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Managing broker skills for your resume and career

Updated January 8, 2025
3 min read
Below we've compiled a list of the most critical managing broker skills. We ranked the top skills for managing brokers based on the percentage of resumes they appeared on. For example, 17.6% of managing broker resumes contained mls as a skill. Continue reading to find out what skills a managing broker needs to be successful in the workplace.

15 managing broker skills for your resume and career

1. MLS

MLS means multiple listings services that depict a private or personal offer and contribution of an organization done by listing brokers and other real estate brokers. It refers to a database created involving real estate brokers to give information or data concerning all property or estates on sale. In it, both parties involved in the agreement benefit by sharing the commission and information.

Here's how managing brokers use mls:
  • Created and maintained accurate MLS listings as well as developed and distributed unique advertising materials.
  • Conducted extensive property analysis and valuations via MLS software.

2. Real Estate Brokerage

Here's how managing brokers use real estate brokerage:
  • Managed the operation and administration of a co-owned real estate brokerage company.
  • Established a real estate brokerage specializing in sales and property management.

3. Real Estate Sales

Here's how managing brokers use real estate sales:
  • Recognized as a valued and well-respected leader to sales staff on all facets of real estate sales and business operations.
  • Managed, recruited, trained, developed and motivated a staff of 10 - 15 Real estate sales associates.

4. Financial Analysis

Here's how managing brokers use financial analysis:
  • Provided market, financial analysis, and commercial real estate advisory and transaction management services.
  • Generated financial analysis and closing data for client reporting and in-house file documentation.

5. Property Management

Property management is the regular oversight of commercial, residential, or industrial real estate by a third-party contractor. Property management includes the day-to-day care of the property, fixing minor and major issues, and monitoring the security of the property.

Here's how managing brokers use property management:
  • Provided property management, including identifying interim users, and negotiated and managed farm leases to maintain agricultural tax status.
  • Core responsibilities include counseling experienced staff members, training new staff members and direction of property management division.

6. Real Estate Law

Here's how managing brokers use real estate law:
  • Completed all continuing education including Advanced Real Estate Law and Broker Management for renewals.
  • Trained associates on all contract rules and regulations in accordance to Arizona real estate laws and guidelines.

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7. Regulatory Compliance

Here's how managing brokers use regulatory compliance:
  • Developed regulatory compliance training materials and conducted training sessions.

8. Residential Real Estate

Here's how managing brokers use residential real estate:
  • Lead project manager for identifying residential real estate investment properties to purchase, rehab, and sell.
  • Facilitated the purchase and sale of residential real estate on behalf of buyers and sellers.

9. Business Plan

Here's how managing brokers use business plan:
  • Provide overall design and creation of business plan set up, marketing plans, accounting, HR and facility operations.
  • Focused upon business plan analysis, brokerage model, profit and loss statements, accountability, and market share.

10. Payroll

Payroll is the sum of all the compensation that an organization has to pay to employees at a specified time. Payroll is managed by the finance or HR department while small business owners may handle it themselves. Payroll isn't fixed as it varies every month due to sick leaves, overtime, etc.

Here's how managing brokers use payroll:
  • Maintained business and company certification/registrations, assisted in payroll issues and benefits, and accurate agent commission.
  • Created and maintained detailed record system for all book keeping, tax reporting, expense reports, and payroll management.

11. Real Estate Professionals

Here's how managing brokers use real estate professionals:
  • Recruited new and experienced real estate professionals.
  • Recognized as being one of the top 10% of real estate professionals in the Pacific Northwest, 3 years.

12. Sales Associates

Here's how managing brokers use sales associates:
  • Manage staff of 4 Property Managers, 11 Sales Associates and 3 Broker Associates.
  • Established challenging goals and led staff and up to 100 sales associates.

13. Market Analysis

Here's how managing brokers use market analysis:
  • Directed sales planning and market analysis activities, including market research, competitive product evaluation and customer feedback.
  • Prepared market analysis to assist clients with optimum property performance.

14. Real Estate Transactions

Here's how managing brokers use real estate transactions:
  • Promoted to Closing Coordinator providing setting and coordinating details for Closing Real Estate transactions.
  • Prepared contracts for and facilitated real estate transactions.

15. Sales Training

Here's how managing brokers use sales training:
  • Balanced additional roles as Director of Relocation and the company Director of Sales Training providing education programs for 300 plus associates.
  • Developed and implemented policy & procedures and sales training manuals.
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List of managing broker skills to add to your resume

Managing broker skills

The most important skills for a managing broker resume and required skills for a managing broker to have include:

  • MLS
  • Real Estate Brokerage
  • Real Estate Sales
  • Financial Analysis
  • Property Management
  • Real Estate Law
  • Regulatory Compliance
  • Residential Real Estate
  • Business Plan
  • Payroll
  • Real Estate Professionals
  • Sales Associates
  • Market Analysis
  • Real Estate Transactions
  • Sales Training
  • Client Satisfaction
  • Market Trends
  • Business Development
  • Sales Volume
  • Residential Properties
  • Real Estate
  • Training Programs
  • Real Estate Firms
  • Real Estate License
  • Sales Contracts
  • Competitive Market
  • HUD
  • Commercial Property
  • Human Resources
  • Sales Process
  • LLC
  • BPO
  • Professional Development
  • Contract Negotiations
  • Business Operations
  • Condominiums
  • Investment Properties
  • Government Programs
  • Evictions
  • ROI
  • Mortgage Brokers

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.