CoStar Group

Regional Director, LoopNet Digital Advertising - Nashville, TN

CoStar Group$120K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in managing sales teams within Commercial Real Estate or Digital Advertising/Marketing.
  • Proven ability to lead sales in a fast-paced, consultative selling environment.
  • Track record of handling a business exceeding $1 million in annual revenue.
  • Bachelor's degree from an accredited university required.
  • Commitment to prior employers and a valid driver's license are essential.

Responsibilities

  • Attract and develop a high-performing sales team to exceed quotas.
  • Provide in-field coaching to the sales team 3-4 days a week.
  • Drive revenue by securing new clients and expanding existing accounts.
  • Monitor team performance against sales targets.
  • Manage team activities and maintain records in CRM systems.
  • Set performance goals aligned with business objectives and address issues promptly.
  • Mentor team members and promote company culture.

Benefits

  • Comprehensive healthcare coverage including medical, vision, dental, and prescriptions.
  • Generous paid time off and flexible work arrangements.
  • 401(K) plan with matching contributions.
  • Employee stock purchase plan available.
  • Access to wellness programs and fitness facilities.
Full Job Description
Regional Director, LoopNet Digital Advertising - Nashville, TN

Job Description

Company Overview

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, 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 to our customers. We've continually refined, transformed and perfected our approach to our business, creating a language that has 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.

LoopNet Overview

LoopNet, the most popular place to find a space, is the #1 global commercial real estate marketplace. With more than 13 million global unique monthly visitors, LoopNet provides brokers, buyers and sellers with what they need to meet and make deals. LoopNet has established itself as the most effective and far-reaching digital marketplace for commercial real estate owners and brokers. We are not done yet! We continue to focus on driving expansion by increasing market share in the US and abroad, continuously innovating and enhancing the product and growing a powerhouse global team to reach our goals.

Learn more about LoopNet.

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 required to be based out of one of CoStar Group's office locations in the Region. Ideal markets include: Nashville, TN or Indianapolis, IN.

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.
  • A completed bachelor's degree from an accredited, not for profit university is essential.
  • 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
  • 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.


Why LoopNet and Costar Group?

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 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
  • 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 Diversity, Equity, & Inclusion Employee Resource Groups


We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. Please note that CoStar Group cannot provide visa sponsorship for this position.

#LI-HB1

#LoopNet

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

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

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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