Franchise Real Estate Manager Job Description [Updated for 2025]

In the dynamic world of franchising, the role of a Franchise Real Estate Manager has never been more critical.
As businesses continue to grow and expand, the demand for skilled professionals who can manage, strategize, and secure optimal locations for franchises escalates.
But let’s delve deeper: What’s truly expected from a Franchise Real Estate Manager?
Whether you are:
- A job seeker trying to understand the intricacies of this role,
- A hiring manager outlining the perfect candidate,
- Or simply fascinated by the realm of franchise real estate management,
You’re in the right place.
Today, we present a tailor-made Franchise Real Estate Manager job description template, designed for seamless posting on job boards or career sites.
Let’s dive right into it.
Franchise Real Estate Manager Duties and Responsibilities
Franchise Real Estate Managers deal with the acquisition, selling, and leasing of properties for a franchise organization.
They also manage relationships with brokers, developers, and landlords, while ensuring the real estate strategy aligns with the overall goals of the franchise.
Their daily duties and responsibilities include:
- Identifying potential sites for new franchise locations considering various factors such as demographic trends, market potential, and competition
- Negotiating lease terms, rental rates, and other conditions with landlords or sellers
- Inspecting properties to assess their suitability for the franchise business
- Working closely with franchisees during the site selection and lease negotiation process
- Managing real estate contracts and documents, ensuring compliance with legal regulations and company policies
- Coordinating with construction, design, and operations teams to ensure a smooth opening of new locations
- Developing and maintaining relationships with real estate brokers, developers, and landlords
- Keeping abreast of trends and changes in the real estate market, using this information to advise on real estate strategy
- Preparing and presenting real estate reports to senior management
Franchise Real Estate Manager Job Description Template
Job Brief
We are seeking a proficient Franchise Real Estate Manager to oversee our franchise property portfolio.
The responsibilities include strategic planning of property acquisitions, managing lease agreements, and developing relationships with franchisees and landlords.
The ideal candidate will have extensive experience in real estate management with strong negotiation skills and a keen business acumen.
Ultimately, the role of the Franchise Real Estate Manager is to enhance the value of our franchise real estate portfolio and contribute to our business growth.
Responsibilities
- Identify strategic property locations for franchise expansion
- Negotiate and manage lease agreements and renewals
- Build and maintain relationships with franchisees and landlords
- Coordinate with legal department on lease terms and issues
- Perform market analysis and financial feasibility studies
- Ensure compliance with real estate laws and regulations
- Monitor and report on property performance and profitability
- Collaborate with franchisees to improve property performance
- Conduct property inspections and assessments
Qualifications
- Proven experience as a real estate manager or similar role
- Knowledge of real estate law, lease contracts and property management
- Strong negotiation and communication skills
- Ability to build relationships with franchisees and landlords
- Proficient in MS Office and property management software
- Strong analytical skills with the ability to conduct market analysis
- BSc degree in Real Estate, Business Administration or related field
Benefits
- 401(k)
- Health insurance
- Dental insurance
- Retirement plan
- Paid time off
- Professional development opportunities
Additional Information
- Job Title: Franchise Real Estate Manager
- Work Environment: Office setting with frequent travel to different franchise locations.
- Reporting Structure: Reports to the Director of Real Estate.
- Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
- Pay Range: $60,000 minimum to $95,000 maximum
- Location: [City, State] (specify the location or indicate if remote)
- Employment Type: Full-time
- Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
- Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].
What Does a Franchise Real Estate Manager Do?
Franchise Real Estate Managers work for corporations that own franchises across various industries.
They can also work as independent consultants, advising businesses on franchise real estate decisions.
Their primary responsibility is to oversee and manage the real estate properties associated with the company’s franchises.
This can include everything from scouting and evaluating potential locations for new franchises, negotiating leases or purchase agreements, to managing the upkeep and maintenance of existing properties.
These professionals work closely with franchise owners and other stakeholders to ensure the properties meet the needs of the business.
They also collaborate with legal teams during real estate transactions to ensure compliance with local regulations and laws.
Franchise Real Estate Managers are also responsible for conducting market research to determine the best locations for new franchise establishments, based on factors such as population density, local competition, and market trends.
They may also be involved in strategic planning, helping to determine the overall direction of the company’s real estate portfolio by analyzing the performance of current locations and identifying opportunities for expansion or consolidation.
In addition, they often manage relationships with property owners, landlords, and property management companies to ensure the smooth operation of franchise locations.
They may also handle any disputes or issues that arise related to the property.
Franchise Real Estate Manager Qualifications and Skills
A competent Franchise Real Estate Manager should possess the skills and qualifications that align with the given job description, such as:
- Excellent knowledge of real estate market trends and conditions to make informed decisions about property investments for the franchise.
- Exceptional negotiation and communication skills to interact with property owners, brokers, and tenants.
- Strong leadership and team management skills to oversee operations and manage franchise teams effectively.
- Financial acumen to manage budgets, analyze profit margins, and ensure the financial viability of real estate investments.
- Project management skills to oversee property developments, renovations, and maintenance.
- Strong networking skills to establish connections with relevant stakeholders in the real estate industry.
- Ability to interpret legal documents and understand zoning laws, leases, and other legal aspects related to real estate.
- Proficiency in using real estate software for managing properties, financials, and customer relations.
Franchise Real Estate Manager Experience Requirements
Prospective Franchise Real Estate Managers should generally have a bachelor’s degree in business, finance, real estate or a related field.
However, hands-on professional experience of 3 to 5 years in real estate, franchise management or business operations is often considered more valuable.
In the early years of their career, these professionals often gain experience in roles such as Real Estate Agent, Franchise Associate, Property Manager or Leasing Consultant.
This allows them to understand the fundamentals of real estate transactions, property management, and franchise operations.
Candidates with around 5 to 7 years of experience are typically considered for mid-level roles.
By this stage, they should have developed a deep understanding of real estate market trends, commercial property management, and franchise growth strategies.
Individuals with more than 7 years of experience are likely to have held leadership roles in real estate or franchise management.
They may have been responsible for supervising teams, strategizing business growth, and making key decisions in real estate investments for franchises.
Such extensive experience can pave the way for a senior Franchise Real Estate Manager role or similar executive positions.
In addition, experience with real estate software, negotiation skills, and a strong network within the industry are also highly beneficial for this role.
Franchise Real Estate Manager Education and Training Requirements
A Franchise Real Estate Manager typically requires a bachelor’s degree in real estate, business administration, or a related field.
They should have a strong understanding of commercial real estate, especially with regards to retail properties.
This includes knowledge of property values, zoning, and market trends.
Many roles also require a real estate license, with the process varying by state.
Generally, it involves a number of educational hours and passing a licensing exam.
Experience in the franchising industry is highly beneficial, with some roles requiring several years of experience in real estate management within a franchising context.
While not mandatory, having a Master’s degree in Business Administration (MBA) with a focus on real estate or a related field can be advantageous.
Certifications like the Certified Franchise Executive (CFE) from the International Franchise Association or the Certified Commercial Investment Member (CCIM) can also be beneficial as they demonstrate a commitment to the field and provide advanced knowledge.
Continuous training and education are crucial in this role, as franchise real estate managers need to stay updated on the latest trends, regulations, and changes in real estate and franchising laws.
Franchise Real Estate Manager Salary Expectations
A Franchise Real Estate Manager earns an average salary of $76,786 (USD) per year.
The actual earnings can fluctuate depending on the level of experience, the size and success of the franchise, and the geographical location.
Franchise Real Estate Manager Job Description FAQs
What skills does a Franchise Real Estate Manager need?
A Franchise Real Estate Manager should have strong negotiation and communication skills to deal with property sellers or landlords effectively.
They should have an understanding of local property laws and financial knowledge to assess property values and returns on investment.
They must also have a keen eye for detail to evaluate potential sites for franchise establishments.
What qualifications are required for a Franchise Real Estate Manager?
A bachelor’s degree in Business, Real Estate, Finance, or a related field is usually required for this role.
Experience in real estate management, particularly in the franchising industry, is often preferred.
Additionally, a real estate license may be required in some regions.
What should you look for in a Franchise Real Estate Manager resume?
A strong Franchise Real Estate Manager resume should demonstrate a background in real estate, with a focus on franchise operations if possible.
Look for experience in site selection, lease negotiation, and financial analysis.
Additionally, any experience in project management, market research, or business development can be beneficial for this role.
What qualities make a good Franchise Real Estate Manager?
A good Franchise Real Estate Manager is analytical, with the ability to accurately assess property values and potential returns.
They should be decisive and assertive, able to make tough decisions regarding property acquisition and management.
Good interpersonal skills are also vital for building relationships with franchisors, landlords, and other stakeholders.
How is a Franchise Real Estate Manager different from a General Real Estate Manager?
While both roles involve overseeing property management and transactions, a Franchise Real Estate Manager focuses on acquiring and managing properties for franchise businesses.
This involves understanding the unique needs of franchisors, such as specific site requirements and growth strategies.
On the other hand, a General Real Estate Manager might handle a broader range of properties and clients.
Conclusion
So, there you have it.
Today, we have given you an insider look into what it truly entails to be a Franchise Real Estate Manager.
And guess what?
It’s not just about buying and selling properties.
It’s about strategically navigating the real estate landscape, one property at a time.
Armed with our comprehensive Franchise Real Estate Manager job description template and real-world examples, you’re more than ready to make your mark.
But why limit yourself?
Dive deeper with our job description generator. It’s your go-to guide for crafting flawless job listings or fine-tuning your resume to perfection.
Remember:
Every property deal is a step towards a larger investment.
Let’s navigate the real estate world. Together.
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