Principal Real Estate Broker Position Available In Shelby, Tennessee
Tallo's Job Summary: The Principal Real Estate Broker at Reedy & Company in Memphis, TN earns an estimated $66.7K - $104K a year. This role involves managing a team of real estate agents, overseeing property transactions, ensuring compliance with regulations, and driving growth and profitability. Qualifications include a high school diploma, a valid driver's license, communication skills, and a Bachelor's degree.
Job Description
Principal Real Estate Broker Reedy & Company – 4.0
Memphis, TN Job Details Full-time Estimated:
$66.7K – $104K a year 3 hours ago Qualifications Management Sales Microsoft Office Real Estate Broker High school diploma or GED Analysis skills Driver’s License Bachelor’s degree Team management Senior level Business Leadership Communication skills Negotiation Time management
Full Job Description Job Summary:
The Principal Real Estate Broker is responsible for leading a real estate brokerage, managing a team of real estate agents, and ensuring the successful execution of property transactions. This role involves supervising sales, negotiating contracts, maintaining compliance with state and federal real estate regulations, and driving the brokerage’s growth and profitability. The Principal Broker serves as the primary point of accountability for the firm’s operations and reputation.
Key Responsibilities:
Brokerage Management :
Oversee daily operations of the brokerage, including staffing, budgeting, and strategic planning to meet business goals.
Agent Supervision :
Recruit, train, and mentor real estate agents, ensuring they adhere to ethical standards and licensing requirements.
Transaction Oversight :
Review and approve contracts, listings, and transaction documents to ensure accuracy and compliance with real estate laws.
Compliance :
Maintain up-to-date knowledge of local, state, and federal real estate regulations, ensuring the brokerage operates within legal guidelines.
Client Relations :
Build and maintain relationships with clients, providing expert guidance on property sales, purchases, and investments.
Business Development :
Develop marketing strategies, expand the brokerage’s market presence, and identify new revenue opportunities.
Risk Management :
Resolve disputes, mediate conflicts, and address legal or ethical issues that arise during transactions.
Financial Oversight :
Monitor the brokerage’s financial performance, including commissions, expenses, and profitability.
Qualifications:
Education :
Bachelor’s degree in business, real estate, or a related field (preferred but not always required).
Licensing :
Active Real Estate Broker’s License in the state of operation (specific requirements vary by jurisdiction).
Experience :
Several years of experience as a licensed real estate agent or broker, with a proven track record in sales and leadership.
Skills :
Strong leadership and team management abilities. Expert knowledge of real estate markets, laws, and practices. Excellent negotiation and communication skills. Proficiency in real estate software (e.g., MLS systems, CRM tools). Analytical skills for financial and market analysis.
Certifications :
Optional designations like Certified Real Estate Brokerage Manager (CRB) or Accredited Buyer’s Representative (ABR) are a plus.
Qualifications:
High School diploma or equivalent (GED) Valid Driver’s License and proof of insurance Effective and professional verbal and written communication skills Strong organizational and time management skills High level of initiative and dependability Proficient with MS Office/ Google products
Work Environment:
Primarily office-based. Requires sitting for extended periods. May involve some light physical activity, such as filing and lifting boxes. Physical Demands and Work Environment Frequent sitting, standing, and reaching. Occasional lifting and/or moving up to 50 pounds. Repetitive use of hands and fingers for typing and using computer peripherals. Note This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job -related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship. Equal Employment Opportunity Reedy & Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability status, genetics, protected veteran status, or any other characteristic protected by law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. zuJeG5F19l