Portfolio Manager - Weichert, Realtors
Woodbridge, VA
About the Job
Allegiance is hiring a Portfolio Manager in Woodbridge, VA. The Portfolio Manager (PM) is responsible for managing a portfolio of fixed fee properties, while ensuring best practices and SOPs are employed relating to all agency GHS programs. The position recommends, prepares, and implements marketing strategies and action plans for Allegiance agency/department real estate portfolios from listing through resale which are designed to maximize resale gains and avoid/minimize resale losses. The position is also responsible for the timely and cost effective disposition of fixed fee properties, which have a significant impact on the Company’s financial results.
Job responsibilities include, but are not limited to, the following:
- Manages a portfolio of fixed fee properties, while adhering to internal policies and SOPs throughout the lifecycle of the property.
- Develops and implements marketing strategies and action plans for the disposition of fixed fee properties (e.g., target buyer profile, list prices, marketing incentives, marketing strategies, etc.). Collaborates with designated brokers to implement action plans for cost-effective home disposition.
- Reviews and evaluates Appraisals and Broker Market Analysis (BMA) documents. Identifies areas of concern that may affect the value/pricing of the property and makes adjustments to the pricing of the property as needed.
- Negotiates sales prices and buyer concessions that best reflect the current market. Enters into agreements to sell fixed fee properties, without management approval within predetermined guidelines.
- Manages and implements the “Critical Property Criteria” for the relevant properties that meet this classification. Prepares comprehensive marketing strategies for use by the Relocation Counselor related to “Critical Properties.”
- Manages and monitors YTD Portfolio Scorecard metrics for assigned agency portfolios to ensure achievement of targeted results.
- Pro-actively engages Director, RES to implement solutions and problem-solve issues related to critical/challenging properties.
- Prepares reports and collateral documents for weekly and monthly portfolio reviews with VP Government Services and Director RES.
- Ensures transferee is complying with applicable policy requirements and provides guidance/direction if they are not.
- Creates comprehensive marketing plans for properties in the marketing status to assist the transferee in securing an outside buyer.
- Conducts critical property reviews and inspections as needed.
- Performs other duties as required.
Requirements
The ideal candidate will meet the following requirements:
- High school diploma or GED
- Associate’s or Bachelor’s degree preferred
- Real estate sales license required
- Certified Relocation Professional designation preferred
- Valid driver’s license
- Five (5) or more years experience marketing and selling relocation related real estate for cost-plus and fixed fee programs
- Excellent real estate sales and marketing acumen
- Strong portfolio management and organization skills
- Proficient in both written and verbal communication skills and presentation skills
- Excellent organization skills
- Proficiency in Microsoft Office suite of products
- Ability to work independently with minimal supervision and function effectively as part of a dynamic team
- Ability to multitask in a fast-paced environment
- Basic math skills including addition, subtraction, multiplication, division, percentages, and fractions
- Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.)