Frequently Asked Questions
When becoming a real estate agent or joining a brokerage, we imagine that you’ve got a few questions of yourself. Questions about commissions, hidden fees, application requirements or maybe you even want to know if a real estate agent has a salary?
When joining a brokerage it’s very common to have questions. Especially when still being relatively new in the real estate market.
Do you have a question that hasn’t been answered yet?
Click on the ‘Ask a Question’ button below and ask your question.
Are there any hidden fees?
Absolutely none at all. At Realty100 we are firm that you put in all the hard work and should keep 100% of your money. Our fee structure works great for both Part time agents and Full time agents.
What requirements do I need to Join Realty100?
Must have a Florida Real Estate License.
How quickly will I get paid my commission?
You will get paid at the closing table. Why wait to get paid? It is your money!
Does Realty100 Provide Education Services?
Yes, we have training on demand and would gladly meet on one on one basis. We also provide In-house Lunch and Learn Seminars. We encourage our new real estate agents to take our seminar as well as your local Realtor Association offers with your membership.
How long does it take to get signed up with Realty100?
It takes simply less than 2 hours...
How many years of Industry Experience?
Over 35 Years...
How do Realtors make commission?
Commissions are negotiable between listing agents and their clients. So how much does a real estate agent make? It depends on the closing price of the home. If the home sells for $500,000, a 6% commission would be $30,000.
In many cases, the commission is evenly split between the buyer’s agent and the listing agent, but sometimes the split is negotiated unevenly. For example, a seller could agree to pay a 5.5% commission divided so that the listing agent receives 3% and the buyer’s agent receives 2.5% of the listing.
What are the requirements to be a real estate agent in Florida?
4 Steps to Become a Real Estate Agent in Florida
Take and Pass a Pre-License Course -Take and Pass a Pre-License Course.
Get Your Fingerprints Taken - Florida requires a criminal background checked before issuing a real estate license.
Submit Your Application - You must be at least 18 years of age, have a United States social security number and hold a high school diploma or its equivalent.
Schedule and Pass the Florida Real Estate Exam - After receiving your approval confirmation and candidate ID number (FLREAPP) by email, you can schedule your state exam. You have 3.5 hours to answer 100 multiple-choice questions (a, b, c, d). The passing score is 75%. You can retake the Florida state exam as many times as you wish. You simply need to wait 24 hours to reschedule the examination.
Do you have a question that hasn’t been answered yet?
Click on the ‘Ask a Question’ button below and ask your question.
