Educational Qualification: Master’s degree in Real estate, Finance, or Business Administration

Competitive salary including other Benefits:

1. Medical insurance for employees and family.
2. Annual travel ticket.
3. Commissions.

Notice Period: Immediate Joiners or Maximum 1 Month Notice Period.

Our client is looking for a competent real estate manager to ensure that their property and related finances are optimally managed.

In this role, you will be responsible for negotiating rental and investment agreements, purchasing supplies, and supervising staff members and groundskeepers. To ensure success, an ideal candidate would possess extensive experience in local real estate management and the ability to negotiate contracts.

An outstanding real estate manager will be someone with sound financial knowledge who can successfully manage all aspects of a property.

Real Estate Manager Responsibilities

• Managing the purchase, sale, rental, or development of properties.
• Monitoring real estate income and expenditure, as well as collecting payments.
• Determining rental income and negotiating lease agreements.
• Authorizing maintenance, repair, equipment, and supply expenditure.
• Negotiating contracts with vendors, suppliers, and contractors.
• Overseeing maintenance workers, cleaning crews, contractors, and groundskeepers.
• Keeping owners informed on taxes, occupancy rates, and lease expiration dates.
• Resolving complaints from residents and tenants.
• Establish and grow relationships with appropriate partners.
• Preparing financial statements and records.
• Reporting to real estate owners and investors on a regular basis.

Real Estate Manager Requirements

• Master’s degree in real estate, finance, business administration, or project management.
• Fluency in English and Arabic, both written and spoken.
• Familiarity with local real estate market in Jeddah, Makkah, and Taif.
• A minimum of five years' experience in project management, real estate, or a similar role.
• Extensive experience managing property purchases, sales, rentals, and development.
• Proficiency in Microsoft Office 365 Business, and real estate management software.
• Experience in managing payments, negotiating contracts, and determining rental rates.
• In-depth knowledge of applicable property law, taxes, and financial statements.
• Knowledge of property maintenance and procurement of vendors and suppliers.
• Ability to resolve resident and tenant complaints, as well as supervise workers and contractors.
• Advanced ability to keep property owners and investors updated.
• Superior leadership skills, with a focus on employee coaching and development.

Note: We thank all applicants for their interest; however, only those candidates who are shortlisted will be contacted.