Market Researcher

Posted 7 days ago

People First, Properties Second

Job Description:

  • Research zoning-general plan land use throughout market(s) as needed
  • Give social media input updates as needed
  • Routinely meet with every agent to learn about their business and where assistance is needed
  • Participate in occasional ride alongs with agents to remain knowledgeable of market(s)
  • Shadow agents on property tours and presentations if requested
  • Attend broker open houses
  • Develop and maintain the tenant, comp, and pipeline spreadsheets for each specialty:
    • Ensure spreadsheets are accurate
    • Add missing tenants, comps, and pipeline information and update as needed, work with internal brokers to provide missing information
    • Fill in ‘gaps’ for current inventory information
    • Pull comps from periodicals as needed
    • Contact other brokerage firms to validate reported/non-reported information
    • Pull specific lease comp reports for brokers as needed/requested
  • Run CoStar|LoopNet, Crexi (etal.) searches as needed
  • Pull demographics, traffic counts and competitive information as needed
  • Perform ownership and property information research for all agents
  • Assist in preparation of timely, quarterly market research reports/market summaries and company publications:
    • Quarterly marketing reports consist of producing data related to Office, Industrial and Retail absorption, rental rates, vacancy and other measures
    • Find and compile economic and commercial real estate information, utilizing the following data:
      • National and local employment
      • Market economic indicators
      • Office absorption, vacancy, rents, construction
      • Industrial absorption, vacancy, rents, construction
      • Retail absorption, vacancy, rents, construction
      • Sales involving office, industrial, retail and apartment properties
  • Research real estate industry and market trends – provide weekly insight communications to all brokerage associates
  • Search top media sites for news of interest; compile articles throughout week to create a “Week in Review” e-blast for clients, prospective clients, company associates and leadership
  • Assist with custom broker projects as needed
    • Marketing presentations, tour packages, due diligence material, BOVs, etc.
    • Researching economic databases and forecasts (market trends, countywide employment stats, economic indicators relevant to presentation)


Educational Tasks

  • Participate in database training within the first 30 days (MLS, CoStar, STBD, etc.)
  • Learn the art of sales presentation
  • Participate in online or in-person training weekly
  • Attend planning commission and city council meetings if required
  • Improve upon personal interaction skills weekly
  • Understand terms and concepts (financial and otherwise) of product types
  • Attend internal training classes as required
  • Attend all agent and specialty meetings as required


Education and Experience

  • BA or BS degree in Business, Finance, Marketing or related field of study
  • Real estate license preferred


Knowledge, Skills, and Abilities

  • Proficient in Microsoft Outlook, Word, Excel, and PowerPoint
  • Possess strong people skills and ability to work in a group environment
  • Possess diligence and ability to collaborate with teammates in a positive/professional manner
  • Ability to work independently and produce quality work with little or no direction
  • Ability to work effectively and efficiently in a fast-paced, deadline-oriented environment
  • Possess strong communication and listening skills
  • Possess time management skills and ability to multi-task and prioritize assigned tasks
  • Possess administrative and organizational skills
  • Demonstrate attention to detail
  • Demonstrate a strong work ethic
  • Possess the desire to learn the commercial real estate industry
  • Punctuality required

Job Features

Job CategoryAdministrative, Research

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