Associate New Homes Researcher

Associate New Homes Researcher

Job Description

COMPANY OVERVIEW

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 unique and valuable offerings to our customers. We have 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. 

The Research team is the heart of CoStar, capturing market-critical information that enables our commercial real estate clients to make informed, high impact business decisions daily. CoStar Group’s research contributes to the most important segment of our economy, and we are seeking New Homes Associate Researchers to join our growing research organization.  

Homes.com (a subsidiary of CoStar Group) is a growing marketplace, reimagining the home search experience for consumers. We are reimagining the Homes.com Network to efficiently connect builders with buyers and their agents and generate maximum exposure for their communities.

ROLE DESCRIPTION

As a New Homes Associate Researcher, you will collect content on builders and developers of new home construction throughout the United States using web research and conducting interviews with key players in the market. The content that you collect will consist of builder profiles and their assets, construction activity, and specs and pricing on new homes.

RESPONSIBILITIES

• Primary responsibility is to track all components of new home construction in the United States.
• Contact builders and developers to ensure corporate hierarchies are correct, identify decision makers and influencers at the corporate level, and assign all assets, owned and managed, to the correct corporate location.
• Research and compile all relevant data for actively selling communities including key marketing contacts, the number of homes, plan types, move-in ready units/lots, images, spec sheets, overall community details, and other data as required.
• Build and maintain mutually beneficial relationships by conducting daily interviews with builders and developers to ensure sales, prices, and incentives are up to date, accurate, and complete.
• Maintain accurate data for all new home construction throughout the complete construction lifecycle.
• Review sale comps on residentially zoned land parcels exceeding 10 acres for new inventory.
• Match seller/entity for sale of new homes and monitor for on-going sales activity.
• Ensure data quality and identify opportunities for data enhancement.
• Capture and enter data accurately while understanding how the information contributes to providing marketplace transparency.
• Promote the advantages of utilizing our suite of products to make informed business decisions and maximize marketing exposure.
• Review market publications and social media to stay abreast of current homebuilding, capturing breaking news as identified.
• Work with the GIS and content teams when identifying new large-scale master-planned communities that qualify as neighborhoods.
• Function as product ambassador by having product knowledge of CoStar and Homes.com.
• Partner with CoStar and Homes.com sales organizations to effectively on-board clients and provide additional product training as needed to solve their business needs.
• Provide world-class customer service to all clients with a heavy emphasis on personal attention.
• Monitor internal news leads to ensure data capture.

BASIC QUALIFICATIONS

• Bachelor’s Degree required from an accredited, not for profit University or College. (Degree in GIS, Real Estate, Commercial Real Estate, Construction Development, Land Acquisition and Urban Planning).
• Evidence of strong academic performance in college.
• At least 1 year of professional experience.
• Flexibility to work shifts aligned with ET, CT, MT, or PT time zones.
• The ability to quickly learn and apply new concepts such as commercial real estate terminology, mapping, and GIS concepts.
• Strong time management and organizational skills, and detailed oriented.
• Capability to accurately capture and enter data.
• Excellent communication (oral and written) and organizational skills.
• Knowledge of Microsoft Excel, and Internet applications. 
• Ability to work within a collaborative environment.

PREFERRED QUALIFICATIONS AND SKILLS

• Homebuilder or CRE experience.
• Results oriented.
• Analytical with the ability to interpret information and trends, adapting quickly.
• Interact at all levels and establish rapport with both internal and external stakeholders.
• Natural curiosity, persistence, and ability to conduct thorough investigative research.
• Proven success performing to metrics or key performance indicators (KPI)
• Experience communicating with external clients by phone with an ability to resolve customer inquiries in a timely manner with a high degree of customer service.
• Experience working independently and as part of a team.
• Knowledge of and/or experience within the residential real estate industry
• Ability to adjust and adapt to changing priorities at a high growth company.
• Evidence of strong academic performance in college

What’s in it for you?

When you join CoStar Group, you will experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. 

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

• Our benefits package includes (but is not limited to): 
• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug 
• Life, legal, and supplementary insurance 
• Virtual and in person mental health counseling services for individuals and family 
• Commuter and parking benefits 
• 401(K) retirement plan with matching contributions 
• Employee stock purchase plan 
• Paid time off 
• Tuition reimbursement 
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
• Access to CoStar Group's Diversity, Equity, & Inclusion Employee Resource Groups
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy fruits

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar Group is not able to provide visa sponsorship for this position. 

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing