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Account Executive - Charlotte, NC

The Role That We Need:


PadSplit is hiring for an Account Executive to expand our marketplace by engaging traditional property owners to become PadSplit Hosts.  This role is critical in helping homeowners unlock additional income by listing their properties, while addressing housing affordability by creating more shared housing opportunities in the Charlotte, NC market.


The Person We Are Looking For:


We are seeking a driven and personable Account Executive with experience in sales or real estate who excels at building relationships with property owners and real estate investors. This role involves delivering a tailored value pitch on how the PadSplit model and technology consistently drive superior rental income compared to traditional single-family rentals. The ideal candidate thrives in a remote environment, demonstrates strong communication skills, and wants to have an impact on the affordable housing crisis - one room at a time.


Here’s what you’ll do day-to-day:
  • Prospect and Qualify Leads: Research and identify potential property owners who might be interested in becoming PadSplit Hosts and qualify them based on suitability.
  • Conduct Outreach: Execute outreach strategies, including cold calling, emailing, and networking, to connect with traditional property owners.
  • Host Discovery Calls and Meetings: Engage property owners in initial conversations to understand their needs, goals, and potential barriers to joining PadSplit.
  • Deliver Value Propositions: Clearly articulate the benefits of PadSplit's model, such as increased revenue potential, simplified management, and societal impact.
  • Build and Nurture Relationships: Develop trust-based relationships with property owners, acting as a trusted advisor to address concerns and highlight opportunities.
  • Tailor Solutions: Customize hosting solutions based on the unique circumstances of property owners, including financial modeling, property suitability, and compliance requirements.
  • Close Deals: Guide property owners through the decision-making process, negotiate terms, and finalize agreements for onboarding as PadSplit Hosts.
  • Collaborate with Onboarding Teams: Coordinate with internal teams to ensure smooth onboarding for new Hosts, providing accurate property details and expectations.
  • Track and Report Metrics: Maintain detailed records in CRM systems, tracking outreach activities, conversion rates, and other key performance indicators.
  • Stay Updated on Market Trends: Monitor the real estate market, competitive landscape, and legislative changes to refine outreach and value propositions effectively.
  • Host Educational Sessions: Organize webinars or in-person sessions to educate property owners on PadSplit’s benefits and address common misconceptions.


Here’s what you’ll need to be successful:
  • Sales Experience: Proven success in B2B or B2C sales, particularly in the real estate or property management sectors, with a track record of meeting or exceeding sales targets.
  • Relationship-Building Skills: Strong interpersonal and communication abilities to build trust and long-term relationships with property owners.
  • Self-Motivation and Independence: High level of self-discipline and motivation to thrive in a remote, fast-paced startup environment with minimal supervision.
  • Adaptability and Problem-Solving: Ability to think on their feet, overcome objections, and tailor solutions to meet the unique needs of property owners.
  • Knowledge of Real Estate Markets: Familiarity with the dynamics of real estate investing, rental markets, and property management is highly desirable.
  • Tech Proficiency: Comfortable using CRM systems (we use Salesforce and Hubspot), sales enablement tools, and virtual communication platforms for outreach and reporting.
  • Strong Presentation Skills: Ability to confidently present PadSplit’s value proposition through virtual meetings, calls, or live presentations.
  • Analytical Skills: Capable of interpreting market data, calculating ROI, and presenting financial benefits to potential Hosts.
  • Team Collaboration: Effective at collaborating with cross-functional teams, such as marketing and onboarding, to ensure a seamless experience for new Hosts.
  • Entrepreneurial Mindset: Resilience and resourcefulness to tackle challenges and drive results in a rapidly changing startup environment.
  • PadSplit Core Values:  Consistently demonstrate our values of compassionate directness, high integrity, optimism, intellectual curiosity, strong work ethic, empathy, self-awareness.


The Interview Process:
  • Your application will be reviewed for possible next steps by the Hiring Manager.
  • If you meet eligibility requirements, the next step would be a video screen with a member of the PeopleOps team for about thirty (30) minutes.
  • If warranted, the next step would be a video interview with one of our Sales Managers for forty-five (45) minutes.
  • If warranted, the next step would be a video interview with a small panel of key stakeholders for one-and-a-half (1.5) hours.  For this interview, a candidate would present a short case study to the panel for discussion.
  • If warranted, the final step would be a video interview with our Head of Sales for thirty (30) minutes.
  • If warranted, then we move to offer!


Compensation, Benefits, and Perks
  • Fully remote position - we swear!
  • Competitive compensation package including an equity incentive plan
  • National medical, dental, and vision healthcare plans
  • Company provided life insurance policy
  • Optional accidental insurances, FSA, and DCFSA benefits
  • Unlimited paid-time (PTO) policy with eleven (11) company-observed holidays
  • 401(k) plan 
  • Twelve (12) weeks of paid time off for both birth and non-birth parents
  • The opportunity to do what you love at a company that is at the forefront of solving the affordable housing crisis


$60,000 - $65,000 a year
Compensation is based on the role's scope, market benchmarks, the person's expertise and experience, and the impact of their contributions to our business goals. In addition to the base salary, there is a commission component with an opportunity to make at least double your base.
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$65000K

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What You Should Know About Account Executive - Charlotte, NC, PadSplit

At PadSplit, we're excited to announce the opening for our Account Executive position in Charlotte, NC! If you're passionate about real estate and eager to make a difference in affordable housing, this role is perfect for you. As an Account Executive, you’ll play a pivotal role in expanding our marketplace by engaging traditional property owners to become PadSplit Hosts. Your mission? To help homeowners unlock additional income through our innovative shared housing model while tackling housing affordability challenges in the Charlotte area. You'll enjoy a dynamic day-to-day that includes researching potential leads, conducting outreach, hosting discovery calls, and delivering compelling value propositions that resonate with property owners. Building and nurturing relationships will be your forte, as you act as a trusted advisor guiding them through their decision-making process. Collaborating with our onboarding teams, you’ll ensure that new Hosts transition smoothly into our system. To thrive in this role, you should have solid sales experience - ideally in real estate or property management - alongside sharp analytical skills and a knack for presentation. Plus, you'll find that working in a fully remote environment suits your self-motivated and independent style perfectly. We’re looking for someone who shares our core values and is excited to join us in contributing to a greater cause. If you're ready to take your career to the next level while making a meaningful impact, we can’t wait to meet you!

Frequently Asked Questions (FAQs) for Account Executive - Charlotte, NC Role at PadSplit
What are the responsibilities of an Account Executive at PadSplit in Charlotte, NC?

As an Account Executive at PadSplit in Charlotte, NC, your responsibilities include prospecting and qualifying leads, conducting outreach through various strategies such as cold calling and networking, hosting discovery calls with property owners, and delivering tailored value propositions that highlight the benefits of the PadSplit model. You'll also build and nurture long-term relationships with property owners, close deals, and collaborate with onboarding teams to ensure a smooth transition for new Hosts. Staying updated on market trends and hosting educational sessions are also key aspects of the role.

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What qualifications are required for the Account Executive position at PadSplit?

To be successful as an Account Executive at PadSplit, candidates should have proven sales experience, preferably in B2B or B2C contexts within real estate or property management sectors. Strong interpersonal and communication skills for building relationships are essential, along with a self-motivated and independent work ethic for thriving in a remote environment. Familiarity with real estate markets, proficiency with CRM systems like Salesforce and Hubspot, and strong presentation and analytical skills are also highly desirable.

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What does a typical day look like for an Account Executive at PadSplit?

As an Account Executive at PadSplit, a typical day includes prospecting for potential property owners, executing outreach efforts through calls and emails, hosting discovery calls to understand property owner needs, and delivering compelling presentations on the benefits of becoming a PadSplit Host. You'll spend time building relationships, customizing solutions, and guiding property owners through the onboarding process to ensure they understand the financial benefits and support available. Additionally, tracking metrics and staying informed on market trends is crucial to your daily activities.

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How does PadSplit support its Account Executives in their roles?

PadSplit supports its Account Executives through a robust onboarding process, collaborative work environment, and access to key resources, including sales enablement tools and CRM systems. Regular training sessions and educational opportunities help keep the team updated on market trends and the latest company initiatives. Our emphasis on teamwork ensures Account Executives collaborate with cross-functional teams to address challenges and optimize their outreach efforts, setting them up for success in driving the mission of affordable housing.

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What are the compensation and benefits offered for the Account Executive position at PadSplit?

The Account Executive position at PadSplit offers a competitive compensation package ranging from $60,000 to $65,000 per year, along with a commission structure that allows for the potential to double your earnings. Benefits include fully remote work flexibility, national healthcare coverage, an equity incentive plan, unlimited paid time off with eleven company-observed holidays, and a supportive 401(k) plan. Additionally, new parents enjoy twelve weeks of paid time off, creating an inclusive and balanced work atmosphere.

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Common Interview Questions for Account Executive - Charlotte, NC
Can you describe your previous sales experience relevant to the Account Executive role at PadSplit?

When answering this question, focus on specific sales roles where you demonstrated success, especially within real estate or property management. Highlight your ability to meet or exceed sales targets, any unique strategies you employed to engage clients, and the results achieved. Sharing a measurable outcome, such as a percentage increase in sales or a successful campaign, can help convey your effectiveness.

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How do you approach building relationships with property owners?

In your response, emphasize the importance of trust, open communication, and personalized engagement. Discuss your strategy for understanding the property owner's needs and concerns through active listening, as well as techniques like follow-up communication and providing relevant information that aligns with their interests. Sharing a personal example can make your approach more relatable.

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What strategies would you use to engage traditional property owners?

To answer this question effectively, outline a multifaceted approach that includes researching property owners, using targeted outreach methods, and leveraging existing networks. Discuss how you would tailor your pitch to address their specific concerns or pain points, possibly relating to income generation or property management. Emphasizing your adaptability in modifying strategies based on feedback is also key.

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How do you stay motivated while working remotely as an Account Executive?

Explain your methods for maintaining motivation and productivity in a remote setting. This could include setting daily or weekly goals, utilizing technology to stay connected with your team, or creating a structured daily routine. Discuss how you manage time effectively to balance prospects, outreach, and relationship-building activities.

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Can you give an example of a time you overcame an objection from a potential client?

This question provides an opportunity to demonstrate your problem-solving skills. Share a relatable situation where you encountered resistance, outlining the objection raised. Detail the steps you took to address the concern, including how you presented data or alternative solutions to alleviate doubts. Finish with the outcome of the situation, reinforcing your ability to close deals.

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What do you consider when preparing a value proposition for property owners?

Discuss your approach to creating a compelling value proposition tailored to the property owner's context. Emphasize the importance of understanding their goals, financial situation, and concerns. Talk about how you gather relevant data to back your claims, especially concerning revenue potential and management simplicity, and ensure the proposal aligns with their needs.

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How would you handle a situation where a potential host is hesitant to join PadSplit?

Demonstrate your patience and understanding in your response. Describe strategies for dealing with hesitation, such as actively listening to the concerns raised and addressing them respectfully. Share how you might provide additional information or examples of success stories to reassure potential Hosts while also reinforcing the benefits of the PadSplit model.

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What tools and technologies do you use to enhance your sales efforts?

Provide insight into specific CRM systems, sales enablement tools, and communication platforms you are familiar with, including Salesforce, Hubspot, and virtual meeting software. Discuss how these technologies help you track leads, monitor progress, and enhance communication with property owners, ultimately improving your sales performance.

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How do you keep up with market trends in real estate?

Explain your methods for staying informed about real estate trends, such as following industry news, connecting with experts, attending seminars or webinars, and participating in local real estate groups. Mention how you leverage this knowledge in your outreach strategies and proposal tailoring.

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What qualities do you think are essential for an Account Executive at PadSplit?

Highlight the key qualities that are critical for success in the role, such as strong communication skills, self-discipline, adaptability, relationship-building abilities, and a passion for the mission of affordable housing. Providing a brief personal example of how you embody these qualities will strengthen your response.

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Our purpose is to solve our affordable housing crisis one room at a time while leveraging housing as a vehicle for financial empowerment.

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DATE POSTED
December 11, 2024

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