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Designated Managing Broker – Commercial

Designated Managing Broker – Commercial

CompanyeXp World Holdings
LocationWashington, DC, USA, Fredericksburg, VA, USA, Dover, DE, USA, Baltimore, MD, USA
Salary$90000 – $100000
TypeFull-Time
DegreesBachelor’s, Master’s, PhD
Experience LevelExpert or higher

Requirements

  • Typically requires a minimum of 15 years of related experience with a Bachelor’s degree; or 12 years and a Master’s degree; or a PhD with 8 years experience; or equivalent experience.
  • Live in and maintain an active real estate broker license in the state with continuing education credits in real estate, management, and legal compliance.
  • Active Real estate broker license in DC, MD, VA and DE.
  • 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, Department of Commerce 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.
  • Possess the highest degree of ethics and integrity.
  • Willingness and ability to travel within the state.

Responsibilities

  • Responsible for the successful administration of eXp Commercial Brokerage operations in their state.
  • 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 agents 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, the Regional Operations Manager, 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.
  • Monitors state performance goals and enforces accountability for their achievement.
  • Ensures the implementation of the eXp Risk Management Program and valued risk management tools to eXp Commercial Agents.
  • Must be able to defend our company position at the state level in the event of a Real Estate Commission complaint or Board 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 agent base in terms of brokerage operations.
  • Supports the Managing Broker(s)(if applicable) by positively engaging with prospective agents who are interested in joining eXp Commercial.
  • Works hand-in-hand with the Managing Brokers (if applicable) for the overall success of eXp Commercial in their state.
  • Mediates issues between eXp Commercial agents within the state when required.
  • Coordinates distribution of inbound mail.

Preferred Qualifications

  • Skyslope experience strongly preferred.