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eXp World Holdings, Inc.

Commercial Designated Managing Broker - TN / NV - (REMOTE)

Posted 11 hours ago
5-10 years experience
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AI Summary

The Commercial Designated Managing Broker oversees state-level brokerage operations, ensuring compliance with license laws and risk management protocols. They provide leadership and support to advisors, manage transaction reviews, and act as the principal broker for the state.


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 Advisors 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 our Advisors in their representation of clients and customers


  • Acts in the capacity of the state Principal Broker
  • Conducts training to enhance advisor’s knowledge and understanding of contract, risk management, licensing and state real estate laws
  • Promptly responds to advisors requests 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 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 advisors 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:

Must live in and maintain an active real estate broker license in the respective state.

  • 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
  • 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 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


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.

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