Designated Managing Broker

• 5.0 Chicago, IL Remote From $24,000 a year - Part-time Relive Realty is a growing real estate brokerage with a strong focus on apartment locating and an expanding presence in residential sales. We are members of the Chicago Association of

REALTORS

® and are committed to providing our agents with the local guidance, resources, and leadership they need to succeed. We are seeking an experienced, approachable, and knowledgeable Designated Managing Broker (DMB) to support our Illinois brokerage operations, with a primary focus on our Chicago-area agents. This opportunity is ideal for an established real estate professional who enjoys mentoring agents, providing practical guidance, and helping a brokerage grow while continuing to build their own real estate business. This is a flexible, part-time independent contractor opportunity. The selected candidate may continue actively selling real estate, working with their own clients, and closing transactions while fulfilling the responsibilities of the DMB role. Position Overview The Designated Managing Broker will provide the brokerage supervision, regulatory oversight, and local support required for Relive Realty's Illinois operations. Our brokerage specializes in apartment locating and leasing while continuing to expand our residential sales business. We are looking for someone who understands the Illinois real estate market, can serve as a knowledgeable resource for agents, and is committed to maintaining compliant brokerage operations. The anticipated time commitment is approximately 10-20 hours per week, with the flexibility to accommodate the contractor's existing real estate business while meeting all applicable managing broker obligations.

Key Responsibilities Brokerage Oversight & Compliance:

Fulfill the statutory and regulatory responsibilities of the Designated Managing Broker under applicable Illinois real estate laws and regulations.

Local Agent Support:

Provide knowledgeable guidance to Illinois agents, particularly those operating in the Chicago area.

Apartment Locating & Leasing:

Assist with questions involving apartment locating transactions, leasing practices, client relationships, advertising, and compliance.

Residential Sales Support:

Provide guidance on residential purchase and sale transactions as Relive Realty expands in this market.

Agent Training & Mentorship:

Help agents understand relevant regulations, transaction procedures, brokerage policies, and professional best practices.

Transaction Oversight:

Provide appropriate supervision and guidance on contracts, transaction documentation, and issues requiring managing broker involvement.

Advertising Compliance:

Help ensure real estate advertising and marketing comply with applicable Illinois requirements.

Brokerage Policies & Procedures:

Support the implementation and maintenance of appropriate policies, procedures, and records.

Communication & Problem-Solving:

Serve as a knowledgeable resource for brokerage-related questions and help address issues in a timely, professional manner.

Ongoing Regulatory Oversight:

Maintain the supervision and compliance practices required for the DMB role. Required Qualifications Hold an active Illinois Real Estate Managing Broker License in good standing and meet the applicable requirements to serve as a Designated Managing Broker. Have relevant real estate industry experience and a strong understanding of brokerage operations and agent supervision. Demonstrate knowledge of Illinois real estate laws, regulations, licensing requirements, and transaction practices. Possess strong communication, organizational, and problem-solving skills. Be dependable, professional, responsive, and capable of fulfilling the legal responsibilities of the position. Be able to provide appropriate brokerage oversight within the agreed scope of the engagement. Preferred Qualifications Experience in the Chicago-area real estate market. Experience in apartment locating, residential leasing, or tenant placement. Experience in residential real estate sales. Previous experience serving as a managing broker or providing brokerage supervision. A passion for supporting agents and contributing to a growing real estate business. Compensation & Contract Structure Annual contract compensation range: 24,000-48,000. Independent contractor engagement, with compensation and payment terms established in a written agreement. Anticipated time commitment of approximately 10-20 hours per week. Flexibility to maintain an active real estate sales business, subject to applicable licensing requirements and brokerage arrangements. Primary focus on supporting Relive Realty's Illinois agents, particularly in the Chicago market. Work arrangements and availability to be established in the independent contractor agreement, consistent with applicable law and the responsibilities of the DMB role. As an independent contractor, the selected professional will be responsible for their own applicable taxes and tax filings. Benefits generally associated with employee positions are not included unless otherwise agreed or required by law. Why Work With Relive Realty?

Professional Flexibility:

Continue growing your own real estate business while taking on a brokerage leadership engagement.

Competitive Contract Compensation:

Earn annual contract compensation based on experience and the agreed scope of services.

Meaningful Impact:

Help agents navigate transactions, strengthen their skills, and build successful real estate businesses.

Diverse Business Opportunities:

Support a brokerage focused on apartment locating while expanding into residential sales.

Growth Potential:

Contribute to the continued development of Relive Realty's Illinois operations.

Collaborative Partnership:

Work with a growing brokerage that values agent support, practical guidance, and professional development. How to Apply Interested candidates should submit a resume and a brief overview of their Illinois real estate experience, managing broker qualifications, relevant apartment locating or residential sales experience, and availability. We look forward to connecting with an experienced Illinois Managing Broker interested in supporting a growing brokerage while maintaining flexibility in their own real estate career. Relive Realty is an equal opportunity business. --

Pay:

From $24,000.00 per year

Benefits:

Employee assistance program Flexible schedule Application Question(s): What is your Illinois Broker License number?

License/Certification:

Are you a licensed Real Estate Broker in Illinois? (Required)

Work Location:

Remote