Commercial Real Estate Agent at Marcus & Millichap

Tampa, Florida, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Commercial Real Estate, Real Estate InvestmentIndustries

Requirements

Self-motivated, ambitious, and inspired to succeed
Above-average communication and relationship-building skills
A high level of personal responsibility, honesty, and empathy
Goal oriented, with a focus on personal development
Able to bounce back from rejection and solve problems creatively
No real estate experience or license required

Responsibilities

Advising clients in the development and execution of their individualized real estate investment strategies
Preparing thoughtful analyses of clients' properties, including broker opinions of value (BOV), market comparables, and research
Researching the local market and staying up-to-date on industry trends
Marketing exclusive property listings to qualified buyers
Prospecting new client relationships and networking with other industry professionals
Negotiating exclusive listing agreements, and purchase and sales agreements
Participating in best-in-class training and ongoing skills-development workshops

Skills

Key technologies and capabilities for this role

Real Estate SalesInvestment BrokerageMarket AnalysisBroker Opinion of ValueProspectingNetworkingNegotiationClient AdvisingMarket Research

Questions & Answers

Common questions about this position

What is the compensation structure for this Commercial Real Estate Agent position?

The role is 1099 employment with no salary or draw provided, but it offers significant earnings potential and no glass ceiling on income through commissions.

Is this position remote or does it require working in the Tampa office?

This information is not specified in the job description.

What skills and attributes are ideal for this Commercial Real Estate Agent role?

Ideal candidates are self-motivated, ambitious, with above-average communication and relationship-building skills, high personal responsibility, honesty, empathy, goal-oriented focus, and resilience to rejection with creative problem-solving.

What is the company culture like at Marcus & Millichap?

The culture emphasizes collaboration and information sharing through the national MNet platform, team-oriented training and mentorship programs, and non-competitive management focused on coaching agents to grow their businesses.

What makes a strong candidate for this role at Marcus & Millichap?

A strong candidate is driven, entrepreneurial, self-motivated, with excellent communication skills, resilience, and a goal-oriented mindset; no real estate experience or license is required.

Marcus & Millichap

Commercial real estate brokerage and advisory services

About Marcus & Millichap

Marcus & Millichap specializes in commercial real estate investment sales, financing, research, and advisory services across the United States and Canada. The firm operates with a team of 2,000 professionals in 80 offices, serving clients such as real estate investors, property owners, and developers. They assist clients in buying, selling, and financing various types of commercial properties, including multifamily housing, retail, office, industrial, and hospitality. The company earns revenue primarily through commissions on property sales and financing arrangements, as well as fees for their research and advisory services. What sets Marcus & Millichap apart from competitors is their focus on specialization, commitment to client results, and the integration of research and technology to enhance their services. Their goal is to provide tailored solutions that lead to successful outcomes for their clients in the commercial real estate market.

Calabasas, CaliforniaHeadquarters

1971Year Founded

$28.1MTotal Funding

IPOCompany Stage

Consulting, Real EstateIndustries

1,001-5,000Employees

Benefits

Medical

Dental

Vision

Flexible Spending Plans (Medical, Dependent Care, Commuter)

401(k) Plan with Company Match

Company Sponsored Long-Term Disability Coverage

Additional Voluntary Long-Term Disability Coverage

Company Sponsored Group Life/AD&D

Additional Voluntary Life/AD&D

Employee Assistance Program (EAP)

Paid Time Off (paid vacation time, paid sick time, and paid Company holidays)

Educational Assistance

Employee Referral Program

Fitness Membership Discount Program

Credit Union Membership

Risks

Rising interest rates may reduce the volume of commercial real estate deals.

Remote work trend could decrease demand for office spaces.

E-commerce growth challenges demand for traditional retail properties.

Differentiation

Largest firm specializing in real estate investment sales and financing in North America.

Operates over 80 offices with 2,000 professionals in the U.S. and Canada.

Focuses on specialized services tailored to commercial real estate clients' needs.

Upsides

Increased demand for grocery-anchored retail centers boosts transaction opportunities.

Growing interest in high-quality medical properties enhances market appeal.

Significant investment opportunities in North Jersey's multifamily sector.

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