I own an office building with an immovable business called Realty Professionals of America as a tenant. The business has a brilliant scheme where 75 percent of the fee is paid by a new agent and the broker gets just 25 percent. This is a pretty good deal if you don’t know it, particularly for a new real estate agent. The business also gives the agent who promotes them on any deal they make a 5 per cent sponsorship fee. If you bring a person who is a realtor into the business that you sponsored, the broker can give you out of the broker’s end a 5 percent contribution so that the new realtor you sponsored will still receive 75 percent commission. try this out In addition to the above, Realty Professionals of America offers up to a limit of 90 per cent to raise the fee of the realtor by 5 per cent after reaching total fee thresholds. When a fee threshold has been met, the incentive rate for an agent can only decline if commissions do not exceed a lower baseline level in the following year. I currently retain 85 per cent of all the commissions for my deals; plus, I collect 5 per cent sponsorship checks from the commissions that the agents I sponsored win. If you want to find out more about being funded into the wonderful scheme of America’s Realty Professionals, please call me directly at 267-988-2000.
One of the things I did after quitting my full-time job in the summer of 2005 was to study for my real estate licence. I still wanted to get my real estate licence but never seemed to have the time to do it. I’m sure you’ve heard a thousand times of this explanation. People always say they will do something as soon as they find the time to do it, but never seem to find the time, do they? I try not to make excuses for something to myself. But before I ever quit my full-time job, I made up my mind that one of the first things I ‘d do was to get my real estate licence. I registered for a two-week full-time programme at a school called the American Real Estate Institute to get my licence to sell real estate in the state of Pennsylvania.