Biggest Challenges Faced by a Real Estate Transaction Manager at a Financial Banking Company
Vanessa, a Real Estate Transaction Manager, finds the biggest challenge in the role is navigating the complexities of "dealing with so many types of groups," such as strategy, property, and project managers, to get a deal approved. The "timing is probably the issue" due to the extensive internal checks and approvals required to reach the finish line, as "everything is not always the same" from deal to deal.
Real Estate Transactions, Stakeholder Management, Internal Approvals, Time Management, Problem Solving
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Job Title
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Undergrad
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Vanessa Corcuchia
Real Estate Transaction Manager
Financial Banking Company
San Francisco State University
Fashion Institute of Design and Merchandising
Business Management & Admin
Finance (Banking, Fintech, Investing), Real Estate
Real Estate
Video Highlights
1. Dealing with multiple internal groups (strategy, property managers, project managers) to get a deal approved.
2. Navigating internal checks and approval processes before a deal can be finalized.
3. Managing the timing of deals due to the variable nature of each transaction and the different parties involved.
Transcript
What is your biggest challenge in your role?
My biggest challenge is dealing with so many types of groups, depending on the type of deal. We have to deal with strategy folks, property managers, and project managers.
There's a lot of detail that goes into getting a deal approved and to the finish line. I can't just sign a document; I have to go through all these internal checks or approvals within our group.
The timing is probably the issue because, as I said, everything is not always the same.
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