Welcome to our Frequently Asked Questions page. If you have a questions that is not addressed below, please send us an EMAIL or give us a call at 877-449-7653. 

What makes Realty Source different from other "100%" companies?
At Realty Source we are one of the only companies in California to offer a TRUE 100% commission. Unlike most of our competitors, we do not charge penalties or hidden fees! The commission plans we advertise include broker paid E&O Insurance, and have no hidden insurance or "risk management" fees, ever! In addition, we also have an experienced broker with over 1000 transactions completed and an on-site transaction coordinator. 

Fact: Realty Source agents average more closings per year than any of the other top 5 100% commission brokerages.

What is your commission structure?
We offer 3 different 100% Commisison plans.

• Plan 1: $99/mo - $99/Closing
• Plan 2: $39/mo - $399/Closing
• Plan 3: Only $599/Closing 

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. Our insurance includes free legal support, agent-owned property coverage, and the lowest available deductible of $2500.

Do you have a Transaction Coordinator?
YES! We have an In-House Transaction Coordinator that ONLY works for Realty Source. 

T.C. Prices:      $299 per side (Includes copy of every file for you and your client)

Click HERE to learn more about our Transaction Coordinator

What do I do If I have a question or a problem?
All of our agents have DIRECT access to the broker daily from 9am - 7pm, EVEN WEEKENDS! All inquiries are answered within 4 hours. All of our agents also have access to our FREE legal hotline. The level of support we offer is what sets us apart from our competitors.

Are there any hidden fees?
NO! We offer exactly what we advertise. No Penalties, Hidden Fees, Startup Fees, Quit Fees, etc.

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 $42 for 500 business cards with UV Coating.

I currently have a transaction in escrow, do I have to wait for it to close? There is many different answers to this question. It all depends on your employment agreement with your current broker. Our employment agreement allows our agents to take their business with them if they decide to move. Most employment agreements allow you to leave and still earn your commission as long as you complete all of your duties.

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. Agents that use our Transaction Coordinator are paid directly from escrow.

How long does it take to become affiliated with Realty Source?
We can have the paperwork completed in as little as 15 minutes. The advancements in technology have given us the luxury of completing the required paperwork in a very quick manner.

Do I have to be located near the corporate office?
NO! We are licensed to conduct business in all of California and have agents throughout the entire state. We can complete most of our transactions through Fax/E-mail/Mail Etc. Our mode of operation allows agents to work from wherever they choose and enjoy the benefits of an increased commission split.

Do you have a physical office?
Yes, Our Corporate Office is located at 365 Broadway #201, El Cajon CA 92021. Agents are free to use the office for mail, pick up/drop off, business address, faxing, copies, etc. Our philosophy is by minimizing overhead we are able to offer our agents MUCH HIGHER commission splits.

Does Realty Source offer Websites or Marketing Materials?
YES! We are the first 100% Company to offer FREE Website design and exclusive marketing materials for our agents.

Websites:
For agents on plan 1 or 2, we pay 100% of the initial design and setup of our Realty Source agent websites. To view a sample website, please click HERE.

Marketing:
We offer exclusive designs for our agents. We have a full marketing department which offers Business Cards, Postcards, Flyers, Signs, Vehicle graphics, etc. Please visit www.RealtySourceMarketing.com (Available Summer 2010) 

What would my NET commission be on a $10,000 commission check?

• Plan 1: $9901
• Plan 2: $9601
• Plan 3: $9401

What Does Realty Source charge if I do a BPO? 
On plans 1 and 2, we give you 100% commission on your BPO orders. For agents on plan 3 (no monthly fee) we will only deduct 10% if the checks are made payable to Realty Source. Most BPO companies will pay the agent direct.

Does Realty Source hire new agents?
We only hire new agents that go through our one-on-one training program.  New agents enrolled in our training program have access to the same commission plans as our experienced agents. We often get asked why we "Charge" for training. The answer is simple - most national real estate firms offer training as a part of the 50% commission split they offer new agents. 50% of each closing during an agents first year equals alot more than $800.

To request information please CLICK HERE.

I am interested in Realty Source, however you are not a member of my MLS Board. Will you join?  
We are members of MANY associations throughout California. We are open to joining new associations/MLS etc. For a list of current association memberships, and associations we would like to join, please click HERE.

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 occasional meetings to discuss changes to our business and any form/law changes if needed. We conduct our meetings via online conferencing.

Is there a bonus for referring an agent to Realty Source?
YES! For every agent you refer to Realty Source, Inc. you receive a BONUS every year that the agent remains with the company. For more information please visit our Refer an Agent page.

Are there any team building opportunities at Realty Source?
YES! For agents interested in building a team, we offer significant savings over our published rates. Please visit our Branch Opportunities page for more details.

Who do you use for signs?
We use Dee 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. You are free to use the sign provider of your choice.

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.

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.

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 x5 or by e-mail at Scott@goRealtySource.com