In House Broker - Chicago, United States - Clear Investment Group
Description
Company Overview
Clear Investment Group is a boutique real estate investment firm in Chicago specializing in multi-family assets. We are based in Chicago, with portfolios across the Midwest, South, and Northeast.
With a focus on acquiring large, distressed asset portfolios, we provide our investors exemplary returns and also improve communities through our 20 years+ of operation.
Job Title:
In House Broker
Reports to:
CEO, CFO and Director of Underwriting
Job Type: 100% in office (Chicago Loop)
Compensation and Benefits
- Base Salary: $ 75, ,000 and commensurate with experience
- Eligible for yearend and performance bonuses
- 401k matching up to 4% of compensation
- Health & dental insurance stipend
Overview
- Sourcing buyers for portfolio properties
- Defining new channels of exit for existing portfolio assets
- Production of content for OMs
- Prospectively, sourcing, evaluating, and negotiating real estate acquisitions to support the firm's investment objectives
- Approximately 25% of the time, broker/Analyst will work with Director of Analytics to on underwriting new and existing transactions
- BS, BA in Real Estate, Business Administration, Finance, or a related field (preferred).
- Currently licensed real estate broker with a minimum of 2 years of experience.
- Proven track record of success in brokerage; particularly with distressed assets.
- Strong understanding of real estate investment principles and financial analysis.
- Excellent negotiation, communication, and interpersonal skills.
- Ability to work independently and as part of a collaborative team.
- Experience working with LoopN2et and Costar
- Proficient in MS Office
Core Responsibilities:
- Include ,but are not limited to:_
- Conduct market research and analysis to assess property values, trends, and potential risks
- Develop and maintain relationships with property owners, brokers, and other industry professionals
- In conjunction with the CEO, negotiate purchase and sale agreements, lease agreements, and other contracts
- In coordination with Asset Management, Coordinate property inspections, appraisals, and due diligence processes
- Collaborate with internal teams to develop comprehensive investment strategies (i.e. assets and geographies to acquire)
- Stay abreast of market conditions, regulatory changes, and industry developments
- Production of Offering Materials (content) in conjunction with marketing department
- Pursue sales leads as well as originate new buyers for workforce multi assets using LoopNet and costar to originate new prospective buyers and identify new sales channels
- Maintain buyer database for prospective targets for firm dispositions
- Approximately 25% of time will be spent underwriting new deals and prospective opportunities
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