F.A.Q.s

( Frequently Asked Questions )

Here are  answers to typical questions asked by agents before joining Independence Realty. If you have other questions or concerns, feel free to call toll-free at (877)825-6064 or email: info@independencerealty.net

Q: What's the Commission Split? A:   Independence Realty's nominal fee is only 5%  per transaction. Our agents keep 95% of their commission earnings.

Q: What does  risk management (E&O) cost? A :  $125 per transaction OR $700  per calendar year for unlimited transaction coverage. The choice is yours.

Q: Are there any other fees? A: No. We do not charge office, desk, minimum dues or monthly fees.

Q: How fast do I get paid upon closing an escrow? A: You'll get paid on the same day escrow is closed.

Q: What are your advertising requirements?  A: All Independence Realty affiliates must use Independence Realty's trademark name and logo on all promotional / marketing materials.   This includes signs, flyers, brochures, websites, business cards, etc.

Q. Can I negotiate the sales commission (s) I charge my clients?  A. Yes. Your sales commissions or any fees you charge for services  rendered are entirely negotiable between you and your clients.  

Q: Can I broker loans? What is your commission split for loans?  A: Yes, you can broker loans through Independence Mortgage Company. We are approved with several wholesale lenders offering a variety of loan programs. The broker fee for loans is 10% of the total earnings,  you keep the 90% balance.

Q: Does it matter where my home base is in California?  A: There are no geographical limitations,  your servicing area can be anywhere in the State of California.

Q: What about Board of Realtors membership and MLS Access?  A: Independence Realty is a member of the C.A.R. , N.A.R and several regional MLS boards. Our affiliates access the MLS individually. Please inquire with your local Board of Realtors about  MLS access  and / or membership  costs, dues  and requirements. Affiliates are responsible for their individual MLS access fees.

Q: How Do I get Broker Support?  A: Broker assistance and support is available 24X7 via email at info@independencerealty.net , toll-free number (877)825-6064 or via Fax (619)270-2325. Independence Realty also publishes an informative E-Newsletter on a monthly basis.

Q: Which Lenders, Escrow or Title Cos. am I required to use?  A: You are free to select the services that are best suited for your clients' needs. As a policy, we do not sponsor or recommend any specific vendors or service providers, which prevents possible conflict-of-interest issues.

Q: What forms do Independence Realty Agents use ?  A: As REALTORS, we use  N.A.R. / C.A.R. - approved forms only. You may obtain forms at your local Board of Realtors’ office or simply download them from www.winforms.com. 

Q: Can I do property management through Independence Realty?  A: No. Property management is not allowed under Independence Realty's license.

Q: Do You Use Company-Specific Forms?  A:  To see our Company-Specific Forms, click on our "FORMS" link.  This area is reserved for Independence Realty affiliates only.

Q: How can I join Independence Realty?  A: Click on the "Join Our Realtor Team" link located on our homepage or call us at (877)825-6064,  or  email us at: info@independencerealty.net  

Q: How do I make my broker affiliation change?  A: Go to www.dre.ca.gov click on "E-Licensing" link, follow the instructions. Enter Broker#01449180 when prompted. 

      REWARD YOURSELF.  JOIN INDEPENDENCE REALTY  NOW!

                                 MISCELLANEOUS GLOSSARY OF TERMS

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