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Frequently Asked Questions
Are there any contracts to sign?
No long-term commitments. You are an independent contractor and a separate business unit. You can hang your license with whomever you chose. However, once you come to Homes and Equity 100 percent commission you will experience the new age of real estate at your fingertips and never look back! The contract that you sign is to make sure that you follow the rules of the company, NWMLS and the agency law.
After I transfer over to your 100% plan what happens?
Your agent coordinator will contact you within 2 hours to welcome you on board as well as email the MLS and the state to let them know you switched over. Next, they will email you the welcome package with all the forms to get your business off the ground-fast!
Are there any quotas or floor time required?
Absolutely Not! Your only obligation is $79.00 a month and a small transaction fee of $195.00 after your transaction is closed no matter how large is your commissions.
Can I do property management as an agent?
At Homes and Equity Real Estate Group we don’t do property management as we only provide services of real estate brokerage, but you can definitely do so on your own under a separate entity or corporation.
How long has Homes and Equity Real Estate Group been around?
We have been in business for over 10 years.
How do I get paid?
Within 24 hours.! Here’s how it works: 24 hours prior to closing your transaction, whether it be a rental or sale deal, you simply upload your documents into our easy back office system and submit your request for same day processing up to 4pm, along with a copy of your voided check. Then, once the file closes and the title company funds Homes and equity Real Estate 100 Percent Commission, the broker of record will pay you instantly via direct deposit into your bank account! Thus, you do not even need to come to the office or go to the closing. Easy as Pie!
How much is the errors & omission insurance?
Unlike other companies that charge you monthly fees or charge you errors & omissions for everything (even rentals—I know really?) our fee is only a tiny $195.00 Transaction fee at the time of closing. It’s per transaction. Simple as that.
Why Homes and Equity is 100 percent commission?
Best compensation plan in the industry. Period. Our Mission is to Make Realtors Wealthy! Also, coolest staff you can work with. Oh yea, we also teach you how to make money.
What makes Homes and Equity Real Estate Group 100 percent commission different?
We answer your Questions 7 Days a week. You don’t need to feel guilty to call, email or text the designated broker. You will get a response!
We are on your side. If there is a way we will help get your transaction closed.
Our in-house mortgage financing with over 20 years will help you close more transactions.