Designated Managing Broker, Commercial

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.