Product Intern

Company Overview

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed, and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

Learn more about CoStar.

Role Description

We're looking for a creative, organized, and passionate individual to join the CoStar Group Product Development team to help us dream up and bring to life user-friendly products and applications. As a Product Intern, you will work hand-in-hand with Product Managers, Software Engineers, User Experience Designers, and other business partners to deliver features and enhancements across CoStar Group's products and platforms.

In this position, you'll have the opportunity to transform product concepts from idea to reality, collaborate with Agile software development teams, and help create intuitive customer experiences. You'll gain exposure to the full product development lifecycle, including product strategy, user research, requirements gathering, design, testing, launch, and performance measurement.

You'll also have the opportunity to learn how emerging technologies, including AI, analytics, and automation tools, are helping product teams better understand customer needs, improve workflows, and drive innovation

This position is located in Richmond, VA and offers a schedule of Monday to Thursday in office and the option to work from home on Friday.

Responsibilities

• Clearly articulate requirements in task, bug, feature, and project tickets.
• Maintain an up-to-date backlog based on product and business priorities.
• Work with UX/UI Designers to create wireframes and mockups for new products and features.
• Participate in Agile development meetings such as daily standups, sprint planning, and backlog refinement.
• Coordinate with Quality Assurance Analysts to perform acceptance testing on features prior to release.
• Manage communications with a variety of cross-functional stakeholders.
• Track and analyze product performance after launch.
• Perform user, market, and competitive research.
• Use KPIs, customer feedback, and research data to identify opportunities for product improvement.
• Research industry trends and emerging technologies, including AI-enabled products and workflow automation, to identify opportunities that enhance customer experiences and business outcomes.
• Bring ideas for product optimization and new feature development to the team.

Basic Qualifications

• Currently pursuing a bachelor’s degree from an accredited, not-for-profit university or college in Business, Finance, Economics, Real Estate, Analytics, Information Systems, Computer Science, or a related field.
• Must be planning to return to school following the completion of the Summer 2027 internship.
• Must have an expected graduation date of December 2027 - June 2028.
• Minimum 3.0 cumulative GPA.
• Available to participate in the full 10-week summer internship program and commit to a 40-hour work week throughout the internship.
• Coursework, project, internship, leadership, or work experience related to product development, technology, business analysis, customer experience, analytics, information systems, computer science, real estate, finance, economics, or a related field.
• Ability to communicate clearly in writing and verbally with team members and stakeholders.
• Ability to contribute both independently and as part of a team.
• Drive to identify and deliver software solutions that solve a user-facing or business problem in smart, scalable ways.

Preferred Qualifications

• Exposure to Agile methodologies, product development processes, or software development teams.
• Exposure to UI/UX principles, wireframes, mockups, user research, or customer experience design.
• Experience using data, customer feedback, research, or KPIs to inform recommendations or decision-making.
• Interest in technology, data, emerging trends, AI-powered products, or workflow automation tools.
• Experience balancing multiple tasks, deadlines, or project responsibilities.

What's in it for you?

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.

The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

Base Compensation: $26-$30 (Hourly)

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing