Research Analyst
1 week ago
**Job Title**
Research Analyst
**Job Description Summary**
Based in our Vancouver, British Columbia office, the Research Analyst is responsible for supporting the development of local research output and thought leadership by gathering, tracking, and analyzing local market data to derive insights for colleagues and clients. Specifically, this position is tasked with updating and maintaining the accuracy of our proprietary Commercial Real Estate (CRE) database by inputting, updating, and validating key property, availability, and transactional information in real time. This would embrace validating key information via discussions with brokers and contacting external third-party property managers to ensure best-in-class data accuracy.
**Responsibilities**:
- Manage & Update Research Databases
- Proactively and routinely seek information from internal fee-earners, Managing Principal, and external sources to facilitate the collection of key intelligence data related to changing market conditions surrounding both inventory, availability, and occupancy
- Liaise regularly with other CRE professionals, including developers, landlords, appraisers, and external brokers and research analysts to seek out market information
- Collect and ensure the integrity of comparable data, new development information, and applicable information on city planning changes/issues
- Accurately maintain & update information within the research databases within a defined frequency
- Perform regular and ongoing audits of existing data within the system on a regular and ongoing basis, via the examination of reports and information provided by other brokerages and real estate companies
- Contributes to the quarterly statistical process
- Generate statistical analysis and reports within a defined frequency, including quarterly stats
- Analyze data, compiles and writes (or assists in writing) quarterly reports (MarketBeats)
- Assist in forecasting and economic outlook information for clients
- Provide designated support for thought leadership initiatives, pitch materials, publications, and deliverables
- Assist Manager of Research and/or brokers in the production of customized reports for business development, utilizing both internal and external databases and analytical tools
- Respond to requests for data and/or analysis from Manager of Research, fee-earners, and/or marketing team
- Analyze third-party government data source (quantitatively and qualitative) to effectively identify and illustrate key market trends that may impact local CRE activity
- Create effective reporting and visualizations to help internal and external stakeholders easily grasp local CRE trends
- Support local and national research initiatives
- Work on specialized projects that improve systems and enhance information flow and further automate existing processes
- Maintain and develop documented processes to support regular updates and maintenance to ensure the accuracy of the underlying database
- Assist in training of other staff, including future team members, junior brokers, and administrative assistants
- Provide support on an as-needed basis for ad hoc requests
**Qualifications**:
- Post-secondary education required; degree in Commerce, Economics, Business Administration, Urban Economics, Urban Planning, or Urban Geography is an asset
- 1-3 years’ experience in real estate industry or business
- Professional acumen, demonstrated interest in CRE industry
- Experience in data entry/data management and time series analysis/forecasting; economically versed
- Demonstrated proficiency with all applicable software packages, including but not limited to: Microsoft Office, Suite (Word, Excel, PowerPoint, Outlook)
- Verbal communication/articulate/polished: strong oral and written communication skills
- Connection/relationship building: maintains a positive and profession attitude and demonstrates professionalism at all times
- Adaptability/change/fast pace: ability to plan, organize, prioritize, and manage processes in a fast-changing, high-energy environment
- Team player/collaboration: seeks to make individual contributions that benefit the broader team
- Resourcefulness/initiative: ability to successfully resolve problems with mínimal oversight & direction
- Work ethic/grit: proactively gather data and confirm accuracy; tenacity to go above and beyond
- Intellectual curiosity: desire to invest time and energy in CRE knowledge
- Database operation: ability to efficiently and accurately audit/update data and seeks value in repetitive tasks
- Attention to detail: excellent organization skills and keen eye
- Strong Excel skills: ability to effectively utilize Excel to quickly distil and analyze large datasets
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