What you will do:
The Commercial Designated Managing Broker will be responsible for the successful administration of eXp Commercial Brokerage operations in their state. In supporting our agents in the delivery of exceptional real estate brokerage service to their clients, this position will be accountable for all operational elements necessary to comply with individual state license laws, along with the transaction review process, compliance training, and the eXp Risk Management program. This person will have an exceptional track record as a supervising real estate broker of a medium to large firm, an understanding of commercial real estate brokerage at a state level, an aptitude for leading and inspiring teams, a collaborative approach, and a boundless work ethic. They must be a “people person” but also possess the ability to implement systems and processes.
As a key participant on the eXp Commercial state leadership team, the Commercial Designated Managing Broker ensures that eXp Commercial delivers exceptional brokerage support to agents in their representation of clients and customers
Acts in the capacity of the state Principal Broker
Conducts training to enhance agent’s knowledge and understanding of contract, risk management, licensing and state real estate laws
Promptly responds to agents request for assistance
Effectively consults and engages with eXp Commercial advisors and others in problem-solving of matters associated with difficult or complex transaction issues
Performs contract review and approvals to ensure legal and contractual compliance of transactions
Responsible for the administration and management of eXp’s State Trust Account according to state law (if one is required)
Collaborates with the Director of Commercial Brokerage Operations and eXp’s legal department to ensure that eXp Commercial’s state brokerage operations comply with all applicable laws and regulations including state license law
Ensures the implementation of the eXp Risk Management Program and demonstrates risk management tools to eXp Commercial advisors
Must be able to defend our company position at the state level in the event of a Real Estate Commission complaint
Manages and implements the ongoing enhancement of and compliance with company-wide and individual state commercial brokerage operations manuals
Supports innovation in how the company can efficiently support its growing state advisor base in terms of brokerage operations
Mediates issues between eXp Commercial advisors and eXp Realty agents when required
Consistently engages with our advisors on a monthly basis and tracks these engagements
Is a critical force in attracting advisors to the eXp Commercial brand and documenting these attraction efforts
Coordinates distribution of corporate guidance to our advisors through regular personal and group communication
Such other duties as may be assigned
How you will grab our attention:
Live in and maintain an active real estate broker license in the states of New York and New Jersey
A keen interest in and high-level experience in commercial real estate compliance activities including a deep knowledge and understanding of legal obligations of real estate professionals under the state and federal law, and Department of Real Estate Rules & Regulations
Proven track record of managing a large commercial brokerage firm, specifically from operations or a compliance perspective
Excellent communication skills - written, verbal and interpersonal communication skills across all levels of the organization
Highly collaborative and capable of working with internal partners to facilitate successful results
Ability to make quick decisions and solve problems using solid judgment
Skyslope experience strongly preferred
Possess the highest degree of ethics and integrity
Willingness and ability to travel within the state
BA/BS strongly preferred
High School Diploma/GED required
Typically requires a minimum of 5 years of related experience with a Bachelor’s degree
If you think you’d make a great match for this position but don’t meet all the requirements, we would still encourage you to apply!
What eXp Commercial provides:
Work from Anywhere
Flexible Time Off for Salaried Employees
401k with 4% match (immediate vesting)
Robust Medical, Dental, & Vision benefits
Company provided equipment
Monthly Technology Stipend
FSA & HSA with employer contributions
Health & Wellness incentives
100% Paid Parental Leave
The total pay for this position starts at $90,000 in our lowest geographic cost of living market up to $95,000 in our highest geographic cost of living market and is dependent upon many factors such as location, experience, skills, and training. Base pay is only one part of the total compensation package offered to employees in recognition of their hard work and is determined within a range to allow for growth and development within a role.
EEO Statement:
We believe strongly in the value of diversity and creating supportive, inclusive environments where our colleagues can succeed. As such, eXp is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, ancestry, national origin, religion, or religious creed, mental or physical disability, medical condition, genetic information, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, gender expression, age, marital status, military or veteran status, citizenship, or other protected characteristics under federal, state or local law.