Yes.It works like this:
Level 1 - If you recruit an agent, you receive 15% of their gross commission. Period. Better yet, you keep receiving that amount on each of their transactions until they’ve paid their annual company cap of $21k per year.
Level 2 - You receive 2% from the commissions of any agents your recruits have recruited.
Level 3 - You also receive another 1% from third level recruits!
Top4. What is the difference between revenue share and profit share? Which one is better?
Profit share derives from a complicated equation based on agent recruits, company expenses and individual office profitability. It is an equation that is barely understood, even by the agents who try to recruit new agents. In addition, it doesn’t pay much, especially when the office you work in isn’t making any money. Supreme Real Estate’s revenue share program pays Agents regardless of office income and expenses. Your recruits make money – you make money. None of the other Brokerages offer such high bonuses as Supreme real Estate.
Top5. You mentioned you have 15 locations all over LA, how does it benefit me?
For example, you have a client in Pasadena that wants to meet in his area for a consultation, other agents might use a Starbucks but it`s not very professional. When you have an office in Pasadena that your client can come to, it builds trust and shows your professionalism. The office would make your client feel comfortable and relaxed; there are no other people at the office watching and talking like at Starbucks.
Top6. What kind of steady income can I get?
There`s 3 ways to get steady income:
- Working as a property manager part time while still doing sales.
- Referring property management accounts to us, you will get referral fees every month for as long as the client stays with us.
- Revenue Share program steady income- if the Agent you referred to us chooses the payment plan with monthly charges (in order to get the advantage of 100% commission) you will receive 15% of that amount every month, or if the Agent you referred to sells real estate often.
Top7. How do I get involved in property management, do you offer training for becoming a property manager?
We do offer in-house training for becoming a property manager. The good thing is that you are already licensed and you are ready to work as soon as you finish the training.
Top8. How will my clients get 1 year of property management free?
Once you have closed the transaction with your buyer, they will get 1 year of property management services for free. All you have to do is sell to a buyer and the rest is on us. To get more information about our property management services
click hereTop9. What kind of leads do you offer?
To get more information about our leads
click hereTop10. Will I really get a transaction coordinator for free? Other brokerages charge about three hundred dollars for a transaction coordinator for every sale.
Yes, the transaction coordinator is absolutely free to you. All you have to do is give us the purchase agreement and we will handle all the paperwork for you. There is no limit to the transactions you make, all the paperwork will be handled at no charge to you.
Top11. What kind of classes are you offering?
To get more information about our classes
click hereTop12. I am an experienced agent, how will I benefit from your training classes?
There are always new things to learn even for seasoned agents. Have you ever wondered what that top agent does to sell more than you even if you have the same experience in the real estate market? To learn more about our classes
click here.Top13. What kind of online back-office do you provide? How will I benefit from it?
With our online back-office you can work from anywhere, this gives you the ability to travel while still being up to date with your business.
Top14. How much coverage will I have in your E&O insurance policy?
We cover all agents at $1,000,000 of coverage per occurrence. We want you to know that we are behind you and want you to have sufficient coverage. Beware of some 100% commission Brokerages that only cover you for $200K. Our coverage for 1 Million dollars is sufficient, and requires you to register with banks and servicing companies to obtain REO listings to grow your business if you so choose. We also have Workers Compensation Insurance.
Top15. How is Supreme Real Estate different than other companies?
Have you seen any other brokerage offer the benefits that we offer? See all benefits
hereTop16. What do I do if I have a question or a problem?
All Supreme Real Estate agents have direct access to the broker daily. All inquiries will be answered within 2 hours. You even get to have the Broker’s cell phone number for urgent matters. Our office staff is available Monday through Friday by phone or e-mail. All agents also have access to the CAR legal hotline. The level of support sets us apart from our competitors.
Top17. What does Supreme Real Estate charge if I do a BPO?
We will not charge you anything for the BPO; you will keep the whole commission.
Top18. Do you hire new agents?
We do hire new agents. There is online and in person training available for our new agents. Our mentor will guide you through all the process with your first buyer and seller. Most brokerages require 3 minimum transactions with a mentor’s supervision. At Supreme Real Estate our minimum is one transaction with a buyer and one with a seller. If you feel you need a mentor for more transactions you will get this support. Most of our new agents feel comfortable on their own after their first closed transaction with each buyer and seller.
Top19. How much will it cost to join Supreme Real Estate?
Nothing. Once joining Supreme Real Estate you will only be responsible for your initial business card purchase and any marketing materials you would like to purchase. To see our marketing materials click here.
Top20. Are you holding any weekly office meetings?
Our agents are busy enough as it is. We have office meetings once a month but agents’ attendance is not required. Our agents receive monthly newsletter via email.
Top21. Your corporate office is located in Marina del Rey. It is too far from my location. Do I need to come to the office each time I have a transaction?
No. Several of our agents are situated throughout California. We can complete most of our transactions through Fax/E-mail. Also our broker is available to you by phone or email every day from 9am-5pm. This allows our agents to work from any location. In addition you can use any of our 15 conference rooms located throughout California.
Top22. Are you a member of the Board of Realtors?
Yes. Being a Realtor has many advantages! To mention a few; Zipforms, ZipVault for transaction paperwork storage, free access to the legal hotline…the list goes on.
Top23. Can I determine what commission percentage I charge?
It is up to each individual agent to determine what the appropriate commission rate is for each transaction. However, we are not a discount brokerage; we are a full service real estate company. We want our agents to maintain their own and the company’s professional image.
