Real estate sales managers supervise real estate sales agents. They work for real estate firms, leasing offices, and banks as leaders of sales teams. They also work directly with clients who are in the market to buy, sell, or rent properties. Some real estate sales managers own and operate their own real estate firms or work alongside real estate brokers. This position is full time, and these managers typically work regular business hours, as well as some nights and weekends to accommodate client schedules. People with hustle, tenacity, and a self-motivated, problem-solving mindset are successful in the real estate industry and make great real estate sales managers.
Real Estate Sales Manager Duties and Responsibilities
Specific job duties for real estate sales managers vary based on their employer. However, there are several core tasks common to all real estate sales managers, such as:
Manage Sales Agents
The most significant responsibility of real estate sales managers is keeping their agents motivated to close sales. They set weekly, monthly, and annual goals for the agents to work towards, and track these goals by meeting with agents on a regular basis. They also conduct team meetings and offer advice and incentives for agents to achieve goals.
Hire and Train Staff
These managers are responsible for conducting interviews and hiring real estate sales staff. They develop and implement training programs that teach sales agents how to get customers, negotiate real estate deals, acquire financing, and properly fill out sale paperwork.
Administrative Duties
Real estate sales managers are often responsible for administrative duties like preparing employee payroll and budget reports, marketing, and planning open houses and other events that help develop sales leads for their office. They may also order office supplies.
Maintain Client Relationships
Real estate sales managers maintain relationships with repeat clients to keep them satisfied and promote future bus