Full-Time

Exchange Director

Flock Homes

Flock Homes

51-200 employees

Transacts rental properties into fund shares

Compensation Overview

$240k - $250k/yr

San Francisco, CA, USA + 2 more

More locations: New York, NY, USA | Denver, CO, USA

In Person

Category
Sales & Account Management (1)
Required Skills
Sales
Forecasting
Salesforce

Get referred to Flock Homes

See people who can refer or advise you

Requirements
  • 7-10+ years of work experience (5+ in a quota-carrying role)
Responsibilities
  • Own a book of landlord prospects from the first conversation through the signed agreement that brings them into Flock’s Fund.
  • Develop deep expertise in the 721 Exchange and how Flock's Fund works.
  • Guide prospects through a structured, multi-stage sales process from initial discovery through valuation, due diligence, and close.
  • Present property valuations and inspection findings clearly and honestly.
  • Build the pipeline you need to hit your number, and disqualify leads that don't fit our investment criteria rather than carrying them forward unnecessarily.
  • Maintain pipeline integrity in Salesforce so your forecast reflects reality.
  • Approach every deal through the client's lens first.
Desired Qualifications
  • Background in finance, real estate, or sales of complex, high-consideration products.
  • Prior fund or investment-product experience is a bonus.

Flock Homes helps landlords exit property management while keeping income. It purchases rental properties from individual owners and converts them into shares in a diversified real estate fund using the 721 Exchange, a tax-deferral strategy. The fund is managed by Flock and generates income from rents and property appreciation, distributed to shareholders quarterly. The company earns through property management fees and gains from the fund’s appreciation, aided by economies of scale from operating a large portfolio. Flock Homes differentiates itself by offering a tax-deferral exit option centered on the 721 Exchange, a specialized, scalable solution that reduces owners’ hassles and diversifies their investments. The goal is to provide a hassle-free way for landlords to retire or lower tax burdens while continuing to receive steady income.

Company Size

51-200

Company Stage

Series B

Total Funding

$46M

Headquarters

Denver, Colorado

Founded

2020

Get referred to Flock Homes

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Flock raised $20 million in May 2025 and nearly $50 million total.
  • BusinessDen reported about $10 million revenue in 2024 and over $1 million monthly rent.
  • Management said 850 homes and new HQ hiring support scaling beyond Denver.

What critics are saying

  • 721 exchange structures face tax and securities scrutiny; one IRS challenge breaks Flock's pitch.
  • Flock's 2025 growth relied on onboarding fees, exposing revenue to transaction slowdowns.
  • Blackstone, Invitation Homes, and local operators can outbid Flock for distressed portfolios.

What makes Flock Homes unique

  • Flock's 721 exchange product defers taxes while letting landlords exit rentals without selling.
  • In 2025, Flock expanded from single-family rentals into multifamily and manufactured housing.
  • The company runs a professionally managed fund across fragmented small-owner housing assets.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

4%

2 year growth

6%
FinSMEs
May 13th, 2025
Flock Raises $20M in Series B Funding

Flock, a Denver, CO-based retirement solutions company for landlords, raised $20M in Series B funding

The Denver Post
Apr 3rd, 2025
Startup with 850 rental houses raises $22M; leases LoHi HQ

Flock Homes, which buys homes that are pooled in a REIT-styled fund, raised a $22 million round last month, according to SEC filings.

BusinessDen
Apr 1st, 2025
Flock Homes raises $22M, expands HQ

Flock Homes, a Denver startup, raised $22M, bringing its total funding to nearly $50M since 2020. The company, backed by Andreessen Horowitz, leased a new HQ in LoHi and plans to expand its 12-person team to over 20. Flock manages a $200M portfolio of 850 single-family homes and plans to add multifamily units. The firm aims to provide tax deferral and estate planning for clients. Flock posted $10M in revenue last year, with a 400% growth in 2024.

The Business Journals
Mar 24th, 2025
Denver real estate company raises $21 million

The business aims help rental homeowners exit the property by selling into a fund, the company says.

ResiClub
Oct 22nd, 2024
Mom-and-pop landlords aren't big fans of institutional homebuyers

To find out, ResiClub teamed up with Flock Homes to poll 284 real estate investors-85% of those surveyed own between 2 and 20 investment/rental properties.