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Real Estate Manager

Do you have a knack for communication and negotiation? Do you have experience in real estate or land acquisition? If so, Lamar Advertising of Rochester, NY has an amazing opportunity for you! The purpose of the Real Estate Manager in Rochester, New York is to oversee all real estate-related functions and activities necessary to profitably secure, maintain and grow the company’s real estate portfolio of leased and owned properties in a manner consistent with Lamar’s business practices. The primary duty of the Real Estate Manager is the purchase and procurement of real estate to grow and maintain Lamar’s real estate portfolio and enable Lamar to continue to grow and sell advertising.Want to hear more about working for Lamar? Check us out.What you can expect from us:• A Monday-Friday, 8a-5p hybrid work schedule• A first-year earning potential of $75,000 - $110,000 including commissions and bonus opportunities with an annual base salary of $55,000 - $65,000.• 120 hours of paid time off (PTO) that increases with tenure• 12 paid company holidays including Presidents Day and Juneteenth• Career advancement opportunities• Ongoing professional development and internal leadership programs to maximize your career potential• A comprehensive 60 day training program• Multiple medical plan options and health savings account• Hospital, Accident, and Critical Illness coverage• Dental and vision insurance• Short and long-term disability and paid parental leave• 401K plan with company match• Employee Stock purchase plan• Wellness program incentives such as medical plan premium holidays and HSA contributionsWhat we are looking for in YOU:• Ability to know and understand city and state codes/regulations (as applicable), related maps for all jurisdictions within the designated market area, and an understanding of the permitting and variance process for each jurisdiction.• Must be able to work in a fast-paced environment, possessing the ability to juggle multiple competing tasks and demands while establishing priorities to meet deadlines.• Must have strong computer skills in Microsoft Office (Word, Excel, PowerPoint, Adobe, etc.), web applications, and the ability to quickly and easily learn job related computer programs.• Work requires an excellent command of the English language to correspond and communicate on a one-to-one basis using appropriate vocabulary and grammar to obtain information, explain policies and procedures, and negotiate with lessors.• Skill in speaking with persons of various social, cultural, economic, and educational backgrounds.• Must possess attention to detail in composing, typing and proofing materials• Must have knowledge of basic Accounting skills and practices to ensure accurate payment distributions.• Ability to operate within a set yearly budget.• Ability to establish and maintain cooperative working relationships, both internally and externally.• Ability to handle confidential information and situations.Education and Experience:Required:• High school diploma or equivalent.• Bachelor’s degree.• Current and valid driver’s license.• 5 years of experience in business, real estate, or another related field.• In place of a bachelor’s degree, 7 years of experience in business, real estate, or another related field.• Or other equivalent combination of education and experience.Preferred:• Bachelor’s degree in business, real estate, or another related field.• 3-5 years of experience in land acquisition, zoning, and land use planning.• Real estate license.Please note: Upon submitting your application, you will be asked to complete an 8-15 minute personality assessment. This assessment compares your professional soft skills to the skills required for success in this role. Please answer honestly; this is not a test! Not completing this assessment could result in disqualification from consideration for this position.Candidates with a disability in need of an accommodation to fulfill our application requirements should email applicantassistance@lamar.com.A day in the life:Portfolio Management/Market Review• Responsible for using discretion, independent judgment, and own research and analysis to determine which real estate assets to add to Lamar’s portfolio and how to profitably maintain and grow Lamar’s real estate portfolio.• Responsible for monitoring, tracking, and analyzing critical operational data and dates associated with numerous land lease agreements, owned properties, and other real estate assets.• Responsible for creating and maintaining an up-to-date market abstract by identifying areas for growth or relocation of existing assets through documentation and analysis of current zoning laws that meet the criteria for permitting as required by the appropriate jurisdiction.• Responsible for monitoring competitor activity and permitting practices.• Collaborate with local managers to conduct strategic data analysis using monthly, quarterly and annual data reports and portfolio summaries to evaluate and ensure optimization and profitability of the real estate portfolio. This includes preparation and tracking of annual real estate budget, along with continuously identifying and developing strategies to address underperforming assets.Active Negotiation/Purchase Process• Responsible for strategic planning, development, and execution of lease and/or purchase strategies through operational, financial, and organizational analyses.• Develop and maintain productive professional relationships with landowners to facilitate desired agreements and serve in a lead capacity as point of contact for negotiation and conflict resolution.• Responsible for preparing, presenting, and negotiating agreements with landowners, their agents, or representatives for the purpose of securing new or existing real estate assets.• Responsible for coordinating and overseeing the due diligence and purchase process for approved easement and land purchases.General Administration• Responsible for entering, maintaining, and routinely auditing data, reports, and electronic files to ensure accurate Accounting, recordkeeping, and file management within various internal software applications.• Establish, develop, and maintain productive and professional relationships with existing and potential landowners, and serve as the main point of contact for all real estate-related matters.• Responsible for ensuring receipt, verification, and the timely processing of real estate tax invoices for company-owned real and personal property.• Responsible for monitoring, tracking, calculating and issuing monthly and/or annual percentage/overage payments and applicable Consumer Price Index (CPI) adjustments.Government Relations/Regulations• Establish, develop and maintain a professional relationship with all key governmental officials and personnel vital to planning, zoning, permitting and inspections.• Responsible for maintaining an accurate record of state and local zoning ordinances and monitoring any proposed zoning applications or changes.• Responsible for preparing, submitting, securing, renewing and maintaining all applicable governmental approvals including, but not limited to, variances, construction, vegetation, and conditional use permits associated with new or existing sign sites.Property/Structure Maintenance• Serve as the primary contact and liaison between internal company departments and landowners to ensure continued access to the company’s signs and resolving any appearance or vegetation issues.Location-Specific Essential Functions and Responsibilities:• This position may supervise 1 - 2 administrative employees, depending on the location’s needs.Physical Demands and Work Environment• The primary work environment for this position is an office however driving in the field is also required.• The physical demands for this position include light lifting, seeing (with a focus on reading, acuity, depth perception, and peripheral vision), sitting more than 50% of the time, standing, stooping, talking, turning, and walking.• Nights spent traveling, away from home, are less than 10%.Lamar is an EOE/AA: Minorities/Females/Disabled/Protected Veterans or any other State or Federally protected characteristicSMS Consent: By submitting this application, you are consenting to receive hiring-related text messages such as notifications for interviews or pre-hire assessment scheduling.Disability Self-Identification: When applying for a job with Lamar, you will be asked to voluntarily self-identify whether you have a disability. Please take a moment to watch this video for clarification on why we're asking for this information!California Resident Disclaimer: California Residents - Lamar collects personal information in the ordinary course of considering job applicants. This information may include, for example, name, address, phone number and other contact information, employment history and reference contact information, and any other information provided by an applicant to Lamar. By submitting an application, you consent to the use or sharing of this personal information solely for the purpose of consideration for employment by Lamar. Lamar will not sell this information.#Reg56ID
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What You Should Know About Real Estate Manager, Lamar Advertising

Are you a dynamic communicator with a passion for real estate? If so, Lamar Advertising in Brighton, NY has an exciting opportunity for you as a Real Estate Manager! In this role, you will take the lead in overseeing all aspects of our real estate functions, focusing on securing and enhancing our portfolio of leased and owned properties. Your keen negotiation skills will be put to the test as you procure new real estate opportunities that align with Lamar's business objectives. Whether you’re monitoring land lease agreements or developing strategic relationships with landowners, you’ll play a crucial part in driving our company's growth and success. Working hours are Monday to Friday, 8am to 5pm, with a hybrid work arrangement to support your work-life balance. Enjoy an impressive first-year earning potential of $75,000 - $110,000 including bonuses, along with a comprehensive benefits package, including health plans, paid time off, and professional development opportunities. Your mission? To ensure that Lamar continues to thrive in the competitive advertising space by maintaining and expanding our real estate footprint. If you have a background in business or real estate, possess strong organizational skills, and can keep cool under pressure, then we want to hear from you. Join us at Lamar, where your contributions will be valued and encouraged!

Frequently Asked Questions (FAQs) for Real Estate Manager Role at Lamar Advertising
What are the responsibilities of a Real Estate Manager at Lamar Advertising?

The Real Estate Manager at Lamar Advertising is responsible for overseeing the company's real estate functions, including the purchase and procurement of properties, managing land lease agreements, and ensuring compliance with local and state regulations. This role involves strategic planning to grow Lamar’s real estate portfolio, negotiating with landowners, and maintaining effective relationships to facilitate agreements.

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What qualifications are required for the Real Estate Manager position at Lamar Advertising?

Candidates for the Real Estate Manager role at Lamar Advertising must have a high school diploma or equivalent, along with a bachelor's degree and five years of relevant experience in business or real estate. A real estate license is preferred, as is familiarity with land acquisition and zoning regulations.

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What skills are important for a Real Estate Manager at Lamar Advertising?

Key skills for a Real Estate Manager at Lamar Advertising include strong negotiation and communication abilities, excellent analytical capabilities, knowledge of real estate regulations, and familiarity with financial practices in property acquisition. Proficiency in Microsoft Office is also essential.

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What does a typical day look like for a Real Estate Manager at Lamar Advertising?

A typical day for a Real Estate Manager at Lamar Advertising involves portfolio management, conducting negotiations with landowners, monitoring lease agreements, and collaborating with local managers on strategic data analysis to optimize the real estate portfolio. Additionally, they ensure compliance with zoning ordinances and maintain relationships with governmental officials.

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What are the benefits of working as a Real Estate Manager at Lamar Advertising?

Working as a Real Estate Manager at Lamar Advertising comes with a variety of benefits, including competitive salary, bonus opportunities, comprehensive health insurance options, paid time off, and career advancement programs. Employees also have access to a wellness program and various incentive programs to enhance their overall work experience.

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Common Interview Questions for Real Estate Manager
Can you explain your experience with real estate procurement?

When answering this question, highlight specific instances where you successfully procured real estate assets. Discuss the strategies you used, the stakeholders you engaged with, and the outcome of those actions to showcase your skills and experience.

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How do you handle conflicts in negotiations with landowners?

Showcase your conflict resolution skills by providing examples of past negotiations. Discuss the importance of empathy, clear communication, and finding common ground to achieve win-win outcomes.

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What strategies do you use to analyze market trends in real estate?

Explain how you gather and interpret data, such as sales records or demographic studies, and apply it to identify opportunities or risks. Mention any tools or methodologies you find effective in tracking trends.

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Describe a challenging project you managed and how you overcame obstacles.

Choose a relevant project that demonstrates your problem-solving skills. Discuss the challenges faced, your approach to finding solutions, and the successful outcomes that resulted from your actions.

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How do you ensure compliance with local and state regulations?

Talk about your knowledge of zoning laws and regulatory requirements. Mention steps you take to stay informed about changes in regulations, such as attending workshops or networking with industry professionals.

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What tools or software do you use for real estate management?

Discuss the specific software you are familiar with, such as property management or analytical tools. Explain how these tools enhance your efficiency and aid in making informed decisions.

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How do you prioritize multiple tasks in a fast-paced environment?

Highlight your organizational skills and techniques for time management. Provide an example of a time when you successfully managed competing priorities and met deadlines.

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Can you tell us about your experience working with diverse groups?

Discuss your experiences collaborating with people from various backgrounds. Emphasize the importance of effective communication and cultural sensitivity in fostering positive working relationships.

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What is your approach to maintaining professional relationships with landowners?

Explain how you build trust and manage ongoing communication with landowners. Share examples to demonstrate your ability to develop and sustain these relationships.

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What are your long-term career goals as a Real Estate Manager?

Discuss your aspirations within the real estate sector, focusing on how you plan to grow with the company. Consider mentioning continuous professional development and leadership opportunities.

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