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Pricing and Market Research Manager

2 weeks ago

Jeddah, Makkah Province, Saudi Arabia Evolutions Full time 90,000 - 120,000 per year

The Pricing and Market Research Manager will assist in developing pricing models and conducting market research to support project strategies and enhance the company's competitive edge. This role involves analyzing market data, monitoring industry trends, and providing actionable insights to support informed decision-making.

Key Responsibilities:

Pricing Model | Pricing Formulation | Real Estate Valuation | Comparative Market Analysis (CMA) | Market Insights | Financial Analysis | Reporting and Presentation| Regulatory Compliance

MAIN TASKS, DUTIES, RESPONEBILITIES:

Assist in developing and maintaining pricing models using a combination of market data and project-specific insights.

Conduct comparative market analysis (CMA) to support pricing.

Analyze market data, customer preferences, and competitor pricing to derive actionable insights for pricing optimization

Collaborate with senior team members to prepare pricing simulations and assess potential scenarios for various projects

Ensure accuracy, consistency, and accessibility of market research data by maintaining and organizing databases effectively

Collect and analyze data on market trends, competition, and economic indicators to identify opportunities and risks

Support the preparation of feasibility studies and project risk assessments by conducting data analysis and assisting with basic financial projections Stay informed of local real estate regulations and industry developments to align research with legal standards

Prepare and deliver clear, concise reports and presentations on market research findings and pricing insights, providing actionable recommendations for strategic decision-making by the Chief Investment Officer

Collaborate with the pricing and research team, contributing to discussions and brainstorming sessions to refine strategies and align findings with company objectives

Identify opportunities for process improvement in pricing and market research activities

Perform any other tasks assigned by the line manager

ESSENTIAL REQUIREMENTS:

Bachelor's degree in business administration, Accounting, Economics, or a related field. or a similar role in Real Estate Industry.

3 years of experience in pricing, market research, or a similar role, preferably in the real estate industry.