Property acquisition manager

Real Estate Acquisition Manager:
Seasoned Real Estate Investment firm is seeking expert and proficient Real Estate Acquisition Manager with real life (“Flipping”) experience.

“KEY” EXPERIENCE REQUIRED – Organized, high performance, highly energetic, and strong property evaluation experience and must love the “art of the deal”.

We utilize property cutting edge technology to identify potential investments achieving a high number of acquisitions in this combative market. Our real estate investment company is comprised of highly qualified real estate professionals. The current focus of the company is to facilitate acquisitions for ourselves, non-profit organizations, cash buyers, rehabbers and hedge funds looking to buy, fix and sell or rent properties.

Dear Applicant,
It is crucial to the success of our company to ultimately secure profitable investment properties. Acquisition Manager must be able to successfully negotiate, contract and close escrows on investment properties in this competitive market. Our proven property evaluations systems will find qualified assets and provide you with an accurate ARV. Our distinct advantage is that our system identifies qualified assets within 1-5 minutes from the time the property is advertised, or listed on the MLS, giving us in most cases the first shot at acquiring the property.

It is up to the Acquisition Manager to sell the seller and or listing agent on why we are the right buyer and then place the property under contract. You have to be able to rise above the rest and create business relationships with these sellers and listing agents. Your ability to turn a “NO” into a closed transaction is vital and will lead to the success and longevity of your position. Understanding this is not an 8-5 job. Follow up and follow through is imperative to your success and ours.

Our acquisition goals are a minimum of 8 assets of 15% ROI or better per month.

The most common types of assets that are currently available in our market are distressed properties. History shows we can have a good close rate on these types of assets. Since the majority of assets are foreclosures, we need to place at least 3 properties in escrow per week in order to achieve our 8 unit minim per month. We will provide two direct support staff employees which will assist you in the acquisition process allowing 80% of your time spent “chasing the deal”. Your support staff will consist of a trained Transaction Coordinator and an experienced Real Estate Analyst to assist with evaluations and desktop due diligence.

The Acquisition Manager must have asset acquisition sales experience, be extremely skillful and effective at negotiations, organized, energetic, and loyal and finally love the “art of the deal”. If you own these qualities, we want you on our team.

If sales are not your passion then this is not the right position. Please let us know and we will set up a call and follow up with a face to face.
Minimum Requirements
Must be extremely skillful and effective at negotiations with Standard, Short Sales, Probate and Trust Sales.
Must have real estate acquisition and disposition (“Flipping”) experience.
Strong real estate evaluation experience – Southern California area
Ability to accurately estimate cost of repairs.
Time management and organization is critical to manage and build relationships.
Job Description
The Acquisition Manager is responsible for the management of acquisition of potential investments including confirming data regarding its conditions, estimated repairs, additions and all other “Critical Data” to determine After Repair Value (ARV) and offer price points. The Acquisition Manager is also responsible to build relationships with Listing Agents and other inventory sources and maintain a detailed data base of agents.

Job Duties
Determine After Repair Value (ARV) and using IDX system and “Critical Data”, determine if the property is worth pursuing.
Initiate contact with the seller (and or listing agent if applicable) to discuss proposed offer terms, gather as much data as possible regarding property and “sell” our company.
Accurately Estimate repair/rehab costs.
Discuss offer and get a feel to determine likeliness of acceptance
Send complete offer terms to the closing agent along with proper documentation.
Confirmation of receipt and follow up process including call, text, and e-mail follow up for response
Communicate counter offer terms with Project Manager
Follow up on offers not accepted like Pending and Back-Ups with the “Watched Property” IDX feature.