Real Estate Research Coordinator

Industry:
Education
Last Updated:
September 19, 2023

Job Description Overview

As a Real Estate Research Coordinator in the Education industry, you are responsible for analyzing real estate data to support decision-making by school administrators and board members. Your goal is to gather and analyze information on real estate market trends, property values, zoning, demographics, and population growth. You must have excellent analytical skills and experience in data management, with the ability to use tools like spreadsheets, databases, and statistical software. You will need to work closely with school staff to identify key questions and issues, and develop effective research strategies to address them. You will generate reports and presentations summarizing your findings, and make recommendations for school policy and planning. A Real Estate Research Coordinator job description may also require you to have knowledge of legal and regulatory requirements related to real estate, and experience in project management and budgeting.

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Job Duties and Responsibilities

  • Conduct property research and analysis for the education industry's real estate assets.
  • Develop databases and maintain accurate information on properties.
  • Collaborate with colleagues to analyze and interpret real estate data.
  • Provide financial analysis and cost estimates for new real estate projects.
  • Evaluate market trends and update management accordingly.
  • Prepare presentations and reports for decision-making purposes.
  • Coordinate with real estate brokers, consultants, and contractors.
  • Support the development of real estate strategies.
  • Ensure compliance with laws, regulations, and industry standards.
  • Manage multiple tasks and prioritize workload effectively.

Experience and Education Requirements

To get a job as a Real Estate Research Coordinator in Education, you'll need a high school diploma or equivalent. Some employers prefer candidates with an associate's or bachelor's degree in Business Administration, Real Estate, or a related field. It's also important to have some experience in real estate or research, which can be gained through internships or entry-level positions. Key skills include attention to detail, strong analytical abilities, excellent communication and writing skills, and proficiency with computer software such as Excel and real estate databases. Some employers may also require knowledge of the real estate market and legal regulations. With the right education and experience, you can become a valuable member of a real estate research team.

Salary Range

Real Estate Research Coordinator salary range varies by location, level of experience, and industry. Based on current data, the average salary for a Real Estate Research Coordinator in the Education industry in the United States ranges from $42,000 to $74,000 per year. In New York, the average salary is $61,270 according to Glassdoor, while in Los Angeles, it's $54,704 according to Payscale. In the UK, the average salary for a similar position is £27,360 to £39,000, while in Australia, it ranges from AUD 53,000 to AUD 74,000 annually.

Sources:

https://www.glassdoor.com/Salaries/new-york-city-real-estate-research-coordinator-salary-SRCHIL.0,13IM615_KO14,45.htm

https://www.payscale.com/research/US/Job=RealEstateResearch_Coordinator/Salary

https://www.prospects.ac.uk/job-profiles/property-researcher

https://www.payscale.com/research/AU/Job=RealEstateResearch_Coordinator/Salary.

Career Outlook

A Real Estate Research Coordinator in the education industry is responsible for researching and providing data on the real estate market. According to the United States Bureau of Labor Statistics, job growth in this field is projected to grow 6% over the next 5 years, which is about as fast as the average growth for all jobs. 

The demand for research analysts is driven by the increasing need for data in the education industry to inform real estate decisions. This means there will be opportunities for individuals who possess skills in data analysis, market research, and real estate. The job outlook is also positive due to the rapidly changing real estate market, which needs experts to provide insights that can help anticipate and plan for changes.

In conclusion, the career outlook for Real Estate Research Coordinator in Education Industry is positive and shows potential for growth. The role plays a critical role of data analyst in the education industry, and there is an increasing demand for professionals who can provide insights on the changing real estate market.

Frequently Asked Questions (FAQ)

Q: What is a Real Estate Research Coordinator in the Education industry?

A: A Real Estate Research Coordinator is an education professional who researches real estate trends, collects data, and prepares reports to help make informed decisions related to the management, planning, and development of properties owned by educational institutions.

Q: What are the qualifications required to become a Real Estate Research Coordinator in the Education industry?

A: Generally, employers require a bachelor's degree in real estate, business, economics, or related field, though some may also consider candidates with significant real estate experience. Strong analytical skills, attention to detail, and knowledge of real estate laws are also essential.

Q: What are some typical job duties of a Real Estate Research Coordinator in the Education industry?

A: Job duties may include conducting research and analysis of the real estate market and current trends, collecting and interpreting data, tracking lease and contract agreements, managing databases, and preparing reports to guide decisions on property acquisition, development, and management.

Q: What are some challenges faced by Real Estate Research Coordinators in the Education industry?

A: Challenges may include managing and analyzing large volumes of complex data, keeping up-to-date with changes in real estate laws and regulations, and communicating research results in ways that are easily understandable by others who may not have a background in real estate.

Q: What is the employment outlook for Real Estate Research Coordinators in the Education industry?

A: The employment outlook for Real Estate Research Coordinators is positive. As educational institutions continue to expand and develop their campuses, the need for professionals who can analyze real estate trends and make informed decisions will continue to grow.


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