What are the responsibilities and job description for the Junior Contract Administrator position at Terra?
Terra, the award winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.
We are hiring for a Junior Contract Administrator to join our Sales Team!
General Responsibilities:
- Contract Preparation and Review: Draft and review purchase agreements, listing agreements, and other real estate contracts, ensuring accuracy and compliance with legal standards.
- Contract Administration: Track contract status throughout the transaction process, managing deadlines, contingencies, and all required documentation.
- Communication and Coordination: Serve as a liaison between agents, clients, legal counsel, and internal teams to resolve contract-related inquiries and ensure seamless transactions.
- Maintain Various Reports: Prepare and update regular reports tracking contract milestones, transaction statuses, and relevant documentation for internal review.
- Reporting and Analytics: Prepare detailed daily, weekly, and monthly reports for developers, sales team meetings, and marketing updates, covering all phases of the sales process.
- Pre and Post-Closing Administration: Prepare and submit commission slips and invoices accurately to ensure proper documentation and payment processing.
Requirements:
- Education: Bachelor’s degree in Business Administration or a related field.
- Experience: Professional knowledge of real estate contracts, legal terminology, and local market practices.
- Communication and Relationship Management: Strong liaison skills to effectively communicate and coordinate with diverse teams, including developers, sales directors, and external partners.
- Attention to Detail: Proven meticulousness in preparing contracts, addendums, maintaining databases, and managing financial documentation.
- Analytical and Reporting Proficiency: Advanced ability to generate comprehensive reports that inform strategy and decision-making for developers and sales teams.
- Time Management: Exceptional organizational skills to handle multiple priorities, including team schedules, communications, and ongoing sales activities.
As a team member at Terra, you’ll enjoy:
- Career advancement and bonus opportunities
- Comprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account).
- Employer-paid life and disability insurance.
- Employer matching 401k.
- Employee team building events.
- Company paid monthly lunches.
- Paid Time Off and paid Holidays.
