Once the seller or buyer closes escrow, you collect your fee and send us the small referral portion.
You make money, the customer is happy, and you now have a new source of further business!
Half-Service Seller: Assistance with negotiations, paperwork, and guidance through escrow. This does NOT include any typical marketing activities, such as MLS listing, open houses, etc..
Half-Service Buyer: Assistance with negotiations, offers, and guidance through escrow. This does NOT include any typical buyer activities, such as driving around and sending listing reports.
Full-Service Seller: Traditional seller representation.
Full-Service Buyer: Traditional buyer representation.
You enter your commission for each service, plus the minimum fee and the maximum distance. For example, to assist a seller with their forms, you could say your fee is 0.2%, with a minimum of $750. So if the seller's home is sold for $400,000 then your fee would be $800.
Note that if you spent a typical of 4 hours assisting on a sale, that averages out to $200 per hour. Working 40 hours a week at $200/hr is an annual income of over $400,000.
For knowledgeable agents who are efficient at paperwork and enjoy helping buyers and sellers navigate a transaction.
This is also good for agents who prefer not to have to do constant self-promotion and want to avoid having to justify the large commissions. Licensed transaction coordinators are a good fit.
Most of our customers are interested in help with negotiations, paperwork, and navigating the escrow (what we call "half-service").