Sr. Real Estate Analyst

SUMMARY OF RESPONSIBILITIES

The Senior Real Estate Analyst will be responsible for exercising discretion and independent judgment in underwriting both the acquisition of new homes and disposition of existing homes in accordance with FirstKey Homes guidelines.  This role will develop a strong understanding of current real estate and capital market conditions, the general competitive landscape, and underwriting fundamentals for both property acquisitions and dispositions.  Further, the individual must understand construction management workflows, navigate various IT platforms used for analytics and reporting, and establish strong internal and external partnerships to proactively resolve issues.  Lastly, the Senior Real Estate Analyst will provide training to a team of Real Estate Analysts, audit team processes, and generate reporting.

 

ESSENTIAL DUTIES

• Develop a strong understanding of FirstKey Homes culture, goals, and initiatives
• Develop a strong understanding of FirstKey Homes business operations of property acquisitions and dispositions
• Provide guidance, training, and analysis to the acquisitions/dispositions team to maximize output, efficiency, and effectiveness; prioritizing strongest leads, total and quality of offers sent, minimizing re-trades and cancellations, etc
• Work directly with Residential Investment Directors and/or VP Acquisitions on an as needed basis to develop any new reporting and analysis for CCM, Investment Committee, and other senior executives
• Present updates on progress towards goals related to volume, asset performance, and/or other items as needed
• Accurately complete the initial underwriting and valuation for the potential purchase and sale of real property
• Proactively investigate and identify patterns, trends, and potential inefficiencies within FKH underwriting models
• Execute offers (purchase and sale) and provide instruction on negotiations as needed
• This brief summary is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned at any time based upon Company need.

 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

WORKING CONDITIONS

• Primarily working indoors, office environment.
• May sit for several hours at a time.
• Prolonged exposure to computer screens.
• Repetitive use of hands to operate computers, printers, and copiers.

 

REQUIRED EDUCATION AND EXPERIENCE

• Bachelor’s degree in Real Estate, Business, Finance, or equivalent experience and/or education
• Minimum 2-3 years’ experience in a real estate, business analyst, or financial analyst role
• In depth knowledge of property valuation including FMV, ARV, and achievable market rent
• The ability to understand real estate market trends in various geographical locations
• Strong ability to communicate with clients, vendors, and coworkers, both verbally and in writing
• Ability to think strategically and execute plans accordingly
• Proficiency of Microsoft Excel is required
• Intermediate computer skills with the ability to learn a specialized software
• Ability to multi-task and adapt to a fast-paced, changing environment
• Experience analyzing and managing data from large datasets
• Proven ability to interpret and articulate results of data analysis to leaders
• Willingness to travel as needed

 

PREFERRED EDUCATION AND EXPERIENCE

• Real Estate Salesperson License or Managing Broker License
• Valuation advisory, development, appraisal, and/or brokerage work
• Yardi, SQL experience a plus
• Experience working in a fast pace, high-growth company

 

REQUIRED KNOWLEDGE

• Understanding of the SFR lifecycle; from asset identification and underwriting to contract generation and negotiation
• Business Analytics: Knowledge of arithmetic, algebra, calculus, statistics, and their applications to evaluating business operations.
• Administration: Knowledge of business principles involved in strategic planning, resource allocation, and production methods.
• Economics and Accounting: Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data

 

REQUIRED SKILLS