Commercial Real Estate Manager Salary in Chicago, Illinois

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Average Salary for Commercial Real Estate Manager in Chicago, Illinois

The average salary of a(n) Commercial Real Estate Manager in Chicago, Illinois is $58,232.

The average hourly rate of a(n) Commercial Real Estate Manager in Chicago, Illinois is $28.00.

The average bonus of a(n) Commercial Real Estate Manager in Chicago, Illinois is $2,149.00.

Job Description:

Manages operation of renting, buying, and selling property for clients. Directs and coordinates activities of sales staff for commercial real estate firm. Manages associates in soliciting and servicing real estate commercial loans, and offers guidance and support to commercial real estate loan officers. Promotes real estate services and solicits owners in order to obtain new listings. Interviews prospective clients to solicit listings. Studies property listings to become familiar with properties for sale. Accompanies prospects to property sites, quotes purchase price, describes features, and discusses conditions of sale or terms of lease. Draws up real estate contracts, such as deeds, leases, and mortgages. Ensures that all real estate transactions are handled in accordance with regulations and State law. Reviews trade journals and attends staff and association meetings to keep informed of marketing conditions, property values, and legislation that would affect real estate industry. Screens, hires, and directs the sales staff for a real estate firm. Conducts training sessions and counsels agents in professionalism, financing, and sales closings. Less

Manages operation of renting, buying, and selling property for clients. Directs and coordinates activities of sales staff for commercial real estate firm. Manages associates in soliciting and servicing real estate commercial loans, and offers guidance and support to commercial real... More

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