Business Development Manager

Posted 2 Hours Ago
Be an Early Applicant
New York, NY
113K-139K Annually
7+ Years Experience
Real Estate • Software • PropTech
At Compass, our mission is to help everyone find their place in the world.
The Role
The Business Development Manager will expand Compass' product into new and existing markets, manage customer relationships, develop sales strategies, and onboard new vendors. Responsibilities include negotiating with real estate associations, maintaining licensing agreements, training partners, and building processes for scalable growth in the real estate industry.
Summary Generated by Built In

At Compass, our mission is to help everyone find their place in the world. Founded in 2012, we’re revolutionizing the real estate industry with our end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients.

As a Business Development Manager, you will be responsible for expanding our product into new and existing markets, while managing and deepening our customer relationships.  You will develop a growth strategy by leveraging your experience introducing technology to new real estate markets and partners.  We’re looking for someone who is passionate about evangelizing innovative technology to modernize the residential real estate transaction at scale, while also building meaningful customer relationships, and identifying new opportunities for growth.  

Our ideal candidate has past experience hunting new business opportunities, launching new products in the real estate industry, managing existing accounts and building a scalable sales process for team and market expansion.  

Roles & Responsibilities

  • Establish an outreach and sales strategy to add new Compass vendors, expanding support to new markets and deepening relationships in existing ones
  • Leverage career experience, skills, and network to develop the sales process and tools needed to execute new agreements that facilitate growth and evolve the platform
  • Negotiate with real estate associations and MLS partners to close a wide variety of deals primarily for Forms and MLS listing data licensing, but quickly expanding to Forms enrichment and other MLS use cases
  • Maintain existing Forms and listing data licensing agreements to ensure uptime of the licensed data that powers the Compass platform, by tracking changes, maintaining relationships with internal and external partners, updating agreements as needed, and keeping organized records
  • Onboard new vendors to Glide & Compass software, including managing the form intake processes, membership verification setup, and range of other tasks to successfully launch new experiences
  • Foster a function of Account Management for vendors and partners who onboard, to ensure initial deployments are set up to meet or beat goals / KPIs (e.g. Form launches, adoption rates, data feed replacement timelines, etc.)
  • Build strong relationships with association partners who advocate for our services amongst their real estate agent member-base and who want to deepen their relationship with Compass 
  • Organize training / marketing initiatives, and meet quarterly with top partners to update them on current products / adoption rates and to gather feedback
  • Grow our go-to-market team function across all major real estate markets, partnering with product and engineering teams to drive adoption
  • Collaborate with our Product Marketing team to strategize and deploy new product release strategies
  • Build new processes for scalable growth as the first BD / Account Management hire

Qualifications

  • Real estate experience preferred
  • 5-9 years of experience in progressive business development roles
  • Ability to build and maintain account management processes
  • Strong consensus and relationship building skills
  • Legal contract management and vendor management experience
  • Ability to multitask within a fast-paced agile environment
  • Comfort with collaborating cross-functionally with internal product and engineering teams as well as with external stakeholders

Compensation: The base pay range for this position is $$113,400-$138,600 annually; however, base pay offered may vary depending on job-related knowledge, skills, and experience. Bonuses and restricted stock units may be provided as part of the compensation package, in addition to a full range of benefits. Base pay is based on market location. Minimum wage for the position will always be met.



Perks that You Need to Know About:

Participation in our incentive programs (which may include where eligible cash, equity, or commissions). Plus paid vacation, holidays, sick time, parental leave, marriage leave, and recharge leave; medical, tele-health, dental and vision benefits; 401(k) plan; flexible spending accounts (FSAs); commuter program; life and disability insurance; Maven (a support system for new parents); Carrot (fertility benefits); UrbanSitter (caregiver referral network); Employee Assistance Program; and pet insurance.

 

Do your best work, be your authentic self.

At Compass, we believe that everyone deserves to find their place in the world — a place where they feel like they belong, where they can be their authentic selves, where they can thrive.  Our collaborative, energetic culture is grounded in our Compass Entrepreneurship Principles and our commitment to diversity, equity, inclusion, growth and mobility. As an equal opportunity employer, we offer competitive compensation packages, robust benefits and professional growth opportunities aimed at helping to improve our employees' lives and careers.

Notice for California Applicants

Los Angeles County Fair Chance Notice

The Company
HQ: New York, NY
4,000 Employees
On-site Workplace
Year Founded: 2012

What We Do

A real estate company with a purpose; we are building the first modern real estate platform, pairing the industry’s top talent with technology to make the search and sell experience intelligent and seamless.

Why Work With Us

We are a tech company reinventing the space.

To lead the industry requires the smartest tools built by the brightest minds across engineering, design, and strategy. Through our proprietary platform, Compass is changing how agents and clients navigate the process of finding or selling a home. Join our team today!

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