CoStar Group – Vice President, Product Management, LoopNet

Company

CoStar Group (NASDAQ: CSGP) 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. For over 35 years, CoStar Group has been living and breathing the world of real estate information and online marketplaces, giving them perspective to create truly unique and valuable offerings to their customers. By continually refining, transforming, and perfecting their approach to their business, CoStar has created a language that has become the standard in the industry, for their customers, and even competitors.

As they continually work to continue that effort as well as improve and drive innovation, they are able to deliver for their customers, employees, and investors. CoStar Group provides an invaluable edge in real estate, by equipping the brightest minds with the best resources available.

About Us

As a division of CoStar Group, LoopNet is the most visited commercial real estate marketplace, covering For Sale and For Lease properties across all commercial property categories. With 13 million monthly global unique visitors and 7x the traffic of our closest competitor, LoopNet is by far the most visited heavily trafficked online commercial real estate marketplace. LoopNet connects Tenants and Investors to properties available for sale and lease. These decision-makers and influencers view more than 1 million detailed property listings every day.

This position is located in Richmond, VA and is full-time on-site.

About The Role

The VP, Product Management for LoopNet will lead a team of talented product managers and designers as well as partner with Product Development, Marketing and Sales. Defining the product vision, the VP of Product Management will continuously evolve existing offerings, producing innovative enhancements and valuable new features to meet the needs of our customers, reflect industry trends, and further differentiate LoopNet, as the world leading Commercial Real Estate digital marketing platform, from our competitors.

In Addition, The Role Will Encompass The Following

• Product Strategy & Vision:
• Develop and articulate a compelling product vision and strategy aligned with the company’s overall business objectives.
• Conduct thorough market research, competitive analysis, and customer analysis to identify opportunities and unmet needs.
• Define and prioritize product roadmaps, using market research, industry knowledge and focus groups to align user needs.
• Stay ahead of industry trends and emerging technologies to inform product innovation and evolution.

• Product Development & Management:
• Oversee the entire product lifecycle, from ideation and concept development to launch and iteration.
• Collaborate closely with engineering, marketing, and sales teams to ensure successful product development and launch.
• Lead and mentor a team of product managers and designers, providing guidance and support to accomplish company goals,
• Establish and maintain effective product management processes and frameworks.
• Deploy Agile methodologies to deliver product enhancements in three-week sprint cycles to drive innovation, and quickly adapt to changes in the digital landscape and market trends in North America and internationally.
• Deliver a high quality, modern, best in class user experience across all surfaces

• Customer Focus:
• Drive a customer-centric culture within the product organization, ensuring that all decisions are informed by user insights.
• Track and measure key performance indicators and business metrics to drive customer-centric product solutions.
• Monitor and analyze product performance, partnering with Engineering/Technology, Sales, and Marketing and gathering user feedback to continuously improve and optimize the user experience.
• Identify and address areas of potential user drop off.

• Leadership & Communication:
• Recruit, build, and lead a high-performing product team, fostering a culture of collaboration, innovation, and accountability, as they execute the product roadmap.
• Effectively communicate the product vision, strategy, and roadmap to cross-functional teams and stakeholders.
• Foster a strong sense of ownership and accountability for the product among team members.
• Collaborate with senior leadership to align product strategy with business goals and secure necessary resources.
• Represent the company and its products at industry events and conferences.

Candidate Experience & Skills

• 12+ years of experience in a digital product role.
• Experience working within Commercial Real Estate, Prop Tech, CRE Tech.
• Experience working in digital marketplace businesses.
• Exceptional analytic and technical skills with strong understanding of design principles and methodologies.
• Proven track record of launching and scaling technically complex, innovative products.
• Experience leading product management teams and translating business strategy into customer facing products.
• Excellent communication and interpersonal skills with demonstrated ability to translate conceptual ideas into products.
• Experience partnering and collaborating across functional teams to reach goals
• Analytically driven.
• Proven track record of driving results and adhering to deadlines.
• Passion for Commercial Real Estate.
• Bachelor’s degree from an accredited, not-for-profit college or university in computer science, product management, busiess, or related fields required, Master’s degree preferred.
• Track record of commitment to previous employers.

What’s in it for you?  

When you join CoStar Group, you will experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. We offer generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with training and tuition reimbursement.

Other Highlights Of Our Benefits Package Include

• 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.
• 11 holidays and 3 weeks of vacation per year.
• On-site fitness center.
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups.
• Snacks and caffeine.

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

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