Lead a monthly renewal call for every region to include setting up pricing parameters and generating and reviewing upcoming offers.
Collaboration: Foster effective collaboration by facilitating teamwork across departments, solving inter-group conflicts, and promoting shared successes.
Lead a weekly pricing call for every region.
Fiduciary Responsibility: Manages more complex fiduciary responsibilities by assessing potential risks, making informed decisions, and upholding ethical standards. Communicates financial information transparently, navigates conflicts of interest, and stays current on regulations to ensure sound stewardship and organizational integrity.
Assists in the creation of annual and quarterly revenue budgets and forecasts.
Educates internal stakeholders on pricing strategy, revenue tools, and implementation guidelines.
Acts as the primary liaison between Asset Management, Operations, and Property Management to align on pricing strategies.
Generates Quarterly and Annual Revenue Reporting Packages for internal stakeholders.
Develops and adjusts pricing recommendations based on real-time market trends using the LRO system.
Problem Solving: Apply analytical and creative thinking to solve a range of complex problems, offering effective solutions that enhance operational efficiency and client satisfaction. Employ a blend of experience and innovative strategies to tackle challenges head-on.
Monitors and interprets competitive rent data and economic trends to ensure optimized pricing strategies.
Quarterly comp reviews, including evaluation of the setup of positioning and weights within LRO.
Travels to properties as needed to support local pricing reviews and execution.
Prepares and maintains revenue management reports that support operational and strategic decision-making.
Analyzes performance data to assess the impact of pricing actions and forecast future performance.
Balances critical thinking and creativity to assess risks, explore options, and develop effective, well-supported solutions.
Ability to read, analyze, and present financial data effectively to both internal and external stakeholders.
Minimum of 3-5 years of experience in a related field, preferably in multifamily revenue or pricing strategy.
Familiarity with PowerPoint and Word
Expertise and understanding of forecasting and pricing for rents/leasing in a multi-family environment
Business Acumen/Job Knowledge (p): Applies a solid understanding of business operations and job-specific knowledge to improve processes and solve problems. Interprets business data to make informed decisions and contributes insights that support strategic planning and operational effectiveness.
Bachelor’s degree preferred.
Analytical Thinking : Applies analytical thinking by interpreting complex information, synthesizing data from multiple sources, and considering broader context to inform decisions.
Advanced skills in Microsoft Excel
Proficiency in applying statistical analysis and financial modeling to practical pricing scenarios.
Attention to Detail (p): Applies attention to detail by consistently producing thorough, high-quality work while effectively prioritizing and organizing information. Distinguishes between relevant and irrelevant details to minimize errors and uphold strong standards of accuracy and consistency.
Communication: Communicates effectively by actively listening, facilitating two-way dialogue, and adapting messages to suit different audiences and contexts. Conveys complex information with clarity and provides constructive feedback to support collaboration and shared understanding.
The Revenue Manager plays a pivotal role in driving strategic pricing decisions that directly impact property performance and organizational growth. Using tools like LRO and market intelligence, this role focuses on maximizing rental income, supporting revenue forecasting, and informing budgetary strategies. The Revenue Manager acts as a critical liaison between departments, facilitating collaboration between Asset Management, Operations, and Property Management to align on pricing execution. To be successful in this role, the individual must be analytical, detail-oriented, and an effective communicator, with the ability to interpret market trends and translate them into actionable strategies. This position contributes to a cohesive, high-performing team environment while ensuring data-driven decisions are implemented consistently across the portfolio. At its core, this role exists to enhance revenue performance and ensure pricing strategies are both competitive and aligned with broader business objectives.
Skilled in drawing logical conclusions from complex datasets and making sound decisions under
Strong background in data analysis, budgeting, and market research within a real estate or asset management environment.
Proficiency with revenue management software required ie. LRO or real Page
Benefits