From budget manager to real estate manager
14 of the 31 essential skills of a real estate manager are already essential for a budget manager — about 45% of the job, before you learn anything new.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 14
- skills carry over
- 17
- would be new
- 45%
- of the target job covered
- 31
- essential skills of a real estate manager
What a real estate manager does
Real estate managers handle and oversee the operational aspects of commercial or residential properties such as private apartments, office buildings and retail stores. They negotiate contracts for lease, identify and plan new real estate projects and construction of new buildings by partnering with a developer to identify the appropriate site for new buildings, coordinate the feasibility study for new constructions and supervise all the administrative and technical aspects involved in expanding the business. They maintain the premises and aim to increase its value. They hire, train and supervise personnel.
What carries over
14 skillsEssential in both jobs. This is the part of the move you have already made.
- advise on financial matters
- analyse market financial trends
- budgetary principles
- control financial resources
- corporate social responsibility
- create a financial plan
- enforce financial policies
- financial analysis
- financial management
- financial statements
- follow company standards
- liaise with managers
- manage staff
- strive for company growth
What would be new
17 skillsEssential for a real estate manager and not for a budget manager. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.
- analyse financial performance of a company
- analyse insurance risk
- audit contractors
- collect rental fees
- compare property values
- create insurance policies
- execute feasibility study
- maintain financial records
- manage contracts
- monitor contractor performance
- obtain financial information
- organise a damage assessment
- property law
- provide cost benefit analysis reports
- real estate market
- supervise property development projects
- trace financial transactions
Other moves from budget manager
2 roles- financial manager19 skills in common
- accounting manager19 skills in common
No account needed to start
How far are you from being a real estate manager?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.