If you are a newly licensed real estate agent you probably looking for a brokerage to sponsor you. Maybe you considered joining a 100% commission brokerage but found their fees too expensive. We’ll show you how Realtors earn 100% Commissions for $50 a month.

In addition, this post will show you how to make money as a 100% commission real estate agent.

Our 9 steps plan for starting your real estate agent business leads to a successful career.

 

KEY TAKEAWAYS

 

• Our brokerage offers a 100% Commission Plan for $50 per month.
• This plan requires deducting $1,200 for each of the first 3 closings.
• After that, you will earn 100% commissions with no fees for the rest of the year.
• Even novices and rookies Realtors can join our 100% commission brokerage and profit.
• This post offers useful tips for starting your 100% commission business.
• Our 9 steps for starting your real estate agent business guide you to a successful career.

 

How Realtors Earn 100% Commissions For $50 a Month

 

Big Block Realty provides our Realtors with 3 different Commission Plans.

1. Pay $50 per month and pay us on your first 3 commission checks. We’ll deduct $1,200 from your first 3 closings per year. We doubt any other brokerage offers such a low monthly fee; or
2. You pay $300 per month and keep 100% commissions on every closing; or
3. Save money by paying an annual one-time fee of $3,000 (that’s a savings of 16.7% from our $300 per month fee).

 

Even New Realtors Can Earn 100% Commissions

 

While taking state licensing courses you probably learned about the different types of commission brokerages like traditional splits between agent and broker (50/50, 70/30. 80/20).

Plus, you probably learned about 100% commission brokerages. Yet, an instructor or a Realtor suggested that 100% commissions are better suited for experienced agents with established clients or leads production.

Why pay hundreds of dollars on 100% commission monthly brokerage fees if you are just starting? Normally, that is what real estate agents pay. Yet, we at Big Block Realty believe you don’t have to become wealthy and experienced before joining a 100% brokerage.

That’s why we came up with our unique $50-a-month 100% commission plan.

 

Don’t Be Afraid of Your Lack of Experience

Even novices and rookie Realtors can join our 100% commission brokerage and profit.

Read how new Realtors can start a business below.

 

Starting Your Real Estate Agent Business

 

Here’s how to start your new real estate agent business. Follow these 9 steps:

1. Align your personal plan;
2. Create your business plan;
3. Build a marketing plan;
4. Set up a CRM;
5. Create a website and a blog;
6. Go after prospects;
7. Nurture leads;
8. Establish good time management; and
9. Find a brokerage that gives you the necessary support to succeed.

Continue reading to see how these 9 steps help your business.

 

1. Align Your Personal Development Plan

 

Before creating your business goals and plans, you must align an ideal Personal Development Plan (DVP). Combine your personal life with your financial goals.

Ask yourself, what is my ideal life as a real estate agent? Questions that you must consider are:

• What time do you want to start working?
• What time do you want to finish?
• Do you only want to work on certain days? and
• How much money do you want to earn?

Money: Think about what age you want to retire. How much money will that take? Do you want to pay for your kids’ college in full? Do you want to buy a yacht or take a long vacation every year?

Time: Do you need to pick up your kids from school? Do you want to be with your family for dinner every day at 6 pm? How do you want to spend your weekends?

Your quality of life and lifestyle needs determine how much money you need to make and how much time you have to make it.

 

2. Create Your Business Plan

Once you determine how much money you need and how much time you have, it’s time to create your business plan.

Begin writing your business plan aligning your business and personal needs. Here are questions to consider:

1. What principles and values will drive your real estate agent business?
2. How does selling real estate make a meaningful difference for you and your prospects?
3. How do those differ from your competitors?
4. What business tasks will you do yourself? and
5. Who will perform the other necessary tasks?

Answering these 5 questions puts the functions and daily business tasks from your hands into an assistant’s hands. Consider virtual assistants to save money.

Tip: The Small Business Administration (SBA) publishes a useful guide for writing your business plan.

 

3. Build a Marketing Plan

 

After getting your license and creating a business plan, your next step is building a marketing plan.

Learning your market and keeping up with what is happening is your next step. Yet, know that leads and prospects don’t grow on trees. You must offer something of value to your leads. Here are 4 questions to consider:

1. What are the newest selling, pricing, and buying trends in your market?
2. Do you know creative ways to discuss these trends with your target audience?
3. What is your unique personality and approach to finding prospects?
4. What do you offer that none of your competitors don’t?

The answers to these 4 questions provide you with a unique value proposition (UVP). This is how you clearly describe the benefits of your offer. It includes how you solve your prospects’ needs. Also, what makes you different from your competition? Your UVP must prominently appear in every marketing campaign.

Tip: Shopify publishes 7 Marketing Plan Examples to help you with creating one.

Read our useful posts about:

• “How To Build Your Personal Real Estate Brand”;
• “Best Real Estate Agent Marketing Trends”; and
• “How to Promote Your Real Estate Agent Brand on Social Media”.

 

4. Set up a CRM

 

A Customer Relationship Management (CRM) system organizes your contacts with actionable insights. According to HubSpot, it “helps you to walk your leads through relevant nurture campaigns based on lead sources or automates the entire transaction process”.

Your CRM helps your real estate sales business throughout the home buying process involving other agents and professionals while developing more leads. It streamlines your business with automated onboarding drips while keeping the administrative side of your business streamlined.

Tip: Forbes published the 7 Best CRMs for Real Estate 2022 with summaries and pricing.

 

5. Create a Website and a Blog

NAR studies reveal that over 44% of all buyers begin their search for a new home online. This number increases every year, That’s why a web and blog presence is essential for your business to attract and engage with online leads.

Creating a website and a blog won’t cost you very much as many DIY web development sites help you. Just find a web host and buy a domain name that reflects your brand.

Likewise, build a good SEO-focused website letting you integrate IDX listings that will send leads directly to your CRM for prospecting. An Internet Data Exchange (IDX) displays real estate listing information on websites. An IDX enables MLS members to integrate real estate listings from the MLS database into an agent’s website.

Blogs allow you to engage with viewers by encouraging them to post comments about your content. Replying to all comments creates positive engagements leading to prospects and further leads.

Tip: The Close published the “6 Best Real Estate Agents Website Builders of 2022”.

Read our helpful blog posts about:

• “How Real Estate Agents Write Better Blogs”;
• “Best Real Estate Blogging Tips By Google”; and
• “How To Be A Real Estate Agent Expert Blogger”.

 

6. Pursue Prospects

 

Successful agents use their CRM to schedule emails, mailers, texts, and phone calls into a prospecting strategy. A simple prospecting system based on consistency helped many successful agents.

Tip: One Atlanta agent explained how his CRM used his Sphere of Influence (SOI) to “transform 279 contacts into $90 million in home sales in just four years”.

Read our:

• “How to Get More Real Estate Clients with Inbound Marketing” post;
• “How to Use Facebook to Promote Your Real Estate Brand”;
• “Instagram Promotes Real Estate Agents”; and
• “How to Use Pinterest for Marketing Your Realtor Business”.

 

7. Nurture Leads

 

Leads who contact you always expect to hear from you.

Tip: Mike Pannell, a broker is a master lead generator who advocates using a follow-up system for long-term lead conversions. His experience showed that 70% of initial contacts took over 180 days to buy homes through him. He found that only 3% of new leads actually closed. Yet, consistently nurturing leads paid off with offers after 180 days.

Read our helpful posts about: “Social Media Lead Generation for Real Estate Agents”.

 

8. Establish Good Time Management

 

Most agents who start a real estate business failing to establish good time management flopped.

Automation saves time by eliminating manual work. Using marketing automation coupled with a good CRM frees you up more time to focus on revenue-driving activities.

Tip: Check out Hubstaff’s Free Time Tracking Software.

 

9. Join a Brokerage That Gives You Support to Succeed

 

Check out our Support web page that explains the many support services we provide to our Realtors.

Here is a summary of our 6 support services:

4 Offices to Work From

Big Block Realty maintains separate offices located in Carlsbad, East County, San Diego’s Mission Valey, and Temecula for your convenience.

Use one of our conference rooms to meet with clients, prospects, and other agents.

Or, rent space at one of our 4 offices permanently to get out of your home office to impress prospects and clients.

Agent Concierge

Take advantage of our concierge services such as answers to quick questions to help make dinner or lunch reservations to meet prospective clients. We’ll help to make your real estate business easier.

BBR Mentorship Program

If you are new to the industry or need hands-on learning, we offer you a mentorship program to become successful.

BBR Technology

We provide Sweet Assist technology for a streamlined transaction management process with online document e-signatures and direct bank ACH transfers.

We even give our Realtors a system for marketing their database leads.

3 Attorney Brokers on Staff

Get your compliance and legal questions answered by one of our 3 brokers who are licensed attorneys.

Free Training Classes

We offer our Realtors free real estate training classes covering important topics like:

• Contracts;
• Legal;
• Marketing;
• Sales Skills;
• Social Media; and
• Team Building.

 

How Realtors Earn 100% Commissions For $50 a Month – Conclusion

 

You just learned how Realtors earn 100% Commissions for $50 a month.

We showed you 9 steps for starting your real estate agent business:

1. Align your personal plan;
2. Create your business plan;
3. Build a marketing plan;
4. Set up a CRM;
5. Create a website and a blog;
6. Go after prospects;
7. Nurture leads;
8. Establish good time management; and
9. Joining a brokerage that gives you support.

According to Placester, a national real estate marketing platform,

“In 2022 agents in California made 8% more than the national average, i.e. $112,881. The highest earnings were reported in Los Angeles, San Diego, and Sacramento.”

 

Want to Join the Best Real Estate Brokerage in San Diego?

 

Big Block Realty is recognized in 2022 as the Best Brokerage in San Diego for four straight years (2018 – 2021) by the LocalBest.com site.

Top 50 in the U.S.: Big Block Realty is also recognized as the 49th Best Independent Real Estate Brokerage in the U.S. in 2022 out of 106,000 real estate brokerages by

The Wall Street Journal partnering with Real Trends Rankings.

Join Us along with over 1,000 other San Diego areas and other parts of California Realtors as we offer complete transparent 100% Commission Plans with no hidden fees.

We also include Free:

• Training Courses;
• Broker/Attorney Support; and
• Agent Concierge Services

 

 

Steven Rich, MBA – Guest Blogger

 

 

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550 – 3209

or Click: https://100commissionrealestate.com/contact

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