Welcome to Agent FAQ!
Welcome to Agent FAQ!
Most agents change brokers every 3-5 years. We understand that making a move in your career can be stressful. We are here to make it as easy as possible to say yes to the best opportunity for you and your career in Real Estate.
Below you will find the most common questions we answer for agents just like you. We've also include some links to a few more important questions that require a little more in depth answers. If we've missed anything at all, let us know and we'll be happy to provide an answer for you.
Real Estate Agent FAQs
Real Estate Agent FAQs
How do I sign up?
The easiest way to get the ball rolling is to contact Jenn Worthington at [email protected] She can get you set up with the simple transfer paperwork you need and help provide a seamless transition between your current broker and Community Realty.
Who signs my Pocket Card?
The Principal or Managing Broker is authorized to sign the back of your Pocket Card. This must happen in order for you to continue practicing Real Estate through the transfer process.
Does my current broker need to sign my transfer form?
No. Your current broker does not have to sign your transfer form. The Association will call and let them know you have transferred out.
Is there a fee to transfer brokerages?
Yes. The Greater Lansing Association of Realtors charges $50.00 to transfer brokerages. This is billed to Community Realty the month after you join and then the fee is passed on to you. You will also need to go online and request your license to be transferred to Community Realty. There is a $10.00 fee for that transfer as well. Community Realty does not charge any other set up fees.
What about my yard signs and other marketing materials?
We’ve got you covered! You can use our company signs as long as you need to when you join to Community Realty. We’ve got sign templates you can use to order your own when you are ready, and most sign companies will reface your existing signs as well which will save you money upfront. You are also welcome to use our flyer designs, door hanger designs, business card designs and of course you will have access to the logo as well as the Brand Color reference page.
What about my current transactions? Do I need to wait until I close all my current transactions to transfer?
Absolutely not! Don’t wait. Every day you wait is a day you are costing yourself money that you have earned! Your current broker will almost always allow you to close out your pending transactions under whatever your terms are with them. We have not had 1 other brokerage deny a transferring agent commissions. You simply need to ask what your current brokerage’s protocol is on closings after you leave the firm.
What about my current listings that are not under contract yet?
If you have listings that are not under contract yet, there are a couple of possible scenarios. Your current broker will most likely release the listing to you and you will simply withdraw the listing, sign a new listing agreement with your seller under Community Realty and enter it into the MLS. You will also want to put a new sign in the yard.
Other highly unlikely scenarios include your current broker requiring you to complete the sale and closing under the terms of the existing listing agreement, or they may release but require a referral fee of some sort. If you run into either of these unlikely scenarios, please contact Jenn Worthington to talk about solutions that will help you successfully navigate these situations, and be extra grateful that you have freed yourself from a brokerage that is clearly more interested in your money than they ever were interested in you 😊
Is there office space available at Community Realty or can I work from my home?
Yes! There is office and cubicle space available at Community Realty. We have 2 areas with space available on a first come first serve basis. We have cubicle spaces available in our main agent room. They consist of desk space, a chair, and a divider. They are designated spaces, so you won’t have to share space unless you want to 😊. We also have private locking office spaces that can be leased by an individual or group of agents. Most offices upstairs will accommodate 2-4 people. Offices can be furnished with desks and chairs if needed.
Private offices and cubicles are leased on a month to month basis with each agent putting a deposit equal to rent. Office space is invoiced monthly and may be paid via check or online with ACH or Credit Card. Please see Jenn Worthington for information on office space availability.
What training is currently available at Community Realty?
Currently Community Realty offers agents access to a training database that will lead them to whatever training they might need.
For new agents or agents with less than 2 years experience, we offer our Mentor Program. This program pairs you with an experienced agent or associate broker to learn the basics on your first few transactions. That way you get practical training that will get your career off to a great start and get you to the closing table faster!