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Associate Broker Jobs in Elgin, IL (NOW HIRING)

Amwins

Assistant Vice President

Chicago, IL · On-site

$115K/yr

Assists in the training of Associate Brokers and Marketing Brokers We are looking for people with:  * Comprehensive knowledge of specialized field or area, sometimes acquired through a bachelor ...

Infosys

Principal - Insurance Brokerage

Lisle, IL · On-site

$154K - $193K/yr

Broker Integration with Carriers, Agents, and Reinsurers. * Digital transformation programs or ... Sales: Supports Associate Partners and Partners in pursuit and proposal work. Identifies ...

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All JobsAssociate Broker JobsAssociate Broker Jobs in Elgin, IL

Associate Broker information

See Elgin, IL salary details

$30.1K

$58.4K

$84K

How much do associate broker jobs pay per year?

As of Sep 5, 2026, the average yearly pay for associate broker in Elgin, IL is $58,380.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,500.00 and $72,700.00 per year, depending on experience, location, and employer.

What is an associate broker?

Associate brokers are licensed real estate professionals who have completed additional education and licensing requirements beyond those of a standard real estate agent. While they hold a broker's license, associate brokers typically work under the supervision of a managing or principal broker within a real estate firm. Their responsibilities often include assisting clients with buying, selling, or leasing properties, negotiating contracts, and sometimes overseeing other agents. However, unlike principal brokers, they usually do not own or manage the real estate brokerage themselves.

What are the key skills and qualifications needed to thrive as an associate broker?

To thrive as an Associate Broker, you need strong analytical skills, a deep understanding of real estate or insurance markets, and typically a relevant license or certification. Familiarity with CRM software, MLS systems, and document management tools is often required. Excellent negotiation, interpersonal, and client service skills help set top performers apart. These abilities are crucial for managing transactions efficiently, building trust, and achieving optimal outcomes for clients.

What are some typical challenges faced by associate brokers, and how can they effectively overcome them?

Associate Brokers often encounter challenges such as building a reliable client base, staying updated with market trends, and managing multiple transactions simultaneously. To overcome these, it's important to develop strong networking skills, invest time in ongoing professional education, and utilize technology for efficient transaction management. Collaborating closely with senior brokers and support staff also helps streamline processes and provides valuable mentorship opportunities. Maintaining excellent communication and organization will set you up for success in this competitive field.

What is the difference between Associate Broker vs Real Estate Agent?

FeatureAssociate BrokerReal Estate Agent
Required CredentialsReal estate license, additional broker licensing examReal estate license
Work EnvironmentCan operate independently, supervise agentsWorks under a broker, assists clients
Employer & Industry UsageReal estate brokerages, independent practiceReal estate brokerages, agencies
Common Search & ComparisonYesYes

In summary, an Associate Broker holds a real estate license and has completed additional licensing requirements, allowing them to operate independently or supervise agents. A Real Estate Agent typically works under a broker and assists clients in property transactions. The main difference lies in licensing and the ability to operate independently.

How do associate brokers get paid?

Associate brokers typically earn commissions based on the sales or leases they facilitate, often receiving a percentage of the transaction value. They may also earn fees for services such as property management or consulting, and their income depends on their sales performance and the commission split with their brokerage. Compensation structures can vary by firm and region, and some associate brokers may also receive a base salary or bonuses.

How much do associate brokers make in the US?

Associate brokers in the US typically earn a median annual salary of around $50,000 to $70,000, though earnings can vary based on location, experience, and the real estate market. They often work on commission and may need to obtain specific licensing and certifications to practice.

Is being an associate broker a high paying job?

Associate brokers typically earn a commission-based income that can vary widely depending on location, experience, and sales performance. While some may earn high incomes, others may earn modest salaries, making it a role with income potential that is not guaranteed and often depends on individual performance and market conditions.

What cities near Elgin, IL are hiring for Associate Broker jobs?

Cities near Elgin, IL with the most Associate Broker job openings:

Associate Broker jobs near you
Infographic showing various Associate Broker job openings in Elgin, IL as of August 2026, with employment types broken down into 1% As Needed, 67% Full Time, 30% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $58,380 per year, or $28.1 per hour.

Associate/Sr. Associate, Brokerage RE

Hilco Global

Northbrook, IL • On-site

$65K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 25 days ago

Job description

Company Overview
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, brand and intellectual property sectors, and more. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 850 professionals operating on four continents. Visit www.hilcoglobal.com.
Position Overview:
The Associate will play a key role in supporting and advancing the firm's deal execution and client service efforts. This position combines analytical rigor with strong communication and organizational skills. The ideal candidate is proactive, detail-oriented, and comfortable working cross-functionally in a fast-paced, transaction-driven environment.
Key Responsibilities:
Lead Generation & Market Outreach
  • Manage initial outreach efforts for active deals acting as a liaison from the market/interested buyers-to-Hilco.
  • Identify, research, and qualify new business opportunities across target markets with guidance from the team.
  • Conduct outbound outreach to property owners, brokers, lenders, and internal referral channels at any point during a sales cycle.
  • Track and monitor lead activity to help build and maintain a healthy sales pipeline.

CRM & Database Management
  • Maintain accurate, up-to-date records within the CRM, ensuring data integrity across all stages of the sales cycle.
  • Develop and manage workflows, tagging, and segmentation strategies to optimize prospecting and follow-up.
  • Produce CRM-driven insights to support team decision-making and pipeline forecasting.

Sales & Performance Reporting
  • Generate weekly, monthly, and ad-hoc sales and activity reports for leadership.
  • Analyze pipeline trends, conversion metrics, and outreach performance to identify opportunities and gaps.
  • Assist with preparing dashboards, presentations, and analytics for internal meetings.

Deal Lead Assistance
  • Support deal leads throughout the full sales lifecycle-including due diligence, marketing preparation, bid tracking, buyer qualification, and closing coordination.
  • Draft and review offering materials, buyer lists, timelines, and communication plans.
  • Coordinate cross-functional inputs from legal, marketing, finance, and leadership teams to ensure a smooth and efficient process.

Internal & External Liaison
  • Serve as a primary point of contact between internal departments, clients, and external stakeholders.
  • Assist with scheduling, meeting prep, follow-ups, and documentation to maintain alignment throughout the deal cycle.
  • Support client communication by preparing updates, summaries, and materials as requested.

Qualifications:
  • Bachelor's degree in Business, Finance, Real Estate, or related field.
  • Up to 3 years of relevant experience (Analyst through Senior Associate level).
  • Strong CRM proficiency (Salesforce, HubSpot, or comparable) or desire to learn.
  • Excellent verbal and written communication skills.
  • Ability to manage multiple projects, deadlines, and priorities with strong attention to detail.
  • Analytical mindset with familiarity in reporting, data interpretation, and Excel/Microsoft Office platforms.
  • Interest in commercial real estate, sales operations, or advisory services.

What We Offer:
  • Growth pathway from Analyst to Senior Associate and beyond.
  • Exposure to full deal cycles and direct interaction with senior leadership and Hilco deal makers.
  • Fast-paced, collaborative environment with meaningful responsibility from day one.

Annual base salary gross: $65,000-85,000. The base salary range represents the estimated low and high end of Hilco's salary for this position based on geography. Actual base salaries will vary and will be based on various factors, such as candidate's qualifications, skills, competencies and proficiency for the role. The base pay is one component of Hilco's total compensation package for employees. Other rewards and benefits include cash bonuses, long term incentives, health insurance, accident and life insurance, and retirement benefits.
Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, sexual orientation, genetic information, marital status, gender, veteran, or disability status.
Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/

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