FAQ'S
Why should I join? The real estate business is changing, so we are changing the way traditional real estate companies do business. We offer an opportunity for hard working brokers and agents to earn more, and keep more of what they earn.
How are you different than other companies? There are many reasons why we are growing at the rate we are. We offer the highest NET commission in California. Our agents actually earn a true 100% commission. Many of the e-brokers or license warehouse type companies offer "100%", however they keep $600 - $1000 per closing. Depending on the sales price this can be a 10%-30% portion to the broker, no longer anywhere near 100%.....Our agents ONLY pay $1,188 per year to the company ($99/mo). In addition to having the lowest cost 100% commission plan, we also offer unparalleled support. The common misconception is that "100%" offices lack support. Many do, however, at Realty Source, Inc, we do things differently. Our supervising brokers are available from 9am - 7pm EVERY DAY. With years of experience and hundreds of transactions closed, you can feel confident that the support is incredible and response is quick!
What is your commission structure? We offer 2 different 100% plans. Our most popular plan offers 100% commission for only $99/mo. We also have other plans which do not have a monthly fee.
What do I do If I have a question or a problem? All of our agents have DIRECT access to the broker daily from 9am - 7pm, EVEN WEEKENDS! All inquiries will be answered within 4 hours. All of our agents also have access to our legal hotline. The level of support we offer is what sets us apart from our competitors.
Can I also do loans? Yes! We have the ability to do conventional loans. We are primarily a real estate company. However, due to the recent demand of many of our agents, we are offering conventional mortgages to our clients. In an effort to keep our pricing down, we only work with a select few lenders which offer the best products to our clients. Please send us an e-mail to learn more about becoming a Realtor/Loan Officer with our company.
What would my NET commision be on a $10,000 commission check? We will write you a check for$9,901.00. The only fee you are required to pay is the insurance fee of $99 per transaction.
Do you have a Transaction Coordinator? YES! We have Transaction Coordinators that ONLY work for us. For compliance reasons, we ask that all agents use our coordinator.
T.C. Prices: 1 Side = $299 - 2 Sides = $598
What do you charge if I do a BPO? We give you 100% commission on your BPO orders. We believe that since you did 100% of the work you deserve 100% of the profit.
Do you hire new agents? We do hire new agents. The commission structure for new agents is a bit different. For a new agent, all of the monthly fees are increased by $50. We offer training for new agents via webinars and also in person.
How much will it cost to join? After becoming affiliated, you will only be responsible for your initial $99 set-up fee.
I am interested in joining, however you are not a member of my MLS Board. Will you join? We are members of several associations throughout California. We are open to joining new associations/MLS etc. We will split the cost of the broker portion with you. After the first year we will pay all of the fees associated with the Broker membership.
Are there any sales minimums? NO! We understand that all of our agents are hard working self motivated individuals. We DO NOT have any sales minimums or sales quotas.
Are there any weekly office meetings? NO! We feel that our agents are busy enough as it is. We do not require attendance at any weekly or monthly meetings. We do have bi-yearly meetings to discuss changes to our business and any form/law changes.
Do you have Errors and Omissions Insurance? YES!!! We are insured with an AM BEST A-Rated Insurance Carrier. You can be assured that we will always carry adequate amounts of insurance.
Is there a bonus for referring an agent? YES! We will pay you for every agent you refer to Realty Source, Inc. For more information please visit our Agent Referral Plans.
Is there any team building opportunities? YES! For agents with 2 or more associates on their team, we offer significant savings over our published rates. Please visit our Branch Opportunities page for more details.
When I close a transaction, when will I get paid? Commission payments are paid out no longer than 24hrs after the completed file has been turned into the broker. Many of our agents are paid directly from escrow.
Do I have to be located near the corporate office? NO! We are currently licensed to conduct business throughout California and we're seeking to expand nationally. If you're a broker in another state, please visit our Branch Opportunity page. Our mode of operation allows agents to work from wherever they choose and enjoy the benefits of an increased commission split.
Do you provide office space? We have multiple branch locations in California where agents are free to use for mail, pick up/drop off, business address, faxing, copies, etc. We also have partnered with executive office centers to provide class A office space throughout the nation. Our philosophy is by minimizing overhead we are able to offer our agents MUCH HIGHER commission splits.
Are there any advertising requirements? We require that the brokerage affiliate logo be displayed on any advertisement materials our agents use while engaging in real estate activity. The Department of Real Estate also requires that ones license number is also on all "First Contact" marketing.
Who do you use for signs? Signs can be directly purchase through us or if you would like to have a custom sign made, please click here.
Can I determine what commission percentage I charge? It is up to each individual agent to determine what the appropriate commission rate is for each transaction. However, we are not a discount brokerage; we are a full service real estate company.
Do I have to use a specific Title Insurance Company, Escrow Office, or Home Warranty Company?
You have the right to choose who you would like to use. We urge all of our agents to develop working business relationships with various vendors to help serve their client’s needs better.
What Type of License do I need? You will need a Salesperson, or Brokers license, in good standing, issued by the Department of Real Estate in your state.
Are you a member of the Board of Realtors? For more information on our current Association Memberships, please click here.
How are you different than other companies? There are many reasons why we are growing at the rate we are. We offer the highest NET commission in California. Our agents actually earn a true 100% commission. Many of the e-brokers or license warehouse type companies offer "100%", however they keep $600 - $1000 per closing. Depending on the sales price this can be a 10%-30% portion to the broker, no longer anywhere near 100%.....Our agents ONLY pay $1,188 per year to the company ($99/mo). In addition to having the lowest cost 100% commission plan, we also offer unparalleled support. The common misconception is that "100%" offices lack support. Many do, however, at Realty Source, Inc, we do things differently. Our supervising brokers are available from 9am - 7pm EVERY DAY. With years of experience and hundreds of transactions closed, you can feel confident that the support is incredible and response is quick!
What is your commission structure? We offer 2 different 100% plans. Our most popular plan offers 100% commission for only $99/mo. We also have other plans which do not have a monthly fee.
What do I do If I have a question or a problem? All of our agents have DIRECT access to the broker daily from 9am - 7pm, EVEN WEEKENDS! All inquiries will be answered within 4 hours. All of our agents also have access to our legal hotline. The level of support we offer is what sets us apart from our competitors.
Can I also do loans? Yes! We have the ability to do conventional loans. We are primarily a real estate company. However, due to the recent demand of many of our agents, we are offering conventional mortgages to our clients. In an effort to keep our pricing down, we only work with a select few lenders which offer the best products to our clients. Please send us an e-mail to learn more about becoming a Realtor/Loan Officer with our company.
What would my NET commision be on a $10,000 commission check? We will write you a check for$9,901.00. The only fee you are required to pay is the insurance fee of $99 per transaction.
Do you have a Transaction Coordinator? YES! We have Transaction Coordinators that ONLY work for us. For compliance reasons, we ask that all agents use our coordinator.
T.C. Prices: 1 Side = $299 - 2 Sides = $598
What do you charge if I do a BPO? We give you 100% commission on your BPO orders. We believe that since you did 100% of the work you deserve 100% of the profit.
Do you hire new agents? We do hire new agents. The commission structure for new agents is a bit different. For a new agent, all of the monthly fees are increased by $50. We offer training for new agents via webinars and also in person.
How much will it cost to join? After becoming affiliated, you will only be responsible for your initial $99 set-up fee.
I am interested in joining, however you are not a member of my MLS Board. Will you join? We are members of several associations throughout California. We are open to joining new associations/MLS etc. We will split the cost of the broker portion with you. After the first year we will pay all of the fees associated with the Broker membership.
Are there any sales minimums? NO! We understand that all of our agents are hard working self motivated individuals. We DO NOT have any sales minimums or sales quotas.
Are there any weekly office meetings? NO! We feel that our agents are busy enough as it is. We do not require attendance at any weekly or monthly meetings. We do have bi-yearly meetings to discuss changes to our business and any form/law changes.
Do you have Errors and Omissions Insurance? YES!!! We are insured with an AM BEST A-Rated Insurance Carrier. You can be assured that we will always carry adequate amounts of insurance.
Is there a bonus for referring an agent? YES! We will pay you for every agent you refer to Realty Source, Inc. For more information please visit our Agent Referral Plans.
Is there any team building opportunities? YES! For agents with 2 or more associates on their team, we offer significant savings over our published rates. Please visit our Branch Opportunities page for more details.
When I close a transaction, when will I get paid? Commission payments are paid out no longer than 24hrs after the completed file has been turned into the broker. Many of our agents are paid directly from escrow.
Do I have to be located near the corporate office? NO! We are currently licensed to conduct business throughout California and we're seeking to expand nationally. If you're a broker in another state, please visit our Branch Opportunity page. Our mode of operation allows agents to work from wherever they choose and enjoy the benefits of an increased commission split.
Do you provide office space? We have multiple branch locations in California where agents are free to use for mail, pick up/drop off, business address, faxing, copies, etc. We also have partnered with executive office centers to provide class A office space throughout the nation. Our philosophy is by minimizing overhead we are able to offer our agents MUCH HIGHER commission splits.
Are there any advertising requirements? We require that the brokerage affiliate logo be displayed on any advertisement materials our agents use while engaging in real estate activity. The Department of Real Estate also requires that ones license number is also on all "First Contact" marketing.
Who do you use for signs? Signs can be directly purchase through us or if you would like to have a custom sign made, please click here.
Can I determine what commission percentage I charge? It is up to each individual agent to determine what the appropriate commission rate is for each transaction. However, we are not a discount brokerage; we are a full service real estate company.
Do I have to use a specific Title Insurance Company, Escrow Office, or Home Warranty Company?
You have the right to choose who you would like to use. We urge all of our agents to develop working business relationships with various vendors to help serve their client’s needs better.
What Type of License do I need? You will need a Salesperson, or Brokers license, in good standing, issued by the Department of Real Estate in your state.
Are you a member of the Board of Realtors? For more information on our current Association Memberships, please click here.