Similar to gyms who attract members who do not use the facility, but continue to pay their monthly fee; most Real Estate brokerage houses are designed to attract brokers who have similar mindsets, only to increase the size of their membership to pad their pockets. Most of these people do little Real Estate and are not equipped to represent people making one of the largest decisions in their lives. For career Real Estate brokers who manage enough business, our model gives you more for less!
At Paramount Real Estate Services, we offer more for less in the full service industry, and only desire to affiliate with the brightest and most competent Real Estate brokers. We encourage all of our Executive Brokers to be full time, career-minded Real Estate professionals who will commit to our Paramount Ninja System. While most companies are hiring hobbyists and people who are dabbling in Real Estate, you can count on Paramount to have experienced Executive Brokers. Paramount Real Estate continues to raise the bar on professionalism and integrity within our industry. The values that we hold dear to our hearts are recognized to set us apart from our competition. As most companies are hiring anyone that shows interest in Real Estate, Paramount requires our Executive Brokers to gain experience in selling real property and the wisdom & fortitude to advocate for our clients in the largest financial representation of their lives. Our brokers also adhere to our Paramount Creed to live up to standards that are often not found in our industry.
Experienced, Integrity, Professional, Generous, Competent, Caring, Community Driven, Honest, Positive, Polished! These are the words that describe our brokers. As we provide the foundation for a professional company with full integrity, we also have designed our business model with the Real Estate broker in mind. Our industry is highly regulated and taxed, so we sought out to create very competitive financial overhead plans in the industry. Our model is Broker-Focused giving more control to each individual agent without sacrificing a team environment.
Paramount Real Estate offers very competitive commission plan structures and incentives for our brokers. We like to keep things simple and not nickel and dime our brokers for add-ons. We believe that each broker should have the freedom to invest in additional programs and services as they choose. Paramount Real Estate Services does not have a corporate or franchise fee, and Paramount offers what the cut-rate, discount companies don’t. Why work hard only to pad the pockets of millionaires like the Berkshire Hathaway Executives, the Realogy Executives (Coldwell Banker, Sotheby’s, ERA, Century 21, Better Homes & Garden), the ReMax Executives, & the Keller Williams Executives. When only 2% of customers care what company you work for, the value of paying large amounts of money to corporate executives & staff as well as for high priced office buildings is fleecing. This is a relationship business, and here at Paramount Real Estate; we focus on what is important in gaining and maintaining the trust and loyalty of our brokers and clients. Compare our plans & culture to any other full service company in the market!
Get More for Less. Professional & personal office space, competent Principal Broker support, virtual tour platform (nonbranded example) (branded example), professional & personal Broker website (plans A & B), assistant/transaction coordinator, office & marketing materials, easy paperless & mobile transaction system.
Executive Broker Plan A
$1200/month Company Fee + $295 Transaction Fee (includes Assistant & Transaction Coordinator services & Principal Broker review)
Includes: Personal & customizable web site (example), Customizable Virtual Tour Platform, Office Space, Desk, Chair, Office network capabilities, Conference Room amenities, Kitchenette
* Example: 12 Transactions at GCI of $108,000 = $17,940 to the company and $90,060 in your pocket!
* Example: 24 Transactions at GCI of $216,000 = $21,480 to the company and $194,520 in your pocket!
Executive Broker Plan B
This plan is designed to offer an alternative commission structure for those who would like to have the flexibility of not having a company fee.
Commission structure is negotiable, however is based on performance, business planning and effort.
Negotiable 10%-40% Company commission Split + $295 Transaction Fee (includes Assistant & Transaction Coordinator & Principal Broker review)
Includes: Personal & customizable web site, Customizable Virtual Tour Platform, Office Space, Desk, Chair, Office network capabilities, Conference Room amenities, Kitchenette
Commission fee caps out to company, however transaction fee continues to apply for transaction management services.
Satellite Executive Broker Plan
$850/month Company Fee + $295 Transaction Fee (includes Transaction Coordinator & Principal Broker review)
Includes: Customizable Virtual Tour Platform, Conference Room amenities, Work station areas, Kitchenette, Customizable & Personal web site is available for a fee.
* Example: 12 Transactions at GCI of $108,000 = $13,740 to the company and $94,260 in your pocket!
* Example: 24 Transactions at GCI of $216,000 = $17,280 to the company and $198,720 in your pocket!
Executive Team Structure
$1200/month Company Fee for Team Leader + $500/month for each licensed Associate Broker for the first 2 brokers. 3rd & 4th brokers are only $250/month + $295 Transaction Fee (includes Transaction Coordinator & Principal Broker review. Teams are limited to 5 brokers total.)
Includes: Personal & customizable web site, Customizable Virtual Tour Platform, Office Space, Desk, Chair, Office network capabilities, Conference Room amenities, Work station areas, Kitchenette, Control over team commission structure.
* Example: Team of 3 ~ 36 Transactions at GCI of $324,000 = $37,020 to the company and $286,980 in your pockets!
* Example: Team of 5 ~ 60 Transactions at GCI of $540,000 = $50,100 to the company and $489,900 in your pockets!
What are you worth? Your assistant’s job is to take on much of the mundane, but necessary duties that bog you down and decrease your productivity. Take control of your career and allow your assistant to relieve much of the pressure. The assistant’s duties may include, but are not limited to, retrieving signatures, organizing paperwork and files, preparing transaction paperwork, MLS information, uploads photos and virtual tours into MLS & designs personal listing web site tours, designs flyers and postcards, orders home warranties, opens escrow and ensures paperwork is delivered, prepares commission demands, communicates with clients, lenders & escrow, performs marketing & branding duties, ensures quality control, etc. For Teams & Satellite plans, the transaction coordinator duties are limited without assistant provisions. The transaction coordinator organizes files & communicates with clients and escrow.
Total of $295 per closed transaction fee includes Transaction Coordinator & Principal Broker review.
There is no company charge for professional referrals to brokers.
There is no company charge for BPOs or compensation for Market Analyses.
*Examples are based on an average sales price of $300,000 with 3% commission per side. $295 closed transaction fee always applies. Website maintenance, domains, hosting, security, customizing; as well as dues, memberships and other services to be the responsibility of each broker. *Plans/fees are subject to change by management.