- Rental Agent
- Sales Associate
Rental Agent: The present housing glut has caught many property owners off guard. In the past they have been accustom to simply putting a text rent ad in the local paper to obtain a tenant. Now there is abundant housing supply and fierce competition to acquire good tenants. In one local paper (The Putnam Shopper's Guide) we counted over 100 rental ads with only 3 from Realtors (one was a Realtor/landlord). The opportunity presently available to satisfy consumer need is we can assist owners by implementing a far superior multiple photo internet based property marketing solution. The results have been quite a success. The finder's fee we charge owners is one month's rent. The agent commission rate is 60% for someone brand new who only does occasional rentals, or 70% for any agent that does more than one per month. It is not big money but it can be fast right now money rather than waiting months for a closing. The agent earns a commission the day the tenant signs the lease and pays the money. 40% of our rental listings get a qualified prospect showing the very next day after they are listed so it can be that fast. If an agent executes two rentals averaging $1,000 each, at 70% they earn $1,400 take home. The forms for the rental program are very simple and listed for owners on this web site.
Sales Associate: We are small hands on local company (you can actually talk to the owners) with a progressive and diverse multi state service capacity. Our firm offers a competitive commission structure as well as an environment providing flexibility for the individual. We provide and pay for:
- Private desk with computer.
- All regular office and marketing business expenses such as advertising, phone, internet, office supplies, signs, lockboxes, etc.
- Errors and omissions insurance.
- General liability insurance.
- Initial business cards.
- Toll free phone numbers.
With *ownership approval we also pay in full additional special marketing and agent promotional costs:
- Agent mailers.
- Individual agent and or property advertising.
- Virtual tours and slide shows.
- Aerial photography.
Obviously some conditions apply in order for the company to pay for all the last four items mentioned above. But the conditions are reasonable and make good sense. First, the amount the company will pay for in agent ads, mailers and virtual tours is not limitless. But our philosophy is that since we don't have to pay a franchise fee, we believe an agent should spend at least 5 to 8% of their gross commission income (to be reimbursed) in a manner that will enhances the marketing the company already performs as well as benefit the agent and/or their sellers directly. Another condition is that we ask that the agent pays the vendors for these last four items up front. They are then later reimbursed in full by the company at closing (it can be any subsequent closing in the event the listed property does not sell). The reason is this causes the agent to more wisely use discretion on how to utilize funds in a manner similar to what owners must do (reducing the chance of throwing away money on a bad strategy just because someone else is paying for it).
Our 6 Point Training Program:
- A new agent is assigned a mentor who will assist and guide the agent through their first two transactions. An example of this would be when the new agent has an appointment to meet with buyers to write up an offer on property, the mentor is also present to help guide them through it. The company pays the mentor for this assistance.
- Owner brokers Dennis or Sara Duga can accompany a new agent for two listing presentations for owners considering selling. For example, with your first seller appointment we can make the presentation for you so you can experience the process, while at your second presentation we can be present for support in the event of handling any tough questions or objections.
- We have an office training manual that includes examples of how to fill out purchase agreements, how to handle numerous situations such as multiple offers, phone scripts, etc. We also have the agent training manuals for two of the major national franchises.
- Numerous times per year we hold in-house advanced training classes. These include classes such as Dr. Land's How to Buy and Sell Land seminar.
- The company owner is available anytime by phone for guidance.
- The company pays for one half of any classes that are approved by the National Association of Realtors as working toward a Realtor designation (such as ABR, GRI, CRS), Realtor Board or Association classes designated as new agent training, and, any classes that work toward a broker's or appraiser's license. For example, it the cost of an appraisal class is $300, the company pays ½, while the $150 paid by the agent is %100 tax deductible.
If you are interested in learning more or would like a personal confidential interview, please call Dennis or Sara Duga at 1-800-338-1433 ext 202 or 203.
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