Supports the planning, implementation, execution, and ongoing maintenance of the Company's revenue management application and systems, monitors that proper system settings are being utilized, identifies and reports any issues and problems, and supports the onsite management teams in the daily application of the revenue management system to ensure optimum rental rates and maximum revenues.
Supports the execution of the Company's revenue management application (YieldStar) for the assigned portfolio of communities by monitoring the daily use of the system, overseeing rent rate changes, surfacing and addressing problems related to the system, responding to team member questions and requests for help, and communicating with the Revenue Manager on specific activities, issues, and concerns.
Works with the Regional Property Managers and on-site managers to implement policies and procedures for the daily execution of the revenue management system by explaining the Company's procedures for reviewing and approving rent recommendations, monitoring compliance through communication with on-site managers and leasing professionals, and working with the RPM on pricing exceptions.
Analyzes YieldStar rent recommendations, settings, and decisions on a daily basis, communicates with the on-site managers to discuss current market, occupancy, and pricing conditions, and assists in determining rental rates that result in maximum and optimum revenue.
Reviews revenue reports and completes qualitative analysis to report on the performance and results of the revenue management system at the property and portfolio level, and provides updates and recommendations to assist managers in understanding and evaluating the performance of the revenue management system.
Assists in conducting training for RPMs and site teams, and provides on-going help and support by communicating frequently about system-recommended rent pricing, appropriately approving and/or making exceptions to rent recommendations, answering functional questions, and ensuring that the revenue management system is being fully utilized.
Communicates regularly with the Revenue Manager and revenue management software vendor and service provider to identify and discuss specific needs, modifications, and system enhancements.
May take on a lead role for selected platforms and projects as well as mentoring other Revenues Associates by providing training and/or assistance with complex issues surrounding the Company's revenue management system.
Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
Internal Number: R0011977-1?clientRequestID=14c
National Platform with Local ExpertiseGreystar, founded in 1993, provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies in the country.Because our business model includes both investment and service-oriented businesses, we’re able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our national platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.Our dedication to redefining excellence in apartment living means we’re constantly exploring innovative ideas and pioneering new ways to serve our residents and clients. The Greystar team is more than 5,300 team members strong and growing. Check out the latest opportunities.