Commissions Coordinator

Posted Yesterday
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Miami, FL, USA
In-Office
Senior level
Real Estate
The Role
Processes and reconciles real estate sales and rental closing transactions, commission calculations, agent payments, referrals, deductions, and adjustments. Maintains commission tables and splits, generates sales reports, resolves payout inquiries, and supports transaction-system implementation. Collaborates with agents, managers, transaction coordinators, and Finance and Accounting teams while ensuring accurate, timely, policy-compliant processing.
Summary Generated by Built In

ONE Sotheby’s International Realty is the premier source for luxury real estate along Florida’s East Coast, with 30 offices spanning from Miami and Key Biscayne to Vero Beach and Jacksonville. For more than 250 years, the Sotheby’s name has exemplified the promise of a life well lived, and ONE Sotheby’s International Realty’s direct affiliation with Sotheby’s and Sotheby’s International Realty has offered the company unparalleled, global reach with a network of more than 26,000 associates in more than 81 countries and territories with more than 1,000+ offices.

As the Commission Coordinator, you will be an integral member of our dynamic and growing Finance team.

  • Process and reconcile transactions for sales and rental real estate closings.
  • Ensure accuracy and timely completion of all sales-related contract and commission data processing.
  • Process contracts and closed transactions using a real estate transaction system
  • Play a critical role in the day-to-day operations of the company, interacting daily with agents, managers, transaction coordinators and the Finance and Accounting team.
  • Generate prompt and required sales and production reports to distribute to regional sales managers Issue commission payments to sales agents, while tracking referral payments, agent fees, loans and deductions.
  • Ensure all commission calculation is correct and within policy
  • Request stop payment on agent commission checks; process corrections and adjustments
  • Provide prompt and enthusiastic support to Office Managers, Agents and Transaction Coordinators in response to inquiries regarding commission payouts, deductions, and commission calculations
  • Process changes to agent commission splits; annual review and change in commission tables
  • If required, assist with the implementation of a real estate transaction system in Miami and across all markets

Requirements
  • BA or BS degree 5+ years of experience, in an accounting or payroll function, commissions or sales environment preferred
  • Ability to meet deadlines in a fast-paced environment
  • Strong quantitative skills desired
  • Proficient in Excel, impeccable attention to detail and solid customer service attitude desired
  • Prior experience in real estate a plus

Benefits
  • Medical, Dental, and Vision
  • 401k
  • A generous PTO and Holiday calendar
  • Start-up office environment
  • Growth potential
  • Training and development

Job Type: Full-time

MDLV, LLC dba ONE Sotheby’s International Realty is an equal opportunity employer. All applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status. MDLV, LLC participates in E-Verify and conducts background checks.

Skills Required

  • Bachelor’s degree in any field, preferably accounting, finance, or a related discipline
  • At least 5 years of experience in accounting, payroll, commissions, or a sales environment
  • Ability to meet deadlines in a fast-paced environment
  • Strong quantitative skills
  • Proficiency in Microsoft Excel
  • Impeccable attention to detail
  • Solid customer service attitude
  • Prior real estate experience
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The Company
HQ: Miami, Florida
1,452 Employees

What We Do

ONE Sotheby’s International Realty is South Florida’s premier source for luxury real estate and development opportunities. We offer a network of 1,000 of the world’s most passionate and committed professionals, backed by a global brand with a heritage of unsurpassed quality, value, and trust. For nearly 300 years, the Sotheby’s name has exemplified the promise of a life well lived and this heritage has been the foundation of ONE Sotheby’s International Realty since our founding in 2008. In addition to its luxury brokerage division, the firm also boasts a development sales division representing some of South Florida’s most successful and prestigious condo developments with a total inventory of over $3.5 billion. As markets evolve, core values, like leadership, integrity and vision, endure. At ONE Sotheby’s International Realty, these values are supported by market knowledge and insights, the latest technology, and a global backbone of support and service, all grounded in the belief that the best experiences inspire the best decisions.

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