WHY CHANGE YOUR CURRENT SCENARIO?

Start your own brokerage and you decide how to run your own business and how many agents work for you.

You currently have a split of 80/20, 70/30 etc. If you sold only 3 homes per year at $300,000 on your 80/20 split you are paying your broker $5400 per year. Plus they are collecting a per transaction fee of $295-$399 ($897-$1197 per year).

How can this change?

When I am your broker of record,  YOU are collecting the $295-$399 per transaction fee from your clients! Remember in addition you will be paying for E&O insurance which will be roughly $800-$1000 per year. In this scenario you keep the extra $5400 you’d be paying your broker. Plus you keep the transaction fee of $399×3= $1197. An instant 20-30+% raise.

You are on a 100% commission plan. You pay a brokerage fee of $295-$399 per transaction regardless of the price of the property.

How can that change?

When I am your broker of record, it is your brokerage and YOU are collecting the $295-$399 per transaction from your clients! Remember in addition you will be paying for E&O insurance which will be roughly $800-$1000 per year. In this scenario if you charge a $399 per transaction and close 12 properties per year you earn an additional $1288. 12 transaction x $399 = $4788, $4788-$3500 (cost of your own brokerage) = $1288 in additional income. If you added just one agent to your brokerage you are collecting the $399 per transaction as well. You can see how this will multiply very quickly into significant additional income.