What are the responsibilities and job description for the Portfolio Manager position at MARKETPLACE MANAGEMENT LLC?
About Us
Marketplace Homes is a vertically integrated single-family investment platform that partners with investors to acquire, renovate, operate, and sell real estate nationwide. With thousands of properties under management, Marketplace works with investors planning to own 25-500 homes by providing access to institutional quality deals and tools so anyone can reap the benefits of a professionally managed real estate investment portfolio.
Overview
As a Portfolio Manager, you will be responsible for overseeing our client's SFR investment portfolio, helping to make strategic decisions, and maximizing ROI.
Duties
- Regularly reporting on portfolio performance to stakeholders, including occupancy rates, rental income, and expenses.
- Building and maintaining strong relationships with clients, addressing their needs, and ensuring satisfaction.
- Monitoring the performance of residential properties within the portfolio, including occupancy rates and maintenance issues.
- Acting as the primary point of contact for clients, providing updates on property status and addressing any concerns.
- Preparing and presenting financial reports, including income statements, expense reports, and budget forecasts to clients.
- Addressing and resolving issues that arise with tenants or properties, ensuring compliance with relevant laws and regulations.
- Tracking key performance indicators (KPIs) for properties and making recommendations for improvements.
These duties require strong communication skills, a good understanding of the real estate market, and the ability to manage multiple properties and client expectations effectively.
Skills & Abilities
- Strong supervisory and leadership skills.
- Strong analytical and problem-solving skills.
- Excellent organizational skills and attention to detail.
- Excellent written and verbal communication skills.
- Ability to communicate with account holders in a courteous manner.
- Ability to work with a team and independently.
- Proficient with Microsoft Office Suite or similar software.
Experience
- At least five years of related experience required, with an active real estate license highly preferred.
Salary : $60,000 - $75,000