Commission Specialist
AI Summary
Reconciles and processes commissions for real estate closings, issues agent payments, and ensures accurate, timely commission calculations in collaboration with finance and product teams.
About this role
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.
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
- 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.
Skills
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