Commercial Real Estate Sales Manager at Marcus & Millichap

Houston, Texas, United States

$60,000 – $90,000Compensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Consumer Goods, Financial ServicesIndustries

Skills

Key technologies and capabilities for this role

Microsoft OfficeNegotiationBusiness DevelopmentContract ManagementProblem-solvingCommunicationLeadership

Questions & Answers

Common questions about this position

What is the compensation structure for the Sales Manager role?

The position offers a salary base with bonus potential, unlike a 100% commission structure.

Is this role remote or onsite?

The position is onsite at the Houston office.

What skills are required for this position?

Required skills include strong problem-solving abilities, outstanding interpersonal skills, exceptional organizational skills, advanced proficiency in Microsoft Office Suite, and proactive leadership with effective communication skills. Candidates must also be experienced Commercial Real Estate Agents/Brokers with significant transactional experience and hold a Bachelor's degree.

What is the work environment like at Marcus & Millichap?

The role involves leading in a collaborative and competitive environment, mentoring agents, and working with a large team of nearly 1,700 investment sales and financing professionals across 80+ offices.

What makes a strong candidate for this Sales Manager position?

A strong candidate has a proven track record in closing transactions, building long-term client relationships, significant transactional experience as a Commercial Real Estate Agent/Broker, and a strong desire to mentor others.

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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