What are the responsibilities and job description for the Commercial Real Estate Associate - Hiring Students for 2025 position at Amo Realty?
About Amo Realty
Amo Realty is a real estate brokerage with offices in 14 very small offices in 14 states. We're currently hiring both commercial & residential real estate agents in our Rhode Island office in 2025. We are also hiring in our Massachusetts & Connecticut offices.
Student Program
Each year, we hire a very small group of students to join our team. We're looking for students that are planning to work as full time commercial real estate agents upon graduation.
The student hires will:
- Help our busy commercial real estate agents with showings for properties across Rhode Island
- Vet incoming leads of buyers and renters looking for commercial real estate
- Prepare inventory reports for our clients
- Hunt off-market inventory for development sites for our developer clients
The hope with students each year is that they will come back as full time commercial real estate agents upon graduation. We have had great success with our student program.
We Give Our Agents 20 Incoming Leads Each Week
We have a strategy where we give a heavy volume of leads to our agents. It helps them stay busy on the front lines of the busy Rhode Island real estate world. One of our agents closed a $22 million sale from one of our leads. We have a sustainable lead system that is meant just for a small group. We provide our real estate agents with at least 20 real estate leads per week (incoming buyer leads, sellers, renters, residential and commercial). The leads come in from a variety of sources. We've had the exact same system since our first office (Boston City Properties) opened in Boston in 2007. Our lead system works with a small group. We're under water leads. The commercial leads that we have are mainly commercial lease leads looking for office space, restaurants, retail, industrial and more. There are also larger commercial investor leads.
Training for Students
The focus of our training revolves mainly on learning contracts, commercial leases, lead generation and setting up drip campaigns through the CRM that we use (Follow Up Boss). We help establish a path for our agents to have a strong pipeline on their own, all while having us to back them up with clients each week if they need them. Our training is mainly centered lead gen and using a CRM that we provide to create drip campaigns for constant follow-up.
Split Info
Agent's own leads start off at 75% for the first 3 years. A $5,000 cap system for agent's own leads is implemented for agents who have been with the company for 3 years. After the 3 year mark, agents keep 100% for the rest of the year for their own leads after $5,000 comes in on a 75/25 split. We provide clients to our agents at a 50/50 split. It's a 100% split for agents that buy or sell their own properties. We have agents who have been with us for 10-15 years and they don't typically need leads from us, however we can back them up with leads when they need it.
We're looking for loyalty
Our lead system only works if we do not have any turnover. We have very low turnover, and the first agent ever hired in 2007 still works at our company. We need agents that are going to close sales and stay with us for the long run. We're aiming for students who plan to come in, learn, get their foot in the door, help our busy commercial real estate agents, and then come back as full time agents upon graduation.
Requirements
**A Rhode Island Real Estate License is Strictly Required**