Managing Broker

Our client, a full service real estate firm is seeking a Managing Broker. This role is located in Brooklyn, NY.

This role offers base salary commission incentives.

Duties

• Lead and supervise the brokerage team to ensure smooth daily operations and exceptional client service.
• Supervise and support all licensed real estate agents and staff.
• Provide coaching, mentorship, and training for agents to improve performance and compliance.
• Oversee agent recruitment, onboarding, and retention strategies.
• Conduct regular performance evaluations and ensure accountability.
• Oversee property transactions, negotiations, and contract processes to facilitate successful sales and leasing deals
• Ensure compliance with Fair Housing regulations, state and federal real estate laws, and local licensing requirements
• Manage day-to-day operations of the brokerage office.
• Maintain accurate records of all listings, contracts, and client files.
• Implement systems and processes to streamline operations and increase efficiency.
• Develop and implement marketing strategies to promote listings and attract new clients
• Provide guidance on property management issues and support agents in customer service excellence
• Ensure the brokerage and agents adhere to all licensing regulations.
• Monitor continuing education and license renewals for all staff.
• Oversee audit preparation and review internal compliance procedures.
• Identify and mitigate risks in transactions and office practices.
• Track commission splits, overrides, and brokerage revenue.
• Prepare financial reports for the Principal Broker as needed.
• Monitor expenses and recommend cost-saving initiatives.
• Collaborate with Principal Broker to grow brokerage revenue and market presence.
• Maintain office policies, procedures, and vendor relationships.
• Approve contracts, agreements, and operational documentation as delegated by Principal Broker.
• Serve as the primary point of contact for staff inquiries and operational decisions.

Skills

• Strong negotiation skills to secure favorable deals for clients and the agency
• Excellent marketing abilities to effectively promote properties across various channels
• Multilingual or bilingual capabilities to serve diverse client populations effectively
• Exceptional communication skills for clear, professional interactions with clients, agents, and partners
• Deep understanding of Fair Housing regulations and real estate law to ensure compliance
• Proven experience in property management and real estate administration
• Outstanding organizational skills to manage multiple transactions and administrative duties efficiently