Managing Partner Description
Managing Partner (MP)
Compensation:
Range: $70,000 - $250,000+
$70,000 base salary
50% of the mentor fees of new hires, except those recruited by the MMP and SMP
5% of Company Dollar on agents that are personally recruited
Participation in the MP Bonus Program
The Prerequisite Of Being A Managing Partner
3-5 years of District Manager or General Manager experience for a medium to large size company
Prior Sales Management with proven results
Previous experience with recruiting, hiring & holding people accountable for sales goals
DISC Score has to be a combination of DI, DC, or ID.
Must hold a valid real estate license
Weekly Duties:
1-2 file checks on admin
Make sure your closings are on track for the month
Spot check listing photos
Process payroll (Sign off on it)
Conduct recruiting calls and interviews
Management call & meetings
Review Vendor Report to see vendor usage
Bi-weekly mentor meeting
Meet with a minimum of 3 seasoned agents from outside of the company, with a goal of meeting with 5.
Have a conversation with 40 seasoned agents from outside of the company.
Place ads on portals like Indeed and set interviews and meet with 5 brand new agents.
Monthly Duties:
Go over P/L
Prepare and facilitate team meetings
Mastermind luncheon with agents
1-on-1 with each agent
Cultural event with Happy Hour
Quick check in with each vendor once a month to see how they are doing and if they are getting enough business
Make sure all Marketing Service Agreements are in compliance and signed monthly.
Managing and overseeing price reductions for transactions
Quarterly Duties:
Go to local real estate school
Go to one recruiting event a quarter
Top Agent Luncheon
