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Designated Broker - California, US (Remote)

Real is a fast-growing national real estate brokerage powered by technology. Real is currently operating in all U.S. states, Canada, and the District of Columbia. Founded in 2014, Real is a trailblazer in the Residential Real Estate industry, as we lead the disruption with our cutting-edge technology platform. We are on a mission to revolutionize the home-buying and selling process, making agents' lives better while creating lucrative financial opportunities for them.


For more information, visit https://www.onereal.com/

Job Summary:

We are seeking a Designated Broker for California, to join our team at Real. The Designated Broker is a full-time employee responsible for overseeing all real estate brokerage activities within the designated state. This individual ensures compliance with state and federal regulations, manages regional brokers for the state, supervises licensed real estate agents, and upholds the company’s operational and ethical standards. Acting as a leader, mentor, and compliance expert, the Designated Broker plays a critical role in maintaining the company’s reputation and ensuring successful real estate transactions.

Duties/Responsibilities:

  • Brokerage Operations: Act as the primary point of contact for the state, real estate commission and other regulatory bodies.

  • Review and approve all real estate transactions, including contracts, listings, and agreements, to ensure accuracy and compliance.

  • Develop and implement policies, procedures, and systems to streamline brokerage operations.

  • Monitor and approve marketing and advertising activities to ensure regulatory compliance.

  • Collaborate with the executive team to align state operations with overall company goals and initiatives.

  • Collaborate with other company departments to respond to, and oversee responses to, regulatory inquiries and compliance audits. 

  • Anticipate, identify and escalate risk scenarios and propose potential mitigations. 

  • Analyze the operational results of California and present suggestions for improvements. 

  • Leadership and Agent Support: Provide daily management and supervision of the Brokers within California.

  • Attract, train, mentor, and retain licensed agents, fostering a culture of collaboration and professional growth.

  • Provide guidance and support to agents on transactional matters, contract preparation, and client negotiations.

  • Organize ongoing training and development programs to ensure agents remain informed of industry trends, best practices and legal and forms changes.

  • Promote accountability by setting performance standards and providing regular feedback to agents.

  • Provide input on and oversee company policies that align with state and federal regulations and mitigate compliance risks. 

  • Compliance and Risk Management: Ensure all brokerage activities comply with state and federal laws, including, but not limited to, licensing requirements, RESPA regulations, and applicable federal and human rights legislation.

  • Supervise all licensed real estate agents to ensure adherence to company policies and regulatory standards.

  • Maintain updated knowledge of state-specific laws and regulations impacting the real estate industry.

  • Handle and resolve complaints, disputes, and compliance issues promptly and professionally.

  • Oversee the filing and maintenance of all required records, contracts, and transaction documents in accordance with state law.

Required Skills/Abilities: 

The Designated Broker, California will have a high level of integrity, expertise, and dedication to ensure the success of the brokerage and the compliance of its operations. 

  • Must hold an active real estate broker license with continuing education credits in real estate, management and legal compliance in California.

  • Minimum of 5 years of experience in real estate, with 2+ years in a supervisory or management role

  • In-depth knowledge of California real estate laws, industry standards and compliance requirements

  • Proven track record of successful leadership and agent mentorship

  • Exceptional communication, problem-solving, and organizational skills

Education and Experience:

  • Bachelor’s Degree preferred

  • Must hold an active real estate broker license in California.

  • Additional real estate designations is a plus

  • Previous experience managing at a national level is a plus

  • Experience working in a high-growth or multi-state real estate company

  • Proficiency with real estate software and technology platforms

Must Have: Ability to truly encompass our Company Core Values

  • Work Hard, Be Kind

  • Tech x Humanity

  • “We” are bigger than “me”.

Physical Requirements: 

  • Sit for long periods of time

Real Broker is proud to be an equal opportunity workplace employer. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

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Average salary estimate

$125000 / YEARLY (est.)
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$100000K
$150000K

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What You Should Know About Designated Broker - California, US (Remote), Real

Join Real as a Designated Broker in California! We're a pioneering national real estate brokerage that combines cutting-edge technology with a passion for innovation in the residential real estate sector. As the Designated Broker, you’ll not only oversee brokerage operations, ensuring compliance and ethical standards, but you'll also play a vital role in leading and mentoring regional brokers and agents. Your expertise will help create lucrative opportunities for our agents while enhancing their professional growth and performance. Here at Real, we pride ourselves on being a collaborative team; your insights will directly impact the effectiveness of our operations and the satisfaction of our clients. You will lead compliance audits, approve real estate transactions, and serve as the primary point of contact regarding all brokerage activities within California. With responsibilities ranging from overseeing marketing practices to organizing training programs for agents, your role will be crucial as we continue to disrupt the real estate industry with our innovative platform. We’re looking for someone with a solid background in real estate management, preferably with a strong track record of successful agent mentorship and a robust understanding of California laws. If you’re passionate about advancing the real estate landscape and enjoy a vibrant, supportive work culture, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Designated Broker - California, US (Remote) Role at Real
What are the responsibilities of the Designated Broker at Real in California?

As the Designated Broker at Real in California, your main responsibilities include overseeing all brokerage activities, ensuring compliance with state and federal regulations, approving real estate transactions, and leading a team of brokers and licensed agents. You’ll be the go-to expert for navigating compliance issues and will play a critical role in maintaining the company’s reputation. Your leadership will not only support operational efficiency but also foster professional growth among your agents.

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What qualifications are needed for the Designated Broker position at Real?

To qualify for the Designated Broker position at Real, candidates must hold an active real estate broker license in California and have a minimum of 5 years of experience in real estate, including at least two in a supervisory or management role. A strong comprehension of California real estate laws and proven leadership skills are essential. It's also beneficial to have a bachelor's degree and experience working in a high-growth or multi-state real estate company.

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What skills are essential for the Designated Broker at Real?

Essential skills for the Designated Broker position at Real include exceptional communication, organizational, and problem-solving abilities. You should also have in-depth knowledge of California's real estate market and compliance requirements. A successful track record of mentoring agents and leading teams, along with a proficiency in real estate software, will be key to thriving in this role.

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How does Real support its Designated Brokers in California?

Real supports its Designated Brokers through collaborative initiatives aimed at improving operational standards and enhancing agent performance. You will have ongoing training and development opportunities to stay current with industry trends and compliance updates. Moreover, you'll work closely with the executive team to align state operations with company goals, ensuring that you have the tools and resources needed to succeed.

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What is the company culture like at Real for Designated Brokers?

Company culture at Real is built around inclusivity and collaboration. We value hard work, kindness, and the principle that 'we' are larger than 'me.' As a Designated Broker, you'll find a supportive environment where your ideas are valued and where there’s a mutual commitment to the growth and success of both agents and the brokerage overall.

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Common Interview Questions for Designated Broker - California, US (Remote)
What steps do you take to ensure compliance in real estate transactions?

When addressing compliance in real estate transactions, I first ensure that I am well-versed in the latest state and federal regulations. I review all contracts, listings, and agreements for accuracy and completeness. Furthermore, I encourage open communication with agents to preemptively identify potential compliance issues during the transaction process.

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How do you approach leadership and mentorship in your role?

My approach to leadership and mentorship centers around open communication and collaboration. I believe in setting clear performance standards while also being approachable for guidance and support. I regularly organize training sessions to help my agents stay updated on market trends and best practices, fostering a culture of professional growth.

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Can you give an example of a challenging compliance issue you've resolved?

Certainly! In my previous role, we faced a significant compliance audit due to discrepancies in transaction records. I led a team to thoroughly investigate the issues, collaborating with agents to rectify any inaccuracies while implementing new procedures to prevent future occurrences. This experience reinforced my commitment to compliance and operational excellence.

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How do you keep your team motivated and aligned with company goals?

To keep my team motivated, I emphasize the importance of aligning their individual goals with the company's overall mission. Regular team meetings to celebrate achievements, provide feedback, and discuss challenges are crucial. I also ensure that each team member's efforts are recognized, promoting a cooperative and encouraging workplace.

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What are your strategies for handling disputes or complaints among agents?

My strategy for handling disputes involves active listening and mediation. I make it a priority to understand all perspectives involved before suggesting solutions. I encourage agents to communicate openly about their concerns, and I facilitate discussions to reach a satisfactory resolution while focusing on maintaining professionalism.

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What role does technology play in your management style?

Technology is integral to my management style as it streamlines operations and enhances communication. I leverage real estate software to track performance metrics and ensure compliance. Additionally, I encourage my agents to utilize technology for marketing and client management, empowering them to work efficiently in today's digital landscape.

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How do you approach training for new agents at Real?

When training new agents, I emphasize a comprehensive onboarding process that familiarizes them with our company's culture, tools, and compliance requirements. I pair them with experienced mentors to provide real-time guidance and gradually introduce them to transactional processes through role-playing scenarios. Continuous education is also vital to keep them informed of any changes in the industry.

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How do you foster a culture of accountability among agents?

Fostering a culture of accountability starts with setting clear expectations and performance standards. I conduct regular check-ins to provide constructive feedback and address any issues. By promoting transparency and teamwork, agents feel supported and empowered, which encourages them to take responsibility for their work and outcomes.

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How do you stay updated on changes in real estate laws and regulations?

I prioritize professional development by attending industry conferences, webinars, and training sessions focused on real estate laws and regulations. Additionally, I subscribe to relevant publications and networks to stay informed and actively participate in regulatory discussions. This proactive approach ensures that I remain knowledgeable and compliant.

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Why do you want to join Real as a Designated Broker?

I am drawn to Real because of its innovative approach to disrupting the real estate industry, and the commitment to empowering agents aligns closely with my leadership philosophy. I admire the company's core values and believe my experience and desire to foster a positive and supportive brokerage culture would make me an excellent fit for the team.

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Building your future, together! Our Values are: Work Hard, Be Kind - We care. We make things happen. Simply Great Service - We provide service from our hearts with skill and experience. Embrace, Resolve, Evolve - Sometimes, things go wrong. We...

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Full-time, remote
DATE POSTED
December 7, 2024

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