Assistant Managing Broker

PROSPECT EQUITIES REAL ESTATE LLC

Chicago, IL

$40,000 to $80,000 Yearly
Full-Time

Job Description

About Prospect Equities Real Estate

Founded in the year 2000, the Prospect Equities® vision is engineered to represent clients with our full-service approach to real estate, paralleled with our innovative proprietary technology to guide buyers, sellers, renters, and investors successfully through the sales, leasing, or real estate investment process.

Prospect Equities®, an INC 500 Company, hires licensed agents in both our sales and leasing divisions who are looking to separate themselves from the competition through a cost-effective approach to accessing the latest in technology, branding, and training. We provide comprehensive agent support, marketing tools, and lead-generation software that gives our agents a competitive edge. We are headquartered in downtown Chicago, IL, and have branch offices in Illinois, New York and Florida.

Prospect Equities® is an equal opportunity employer, and observes Fair Housing Law.

ASSISTANT MANAGING BROKER

We are currently seeking to hire an experienced Real Estate Broker to assist in managing our IL sales division from our downtown Chicago office under the direction of the Designated Managing Broker (MB).

A Managing Broker’s License is not required at the time of hire. This role will groom you to eventually become the Designated Managing Broker of the office(s). You will be responsible for growth and production for the Sales Division. You will implement the business plan for the office(s) by coaching, training, and holding his or her brokers and staff to production standards.

The Assistant Managing Broker is expected to support and promote all company products, services, programs, and personnel to fulfill the company’s vision of delivering an extraordinary real estate experience for both its agents and clients.

This is an opportunity for a Broker with a desire to learn how to manage agents, handle office responsibilities, and grow production. Qualified candidates must be willing to grow their knowledge base, training skills, and leadership abilities.

Compensation and Benefits

Train under the Designated Managing Broker
$40,000 - $80,000 salary range based on your current experience.
Percentage of Division overrides based on your team’s performance.
Full Medical Insurance BCBS
Matching 401k retirement plan
Company-paid Life Insurance
Managers Office
Flexible office hours
Paid Holidays and Time Off

Essential Duties and Responsibilities:

Onsite required
Recruit and retain sales agents
Meet Division production goals
Operate the Sales Division to budget
Coach and train agents for success
Utilize the company’s training and script programs
Work with sales associates in developing their production
Assist sales associates in writing business and marketing plans
Work with the Marketing Team to develop Agent Branding for sales associates
Assist with Lead Generation by utilizing our software and proprietary applications
Host sales associate training seminars
Conduct weekly, bi-weekly, or monthly coaching and/or accountability meetings with sales associates.
Assist Administration and QC with files and contracts.
Attend and actively participate in company-sponsored events.
Comply with and enforce all company policies.

Requirements

Bachelor's Degree at a minimum
Must hold a current active Illinois Broker’s license.
Must be an active member of the Chicago Association of Realtors.
Minimum of 3 years of real estate sales experience and licensing.
Excellent customer service and communication skills.
Expertise in the real estate industry and all state and national Fair Housing and real-estate laws.
Leadership skills to guide a team of sales associates successfully.