Commercial Real Estate Broker Job Description

commercial real estate broker job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Commercial Real Estate Broker Job Description

A commercial property broker is a real estate professional who deals with commercial real estate transactions.

A large real estate brokerage firm may have hundreds of brokers on staff who work for buyers and sellers of commercial properties.

These brokers are typically licensed real estate salespeople who deal primarily with commercial real estate transactions.

Some brokers also deal in residential transactions.

Some commercial brokers represent clients seeking leases of office spaces, retail spaces, and industrial properties.

Some also represent buyers or sellers of commercial real estate such as office buildings or land.

A commercial broker typically works independently and is paid a commission on real estate transactions.

Some commercial brokers also

Job Brief:

We’re looking for a Commercial Real Estate Broker who is experienced in the field and who has a proven track record of success.

Commercial Real Estate Broker Duties:

  • Managing all aspects of commercial real estate transactions, including property evaluation, cost analyses, negotiations, and closing
  • Evaluate properties for potential sale and purchase; develop marketing strategies; locate, evaluate, and negotiate leases; draft leases; appraise property
  • Formulate and implement strategies for client acquisition and growth
  • Assist clients in developing real estate strategies, analyzing problems, and advising on decisions
  • Market properties to potential buyers/investors
  • Prepare and review documents, including environmental reports, disclosure statements, leases, closing statements, and other related documents
  • Procure necessary financing
  • Prepare closing reports
  • Coordinate property inspections and prepare reports
  • Maintain professional relationships with architects, engineers, attorneys, accountants, title companies, mortgage bankers, and other real estate developers

Commercial Real Estate Broker Responsibilities:

  • Identify and qualify prospective commercial buyers and tenants, including researching and analyzing property details, meeting personally with key decision makers, and conducting site visits to assess potential
  • Introduce sales and leasing packages to prospects, including marketing materials and brochures, site plans, environmental studies, title work, and lease documents
  • Place and manage advertising, and advertise properties online and in print
  • Develop and implement marketing and branding campaigns that effectively target consumer and corporate clients, and initiate new advertising strategies
  • Develop and maintain relationships with key commercial brokers, contractors, vendors, and law enforcement officials
  • Work closely with accounting, legal, and other staff on closings, rent collection, and legal matters
  • Meet and exceed monthly sales quotas

Requirements And Skills:

  • Bachelor’s degree in a related field, such as finance or business administration
  • Graduate of an accredited real estate school
  • 4+ years of experience in commercial real estate; 1+ years in brokerage
  • Excellent written, verbal, and presentation communication skills
  • Ability to motivate and lead a team

At Company Name, we are an equal opportunity employer committed to building a diverse and inclusive team. We encourage applications from people of all races, religions, national origins, genders, and ages, as well as veterans and individuals with disabilities.

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