We pay 100% real estate commission split to all agents. If you will use Google and start learning about the model of compensation where an agent would receive a full 100% commission you will find out that most brokerages will start charging you monthly fees for… we are not sure for what but they do.
REeBroker agents make 100% full split real estate commissions on every transaction without restrictions. Compare these commissions figures. Which one would you rather have?
Let us make this clear. There are no monthly reoccurring fees at REeBroker. Nothing, nada, zilch. We hope this is clear enough. Our position is quite simple, you sell a house, we take $500 fee per transaction and $135 risk management fee. You keep the rest. We offer the best real estate agent support program and we want the best agents to make the most money. As you can see, we only make money when you make money and that is what makes us your perfect partner.
We have done study on 100% real estate commission compensation formula and that is what we have found out:
Traditional brokers will charge you various monthly fees. This is why most new agents will never choose this type of commission scheme. When you don’t have a few transactions in a pipeline and not too many prospects, you simply may not afford paying monthly fees to your broker while your income shows a steady zero. Therefore most agree on a commission split of 50/50 or 70/30 or something along these lines. The reason a traditional broker has to charge you every month is because they have a tremendous office expenses and staff overhead. We don’t. Our proprietary REeBroker software system takes care of everything.
Some large real estate companies and we all know who they are keep hammering their “brand name power” thus producing justification for brokers fees and commission splits. Nothing is wrong with a big brand name, the question is how much this cost you, a real estate agent?
According to our observation, too much. REeBroker’s top producers do not suffer from the lack of a “big brand name recognition” syndrome. They sell as well as top guns at big companies.
Our average real estate agent sells as much as an average agent sells under the big corporate brand name. So, if you will start calculating, dollar for dollar, for the same number of similar transactions and taking in consideration that we do not charge any monthly fees, our agents make about 150% - 200% more.
If you think it is fair for you to pay let’s say $50,000 per year for a use of a brand name, you probably are better off buying the franchise. Our numbers show that myth about “the power of a big brand name” is just that, a myth perpetuated by you know who. Real estate business is not a corporate business, it’s a personal business. If your personal skills are weak a big logo “ain’t gonna matter”.
What gets you business is your personal relations with a client and in many cases it is a repeat business. Do you want to be remembered as “Hey do you remember that guy what’s-his-name with Big Name Realty Company?” or you would rather be remembered as “Do you remember, Jim? Let’s call him.”?
Some brokers who claim that they are “online brokers” and copy our materials will offer you a 100% real estate commission scheme but as we have found out from some of their own agents, they lack the quality of the brokers support and if a broker offers their help it comes at hefty charge.
We are not here to cast any shadows, but it seems unfair when agents have to pay for their support without being properly informed. We have decided to invest in our infrastructure first to prepare for changing conditions in real estate market. We didn’t listen to hype about economy; we didn’t pay attention to blogs of many self-proclaimed experts.
We simply looked at economic conditions and poised ourselves to prepare for what is coming and it paid off big time. We don’t have overhead and therefore there is no need for us to charge anyone any fees. Learn about REeBroker new brokerage business model here.
We don’t make promises we can’t keep. We also refuse to take advice from people who are too narrow minded not to see that we are going through tremendous changes in economy and real estate market and who will hang on to a traditional model of real estate brokerage hoping that the market will rebound in a hurry. Good luck with all that. We certainly want the market to rebound and it is showing the signs of improvement but there also other economic developments which have to be taken into consideration. In any rate, our business model works fine during the booming market and slow market. What is even more remarkable that our agents are happy with our policies and we have the highest retention numbers any broker has seen in a long time.
We also decided that 100% commission split will help us to keep our agents in good shape financially which positively reflects on work habits. Remember, during the real estate boom just a few years ago when some real estate agents were making 200-300K per year and working 12-16 hour days, after a year of such exhausting schedule many were exhausted and lost their edge. Selling real estate takes its toll and we rather have all agents have enough money to take a vacation, relax and take a day or two off without thinking about their next month’s mortgage payment. This helps agents to perform.
REeBroker offers 100% to all real estate agents. We strongly believe that this is the best motivator to agents to maximize their performance in a challenging California's real estate market.
We are looking for active real estate agents who are honest, ethical and who want to make a good solid living selling real estate. We are not interested in real estate agents who haven’t sold a house in two years or who is not pursuing real estate market seriously. However, we do not discriminate against new agents, if you are willing to learn, work hard and succeed, we will give you all the tools and assistance but we want you to always be active. The truth about real estate success is following; it takes a strong heart, determination and integrity. Otherwise it’s a waste of real estate licensing fees.
We do not cap your commissions, you can charge as much as you want and you can negotiate your commissions with a client but the minimum on your commission is $2,000. If you think about it, selling homes for lesser commissions is a waste of your talents. The fact is that you keep your 100% commissions no matter what the situation may be.
Just like you, we only make money when transaction is complete and that what makes us your true companion and a perfect guide.
A Perfect California Real Estate Job
California Real Estate Comissions
3595 Emma Ln.
San Diego, CA 92084
Tel. (800)944-1560
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