Rise Career Glossary | Real Estate Terms and Definitions

Roles within a Real Estate Department

1. Accountant: Responsible for managing the financial records, preparing financial statements, and analyzing financial data within the real estate department.
2. Asset Manager: Oversees the performance and management of real estate assets, including property valuation, leasing, and investment strategies.
3. Construction Manager: Coordinates and supervises the construction process, ensuring that projects are completed on time, within budget, and meeting quality standards.
4. Leasing Agent: Markets and promotes available properties, negotiates lease agreements, and assists with tenant relations and property showings.
5. Project Manager: Manages real estate development projects from initiation to completion, overseeing planning, design, construction, and final delivery of the project.
6. Property Manager: Handles the day-to-day operations of properties, including tenant relations, rent collection, maintenance requests, and property inspections.
7. Real Estate Analyst: Conducts financial analysis, market research, and due diligence on potential real estate investments and assists in decision-making processes.
8. Real Estate Appraiser: Determines the value of properties by conducting appraisals, analyzing market trends, and inspecting properties.
9. Real Estate Attorney: Provides legal advice and representation in real estate transactions, including contracts, leases, and disputes.
10. Real Estate Broker: Represents buyers or sellers in real estate transactions, assists with property marketing, and negotiates sales agreements.
11. Research Analyst: Gathers and analyzes market data, trends, and statistics to provide insights and recommendations for real estate investment decisions.