Commission Specialist

Posted 8 Hours Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
31-34 Hourly
Junior
Real Estate • Software • PropTech
At Compass, our mission is to help everyone find their place in the world.
The Role
Processes and reconciles real estate sales and rental commissions, including agent payments, referrals, deductions, splits, corrections, and stop payments. Verifies transaction and commission accuracy, supports accounting inquiries affecting financial close, generates reporting, and responds to agent and sales manager questions. Collaborates with Finance, Accounting, Product, and Engineering teams while adapting to system rollouts and meeting deadlines.
Summary Generated by Built In

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 Financial Services team. You will assume responsibility for reconciling and processing commissions for sales and rental real estate closings. You will ensure accuracy and timely completion of all commission processing. You will play a critical role in the company's day-to-day operations, interacting daily with agents and the Finance and Accounting teams.

At Compass, You Will:
  • Issue commission payments to agents, while tracking referral payments and agent deductions
  • Process closed transactions using a real estate transaction system
  • Collaborate with the Product & Engineering Team to help us build a better real estate transaction system
  • Ensure all commission calculations are correct and compliant with policy
  • Partner with the Accounting team to research and respond to commission inquiries impacting the monthly financial statement close
  • Request stop payment on agent commission checks and process any corrections and adjustments
  • Provide support to agents in response to inquiries regarding commission payouts, deductions, and commission calculations
  • Be prompt in answering correspondence from the agents and sales managers
  • Process changes to agent commission splits and generate ad hoc agent financial reporting
  • Navigate company systems to validate accuracy of commission calculations and records
What We Look For:
  • BA or BS degree
  • Real estate license
  • 2+ years of experience in an accounting or payroll function; commissions or sales environment preferred
  • Strong teamwork skills and ability to meet deadlines in a fast-paced environment
  • Excellent written and verbal communication skills
  • Strong quantitative skills
  • Strong customer service skills
  • Proficient in Google Suite
  • Impeccable attention to detail and solid customer service instincts
  • Be comfortable with new system rollouts
  • Prior experience in real estate 

Compensation: The base pay range for this position is $30.58-$33.99/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. The 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

Skills Required

  • BA or BS degree
  • Real estate license
  • At least 2 years of experience in accounting or payroll
  • Experience with commissions or a sales environment
  • Strong teamwork skills and ability to meet deadlines in a fast-paced environment
  • Excellent written and verbal communication skills
  • Strong quantitative skills
  • Strong customer service skills
  • Proficiency in Google Suite
  • Impeccable attention to detail and solid customer service instincts
  • Comfort with new system rollouts
  • Prior experience in real estate

Compass Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Compass and has not been reviewed or approved by Compass.

  • Healthcare Strength Medical, dental, and vision coverage are described as comprehensive, with some noting fully paid dependent coverage and solid plan options. Wellness resources and assistance programs further support overall health needs.
  • Parental & Family Support Paid parental leave is characterized as generous for both birthing and non-birthing parents, supporting time at home. Company policies also reference family medical leave.
  • Retirement Support A 401(k) with company match alongside an employee stock purchase plan and equity grants adds long-term financial value. These elements broaden total rewards beyond base pay.

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The Company
HQ: New York, NY
4,000 Employees
Year Founded: 2012

What We Do

A real estate company with a purpose; we are building the first modern real estate platform, pairing the industry’s top talent with technology to make the search and sell experience intelligent and seamless.

Why Work With Us

We are a tech company reinventing the space. To lead the industry requires the smartest tools built by the brightest minds across engineering, design, and strategy. Through our proprietary platform, Compass is changing how agents and clients navigate the process of finding or selling a home. Join our team today!

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