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PropHero is an AI-driven marketplace transforming property investment, backed by global VCs and founded by McKinsey alumni. This Supply Scouter role is based in Madrid and covers central Spain (including Toledo and Guadalajara).
You will source investment-grade residential properties that meet PropHero's investment criteria—location, price, rental yield, and renovation potential—building a steady pipeline of opportunities for investors. Key responsibilities include:
• Source and identify properties across Madrid and central Spain that align with investment criteria
• Build and maintain a strong network of local real estate agencies, agents, property developers, investment funds, family offices, and off-market sources
• Visit and assess properties on site, evaluating condition, renovation needs, and neighborhood dynamics; report findings with photos, data, and clear go/no-go recommendations
• Conduct first-level financial analysis (purchase price, renovation costs, expected rent, gross/net yield) using PropHero's tools and market data
• Negotiate price and conditions with sellers and agents, working with Sales, Renovation, and Legal teams to move properties from offer through reservation and purchase
• Maintain the sourcing pipeline and Vistral (back-office tool), track supply KPIs (properties sourced, visits, offers, conversion to purchase), and share local market insights to refine investment strategy
The company values a growth mindset, diverse collaboration, continuous learning, and career advancement in an early-stage startup scaling globally.
REQUIREMENTS:
• 5+ years of experience in residential real estate (property scout, real estate agent, acquisitions, investment analyst, or similar role) with solid knowledge of Madrid and central Spain markets
• Bachelor's degree in Business, Economics, Real Estate, Architecture, or related field preferred; equivalent hands-on real estate experience valued
• Strong negotiation and relationship-building skills; analytical mindset for yield and renovation assessment; proactive, autonomous, and results-driven
• Native-level Spanish; valid driving license; availability to travel frequently within the region
• Confident user of real estate portals (Idealista, Fotocasa, Habitaclia), spreadsheets (Excel/Google Sheets), and back-office tools (Vistral); familiarity with property valuation or market-data tools is a plus
• Intermediate English for communication with globally distributed teams
