CoStar Group

Sales Executive - CoStar Real Estate Manager - Chicago, IL

CoStar Group$80K — $110K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree from an accredited, nonprofit institution.
  • 4+ years of B2B outside sales and account management experience, preferably in enterprise SaaS or financial technology.
  • Proven track record of exceeding sales quotas.
  • Strong relationship-building skills and networking capabilities.
  • Excellent multitasking, organizational, and communication skills.
  • Familiarity with sales enablement tools, such as Salesforce.
  • Valid driver's license required.

Responsibilities

  • Identify and secure new sales opportunities by showcasing SaaS and data services.
  • Develop and nurture long-term client relationships, focusing on outstanding service.
  • Engage with clients and prospects through regional travel to foster partnerships.
  • Collaborate strategically with internal teams to align on client goals and ensure satisfaction.
  • Become an expert in the CoStar Real Estate Manager platform to serve as a trusted advisor.
  • Manage the entire sales cycle, from prospecting to closing and renewals.
  • Represent the company at industry events to enhance market presence.

Benefits

  • Comprehensive healthcare coverage including medical, vision, and dental.
  • Life, legal, and supplemental insurance options.
  • Access to mental health counseling services.
  • 401(K) retirement plan with company matching contributions.
  • Tuition reimbursement for professional growth.
  • Paid time off and flexible work arrangements.
  • On-site fitness center or reimbursement for gym memberships.
Full Job Description
Sales Executive - CoStar Real Estate Manager - Chicago, IL

Job Description

CoStar Real Estate Manager

CoStar Real Estate Manager is the leading platform for lease accounting, lease administration and the management of portfolios, transactions, projects and construction. Companies that occupy commercial real estate use CoStar Real Estate Manager to make smarter decisions and to enable their teams to work together more effectively. Learn more about CoStar Real Estate Manager.

Job Description

CoStar Real Estate Manager is the most proven platform for every phase of the real estate and lease lifecycle for Corporate and Retail Tenants. We help make complex real estate decisions easier, automate lease accounting compliance and help you execute with confidence and compliance. It's also backed by unrivaled support and guaranteed implementation.

As a CoStar Real Estate Manager Sales Executive you will prospect and engage potential clients - corporate and retail tenant real estate executives, corporate controllers, and financial reporting executives from large enterprises in your territory - educating them on the software services and professional services available to them through the CoStar Real Estate Manager platform. From our Chicago office, you will be responsible for prospecting and originating business in our Midwest Region. You will work with a variety of internal and external teammates to penetrate large enterprise accounts and manage and grow relationships with existing customers.

At CoStar Real Estate Manager, you will receive a world class onboarding experience that includes a robust training program designed to ensure new teammates have a deep understanding of the CoStar Real Estate Manager platform, the Commercial Real Estate industry, and the broader CoStar business and how our products and platforms provide value to our clients.

Responsibilities

  • New Business Development: Identify and close new sales opportunities by demonstrating the value of our SaaS, data, and information services tailored specifically for commercial real estate lenders and financial institutions.


  • Client Relationship Management: Build and maintain strong, long-term relationships with clients, ensuring exceptional service and identifying opportunities for expansion. Gain a thorough understanding of your clients and their needs while building strong lasting relationships with key decision makers.


  • Territory Engagement: Travel within your assigned region to meet with clients and prospects face-to-face, fostering trust, delivering product value, and strengthening partnerships.


  • Strategic Collaboration: Work closely with internal stakeholders and local field sales teams to align on client goals, ensuring seamless execution and maximizing client satisfaction.


  • Market Expertise: Become an expert in the CoStar Real Estate Manager end-to-end transaction platform and marketing solutions to position yourself as a trusted advisor.


  • Sales Execution: Own the full sales cycle-from prospecting, pitching, marketing and closing and renewals-driving growth and exceeding revenue targets.


  • Industry Engagement: Represent CoStar Real Estate Manager by hosting and attending industry events and networking with commercial real estate professionals in your market.


Basic Qualifications

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


  • 4+ years of successful outside sales and account management experience in a business to business environment selling enterprise SaaS Solutions, financial technology, business intelligence and/or data and analytics to large enterprises.


  • Proven ability to meet and exceed sales quotas.


  • Passion for building relationships and leveraging your network to find and approach decision makers.


  • Strong multitasking and organizational skills.


  • Excellent communication and presentation skills, with the ability to simplify technical concepts.


  • Familiarity with tools such as Salesforce or similar sales enablement platforms.


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


  • A track record of commitment to prior employers.


Preferred Qualifications

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


  • Real estate software solutions experience areas such as lease management, IWMS, lease accounting, project management software, etc.


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


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


  • Knowledge of, and experience in, finance and accounting applications and ERPs.


  • Knowledge of basic accounting concepts and familiarity with accounting and ERP systems.


  • Knowledge of the commercial real estate market and industry is a plus.


  • An understanding of, and experience in selling, CoStar products and services.


  • Proven experience with CRM application like salesforce and effective use and process enforcement.


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 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 Employee Resource Groups


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


Salary: This position offers a base salary range of $80,000-$110,000 based on relevant skills and experience, in addition to commission opportunities as well as a generous benefits plan.

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.

#LI-AN1

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

Similar Jobs

More Jobs at CoStar Group

More Real Estate & Construction Jobs

Find similar Sales Executive - CoStar Real Estate Manager - Chicago, IL jobs: