Residential Real Estate Acquisitions Agent
VineBrook Homes Columbia, SC
- Expired: September 20, 2020. Applications are no longer accepted.
Residential Real Estate Acquisition AgentVineBrook Homes is an internally managed Midwest/Heartland-based real estate investment company, focused on acquiring, renovating, leasing and operating single-family homes as rental properties. An early investor and developer of the Single-Family Rental home (SFR) asset class, we commenced operations in late 2007. Our proven, yield-focused investment strategy targets a unique opportunity building a portfolio of "Optimal House" assets in key Midwest markets.
We own or manage over 8,000 Single Family Rental Homes throughout the Midwest. Additionally, VineBrook Homes is currently undergoing the next major expansion of its strategy, expecting to drive toward 10,000-15,000+ Homes.VineBrook Homes has an exciting opportunity for a full-time Real Estate Acquisitions Agent to join our team. In order to sustain our rapid growth, we are in need of candidates who bring innovative thinking and thrive in a fast-paced working environment.
Additionally... qualified candidates will need to be organized, goal-oriented and ambitious. We seek the most talented professionals to help foster a culture of creativity and growth.This opportunity provides an Acquisitions Agent/Buyer's Agent a leading role assisting in all aspects of residential property investment and the acquisitions process, with a focus on sourcing, underwriting, negotiating, and closing of residential real estate.
The selected candidate will have a significant professional network, be immersed in the local market and all aspects of residential real estate investment, specifically in the Single-Family Rental Home (SFRH) sector. Ideal candidates possess an entrepreneurial spirit with in-depth knowledge of the local residential real estate investor market and have significant transactional experience. Additional strengths would be the ability and/or experience underwriting and modeling of individual and portfolios of properties, market intelligence, and analysis and transaction execution.Responsibilities will include, but are not limited to: Sourcing, underwriting and assisting in acquiring a portfolio of single-family rental homes in the individuals' local market via establishing new connections while utilizing an established process.
Leverage existing contacts for off-market sales and portfolios of properties, while also connecting with and managing new relationships with other property owners, investors, flippers, etc. Be the go-to point of contact for local investors, property owners, and agents looking to sell their properties and listings. Estimate property rehab budgets, with the assistance of inspectors and contractors.
Diligently analyze and underwrite properties and portfolios using SalesForce and Excel. Prepare and present documents such as representation contracts, purchase agreements, closing statements, deeds and leases. Work with title companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met prior to closing dates.
Coordinate property closings, overseeing signing of documents and disbursement of funds. Perform in-depth industry and market research Assist with and perform property level financial models and/or underwriting related to acquisition through stabilization. Evaluate unit or portfolio acquisition opportunities.
Evaluate unit or portfolio disposition opportunities. Participate in the deployment of capital via acquisition of SFRH assets identified and adhering to investment guidelines and underwriting standards. Coordination of contract documents and earnest money associated with the offering and closing of property acquisitions.
Perform compliance work on deployment execution. Assist in preparation of materials and presentations to the investment committee, current and/or potential investors or lenders. Assist partners with time-sensitive, ad-hoc projects and other duties as assigned.Minimum qualifications:Education: Completion of bachelor's degree
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