Nicholas Norton

Nicholas norton

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location of Nicholas NortonGreater Seattle Area
Followers of Nicholas Norton292 followers
  • Timeline

  • About me

    Property Manager @ Sun Ridge (30 unit Apartment Building) | Residential and Commercial RE | PropTech | Investment Analysis

  • Education

    • University of washington

      2012 - 2015
      Pre-engineering
    • Seattle university

      2016 - 2017
      Bachelor's of science mathematics 3.5

      Activities and Societies: Member of the Seattle University Math Club Senior Thesis: “Sabermetrics: The Effect of the Designated Hitter (DH) in Major League Baseball (MLB)”• Using R, conducted data analysis and statistical testing to MLB data archives (97000 games)• Conclusion: The use of a DH resulted in more total runs per game was statistically significant in 75% of seasons• Teams using a designated hitter averaged 0.28 more runs per game• Presented research and conclusions to students and faculty of the Seattle University math department

  • Experience

    • Norton company ii, llc

      Jan 2015 - now
      Property manager (part-time) for 30-unit multifamily property

      ● Learned first-hand experience to perform proprietor responsibilities and property management skills including daily operations with tenants and vendors.● Supervised as the general contractor for the remodeling of the front-entrance, building a workshop, and rehab and renovation of 9 units--leading to rent increases exceeding 10%.● Developed and expanded marketing/advertising for apartment listings to various online listing platforms that attracted 40% more rental applications within the first week of listing.● Planned annual budget analysis to maintain a steady positive cash flow while forecasting to save for future capital expenditures and reserves for unexpected emergencies.● Created financial analysis tools to explore opportunities of selling and buying assets utilizing the 1031 Exchange process to improve cash flow and profitability. Show less

    • Marcus & millichap

      Mar 2018 - Jan 2019
      Multifamily research analyst and sales apprentice

      ● Obtained license and practiced real estate in Washington.● Evaluated financial models and profit and loss statements for clientele assets to show market value and the equity gained in their properties.● Analyzed economic data and multifamily trends to help determine market positioning and investment opportunities while maintaining their risk tolerance.● Assisted The Ufkes Group in $101 million of multifamily investment sales in 2018 by analyzing market conditions and marketing research for clientele property types and upleg opportunities.● Collected data for real estate databases by talking to clients and conducting online research giving our team a competitive advantage with up-to-date information on current and market conditions in the Pacific Northwest. Show less

    • Zillow group

      Mar 2019 - Nov 2021
      Pricing analyst, acquisitions

      ● Launched Zillow Offers in Austin and San Antonio and remained the pricing analyst contact for local broker partners, inspection, and renovation teams.Performed residential property analysis and assessed risk for assets in Phoenix, Denver, Austin, Dallas, ● Houston, San Antonio, Minneapolis, including the acquisition of 437 properties worth over $131 million and the valuation of 4,228 properties.● Categorized areas of improvement and recommend solutions for improvement for mispriced homes by home type, geography, and asset condition to understand common themes to focus on areas that we can control and discard homes with high levels of uncertainty and risk and recommend solutions for improvement.● Selected by management to train and mentor new hires in navigating the MLS, creating CMAs, analyzing local market trends, and auditing scoping reports. Show less

    • Orchard

      Apr 2022 - Nov 2023
      Pricing analyst

      ● Performed residential real estate valuations and risk assessment for cash offers and "buy before you sell" services.● Completed over 2,000 valuations exceeding over $800m in Atlanta, Austin, Dallas, Denver, Houston, San Antonio.● Reviewed, revised, and approved peer CMAs valuations and underwrites on high risk and high value properties.● Completed over 350 virtual consultations with customers in the due diligence phase to better understand updates to the property and the needed repairs and maintenance to determine property values.● Underwrote properties accurately for profitable resales by appraising photos and inspection scoping reports conducted by in-the-field teams.● Collaborated across multi-functional platforms and teams---such as the in-the-field operation teams and remote sales teams---from valuing and underwriting the home to helping sales effectively communicate features, selling points, and opportunities with the customer's property.● Consistently exceeded volume, speed-to-offer, and accuracy targets (above 110% above the team average) while maintaining an accuracy of 38% within 3% of the actual sales price. Show less

  • Licenses & Certifications

    • Nicholas norton

      State of washington
      Sept 2018
  • Volunteer Experience

    • Volunteer Receptionist (bi-weekly, 3 hour shifts)

      Issued by Homeward Pet Adoption Center on Jan 2018
      Homeward Pet Adoption CenterAssociated with Nicholas Norton