FREQUENTLY ASKED QUESTIONS
How Do Commission Advances work?
On rental contracts, we pay our agents as soon as the security deposit has cleared and we have a fully executed contract to lease or lease agreement signed. Our agents do not have to wait 20 or 30 days until their clients move in to get paid.
What Kind Of License Do I Need To Join BRICKELL BROKERS?
A valid Florida or New York Real Estate Salesperson or Broker’s license.
When Can I Begin Doing Transactions Under BRICKELL BROKERS?
As soon as your license is active under BRICKELL BROKERS with the DBPR. or DOS
How Much Will It Cost To Join BRICKELL BROKERS?
Absolutely nothing. Simply fill out the application online and you will become our agent/broker associate in less than one business day.
Is There A Minimum Sales Volume At BRICKELL BROKERS?
No. You can do, one or several transactions per year. We never charge a fix or monthly fee to our agents.
What About The Cost Of E&O Insurance?
BRICKELL BROKERS pays 100% of E&O insurance for all our agents.
Is there a monthly fee payable to BRICKELL BROKERS?
Absolutly nothing. $0.00
How Soon Do I Get Paid After a Sales Transaction Has Been Closed?
The Same day of the closing.
How Soon Do I Get Paid On A Rental Contract?
As soon as the security deposit has cleared and we have a fully executed contract to lease or lease agreement signed. Our agents do not have to wait 20 or 30 days until their clients move in to get paid.
Can I Negotiate My Commissions With Clients?
Yes. You are free to set your own sales commissions, as low as you want. However, the $450 flat fee per sale, will be payable to BRICKELL BROKERS and will be calculated based on whatever commission is offered on the MLS as compensation.
May A Real Estate Agent Credit A Portion Of The Agent‘s Commission To The Borrower?
Yes. As long as the following requirements are met: 1. The credit must be disclosed in writing to all parties involved in the transaction 2. Credit/rebate must be done through the escrow agent/title company, it MUST be approved by the lender and STATED on the final HUD signed by all parties.
Can I Use A Local Source For Business Cards, Business Signs, And Materials?
No. you must use our preferred printing company to keep the same corporate image.
Are My Clients Free To Use Any Lender, Title Company, Or Escrow Company For Their Transactions?
Yes. You are free to select the services that best suit your needs. However, we recommend using our in-house Real Estate Attorney, to keep more control of the entire transaction.
What About Board Of REALTOR® Memberships And MLS Access?
BRICKELL BROKERS is a member of the MIAMI BOARD OF REALTORS, FORT LAUDERDALE BOARD OF REALTORS and NAR. Each agent is required to obtain their own MLS access.
How Do I Get Broker Support?
Broker assistance is provided through our website, via e-mail at firstname.lastname@example.org by phone 305-438-7777or our whatsApp company group.
What Forms Do You Use?
We provide DotLoop account to all our agents, at no cost to our agents.
Do You Provide Office Space Or A Conference Room?
For our local agents, we provide WORKSTATIONS and a conference area that may be used during our normal office hours Monday - Friday 8-6pm.
As An Agent, Can I Charge The Buyer And/Or Seller A Fee On Top Of My Commission?
Yes, an agent is entitled to charge a transaction fee to a buyer and/or seller. These fees are negotiable; rates can vary and must be agreed upon with the client in writing. The fee must be paid through the escrow agent/title company and stated on the HUD. No fees can be collected before the transaction has closed and funded.
How Can I Join BRICKELL BROKERS?