CoStar Group

Regional Vice President-Homes.com-Arlington, VA

CoStar Group$140K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree from an accredited institution required.
  • Minimum 7+ years of people management experience in field sales.
  • Must have 5+ years managing 8-10 sales professionals directly.
  • Internal candidates should have 5+ years of sales experience at CoStar with 18 months in a Sales Executive role or higher.
  • Demonstrated ability to develop high-performing sales teams.

Responsibilities

  • Grow team activities and revenues to exceed annual sales targets.
  • Attract, hire, and develop top-performing sales professionals.
  • Set and align individual and team performance targets with business goals.
  • Provide coaching to improve sales effectiveness.
  • Identify and prioritize new customer relationships while retaining current clients.
  • Monitor team sales performance and ensure accountability for achieving targets.
  • Promote adherence to CoStar's culture and core values within the team.

Benefits

  • Comprehensive healthcare coverage including medical, vision, dental, and prescription drug.
  • Life, legal, and supplementary insurance options available.
  • Mental health counseling services offered virtually and in person.
  • 401(K) retirement plan with matching contributions.
  • Employee stock purchase plan.
  • Paid time off and tuition reimbursement programs available.
  • On-site fitness center access and wellness programs.
  • Support for diversity, equity, and inclusion initiatives.
Full Job Description
Regional Vice President-Homes.com-Arlington, VA

Job Description

Role Description:

As a Regional Vice President for Homes.com, you will a lead a dynamic field sales team that operates as a strategic digital marketing partner to the residential real estate industry. You will manage a national team of Field Sales Representatives and Regional Field Directors. The Field Sales Representatives will be responsible for developing real estate broker relationships, selling the homes.com value proposition to residential sales agents, and driving revenue by generating sales. In your role, you will be accountable for coaching and developing your team members and ensuring they are achieving their sales targets and activity goals.

Responsibilities:
  • Grow team activities and revenues, meet, and exceed annual sales growth targets
  • Attract, hire, develop, and motivate high impact sales professionals capable of meeting/exceeding performance metrics
  • Establish individual and team performance targets that align with overall business goals
  • Provide coaching and training as necessary to enhance sales effectiveness
  • Manage the identification, prioritization and winning of new customer relationships as well as the retention and growth of our current customers
  • Monitor sales performance and hold sales team accountable to the required level of sales activity and customer relationships to ensure the achievement of business performance targets and standards
  • Ensure CoStar culture and Core Values are adopted by team members


Basic Qualifications
  • Bachelor's degree required from an accredited, in-person college or university
  • Minimum of 7+ years of people management experience directly leading and managing field based sales professionals
  • External applicants are expected to have the following experience: 5 or more years of experience directly managing 8 to 10 sales professionals, including the ability to attract, hire, train, and develop a high performing sales team
  • Internal applicants are expected to have the following experience: 5 or more years of sales experience plus 18 months tenure at CoStar Group within a Sales Executive role or higher while meeting and/or exceeding sales targets
  • Candidates must possess a current and valid driver's license.
  • Satisfactory completion of a Driving Record/Driving Abstract check prior to start. Driving history must reflect responsible driving behavior and compliance with traffic laws


Preferred Qualifications and Skills
  • Demonstrated ability to build long-term and sustainable relationships and business partnerships with customers at all levels
  • Knowledge of the real estate industry
  • Experience managing leaders of a field sales team selling SaaS product(s)
  • Demonstrated track record of rapidly growing a sales territory or market through organic growth via a combination of new customer acquisition and existing account growth and consistently exceeding sales performance targets over multiple years
  • Effective internal (leadership, peers, teams, company-wide) and external (sales channels, customers, etc.) relationship building skills
  • Demonstrated ability to retain proven sales producers and manager non-producers
  • Ability to travel when necessary
  • Ability to be flexible and adapt to changing situations at a high growth company


What's In It for You?

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, 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), with yoga studio, Pelotons, personal training, group exercise classes
  • Access to CoStar Group's Employee Resource Groups
  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks


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.

The final salary or hourly rate offered for this rolewill fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

Base Compensation: $140,000.00-$150,000.00 Annually

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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