1. Financial Analysis: Finding Your Way Around the Money Maze

Managing real estate is more than just taking care of buildings; it’s a financial game of chess. Managers need to know a lot about financial data and how markets work. Recent data from the business shows that 75% of great real estate managers say that good financial research is the key to their success. This skill involves figuring out how to spend money, look at cash flows, and guess what the next big trend will be.

2. Property Management: Putting Together the Operational Symphony

The most important part of real estate management is property management. It’s about making neighbourhoods that thrive, not just signing leases and collecting rent. According to recent polls, 80% of happy tenants are directly linked to good property management. Managers must learn how to keep an eye on day-to-day processes, keep good relationships with tenants, and make sure rules are followed.

Using eco-friendly methods when managing properties not only brings in renters who care about the environment, but it also raises the property’s value over time.

3. Project management: Making success happen from the plan to the real world

Whether they are repairs or brand-new builds, real estate projects are complicated tasks that need to be managed well. Experts in the field say that poor project management causes 70% of real estate projects to be late. To make sure projects are finished on time and on budget, managers must effectively plan schedules, assign resources, and keep an eye on workers.

Key Point: Using agile project management methods can cut down on delays by a lot and make the whole project run more smoothly.

4. Due Deligence :Exposing the Levels of Risk

Thorough due research must be done before buying or renting a home. According to recent industry studies, good due research is responsible for 60% of the success of real estate investments. To make choices that are in line with financial goals and government rules, managers need to do a lot of study, look at the market, and think about the risks that might be involved.

Key Point: Using advanced analytics and AI-powered tools can speed up the due diligence process and give a more accurate picture of the risk.

5. Customer service: Taking relationships above and beyond transactions

Customer service that goes above and beyond is what makes real estate management work. Statistics show that 90% of renters are more likely to repeat their lease if they get along well with the property manager. To build trust and loyalty in their communities, managers must make responding quickly a top priority, deal with client complaints quickly, and build good relationships with all parties.

Key Point: Putting in place a tenant-centered approach, like personalised contact and community involvement programmes, can make customers much happier overall.

6. Portfolio management: Getting the right mix of returns and risks

Taking care of a broad business requires planning ahead and managing risks. Recent studies in the industry show that when the market goes down, real estate investments with a variety of asset types go through 25% fewer changes. To get the best results on their investments while minimising risk, managers need to keep an eye on market trends, look at performance data, and find the best way to divide up assets.

Key Point: Using a data-driven approach to portfolio management helps managers make smart choices and quickly adjust to changes in the market.

7. Property Inspections: Safeguarding Value Through Vigilance

Regular checks of properties are a responsible way to keep them up to code and make sure they’re following safety rules. Statistics from the industry show that homes that get regular checks have 30% fewer problems with upkeep. To keep the property’s value high and make tenants happier, managers should do thorough checks, find upkeep problems, and fix them right away.

Key Point: Using IoT and smart building technologies can allow tracking in real time, which makes property checks faster and more thorough.

8. Lease Management: How to Get the Best Deals

A big part of real estate management is negotiating and handling lease deals. Based on what the industry knows, places with well-negotiated leases see their rental income go up by 15%. To get the most rental income and avoid disagreements, managers need to know the rules of the lease, make sure tenants follow them, and deal with renter complaints in a good way.

Key Point: Using lease management software can speed up the bargaining process and make sure that all the paperwork is correct and legal requirements are met.

9. Site selection: finding the best places to buy real estate in a given area

To find the best places for new projects, you have to carefully look at market trends and population information. Recent trends in the real estate business show that homes in areas that are in high demand can gain value by 20% faster. To help them make strategic decisions, managers should do full site reviews, figure out if the idea is feasible, and look for possible risks and possibilities.

Key Point: Using GIS and location intelligence tools can help managers make better decisions about where to put their businesses by giving them more information about how the market is changing.

10. Technological Knowledge: Getting Ready for the Digital Change

In today’s real estate management, using technology is not a choice; it’s a must. Statistics show that 80% of great real estate agents use technology to run their businesses. Managers should use technology like virtual tour platforms and property management tools to speed up work, communicate better, and stay on top of industry trends.

Key Point: Using AI-powered robots in customer service can make it faster and easier to get help 24 hours a day, seven days a week, which can help tenants be happier overall.

Final Note

Mastering these important skills is not only the way to success, it’s also the only way to stay at the top of the ever-changing field of real estate management. Real estate managers can not only make it through the tough market, but also do well with confidence and skill if they develop a wide range of skills, keep up with industry trends, and put customer happiness first. These skills are the guide that leads real estate workers to unmatched success in a world where flexibility is key.

Also, read 

From Harvard to MIT : 10 Free University Courses to Launch Your Data Science

Know Microcredentials Can Boost Your Skills in 75% Less Time?

SUAT is also known as Sharda University Admission Test, it is a national level entrance test for admission offered by Sharda University.

It is conducted once a year and SUAT 2025 is meant to be held this year and SUAT 2025 application submission is nothing but applying for the exam.

Individuals with a score of 90 to 94.99 in SUAT get a scholarship of 80%, those who won a score of 85 to 89.99% can get a scholarship of 60%. Students with a SUAT score ranging from 80 to 84.99% can win 20% scholarship, those with a score of 75 to 79.99% can avail 10% scholarship.

Process

Candidates willing to study BTech, BDes, BCom, BBA, Mass Comm, Arts, Sciences courses at Sharda University have to take up SUAT 2025 registration.

Post SUAT 2025 registration, they have to appear for the test and pass it with required qualifying marks to be eligible to take part in the next phase of admission which comprises personal interaction with the applicant.

Candidates who have appeared for national level exams like JEE Mains, JEE Advanced, CLAT/LSAT, CAT/MAT/XAT may likely be exempted from appearing for SUAT.

They can apply and directly appear for the next phase which comprises PI (Personal Interaction or Personal Interview).

Applicants of certain courses may have to appear for PI after passing SUAT, for couple of other courses, applicants may have to take part in Group Discussion also along with PI.

Selection will be done based on performance in SUAT, qualifying exam, GD, PI, number of applications for each course and vacancies available in each course. Those who get a seat can pay the fees and join the course.

More about SUAT

To cater to the need of the hour, Sharda University, the provider of world-class education since 1996 has announced SUAT (Sharda University Admission Test) to be a single platform Admission Test.

Sharda is India’s first private University to come up with such a comprehensive test at par with leading Universities & National/State Level Entrance tests.

The SUAT has different set of papers for different disciplines. It is one of the most exhaustive & unique Online Test conducted by Sharda University.

Those aiming for courses mentioned below can take submit SUAT 2025 application as admission will be based on scores in that exam:

B.Tech

BCA

MCA

BBA

B.Com

BBA + MBA integrated

MBA

Journalism & Mass Communication & Design

Integrated Law

BA (Hons) & B.Sc in all disciplines

M.Sc. (Nursing)

Exam pattern

Duration of SUAT is 90 minutes (1.5 hours) and is SUAT is an objective type test with four alternate answers. The test is taken to assess the problem-solving skills, analytical skills and language proficiency of the candidates.

SUAT comprises of different sections for different disciplines:

Under Graduate (PCM): English Communication, General Aptitude, Physics, Maths & Chemistry.

Under Graduate (Non-PCM): General Awareness, English
Communication, Logical Reasoning & Critical Thinking & Quantitative Aptitude.

Under Graduate (Bio): English Communication, General Aptitude, Physics, Biology & Chemistry.

Post Graduate: General Awareness, Logical Reasoning & Quantitative Aptitude.

Candidate needs to secure at least 35% marks to qualify SUAT exam.

The exam is conducted in online mode, as a computer based test, candidates have to answer questions on a computer screen at the designated test center. Test is also likely conducted in Remote Proctored Mode, where candidates can appear for the test from anywhere.

However, candidates can make enquiries with the authorities concerned to know if the exam has an option of appearing in Remote Proctored Mode before opting for the option.

Who can take up SUAT 2025 application submission?

The eligibility criteria to submit SUAT 2025 application is a pass in plus-two if applying for under graduation course.

Those willing to apply for postgraduation have to pass graduation in the relevant discipline to submit SUAT 2025 application.

How to take up SUAT 2025 application submission?

The SUAT 2025 application can be submitted online and official website for that is ‘https://suat.sharda.ac.in/’ The process to apply is mentioned below:

1. Type the URL mentioned above in the browser of the computer and submit to allow the website to download.

2. Once the webpage is ready, candidates has to fill the registration form. Once the candidate has filled the Online registration/ enquiry form, he/she will receive a mail from Sharda University containing booking link, user-id/system-id & password.

3. By using above credentials, candidate will login and book their exam slot of his/her choice by selecting the following: Exam State, Exam City, Exam Centre Test Date, Time Slot.

4. Candidate reports at the centre on his selected date & time with a copy of the hall ticket (passport size photo affixed) and any Govt. issued photo-ID card.

5. Centre verifies the candidates based on hall ticket, photo ID card & Attendance Roster for that centre. Centre takes the candidate’s signature on Attendance roster and helps the candidates to login & start his/her exam.

6. Candidate takes up his exam at centre.

7. Result will be sent to Sharda University after the examination cycle gets completed.

8. Successful candidates will be called for Personal Interview (and Group Discussion – incase of MBA candidates) to Sharda University campus/ regional offices.

9. Appear for PI (GD in case of MBA) at SU campus/regional offices.

Also Read – Sharda University organizes great 3 day conference