CIM Group is looking for a Leasing Associate for our beautiful asset in Bethesda (7770 Norfolk). The Leasing Associate is responsible for the marketing and leasing of rentals while meeting the leasing objectives. Is also responsible for providing the required reports related to the leasing function for assigned property(s).
CIM’s Asset Management department is responsible for the asset management and operational services in office, multi-family residential, retail, mixed-use and hotel product types. Our properties are predominately located in the urban regions in Southern California, Northern California, Texas, New York City, Washington D.C., Charlotte, and Chicago.
ESSENTIAL FUNCTIONS:Regularly inspect all residential units to determine asking rent based on the building’s attributes and unit location within the propertyEstablish weekly leasing objectives based on foot traffic, marketing print or internet and referrals to meet budgeted monthly objectives for new leases, renewals and appropriate closing ratios for bothEnsure vacated spaces are prepared in a timely manner for re-leasing and for new development, create a marketing plan with the objective to pre-lease units before all the units are physically completeOn a monthly basis, meet or call all expiring residential leases at least 60 days prior to their expiration and ensure all lease expiration notices are sent to tenants at least 30 days prior to the lease expiration dateProvide weekly/monthly lease roll over market rent analysis to the Property ManagerProvide unit turnover or vacant unit capital improvement recommendations to the Property manager to (a) preserve existing rental rates and (b) seek a higher rental rate by recommending unit improvements (e.g., updating appliances, cabinets, etc.)Ensure appropriate lease files with credit check, references, resident profile and correspondence is maintained on a daily basis using CIM Group standard lease folders and lease administration proceduresFollow- up on all leasing inquires which will be tracked by the property using Yardi or other reportsAdhere to LAHD rent control or similar governmental agencies (as required) polices as well as Federal Fair Housing Act to avoid any discrimination or legal issues
EDUCATION/EXPERIENCE REQUIREMENTS (including certifications, licenses, etc.)High School Graduate required; Bachelor’s Degree preferredOne year prior experience working in a residential leasing capacityFamiliar with Fair Housing leasing practicesMust possess a valid state-issued driver’s licenseAbility to write correspondence and/or reports accurately in a concise and detail mannerAbility to effectively present information to visitors, tenants, vendors, contractors and other employees of the organizationAbility to read, analyze and interpret lease agreements, market data, financial reports and/or legal documentsAbility to respond to common inquiries or complaints from tenants, regulatory agencies, other areas of the company, and/or members of the business communityMS Office including Excel, Word, PowerPoint, OutlookFamiliar with Nexus Payables or similar software applicationFamiliar with Yardi or similar software application