How much does a Commercial Real Estate Loan Officer III make in Akron, OH? The average Commercial Real Estate Loan Officer III salary in Akron, OH is $145,236 as of August 27, 2024, but the range typically falls between $122,924 and $166,259. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Commercial Real Estate Loan Officer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Real Estate Loan Officer III Salary $102,609 Akron,OH August 27, 2024
25th Percentile Commercial Real Estate Loan Officer III Salary $122,924 Akron,OH August 27, 2024
50th Percentile Commercial Real Estate Loan Officer III Salary $145,236 Akron,OH August 27, 2024
75th Percentile Commercial Real Estate Loan Officer III Salary $166,259 Akron,OH August 27, 2024
90th Percentile Commercial Real Estate Loan Officer III Salary $185,399 Akron,OH August 27, 2024
25% $122,924 10% $102,609 90% $185,399 75% $166,259 $145,236 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Real Estate Loan Officer III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

3.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Customer Service 6.22%
Customer Relationship 2.49%
Pricing 1.42%
Others 89.87%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Real Estate Loan Officer III higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Financial Services, you can get a 4% salary raise. If you are good at Economics, your salary will increase by 3%. If you are expert in Microsoft Office, your salary will rise by 2%.
Skill Salary Demand
Financial Services
$151,046
4%
Economics
$149,594
3%
Microsoft Office
$148,141
2%
Commitment
$146,689
1%
Commitment
$146,689
1%
Commitment
$146,689
1%
Last Updated on August 27, 2024
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Job Description for Commercial Real Estate Loan Officer III

Commercial Real Estate Loan Officer III solicits, structures, and services a variety of commercial real estate loans. Works mostly with moderately large and complex real estate loans including investments, development, and construction loans. Being a Commercial Real Estate Loan Officer III evaluates loan applicants and reviews appraisals, credit reports, and other information necessary to evaluate deals. Develops and maintains relationships and communication with current and potential borrowers. Additionally, Commercial Real Estate Loan Officer III coordinates with credit analysts to ensure the accuracy and completeness of loan analysis and documentation. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Real Estate Loan Officer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Commercial Real Estate Loan Officer III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Real Estate Loan Officer III in Akron, OH
  • Job Details. Level. Experienced. Job Location. Columbus Ohio Metropolitan Area - Columbus, OH. Remote Type. N/A. Position Type. Undisclosed. Education Leve...
    - 1 Day Ago
  • At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. Northwestern Mutual Real Es...
    - 5 Days Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 1 Day Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 1 Day Ago
  • About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
    - 1 Day Ago

Career Path for Commercial Real Estate Loan Officer III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Real Estate Loan Officer III, the upper level is Commercial Real Estate Lending Assistant Manager and then progresses to Commercial Real Estate Lending Manager.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2023
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Commercial Real Estate Loan Officer III salary varies from city to city. Compared with national average salary of Commercial Real Estate Loan Officer III, the highest Commercial Real Estate Loan Officer III salary is in San Francisco, CA, where the Commercial Real Estate Loan Officer III salary is 25.0% above. The lowest Commercial Real Estate Loan Officer III salary is in Miami, FL, where the Commercial Real Estate Loan Officer III salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Commercial Real Estate Loan Officer III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
122924
166259
145236

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
138024
213424
170340
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Real Estate Loan Officer III in Akron, OH. The base salary for Commercial Real Estate Loan Officer III ranges from $122,924 to $166,259 with the average base salary of $145,236. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $138,024 to $213,424 with the average total cash compensation of $170,340.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

122924
166259

 

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How much should you be paid?

About Akron, Ohio    Akron (/ˈækrən/) is the fifth-largest city in the U.S. state of Ohio and is the county seat of Summit County. It is located on the western edge of the....More

Akron, Ohio  area prices were up 1.6% from a year ago    View the Cost of Living in Akron, Ohio

Commercial Real Estate Loan Officer III Salary in popular cities: ColumbusClevelandCincinnati

Skills associated with Commercial Real Estate Loan Officer III: Commercial Customer Development, Lending Regulatory Compliance, Real Estate Appraisal Report, Commercial Real Estate Lending ...More

Salary estimation for Commercial Real Estate Loan Officer III at companies like : Vikash Oza, MD, USA horizonfamilymedicine, Stashak - Keller Williams Northern Colorado