Build a commercial practice that is yours to run.
Lucero Commercial Group is recruiting commercial associates and associate brokers in Alberta. No desk fees, competitive splits, and a platform built for commercial work, at a designated agency brokerage where you are your client’s agent.
Start a confidential conversation →- Desk fees
- $0
- Franchise, transaction and technology fees
- $0
- Square feet transacted, land and building
- 850,000+
- Brokerage model
- Designated agency
A platform most boutiques cannot offer.
Economics
- No desk feesNone. Nor franchise, transaction or technology fees.
- Competitive splitsIn line with the commercial industry, and discussed in confidence.
- Prompt payoutsCommission is paid promptly once the brokerage receives and clears the funds.
- Referral feesPaid to licensees for business they refer in.
- Paid to your corporationWe pay eligible commission to a qualifying corporation you own at least half of, and can refer you to legal and tax advisers.
Deal flow
- Inbound leadsEnquiries from the website, prequalified and assigned by the broker.
- Off-market accessOff-market opportunities and active buyer mandates, subject to client confidentiality.
- Co-designationWork larger mandates alongside the principal broker as a co-designated agent.
Platform
- Built in-houseOur own systems carry the work a deal takes, so you spend your time on the deal.
- Marketing engineListing pages, market reports and case studies with your name on them, and email campaigns.
- Your profileA page on the site with your listings and closed transactions.
Growth
- MentorshipDirect from the principal broker, not through layers of management.
- DesignationsSupport toward CCIM and SIOR.
- Continuing educationRECA continuing education reimbursed.
- Market dataCommercial data subscriptions.
Support
- Transaction coordinationDeal administration and trust accounting handled by the brokerage.
- Marketing productionPhotography, drone, brochures and offering memorandums produced for your listings.
You are your client’s agent, not the brokerage.
Lucero is a designated agency brokerage. When you take on a client, the brokerage designates you as their agent, and you owe them the agency duties personally. The brokerage’s role is to designate and supervise.
That means deals inside the firm work cleanly. Another Lucero associate can act for the other side of the same transaction, and each client keeps full representation. Client information stays with the designated agent.
It also means your clients are represented by you. If you ever move on, your clients decide what happens next, as our representation agreements set out.
Ambitious, and serious about commercial real estate.
Established producer
You already run a commercial book and want better economics, a sharper platform and a firm that stays out of your way.
Building a practice
You are licensed, a few years into commercial, and want deal flow, mentorship and a name that opens doors.
Moving into commercial
You have a residential track record and want to make the move properly, alongside someone who has done it.
Four steps. Your pace.
- 01
A confidential conversation
Coffee or a call with the broker. Nothing is shared with your current brokerage.
- 02
Meet the principal broker
Talk through how we work, how mandates are staffed and what you want to build.
- 03
Review your practice
Your focus, your pipeline and the terms, set out in writing before you decide.
- 04
Onboarding
We handle the RECA transfer paperwork with you and set up your profile, systems and marketing.
What people ask first.
Is my application confidential?
Yes. Applications go to the broker alone, never to a shared inbox or anyone at your current brokerage. The confirmation email you receive is generic and does not mention a job application.
What are the splits?
Competitive with the commercial industry. We discuss them in the first conversation, in confidence, because the right structure depends on your practice.
Are there desk fees or other monthly charges?
No desk fees, and no franchise, transaction or technology fees.
What does designated agency mean for me?
Lucero is a designated agency brokerage. You are designated as your client’s agent and owe them the agency duties personally; the brokerage designates and supervises. Where a different Lucero associate is designated for the other side of the same deal, each client keeps full representation, provided each has signed the required designated agency agreement and the brokerage’s confidentiality policies are followed. If one licensee would act for both sides, the deal moves to transaction brokerage instead, which is facilitation rather than full representation.
What happens to my clients if I leave?
Representation agreements are made with the brokerage, not with you personally. If a designated agent leaves, the brokerage appoints another designated agent; the client can ask for a particular one, move to another brokerage, or end the representation. So the client has a real say, but the default is a replacement from us rather than the file following you.
Do I need an Alberta licence?
To trade in Alberta, yes. If you are licensed in another province, or not yet licensed, apply anyway and we will talk through the path.
Am I an employee?
No. Associates are licensed with the brokerage and work as independent contractors, which is the norm in Alberta real estate.
Can I be paid through my own corporation?
Yes. Alberta has no separate licence for a personal real estate corporation: RECA simply permits a brokerage to pay commission to one corporation in which the licensee owns at least 50% of the issued shares (Real Estate Act Rules s.50(c)(i)). You stay personally licensed and personally responsible for the work. We can refer you to a lawyer and an accountant to set the corporation up and advise on it — we do not give legal or tax advice, and whether incorporating leaves you better off depends on your own circumstances.