Overview
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. The Associate - Commercial Real Estate role supports the Retail Investment Sales team in Cincinnati, OH. Northmarq is looking for an Associate Broker to join its Retail Investment Sales team in Cincinnati. This role is ideal for a motivated individual eager to support Northmarq’s expanding investment sales team, working closely with senior brokers who are leaders in their fields. The Associate position is suited for adaptable candidates with a strong work ethic and ambition to excel in a collaborative sales environment. By collaborating with experienced brokers, the Associate will gain invaluable experience in Commercial Real Estate, focusing on Investment Sales, with the potential for significant earnings and career advancement. This role offers the chance to develop the skills needed to become a Broker, as Northmarq is dedicated to investing time and resources into accelerating your career and providing support through the Associate Broker program.
The position is in-office with an immediate start date. Northmarq is committed to investing time and resources into developing your career.
Responsibilities
Marketing to new and/or under-marketed clients, with a goal of generating new business.
Creating and building AB’s individual Business Plan, including a detailed plan on Relationship Building and Learning the Business.
Responsible for understanding and preparing underwriting packages for investment real estate.
Learning the real estate market and sub-markets of Cincinnati, including getting to know brokers, title company employees, insurance agents, and others who contribute to market knowledge and marketing success.
Learning about deal structure in all aspects of the prospecting and listing process.
Ability to establish priorities and support the Mentor/Coach and objectives for the local office.
AB Program Timeline 1st Year: The AB will assist the office’s lead underwriter by learning company templates, interpreting owner’s financial statements, performing rent and sales surveys, and developing pricing skills. Additional learning includes how physical attributes of properties affect values. Database management, updating the office’s database with recent sales, ownership, and contact information, and developing a knowledge base of local market conditions, ownership, and sales inventory. Prospect calling to prospective purchasers and owners for listings, initially with support and coaching from a MD or Senior Broker (mentor/coach).
2nd year: The AB will follow the same program as outlined in 1st year, expanding market reach, improving market knowledge and skills, with daily activities closely monitored by the Managing Director or other senior broker (mentor/coach).
What We're Looking For (Qualifications)
Investment Sales experience preferred.
Relationship building and sales skills with demonstrated results.
Negotiation and influencing skills, with ability to resolve issues in a deal.
Knowledge of commercial real estate underwriting techniques and the financial characteristics of commercial property types, and ability to advise clients in complex decision-making processes.
4-year college degree preferred (finance, marketing, real estate, business promotion, or related fields; any degree will be considered).
Ability to work independently and stay motivated.
Strong work ethic and willingness to work extended hours when necessary.
Ability to handle multiple projects and meet deadlines; prioritization skills.
Effective verbal and written communication skills.
Strong problem-solving and solution-finding abilities corresponding to responsibilities.
Ability to maintain sensitive and confidential information.
Candidate must hold a current valid real estate license in the state where they will work or be willing to obtain one within the first 120 days of beginning the AB program.
Northmarq offers a highly competitive benefits package including medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and more.
#J-18808-Ljbffr
The position is in-office with an immediate start date. Northmarq is committed to investing time and resources into developing your career.
Responsibilities
Marketing to new and/or under-marketed clients, with a goal of generating new business.
Creating and building AB’s individual Business Plan, including a detailed plan on Relationship Building and Learning the Business.
Responsible for understanding and preparing underwriting packages for investment real estate.
Learning the real estate market and sub-markets of Cincinnati, including getting to know brokers, title company employees, insurance agents, and others who contribute to market knowledge and marketing success.
Learning about deal structure in all aspects of the prospecting and listing process.
Ability to establish priorities and support the Mentor/Coach and objectives for the local office.
AB Program Timeline 1st Year: The AB will assist the office’s lead underwriter by learning company templates, interpreting owner’s financial statements, performing rent and sales surveys, and developing pricing skills. Additional learning includes how physical attributes of properties affect values. Database management, updating the office’s database with recent sales, ownership, and contact information, and developing a knowledge base of local market conditions, ownership, and sales inventory. Prospect calling to prospective purchasers and owners for listings, initially with support and coaching from a MD or Senior Broker (mentor/coach).
2nd year: The AB will follow the same program as outlined in 1st year, expanding market reach, improving market knowledge and skills, with daily activities closely monitored by the Managing Director or other senior broker (mentor/coach).
What We're Looking For (Qualifications)
Investment Sales experience preferred.
Relationship building and sales skills with demonstrated results.
Negotiation and influencing skills, with ability to resolve issues in a deal.
Knowledge of commercial real estate underwriting techniques and the financial characteristics of commercial property types, and ability to advise clients in complex decision-making processes.
4-year college degree preferred (finance, marketing, real estate, business promotion, or related fields; any degree will be considered).
Ability to work independently and stay motivated.
Strong work ethic and willingness to work extended hours when necessary.
Ability to handle multiple projects and meet deadlines; prioritization skills.
Effective verbal and written communication skills.
Strong problem-solving and solution-finding abilities corresponding to responsibilities.
Ability to maintain sensitive and confidential information.
Candidate must hold a current valid real estate license in the state where they will work or be willing to obtain one within the first 120 days of beginning the AB program.
Northmarq offers a highly competitive benefits package including medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and more.
#J-18808-Ljbffr