Full Job Description
Position Purpose: Protect and maximize returns on single-family fix-and-flip acquisitions by managing valuation, rehab scope, deal structure, and resale pricing decisions from initial offer acceptance through resale.
Job Responsibilities
• Valuation & Rehab Scope Strategy:
◦ Validate as-is and after-repair values (ARV) and refine rehab scopes to balance property condition, market expectations, and return on investment.
◦ Provide field teams with clear guidance on condition-driven and value-driven repairs, and finalize rehab scopes within company guidelines.
• Deal Economics & Structuring:
◦ Re-underwrite resale expectations, including market value, sales costs, hold time, and holding costs, as rehab costs are finalized.
◦ Develop creative deal amendments that protect returns and minimize risk while keeping transactions viable.
• Disposition & Portfolio Management:
◦ Oversee significant renovation change orders and monitor portfolio performance against underwritten expectations.
◦ Set resale pricing strategy using BPOs, comparable sales, listing activity/feedback and market conditions; approve price adjustments and resale buyers' offer terms to optimize sale outcomes.
• Cross-Functional Collaboration
• Collaborate with external & internal teams including real estate agents, acquisitions, field inspection, construction, transaction coordination, and disposition teams to manage deals through diligence, closing, renovation, and resale.
Job Requirements (including Education)
• Education: Bachelor's degree in Real Estate, Finance, Economics, Business, Construction Management, or a related field (or equivalent combination of education and experience).
• Experience: 5+ years of hands-on experience in single-family residential valuation, underwriting, asset management, or renovation (fix-and-flip, iBuying, or similar).
• Technical Skills: Advanced proficiency in Excel or Google Sheets; proficiency with MLS and property data tools; working knowledge of residential construction, major systems, and repair costs.
• Industry Knowledge: Solid understanding of residential valuation methods, renovation practices, and transaction and closing procedures; experience in major markets (Atlanta, DFW, Tampa, Orlando, Charlotte, etc) and a real estate license are a plus.
• Competencies: Sound judgment under tight deadlines; creative problem-solving and negotiation skills; clear communication; ability to maintain accuracy in a fast-paced, high-volume environment.
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