4 min read · June 16, 2023
In the state of Florida, real estate agents are required to work under the sponsorship of a broker. That often means paying a variety of fees as well as splitting the commission for every property sale you facilitate.
How long do you have to wait until you can step out from under your brokerage and work as your own boss? You must actively work as a real estate associate for 24 months over a maximum timeframe of five years before you can apply for a broker’s license.
Do all real estate brokerages require you to split your hard-earned commission? The good news is that the answer is no.
Working under a traditional brokerage has its pros and cons. On the one hand, you may get to use established branding and benefit from the positive reputation that your brokerage already has when securing new clients and listings. You may also get additional training and education from your brokers that you did not receive while completing your real estate license requirements.
On the other hand, you will likely need to pay a variety of fees, which can include things like franchise fees and desk fees. Plus, traditional brokerages will take a percentage of your commission. This often falls into the camp of a 50/50 split, 60/40 split, or 70/30 split.
Plus, not all brokerages are as hands-on with their real estate agents. In other words, they take a split of the associate’s commission without offering marketing tools, branding, and education. Each traditional brokerage is unique, and some may be better suited to your goals than others.
What if you could gain access to all of the tools and education that you needed to build your Florida real estate business while keeping all of your commission? White label brokerage sponsorships offer exactly that. With Pinnacle Realty Advisors, you can get everything you need as a new or established real estate agent at a flat rate as low as $430 per year.
Some new agents may find that working for a traditional brokerage offers the experience they’re looking for. How do you know if a 100% commission real estate brokerage is right for you? Let’s take a look at some of the signs.
If your goal is to one day start a brokerage of your own, you’re probably already thinking about how you would brand your agency and your services. Yes, it can be useful to utilize established branding, but it’s also useful to build a real estate career under your own branding from the start.
With Pinnacle Realty Advisors, you don’t have to market yourself as a Pinnacle real estate agent. Instead, you can create your own website, logo, and marketing materials that reflect your own unique qualities and values.
Real estate offers the opportunity to grow your income without any salary caps or limitations. For many new real estate agents, it can take a few years of experience to start earning the kind of money you’re hoping to earn. This can make it difficult to take hold of your finances and plan accordingly.
We believe that you deserve to keep every cent of your commission, whether you’re a new agent facilitating a few property sales a year or a seasoned agent facilitating several sales a month. That’s why we charge a flat rate for every plan with no hidden fees while you get to keep 100% of your commission.
One of the major appeals of working in real estate is the potential for control over your own schedule. When you’re in charge of your listings and client lists, you get to decide when to meet, when to work on-site on your properties, and when to hold office hours.
The problem is that some brokerages will expect you to put in set hours at the office, and determine how much time you need to spend making cold calls, distributing marketing materials, and more. If you don’t want to be beholden to someone else’s methods and scheduling, a brokerage sponsorship like Pinnacle may be right for you.
As we mentioned earlier, one of the perks of working under a traditional brokerage is access to things like real estate tools and the experience of established brokers. With Pinnacle Realty Advisors, you’ll have access to everything you need no matter where you work thanks to our cloud-based system.
Whether you need help building an affordable website, securing leads, or working through unfamiliar territory, we’re here to help. Our virtual office is equipped with all the tools you’ll need to build a lasting and successful real estate business in Florida. You can join our Florida community of independent agents or start your own business, all while keeping 100% of your commission.
Are you making the leap to become a Florida real estate agent? If so, it’s important to know what your options are when it comes to real estate brokerages. You can work under a traditional brokerage or you can join our real estate revolution of white-label and BaaS technology.
Do you want to learn more about getting started with Pinnacle Realty Advisors in Florida? Contact us today and let us know about any questions you have or what kinds of services we can provide for you.