Lease Comp Auditor

Lease Comp Auditor

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 and the NASDAQ 100, 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.

About The Role

CoStar delivers real-time, verified commercial real estate data that helps clients confidently spot great opportunities and make smart choices ahead of competitors. By combining the power of CoStar's independent research organization the industry's largest with global data delivery, software, and application solutions, clients can act on opportunities with confidence.

CoStar's research and analytics teams are the heart of CoStar, capturing market-critical information that enables our commercial real estate clients to make informed, high impact business decisions daily. CoStar Group is seeking a Lease Comp Auditor to join our Real Estate Manager business unit.

This role plays a critical part in maintaining the integrity of CoStar's lease data, ensuring it meets the highest quality standards for our clients.

As a Lease Comp Auditor at CoStar Real Estate Manager, you will be responsible for ensuring the accuracy, completeness, and quality of lease comparables (lease comps) data that have been analyzed and abstracted by our Lease Comp Research Associates. Additionally, this role will assist with training and providing valuable feedback for the development of the Lease Comp Research Associates Team. This position requires a comprehensive understanding of lease terms and real estate practices, exceptional attention to detail, strong reading comprehension, and a proven ability to teach and guide the ongoing learning and development of team members.

This position is in office Monday through Friday.

Responsibilities

• Audit lease comps abstracted by the Lease Comp Research Associates to ensure data accuracy, consistency, and completeness.
• Cross-reference lease abstract details with original lease documents and other supporting materials to ensure correct interpretation and data entry.
• Collaborate with stakeholders as needed to determine best practices for capturing data for edge cases and ambiguities in lease language.
• Provide constructive feedback to analysts to promote continued learning and professional development.
• Collaborate with the Senior Manager, Lease Comp Auditor and Lease Comp Managers to create and enhance training processes and professional development initiatives.
• Assist in identifying and refining quality assurance processes, tools, and workflows.
• Maintain privacy and discretion with all lease data.

Basic Qualifications

• Bachelor's Degree required from an accredited, not-for-profit University or College
• 5 years of relevant work experience in lease administration, lease abstraction or review of similar legal documents.
• Comprehensive understanding of commercial lease structures and terminology.
• Excellent analytical and problem-solving skills, with attention to detail and accuracy.
• Effective communication skills, both written and verbal.
• Proven success performing to metrics or key performance indicators (KPIs).
• A proven track record of commitment to prior employers.
• Demonstrated success in mentoring or training team members, with a strong commitment to knowledge sharing and contributing to professional development initiatives.
• Microsoft Excel 365 experience is required.
• Ability to manage multiple responsibilities, changing priorities, and excel in a fast-paced environment.
• Natural curiosity, persistence, and ability to conduct thorough investigative research
• Self-motivated and goal-oriented.

Preferred Qualifications and Skills:

• Bachelor's degree in real estate, finance, economics or accounting.
• Juris Doctor (J.D.) or equivalent law degree with coursework or experience in commercial real estate, finance, economics, construction or contracts.

What's In It For You?

When you join CoStar Group, you'll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but not limited to):

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• Virtual and in person mental health counseling services for individuals and family
• 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), with yoga studio, Pelotons, personal training, group exercise classes
• Access to CoStar Group's Diversity, Equity, & Inclusion Employee Resource Groups

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing