Keep MORE Commission
at
Millenia Real Estate
100% Commission Plan
Residential 1-4 Unit Sales: 995 Flat Broker Fee Per Side
Monthly Fee: None
Mortgage Shared Revenue Option: 25%
What’s Included:
Fast Broker Support
No Monthly Fees
No Desk or Franchise Fees
Mortgage Shared Revenue Opportunity
Training for today’s current real estate trends
Less Corporate, More Connected
Benefits of Working at Millenia
100% Paperless
Leverage our brand or create your own
Broker and Office Support
In House Transaction Coordinator Available
Mortgage Support
Mentorship Program
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The “Fine Print” Non-Hidden Fees
Optional Onboarding Package: $99 - Includes 100 business cards, Access to the Millenia G-Suite a suite of cloud-based productivity and collaboration tools
Monthly Fees: None. No monthly fees
Annual Fee: Agents pay a $550 annual fee. This fee is due on the agent’s first transaction of each anniversary year.
Representing Both Sides of a Transaction: Agents representing both parties to a single real estate transaction in a dual agency scenario pay an additional $200 Risk Management Fee in addition to the transaction fee due on each side. This fee also applies to a husband and wife representing a different side of the transaction. Due to the higher risk involved, E&O companies increase premiums based on the number of dual agency transactions they close each year.
Newly Licensed Agents: Agents with less than 3 previously closed transactions, pay an additional $1,250 on their first three closings and will receive high quality coaching and mentorship for these transactions.
Property Premium: For transactions with a final sale price of $1,000,000 or more, agents pay an additional $250 for every $500,000
How Millenia Agents Make More Commission from their Buyers
Traditional Brokerage Example:
Gross Commission: 20,000
Broker Split 35%: 7,000
Net Commission to Agent: 13,000
Millenia Real Estate Agents Example:
Gross Commission: 20,000
Broker Split: 995
Mortgage Revenue Share: $4500 ( 2pts x 900k Loan = 18,000 x 25% = 4500)
Net Commission to Agent: 23,505 ( 19,005 + 4500 = 23,505)