What are the responsibilities and job description for the Portfolio Manager position at DUANE INC?
Department: Property & Asset Management
Reports to: Market Director
FLSA status: Exempt
Supervises others: Yes
Define Role: The Investor Account Manager (Portfolio Manager) role involves evaluating and comprehending various real estate investments, be it single-family, multifamily, or commercial. You should aspire to become the market expert, well-versed in all dynamics influencing changes in values. Articulating this knowledge to investors and ownership is crucial. Possessing financial and business acumen is essential for discussing investments based on return metrics, asset valuation, asset preservation, revenue creation, and risk mitigation—adopting an asset manager mindset.
Who we seek: The selected candidate will take charge of three complementary lines of business—Property Management, Project Management, and Maintenance. Collaborating closely with the managing broker, known as the MSM or Market Sales Manager at Auben, you will play a pivotal role in growing the local AUM (assets under management). You will lead by example, actively participating in the community as its real estate expert. This includes attending and speaking at local events, tirelessly expanding your AUM through extensive networking and outreach. Business development should come naturally, demanding high energy and a hyper-focused commitment to consistently increase AUM.
This role presents a highly lucrative residual income opportunity that could propel you to a new, life-altering financial level. Are you remarkable? If you believe you possess these unique qualities and have a strong desire to make a meaningful impact on people, property, and places, we encourage you to reach out to us.
Who we are: We are investors, developers, owners and operators of Scattered Site Single Family, Multifamily and Build for Rent assets throughout the Midwest and Southeast and in our sights is an intense mission to dramatically change the way we function, communicate, engage, evaluate, execute, course correct and think about our organizational growth, operations and management activities. We operate a vertically integrated real estate investment platform with a group of wholly owned subsidiaries that includes real estate brokerage, property management, property maintenance, construction project management, marketing/advertising efforts that both support our own investment strategies as well as serve the 3rd party marketplace. We possess an insatiable desire for growth, accomplishment and making the impossible happen and you should too.
Working with us, you will be challenged daily to improve yourself, work harder and faster than ever before and to take your skillsets and ability to accomplish to levels never thought possible and take on your position as if it was your own business. Our organization sparks the entrepreneurial spirit to help people live up to their true potential. Are you up to the challenge?
In your DNA will be a fire that burns, and the result is an Insane passion and high energy for creating change, improvement, and the natural incapability of accepting below bar standards, mediocrity, or anything less than the best. We need the right transformational leader in this role and are investing heavily in our mission to grow. If you are up for the challenge, we want to engage with you! If you truly consider yourself special and are prepared to demonstrate how and why - we look forward to hearing from you.
How to respond: To demonstrate your interest in the above opportunity please respond with your resume and a brief cover letter written specifically addressing why you feel you should be considered a successful candidate. Please provide three dates of availability and desired compensation.
Responsibilities include but not limited to:
Cross-Functional Collaboration and Accountability:
- Serve as a recognized market and industry expert, leveraging deep knowledge to drive strategic initiatives and inform decision-making.
- Foster a culture of collaboration by effectively coordinating and aligning efforts across multiple departments, external partners, and internal teams on a daily basis.
- Demonstrate a proactive approach, acting with a sense of urgency and maintaining the highest standards of professionalism and ethical conduct in all interactions and decisions.
- Lead cross-functional teams to achieve business objectives, ensuring seamless communication and integration of efforts.
- Provide strategic guidance and mentorship to team members, promoting a collaborative and high-performance work environment.
- Uphold and champion the company's values of integrity, accountability, and excellence in every aspect of the role.
Monthly Reporting and Financial Analysis:
- Ensure the efficient and accurate flow of communication between property owners/investors and the company, making decisions that align with the best interests of the owners/investors while adhering to company guidelines.
- Leverage industry expertise to evaluate current and future portfolios, providing owners/investors with high-quality professional insights and recommendations.
Business Plan Execution:
- Provide strategic oversight and management of day-to-day operations across your portfolio and those within your office.
- Engage with potential investors, effectively presenting our services to secure and onboard them as clients.
- Facilitate the seamless integration of new business ventures within our maintenance, project management, sales, and property management teams.
- Demonstrate proficiency in understanding and articulating P&L statements.
- Exhibit expertise in financial underwriting for diverse real estate investments.
- Possess in-depth knowledge of single-family investment and management.
- Possess in-depth knowledge of multifamily investment and management.
- Lead deal-making initiatives with a strategic approach.
- Drive business growth through proactive prospecting and cold calling.
- Cultivate and maintain strong relationships with clients and stakeholders.
- Set and conduct client meetings, delivering successful presentations.
- Negotiate and close deals effectively.
- Utilize innovative database research methods to reach target audiences.
- Thrive in a collaborative environment that values integrity and accountability.
Qualifications:
- Associate degree or greater is strongly preferred.
- 5 years of real estate experience in property management
- South Carolina Real Estate Salesperson License
- Active South Carolina Real Estate Salesperson license required.
- Experience with AppFolio preferred.
- Proven track record of time management
- Proven track record with Business Development
Auben’s Core Values:
- TEAM ORIENTED
- SOLUTION ORIENTED
- SENSE OF URGENCY
- DIRECT/COMMUNICATIVE
- ACCOUNTABLE
- UNDERDOG DNA
Compensation: Competitive, based on experience and market standards.
Equal Opportunity Employer:
Auben Realty is committed to fostering a diverse and inclusive workplace. We do not discriminate based on race, color, religion, gender, sexual orientation, national origin, disability, or any other protected status, ensuring fair employment practices across all aspects of our organization.