Frequently Asked Questions
Why should I join Realty Source? Realty Source is quickly becoming one of the fastest growing companies in
What is your commission structure? For experienced agents, we offer 2 different plans which include a 90% PLAN and a 100% PLAN! Each agent is allowed to choose which plan fits their needs best.
Do you have a Transaction Coordinator? YES! We have an In-House Transaction Coordinator. For compliance reasons, all agents are required to use our transaction coordinator for every real estate transaction.
How much will it cost to join Realty Source? After becoming affiliated with Realty Source, you will only be responsible for your initial business card purchase. We have negotiated deep discounts on high quality business cards for our agents. Our Graphic Designer offers a package for new agents which start at $50 for 1,000 business cards with UV Coating.
What if I live far away from the main office? We have many agents located throughout California. We are able to complete transactions via fax,phone,email, and overnight delivery.
I am interested in Realty Source, however you are not a member of my MLS Board. Wil you join? We are members of several boards throughout California. We are open to joining new associations/MLS etc. We will split the cost of the broker portion with you. After the first year we will pay all of the fees associated with the Broker membership.
Are there any sales minimums at Realty Source? NO! At Realty Source we understand that all of our agents are hard working self motivated individuals. We DO NOT have any sales minimums or sales quotas.
Are there any weekly office meetings? NO! We feel that our agents are busy enough as it is. We do not require attendance at any weekly or monthly meetings. We do have bi-yearly meetings to discuss changes to our business and any form/law changes.
Do you have Errors and Omissions Insurance? YES!!! We are insured with an AM BEST A-Rated Insurance Carrier. You can be assured that we will always carry adequate amounts of insurance.
When I close a transaction, when will I get paid? Commission payments are paid out no longer than 24hrs after the completed file has been turned into the broker. Many of our agents are paid directly from escrow.
Do I have to be located near your home office? NO! We are licensed to conduct business throughout California. We have several agents situated throughout all of California. We can complete most of our transactions through Fax/E-mail.
Do you provide office space?
Are there any advertising requirements? We require that the Realty Source, Inc. logo be displayed on any advertisement materials our agents use while engaging in real estate activity.
Who do you use for signs? We use Champion Signs (888-791-SIGN). They stock our standard company sign. If you would like to have a custom sign made, please contact them for pricing.
Do I have to use a specific Title Insurance Company, Escrow Office, or Home Warranty Company? You have the right to choose who you would like to use. We urge all of our agents to develop working business relationships with various vendors to help serve their client’s needs better.
What Type of License do I need? You will need a Salesperson, or Brokers license, in good standing, issued by the California Department of Real Estate.
Are you a member of the Board of Realtors?
We are a member in good standing with the following associations:
National Association of REALTORS
If I have a question on a transaction, who do I contact? For all questions regarding real estate transactions, you can call Scott Engle, Broker at (619)258-1000 or by e-mail at Scott@goRealtySource.com