Senior Product Manager, CoStar

Senior Product Manager

CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, 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.

What We Are Looking For:

CoStar Group is seeking a Senior Product Manager to own and evolve key components of our platform, with a strong focus on delivering practical, customer driven improvements at scale. In this role, you will turn real client feedback into clear product requirements, own portions of the product backlog, and partner closely with Engineering to deliver enhancements that make our products easier and more valuable to use. You will work cross-functionally with Sales, Customer Service, Analytics, Technology, and Design teams. You will interact with customers and other stakeholders daily, creating user stories and supporting product enhancements through releases. This is an opportunity for a hands-on Product Manager who enjoys owning outcomes, solving everyday customer problems, and building impactful products in a dynamic and evolving industry.

This position is in Richmond, VA and is in office Monday through Friday.

Responsibilities:

• Leverage customer feedback, market insights, and internal stakeholder input to deliver practical, yet impactful product improvements that enhance the CoStar customer experience and make our products easier to use.
• Own and manage defined components of the product roadmap, with a focus on maintaining and enhancing existing feature sets and delivering incremental improvements.
• Drive product releases in a fast-paced Agile software development environment, including writing user stories, prioritizing backlog items, supporting release planning, and creating release notes.
• Serve as a key point of contact for inbound product feedback from Sales, Customer Service, and clients; translate real-world use cases into clear requirements for Engineering.
• Work closely with Product, Engineering, Design, QA, Sales, and Analytics teams to scope, plan, and deliver enhancements that address customer needs and business priorities.
• Understand, document, and analyze customer workflows and pain points to develop actionable use cases and improvement opportunities.
• Support user testing efforts, gather feedback, and help translate insights into prioritized development work.
• Plan and execute feature releases to a large subscriber base, ensuring clear communication and alignment across internal teams.
• Use customer data, usage metrics, and qualitative feedback to inform prioritization decisions and evaluate product outcomes.

Basic Requirements:

• Bachelor's degree required from an accredited, in-person, not for profit university of college
• A demonstrated track record of ownership, reliability, and success in prior roles
• 5+ years of experience in Product Management, Project Management, or a related role, with exposure to software or data driven products
• Commercial Real Estate experience
• Experience defining product requirements and delivering feature enhancements in partnership with Engineering teams
• Exposure to Agile or Scrum development environments, including backlog management and sprint planning
• Strong interpersonal, communication, and collaboration skills
• Experience working with SaaS, data, analytics, or information products that support business decision-making
• A track record of commitment to prior employers

Preferred Qualifications:

• Experience managing high-volume inbound product feedback or enhancement requests
• Background partnering closely with Sales and Customer Service to capture and document customer needs
• Experience owning or maintaining existing product features, including incremental improvements
• Comfort working in distributed, cross functional environments across multiple teams and locations

What's In It For You:

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines.

In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training and tuition reimbursement.

Our benefits package includes (but is not limited to):

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• 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)
• Complimentary gourmet coffee, tea, hot chocolate, prepared foods, 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 is not able to provide visa sponsorship for this position.

The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

Base Compensation: $107,000.00-$181,000.00 Annually