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Varsity Overdrive Realty .com
Mon-Fri* 10AM to 7PM Pacific
Sundays by Appointment
Inactive - No Broker Affiliation
Don't let your license expire;
but also, don't let it cost you
money every four years with no
return for your investment.
You know you're not going to let it go, you
worked too hard to pass the exam.
Place your license under our Brokerage
and when those people ask you, and they
always do,"Do you still do Real Estate,"
you can say yes, I work with a Brokerage.
HOW IT WORKS
1- Put your license under this Brokerage, sign the Salesperson agreement, fill out the W2.
3- If you were joining another Brokerage, you would likely be joining the normal organizations all Salesperson join, however because we are not a member of a board so you do not have to be a member. So this step takes no action.
4- There is a one time initial $50 fee to park your license with us but, as long as you do one (1) transaction within the first year, you will get that fifty dollar back in the form of a $50.00 bonus added to your commission split for that first deal made during your first year; in effect, making your start up fee $00.00.
5- We ask that you are present for the initial meet and introduction, you communicate with the referred person from time to time and maybe do a lunch some time during the deal if we feels it's necessary. Other than that, you won't do any paper work, any showings or any appointments.
We close the deal and you get 15% of the office's paid commission on any home or Vacant Land. Home is defined as any 1-4 unit structure. For larger complexes the fee paid to you may vary. There is an additional deduction from your split of $100 for E&O Insurance.
OUT OF STATE REFERRALS
We also do property management so there's two things we attempt to do. We either get the property owner under a property management contract rent, or we have a finders agreement with the property owner. As an agent we also get paid for finding people to rent the property.
1- If you bring a renter for the property, you get 50% of whatever fee we are paid. We charge(1/2) half of the fist months rent.
2- If you secure a finders fee agreement with the property owner, you get 20% of whatever we are paid (normally half of first months rent). You can get both the 20% for securing the finders fee agreement and 50% for finding a renter for a total of 70%.
3- If you secure a deal for property management, well we'll sit down and figure out what is fair compensation to you based on the deal we have with the property owner.
IT'S THE PERFECT SET UP RIGHT?
Bookmark our website and put our number in your phone. You may not want to sign up now, but when that family member ask you if you can sale their house, you're think of us; we'll be here waiting.
Oh, one last thing. You might feel like your client needs to work with a specific person. Don't worry about it, we are in the process of bringing on several licensed sales persons of various backgrounds, so I'm sure we will have someone that you feel fits well with your client.
Of course I have to make the following standard Disclaimer: The percentages and terms listed on this page are not fixed and are subject to change. Nothing on this page should be considered or qualify as an offer for employment. Licensed sale persons are considered independent contractors by the government departments that have jurisdiction over employment laws and regulations.
contact us at: VarsityOverdrive@outlook.com