What are the responsibilities and job description for the Revenue Management Analyst position at Maymont Homes?
Primary Responsibilities: The Revenue Management Analyst is primarily responsible for analyzing competitor pricing, evaluating new home rent, as well as renewal pricing. The Revenue Management Analyst will create strategies to achieve maximum rent growth by market.
Skills & Competencies:
- Bachelor’s degree or relative experience in mathematics, statistics, finance, economics, or related field
- Minimum of 1 year experience as a Revenue Analyst or similar position
- Experience in Multi-Family or Single Family Rental (SFR) industry, a plus
- Ability to keep abreast of industry trends and develop dynamic pricing strategies
- Competence to present pricing analysis reports
- Intermediate knowledge of Word, Excel and PowerPoint; advanced preferred
- Demonstrated strong written and verbal communication skills
- Detail oriented, with the ability to produce high quality work in a deadline-oriented environment and an ability to multi-task
- Ability to prove critical thinking and problem solving concepts
- Ability to thrive in a high volume, data entry and processing work environment, where applicable
- Experience working in an in-office operation as well as weekends and holidays (based on business need)
Essential Job Functions:
- Access data from a variety of sources to gain insights into pricing strategies and market trends
- Track customer engagement to develop effective pricing strategies for optimized rents
- Collaborate with leasing, marketing, acquisitions, and local markets on developing and implementing competitive pricing strategies
- Provide feedback on current pricing tools to adjust to the changing market needs and trends
- Keep informed on pricing analysis methods and industry trends
- Review long-day on-market homes and provide the best rent strategies to move the home
- Track, monitor, and adjust pricing (with management approval) on homes within a 7-day cycle to prevent long-day on-market homes.
- Ensure we are constantly driving rents across assigned markets to meet the demands of the industry
- Conduct market studies and provide feedback in build-to-rent areas where we have a presence to maximize return on investment
- Analyze new rent growth to establish and execute consistent growth quarter over quarter
- Partner closely with the Revenue Manager, ensuring alignment on all market pricing strategies while maintaining open feedback to support the continual development of new strategies and best practices that will support sustained regional revenue growth
- Offer data for comparable estimated rents before the acquisition’s bid of achievable rents is finalized
- Other duties, as assigned by supervisor or leadership team.
Key Metrics & Responsibilities
- Renewal rent increase adherence
- Study renewal rent trends to know where/how to enhance rents across appropriate markets
- Effectively price renewals 90, 60, 30 days out from lease expiration
Why Work for Maymont Homes?
At Maymont Homes, our mission is simple yet impactful: “We Positively Impact the Lives in the Communities We Serve.” By joining our team, you become part of a company that makes a meaningful difference every day, both through our work and through company-sponsored volunteer initiatives. Here, you’ll have the opportunity to enrich the communities around you—while advancing your career in a supportive and rewarding environment.
What We Offer:
Comprehensive Benefits Package
Our benefits, provided by Brookfield, are designed with your well-being in mind. With an immediate 5% match on our 401(k) plan, substantial wellness credits that help reduce health care costs, and up to 160 hours of paid time off per year for full-time employees, you’ll enjoy a package that supports both your health and financial goals.
Stability and Support
As part of Brookfield Asset Management—one of the world’s leading real estate asset management companies—you’ll benefit from the resources and stability of a large, financially secure parent company. This strong backing allows us to pursue ambitious growth and development initiatives.
Career Advancement Opportunities
With our ongoing expansion into new markets, there’s ample room for growth and advancement within Maymont Homes. We’re committed to investing in our employees’ careers, providing pathways for professional development and promotion.
Resident-Focused Values
At Maymont Homes, our residents are at the heart of everything we do. We believe that exceptional service fosters lasting resident satisfaction, and our commitment to our residents’ needs drives our everyday operations. This resident-first approach reflects our core values and strengthens the communities we serve.
Join Maymont Homes and be part of a team that’s making a positive impact while enjoying a fulfilling and progressive career path.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Vision insurance
Schedule:
- 8 hour shift
Work Location: In person