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Broker Manager Jobs in Springfield, MA (NOW HIRING)

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Broker Manager information

See Springfield, MA salary details

$26.4K

$77.7K

$135.5K

How much do broker manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for broker manager in Springfield, MA is $77,662.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,800.00 and $88,700.00 per year, depending on experience, location, and employer.

What is a broker manager?

Broker Managers are professionals responsible for overseeing and supporting a team of brokers within a company, typically in industries like insurance, real estate, or finance. They recruit, train, and manage brokers, set sales targets, and ensure compliance with industry regulations. Broker Managers also develop strategies to increase business, maintain relationships with key clients, and monitor market trends to adapt their team’s approach. Their leadership is crucial for achieving organizational goals and maintaining high performance among brokers.

What are some common challenges faced by broker managers when overseeing a team of brokers?

Broker Managers often encounter challenges such as balancing the diverse skill levels of team members, managing performance metrics, and ensuring compliance with ever-changing regulations. They are also responsible for motivating their team to meet sales targets while fostering a collaborative and ethical work environment. Effective communication and ongoing training are key to overcoming these challenges and supporting both individual and team success.

What are the key skills and qualifications needed to thrive as a broker manager, and why are they important?

To thrive as a Broker Manager, you need expertise in sales management, financial services, and regulatory compliance, often supported by a relevant bachelor's degree and industry certifications such as FINRA licenses. Familiarity with CRM systems, financial analysis tools, and compliance management software is typically required. Strong leadership, negotiation, and relationship-building skills help Broker Managers effectively lead teams and foster client trust. These skills ensure the effective oversight of brokerage operations, regulatory adherence, and the achievement of sales targets in a competitive financial environment.

What is the difference between Broker Manager vs Insurance Agent?

AspectBroker ManagerInsurance Agent
CredentialsLicenses in multiple insurance lines, management experienceState-specific insurance license, sales certification
Work EnvironmentOversees multiple agents or agencies, administrative rolesDirectly sells insurance policies to clients
Employer & Industry UsageInsurance agencies, brokerages, financial firmsInsurance companies, independent agencies
Search & Comparison IntentManagement, leadership, oversight rolesSales, client acquisition, policy selling

The main difference is that a Broker Manager oversees and manages insurance brokers or agents, focusing on team leadership and agency operations, while an Insurance Agent directly sells insurance policies to clients. Both roles require licensing, but the Broker Manager typically has additional management credentials and responsibilities.

Is being a broker manager a high paying job?

Broker managers typically earn a competitive salary that varies based on experience, location, and the size of the firm. They often receive bonuses and commissions related to the performance of their team or brokerage, which can significantly increase total compensation. Overall, it is considered a well-paying role within the financial and real estate industries.

What are the most commonly searched types of Broker jobs in Springfield, MA?

The most popular types of Broker jobs in Springfield, MA are:

What are popular job titles related to Broker Manager jobs in Springfield, MA?

For Broker Manager jobs in Springfield, MA, the most frequently searched job titles are:

What job categories do people searching Broker Manager jobs in Springfield, MA look for?

The top searched job categories for Broker Manager jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Broker Manager jobs?

Cities near Springfield, MA with the most Broker Manager job openings:

Broker Manager jobs near you
Infographic showing various Broker Manager job openings in Springfield, MA as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $77,662 per year, or $37.3 per hour.

Transaction Associate Manager

Cushman & Wakefield

Hartford, CT

$75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 21 days ago

Cushman & Wakefield rating

7.4

Company rating: 7.4 out of 10

Based on 159 frontline employees who took The Breakroom Quiz

114th of 208 rated real estate companies

Job description

Job Title

Transaction Associate Manager

Job Description Summary

Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global corporate services clients

Job Description

[Please delete this section before finalizing the Job Requisition: Below is an example Job Description for this Job Profile, and may need to be updated to reflect the specific responsibilities of this role. Please also ensure that you validate the selection of the Job Profile and placement of this Position in the Job Architecture before finalizing.]
POSITION SUMMARY
Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global corporate services clients. Responsibilities include market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product and mentoring and/or oversight of the Transaction Coordinator role.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
General:
Assist with the implementation of portfolio plans that align with client's real estate goals and objectives
Collaborate with C&W and non C&W brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including lease, sale, sublease and purchase
Manage the flow of key documentation and client communications
Review, and interpret financial analysis
Oversee revenue tracking of all transactions
Maintain database of transaction activity
Ensure accuracy of all transaction reports
Present transaction activity to client
Lead and/or facilitate client meetings
Provide suggestions for process and technical improvements relating to the transaction process
Assist with the on-boarding of new team members
May provide supervision for transactional team members and others team members supporting the transaction activity of the relationship
Process Management:
Assist with the development of standard forms and procedures
Implement standardized processes/playbooks that create maximum efficiencies and add value
Assist in measuring transactional performance
Ensure that all client and broker engagement documentation is executed
Transaction Management:
Coordinate field broker selection process
Assist with determining client needs and communicate project parameters
Coordinate negotiations and management of transactions
Coordinate legal review of all client leased/owned documents
Ensure accuracy of financial data and reporting
Resolve landlord/tenant disputes
Coordinate client site visits/market tours
Ensure all State real estate standards are met
Assist in the management of client rebate account
Strategic Planning:
Assist in the development of strategic real estate plans
Identify occupancy cost opportunities
Ensure implementation of agreed upon strategy
Produce and/or support business case development
Execute strategies by developing action plans
KEY COMPETENCIES
1. Client Service Skills
2. Communication Proficiency (oral and written)
3. Financial Analysis
4. Negotiation Skills
5. Organization Skills
6. Teamwork Orientation
7. Multi-Tasking
IMPORTANT EDUCATION
Bachelor's degree (BA/BS) required in any field; finance/real estate preferred
IMPORTANT EXPERIENCE
3+ years of real estate experience in transactions management or corporate real estate


Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 63,750.00 - $75,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailAccommodations@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: "Cushman & Wakefield"

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