FAQ's
Do I need a New York Real Estate license to transact
with Courtesy Realty Group?
YES, you do need to have an active New York Real
Estate license to transact with Courtesy Realty Group.
Can I sell both Real Estate & Loans?
You can sell both Real Estate and Loans. You NEED to have an active
New York Estate License for Real Estate Transactions. In addition,
you also need to be licensed and up to date with the New York
State Banking Department and Registered with NMLS&R requirements
for loan transactions.
Do I need to be experienced?
Experience isn't required, but if you are new to real estate it
is suggested that you attend training classes or contract with
a mentor on your 1st transaction.
Can anyone with a Real Estate License who wants to join
sign up?
Unfortunately we cannot sign up every agent who inquires about
joining. Each CourtesyAgent
is carefully interviewed and background checks are sometimes conducted.
What is the Commission Split?
The commission split is 100% + $349.99/Month, 90% + $199.00/Month and 80% + NO FEE. Depend on your level of experience, you choose your option
Are there any desk fees, monthly fees, franchise fees or any other kind of hidden fees?
Based on package you choose, There are absolutely no desk fees, franchise fees or hidden fees of any kind. Each agent pays their own MLS Membership fees regardless of which packages they choose, that is mandatory for National Board of Realtor and Brooklyn Board of Realtor.
Do you have Errors and Omissions Insurance?
Yes, this is included in the flat transaction fee per closed file
and covers the cost of legal advise, settlements, judgments, legal
fees, claims, litigation and other risk management costs.
Are there any minimum sales volume or quotas?
There is no minimum sales volume or quotas. Each agent can set
their own sale volume and quota goals. They can choose to do zero,
one, or hundreds of transactions per year.
What MLS boards are you a member of?
We are a member of Brooklyn Board of Realtor (BNYMLS). To see
a current list please Click
here to view
Do you have Transaction Coordinator and Loan Processor
Services available?
We have both Transaction Coordinator as well as Loan Processor
Services available.
Does Marketing and Advertising need to be approved?
We ask that you get all marketing and advertising approved by
the legal department to make sure you are protected.
How do I get Real Estate Signs and Business Cards?
You may use any vendor you like using our Courtesy Realty Group's Name and logo.
How often are Commissions paid?
Commissions are paid out as soon as the file is uploaded into our online transaction system and audited (usually same day / must be in compliance) and usually post to agent's accounts within 24 to 48 hours. For example, if your file is turned in to QC before 2:00 pm Wednesday and it is in compliance you will be paid Thursday. If the file was received after 2:00pm you will be paid Friday.
How are Commissions paid to agents?
Commissions are paid via direct deposit or by check as preferred by the agent.
Can I work from my home or private office?
Absolutely. You can work from your home, or private office part-time or full-time. Each agent works under their own hours, schedules their own vacation time, and decides how much or how little they would like to work.
Do you provide desk or office space?
We do not provide desk or office space, which allows us to charge the minimum fee per transaction. Our agents are given Online Transaction Tools that allow them to handle loan and real estate paperwork
completely online, reducing mail time and operating cost, while keeping sensitive client information secure and paperless.
Can I get Broker Support when needed?
Absolutely, we offer one-on-one real estate and loan support to
every CourtesyAgent, on real life transaction challenges.
No transaction challenge is ever too big; our team's can do attitude
turns challenges into successes. Broker assistance is provided
though our website, live web support, e-mail, and by phone and
fax.
What steps are involved when I sign up?
Signing up is a relatively easy process. The first step is signing and returning the Courtesy Realty Group paperwork and transferring your license. Our staff will assist you in getting acquainted with our back site, as well as provide you with all of the tools you will need to transact.