Commercial Real Estate Jobs Key Terms

Learn commercial real estate job terms like real estate broker and property manager

By Sandy Baker

Commercial real estate jobs provide investors and business owners with the ability to invest or manage income-producing properties including hotels, shopping centers, apartments and industrial facilities. A number of terms are used in these job descriptions including commercial real estate agents, real estate asset manager and real estate broker. Those looking for a job in the commercial real estate industry should understand the various types of jobs available and terms associated with the industry.

Commercial real estate agents

Commercial real estate agents provide sales and buying aid to investors for income-producing properties including retail, industrial, multifamily rental and hospitality real estate. These professionals have to obtain additional training and licensing to allow them to provide commercial services.
Try: JobMonkey offers a full explanation of what commercial real estate agents do.

Property managers

Property managers aid in the day-to-day management of income-producing real estate on behalf of the property owner or investors. They aid owners in meeting expected revenue goals while managing the maintenance, tenants and accounting of the property.
Try: The United States Department of Labor provides a full description of the duties of property managers.

Real estate asset manager

A real estate asset manager provides the investor with guidance on purchasing, developing and the disposition of real estate. Some have the ability to purchase on behalf of the investor while others manage the financial aspects of real estate development. They rarely handle the day-to-day management of property.
Try: All Property Management provides a detailed explanation of what real estate asset managers are and how they work with investors.

Real estate attorney

Real estate attorneys specialize in real estate law, providing their clients with advice and protection under the law. This may include aiding in land use and zoning control, handling builder and contractor disputes and negotiating mortgages. Some attorneys specialize in commercial real estate.
Try: LawInfo provides more information on the duties of a real estate attorney.

Real estate broker

A real estate broker may have a specialization in commercial property. A broker may manage other commercial real estate agents or may be an individual working outside of a brokerage firm. These professionals help to sell, analyze and buy commercial properties for investors.
Try: CareerOverview offers a comprehensive explanation of commercial real estate brokers.

Real estate appraiser

Real estate appraisers specializing in commercial appraisals provide valuation of income-producing properties for numerous reasons. They work on behalf of buyers and sellers, taxation departments of municipalities, states and counties, and work for investment firms.
Try: RealEstateExpress provides more information on real estate appraiser job duties and educational requirements.