Demo

Commercial Broker and Property Manager

The Rants Group
Olympia, WA Full Time
POSTED ON 8/25/2023 CLOSED ON 12/22/2023

What are the responsibilities and job description for the Commercial Broker and Property Manager position at The Rants Group?

The Rants Group is the Olympia area's original investment real estate management and brokerage firm. We are now in our 50th year of business. The company is family run and leases, sells and manages a wide range of commercial and residential investment properties. We're located in downtown Olympia and our office has beautiful views of the waterfront. However, as a broker/property manager you will not be at a desk all day, 20-50% of your time will be spent around town, traveling to properties, meeting with clients or attending to managed properties. All staff work 8:00am-5:00pm and off hours only when necessary.

Commercial Broker and Property Manager:

Are you interested in the Real Estate industry, but desire a more stable income, yet still be rewarded for your accomplishments? Are you a people person but also enjoy numbers? This unique cross position of broker and property manager may be the fit for you.

Primary functions of this position shall include management, commercial leasing and representing clients buying and selling investment real estate; including commercial office, medical, retail and industrial and multi-family properties.

As a broker/property manager you will receive a base salary plus commissions on completed leasing and sale transactions (which are a significant portion of your total compensation.) You will build relationships with tenants and property owners while managing the financial and physical maintenance aspects of their properties. As a broker you will be helping businesses find and negotiate a lease or purchase of a new location, investors sell or buy an investment property, and much more. Each role comes with a variety of challenges and every transaction is unique. You are always learning something new!

This position is fully supported by a team of office staff including a property manager assistant, marketing manager, accounting assistant, and bookkeeping manager.

Basic duties/responsibilities include:

  • Manage day to day physical and financial operation of the assigned portfolio, including serving as the primary liaison with owners, vendors and tenants.
  • Administer tenant leases and maintain good tenant relations; review, understand and enforce lease terms. Communicate with tenants to address their needs and resolve any issues.
  • Work closely with tenants to ensure prompt rental payment.
  • Prepare annual budgets and review monthly financial reports for individual portfolio properties and provide to owners monthly and quarterly.
  • Perform periodic inspections of the properties. Maintain the assigned portfolio at a high level of appearance and performance. Resolve emergency maintenance issues.
  • Obtain and supervise third party vendors; evaluate service contract requirements and establish performance specifications and documents; manage the competitive bid process.
  • Represent our clients buying, selling and leasing investment real estate.
  • Procure new property management accounts, sale and lease listings.

Minimum Requirements:

  • Washington State Broker's License, or ability to obtain within 3 months of hire

Desirable Skills and Experience:

  • 3 years Commercial property management and/or brokerage experience
  • Experience with AppFolio or other property management software
  • Excellent organization and attention to detail

Compensation:

  • Base salary starting at $50,000 /year
  • Commission on leasing and sales transactions
  • Incentive pay for bringing in new management accounts
  • An experienced and motivated candidate can expect to earn $75,000 or more in total compensation over the first 12 months, and an unlimited future earning potential

CLOSING: Position will close immediately upon finding a qualified applicant.

The Rants Group is an equal opportunity employer.

Successful applicants will be subject to criminal background screening and credit check.

Job Type: Full-time

Pay: From $50,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Paid time off
  • Professional development assistance
  • Referral program
  • Retirement plan
  • Vision insurance

Experience level:

  • 3 years

Schedule:

  • Monday to Friday

Experience:

  • Commercial real estate: 3 years (Required)

License/Certification:

  • Driver's License (Required)
  • Washington State Broker's license (Preferred)

Work Location: In person

Salary : $50,000 - $-1

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs with skills like those required for the Commercial Broker and Property Manager.

Click the checkbox next to the jobs that you are interested in.

  • Budget Administration Skill

    • Income Estimation: $89,677 - $153,375
    • Income Estimation: $102,419 - $144,537
  • Contractor Management Skill

    • Income Estimation: $107,523 - $144,337
    • Income Estimation: $108,514 - $149,655
This job has expired.
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Not the job you're looking for? Here are some other Commercial Broker and Property Manager jobs in the Olympia, WA area that may be a better fit.

  • American Property Management Olympia, WA
  • Community Director (Property Manager) | LARC at Olympia Apartments (Olympia, WA) About American Property Management Founded in Bellevue, Washington in 1986... more
  • 4 Months Ago

AI Assistant is available now!

Feel free to start your new journey!