FAQ

Training and Development:

We provide a comprehensive training program, including weekly one-hour sessions every Thursday from 4 PM to 5 PM and monthly training conducted by a title company.

Yes, we keep agents informed about free training sessions hosted by industry leaders and networking events to help expand their professional connections.

The broker and mentors will be available to provide ongoing support and guidance.

Yes, we offer shadowing opportunities with top producers, allowing new agents to gain practical industry experience.

Yes, we are piloting a Mentor Program designed to assist new agents and those seeking guidance. The program focuses on:

  • Marketing yourself
  • Generating prospects
  • Converting prospects into clients
  • Managing clients
  • Closing transactions

Mentorship Requirements:

Sales agents must receive coaching and assistance from an experienced license holder for their first three transactions. To meet this requirement, agents can:

  • Join a team
  • Find a mentor

How to Join the Mentor Program:

  1. Find a Mentor – Browse available mentors and select one that fits your needs.
  2. Approach the Mentor – Initiate contact, finalize arrangements, and complete the necessary agreement.
  3. Follow the Mentorship Framework – Utilize structured learning plans for guided development.
  4. Complete Your First Three Transactions – Work closely with your mentor throughout the process.

Mentor and Mentee Responsibilities:

  • Mentor: Provide coaching, guide transaction processes, and adhere to company policies.
  • Mentee: Implement feedback, complete assigned tasks, and maintain confidentiality.

Compensation: The mentor typically receives a fee of 25–50% from the first three transactions.

Commission and Earnings

  • Residential Agent-Generated Leads: 90/10 split, capped at $15,000 annually. New construction has a flat fee of $500.
  • Residential Brokerage-Generated Leads: 10/45/45 split, with the agent’s 45% portion not counting toward the cap.
  • Commercial Agent-Generated Leads: 90/10 split for deals up to $2 million; 95/5 split for deals above $2 million, both capped at $15,000 annually.

No, but once you reach the cap, you’ll keep 100% of your commissions until the next calendar year.

Yes! Bonuses are available for agent recruitment, surpassing sales goals, and achieving in-house sales milestones.

A detailed commission schedule is provided during onboarding.

Costs and Fees:

  • E&O Insurance: $350 per year for residential or $500 per year for commercial. This is prorated for your first year based on when you join.
  • Optional Costs: Lockboxes ($25–$120), signage ($85–$120), and DocuSign ($240/year).

There are no ongoing desk fees. However, optional services include:

  • Branded email: $240/year
  • Subscription services: e.g., Costar at $485/month
  • Sign rentals: $15 per listing
  • Lockboxes: $25–$120 (varies by type)

Marketing and Branding:

We provide templates for business cards, flyers, and yard signs, along with guidance on setting up professional social media pages.

Some initial materials are complimentary, but agents are responsible for specific listing and advertising costs.

The broker and marketing team collaborate to determine which listings receive promotional efforts.

Absolutely! We offer customizable tools like postcards, door hangers, and just-listed announcements to support your farming efforts.

Leads and Referrals:

Yes, agents have access to brokerage-generated leads, which are offered on a 50/50 split basis.

While we don’t have a dedicated relocation department, relocation opportunities can be discussed with the broker on a case-by-case basis.

Referrals are distributed based on eligibility and performance, with new agents typically qualifying after completing their initial transactions.

Office and Resources:

Yes! Our administrative team assists with transaction management through BackAgent and other support services.

Agents are encouraged to bring their own laptops for work.

Yes, our office has a full-time receptionist to assist agents and clients.

Policies and Expectations:

Agents should maintain a business professional appearance during client meetings and office hours.

Yes, part-time agents are welcome, but they must meet specific production standards.

Top producers are celebrated annually and may be considered for leadership roles or additional referral opportunities.

  • Leases: Our Admin team handle payments for leases. After submitting the CDA and receiving payment at the brokerage, email payments@fullcircle-realestate.com with the property address in the subject line. Send a separate email for each property.

  • Leases with External Agents: Ensure the invoice and W9 are uploaded on BackAgent. All required documents, including bank details, must be complete. Partial payments cannot be made.

Payment Process:

  1. Complete and submit the CDA.
  2. Confirm funds are received by the broker.
  3. Email payments@fullcircle-realestate.com with the property address in the subject line for disbursement. Send a separate email for each property.
  4. Payments are based on the “Payout” section of the CDA and typically take 2-3 days if all documents are complete.
  5. For CDA changes, contact the broker or Admin@fullcircle-realestate.com.

Additional Information:

As independent contractors, agents are responsible for their own benefits. However, we can recommend trusted third-party providers.

If you have any additional questions, feel free to reach out!

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