Job Detail

Director of Real Estate Growth - Stella stays

Date Posted: Jun 11, 2023
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Job Detail

  • Location:
    Riyadh , Saudi Arabia
  • Company:
  • Type:
    Full Time/Permanent
  • Shift:
    First Shift (Day)
  • Career Level:
    NA
  • Positions:
    1
  • Experience:
  • Gender:
    No Preference
  • Degree:
    NA
  • Apply Before:
    Sep 11, 2023

Job Description

Stella stays - who are we?

Stella Stays is a prop-tech start-up with a mission to reinvent rental globally and a vision to create the future of living. 

We offer beautifully designed, thoughtfully equipped, tech-enabled residences, and a seamless digital guest experience. 

Established in 2019, Stella Stays is present and growing rapidly in major cities across the Middle East and North Africa (MENA), Europe and North America. Our proprietary technology empowers unmatched efficiency across real estate supply growth, interior design, pricing, economics, bookings, guest service, and property management. 

Stella Stays is the winner of:

  • 2022 Gulf Business Award for "Proptech Company of The Year" 

  • 2021 Stevie Awards for the “Most Innovative Tech Start-up of The Year” and “Innovative Achievement in Sales” for our technology and revenue generation strategy respectively.

At Stella Stays, you will:

We are seeking a Business Development Specialist in Riyadh who will have the responsibility of identifying real estate opportunities, negotiating agreements, managing deal closings and supporting the handover of new properties into the Stella Stays portfolio. Your primary focus will be on promoting Stella Stays to developers, investors, and residential building owners in Saudi Arabia in order to secure as many units as possible.

You will be responsible to:

  • Utilize local market knowledge and a network of broker partners to identify and prospect potential partnerships with property developers, real estate agents, and landlords primarily in Riyadh and Jeddah, building and maintaining strong relationships with key stakeholders.

  • Develop and implement effective strategies for expanding Stella Stays portfolio of properties available for rental, building a robust pipeline of real estate opportunities that meet the companys acquisition criteria..

  • Build and maintain positive relationships with local communities to showcase the benefits of partnering with Stella Stays. Enhance the companys reputation and credibility through effective communication and engagement.

  • Develop a deep understanding of local regulations and policies related to short-term rentals to ensure compliance and build trust with stakeholders. Continuously stay updated with changes and updates to local laws and regulations.

  • Craft and negotiate lease and profit share agreements that align with Stella Stays values and business model while ensuring favorable terms for the company. 


  • Establish clear communication channels with property owners and landlords to ensure prompt resolution of any concerns or issues. Foster positive and collaborative relationships to strengthen partnerships and drive mutual success.



Requirements

The ideal candidate for this role should:

  • Bring a minimum of 5 years of business development experience, preferably in real estate, to lead Stella Stays real estate investment team in Riyadh.

  • Possess in-depth knowledge of the real estate market in Riyadh, including key property developers, compliance requirements, and new launches.

  • Strong negotiation and communication skills to build and maintain relationships with key stakeholders, ensuring success in business development.

  • Display excellent analytical and problem-solving abilities, and have the ability to analyze real estate from a strategic point of view.

  • Demonstrate a passion for and knowledge of the real estate market in Riyadh, and be self-driven as an accomplished salesperson.

  • Master the art of presenting a value proposition and handling objections while inspiring trust in potential partners.

  • Be fluent in both Arabic and English to effectively communicate with stakeholders in Riyadh.

If you are passionate about the real estate industry, have a proven track record of success in business development, and have extensive knowledge of the market in Riyadh, we encourage you to apply for this exciting opportunity with Stella Stays.



Benefits

NA

Skills Required

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