As an agent, it may be hard to find the right brokerage in the constantly expanding and ever competitive real estate market. Some brokers charge large commissions, limiting your own revenues, while others rake in money by collecting additional fees.
If you’ve been looking for an alternative to traditional brokers, you might want to explore 100 percent commission brokerage for the following advantages:
Your Commission, Yours Alone
A 100 percent commission brokerage is exactly what they sound like - brokerages that let you keep your sales commissions all to yourself. This is a big advantage over typical brokerages, which can take at least half of your profits. With a 100 percent commission brokerage, you only pay a “desk fee,” a monthly flat rate for your office rental and support. There may be other fees, but they are still well below what you would be paying a traditional brokerage.
No In-House Service Restrictions
By the concept itself, a 100% brokerage will not require you to use in-house services or penalize you for going outside. That means you can pocket all of your money instead of making some of it land in your broker’s hands. And that's just fair!
Lower Brokerage Fees
Because 100% brokerages use virtual technology, the flat fee you pay is way lower than what typical agencies take from your commission. Since flat-rate brokerages work more efficiently with their online operations, costs and fees are well in control.
No Questionable Fees
Traditional agencies are known for sneaking in unexpected charges, basically punishing their agents for making decisions, such as not using their office space or not meeting a certain sales quota. And then there are extra charges at the most unexpected times, making you lose even more money. With a 100 % commission brokerage, your flat fee is everything you pay, plus minor additions which will be presented to you in full transparency from the start. And no fine print! Get a zero broker split or read more about 100% commission real estate.
Finally, joining a flat-rate brokerage rids you of the responsibility of answering to a very controlling traditional broker, rules and requirements and all. Instead, you are quite simply your own boss. You set your business goals and you map your own route towards them. Nobody dictates how you operate, and because you only pay a flat-rate commission, you have more freedom carving your business, making it and building your brand, depending on the direction you want to go. Continue reading more on this here: https://www.huffpost.com/entry/how-to-pick-a-real-estate-agent_n_5a5fbe5ee4b0ccf9f12121d2.