The Home Acquisition Specialist reports to the Acquisitions Director and works with acquisition and finance team members to support all areas of acquisition processes including acquisition strategy, deal sourcing, due diligence and closing with a primary focus of evaluating new opportunities. The role supports the process in all aspects of valuating and executing transactions for Offerpad. This role is responsible for analyzing and valuing residential real estate.
Essential Functions
- Provide property valuation on single family properties
- Analyze properties from a variety of different sources
- Analyze data and trends to proactively identify current market values and make accurate valuations on an assortment of different product types and price points in the real estate market
- Participate in and coordinate due diligence and provide overall transaction support including contracting and managing third party report
- Track local real estate market data
- Assist with special projects as needed
Physical Demands/Environment Factors
- Requires extensive sitting with periodic standing and walking.
- May be required to lift up to 20 pounds.
- Requires significant use of personal computer, phone and general office equipment.
- Needs adequate visual acuity, ability to grasp and handle objects.
- Needs ability to communicate effectively through reading, writing, and speaking in person or on telephone.
- May require off-site travel; possible out-of-state travel
Minimum Qualifications
- Thorough understanding of the real estate market
- BPO experience (Broker Price Opinions)
- Minimum of 2 years’ experience in property valuation for single family homes
- Experience working in real estate and understanding true market value, BPO experience, and past REO account management is beneficial
- Active or inactive real estate license
- Proficient in common computer applications, including Microsoft Office
- Attention to detail
- Able to successfully prioritize and manage multiple projects, handle frequent changes effectively and professionally and follow through on issues in a timely manner
- Work well independently and in a team; Self-starter and independent worker, but not hesitant to ask for direction when needed
- Solid work ethic and a professional, proactive, and positive approach to work
- Strong quantitative and analytical ability and internet research, organization, and communication skills
- Effective decision-making skills and an ability to perform under deadline pressure
Preferred Qualifications
- Associates degree or higher preferred
