Tricon Residential
Manager, Dispositions
Tricon Residential, Irving, Texas, United States, 75084
Tricon Residential is an owner and operator of a growing portfolio of more than 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. For more information, visit Tricon Residential.
Job Description
The Manager, Dispositions develops and executes strategies to effectively dispose of a portfolio of single-family homes across the US, including overseeing direct brokers or third party asset management companies. Responsible for the management of a Dispositions team with an assigned disposition pipeline of SFR homes across varying stages (e.g., pre-list, list, close) with a focus to maximize asset value and maintain velocity goals.
Essential Duties and Responsibilities
include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required as deemed necessary by supervisory personnel.
Oversee the effective sale on a pipeline of 125- 200 SFR homes in the US at varying stages AND managing a team of Analysts and AssociatesEstablish market values, evaluate marketing strategies including renovation value add oversight, negotiate contracts and manage via firmwide velocity and execution requirementsCollaborate with internal teams to establish repair scopes and budgets to maximize recovery at the property levelMonitor internal and external construction vendors to ensure compliance with the company's disposition repair scope and quality standardsDirect and manage the relationship with real estate agents and brokersMonitor reports and completion of tasks designed to minimize exceptions and produce strong performance resultsMaintain exceptional customer service, communication and responsiveness to internal stakeholders, brokers and vendorsNegotiate purchase offers to achieve the highest net sales proceeds possibleReview purchase and sale agreements to ensure accuracy and compliance with company policyAccurately maintain transaction details in the organization's technology platform and operating systemsConduct thorough market analysis to assess property values, market trends, and competitive positioningEnsure all asset management activities comply with federal, state, and local regulations, as well as company policiesAnalyze data related to property sales, market trends, and operational efficiency to inform decision-making.Provide regular updates and reports to various stakeholders, including and senior management on asset performance and disposition strategies.Identify and implement best practices and process improvements to enhance the efficiency and effectiveness of asset management.Qualifications:
Leadership Skills: Excellent leadership experience with strategic oversight and team managementEntrepreneurial Spirit: Creative and able to think outside the boxMarket Knowledge: Understanding of housing market dynamics, property valuation, and operationsAnalytical Skills: Strong quantitative and qualitative analytical abilitiesStrategic Thinking: Ability to generate innovative ideas and add valueIndustry Relationships: Existing relationships are helpful; ability to manage transaction pipelinesCommunication: Excellent written and verbal communication skillsWork Ethic: Strong work ethic, motivated by team and company successTravel: Willingness to travel to satellite offices or markets as neededProject Management: Ability to manage multiple projects and initiatives in a fast-paced environmentNegotiation: Strong negotiation skills with high-impact decision-making capabilitiesMinimum Requirements:
Education: BA or BS in business administration, finance, management, real estate, or related field.Experience: 5+ years of relevant real estate experience in acquisitions, dispositions, asset management, or related roles, with a demonstrated understanding of local real estate markets and a strong track record of performance.Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:
Frequently required to sit, talk, and hearFrequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouchOccasionally lift, carry, and move up to 10 poundsVision abilities required by this job include close vision, distance vision, and depth perception
#LI-Hybrid
At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.
Job Description
The Manager, Dispositions develops and executes strategies to effectively dispose of a portfolio of single-family homes across the US, including overseeing direct brokers or third party asset management companies. Responsible for the management of a Dispositions team with an assigned disposition pipeline of SFR homes across varying stages (e.g., pre-list, list, close) with a focus to maximize asset value and maintain velocity goals.
Essential Duties and Responsibilities
include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required as deemed necessary by supervisory personnel.
Oversee the effective sale on a pipeline of 125- 200 SFR homes in the US at varying stages AND managing a team of Analysts and AssociatesEstablish market values, evaluate marketing strategies including renovation value add oversight, negotiate contracts and manage via firmwide velocity and execution requirementsCollaborate with internal teams to establish repair scopes and budgets to maximize recovery at the property levelMonitor internal and external construction vendors to ensure compliance with the company's disposition repair scope and quality standardsDirect and manage the relationship with real estate agents and brokersMonitor reports and completion of tasks designed to minimize exceptions and produce strong performance resultsMaintain exceptional customer service, communication and responsiveness to internal stakeholders, brokers and vendorsNegotiate purchase offers to achieve the highest net sales proceeds possibleReview purchase and sale agreements to ensure accuracy and compliance with company policyAccurately maintain transaction details in the organization's technology platform and operating systemsConduct thorough market analysis to assess property values, market trends, and competitive positioningEnsure all asset management activities comply with federal, state, and local regulations, as well as company policiesAnalyze data related to property sales, market trends, and operational efficiency to inform decision-making.Provide regular updates and reports to various stakeholders, including and senior management on asset performance and disposition strategies.Identify and implement best practices and process improvements to enhance the efficiency and effectiveness of asset management.Qualifications:
Leadership Skills: Excellent leadership experience with strategic oversight and team managementEntrepreneurial Spirit: Creative and able to think outside the boxMarket Knowledge: Understanding of housing market dynamics, property valuation, and operationsAnalytical Skills: Strong quantitative and qualitative analytical abilitiesStrategic Thinking: Ability to generate innovative ideas and add valueIndustry Relationships: Existing relationships are helpful; ability to manage transaction pipelinesCommunication: Excellent written and verbal communication skillsWork Ethic: Strong work ethic, motivated by team and company successTravel: Willingness to travel to satellite offices or markets as neededProject Management: Ability to manage multiple projects and initiatives in a fast-paced environmentNegotiation: Strong negotiation skills with high-impact decision-making capabilitiesMinimum Requirements:
Education: BA or BS in business administration, finance, management, real estate, or related field.Experience: 5+ years of relevant real estate experience in acquisitions, dispositions, asset management, or related roles, with a demonstrated understanding of local real estate markets and a strong track record of performance.Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:
Frequently required to sit, talk, and hearFrequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouchOccasionally lift, carry, and move up to 10 poundsVision abilities required by this job include close vision, distance vision, and depth perception
#LI-Hybrid
At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.