Exchange Manager
New Yesterday
There are 17 million Americans who own rental property. Most don't want to be landlords anymore, but selling isn’t a good option. Why? You’d lose income and appreciation, trigger tax liabilities, kick out your tenants, have to fix up the house – the list goes on! Flock is here to help.
Flock’s mission is to provide every retiring landlord with the most cost-efficient and seamless exit. Our first product is a tech-enabled 721 Exchange for Single Family Rental landlords. Owners contribute properties into our professionally managed Fund, in exchange for passive equity ownership. It's a modern UPREIT model designed for sophisticated owners who want access to continued cashflows, liquidity, and diversification without triggering capital gains, disturbing tenants, or dealing with disposition friction. We’re now growing fast into the commercial and multifamily space and are looking for smart, entrepreneurial hustlers who want to help build something category-defining.
We recently raised our Series B, led by Renegade Partners, and are also backed by other top tier investors, including Andreessen Horowitz, Primary Ventures, SUSA Ventures, 1Sharpe Ventures, and leaders from Invitation Homes and Opendoor.
About the Role
We’re growing quickly and looking for an Exchange Manager to lead the operational engine behind the 721 exchange process. You are the primary point of contact for our clients during onboarding and play a critical cross-functional role supporting both our Acquisitions and Asset Management teams. You will own the diligence, documentation, and execution required to bring each deal to life.
This is a high-ownership, high-impact role for a detail-oriented and proactive professional who thrives on structure, can create a path in the face of ambiguity, and is ready to grow with a venture-backed startup transforming rental ownership.
At Flock, you’ll join a tight-knit team committed to changing the way people invest in and manage real estate. We're building something ambitious and enduring—and we want teammates who are excited by that challenge.
Key Responsibilities
Exchange Execution
Manage the transaction lifecycle using proprietary technology and partner platforms to close the exchange of real estate for equity in Flock’s Fund.
Ensure all requirements are met for title and fund administrator clearance
Coordinate closing logistics between clients, title, and internal signatories
Transfer property specific logistics to internal Asset Management team
Resolve any last-minute blockers or emergent issues to ensure a timely close
Act as the point of contact (internally and externally) for any property or client-related onboarding request or task
Maintain well-organized and accessible closing documentation for team-wide visibility
Lead the collection, review, and resolution of key legal and operational documentation to prepare deals for execution.
Review property ownership and legal structures (e.g., LLC documents, prior deeds, public records) in partnership with Legal
Validate lease agreements, amendments, and rent rolls
Identify and resolve discrepancies in documentation
Playbook & Process Development
Build scalable, repeatable, and tech-enabled processes to drive operational efficiency.
Maintain detailed playbooks for diligence and exchange workflows
Collaborate with leadership to identify and eliminate process bottlenecks
Recommend automation or tooling solutions to streamline future onboarding
Produce executive-level reporting on pipeline, status, and operational risks
Required Skills & Attributes
3–6 years of experience in operations, investor relations, or client success
Excellent written and verbal communication skills across functions and levels of seniority
Exceptional project management skills with a bias for action and ownership
Comfortable navigating ambiguous situations and building structure from scratch
Thrives in a fast-paced, high-growth startup environment
Strong sense of duty and extreme ownership mindset—you take initiative, raise the bar, and finish what you start
Nice to have: Strong understanding of real estate, title, or fund administration processes a plus
Even if you don’t meet 100% of the qualifications, we recommend applying to the role !
Compensation: The annual salary for this role is $80K-$115K, with target equity and benefits (including medical, dental, vision, and 401(k).
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- Location:
- New York, NY, United States
- Salary:
- $200,000 - $250,000
- Category:
- IT & Technology