Real estate broker associate vs managing broker

Differences between real estate broker associate and managing broker duties and responsibilities

Real estate broker associate example responsibilities.

• Leverage an extensive business network to locate properties before they appear in the MLS, giving clients a competitive advantage.
• Perform pricing, BPO and competitive market analysis.
• Utilize MLS system, create CMA's; interface with title and mortgage companies to assure stream line closings.
• Provide CMA's, and BPO's assist in appraisals and surveying, provide complete concierge and relocation services.
• Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
• Draft probate petition documents and administer probate estates.

Managing broker example responsibilities.

• Create and manage all advertising: fliers, brochures, web-site design, MLS input.
• Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
• Perform routine and closing inspections on HUD properties on asset manager timelines.
• Prepare contracts and documentation; advise clients on general escrow and title procedures.
• Design and maintain business web site, business accounting, attend marketing and training seminars for HUD homes.
• Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Show more