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Real Estate Acquisition Associate

4 months ago

Victoria, United States Fergmar Enterprises Full time
Job DescriptionJob Description

Position Overview:

The Acquisition Associate plays a crucial role in our property investment strategy. This position focuses on identifying undervalued properties, conducting initial assessments, and negotiating purchase agreements. You'll engage directly with property owners, leverage market insights, and use your sales acumen to secure profitable deals. This role requires a blend of real estate knowledge, negotiation skills, and the ability to recognize potential in various property scenarios.

Job Duties

Market Research & Lead Generation:

  • Conduct thorough market research to identify potential property acquisition opportunities.
  • Utilize real estate data, local market trends, and public records to generate leads for potential purchases.
  • Proactively engage with property owners to establish relationships and uncover investment opportunities.

Property Assessment & Negotiation:

  • Schedule and conduct on-site visits with property owners to assess opportunities and build rapport.
  • Lead discussions with owners, aiming to understand their needs and propose mutually beneficial purchase terms.
  • Collaborate with the Acquisitions Manager to structure deals that satisfy both the property owner and company objectives.
  • Demonstrate flexibility and creativity in negotiations to ensure successful outcomes for all parties involved.

Documentation & Reporting:

  • Enter property data and condition assessments into internal tools for rough renovation estimates.
  • Prepare offer documents and contracts, ensuring all legal compliance requirements are met.
  • Maintain accurate records of property visits, negotiations, and deal progress.
  • Report daily KPI metrics as required, tracking personal performance and deal flow.
  • Manage personal schedule effectively to maximize productivity and property visits.

Requirements

Ideal Candidate Profile:

We're seeking a dynamic individual who thrives in a fast-paced, ever-changing environment. The ideal candidate for this role will possess:

  • Strong leadership qualities with the ability to work independently and take initiative
  • Excellent communication and interpersonal skills, with a natural ability to connect with others
  • A results-driven mentality, comfortable with quick decision-making and adapting to new situations
  • Flexibility in approach, able to adjust strategies as needed to achieve goals
  • Comfort with ambiguity and the ability to navigate uncertain situations confidently
  • A proactive and energetic attitude, always ready to take on new challenges
  • Innovative thinking, with the ability to generate creative solutions to complex problems
  • Resilience and the ability to bounce back quickly from setbacks

The successful candidate will likely be a natural persuader, capable of motivating others and building strong relationships. They should be comfortable taking calculated risks and thinking outside the box to achieve results. We're looking for someone who can balance big-picture thinking with the drive to get things done.

This role requires a high level of cognitive ability, with strong problem-solving skills and the capacity to quickly process and act on complex information.

Our ideal team member will bring energy, enthusiasm, and a fresh perspective to our dynamic work environment, contributing to our culture of innovation and results-oriented performance.

Basic Requirements:

  1. High school diploma or equivalent (some college education preferred)
  2. Valid driver's license and reliable transportation
  3. Proficiency in Microsoft Office Suite, particularly Excel
  4. Strong verbal and written communication skills
  5. Ability to work independently and manage time effectively
  6. Willingness to work in a fast-paced, dynamic environment
  7. Comfortable with a commission-based compensation structure
  8. Ability to quickly learn and apply new information
  9. Strong problem-solving and decision-making skills

Preferred Qualifications (not required but beneficial):

  1. Prior experience in sales or customer-facing roles
  2. Experience in real estate, home purchasing, or property investment
  3. Knowledge of home remodeling or construction processes
  4. Real estate inspection experience
  5. Familiarity with local real estate market trends
  6. Experience with negotiation and deal-making
  7. Track record of meeting or exceeding sales targets
  8. Bachelor's degree in Business, Real Estate, or related field

Benefits

Benefits Package:

  • Comprehensive Health Coverage: The company offers excellent medical insurance options for employees, with the option to include spouse or family coverage. Affordable dental and vision plans are also available.
  • Life Insurance: A basic life insurance policy is provided at no cost to employees, with options for additional coverage.
  • Retirement Savings: Our 401(k) plan features a generous company match, starting at 100% match up to 3% of gross earnings. The match increases with tenure, encouraging long-term growth with the company.
  • Paid Time Off: Employees receive a competitive PTO package, including sick/family/bereavement time and vacation days. PTO increases with years of service, up to a maximum of 15 days annually.
  • Professional Development: We support ongoing education and training to help you grow in your current position.
  • Additional Perks: Depending on the role, travel-related benefits such as a company vehicle or fuel allowance may be provided.

Compensation:

  • Base compensation of $48,000 annually
  • Uncapped commission structure based on performance
  • Potential for high earnings with successful deals
  • 90-day paid training period to set you up for success
  • Performance-based incentives and bonuses
  • Opportunity for increased earnings as you grow with the company