Transaction Manager - Commercial Real Estate

About LocateAI

Locate is the first technology-enabled brokerage for the retail industry. We help growing brands like Allbirds, Parachute, and Barry's open stores in the right location based on location data. We are venture-backed by Pear, Slow, and Metaprop and quickly growing our business. You can learn more at www.locate.ai.

Locate has an open position for a Transaction Manager supporting our national client base. You will own a defined book of existing client accounts and manage their real estate requirements from site selection through lease execution. You will direct outside brokers, negotiate directly with landlords and their agents, and maintain the accounts you manage. The ideal candidate has 1+ years of experience in transaction management or a similar field, an active real estate license, and a background in negotiating real estate deal terms.

Requirements

Essential Functions

• Organize, manage, deliver, and report on transaction activity for an assigned book of client accounts
• Manage site selection and lease negotiation from initial requirement through execution
• Manage, monitor, and direct field brokers to ensure appropriate outcomes and deliverables, including setting requirements and timelines
• Negotiate lease terms with landlords and their agents through to a signed agreement
• Respond to client deadlines and internal deadlines on time
• Maintain accurate and current deal records, notes, and critical dates in Locate's systems
• Prepare accurate and informative project tracking reports, financial reports, and lease analyses
• Prepare and present lease economics and recommendations to clients
• Establish, maintain, and enhance client relationships through consistent follow-through
• Coordinate with internal team members and other service lines supporting the account
• Raise stalled transactions or client concerns with management in time to resolve them
• Ensure that client policies and quality standards are met in relation to transactional processes
• Follow Locate's documented transaction process and standards

Education & Experience

• Bachelor's degree or equivalent work experience
• Years of Experience: 1+ years in transaction management, brokerage coordination, lease administration, or a similar field
• Experience negotiating real estate deal terms
• Experience in financial analysis of lease terms
• Proficient with Microsoft Office Suite (Word, Excel, PowerPoint) and CoStar

Certificates and/or Licenses

• Active Real Estate Salesperson/Broker's License [Placeholder — required states]

Other Skills & Abilities

• Excellent written and verbal communication skills
• Strong organizational and analytical skills
• Ability to manage a high volume of concurrent transactions at varying stages
• Ability to multi-task, work successfully under pressure, and effectively prioritize and manage time and workload
• Ability to work independently within an established process
• Ability to provide efficient, timely, reliable, and courteous service to clients
• Ability to effectively present information
• Ability to interact effectively with brokers, landlords, business partners, and clients
• Understanding of and commitment to client service
• Willingness to take on new challenges, responsibilities, and assignments as the company grows

Location

This position is fully remote. Candidates must reside in one of the following states: AZ, CO, CT, FL, MA, NC, NH, NJ, NY, SC, VA. 

Compensation

$80 - $115k per year DOE and location. This position is also eligible for a performance bonus.