Residential Acquisition Analyst
Job Description
Job Description
Compensation: $70k to $75k base salary plus per deal commissions. In theory unlimited earning potential. Over 6 figure earnings will be expected in the range of 130k-190k.
The Acquisition Analyst will be responsible for the daily operations of sourcing and helping underwrite deals with the Director of Acquisitions and various team members. You will have and grow a large network of relationships with outside agents and sellers and utilize various online resources in order to be successful. You will join a fun and experienced team who enjoys the daily hustle just as much as you do.
What you’ll do:
- Daily outreach to new brokers, agents, and sellers. Introduce these new lead sources to yourself and the company. Maintain existing ones
- Utilize the MLS and other online platforms to find new deals. Engage the listing agents. Set yourself apart from the competition.
- Coordinate with field personnel and project managers to arrange showings and inspections of target properties
- Attend showings and inspections yourself as necessary
- Perform due diligence, evaluate risk, collaborate with field personnel to determine budgets and valuations
- Submit offers, review contracts and disclosures
- Organize deal pipeline, follow up regularly, prioritize effectively
- Finalize deal proformas, create CMAs for internal use, analyze inventory reports
- Develop expertise in your markets, monitor trends, follow your deals from start to finish and learn from them
- Set clearly defined goals for yourself and hit them
Who you are:
- Minimum 2 years relevant experience working in residential or multi-family acquisitions
- Proficient with the MLS. Knows how to pull comps and perform accurate property valuations
- Proficient with Microsoft Excel
- Strong negotiation and deal closing skills
- Excellent communication skills. Outgoing personality
- Strong basic math comprehension. Quick with numbers
- Extremely self-motivated and driven. Takes ownership of what you do
- Positive, can do attitude who handles themselves professionally and works well with others
\nCompany Description
Griffin Residential is a diversified real estate company with a proven track record across multiple businesses. Our mission is to excel in all of our real estate endeavors while maintaining the company’s core values of respect and integrity. Griffin Residential is an established industry leader in transforming distressed properties into restored homes. Since 2008, Griffin Residential has revived over 4000 homes throughout Southern California, increasing property values and making a positive contribution to the surrounding communities. All the while maintaining its culture of being a people first, family owned and operated company with tremendous room for growth and experience for all members of its team.
Company Description
Griffin Residential is a diversified real estate company with a proven track record across multiple businesses. Our mission is to excel in all of our real estate endeavors while maintaining the company’s core values of respect and integrity. Griffin Residential is an established industry leader in transforming distressed properties into restored homes. Since 2008, Griffin Residential has revived over 4000 homes throughout Southern California, increasing property values and making a positive contribution to the surrounding communities. All the while maintaining its culture of being a people first, family owned and operated company with tremendous room for growth and experience for all members of its team.