Single Family Home Acquisitions Manager
CHN Housing Partners
Single-Family Home Acquisitions Manager
We are a growing non-profit organization based in Cleveland, Ohio that offers its employees a comprehensive benefits package, opportunities to grow within the organization, and the ability to improve the communities we serve.
Position Summary: The Single-Family Home Acquisitions Manager is responsible for identifying, analyzing, negotiating, and acquiring single family residential properties for rehabilitation and subsequent sale to individuals and families that will reside in the homes. The Acquisition Manager acts as the primary liaison between sellers/brokers and CHN Housing Partners/its affiliates and leads the direct sourcing and acquisition of single-family properties. This role requires a blend of high-volume acquisitions, local market expertise, relationship building, and preliminary project due-diligence and initial financial underwriting.
Essential Duties and Responsibilities:
- Property Sourcing & Lead Generation: Identify, source, and analyze potential single family home opportunities through off-market strategies (direct-to-seller), wholesale networks, local brokers/realtors, and MLS monitoring.
- Financial Underwriting & Valuation: Perform comparative market analyses (CMA) to determine the "as-is" value, and with the assistance of the Single-Family Preservation team estimate rehabilitation costs, determine an "as-renovated" value and recommend go/no-go acquisition decisions.
- Negotiation & Contracting: Negotiate purchase terms, price, and closing dates directly with homeowners, brokers/agents, investors, wholesale networks, to secure an inventory of single-family homes.
- Due Diligence Management: Manage the inspection process, including any structural, environmental, and title work to ensure single family home suitability.
- Relationship Management: Cultivate relationships with private sellers, brokers/agents, and industry contacts to build a pipeline of acquisitions.
- CRM & Reporting: Maintain accurate, real-time data in the CRM system regarding lead interactions, contract status, and transaction metrics.
- Transaction Closing: Work with transaction coordinators, title companies, and legal teams to ensure timely closings.
- Asset Management Oversight: Oversee an asset management system whereby acquired properties yet to be rehabilitated are secured, insured, maintained, and free of code violations while awaiting to be rehabbed.
Other duties as assigned.
Work Experience and/or Education Requirements:
- Required: Extensive experience in real estate acquisitions or property investment.
- Education: Bachelor's degree in real estate, Business, marketing or related field, preferred.
Skills:
- Strong knowledge of residential real estate markets, property valuation, and neighborhood trends in Northeast Ohio and Southeastern Michigan.
- Proficient in Microsoft Excel, CRM platforms (such as Salesforce), and other business software applications.
- Skilled in negotiation, persuasion, and relationship management with experience working directly with sellers, brokers, and agents.
- Excellent communication, interpersonal, and collaboration skills with a high degree of professionalism and integrity.
- Strong analytical, problem-solving, organizational, and data analysis abilities with exceptional attention to detail.
- Ability to manage multiple acquisitions and competing priorities simultaneously while meeting deadlines.
- Self-motivated team player with the ability to work cross-functionally and take initiative in a fast-paced environment.
Other:
- Active real estate license in Ohio and Michigan preferred/required.
- Valid driver's license, reliable transportation, and ability to travel to properties throughout Ohio and Michigan for inspections and meetings.
Physical Demands:
- Ability to visit properties, inspect exteriors/interiors, and navigate construction sites (walking, climbing stairs).
Critical Competencies:
- Communication Skills Influencing Problem Solving Strategic Innovative Decisive decision-making Relationship Building Business Acumen Ability to deal with ambiguity Adaptability Mission driven
Working Conditions and/or Physical Requirements:
- Ability to perform essential job functions consistent with ADA, FMLA, and other standards.
- Regular and punctual attendance consistent with ADA, FMLA, and other standards.
Why Should You Apply?
- You want to be part of an organization where the work you do will have a positive and lasting difference in the community.
- Great benefits.
- Opportunities for on-the-job training and/or professional development.
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