Commercial Real Estate Agent (Entry-Level) at Marcus & Millichap

Detroit, Michigan, United States

Marcus & Millichap Logo
Not SpecifiedCompensation
Entry Level & New GradExperience Level
Part TimeJob Type
UnknownVisa
Real EstateIndustries

Skills

Key technologies and capabilities for this role

SalesCommunicationRelationship BuildingMarket ResearchNegotiationProblem SolvingProspectingReal Estate InvestmentFinancial Analysis

Questions & Answers

Common questions about this position

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

The position is 100% commission-based with no salary or draw provided, and all investment sales professionals are 1099 independent contractors.

Is this Commercial Real Estate Agent position remote or hybrid?

This information is not specified in the job description.

What skills are required for the entry-level Commercial Real Estate Agent position?

Key requirements include being self-motivated and ambitious, having above-average communication and relationship-building skills, high personal responsibility, honesty, empathy, goal-oriented mindset, and the ability to bounce back from rejection and solve problems creatively.

What is the company culture like at Marcus & Millichap?

The company emphasizes non-competitive management with a focus on training and development, offers best-in-class training and ongoing skills-development workshops, and provides a national platform (MNet) for access to listings along with structured mentorship programs.

What makes a strong candidate for this entry-level Commercial Real Estate Agent role?

Strong candidates are self-motivated, ambitious, goal-oriented individuals with excellent communication and relationship-building skills, high personal responsibility, honesty, empathy, and resilience to handle rejection while solving problems creatively; no prior 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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