Director of Market Analytics - Los Angeles, CA

Director of Market Analytics - Los Angeles, CA

Job Description

OVERVIEW

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. 

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. 

ABOUT THE ROLE

CoStar is seeking a Director of Market Analytics to join our growing analytics organization. The selected candidate will be responsible for providing analytic content (listed below) for the Los Angeles metropolitan area market. The Director will play a key role as a client- and industry-facing representative of CoStar and be responsible for delivering CoStar’s view of the market and the outlook.

The position would be based on site in our Los Angeles, CA office.

RESPONSIBILITIES

• Produce meaningful, relevant, and insightful analysis of real estate market conditions for inclusion in CoStar’s product offering

• Content will take various forms, including, but not limited to: (1) written narratives in CoStar’s market and sub-market reports; (2) presentations to clients and at industry events; (3) working with external media to highlight CoStar’s data and (4) written and visual content for CoStar’s news platform

• Engage in interactions and discussions with CoStar customers

• Translate analysis and insights into meaningful content to deliver to the market

• Deliver in person market updates to CoStar clients and industry groups, focusing on economic and commercial real estate trends in the LA market

• Regularly review and monitor CoStar data for accuracy, timeliness, and quality, and ensuring errors and outliers are corrected in a timely manner.

BASIC QUALIFICATIONS

• Bachelor’s degree required

• Eight or more years of work experience in commercial real estate, with some experience in the Los Angeles market

• High level of understanding of commercial real estate fundamentals, as well as economic theory and principles applied to the real estate industry

• Strong analytical and writing skills

• Demonstrated writing skills; ability to write effectively and maintain a high volume of written content

• Experience in using MS Office; proficient with MS Excel

• Familiarity with markets in the local area, as either a resident or a real estate professional

• Strong work ethic and ability to work in a team environment

PREFERRED QUALIFICATIONS

• Master’s or other graduate degree in a related field strongly preferred

• Polished presentation skills and communication skills

• Experience speaking and presenting data related to market conditions to others in both large groups and in small executive-level settings

• Client orientation and commitment to help clients succeed

• SQL experience

What’s in it for you?

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an interoffice exchange program. Our benefits package includes (but is not limited to):

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

• Life, legal, and supplementary insurance

• Virtual and in person mental health counseling services for individuals and family

• Commuter and parking benefits

• 401(K) retirement plan with matching contributions

• Employee stock purchase plan

• Paid time off

• Tuition reimbursement

• On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes

• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups

• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position. This position offers a base salary range of $150,000 - $200,000, based on relevant skills and experience and includes a generous benefits plan.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing.

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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing