Are YOU interested in joining our Agent Team?
Below you will find some common questions and answer about ‘hanging’ your license at Shandrow Group, Inc. real estate brokerage:
Click HERE to register today.
1. What is the monthly brokerage fee?
A: The fee is $97 per month. Yes, that’s right, it’s only $97 per month. This is charged the first business day you register with Shandrow Group. You pay in advance at the same time each month. If you sign up on October 12th, for example, your next monthly payment will be due on November 12th.
2. How long is the contract between Shandrow Group and myself?
A: There is no long term contract. We just need a written thirty-day advance notice that you want to terminate your Agreement with Shandrow Group, and that is it.
3. How much are transaction costs?
A: Shandrow Group charges $197 per transaction, per side. So, if you sell one of your own listings (dual agent), you have to pay Shandrow Group $394 for that transaction.
4. Are there any other fees I should know about?
A: Yes. You will need to pay for your own MLS access, Supra i-box key and marketing costs. Shandrow Group is a member of PWR and SoCal MLS. You will need to purchase a a membership from them here: http://pwr.net/Membership/JoinPWR/
5. Why do other brokerages charge a much higher commission split and/or monthly fee?
A: Good question. We’re not sure. You should ask them.
6. What about signs, business cards, lock boxes and other marketing materials?
A: You will have to pay for these yourself. We can’t pay for everything.
7. Is there a separate Errors and Omissions Insurance (E & O) charge?
A: No. This insurance coverage is already included in the transaction costs discussed above. However, if there is ever an E & O claim from one of your transactions you will be responsible for the deductible equivalent to your commission split.
8. Can I get leads? If so, how much does that cost?
A: Yes, you will have the ability to get to receive Shandrow Group referrals and leads. The referral fee varies, but is usually around 30%.
9. I am new to real estate. Do you have access training and coaching?
A: Yes, absolutely. Shandrow Group has partnered with Harris Real Estate University to provide the highest quality training real estate training available. Please check out their website at http://harrisrealestateuniversity.com/
10. Do I have to come to the office?
A: Nope, not if you don’t want to. You are welcome to stop by anytime during normal business hours to say “Hi.”
11. Do you offer Transaction Coordinator and Closing assistance?
A: Yes, but this is an additional fee.
12. Can I use my own preferred lender, escrow and title company?
A: Yes, absolutely. You are free to use any vendor you like, however, if you need a referral we are happy to help.
13. Can I do Open Houses on your REOs?
A: Yes, as long as the client allows this and you are on our Open House calendar. This is a FREE service for you. No charge.
14. Can I use your office space?
A: Yes, we have an office space available for agents to meet with clients and work, plus there are phones, computers and a copy machine for limited use.

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