Get exclusive services from the virtual real estate brokers in California!!!

Introduction:

The agencies providing real estate services to their clients charge a huge amount from them. But, it is high time now. The individuals can do their business online by just paying a flat fee. The Curb realty is among one such 100% commission real estate agencies in California. They have a team of professionally supporting staff members that are always ready to provide any kind of support required by the Curb members.

Their team members include the loan broker, office broker, transaction coordinator, etc. Also, they include an office manager and a flat fee real estate broker in California, who resolves all the issues or the questions in the minds of the clients. The primary objective of these brokers is to make the transaction of their clients as efficient as possible.

The Curb Realty also has a virtual real estate broker in California, who makes the transaction of their clients secured, smooth and quick. These brokers also provide them with a home loan by just making a phone call and also provide them with a loan officer, in order to make their transaction secure and smooth.   

Services offered:

The Curb realty offers a number of real estate services to their clients. Some of these services include:

• Recruiting program: They provide a sum of money to the individuals, who invite people to join the Curb and become its member.
• Online paper transactions: They facilitate their clients with transactions that can be done on phone.

Why Are One Hundred Percent Commission Brokerages So Popular Now ?

Nowadays if you take a look inside any real estate office you will find it mostly void of agents, because most realtors now work from home. ..Why is that ?  The internet has leveled the playing field of available information, so now old traditional real estate companies really no longer have anything to offer agents that requires them being part of an office or brokerage. Which is why giving a large part of your commission away to a broker is no longer necessary !  

Empty real estate offices are merely evidence of the old traditional way of doing real estate having finally caught up with technology, and virtual online brokers are now filling the need for agents to be able to work exclusively from home without all the constraints of a traditional broker.  

Remember the old days of going to a travel agents office with posters of exotic travel destinations on the wall to book a vacation ?  Now we sit at home and click the mouse to do the same thing.  And now real estate buyers, sellers, and agents are also doing real estate entirely online as well. 

If you think about it, real estate was one of the last business models to acquiesce to the online format.  Heck, people are even doing doctor appointments online now !  So it should come as no surprise that the internet has ushered the real estate industry into the modern day online business model and the real estate agents that join these flat fee brokerages are the beneficiaries.

CURB

California's Premier 100% Commission Brokerage

www.KeepYourCommission.com

Keep Your Commission - How much does RE/MAX pay ?

In this blog post we're going to compare a one hundred percent commission virtual online flat fee California brokerage to RE/MAX.

Many realtors believe RE/MAX is a 100% commission brokerage.  Lets take a close look and see if that's really true.

Lets start off mentioning that new agents at R/M start out on a 50/50 split.  After that, every agent is going to be on a different commission split.  So instead of going through a bunch of complicated percentage figures on how much commission R/M takes out, lets just keep it simple and just look at the all the fees they charge.  Following is a quote I found on a real estate discussion board directly from a R/M agent; "My desk fee is $14,000 a year and my split is 95/5, so is costs me $19,000 ($14,000k desk fee + $5,000 commission split) for the first $100k I make."  

So this R/M agent gets to look forward to paying out a cool $14,000 a year for his desk, not to mention the other additional fees R/M tacks on for advertising, etc.. Yikes ! For $14,000 a year I sure hope that desk is made of gold.

Again, lets look at the CURB business model.  

Desk fee: $0

Advertising fee: $0

Franchise fee: $0

Commission split to agent: 100%

Please do the math and decide which business model works best for you.

CURB

California's Premier 100% Commission Brokerage

www.KeepYourCommission.com

Keep Your Commission - How much does Keller Williams pay?

In following blogs I am going to post the commission differences in flat fee 100% commission brokers to the commissions the large corporate brokerages; Keller Williams, Coldwell Banker, ReMax, Century 21, etc..  take from their agents.  This blog will be on Keller Williams.

The following information is copied from an inman article where the CEO of KW spoke;

"The commission split that Keller Williams offered agents is a hybrid of that offered by traditional franchises and 100 percent commission organizations. The Keller Williams agent/Keller Williams Realty receives a 70/30 commission split from the first dollar of gross commission income generated. The agent was responsible for paying a franchise fee to the international office each year, which was capped at $3,000. The agent was also responsible for paying a fee to the market center,..."

So let's use the median sale price for a home in California this year (from CAR) which is $449,500, to calculate how much an agent would receive if they were with KW.  On a 3% commission the amount earned by the agent would would have been $13,485.  After KW takes their portion of $4,046 the agent will end up with only $9439.  ..yikes ! We're not done yet. KW agents are also required to pay a "franchise fee" of $3,000 per year on top of the already huge chunk taken out.  So, if the average agent only sells only 3 properties a year (according to NAR) then that's an additional $1,000 the agent must pay to the KW broker. So after all the commission grabbing is done the agent has given KW $5,046 and is left with only $8439 from the original $13,485 they earned. And I'm not even including another additional fee KW agents also must pay to the "marketing center". 

Now lets look at that same transaction with CURB.  Instead of an agent paying a whopping $5,046 in commissions with KW, with CURB for that same exact transaction they would only pay $595 + $95 E&O, for a grand total of $690 vs $5,046 !  With the KW model the agent ends up with only $8439 as opposed to $12,795 with CURB.  That is an extra $4,356 in your pocket !  Do that only 3 times a year and that equals an extra $13,068 that stays in your pocket for you to spend on anything your little heart desires.