Multifamily Investment Sales Agent at Marcus & Millichap

Memphis, Tennessee, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Investment BrokerageIndustries

Requirements

Self-motivated and ambitious
Above-average communication and relationship-building skills
High level of personal responsibility, honesty, and empathy
Goal-oriented with a focus on personal development
Recognizes value in synergistic team principals
Ability to bounce back from rejection and solve problems creatively

Responsibilities

New business development via client outreach (60+ calls per day), meetings, and industry events
Advising clients in achieving their investment real estate goals (valuation, acquisitions, and dispositions)
Preparing 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, Letter-of-Intents, and Purchase & Sales Agreements
Participating in best-in-class training and ongoing skills-development workshops

Skills

Key technologies and capabilities for this role

Cold CallingClient ProspectingReal Estate ValuationBroker Opinion of ValueMarket ComparablesNetworkingNegotiationProperty MarketingInvestment Analysis

Questions & Answers

Common questions about this position

What is the salary or compensation for this role?

Salary is not specified in the job description, but the role offers significant earnings potential as a 1099 independent contractor.

Is this position remote or onsite?

This is an onsite position requiring work from the Memphis office.

What skills are required for the Multifamily Investment Sales Agent role?

Key requirements include being self-motivated and ambitious, possessing above-average communication and relationship-building skills, high personal responsibility with honesty and empathy, goal-oriented focus on personal development, and the ability to recover from rejection while solving problems creatively.

What is the work environment like at Marcus & Millichap's Memphis office?

The environment is collaborative, with a proven agent development model, synergistic team principals, best-in-class training, ongoing skills-development workshops, and support from a corporate management team.

What makes a strong candidate for this sales agent position?

Strong candidates are self-motivated, ambitious entrepreneurs with excellent communication skills, high personal responsibility, goal-oriented mindset, resilience to rejection, and creative problem-solving abilities, who value team collaboration and personal development.

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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