Full-Time

Associate – Dispositions

Confirmed live in the last 24 hours

Tricon Residential

Tricon Residential

501-1,000 employees

Consulting
Real Estate

Mid

Irving, TX, USA

Hybrid position.

Category
Real Estate
Real Estate Sales
Required Skills
Operating Systems
Data Analysis
Requirements
  • Education: BA or BS in business administration, finance, management, real estate, or related field
  • Experience: 3+ years of relevant real estate experience in acquisitions, dispositions, asset management, or related roles.
  • Leadership Skills: Excellent leadership experience with strategic oversight and team management.
  • Entrepreneurial Spirit: Creative and able to think outside the box.
  • Market Knowledge: Understanding of housing market dynamics, property valuation, and operations.
  • Analytical Skills: Strong quantitative and qualitative analytical abilities.
  • Strategic Thinking: Ability to generate innovative ideas and add value.
  • Industry Relationships: Existing relationships are helpful; ability to manage transaction pipelines.
  • Communication: Excellent written and verbal communication skills.
  • Work Ethic: Strong work ethic, motivated by team and company success.
  • Travel: Willingness to travel to satellite offices or markets as needed.
  • Project Management: Ability to manage multiple projects and initiatives in a fast-paced environment.
  • Negotiation: Strong negotiation skills with high-impact decision-making capabilities.
Responsibilities
  • Oversee the effective sale on a pipeline of 125-200 SFR homes in the US at varying stages
  • Establish market values, evaluate marketing strategies including renovation value add oversight, negotiate contracts and manage via firmwide velocity and execution requirements
  • Collaborate with internal teams to establish repair scopes and budgets to maximize recovery at the property level
  • Monitor internal and external construction vendors to ensure compliance with the company’s disposition repair scope and quality standards
  • Direct and manage the relationship with real estate agents and brokers
  • Monitor reports and completion of tasks designed to minimize exceptions and produce strong performance results
  • Maintain exceptional customer service, communication and responsiveness to internal stakeholders, brokers and vendors
  • Negotiate purchase offers to achieve the highest net sales proceeds possible
  • Review purchase and sale agreements to ensure accuracy and compliance with company policy
  • Accurately maintain transaction details in the organization’s technology platform and operating systems
  • Conduct thorough market analysis to assess property values, market trends, and competitive positioning
  • Ensure all asset management activities comply with federal, state, and local regulations, as well as company policies
  • Analyze data related to property sales, market trends, and operational efficiency to inform decision-making.
  • Provide regular updates and reports to various stakeholders, including and senior management on asset performance and disposition strategies.
  • Identify and implement best practices and process improvements to enhance the efficiency and effectiveness of asset management.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Blackstone at a premium price suggests confidence in Tricon's value and potential for growth.
  • Tricon's successful sustainability initiatives and new KPIs indicate a strong commitment to environmental and social governance, which can attract socially conscious investors and employees.
  • Significant investments from firms like Aew Capital Management and Land & Buildings Investment Management demonstrate strong market confidence in Tricon's business model.

What critics are saying

  • The acquisition by Blackstone could lead to strategic shifts that may not align with current employee or stakeholder expectations.
  • Concerns about exacerbating the housing affordability crisis could lead to reputational risks and potential regulatory scrutiny.

What makes Tricon Residential unique

  • Tricon Residential's focus on single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada sets it apart from competitors who may not specialize in these regions.
  • The company's commitment to sustainability, as evidenced by its annual sustainability report, highlights its dedication to responsible business practices and resident experience.
  • Tricon's tech-enabled operating platform and dedicated on-the-ground teams provide exceptional resident services, distinguishing it from other real estate firms.

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