Real Estate Development Project Manager Job Description [Updated for 2025]

In the ever-evolving landscape of real estate, the role of the Real Estate Development Project Manager has become more crucial than ever.

As the industry progresses, the demand for skilled individuals who can effectively manage, execute, and navigate the complexities of real estate development projects grows exponentially.

But let’s delve deeper: What’s truly expected from a Real Estate Development Project Manager?

Whether you are:

• A job seeker trying to understand the depth of this role,
• A hiring manager outlining the perfect candidate,
• Or simply fascinated by the intricacies of real estate development,

You’re in the right place.

Today, we present a fully customizable Real Estate Development Project Manager job description template, designed for effortless posting on job boards or career sites.

Let’s dive right into it.

Real Estate Development Project Manager Duties and Responsibilities

Real Estate Development Project Managers oversee the planning, coordination, and execution of real estate projects, including the construction of residential, commercial, and industrial properties.

They must ensure that each project is completed on time, within budget, and meets the quality standards set by the company and its stakeholders.

Their duties and responsibilities include:

• Identify and evaluate potential development opportunities
• Conduct and analyze market research to assess feasibility of projects
• Coordinate with architects, engineers, and construction teams to design and plan projects
• Develop and manage project budgets and timelines
• Oversee all stages of project lifecycle, from initial planning to completion
• Ensure all legal, regulatory, and contractual requirements are met
• Negotiate contracts with vendors, contractors, and other stakeholders
• Monitor project progress and address any issues or delays
• Communicate regularly with stakeholders, providing project updates and reports
• Ensure the project aligns with the company’s business goals and objectives
• Assess and manage project risks, implementing mitigation strategies as needed
• Oversee quality control procedures to ensure project standards are met

 

Real Estate Development Project Manager Job Description Template

Job Brief

We are seeking a competent Real Estate Development Project Manager to oversee the planning and implementation of real estate development projects from conception to completion.

The successful candidate will be responsible for managing project teams, interfacing with clients, and ensuring that all project requirements are completed on time and within budget.

Our ideal candidates are experienced in real estate development, have excellent problem-solving abilities and a thorough understanding of construction processes and procedures.

 

Responsibilities

• Lead and manage the planning and development of real estate projects.
• Coordinate and supervise the work of project teams including architects, engineers, contractors, and other professionals.
• Ensure all projects are delivered on time and within the defined scope and budget.
• Manage risks and resolve issues that affect project scope, schedule, and costs.
• Coordinate with legal professionals to ensure all necessary permits and licenses are acquired.
• Prepare and present project updates to stakeholders, clients, and management.
• Measure project performance using appropriate systems, tools, and techniques.
• Develop comprehensive project plans to share with clients and other staff members.

 

Qualifications

• Proven work experience as a Real Estate Development Project Manager or similar role.
• Experience in the real estate development or construction industry.
• Strong knowledge of construction methods and regulations.
• Excellent organizational and project management skills.
• Strong problem-solving abilities and attention to detail.
• Ability to work effectively with a team and stakeholders.
• Excellent written and verbal communication skills.
• Bachelor’s degree in Construction Management, Civil Engineering, or related field.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Real Estate Development Project Manager
• Work Environment: Office setting with frequent visits to project sites. Some travel may be required.
• Reporting Structure: Reports to the Director of Real Estate Development.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $70,000 minimum to $120,000 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 Real Estate Development Project Manager Do?

Real Estate Development Project Managers typically work for real estate development firms, construction companies, or for large corporations that own real estate assets.

Their primary role is to oversee and manage the development and construction processes of properties.

This can range from residential, commercial, and industrial properties to large-scale infrastructure projects.

They work closely with architects, engineers, construction teams, and stakeholders to ensure projects are completed on time, within budget, and to the client’s or company’s specifications.

A significant part of their job is to coordinate all the phases of development, including initial planning, securing financing, hiring and managing contractors, navigating through legal and zoning processes, and ultimately, ensuring the sale or lease of the property.

They are also responsible for risk management and for resolving any problems or setbacks that arise during the development process.

This can include construction delays, cost overruns, or issues with the property’s design or functionality.

Real Estate Development Project Managers often make decisions that directly impact the profitability and viability of a project, thus playing a critical role in the success of real estate investments.

 

Real Estate Development Project Manager Qualifications and Skills

A proficient Real Estate Development Project Manager should have the skills and qualifications that align with the job role, including:

• Strong understanding of real estate development processes, principles, and terminologies.
• Excellent project management skills to oversee multiple projects at once, ensuring that they are completed within the established timeline and budget.
• Exceptional negotiation skills to secure the best deals and contracts with suppliers, contractors, and other relevant parties.
• Strong financial acumen to prepare budgets, monitor expenses, and ensure the project’s profitability.
• Outstanding interpersonal and communication skills to effectively liaise with team members, stakeholders, and clients.
• Advanced problem-solving skills to quickly identify, analyze, and resolve any issues that may arise during the project.
• Proficiency in using project management software and other relevant tools to plan, manage, and track project progress.
• Ability to understand and interpret architectural plans and blueprints.
• Knowledge of real estate law, building codes, and regulatory requirements to ensure project compliance.

 

Real Estate Development Project Manager Experience Requirements

Real Estate Development Project Managers typically require a bachelor’s degree in real estate, business, finance, or a related field.

However, the key requirement is a significant amount of practical experience in real estate, project management, or construction.

Entry-level candidates may have 1 to 3 years of experience, often gained through a traineeship or junior role in property development, construction management, or real estate investment.

These professionals may also gain valuable experience in roles such as Real Estate Analyst, Assistant Project Manager, or Quantity Surveyor.

Candidates with 4 to 7 years of experience often develop their project management skills and real estate knowledge in roles such as Project Coordinator, Construction Manager, or Real Estate Consultant.

At this level, they are usually expected to have overseen a few full-cycle real estate development projects.

Those with more than 7 years of experience may have a strong track record in managing large-scale projects, a deep understanding of the real estate market, and significant leadership experience.

These candidates are typically ready for a senior or executive position in real estate development project management, and may even be suitable for a directorial role.

In addition, some employers prefer candidates with professional certifications such as the Project Management Professional (PMP) or Certified Construction Manager (CCM).

These certifications can demonstrate a candidate’s commitment to their professional development and their expertise in project management.

 

Real Estate Development Project Manager Education and Training Requirements

Real Estate Development Project Managers typically have a bachelor’s degree in real estate, business, finance, or a related field.

This degree gives them a strong foundation in the principles of business and finance, as well as an understanding of property valuations and real estate law.

In addition to the degree, experience in real estate development or construction management is highly beneficial.

Some individuals gain this experience through internships, while others may start their careers in entry-level positions and work their way up.

For those looking to further advance their careers, a master’s degree in real estate, business administration (MBA), or a related field can be highly advantageous.

This advanced degree can provide a more in-depth understanding of real estate markets, development strategies, and project management.

Several professional certifications are also available that can enhance a Real Estate Development Project Manager’s credibility and demonstrate their commitment to the profession.

The Project Management Professional (PMP) certification, offered by the Project Management Institute, is recognized worldwide and can be particularly valuable.

Continuing education is also important in this role, as the real estate market and regulations are constantly changing.

Therefore, many Real Estate Development Project Managers take part in professional development courses, seminars, and workshops to stay up-to-date with the latest trends and laws in the industry.

 

Real Estate Development Project Manager Salary Expectations

A Real Estate Development Project Manager earns an average salary of $96,079 (USD) per year.

The compensation can vary greatly depending on factors such as project size, geographical location, the employing company, and the individual’s level of experience and education.

 

Real Estate Development Project Manager Job Description FAQs

What qualifications does a Real Estate Development Project Manager need?

A Real Estate Development Project Manager typically needs a bachelor’s degree in real estate, business, or a related field.

However, many employers prefer a master’s degree.

Additionally, they should have several years of experience in real estate development, construction, or project management.

Certifications like Project Management Professional (PMP) or Certified Construction Manager (CCM) can also be beneficial.

 

What skills are necessary for a Real Estate Development Project Manager?

Real Estate Development Project Managers should have excellent organizational and planning skills to manage multiple projects simultaneously.

They need strong negotiation abilities for dealing with contractors and vendors and excellent financial acumen for budgeting and financial planning.

Leadership skills are also necessary for managing project teams.

Other important skills include problem-solving abilities, communication skills, and a good understanding of construction processes and real estate market trends.

 

What is a typical day like for a Real Estate Development Project Manager?

A typical day for a Real Estate Development Project Manager can include reviewing project progress, meeting with architects, contractors, or stakeholders, and resolving any issues that arise.

They might also spend time negotiating contracts, reviewing financial reports, or planning future projects.

There might also be site visits to ensure construction is progressing as planned and to assess potential new development sites.

 

What should you look for in a Real Estate Development Project Manager resume?

A Real Estate Development Project Manager’s resume should highlight their experience in managing real estate development projects, including the types of projects they have overseen and their outcomes.

It should also mention their educational background, any relevant certifications, and skills like project management, financial planning, negotiation, and leadership.

Knowledge of real estate law and regulations is also a plus.

 

What qualities make a good Real Estate Development Project Manager?

A good Real Estate Development Project Manager is highly organized and able to manage multiple projects at once.

They have strong leadership skills to motivate and guide their team.

Excellent problem-solving skills allow them to navigate any issues that may arise during the development process.

They are also adept at financial management, ensuring projects stay within budget while maximizing profitability.

A good Real Estate Development Project Manager also maintains strong relationships with all stakeholders involved in the project.

 

Conclusion

And there we have it.

Today, we’ve taken a closer look into what it truly means to be a Real Estate Development Project Manager.

Surprise, surprise.

It’s not just about managing projects.

It’s about shaping the skyline of tomorrow, one project at a time.

With our definitive Real Estate Development Project Manager job description template and real-world examples, you’re ready to get the ball rolling.

But why stop there?

Explore further with our job description generator. It’s your next step to precision-crafted job listings or honing your resume to perfection.

Remember:

Every project shapes a piece of the horizon.

Let’s build that future. Together.

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