Regional Vice President-Homes.com-Arlington, VA

Reposted 10 Days Ago
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Arlington, VA, USA
In-Office
140K-150K Annually
Senior level
Information Technology • Real Estate • Analytics
The Role
The Regional Vice President leads a field sales team, focusing on digital marketing in real estate, managing performance, and driving revenue growth.
Summary Generated by Built In
Regional Vice President-Homes.com-Arlington, VA


Job Description


CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces.  Included in the S&P 500 Index, 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 for our customers. We’ve continually refined, transformed, and perfected our approach to our business, creating platforms that have 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.

Homes.com :

Homes.com is the fastest-growing real estate portal in the industry, and we are driven to be #1. CoStar Group has 20+ years' experience in leading and growing digital marketplaces, and we pride ourselves on continually improving, innovating, and setting the standard for property search and marketing experiences. Just ask Brad Bellflower, Chief Change Officer at Apartments.com. After its acquisition in 2014, Apartments.com quickly turned into the most popular place to find a place. We have achieved success at the highest level – and we’re doing it again with the new Homes.com. With Homes.com we’re building a brand on the cusp of defining the industry. We’re looking for big thinkers, high achievers, and brave leaders ready to influence a new age of homebuying within a tried-and-true, award-winning company.  Learn more about Homes.com. 

Role Description:

As a Regional Vice President for Homes.com, you will a lead a dynamic field sales team that operates as a strategic digital marketing partner to the residential real estate industry. You will manage a national team of Field Sales Representatives and Regional Field Directors. The Field Sales Representatives will be responsible for developing real estate broker relationships, selling the homes.com value proposition to residential sales agents, and driving revenue by generating sales. In your role, you will be accountable for coaching and developing your team members and ensuring they are achieving their sales targets and activity goals.

Responsibilities:

  • Grow team activities and revenues, meet, and exceed annual sales growth targets

  • Attract, hire, develop, and motivate high impact sales professionals capable of meeting/exceeding performance metrics

  • Establish individual and team performance targets that align with overall business goals

  • Provide coaching and training as necessary to enhance sales effectiveness

  • Manage the identification, prioritization and winning of new customer relationships as well as the retention and growth of our current customers

  • Monitor sales performance and hold sales team accountable to the required level of sales activity and customer relationships to ensure the achievement of business performance targets and standards

  • Ensure CoStar culture and Core Values are adopted by team members

Basic Qualifications

  • Bachelor’s degree required from an accredited, in-person college or university

  • Minimum of 7+ years of people management experience directly leading and managing field based sales professionals

  • External applicants are expected to have the following experience: 5 or more years of experience directly managing 8 to 10 sales professionals, including the ability to attract, hire, train, and develop a high performing sales team

  • Internal applicants are expected to have the following experience: 5 or more years of sales experience plus 18 months tenure at CoStar Group within a Sales Executive role or higher while meeting and/or exceeding sales targets

  • Candidates must possess a current and valid driver’s license. 

  • Satisfactory completion of a Driving Record/Driving Abstract check prior to start. Driving history must reflect responsible driving behavior and compliance with traffic laws

Preferred Qualifications and Skills

  • Demonstrated ability to build long-term and sustainable relationships and business partnerships with customers at all levels

  • Knowledge of the real estate industry

  • Experience managing leaders of a field sales team selling SaaS product(s)

  • Demonstrated track record of rapidly growing a sales territory or market through organic growth via a combination of new customer acquisition and existing account growth and consistently exceeding sales performance targets over multiple years

  • Effective internal (leadership, peers, teams, company-wide) and external (sales channels, customers, etc.) relationship building skills

  • Demonstrated ability to retain proven sales producers and manager non-producers

  • Ability to travel when necessary

  • Ability to be flexible and adapt to changing situations at a high growth company

What’s In It for You?

When you join CoStar Group, you’ll 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.

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 Employee Resource Groups 

  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks 

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.

The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

 

Base Compensation: $140,000.00-$150,000.00 Annually

 


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

Skills Required

  • Bachelor's degree
  • 7+ years of people management experience
  • 5+ years managing 8 to 10 sales professionals
  • 5+ years of sales experience (for internal applicants)

CoStar Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CoStar Group and has not been reviewed or approved by CoStar Group.

  • Healthcare Strength Healthcare coverage is described as extensive, spanning medical, dental, vision, and prescription plans, with additional life and supplementary insurance options. Mental health counseling and wellness incentives are also part of the package, reinforcing the sense of strong health support.
  • Wellbeing & Lifestyle Benefits Lifestyle perks include commuter and gym reimbursements and daily lunch, alongside office snacks/drinks and company social events. Fitness stipends and wellness programs add to the perceived day-to-day value of the rewards package.
  • Equity Value & Accessibility Opportunities to become a shareholder via stock-related programs are highlighted as a meaningful element of total rewards. Equity and employee stock purchase options are positioned as an additional path to value beyond base pay.

CoStar Group Insights

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The Company
HQ: Arlington, VA
6,500 Employees
Year Founded: 1987

What We Do

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

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