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Business Development Manager - Dallas/Houston

LendingOne is a direct private lender for Real Estate professionals headquartered in Boca Raton, FL with an additional office in Charlotte, NC. LendingOne made the Inc. 500 list of the fastest-growing private companies in America in 2019. Along with being rated one of the Top Workplaces in 2024 - for the third consecutive year -  by Sun Sentinel!

 

We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip bridge loans and long-term rental financing. Not a broker nor a bank, but a fully funded lending partner that can close consistently. LendingOne and its affiliates have extensive real estate experience and have provided over $5 Billion in real estate capital.

 

We are not your typical corporate environment. We focus on providing excellent client service, a professional approach, and true reliability.

 

At LendingOne, we view our people as the backbone of our success. We hire for character and ambition and believe in providing a platform to our employees that cultivates an environment of mutual trust, respect, and benefit.

Position Overview:

Business Development Managers (BDM's) build market position by locating, developing, defining, negotiating, and closing new business relationships. BDM's assist both LendingOne and potential borrowers in assessing the borrower's business ventures, analyzing the borrower's income potential, credit worthiness, and advising the borrower regarding the business decision of using LendingOne financial products. A successful candidate will have a strong understanding of real estate ventures and business operations, has a sense of urgency, initiative, and competitive drive to get things done and will possess a natural enthusiasm in working with and through people in the process. We are looking for talented and competitive professionals with consultative sales experience that thrive in a fast-paced environment. This person will maintain the skills necessary to engage professionally and successfully with new clients, building relationships and gaining repeat business.

Semi-frequent visits to our Headquarters office in Boca Raton, FL may be necessary.

Qualifications: 

The following list of qualifications and responsibilities is not all inclusive, as each employee is expected to be a team player and may be assigned other tasks as necessary. This is meant to serve as an overview of the position description: 

Required Skills: 

  • Minimum 2 years of experience in the real estate lending space (conventional/nonQM/mortgage insurance, etc.)
  • Minimum 2 years of professional real estate consultative sales experience with high net-worth clientele
  • Minimum 2 years of business to business sales experience
  • Experience building client relationships by phone

Preferred Skills: 

  • Minimum 5 years of professional real estate consultative sales experience with high net-worth clientele
  • Minimum 3 years in business to business sales
  • Experience in commercial and residential mortgage lending 
  • Excellent written and verbal communication, strong organizational skills, and time management. 
  • High attention to detail and critical thinking skills, with the ability to anticipate and address potential issues. 
  • Comfortability working in a fast paced, technology driven environment
  • A proactive and adaptable approach to problem-solving with a positive, team-oriented mindset, high-energy, and persistence

Responsibilities: 

  • Develop a growth strategy focused both on financial gain and customer satisfaction in assigned geographical territory
  • Promote LendingOne's products and services by addressing or predicting clients’ objectives
  • Arrange business meetings with prospective clients
  • Act as a consultant to borrowers/Clients, including educating borrowers on LendingOne products and services, collecting, and analyzing borrowers' assets and investments, and advising borrowers regarding the advantages and disadvantages of LendingOne financial products.
  • Guiding borrowers through the investment process, including counseling borrowers on how to become qualified to do business with LendingOne.
  • Cultivating meaningful relationships with LendingOne borrowers, offering excellent service, and securing repeat business.
  • Screening potential business deals in order to protect LendingOne's assets as well as the assets of LendingOne capital investors by analyzing market strategies, deal requirements/ potential, and financials; evaluating options; resolving internal priorities; recommending quality products and services to new and existing clients.
  • Developing long-term relationships with new customers by examining risks and potential in recommended deals, and by estimating customers' needs and goals.
  • Ensuring the timely and successful delivery of our solutions according to customers' needs and objectives.
  • Communicating clearly with internal and external stakeholders in reference to progress, timelines, and stipulations.
  • Ensuring proper collection of required documents and closing schedules.
  • Working closely and collaboratively with operations team during the closing process
  • Closing new business by contacting potential partners in a lead generated environment.

WE OFFER:

  • Competitive salary depending on experience 
  • Training and career development with growth opportunities
  • Comprehensive benefits package
  • Company matching 401(k) Plan
  • Casual work environment

LendingOne is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, or marital status.

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What You Should Know About Business Development Manager - Dallas/Houston, LendingOne

LendingOne, a direct private lender for real estate professionals, is searching for a dynamic Business Development Manager to join our team. Based in Boca Raton, FL, with an additional office in Charlotte, NC, we pride ourselves on being one of the fastest-growing private companies in America, featuring on the Inc. 500 list. At LendingOne, we specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties, including fix/flip bridge loans and long-term rental financing. As a Business Development Manager, you will play a pivotal role in building market position by identifying, developing, defining, negotiating, and closing new business relationships. Your main responsibility will involve assessing potential borrowers' business ventures, analyzing their income potential and creditworthiness, and advising them on utilizing our financial products effectively. We’re looking for enthusiastic, competitive professionals with at least two years of experience in real estate lending and consultative sales, specifically in dealing with high-net-worth clientele. Through your expertise, you’ll cultivate strong relationships with clients and ensure their needs are met with our tailored solutions. If you are passionate about real estate, possess a proactive attitude, and thrive in a fast-paced environment, LendingOne is where you need to be! Enjoy the benefits of a supportive work culture, competitive salary, and opportunities for growth whilst making a significant impact in the lending arena.

Frequently Asked Questions (FAQs) for Business Development Manager - Dallas/Houston Role at LendingOne
What are the main responsibilities of a Business Development Manager at LendingOne?

The Business Development Manager at LendingOne is integral in developing and maintaining new business relationships. Their responsibilities include assessing potential borrowers, analyzing income potential, and advising them on our financial products. They also nurture client relationships to ensure customer satisfaction and repeat business while promoting LendingOne’s services.

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What qualifications are needed to become a Business Development Manager at LendingOne?

To qualify for the Business Development Manager role at LendingOne, candidates should have a minimum of 2 years' experience in the real estate lending space, with at least 2 years in consultative sales dealing with high-net-worth clients, and experience in business-to-business sales. Preferred qualifications include a minimum of 5 years of consultative sales experience and familiarity with commercial and residential mortgage lending.

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How does LendingOne support the growth of its Business Development Managers?

LendingOne offers extensive training and career development opportunities for Business Development Managers, along with a competitive salary structure based on experience. We emphasize a nurturing environment that encourages professional growth, ensuring our team members feel supported in these endeavors.

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What kind of work environment can a Business Development Manager expect at LendingOne?

At LendingOne, the work environment is casual yet professional, fostering a culture of trust and respect. We prioritize excellent client service and have a team-oriented approach, making it an exciting place for a Business Development Manager to thrive and contribute significantly.

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What kind of clients will a Business Development Manager work with at LendingOne?

A Business Development Manager at LendingOne will work primarily with real estate professionals and investors, particularly high-net-worth clientele seeking business-purpose mortgage loans. Building and nurturing long-term relationships with these clients is essential to the role, ensuring that their financing needs are met effectively.

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Common Interview Questions for Business Development Manager - Dallas/Houston
Can you describe your experience in real estate lending?

When answering, provide specific examples of your past roles, responsibilities, and achievements in the real estate lending industry. Highlight any particular transactions or successful relationships you've built and how they relate to LendingOne's focus on business-purpose mortgage loans.

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How do you approach client relationship management?

Discuss your proactive strategies for developing and maintaining client relationships. Include specific tools or methods you’ve used to ensure clients receive personalized service and how you’ve successfully handled challenges in past relationships.

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What motivates you in a sales role, particularly in real estate?

Share what drives your passion for sales in the real estate industry. It could be the thrill of closing deals, helping clients achieve their investment goals, or your enthusiasm for navigating the complexities of lending processes.

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How do you analyze a borrower's financials to assess creditworthiness?

Explain your process for reviewing financial documents. Discuss the key indicators you look for, such as income stability, debt-to-income ratios, and other metrics that influence lending decisions. This could reflect your analytical skills important for success at LendingOne.

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Describe a time you faced a challenge in a sales situation and how you overcame it.

Provide a specific example where you encountered a challenge, outlining the steps you took to resolve the issue. Focus on your problem-solving abilities and resilience, which are vital for a Business Development Manager at LendingOne.

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What strategies would you implement to expand LendingOne's client base?

Offer your ideas for new strategies that could help increase LendingOne's market presence. Discuss how these strategies align with the company's core values and products, demonstrating your knowledge of LendingOne's offerings.

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How do you prioritize tasks when managing multiple clients?

Discuss your organizational skills and methods for managing time effectively. Acknowledge the importance of client needs and deadlines, explaining how you create a balance while ensuring each client receives attention.

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What tools or resources do you use for market analysis?

Share specific tools or resources you are familiar with for evaluating market trends, competition, and potential clients. Highlight how you leverage data to make informed decisions and recommendations.

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How do you handle objections from potential clients?

Provide insights into your approach to handling objections. Discuss how you listen to concerns, empathize with the client, and present solutions that highlight the benefits of working with LendingOne, particularly focusing on client education about our products.

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Why do you want to work at LendingOne?

Articulate your genuine interest in LendingOne's mission and values. Mention aspects such as the company’s growth, supportive culture, and commitment to service, explaining why these factors resonate with your career goals.

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LendingOne is the fastest-growing nationwide single family rental lender. Our mission is to make the overall process of applying and receiving loans for real estate investors quicker and more reliable. We are fortunate to have over 1,000 existing ...

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Full-time, hybrid
DATE POSTED
December 20, 2024

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