Top Reasons to Sign up with a 100% Commission Brokerage
Looking for a real estate brokerage that can help you build your career as an agent? Tired of brokers who demand too much in commissions and/or fees? Perhaps it’s time to consider joining a 100% commission brokerage.
A 100% commission brokerage is completely as it sounds – a brokerage that lets you keep your commission hundred percent, need to split it with anybody. Definitely, that forms but part of all the traditional perks of joining a brokerage, like wide networks, support, an office, etc.
With a 100% commission brokerage, you will be able to pull the reins of your own business. That means you have more flexibility running the affairs of your business, whether it’s meeting up with leads or closing a deal, all while keeping a healthy social life.
Working with a 100% commission brokerage comes with the convenience of managing all your documents in one place. That’s because you will have access to a virtual back office that maintains all of your paperwork.
Many agents leave their brokers for many reasons, and one of the most common is a lack of transparency regarding broker fees and charges. For example, they may be required to pay fees for E & O insurance or for simply not using in-house services. It’s natural for agents to want to know exactly what they’re paying with every transaction. Agents desire the freedom to charge varying charges for different services, making the 100% commission principle extremely attractive to them.
Getting Paid Upon Closing
Several 100% commission brokerages see to it that their transaction coordinator get you paid once your transaction reports have been submitted as well as approved.
Many conventional brokerages, to compensate for losses, insist that agents use their in-house transaction service, which often comes with additional charges collected from the agents. Veteran agents have been in the industry for a while and have built relationships that help improve their services, so they don’t need really need manipulative, self-serving brokers. They can function independently and do even better.
The 100% commission brokerage concept is meant for agents who want to work together at their own pace and level. Regardless of your goal – 2 or 200 sales in a month – you enjoy support that is tailored to your needs, rather than something ready-made with quotas that may not be in accordance with your own plans. In a large, traditional real estate firms, it’s easy for agents to feel lost and forgotten. In contrast, agents in a 100% commission brokerage always receive individual attention, depending on their specific needs.