CoStar Group

Regional Director - LoopNet - Chicago

CoStar Group • $135K — $145K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience managing sales teams in Commercial Real Estate or Digital Advertising/Marketing.
  • Proven track record of driving revenue in a high transactional sales environment.
  • Familiarity with managing a book of business exceeding $1 million annually.
  • Bachelor’s degree from an accredited institution required.
  • Demonstrated commitment to previous employers and strong leadership skills.

Responsibilities

  • Recruit and develop a high-performing sales team that exceeds quotas.
  • Engage in field sales activities to coach and enhance team performance.
  • Achieve consistent revenue growth and surpass annual sales targets.
  • Identify and secure new client relationships while expanding existing accounts.
  • Monitor team sales performance and ensure accountability for activities.
  • Manage weekly team activities and maintain CRM records.
  • Set and address performance goals aligned with overall business objectives.

Benefits

  • Comprehensive healthcare coverage including medical, vision, and dental.
  • Life, legal, and supplementary insurance options available.
  • Access to mental health counseling services for employees and families.
  • 401(K) retirement plan with matching contributions.
  • Generous paid time off and tuition reimbursement programs.
Full Job Description
Regional Director - LoopNet - Chicago


Job Description


Regional Director, LoopNet – City, State Abbreviation (ieRichmond, VA) 

Position Overview 

As a LoopNet Regional Director, you will join a growth-oriented, innovative company and represent the industry’s most advanced digital advertising and marketing solutions. You’ll collaborate with top owners and brokers to craft comprehensive digital strategies that showcase and distinguish their property portfolios online. 

 

In this role, you will manage a team of sales professionals focused on expanding new and existing customer relationships, driving product adoption, preventing account reversals, and delivering exceptional customer service. You will be responsible for increasing revenue by selling new advertising and marketing solutions, growing existing accounts, and maintaining high levels of client satisfaction. 

 

All new Regional Directors receive extensive classroom and field training to ensure they are equipped with the product expertise and industry knowledge needed to build market credibility, represent our brand with pride, and achieve long-term career success. 

 

Responsibilities  

  • Attract, hire, motivate, and develop high-performing sales professionals capable of meeting or exceeding defined sales quotas 

  • Spend 3–4 days per week in the field on sales calls, providing coaching and training to enhance team effectiveness 

  • Drive regional and team revenue growth, consistently meeting or surpassing annual sales targets 

  • Lead efforts to identify, prioritize, and secure new client relationships while retaining and expanding existing accounts; build strong familiarity with all major market players 

  • Monitor sales performance and hold team members accountable for maintaining the required level of activity and client engagement to meet business goals 

  • Actively manage weekly team activities, including attendance at CoStar offices, coaching sessions, and timely use of Enterprise CRM systems to track sales activity, pipeline development, and account assignments 

  • Set individual and team performance goals aligned with broader business objectives; address performance issues promptly and make necessary personnel changes to ensure targets are met 

  • Mentor and develop all team members to support their professional growth 

  • Promote and reinforce CoStar Group’s culture and values across the team 

  • Travel to regional offices is required—up to 50% 

 

Please note, this role is based in the Chicago, IL office.

 

Basic Qualifications 

  • 5+ years of experience directly managing 5-10 sales professionals within Commercial Real Estate, Digital Advertising/Marketing or adjacent transactional sales; including the ability to attract, hire, train and develop a high performing sales team. 

  • Experience leading sales efforts in a highly transactional, consultative sales oriented, fast-paced organization with a short cycle-time sales model. 

  • Experience being responsible for a book of business in excess of $1 million in annual revenue. 

  • Bachelor’s degree from an accredited not-for-profit in person University or College, required 

  • Demonstration of commitment to prior employers.   

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

  • Satisfactory completion of a Driving Record/Driving Abstract check prior to start. 

  • Internal applicants are expected to have 5+ years of sales experience, in addition to 18+ months at a CoStar Sales Executive level or higher while meeting and/or exceeding sales targets. 

 

Preferred Qualifications & Skills 

  • Knowledge and experience in Commercial Real Estate  

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

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

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

  • Demonstrated ability to retain proven sales producers and performance manage non-producers. 

  • Ability to travel 25-30%. 

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

 

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

 

  • The industry leader with an energetic and fast paced dynamic culture    

  • Innovative technology and a reputation for outstanding products    

  • Consistent 20%+ average of YoY growth     

  • Outstanding sales and product training programs    

  • Excellent career growth opportunities    

  • High compensation with uncapped commissions, including an outstanding annual Presidents Club trip     

 

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     

  • Generous paid time off    

About CoStar Group

CoStar Group is a provider of information, analytics and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. Founded in 1987 by Andrew C. Florance, the company has grown to include online database CoStar and many online marketplaces, including Apartments.com, LoopNet, Lands of America, and BizBuySell. CoStar Group was founded in 1987 by Andrew C. Florance in Washington, D.C. In 1998, the company became a public company via an initial public offering on the NASDAQ, raising $22.5 million. In 2004, CoStar Group, Inc. v. LoopNet, Inc. became a landmark case in copyright law. In October 2009, the company acquired a building in Washington, D.C., now its headquarters, from the Mortgage Bankers Association for $41.3 million. The building had sold 2 years earlier for $79 million and the company claims it used its analytics data to know the right time to buy. In April 2012, CoStar Group acquired LoopNet for $860 million. In April 2014, the company acquired Apartments.com for $585 million. In April 2015, the company acquired Apartment Finder for $170 million. In July, the company acquired Belbex an online marketplace and information provider for commercial property based in Spain. In February 2017, the company acquired Westside Rentals. In February 2018, the company acquired ForRent.com from Dominion Enterprises for $350 million in cash and $35 million in stock. In October, the company acquired Realla.co an online marketplace for commercial property based in the United Kingdom. In November, the company acquired Cozy Services for $68 million.
Learn more about CoStar Group
Size
4,742 employees
Market Cap
$31.3 billion
Industry
Net Income
$227.1 million
Founded
1987
5 Year Trend
+18.3%
Revenue
$1.6 billion
NASDAQ

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