Table 1Transition record

property developertoreal estate manager

A property developer already meets 35% of what the real estate manager role asks for. The move turns on 20 required skills not yet in the profile.

From property developer

35%

Overlap1

To real estate manager

15 Skills carried over

20 Required, not held

69.2 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 69.2

This move: 69.2 of 100 · substantial

1 Share of the real estate manager role’s weighted skill requirement already met by the property developer profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Table 2

Table 2 · What you already bring

Of the 15 skills that carry over, these are the ones fewest other occupations ask for. A real estate manager role needs them, and most people applying for one will not have them already. This is the part of a property developer background worth leading with.

Skill the target role also needs Area

already held audit contractors information skills
already held monitor contractor performance management skills
already held provide information on properties communication, collaboration and creativity
already held value properties information skills
already held compare property values information skills
already held attend trade fairs communication, collaboration and creativity

All 15 carried skills, including the 11 the real estate manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 29 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier

01 management skills 6 required, 2 supplementary

required, not held collect rental fees required
required, not held control financial resources required
required, not held enforce financial policies required
required, not held organise a damage assessment required
required, not held strive for company growth required
required, not held supervise property development projects required

optional, not held manage budgets optional
optional, not held plan health and safety procedures optional

02 business, administration and law 5 required, 2 supplementary

required, not held corporate social responsibility required
required, not held financial analysis required
required, not held financial management required
required, not held financial statements required
required, not held property law required

optional, not held concurrent estate optional
optional, not held modern portfolio theory optional

03 information skills 5 required, 1 supplementary

required, not held analyse financial performance of a company required
required, not held analyse insurance risk required
required, not held analyse market financial trends required
required, not held obtain financial information required
required, not held trace financial transactions required

optional, not held examine the conditions of buildings optional

04 communication, collaboration and creativity 3 required, 4 supplementary

required, not held advise on financial matters required
required, not held create insurance policies required
required, not held liaise with managers required

optional, not held advise on property value optional
optional, not held develop professional network optional
optional, not held inform on renting agreements optional
optional, not held negotiate with property owners optional

05 assisting and caring 1 required

required, not held follow company standards required

Table 4

Table 4 · Where to start

The 3 entries a real estate manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 15 skills that carry over

Skill Type

already held audit contractors skill
already held budgetary principles knowledge
already held compare property values skill
already held create a financial plan skill
already held execute feasibility study skill
already held maintain financial records skill
already held manage contracts skill
already held manage staff skill
already held monitor contractor performance skill
already held provide cost benefit analysis reports skill
already held real estate market knowledge
already held attend trade fairs skill
already held provide information on properties skill
already held recruit employees skill
already held value properties skill

9 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held advise on property value optional
optional, not held concurrent estate optional
optional, not held develop professional network optional
optional, not held examine the conditions of buildings optional
optional, not held inform on renting agreements optional
optional, not held manage budgets optional
optional, not held modern portfolio theory optional
optional, not held negotiate with property owners optional
optional, not held plan health and safety procedures optional

26 held skills the real estate manager role does not ask for

Skill Type

not needed by the target role accounting techniques knowledge
not needed by the target role architecture regulations knowledge
not needed by the target role assess financial viability skill
not needed by the target role building codes knowledge
not needed by the target role building systems monitoring technology knowledge
not needed by the target role business management principles knowledge
not needed by the target role contract law knowledge
not needed by the target role coordinate marketing plan actions skill
not needed by the target role develop energy saving concepts skill
not needed by the target role energy performance of buildings knowledge
not needed by the target role ensure compliance with legal requirements skill
not needed by the target role estimate profitability skill
not needed by the target role follow health and safety procedures in construction skill
not needed by the target role investment analysis knowledge
not needed by the target role keep records of work progress skill
not needed by the target role leasing process knowledge
not needed by the target role liaise with financiers skill
not needed by the target role liaise with quality assurance skill
not needed by the target role liaise with shareholders skill
not needed by the target role manage maintenance operations skill
not needed by the target role market research knowledge
not needed by the target role monitor parameters' compliance in construction projects skill
not needed by the target role negotiate land access skill
not needed by the target role negotiate land acquisition skill
not needed by the target role oversee planning of security systems skill
not needed by the target role use safety equipment in construction skill

7 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier

required, not held corporate social responsibility required
required, not held financial analysis required
required, not held financial management required
required, not held financial statements required
required, not held property law required
optional, not held concurrent estate optional
optional, not held modern portfolio theory optional

Index

Other moves recorded from property developer

Full index of moves from property developer

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.