Business Development Manager

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Richmond Properties
United Arab Emirates
AED 50,000 - 200,000
Be among the first applicants.
2 days ago
Job description

The Business Developer in the real estate industry is responsible for identifying new business opportunities, building strategic partnerships, and contributing to the growth and profitability of the organization. This role involves market research, lead generation, client management, and sales strategy development to enhance the company's market presence and client base.

1. Market Research & Analysis

  • Conduct comprehensive market research to identify potential business opportunities and trends in the real estate market.
  • Analyze competitors, market conditions, and customer needs to inform business strategies.
  • Provide insights and recommendations to the leadership team based on research findings.

2. Lead Generation & Client Acquisition

  • Develop and execute strategies for acquiring new clients and generating high-quality leads.
  • Build and maintain a robust pipeline of prospects, ensuring a steady flow of potential clients.
  • Qualify leads and convert them into successful business relationships.

3. Relationship Building & Networking

  • Establish and maintain strong relationships with clients, developers, investors, and other stakeholders.
  • Attend industry events, networking functions, and conferences to build connections and promote the company's services.
  • Serve as the company's ambassador, ensuring a positive brand presence in the market.

4. Sales Strategy Development

  • Develop and implement business development strategies to expand the company's portfolio and increase market share.
  • Collaborate with the sales team to identify sales targets, objectives, and tactics.
  • Monitor sales performance, track KPIs, and adjust strategies to ensure targets are met.

5. Proposal and Contract Management

  • Prepare and present proposals to potential clients, demonstrating the company's value proposition.
  • Negotiate and close contracts with clients while ensuring favorable terms for the company.
  • Coordinate with legal and finance teams to finalize contracts and agreements.

6. Strategic Partnerships & Alliances

  • Identify and forge strategic partnerships with other businesses, investors, and developers.
  • Develop mutually beneficial alliances that align with the company's growth objectives.
  • Negotiate partnership terms and manage ongoing relationships with partners.

7. Market Positioning & Branding

  • Collaborate with the marketing team to develop branding strategies and marketing materials.
  • Enhance the company's visibility and reputation in the market through targeted campaigns and initiatives.
  • Ensure that the company's unique selling propositions (USPs) are communicated effectively.

8. Reporting & Feedback

  • Track and report on business development activities, performance metrics, and progress toward goals.
  • Provide regular updates to senior management and stakeholders on business development efforts.
  • Gather feedback from clients and market participants to improve products, services, and processes.

Skills and Qualifications

  • Education: Bachelor's degree in business administration, Marketing, Real Estate, or a related field. A Master's degree is a plus.
  • Experience: At least 3-5 years of experience in business development, sales, or marketing in the real estate industry.
  • Proven track record of generating leads, acquiring clients, and meeting sales targets.
  • Skills: Strong communication, negotiation, and interpersonal skills. Knowledge of real estate market trends, laws, and regulations. Proficiency in CRM software and MS Office Suite. Ability to work independently, manage multiple projects, and meet deadlines. Strong problem-solving and critical thinking skills.

Personal Attributes

  • Proactive, with a results-oriented mindset.
  • Self-motivated and able to work in a fast-paced environment.
  • Ability to work collaboratively within a team and with various departments.
  • Strong business acumen with a focus on customer satisfaction.
  • Excellent time-management and organizational skills.

Working Conditions

  • Travel may be required for client meetings, networking events, and site visits.
  • May require flexible working hours to accommodate client needs and deadlines.
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