CoStar Group

Regional Director, Sales - CoStar Data & Analytics - Denver, CO

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

Qualifications

  • 5+ years managing a sales team of 6+ professionals
  • Proven success overseeing a recurring revenue book of $10 million+
  • Minimum 5 years sales experience; 2+ years in a quota-carrying role at CoStar Group
  • Bachelor's degree from an accredited institution
  • Valid driver's license required

Responsibilities

  • Grow regional sales revenues and exceed targets
  • Attract, hire, and develop high-performing sales staff
  • Conduct field sales calls with team members for training and coaching
  • Identify and prioritize new client relationships and grow existing accounts
  • Monitor and ensure accountability for sales performance
  • Manage team activities and utilize CRM for tracking sales progress
  • Set and track individual and team performance goals

Benefits

  • Comprehensive healthcare coverage including medical, vision, and dental
  • Life and supplementary insurance options
  • Mental health counseling services available
  • Commuter and parking benefits
  • 401(K) retirement plan with matching contributions
  • Employee stock purchase plan offered
  • Paid time off and tuition reimbursement programs
  • On-site fitness center or fitness reimbursements
  • Diversity, Equity, & Inclusion Employee Resource Groups access
  • Complimentary snacks and beverages
Full Job Description
Regional Director, Sales - CoStar Data & Analytics - Denver, CO


Job Description


Role Overview

As a CoStar Regional Director (RD), you will have overall responsibility for ensuring the development and successful delivery of CoStar’s growth objectives for the business in your assigned region. You will be responsible for growing and developing the region’s revenues by selling new subscriptions to new customers, growing existing customer revenues by up/crossing selling additional/other CoStar services and ensuring high levels of customer service and high renewal rates.

You will manage a team of sales professionals who are focused on growing new and existing customer business, driving product usage/adoption, preventing reversals, managing accounts and providing outstanding customer service.  

 

Responsibilities 

  • Grow regional/team revenues, meet and exceed annual sales growth targets. 

  • Attract, hire, develop, motivate and develop high impact salespeople capable of meeting/exceeding sales quota. 

  • Spend 3-4 days per week in the field on sales calls with their salespeople and provide coaching and training as necessary to enhance their sales effectiveness by meeting and exceeding sales quotas. 

  • Manage the identification, prioritization and winning of new client relationships as well as the retention and growth of our current clients. Get to know all the major accounts in the market. 

  • Monitor sales performance and hold salespeople accountable to the required level of sales activity and client relationships to ensure the achievement of business performance targets and standards. 

  • Active management of team members’ weekly activities is essential as is prompt and accurate use of our Enterprise CRM system which captures sales activities, sales pipelines and account assignments. 

  • Establish individual and team performance targets that align with overall business goals. Monitor performance and act as necessary, to ensure timely resolution of performance issues and personnel changes required to ensure targets are achieved. 

  • Develop and mentor all team members. 

  • Ensure CoStar culture and values are adopted by team members. 

 

Basic Qualifications  

 

External Candidates  

  • 5+ years of experience directly managing 6+ sales professionals, including the ability to attract, hire, train and develop a high performing sales team.  

  • Experience being responsible for a recurring revenue book of business more than $10 million in annual revenue. 

  

Internal Candidates  

  • Minimum 5 years of overall sales experience, including 24+ months in a quota-carrying role at CoStar Group, with a strong track record of meeting or exceeding sales targets.  

  

All Candidates  

  • Bachelor's degree required from an accredited, not-for-profit, in-person college/university.

  • A track record 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. 

  • Experience leading sales efforts in a fast-paced, consultative sales model. 

  • Experience delivering expected sales results. 

 

Preferred Qualifications & Skills  

  • Client-facing experience in the Commercial Real Estate industry strongly preferred. 

  • 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 remove non-producers. 

 

Ideal Traits of Our Sales Leaders  

  • Ambitious: Thrive in a competitive, fast-paced environment and are motivated by leading the team numbers to success. Success to you is exceeding your team targets.   

  • Adaptable: Quick to learn and apply new concepts in a constantly evolving suite of products across your team.  

  • Engaging: Excellent communicator and motivating leader with a client-focused approach, tailoring information to the relevant audience.  

  • Curious: Ask insightful questions, demonstrate strong listening skills, and are eager to learn from your leadership peers, your direct reports and customers.  

  • Team-Centric: Provide valuable insights and take ownership of your teams success, managing each individual to a successful performance. 

What’s In It For You? 

If you are a driven professional looking for a high-growth, high-reward career, CoStar Group offers the ideal opportunity.  Be part of a best-in-class company with strong year-over-year growth that invests in your success. Enjoy a rewarding atmosphere where you can learn, excel, and grow. 

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.  

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) 

  • Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups 

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

Sponsorship 

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.

Pay Transparency  

This position offers a base salary range of $120,000-150,000 based on relevant skills and experience, an uncapped & extremely generous commission plan<

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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