Sign Up Fee:
999 USD (One time payment, of which 300 USD processing fee and 699 USD on boarding fee)
Term:
12 months (Automatic contract extension 4 months before the end of the contract)
Technology Fee:
159 USD per month (1.-3. months payable Up Front, from the 4th month onwards on the 1st of the month).
Additional the technology fee is either 159 USD per month, or 139 USD per month if paid annually up front at once.
Commission Split:
85% Real Estate Agent less 8% Royalty Fee (1.Cap: 15.000 USD, then you switch to 90%)
15% Real Estate Matching24 or Franchisee
90% Real Estate Agent less 8% Royalty Fee (2.Cap: 5.000 USD)
10% Real Estate Matching24 or Franchisee
Total Commission Cap: 20.000 USD
Once Real Estate Agent hits Commission Cap, they will no longer be subject to a commission split. Should any transactions be subject to any country, state or local taxes, the split will be calculated after the tax is deducted.
Personal Transaction is Commission Split free for one Deal per year. A Personal Transaction is any Lease, Purchase or Sale for which Real Estate Agent has an ownership or lease interest (in own name, a spouse’s name, or a business entity).
Royalty Fee:
8% from Revenue
Royalty Fee reduces belonging to Real Estate Matching24: 1.Year: 8%, 2.Year: 7,5%, 3.Year: 7%, 4.Year: 6,5%, 5.Year: 6%, 6.Year: 5,5%, 7.Year: 5%
Royalty Fee reduces depends on Property Deals per year (Januar – December):
5% each deal: 9. – 20. Deal (Sale, Rent)
4% each deal: 21. – 32. Deal
3% each deal: 33. – 44. Deal
2% each deal: 45. – 56. Deal
1% each deal: > 56. Deals
Admin Fee:
1.250 USD per year (250 USD if 1.Deal closed, 250 USD if 2., 3, 4. and 5.Deal closed)
Transaction Fee:
0.2% of the purchase price, maximum 500 USD each Sale (1.-12 Deal).
0,2% of the purchase price, maximum 250 USD each additional Sale
90 USD each Lease/ Rent
Transaction Fee is paid by the Real Estate Agent who concludes the contract. Transaction fees are deducted from all transactions. Transaction fees paid do not apply towards commission caps.
Commission billing is carried out by the company headquarters by the 10th of the following month.
Additional Fixed and Optional Commission Fee Rules:
If you suggest a new Real Estate Agent, you will receive 5% from his/ her commission for the first 3 Deals. These 5% will be paid from Real Estate Matching24.
If you are a first time Real Estate Agent with less than 1 years of experience, your Commission will be reduced by 20% for the first 5 deals. Real Estate Matching24 and/or the connected Franchisee Real Estate Agency receive the 20% for Training and Education.
If you are an Real Estate Agent with 1-3 years of experience, your Commission will be reduced by 15% for the first 5 deals. Real Estate Matching24 and/or the connected Franchisee Real Estate Agency receive the 15% for Training and Education.
If you are an Real Estate Agent with more than 3 years of experience, your Commission will be reduced by 10% for the first 5 deals. Real Estate Matching24 and/or the connected Franchisee Real Estate Agency receive the 10% for Training and Education.
If the Real Estate Agent has the need for Training from experienced Real Estate Agents or Franchisee, we can arrange an „Buddy“ Support for 3-5 months and the „Buddy“ receives 20% from the next 3-5 deals (1 month = 1 deal 20%).
If the Real Estate Agent is connected to an Franchisee Real Estate Agency in their Region and a new customer enters the Franchisees office, then the Franchisee receives 10% of the Commission.
If the Real Estate Agent receives customer recommendations from other Real Estate Agents or Franchisees Real Estate Matching24 (Real Estate Agency, Property Management, Mortgage Broker, Insurance Broker or Property Valuation), who would like to sell or rent their property, then the tipster receives 20% from the Commission.
If a property sale or lease/rent is handled from 2 Real Estate Agents, one sold the property and the other one aquired the property, then receives both a half of the Commission (tipster or similar Commission will be deducted up front).
Services Headquarter Real Estate Matching24:
Real Estate Agents CRM with Mobile App
Transaction Software
Billing and bookkeeping
National Marketing
National Phone Service
Support Leads and Lead Generation
Real Estate Agents Support
Benefits:
Real Estate Agents will be automatic connected with your regional Franchisee Real Estate Agency (If there). This means no changes regarding your earnings. Additional you are receiving more options and possibilities to benefit from your regional Franchisee. For example, to sell or rent larger projects like Land developments, multi unit properties from Investors, Developer, Family Offices, ect., because they are more Interested in Franchisees with a powerful Team of individual Real Estate Agents.
With our Framework we give you more space and flexibility for your phases of Life and Life situations.
You can start while working, studying, ect..
If you are moving to another Region (Same Country or abroad), you can Work there as an Real Estate Agent as well without changes to us. Just let us know and we are preparing what needed.
If you would like to work part time from the beginning or later, it does not matter why, you can do it.
If you need a Break (Family situations, sabbatical, travelling, ect.), please let us know. With the 4 month the monthly Technology Fee reduces to 49 USD and with the 10 month to 5 USD and you keep connected.
If you would like to become a Franchisee Real Estate Agency, you can do it. Please let us know your choosen Region.
We have a Commission Fee concept with few fix monthly Fees. There are no worries, because most Fees are Performance oriented Fees. They are connected to Deals and Revenue.