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Designated Broker - DMV Region, 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 the DMV area, 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 the DMV area and present suggestions for improvements. 

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

  • 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 for the DMV area 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 the DMV area.

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

  • In-depth knowledge of DMV area 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 the DMV area.

  • 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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CEO of Real
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Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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

Join Real as a Designated Broker for the DMV Region! As part of our fast-growing national real estate brokerage, you'll lead our team in Newark from the comfort of your home. Established in 2014, Real is transforming the way real estate is done by combining top-notch technology with an agent-first approach, making it a lucrative place to thrive. In this role, you'll oversee all brokerage activities in the DMV area, ensuring compliance with state and federal regulations while supervising regional brokers and licensed agents. Embrace your leadership skills as you mentor and attract talented agents, fostering a collaborative culture of growth and excellence. Your daily responsibilities will include reviewing and approving transactions, monitoring marketing for regulatory compliance, and working closely with our executive team to align regional efforts with company goals. You will also help resolve any disputes or compliance issues that may arise, ensuring our operations run smoothly while always upholding the highest ethical standards. With a strong background in real estate management and a commitment to professional development, you will be pivotal in maintaining Real's stellar reputation. If you're ready to make a significant impact and be part of a cutting-edge company that values hard work and kindness, we want to hear from you!

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

As a Designated Broker at Real, you will oversee all brokerage activities in the DMV region, ensuring compliance with state and federal laws. Your responsibilities include reviewing contracts, supervising licensed agents, developing policies for streamlined operations, and supporting your team with training and mentorship. Your leadership will directly influence the performance of agents and the overall success of the brokerage.

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What qualifications do you need to apply for the Designated Broker role at Real?

To apply for the Designated Broker position at Real, candidates must hold an active real estate broker license in the DMV area, along with a minimum of five years of real estate experience and at least two years in a supervisory role. Additionally, in-depth knowledge of DMV real estate laws and a proven track record in leadership and mentorship are essential qualifications.

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How does Real support its Designated Broker in the DMV region?

At Real, we support our Designated Broker in the DMV region through robust training and ongoing development programs. You will have access to cutting-edge technology platforms, industry insights, and regulatory resources to help streamline operations and promote agent success. Furthermore, collaboration with the executive team ensures that your efforts align with the broader company goals.

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What skills are essential for a successful Designated Broker at Real?

Successful Designated Brokers at Real possess exceptional communication, problem-solving, and organizational skills. They also demonstrate high integrity and expertise in real estate management, along with a commitment to mentoring and developing agents. A deep knowledge of compliance and risk management and the ability to drive team performance are also vital for success.

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What is the work environment like for a Designated Broker at Real?

Working as a Designated Broker at Real is both dynamic and flexible, allowing you to work remotely from Newark. You’ll be part of a collaborative culture that values community and professional growth. The role offers the opportunity to shape brokerage practices while providing mentorship and support to agents, ensuring a fulfilling work experience.

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Common Interview Questions for Designated Broker - DMV Region, US (Remote)
Can you describe your experience in managing real estate agents?

When answering this question, discuss your previous roles in which you managed or supervised agents, detailing your leadership style, how you fostered communication, and the methods you used to mentor and develop them. Provide specific examples of how your guidance led to improved agent performance.

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How do you ensure compliance with state and federal real estate regulations?

It's important to showcase your understanding of regulatory frameworks. Discuss your strategies for staying informed on laws and compliance updates, as well as your approach to training agents and reviewing transactions to ensure adherence. Highlight any software or tools you utilize to manage compliance workflows.

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What policies have you implemented in past brokerage operations to increase efficiency?

Share specific policies that you've developed or implemented that streamlined operations or improved compliance. Discuss how you identified needs for change and the steps you took to design these policies, including any measurable outcomes that resulted from your initiatives.

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How do you handle disputes or compliance issues among your agents?

Explain your conflict resolution skills and provide an example of a situation where you addressed and resolved disputes effectively. Emphasize your ability to listen, mediate, and find solutions that align with company values while keeping the best interests of clients and agents in mind.

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Can you provide an example of how you have developed training programs for agents?

Discuss a training program you've created or improved, detailing the content covered, the methodology used, and how you assessed its effectiveness. Be sure to mention any feedback received from agents that illustrates the program’s success.

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What do you think are the most important qualities of a successful Designated Broker?

Discuss qualities such as integrity, leadership, industry knowledge, communication skills, and the ability to mentor effectively. Provide examples of how you embody these qualities in your professional interactions and decision-making processes.

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

Highlight your commitment to continuous learning through professional networks, industry publications, webinars, or conferences. Discuss how you apply this knowledge to your role to benefit your team and company.

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Describe a time when you had to advocate for your team and how you handled it.

Share a specific instance where you took action to support your team, detailing the situation, your approach, and the outcome. Explain how this reinforced your leadership and commitment to team success.

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What tools or technology do you use to enhance brokerage operations?

Discuss specific software or technology platforms you have experience with that enhance brokerage operations, including how they improve efficiency, assist with compliance tracking, and support agent performance. Mention any new technologies you are eager to explore.

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How do you foster a culture of collaboration among your agents?

Provide insights on your approach to building a collaborative environment, including team-building activities, open communication channels, and regular performance feedback sessions. Highlight examples of successful collaborative projects or outcomes that emerged from this culture.

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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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