Real Estate Intern

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Throughout Los Angeles and sometimes remotely
Los Angeles, CA
Posted: November 16 2015
Application Deadline: Available Year-round
Position: Part-time, Unpaid (College Credit Required)

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Description

JohnHart Realtor representing buyers, sellers and a top developer seeks a part-time intern working 20 hours a week throughout the Los Angeles area.

Responsibilities

Real Estate Intern Duties Include, but are not limited to the following with supervision by the real estate licensee:

Assists in the underwriting of potential investment opportunities by researching property, demographic and other pertinent information within target markets and applying standard analytical processes to determine whether opportunities meet or exceed the company’s investment criteria and preparing initial budgets.

Works with the acquisitions team in the verification of all details about the property and the transaction by completing due diligence activities including: obtaining, scrutinizing and confirming all diligence documentation such as third party reports, market analysis, and rent surveys, and completing property inspections, lease audits, maintenance audits and tenant interviews, and walking competitive properties.

Underwrites transactions to meet profitability objectives by analyzing and manipulating financing options and budget figures.

Assists the Real Estate Licensee in the coordination of the purchase transaction and due diligence process between buyer, seller, lender and escrow company.

BUYERS
• Coordinate and schedule inspections, repair work, final walk-thru, etc.
• Give terms to the title office, agent, client and lender
• Meet termite inspector, appraiser, etc. at the property with real estate licensee
• Pick up and deliver contracts, reports and disclosures
• Review all reports
• Review estimated settlement statement for accuracy
• Review the preliminary title report and report discrepancies to the licensee
and the escrow officer
• Trust fund management
• Verify repairs have been complete
• Compile information sheets for new buyers and sellers call-ins
• Generate interest in listings to other agents and perspective buyers using
preprinted material approved by a licensee
• Monitor and maintain a client database
• Network for sales
• Prepare listing presentation
• Schedule appointments for the agent
• Search for Buyers
LISTINGS
• Call agents for feedback on showings
• Change of Price schedule - Includes preparing and delivering a listing
modification contract after a price has been agreed upon by the agent and
seller, changing the price on MLS and any other advertising mediums
• Check email for inquiries
• Create a brochure; Refill brochures at the property
• Find out HOA information
• Input listing into MLS
• Market listing to other agents
• Notify other agents when offers are to be presented, how to present offers,
when offers are accepted
• Order advertising for open house, inspections, sign up on property
• Order sign post down and removal of lockbox, order keys
• Pick up and deliver contracts, reports and disclosures
• Schedule installation of lock box with key on property
• Prepare listing agreement contracts and disclosures (OK to use WINForms)
• Provide weekly marketing reports to client
• Set up website or online advertising
• Take pictures of property

Requirements

Competencies

Quality - Demonstrates accuracy and thoroughness; Applies feedback to improve performance; Monitors own work to ensure high quality.

Quantity - Completes work in timely manner; Strives to increase productivity.

Dependability – Takes responsibility for assigned areas and work; Responds to management direction; Takes responsibility for own actions; Commits to long hours of work when necessary to reach goals.

Initiative - Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed; Undertakes self-development activities.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Desired Class Level(s)
Freshman, Sophomore, Junior, Senior, Graduate Student
Work Authorization
No, does not need visa sponsorship
Job Function
Business, Buying/Purchasing, Investment and Securities, Real Estate

Qualifications
Previous real estate or finance internship or work experience preferred.

MS Excel and Internet research skills.

Strong written and oral communication and interpersonal skills.

Strong organizational skills.

Ability to work under pressure, in a time sensitive environment.

Passion for Real Estate. A reliable vehicle.

Skills

Preferred - Bilingual-English/Spanish, Mandarin Chinese

How To Apply

Apply
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