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Business Development Manager

Meritus Property Group
Posted 10 days ago, valid for 16 days
Location

Portland, OR 97256, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Business Development Manager is responsible for sourcing and securing new third-party management contracts in multifamily and commercial properties.
  • Candidates should have 3 to 7 years of experience in property management, brokerage, asset management, or a related real estate field.
  • The role involves developing outreach strategies, maintaining client relationships, and evaluating the financial viability of prospective assets.
  • Compensation includes a competitive base salary along with performance-based commissions and bonus opportunities tied to revenue growth.
  • This position is suited for self-motivated real estate professionals looking to foster strong partnerships and achieve long-term success.

Position Overview

The Business Development Manager is responsible for sourcing, cultivating, and securing new third-party management contracts across multifamily and commercial properties. This role supports revenue growth while ensuring alignment with company standards, profitability goals, and operational capacity.

Key Responsibilities

  • Identify and pursue new management opportunities in multifamily and commercial sectors.
  • Build and maintain a qualified pipeline of prospective clients.
  • Develop outreach strategy targeting owners, brokers, lenders, and developers.
  • Cultivate long-term industry relationships and referral networks.
  • Evaluate financial viability and operational fit of prospective assets.
  • Collaborate with leadership on fee modeling and staffing impact.
  • Lead discovery meetings and support proposal preparation and presentations.
  • Assist in negotiating management agreements and coordinating smooth onboarding.

Qualifications

  • 3–7 years of experience in property management, brokerage, asset management, or related real estate field.
  • Experience with multifamily and/or commercial assets preferred.
  • Strong understanding of NOI, budgeting, management fees, lease structures, and CAM reconciliation.
  • Strong communication and relationship-building skills.
  • Self-motivated with ability to work in a growing, entrepreneurial environment.

What Success Looks Like

• Consistent pipeline activity and qualified meetings 
• Profitable new management contracts secured 
• Balanced growth across multifamily and commercial assets 
• Strong client relationships built on trust and transparency

Compensation

Competitive base salary plus performance-based commission on new contracts. Bonus opportunities tied to revenue growth. Business-related expenses reimbursed.

 
This role is ideal for a driven real estate professional who values thoughtful growth, strong partnerships, and long-term success.




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