Closing Associate - Irvine, United States - CoStar Group

CoStar Group

Verified Company

Irvine, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Closing Associate

Job Description:

CoStar Group Company Intro:
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 to our customers.

We've continually refined, transformed, and perfected our approach to our business, creating a language that has 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.

Ten-X_

Ten-X is the world's largest, online commercial real estate auction platform.

The Ten-X platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close deals.

Learn more about Ten-X.

Role Description:

Working directly with sellers, buyers, brokers and Ten-X cross-functional teams, the Closing Associate is responsible for delivering an efficient, scalable, and compliant process that helps our clients through all aspects of contracting/closing and title while using the Ten-X platform.

The Closing Associate will maintain professional relationships with clients by preparing, reviewing, and posting updated title commitments, coordinating the execution of the appropriate purchase and sale agreement and related documents, tracking contract execution and EMD collection on auction day, and finally, to oversee the file in closing and to ensure Ten-X payment when escrow closes.

Responsibilities:

Managing progress across Ten-X cross functional teams to ensure all assigned CRE and note sales are ready for auction in advance of deadlines
Actively participating in seller / client meetings and taking ownership of communications regarding Ten-X's contracts and closing endtoend process
Reviewing seller purchase agreements or addenda for special provisions and required auction terms to ensure compatibility with the Ten-X platform
Auditing each assigned property's Data Room and publishing the appropriate purchase agreements / addenda to the listing page in a timely manner so they can be reviewed by potential bidders prior to auction
Analyzing title reports and coordinating with sellers and title companies to address problematic issues prior to auction Coordinating with buyers, sellers and escrow to obtain required signatures and confirmation of Earnest Money Deposit receipt by escrow
Facilitating communication between buyers, sellers, brokers, and title/escrow companies to help resolve disputes or conflicts to ensure a smooth close of escrow
Escalate concerns to appropriate parties with clear and concise information and details
Problem solve and seek out new and creative solutions to internal and external issues
Reporting polished, succinct, and complete notes on all transactions for review by senior management
Ad hoc projects as determined by management, including but not limited to process improvement related projects, preparing and delivering presentations, and training initiatives
Demonstrates professional behavior and teamwork, is punctual, dependable and adheres to Company policies and procedures. Works toward the success of a high performing team and best outcomes for customers
KEY BEHAVIORS / CORE VALUES_ _ Leadership: _Considers the "big picture" and supports broader team objectives; takes initiative to lead process improvement initiatives; drives solutions to common challenges affecting the team

- _ Functional /

Technical Knowledge:
_Demonstrates an interest in learning new technical skills and developing knowledge of the commercial real estate industry; makes time to learn and improve; Seeks constructive feedback and strives for personal development
- _ Adaptability: _Responds with solutions when faced with new demands and challenges; Works calmly under stress and pressure; Works effectively in ambiguous situations; Handles situations tactfully; Maintains a constructive, positive outlook even when plans are redirected.
- _ Teamwork_: Makes a positive impact on company culture and team unity; Easily gains trust and support of peers; Collaborates effectively within and across departments to accomplish shared goals; Advocates for and represents the C&C Team, Ten-X and CoStar positively at all times; Contributes ideas and shares resources.
- _ Initiative_: Identifies what ne