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Real Estate Operations information

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$32.5K

$62.6K

$98.5K

How much do real estate operations jobs pay per year?

As of Aug 21, 2026, the average yearly pay for real estate operations in the United States is $62,633.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,500.00 and $74,000.00 per year, depending on experience, location, and employer.

What is real estate operations?

Real Estate Operations refer to the management and coordination of activities involved in the buying, selling, leasing, and maintenance of real estate properties. This field encompasses tasks such as property management, transaction coordination, compliance, budgeting, and overseeing day-to-day processes that keep real estate businesses running smoothly. Professionals in real estate operations ensure that properties are efficiently managed, legal requirements are met, and that clients and stakeholders receive high-quality service. Their role is essential for maximizing property value and ensuring smooth business operations within real estate firms.

What are the key skills and qualifications needed to thrive in real estate operations, and why are they important?

To thrive in Real Estate Operations, you need strong organizational skills, knowledge of real estate processes, and often a background in business administration or real estate licensing. Familiarity with property management software, customer relationship management (CRM) systems, and document management tools is typically required. Exceptional communication, attention to detail, and problem-solving abilities are valuable soft skills that set top professionals apart. These competencies ensure smooth transactions, regulatory compliance, and excellent client service in a dynamic property environment.

What are some common challenges faced in a real estate operations role, and how can they be effectively managed?

In a Real Estate Operations role, professionals often face challenges such as coordinating multiple transactions simultaneously, keeping up with regulatory changes, and ensuring seamless communication between agents, clients, and vendors. Effectively managing these challenges usually involves strong organizational skills, proficiency with real estate management software, and proactive communication. Building robust processes for document management and staying updated on industry regulations can also help streamline operations and minimize errors, contributing to a smoother workflow and better client experiences.

What is the difference between Real Estate Operations vs Real Estate Agent?

AspectReal Estate OperationsReal Estate Agent
CredentialsTypically requires real estate license, business or management backgroundRequires real estate license
Work EnvironmentOffice-based, supporting agents and brokersField-based, client-facing property transactions
Employer & Industry UsageReal estate firms, brokerages, property management companiesReal estate brokerages, independent agents
Primary FocusOperational support, process management, complianceClient representation, property sales, negotiations

Real Estate Operations professionals focus on managing the backend processes, compliance, and support functions within real estate firms, while Real Estate Agents primarily work directly with clients to buy or sell properties. Both roles require a real estate license but differ significantly in daily responsibilities and work environment.

More about Real Estate Operations jobs

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Cities with the most Real Estate Operations job openings:

What are the most commonly searched types of Real Estate Operations jobs?

The most popular types of Real Estate Operations jobs are:

What states have the most Real Estate Operations jobs?

States with the most job openings for Real Estate Operations jobs include:

What job categories do people searching Real Estate Operations jobs look for?

The top searched job categories for Real Estate Operations jobs are:

Real Estate Operations jobs near you
Infographic showing various Real Estate Operations job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $62,633 per year, or $30.1 per hour.

Director, Facilities & Real Estate Operations

Virginia Tech Foundation

Blacksburg, VA • On-site

$150K - $170K/yr

Full-time

Re-posted 21 days ago

Job description


Virginia Tech Foundation, Inc. (VTF) is a nonstock corporation established in 1948 for the sole purpose of managing the endowment and real estate portfolio of Virginia Tech, now valued at $3.4 billion. VTF exists and operates as a separate, independent entity with its own officers and governing board – managing, investing, and distributing private resources to advance Virginia Tech’s mission and its strategic priorities.



Position Summary:


Reporting to the Chief Real Estate and Commercial Development Officer, the Director, Facilities & Real Estate Operations serves as the operational lead of the Virginia Tech Foundation’s real estate platform, with responsibility for facilities, capital projects and construction, vendor management, operational performance, and property management, maintenance, and operational systems.

This role establishes clear standards, accountability, and ownership across the platform while driving improved execution, cost discipline, and operational efficiency across both internally managed and third-party managed assets.


Key Responsibilities:


Operations & Facilities Leadership

  • Lead day-to-day real estate operations across the VTF real estate platform
  • Oversee facilities, engineering, and maintenance performance across all assets
  • Establish and enforce consistent operational standards across properties

Capital Projects, Construction & Maintenance Oversight

  • Oversee execution of capital projects, construction activity, and major repairs across the portfolio
  • Manage contractors, service vendors, and project delivery to ensure quality, cost discipline, and timely completion
  • Coordinate capital planning and prioritization of maintenance and project needs across assets

Vendor & Contract Management

  • Oversee vendor relationships, service contracts, and renewals across the portfolio
  • Manage vendor performance, scope, and accountability to ensure consistent service delivery
  • Partner with Legal on contract structuring and execution

Third-Party Property Management Oversight

  • Oversee performance of third-party property managers across the portfolio
  • Ensure consistency in reporting, service levels, and operating standards

Systems, Maintenance Platform & Data Oversight

  • Provide oversight of property management and maintenance systems used across the portfolio
  • Ensure reporting accuracy, consistency, and usability across systems
  • Drive improvements in workflows and operational processes

Organizational Leadership

  • Lead and manage internal operations team and functions
  • Establish clear roles, responsibilities, and accountability
  • Evaluate team structure and staffing needs over time

Likely Direct Reports / Functions

  • Capital projects & maintenance
  • Facilities & engineering
  • Maintenance and operations support roles
  • Operations coordination
  • Vendor / contract management (functional oversight)
  • Property management and maintenance systems oversight

Qualifications

Required

  • Significant experience in real estate operations, facilities, property management, or related operational roles
  • Experience managing vendors, service contracts, contractors, and property operations

Preferred

  • Bachelor’s degree in real estate, engineering, business, or related field
  • Experience in institutional or portfolio ownership environments
  • Experience with building systems, facilities operations, and maintenance planning
  • Familiarity with property or maintenance management systems
  • Experience supporting laboratory, research, or life sciences facilities

Compensation

  • $150,000 - $170,000

Physical Requirements:

Light lifting (<20 lbs.)

Standing

Sitting

Bending

Moderate lifting (20-50 lbs.)

Lifting

Walking

Climbing

Heavy lifting (>50 lbs.)

Reaching

Repetitive motion

Pushing/pulling

Other, specify:

Equal Opportunity Employer

Virginia Tech Foundation, Inc. (VTF) provides equal opportunity in employment to all employees and applicants. The Foundation prohibits discrimination, harassment, and retaliation against employees and applicants on the basis of age, color, sex (including pregnancy, childbirth, and related medical conditions), disability, gender, gender identity, gender expression, national origin or ancestry, political affiliation, race, religion, sexual orientation, genetic information, military or veteran status, marital status, or any other basis protected by federal and Virginia state law.