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Account Executive

CompStak envisions a commercial real estate industry in which accurate and transparent data leads to better, faster deals for everyone. We gather critical information that is hard to access, then make it instantly and seamlessly available to our platform members.


Location: Manhattan, New York

Hybrid: Three days in the office, subject to change


CompStak is expanding our Enterprise new business team.  We are seeking an experienced sales professional who can both lead and oversee our continued strong growth. We are also open to candidates with experience at the Senior Account Executive level.


CompStak’s data and analytics have never been more vital.  Our new business team is charged with forging strong relationships with prospective clients, learning their business and challenges -- and then leading the delivery of a responsive solution that optimizes value for both parties.   

 

If you have a strong track record in data and technology sales, an understanding of commercial real estate and a passion to work in a highly collaborative environment, this may be the ideal role.  We seek professionals who communicate an inspired vision and can win over colleagues and customers alike with strong negotiation skills. Comfortable engaging at the highest levels within an organization, you are a curious, confident leader-- always probing underlying issues that suggest broader solutions.  A strong client advocate and partner, you are known for your resilience and strategic operating skills, and you're constantly on the watch for prospective deals and new business opportunities. You thrive in an independent mode but also value collaboration. Additionally, you have the ability and drive to build your own book of business, and to sell our CRE Data Platform services while working tightly with the team to establish a strong business plan.


Responsibilities
  • Adding customer equity by creating valued business partnerships with customers, proactively identifying business opportunities for the customer, and conveying a firm understanding of the customer's business and political drivers
  • Understanding and utilizing economic, financial, industry, and organizational data to accurately diagnose customers' business strengths, weaknesses, and key issues that can inform sales strategies and plans
  • Understanding how CRE Data is being adopted by the prospect and where they translate into business efficiencies or top-line revenue
  • Ability to forecast revenue in identified territories with predictable accuracy
  • Building a book of business to expand with green field opportunity and targeting strategic-named accounts to source new business growth
  • Ability to work in a flexible work environment


Skills and Experience
  • 5-10 years of experience in direct software sales (PropTech sales experience preferred)
  • Experience managing a new business quota of $1.M+
  • Sold into Commercial Real Estate C-level Executive and/or Decision Makers is a plus
  • Bachelor's degree in Business Administration, or related field preferred
  • Travel percentage: As required
  • Industry experience in Data, SaaS, Commercial Real Estate or PropTech a huge plus


The base pay ranges provided below are for NYC Metro-based hires only and will be commensurate with candidate experience. Pay ranges for candidates in other locations other than the NYC Metro area may differ based on the cost of labor in that location. 


Pay range: $110,000-$130,000 plus commission


About CompStak


Launched in 2012, we’ve built a network of over 30,000 brokers, appraisers and research professionals across the country, using a unique crowdsourced model.  Our clients enjoy the foremost lease and sale transaction data combined with a robust analytics platform. CompStak’s unique data and intuitive platform is used by the world’s largest real estate investors, lenders, brokers and appraisers to compare properties, underwrite investments and loans, close deals and track market trends.

 

CompStak has over 100 team members in the US and overseas; and we continue to grow.  We’re backed by top VCs and industry players like Morgan Stanley, Canaan Partners, IA Capital, Transamerica, Moody’s, RealPage, 500 Startups, and Daily Mail Group, and have raised over $75m to date. Our HQ is in New York City, we have regional offices in Atlanta, Chicago and Los Angeles, and we have an international office in Belgrade, Serbia.


We pride ourselves on an environment that is fun, collaborative, and rewards hard work. We look forward to the value that future employees will add to our amazing teams!


CompStak is an equal opportunity employer that celebrates employees and applicants of all identities, backgrounds, abilities, and perspectives. We foster a welcoming work environment that supports diversity and inclusion, and we reject discrimination or harassment of any individual. If you are a person with a disability and require assistance with any part of the application process, please let us know. All employment decisions are made on the basis of qualifications, merit, and business need.

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CEO of CompStak
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Michael Mandel
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What You Should Know About Account Executive, CompStak

At CompStak, we're reshaping the commercial real estate industry with our innovative approach to data and analytics. We're excited to announce that we're on the hunt for an exceptional Account Executive to join our dynamic team in New York City! In this pivotal role, you will be instrumental in expanding our Enterprise new business initiatives. We're looking for someone with a deep understanding of data and technology sales, particularly within the realm of commercial real estate. As an Account Executive at CompStak, you'll have the chance to create valuable partnerships with prospective clients, helping them navigate their challenges while showcasing the immense value of our CRE Data Platform. Your communication and negotiation skills will be crucial in engaging with senior-level executives and decision-makers, as you work collaboratively with your colleagues to deliver tailored solutions that meet the unique needs of each client. With your background of 5-10 years in direct software sales and a knack for identifying new business opportunities, you'll thrive as you build and manage your own book of business. At CompStak, we celebrate diversity and foster a collaborative environment that values each team member's contributions. If you're ready to bring your strategic skills and resilient spirit to our innovative team, we encourage you to apply and help us lead the way in transforming the commercial real estate landscape!

Frequently Asked Questions (FAQs) for Account Executive Role at CompStak
What qualifications do I need to apply for the Account Executive position at CompStak?

To apply for the Account Executive position at CompStak, you should have 5-10 years of experience in direct software sales, preferably within PropTech. A background in managing new business quotas and familiarity with commercial real estate is beneficial. A Bachelor's degree in Business Administration or a related field is preferred but not mandatory.

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What responsibilities does an Account Executive have at CompStak?

As an Account Executive at CompStak, you'll be responsible for building strong partnerships with customers, identifying business opportunities, understanding their unique challenges, and diagnosing their business needs. You'll forecast revenue for targeted territories and work on expanding your book of business by sourcing new growth opportunities.

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What is the work environment like for an Account Executive at CompStak?

CompStak offers a fun and collaborative work environment for Account Executives, where hard work is recognized and valued. The role allows for flexible work arrangements, striking a balance between independent workflows and teamwork, ultimately fostering a culture that encourages innovation in commercial real estate.

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What kind of sales experience is valued for the Account Executive role at CompStak?

CompStak highly values sales professionals with extensive experience in data and technology sales, especially those with a focus on commercial real estate. Experience dealing with C-level executives and a proven track record of meeting new business quotas of over $1M is particularly advantageous for this role.

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What are the career growth opportunities for an Account Executive at CompStak?

As an Account Executive at CompStak, there are significant opportunities for career growth. With ongoing training and mentorship, strong performers can advance into senior roles, moving into strategic management positions where they can influence the direction of the company and the commercial real estate landscape.

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Is remote work an option for the Account Executive position at CompStak?

The Account Executive position at CompStak is predominantly hybrid, allowing you to work from the Manhattan office three days a week. This setup provides a mix of in-person collaboration and the flexibility of remote work, making it an optimal environment for maintaining productivity while enjoying team interaction.

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How does CompStak promote diversity and inclusion in the workplace?

CompStak is dedicated to fostering a welcoming and inclusive environment for all employees. We celebrate diversity by promoting a culture that respects and values different backgrounds, perspectives, and abilities. Our commitment to equal opportunity ensures that all hiring and employment decisions are based solely on qualifications and business needs.

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Common Interview Questions for Account Executive
Can you describe your experience in commercial real estate sales?

When preparing to answer this question, highlight specific roles where you successfully built relationships within the commercial real estate sector. Give examples of key strategies you employed to meet customer needs and drive sales, emphasizing your impact on revenue and growth.

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How have you successfully managed a sales quota in the past?

To effectively answer this question, narrate a specific instance where you not only met but exceeded your sales quota. Focus on the tactics you used, whether it was networking, innovative outreach strategies, or leveraging data analytics to identify opportunities, and discuss the measurable results you achieved.

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What strategies do you employ to build relationships with clients?

Discuss your approach to building lasting client relationships, emphasizing aspects such as active listening, understanding client pain points, and providing customized solutions. Illustrate your answer with anecdotes demonstrating your ability to foster trust and open communication.

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How do you determine the needs of a client in your sales process?

Explain how you gather intelligence on a client’s business through research and direct interviews. Talk about using economic and organizational data to diagnose challenges and tailor your sales strategy accordingly while highlighting some successful outcomes from this approach.

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What techniques do you use for effective forecasting and revenue projection?

When answering, outline the forecasting tools and methodologies you prefer. Discuss how you analyze historical sales data, current market trends, and additional factors to create accurate projections, ensuring you provide examples of how your forecasts have directly influenced business decisions.

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Can you describe a time you successfully negotiated a deal?

Prepare to share a specific story about a negotiation that resulted in a win-win scenario. Detail how you assessed the needs of both parties, the key tactics you employed, and the outcome, emphasizing your ability to achieve objectives while maintaining client satisfaction.

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In what ways do you stay informed about industry trends?

Discuss your methods for staying current in the commercial real estate industry, including attending conferences, reading industry publications, participating in webinars, or networking with industry professionals. Emphasize how this knowledge has allowed you to provide value to your clients.

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How would you contribute to a collaborative team environment?

When answering, share examples of how you have supported and mentored colleagues in previous roles. Highlight your commitment to open communication, teamwork, and how you actively seek to create a helpful atmosphere that encourages shared success.

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How do you handle rejection in the sales process?

Respond by reflecting on your mindset regarding rejection and the motivations that drive you to persist. Mention specific strategies to maintain motivation, such as seeking feedback, learning from each experience, and adapting your approach for future success.

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What interests you about working for CompStak?

Reflect on what specifically attracted you to CompStak—whether it's the innovative data solutions, the collaborative culture, or the company's growth trajectory. Tailor your response to show that you align with CompStak’s mission and how your skills can contribute to driving its success further.

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CompStak creates transparency in commercial real estate by gathering information that his hard to find, difficult to compile or otherwise unavailable. The company's data is used by institutional owners to compare properties, hedge funds to make in...

6 jobs
MATCH
VIEW MATCH
BENEFITS & PERKS
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Family Medical Leave
Paid Holidays
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 26, 2024

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