What is a 100% Commission Real Estate Broker?

A 100% commission real estate broker is a brokerage that offers agents a very low cost commission structure. This commission structure is intended to allow real estate agents to keep 100% of the commission that they earn.

What is a 100% Commission Real Estate Structure?

The commission plan for 100% commission brokerages varies from broker to broker. It can range from a monthly or annual fee, a risk management or E&O fee,  flat a transaction fee, or some combination of these.

What Fees Should I Ask About at 100% Commission Real Estate Brokers?

When you are interviewing or considers 100% commission real estate brokers, ask if they charge any of the following fees: start-up or application fee, monthly/quarterly/annual fees, risk management or errors and omissions (E&O) insurance fees, transaction fees, broker processings fees, or different fees for high risk transactions – like agent owned properties. Always ask for a copy of the contractor agreement and read it thoroughly.

How Do I Find a 100% Commission Broker Near me?

A simple web search for 100% commission brokers, and the name of your state will give you several companies to consider.

What 100% Commission Structure Does OpenHome offer?

OpenHome is seeking to be the lowest 100% commission broker in the industry. We charge $49 a month and the agent keeps everything else.

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