Revenue Management Associate at Harbor Group Management

Norfolk, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Jan, 26

Salary

0.0

Posted On

26 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Revenue Management, Pricing Software, Market Analysis, Forecasting, Communication Skills, Attention to Detail, Decision Making, Research Skills, Microsoft Excel, Independent Thinking, Multi-tasking, Real Estate, Customer Service, Analytical Skills, Problem Solving, Team Collaboration

Industry

Real Estate

Description

Harbor Group Management Company is a multi-billion dollar real estate investment and property management firm. As we continue to grow, we are looking for passionate, goal oriented, creative individuals with an entrepreneurial spirit and great communication skills. Harbor Group is dedicated to outstanding customer service and providing exquisite living experience for our residents. Job Title: Revenue Associate Location: Onsite – Norfolk, VA or Dallas, TX Corporate Office ESSENTIAL DUTIES AND RESPONSIBILITIES: These include the following but are not limited to the job specifications. Harbor Group Management Company may require additional duties or job functions that can be performed safely. Utilize and optimize revenue management pricing software (LRO) for new lease and renewal pricing. Execute and analyze pricing decisions in accordance with the goals set by Regional Managers, Asset Managers and all Owner representatives. Conduct weekly pricing calls with Property and Regional Managers to establish pricing for apartments and adjust based on market or property conditions. Support on-site teams to ensure they use and sell revenue management/LRO pricing effectively including monitoring compliance. Monitor relationship between pricing practices, market performance and acceptance. Optimize rental revenue through accurate forecasting. Assess occupancy, exposure, expirations, traffic, leasing and seasonal market trends for assigned portfolio(s). Develop renewal strategies based on portfolio goals and market data. Advise on strategy and oversee monthly execution of renewal offers. Utilize market data to enhance performance and drive insight into maximizing asset performance. Monitor competitor pricing to maintain understanding of local markets. Evaluate performance of properties and suggest corrective actions for nonperforming properties. Create and distribute scheduled reporting regarding property & portfolio performance. Manage and prioritize incoming Revenue Management department support tickets. Resolve issues quickly and efficiently, collaborating with department team members to ensure satisfied, timely results. QUALIFICATIONS: To perform this job successfully, an individual must be able to satisfactorily perform each essential duty. The requirements listed below represent the knowledge, skill, and ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. Bachelor’s degree in analytically focused field such as Finance, Economics, Accounting or Business. 2 or more years in an Analyst or Associate Level role. However, seasoned Real Estate professionals, with Pricing experience will be considered. Revenue management experience within multifamily, hotel, airline, or related industry preferred. Demonstrated interest in real estate and/or pricing Expertise and understanding of forecasting and pricing for rents/leasing Basic understanding of accounting principles Extremely proficient with Microsoft Excel including understanding of Pivot Tables Strong research, analysis, attention to detail and decision making-skills Friendly yet authoritative communication style Independent thinker with a willingness to take strong opinions Ability to communicate effectively, written and verbal, at all levels of the organization Proven ability to multi-task and work well under time / other constraints Works well independently, takes initiative and can effectively prioritize with minimal supervision WHAT WE OFFER: Competitive Salaries & Bonuses Medical, Dental & Vision Plans 401(k) Plan with Employer Matching Contributions Paid Personal Time & Holidays Flexible Spending Accounts Free Long-Term Disability Free Life Insurance Short Term Disability Health Savings Account with Employer Contributions Wellness Perks FinFit Health Finance Program Employee Apartment Discount Employee Referral Program Employee Recognition & Awards Employee Assistance Program Volunteer & Community Service Opportunities Tuition Reimbursement #LI-KP1 Veteran Friendly This pre-employment application will be given every consideration, but its receipt does not imply that the applicant will be employed. Each question should be answered in a complete and accurate manner as no action can be taken on this application until all questions have been answered. Harbor Group Management is proudly an Equal Opportunity Employer EOE/M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.

Responsibilities

The Revenue Management Associate will utilize pricing software to optimize lease and renewal pricing while analyzing market conditions. They will conduct pricing calls with managers and support on-site teams to ensure effective use of revenue management practices.