Jobs · Finance · Minnesota

Principal Broker

Compass · Edina, MN · 3 wk ago
FinanceFull-time

About the role

As a Principal Broker at Compass, you will support, coach, and retain Compass agents while fostering an exceptional company culture. Serving as a key liaison between the regional leadership team and our agents, you will drive the implementation of various sales and platform-related initiatives and policies in alignment with the company’s vision and annual goals. You will lead a large agent population, motivating, coaching, and mentoring sales agents, as well as providing strategic and operational guidance to the Company’s executive team.

Responsibilities

  • Lead and retain a large agent population through coaching, mentoring, and professional development guidance.
  • Conduct regular office-wide agent meetings for growth planning, performance reviews, policy updates, and market intelligence.
  • Relay market intelligence from the Research team and Business Development targets to agents.
  • Provide high-level business planning, feedback, and professional development guidance to agents.
  • Develop initiatives to boost agent productivity and reinforce best practices through coaching.
  • Track and monitor key metrics and platform adoption to drive revenue and increase efficiency.
  • Help agents develop and deliver their personal sales goals.
  • Ensure Compass creates a positive work environment to enhance agent satisfaction and retention.
  • Promote positive behavioral attributes and attitudes among agents.
  • Resolve agent, brokerage, and contract/compliance issues as needed.
  • Act as a culture carrier to inspire and empower those around you with a constructive approach to change.
  • Relay on-the-ground market trends from agents to the Business Development and Executive teams.
  • Develop and share perspectives on future agent management strategies.
  • Act as a conduit between local leadership and agents by implementing sales-related initiatives and policies aligned with company values.
  • Build and drive strategies to grow the adoption of Compass tech, programs, and ancillary services within your agent population.
  • Partner with Business Development to collaborate on agent candidates.
  • Provide support to agents in pitching new business opportunities.
  • Collaborate with agent teams on sales exclusive presentations and proper market pricing for sellers.
  • Complete annual Agent Contract renewals for your agent roster.

Requirements

  • Bachelor’s degree (preferred).
  • Brokers license required; must be validly licensed in applicable state(s) at all times of service.
  • Personal sales experience as a Realtor with 5+ years of being licensed.
  • At least two years of experience as an Associate Sales Manager or 5+ years in real estate sales/sales management.
  • Deep understanding of local real estate contracts and laws.
  • Must obtain state license requirements for any jurisdiction in which you operate (e.g., Broker’s level).

Qualifications

  • In-depth knowledge and proven track record in leadership within the real estate industry.
  • Energetic, forward-thinking, and creative with high ethical standards and professional demeanor.
  • Strategic planner with analytical ability, good judgment, and strong operational focus.
  • Superior verbal and written communication skills for clear and consistent messaging.
  • High emotional intelligence; professional and trustworthy with confidential information.
  • Excellent organizational and interpersonal skills, including dispute resolution and confidentiality.
  • Technologically forward-thinking with a hands-on approach.
  • Ability to navigate all levels of the organization and engage diverse stakeholders.
  • Self-starter with a bias toward action, over-communication, and problem-solving with minimal supervision.
  • Commitment to exceeding goals through internal motivation.

Benefits

  • Participation in incentive programs (eligible cash, equity, or commissions).
  • Paid vacation, holidays, sick time, parental leave, and recharge leave.
  • Medical, tele-health, dental, and vision benefits.
  • 401(k) plan with company matching.
  • Flexible spending accounts (FSAs).
  • Commuter program.
  • Life and disability insurance.
  • Maven (support system for new parents).
  • Carrot (fertility benefits).
  • UrbanSitter (caregiver referral network).
  • Employee Assistance Program.
  • Pet insurance.

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