Auction Advisor II

Auction Advisor IIJob DescriptionCoStar Group (NASDAQ: CSGP) is the world’s leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. As a technology company, we are the trusted partner for real estate professionals empowering many of the most well-respected brokerage firms, development companies, banks, lenders, investors, and government agencies. Ten-X is a member of the CoStar family and powers 90% of all online commercial real estate transactions.Job DescriptionAs an Auction Advisor II, you will be responsible for ensuring all properties offered on the marketplace are prepared for sale, and that all parties, including brokers, sellers, and buyers, understand how to fairly participate in our auctions. The Auction Advisor II is responsible for overseeing and managing numerous aspects of the CRE transactional activities necessary to provide a smooth and professional experience. This role is focused on process and operational items in addition to customer experience.Responsibilities:Manage the day-to-day transactional and customer support functions related to pre-event and Auction event activities for all assigned Brokers and Buyers.Maintain assigned assets website from marketing launch date through end of the Ten-X Auction.Ensure Purchase and Sale Agreements and Title commitments are prepared and finalized in preparation of the online auction.Understand the value drivers of the asset being sold including market strength/weaknesses, stability/variability of cash flows, and reduce investor risk by gathering and providing necessary information.Successfully obtain market feedback and price guidance throughout the Asset Marketing period.Manage and organize any missing diligence materials and ensure information has been posted to the Ten-X Data Room.Serve as a dedicated resource for Buyers and guide them through the Ten-X process in a professional manner.Engage with all interested investors and help to build a robust investor profile.Register prospective buyers to bid by reviewing and approving proof of funds, lending commitments, and organizational documents.Manage and process defaulted bidders and facilitate the defaulted bidder reinstatement process.Manage and maintain Institutional Buyer Program.Effectively communicate and promote the benefits of the Ten-X platform to Brokers and Buyers.Order, review, and interpret third-party reports as necessary for various stakeholders.Work productively and collaboratively with other business units to ensure successful marketing, sale, and closing of assigned assets.Develop and strengthen relationships with assigned buy-side accounts.Perform detailed analyses to uncover opportunities to grow each assigned buy-side account.Qualifications:Minimum of 5 years related experience with a bachelor’s degree, or 3 years related experience with a master’s degree.Related experience in commercial brokerage, Asset Management, or commercial real estate transaction management.Minimum of 4 years of demonstrated analytical and organizational skills.Real estate broker or salesperson license, a plus!Intermediate/advanced Microsoft Excel skills.Experience in communicating effectively with internal and external parties.Self-motivated, organized individual with the ability to multi-task.Why CoStar?When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. We offer generous compensation and performance-based incentives.CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing.

#J-18808-Ljbffr