Commission Specialist

Compass Real Estate - Peninsula; New York (NY); Hybrid; USD 40,000 - 44,000; Full time

Job summary

Compass Real Estate - Peninsula is seeking a Commission Specialist to reconcile and process commissions for sales, rental, and referral closings in New York and Connecticut, collaborating with the Transaction Management and Accounting teams.

This role requires strong attention to detail, confidentiality, and the ability to work collaboratively in a hybrid office environment, with periodic in-person meetings at NY/CT offices. A BA/BS degree and Excel/G-Suite proficiency are required.

Qualifications

• BA or BS degree required or equivalent
• 2+ years in real estate transaction-processing, accounting, finance, or payroll preferred
• Strong Excel and G-Suite proficiency; excellent written and verbal communication

Responsibilities

• Handle document tracking for a large volume of real estate transactions from listing to close, ensuring compliance with brokerage and legal requirements
• Ensure contracts are processed properly and in a timely manner with attention to detail
• Validate accuracy of compliance and commission records across company systems
• Provide support to Agents regarding commission payouts, deductions, and calculations
• Collaborate with sales managers and support teams to assist agents
• Process commission payments and track referral payments and deductions
• Work with Accounting to review and audit commission records
• Partner with Accounting to respond to commission inquiries impacting monthly close
• Collaborate with Product & Engineering to support system improvements

Skills

Teamwork

Confidentiality

Communication

Presentation skills

Attention to detail

Adaptability

Excel

G-Suite

Education

BA or BS degree

Tools

Excel

G-Suite

Job description

At Compass, our mission is to help everyone find their place in the world. Founded in 2012, we’re revolutionizing the real estate industry with our end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients.

As a Commission Specialist, you will be an integral member of our dynamic and growing Transaction Management team and will assume responsibility for reconciling and processing commissions for sales, rental, and referral real estate closings, for our New York and Connecticut market. The Commission Specialist role involves collaborating within our team to support compliance and commission aspects of the listings, transaction, and commission process. You will play a critical role in the day-to-day operations of the company, interacting daily with agents and the Transaction Management and Accounting teams.

Please note: This position is required to work out of one of the following Compass offices located at 110 5th Avenue one day, every other week, and expected to visit other New York/CT offices occasionally for special events if needed. Compass values in-person connection. While this department is currently working within a hybrid attendance policy, we ask employees to prioritize visiting local offices where they may find value in connecting with their colleagues and customers in person more regularly. You will be expected to comply with your department’s schedule, as outlined by your hiring manager. Please note that the department's current policy is subject to change in the future.

At Compass You Will

• Handle document tracking for a large volume of real estate transactions from listing to close, and/or contract to close, ensuring compliance with brokerage and legal requirements
• Ensure real estate contracts are processed properly and in a timely manner, with a focus on the details
• Navigate company systems to validate accuracy of compliance and commission records
• Provide support to Agents in response to inquiries regarding commission payouts, deductions, and commission calculations
• Collaborate with sales managers and other support teams to offer outstanding support to the agents
• Process commission payments to agents, while tracking referral payments and agent deductions
• Work closely with accounting to review and audit commission records in the accounting system
• Collaborate with sales managers and other support teams to offer outstanding support to the agents
• Partner with the Accounting team to research and respond to commissions inquiries impacting the monthly financial statement close
• Collaborate with the Product & Engineering Team to help us build a better real estate transaction system

What We Look For

• 2+ years of experience in a real estate transaction-processings function, accounting, finance, or payroll function preferred
• Strong teamwork skills and ability to meet deadlines in a fast-paced environment
• Ability to maintain strict confidentiality of agent’s contract data
• Work independently and collaboratively in a team environment
• Excellent written and verbal communication skills
• Strong written, quantitative, verbal, and presentation skills
• Proficient in Excel and G-Suite platforms
• Impeccable attention to detail and solid customer service instincts
• Be comfortable with new system rollouts
• BA or BS degree

Compensation

The base pay range for this position is $29.00 - $32.00/hr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. Bonuses and restricted stock units may be provided as part of the compensation package, in addition to a full range of benefits. Base pay is based on market location. Minimum wage for the position will always be met.

Perks That You Need To Know About

Participation in our incentive programs (which may include eligible cash, equity, or commissions). Plus paid vacation, holidays, sick time, parental leave, and recharge leave; medical, tele-health, dental and vision benefits; 401(k) plan; flexible spending accounts (FSAs); commuter program; life and disability insurance; Maven (a support system for new parents); Carrot (fertility benefits); UrbanSitter (caregiver referral network); Employee Assistance Program; and pet insurance.

Do your best work, be your authentic self.

At Compass, we believe that everyone deserves to find their place in the world - a place where they feel like they belong, where they can be their authentic selves, where they can thrive. Our collaborative, energetic culture is grounded in our Compass Entrepreneurship Principles and our commitment to diversity, equity, inclusion, growth and mobility. As an equal opportunity employer, we offer competitive compensation packages, robust benefits and professional growth opportunities aimed at helping to improve our employees' lives and careers.

Notice for California Applicants

Los Angeles County Fair Chance Notice