Pricing and Vacancy Analyst

Job Description

American Homes 4 Rent

As one of the country's fastest-growing property management companies of single-family rental homes, American Homes 4 Rent has an exhilarating and fluid start-up culture and permanency of a well-founded corporation, rich with diversity. As pioneers in the industry, solidified by our place on Wall Street, American Homes 4 Rent (NYSE: AMH) is currently looking for qualified candidates. With a culture of unprecedented growth, quality, and innovative collaboration, we are seeking personalities to complement our attributes.

The Pricing & Vacancy Analyst will be responsible for maximizing company revenue through the pricing homes for new leasing, balancing vacancy, and rental rates, and collaborating with field teams to negotiate non-standard lease terms. The analyst will digest a large set of information, including geography, seasonality, asset quality, tenant base, school / neighborhood quality, supply and demand characteristics, and company goals to make keen, revenue-optimizing decisions. This position is directly and solely responsible for the creation of marginal revenue in excess of $10 million annually. The analyst will use their full discretion in trying to meet and exceed revenue benchmarks set by the company.

Responsibilities:

• Utilizes proprietary pricing tools and Tableau business intelligence software to assign rent values to pre-marketed inventory
• Reviews on-market inventory using recent marketing data, such as phone calls, leads, check-ins, applications, and feedback to assess the need for pricing adjustments and execute adjustments when needed
• Collaborates with the Field Teams to promote leasing by negotiating renewal pricing with existing tenants and re-leasing pricing with interested prospects
• Analyzes seasonal trends across different markets to calibrate understanding of supply and demand; helps adjust pricing appropriately according to the time of year
• Analyzes crucial key performance indicators (KPI's) such as renewal and re-leasing spreads, days on market, and net move-ins to determine appropriate benchmarks and pricing goals
• Addresses abnormal circumstances during vacancy periods using prospective tenant feedback
• Alerts outside departments of scams, squatters, poor property conditions, missing keys etc.
• Creates and develops, along with the Field Teams, non-standard leasing provisions relating to lease terms, lease duration, insurance claims, job relocations, and approved maximum rents
• Conducts substitution analysis to determine if renewing or re-leasing properties will maximize company profitability

Requirements:

• Bachelor's degree in Economics, Finance, Accounting, Engineering, Statistics, Math or another related field required
• Minimum of three (3) years of experience in pricing, analytics or revenue management required
• Minimum of two (2) years of experience in a high-volume environment requiring the use of analytic tools (i.e. Excel, Business Intelligence Software, programming) required
• Working knowledge of Microsoft Office required
• Master's degree in Economics, Finance, Accounting, Engineering, Statistics, Math or another related field preferred
• Three (3) years of experience working in real estate environment preferred
• Working knowledge of Tableau highly preferred

Work where you feel right at home -

If you are a versatile professional who values culture, a concerted environment, and the potential for exponential growth, we want to work with you! Apply now and someone from our Talent Acquisition team will reach out to you soon!

Related Keywords:

Pricing and vacancy analyst, pricing analyst, vacancy analyst, analyst, economics, finance, accounting, engineering, statistics, revenue management, real estate, property management, full time, #LI-CA1

Information regarding AH4R's collection and use of your personal information can be found at https://www.ah4r.com/employeeprivacy