Portfolio Manager

April 3

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Logo of Mainstay

Mainstay

Mainstay is a comprehensive platform designed for the residential real estate market that facilitates buying, selling, and managing properties efficiently. It offers expert pricing guidance, property tax management, and streamlined HOA administration, enabling users to navigate single-family rental opportunities with market intelligence and powerful tools. Trusted for its seamless transaction process, Mainstay has contributed to significant closed transactions, enhancing decision-making for both businesses and residents in the real estate sector.

πŸ“‹ Description

β€’ Portfolio Managers (PMs) are responsible for our institutional customers’ inventory from pre-listing to final disposition. β€’ The PMs provide data-driven list price recommendations and market insights at the asset-level to help optimize returns at sale. β€’ Setting Initial List Prices (ILP): Determine the value of client properties. β€’ Calculate the Return on Investment (ROI) of repairs and upgrades. β€’ Fallthroughs: Make thoughtful determination on negotiations. β€’ Buyer Offer Escalations: Evaluate buyer bids based on demand data. β€’ Appraisals: Assess external appraisals that differ from our valuation. β€’ Compile market analysis and trends.

🎯 Requirements

β€’ Bachelor's degree with a major in economics, finance, accounting, or a STEM field strongly preferred. β€’ Minimum 2 years experience as an analyst in the finance, revenue, real estate, or banking sectors. β€’ Best in class at difficult pricing decisions. β€’ Ability to distill large amounts of data to guide decision making for customer disposition strategy. β€’ Intermediate to advanced knowledge of GSheets or Excel. β€’ Able to complete tasks within guided timelines and focus time on highest priority activities. β€’ Able to work non-conventional hours. β€’ Can effectively communicate both within the team and with portfolio stakeholders.

πŸ–οΈ Benefits

β€’ Paid time off and 12 paid holidays annually β€’ Medical, dental, and vision insurance β€’ Basic life insurance β€’ 401(k) retirement plan

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