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Job Description
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OVERVIEW:
CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.
We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings for our customers. We’ve continually refined, transformed, and perfected our approach to our business, creating platforms that have become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.The Role:
The Market Research team is the heart of CoStar, capturing market-critical information that enables our commercial real estate clients to make informed, high impact business decisions daily. CoStar Group’s research contributes to the most important segment of our economy, helping businesses open offices, retail stores, warehouses, and manufacturing facilities. Costar Group is seeking a Market Manager to join our growing research organization.
As a Market Manager, you will be leading a team of Researchers who are responsible for investigating and profiling companies to help owners, brokers and real estate professionals identify which companies are best suited for their buildings. CoStar Group’s research contributes to the most important segment of our economy, helping businesses open offices, stores, and warehouse and manufacturing facilities. Every day our research is helping our clients make informed investment decisions. Because of the impact our research has on the economy, CoStar Group’s benefits and salaries lead the industry.
This position is in office Monday through Friday.
RESPONSIBILITIES :
Lead a team of 8 plus Associate Research Consultants dedicated to delivering comprehensive market coverage of accurate and complete commercial real estate information to CoStar clients
Foster a strong team culture and dynamic and provide regular coaching to the development of the team
Ensure continuous delivery of timely, comprehensive, and accurate information for the assigned markets/region whilst providing CoStar clients with the highest standard of customer service
Conduct regular call evaluations, training and mentoring sessions with your team. Coaching and guiding your team to produce meaningful telephone interactions consisting of effective questioning, listening, probing and sharing of information
Coach, mentor, and develop team members through individual development plans tailored to skills, competency, and career development that results in a center of excellence
Prepare quarterly “Territory Plans” outlining planned improvements in data coverage/depth, relationships, and talent management initiatives
Investigate information resources of the assigned market/region to ensure all possible data sources are researched; information is captured, inputted and published in a timely manner and to the highest quality standards
Conduct market/regional audits to ensure real-time data is being used by clients to make investment decisions
Oversee the preparation of comprehensive market reports on a quarterly basis
BASIC QUALIFICATIONS:
External applicants are expected to have the following education/experience combination:
Bachelors’ degree required coupled with 2+ years previous experience leading a team of 6 or more individuals
2+ years of experience in a professional, corporate environment
2+ years of experience within commercial real estate
Internal applicants are expected to have the following education/experience combination:
Bachelors’ degree required coupled with 2+ years Commercial Real Estate experience
1+ years of Microsoft Office experience
Microsoft Excel experience is required
Flexibility to work shifts aligned with ET, CT, MT, or PT time zones
PREFERRED QUALIFICATIONS AND SKILLS:
Demonstrated interest and/or experience in the commercial real estate industry
Experience with creating effective KPIs and meeting performance metrics, being results-oriented
Leadership and management skills, including the ability to prioritize and control workload of a team, coaching, and mentoring on professional development
Ability to work as part of a team
Success in building strong, cohesive teams by leading and motivating towards action/execution through influence and collaboration
Ability to articulate and execute corporate strategy, well-communicated with the ability to influence
Experience and demonstrated proficiency with Excel that includes the ability to manipulate data, filter, and develop basic formulas. All qualified candidates will be given an assessment to determine their knowledge of Microsoft Excel 2016
Creative problem solving, attention to detail, objectivity and the ability to think strategically
Analytical approach with the ability to interpret information and trends, adapting quickly
Ability to interact at all levels and establish rapport with both internal and external stakeholders
WHATS IN IT FOR YOU:
Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.
Our benefits package includes (but is not limited to):
Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
Life, legal, and supplementary insurance
Commuter and parking benefits
401(K) retirement plan with matching contributions
Employee stock purchase plan
Paid time off
Tuition reimbursement
On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Peletons, personal training, group exercise classes.
Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks
Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups
Be part of a team of professionals enjoying the opportunity to learn, do, and grow in a rewarding atmosphere. But don't just take our word for it -- see why our team chose to work at and stay at CoStar Group: https://www.youtube.com/watch?v=CVbJRnJ2sX0
We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar is not able to provide visa sponsorship for this position
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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing