Business Development Manager (BDM)

Job Description

Job Title: Business Development Manager Location: [Insert Location] Experience Required: Minimum 5+ years in real estate business development Education: MBA or Post-Graduation in Business Administration, Marketing, or related field Job Summary: We are looking for a seasoned Business Development Manager with a proven track record in the real estate industry. The ideal candidate will have over 5 years of experience and hold an MBA or equivalent postgraduate degree. This role involves managing multiple sites, engaging directly with clients, overseeing price negotiations, and supporting the sales and marketing team to drive business growth. The Business Development Manager will be responsible for identifying new business opportunities, nurturing client relationships, and ensuring the successful execution of deals. Key Responsibilities: Client Relationship Management: Site Visits: Accompany clients to various project sites, providing detailed insights and addressing any concerns or queries they may have. Client Needs Assessment: Engage with clients to thoroughly understand their requirements, preferences, and budget, offering customized solutions. Negotiations: Lead price negotiations with clients, ensuring mutually beneficial agreements that align with company objectives. Client Retention: Build and maintain long-term relationships with clients, ensuring their continued satisfaction and loyalty. Lead Generation & Management: Lead Identification: Identify and pursue new business opportunities through networking, referrals, and industry events. Lead Qualification: Evaluate and prioritize leads to focus on high-potential opportunities. Follow-Ups: Conduct regular follow-ups with leads to maintain interest and move them through the sales funnel. Collaboration: Work closely with the Sales & Marketing Executives to ensure leads are effectively managed and converted into sales. Sales & Marketing Support: Team Coordination: Collaborate with the sales and marketing teams to align strategies, share insights, and support overall sales objectives. Training & Mentorship: Provide guidance and support to the sales and marketing teams, helping them refine their strategies and improve their performance. Market Intelligence: Gather and analyze market data, including competitor activities, market trends, and client feedback, to inform business strategies. Business Strategy & Development: Opportunity Identification: Identify new markets, client segments, and opportunities for growth, and develop strategies to capitalize on them. Strategic Partnerships: Establish and maintain relationships with key stakeholders, including real estate developers, investors, and industry professionals. Proposal Development: Prepare and present business proposals to potential clients and partners, outlining the value proposition and negotiating terms. Project Management: Oversee the execution of key projects, ensuring they are delivered on time, within budget, and to the client's satisfaction. Reporting & Analysis: Performance Monitoring: Track and analyze the performance of business development initiatives, reporting on key metrics and outcomes to senior management. Forecasting: Prepare sales forecasts and business plans, identifying potential risks and opportunities for growth. Feedback Integration: Incorporate client and market feedback into business development strategies to continuously improve offerings and approach. Qualifications & Skills: Experience: Minimum of 5+ years in business development, specifically in the real estate industry. Education: MBA or Post-Graduation in Business Administration, Marketing, or a related field. Negotiation Skills: Strong negotiation and closing skills, with a demonstrated ability to secure favorable deals. Communication: Excellent verbal and written communication skills, with the ability to influence and persuade stakeholders at all levels. Leadership: Proven leadership abilities, with experience managing and mentoring teams. Analytical Skills: Strong analytical and strategic thinking skills, with the ability to interpret market data and make informed decisions. Networking: Extensive network within the real estate industry, with the ability to build and maintain relationships with key stakeholders. Tech Savvy: Proficiency in CRM software, MS Office, and other relevant tools. Benefits: Competitive salary with performance-based incentives Opportunities for career growth and leadership development Access to industry events and networking opportunities A dynamic and collaborative work environment