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Real estate officer skills for your resume and career

Updated January 8, 2025
4 min read
Quoted experts
Jeffrey Peshut J.D.,
Jonathan Everett
Below we've compiled a list of the most critical real estate officer skills. We ranked the top skills for real estate officers based on the percentage of resumes they appeared on. For example, 12.6% of real estate officer resumes contained real estate loans as a skill. Continue reading to find out what skills a real estate officer needs to be successful in the workplace.

15 real estate officer skills for your resume and career

1. Real Estate Loans

Here's how real estate officers use real estate loans:
  • Originated and closed $38,000,000 real estate loans.
  • Originated, processed, closed real estate loans.

2. Asset Management

Asset management describes the management of assets that are invested on behalf of various industries. It is the process of developing, operating, maintaining, and selling assets for profit and managing the money for individuals and companies through stocks, bonds, and cash equivalents, among other things.Alternatively, asset management enables a business to keep track of all of its assets, helps ensure correct depreciation rates, helps identify and manage risk, and removes ghost assets from business inventory.

Here's how real estate officers use asset management:
  • Performed preliminary asset management tasks involving marketing strategies of inventoried real estate and problem loans through appraisal review and brokerage solicitation.
  • Processed and updated the Multifamily Asset Management Portal with the waiver and modification request decision.

3. Due Diligence

Due diligence refers to the process of auditing, investigating, or reviewing done to confirm the authenticity of relevant facts. In addition to this, it also refers to the evaluation of a party's financial records to determine whether one should enter into a transaction with the said party or not.

Here's how real estate officers use due diligence:
  • Participated and lead due diligence effort towards targeted prospective bank acquisitions.
  • Executed due diligence visits for performance monitoring.

4. Loan Portfolio

Here's how real estate officers use loan portfolio:
  • Developed and managed a commercial real estate loan portfolio with approximately $170MM of commitments.
  • Managed loan portfolio of three major clients with total commitments exceeding $250MM.

5. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how real estate officers use financial statements:
  • Analyzed both personal and corporate financial statements for guarantor analysis.
  • Analyzed legal documents, tax records, corporate / personal financial statements, and current / projected property and tenant information.

6. Affordable Housing

Here's how real estate officers use affordable housing:
  • Researched topics for and topical articles related to the affordable housing valuation industry for publication in industry newsletters.
  • Provided valuation reports and market studies for all types of commercial property, specializing in the analysis of affordable housing.

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7. Credit Analysis

Credit analysis is the process of evaluating a person's or company's ability to repay their debts.

Here's how real estate officers use credit analysis:
  • Credit analysis, underwriting, and portfolio management.
  • Performed market and credit analysis on various U.S. markets, borrowers, guarantors and tenants.

8. Sale Agreements

Here's how real estate officers use sale agreements:
  • Performed reviews of title insurance policies, closing documents, proposed purchase and sale agreements, earnest money agreements, etc.
  • Prepare draft purchase and sale agreements, amendments, and assignments for FHA/HUD/VA residential property portfolios.

9. Development Projects

Development Projects include all contracts, constructions, and projects that may develop an area for housing or commercial construction. These projects frequently require multiple departments to prepare the space for construction projects, including how the construction will take place, who will finance the project, and whether any refurbishments or renovations will be needed.

Here's how real estate officers use development projects:
  • Updated affected constituents on the progress of development projects.
  • Performed analysis of diversification effects of prospective investments in commercial and multifamily real estate development projects located in Southern California.

10. Real Estate Assets

Here's how real estate officers use real estate assets:
  • Designed and implemented acquisition strategy focusing on Fortune 500 corporate treasury departments to discuss disposition of underutilized real estate assets.
  • Approved/recommended approval and prepared proposals for acquisition, transfer, and disposal of accountable real estate assets.

11. Probate

Here's how real estate officers use probate:
  • Handled probate estates for the bank's Wealth Transfer Division.
  • Assisted probate secretary in preparing and monitoring probate documentation and contacted clients to determine information needed for Summary Administrations.

12. Commercial Property

Here's how real estate officers use commercial property:
  • Represented lenders in the preparation and execution of closing documents on residential and commercial property.
  • Collaborated with commercial property / business owners, General Contractors / developers for building projects.

13. Real Estate Portfolio

Here's how real estate officers use real estate portfolio:
  • Assisted senior management with workout strategy on sale of real estate portfolio and disposition of assets.
  • Developed skills for advancement from Refinance, Builder and Real Estate portfolios.

14. Escrow

An escrow refers to a third party who holds in their custody money or asset on behalf of other parties involved in a business transaction. Every month a lender deposits an escrow amount of the mortgage into another party's account and handles the insurance premiums plus the estate taxes.

Here's how real estate officers use escrow:
  • Performed all duties in relation to the balance and management of the escrow account.
  • Balance & audit company escrow bank account & files.

15. Construction Loans

Here's how real estate officers use construction loans:
  • Handled all the closing of the construction loans and document follow up.
  • Managed on-going portfolio of construction loans.
top-skills

What skills help Real Estate Officers find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What real estate officer skills would you recommend for someone trying to advance their career?

Jeffrey Peshut J.D.Jeffrey Peshut J.D. LinkedIn profile

Assistant Professor of Finance (Real Estate), Metropolitan State University of Denver

Once you've become proficient in financial analysis and research analysis, the next step is to develop knowledge and skills in managing real estate transactions, such as real estate lease transactions, real estate purchase and sale transactions and real estate loan transactions. This includes developing excellent verbal and written communication skills, marketing and sales skills and negotiation skills.

What soft skills should all real estate officers possess?

Jonathan Everett

Assistant Professor of Practice, Virginia Tech

I would venture to guess that many successful real estate professionals would say real estate is a people's business. In the classroom, we often discuss how one of a real estate developer's biggest responsibilities is assembling the right team. Most real estate professions require immense communication amongst a multitude of parties. You have to understand the motivations of each party, how to communicate with each party, and how to choreograph several moving parts, so every action is pushing towards an aligned outcome. This requires the ability to listen, articulate, negotiate, and adapt.

What hard/technical skills are most important for real estate officers?

Jonathan Everett

Assistant Professor of Practice, Virginia Tech

I think regardless of the job role, having a proficient understanding of Microsoft Excel and PowerPoint is critical. Additionally, familiarity with job-specific software is a plus. From what I have seen, most facets of real estate have specific software packages or platforms they utilize, whether the function is for property management, financial modeling, etc.
As a former banker, I am likely biased but would argue financial acumen is important. Whether an individual primarily works with consumers or commercial clients, real estate professionals need to understand what matters to capital. On the commercial side, even though an individual may not be responsible for creating a pro forma or financial statements, many real estate jobs require at least a basic understanding of the mechanics and interpretation of a pro forma.
Sales experience or training is also a plus as most jobs in real estate either directly or indirectly involve sales.
Additionally, having an understanding of real estate law, contract law, appraising, management, construction, and land planning will also serve one well.
Lastly, we are in the age of data. Learning how to work with and make informed decisions utilizing data is a valuable skill set.

List of real estate officer skills to add to your resume

Real estate officer skills

The most important skills for a real estate officer resume and required skills for a real estate officer to have include:

  • Real Estate Loans
  • Asset Management
  • Due Diligence
  • Loan Portfolio
  • Financial Statements
  • Affordable Housing
  • Credit Analysis
  • Sale Agreements
  • Development Projects
  • Real Estate Assets
  • Probate
  • Commercial Property
  • Real Estate Portfolio
  • Escrow
  • Construction Loans
  • Lease Negotiations
  • Real Property
  • Real Estate Transactions
  • Financial Analysis
  • Loan Applications
  • Cash Flow
  • OCC
  • Environmental Reports
  • SBA
  • Business Development
  • Joint Venture
  • Risk Management
  • Reit
  • Mortgage Loans
  • FDIC
  • Property Management
  • Market Research
  • Market Analysis
  • Settlement Statements
  • Financial Models
  • Expense Reports

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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