Cushman & Wakefield

Director of Brokerage

Cushman & Wakefield$120K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Real Estate License required.
  • Bachelor's degree required; MBA or advanced degree preferred.
  • 7-10+ years of commercial real estate experience.
  • 5+ years in investor or broker's side office leasing, preferably in local market.
  • Proven leadership and team motivation skills.
  • Strong local market credibility for talent retention.
  • Extensive experience with institutional clients and real estate concepts.

Responsibilities

  • Drive a winning culture to increase market share.
  • Lead and coach a team of 50-70 brokerage professionals.
  • Support broker business plan development and execution.
  • Conduct regular ENGAGE pipeline reviews with brokers.
  • Host market meetings to share data and insights.
  • Oversee talent reviews and provide ongoing broker coaching.
  • Facilitate broker performance management and recruitment efforts.

Benefits

  • Health, vision, and dental insurance options.
  • Flexible spending and health savings accounts.
  • Retirement savings plans availability.
  • Life and disability insurance programs.
  • Paid and unpaid time off options.
Full Job Description

Job Title

Director of Brokerage

Job Description Summary

The Director of Brokerage is a key member of the market leadership team for a C&W office. Reporting directly to the Managing Principal, the Director of Brokerage is responsible for realizing the full potential of their respective broker pod (approximately 50-70 brokerage professionals) and is ultimately accountable to provide strategic leadership and execution of our business plan, lead all talent management efforts for their pod, and act as a champion of our culture and values. The Director of Brokerage is also expected to ensure that all brokers in their pod leverage the firm’s service platform and thought leadership to maximize opportunities for business development, revenue generation, quality client service and expansion of market share.

Job Description

Drive a culture of winning and operating to our full potential with the goal of increasing market share and being #1

Leadership, management and coaching for 50-70 brokerage professionals including.

Broker/team business plan development and execution support

ENGAGE pipeline review with brokers on a regular basis.

Host productive / efficient market meetings sharing market data, active business pursuits and thought leadership.

Lead bi-annual Talent Review with HR business partner and provide ongoing broker feedback and coaching.

Broker performance management (up or out), with active retention and recruiting and implementing Performance Improvement Plans (PIP)

Broker professional learning and development including endorsement and support for all broker training programs.

Organize around our occupier and investor clients including:

Align with Client Coverage model for key occupier and investor accounts.

Partner with service line and other geographic leads to foster cross-selling and utilization of the full C&W platform.

Implement our Market Coverage program, including organize tenant rep brokerage canvassing and origination around key buildings through our CRM.

Build existing assigned client relationships and participate in business development with brokers as required.

Ensure business development allowances (BDA) are deployed appropriately and for maximum returns.

Manage broker collisions within group; assists MP when needed.

Review agreements 60; $100K in alignment with legal

Partner with dedicated Operations Manager to deliver appropriate operational and administrative support to brokers.

Knowledge and Experience:

Real Estate License

Bachelor27s degree required. An MBA or other advanced degree with real estate or operations concentration is highly desirable.

7-10+ years of commercial real estate brokerage and/or asset management experience. At least five years of either investor or broker's side commercial office leasing experience, ideally within the local market.

Demonstrate ability in leading, motivating, and inspiring diverse work teams. Be fluent in the language and principals of institutional investment real estate.

Strong credibility in the local market, with the ability to recruit and retain key talent.

Extensive experience working with institutional clients with a knowledge of development, property management, asset sales, contract negotiations, gross and/or net leasing, re-positioning, real estate valuation metrics, and risk management strategies. A working knowledge of debt and capital markets preferred. Excellent written, oral and presentation skills.

Detail-oriented with a solid ability to think and communicate strategically.

Confident, innovative, hardworking, and bold without arrogance.




Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.


The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate27s experience and qualifications.


The company will not pay less than minimum wage for this role.


The compensation for the position is: No Commissions

About Cushman & Wakefield

Cushman & Wakefield plc is a global commercial real estate services firm. The company's corporate headquarters is located in Chicago, Illinois. Cushman & Wakefield is among the world's largest commercial real estate services firms, with revenues of US$9.4 billion in 2021. The company operates from approximately 400 offices in 60 countries, has around 50,000 employees and manages about 4,100 million sq ft of commercial space. It is one of the "Big Three" commercial real estate services companies, alongside CBRE and JLL.
Learn more about Cushman & Wakefield
Size
50,000 employees
Market Cap
$2.6 billion
Industry
Net Income
-$220.5 million
Founded
1917
5 Year Trend
+8.6%
Revenue
$7.8 billion
NASDAQ

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