Regional Vice President - LoopNet - West
Job Description
Position Overview As a
Regional Vice President (RVP) of LoopNet's Digital Advertising team, you will have overall responsibility for ensuring the development and successful delivery of the team's growth objectives for the business and your sales team. Your team will be responsible for growing and retaining revenue by selling and servicing new and existing clients.
To be successful, you will inspire and create excitement with your team, customers, sales prospects, the CoStar organization, and the real estate community. You will be a tireless, high-energy entrepreneur, with a brand of confidence which allows for delegation and empowerment of your team. You must possess excellent interpersonal skills, a high level of integrity and be able to inspire trust and confidence. Finally, you must have a level of business maturity, flexibility and focus to energize and instill a winning, "can-do" attitude within your organization.
Please note this role is on-site in one of our West CoStar Group offices, with Irvine, CA; Los Angeles, CA; or Phoenix, AZ as preferred locations.
Key Responsibilities- Drive sales growth annually for your region
- Attract, develop and retain a strong team of Regional Directors and Sales Executives who have the ability to perform at or above CoStar's stated goals
- Work directly with a team of Regional Directors to develop them into high-performing sales leaders and provide support and guidance to help them develop their teams and increase penetration in major markets
- Ensure that Regional Directors are hiring top-tier candidates, training and developing their "A players"
- Identify and ensure training needs are met for your sales force, addressing employee skill gaps and performance issues as appropriate.
- Develop and implement sales plans to achieve corporate goals and enforce performance goals accordingly.
- Create and develop relationships with key customers to enhance retention and increase additional sales to those accounts
- Constantly seek, share and implement best practices in the sales function. Lead efforts to implement process controls and drive a mind-set of continuous improvement throughout your region sales organization.
- Establish and maintain collaborative relationships with key stakeholders including business and functional partners and the senior management team
- Serve as an integral member of the senior sales leadership team assisting the executive team in the achievement of company goals
Basic Qualifications- 5+ years of experience managing outside sales teams in a B2B environment selling commercial real estate, property technology, financial services, business intelligence, marketing, advertising, information providers, or related experience
- 10+ years of experience in highly transactional, fast-paced organization with a short cycle-time sales model
- Demonstrated experience leading teams responsible for both new customer acquisition and existing account management, growth, and expansion, with a proven ability to drive results across the full revenue lifecycle.
- Bachelor's degree from an accredited not-for-profit in person University or College, required
- 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.
- Ability to travel 50%+ within the sales region.
- A track record of commitment to prior employers
Internal Candidates
- 10+ years of experience in highly transactional, fast-paced organization with a short cycle-time sales model
- 18+ months in a sales people management role at CoStar Group, with a strong track record of meeting or exceeding sales targets.
- Experience selling to, or leading sales teams serving, commercial real estate clients, with a demonstrated ability to drive revenue growth and customer success.
Preferred Qualifications and Skills- 5+ years of managing managers in a direct sales organization of at least 50 employees.
- 2+ years of Commercial Real Estate (CRE) related experience
- Master's degree in Business, Economics or Finance would be preferred
- Demonstrated ability to retain proven sales producers and remove non-producers
- Proven ability to work across all areas of an organization to influence stakeholders and constituents, and lead the team to success
- Demonstrated track record of developing sales leaders
- Effective relationship builder internally (peers, teams, company-wide) and externally (sales channels, customers, etc.)
- Ability to be flexible and adapt to changing situations at a high growth company
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 Employee Resource Groups
The final salary or hourly rate offered for this role will 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: $180,000 - $200,000 (Annually)
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.
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