Special offer

Looking for extra income?

By
Real Estate Agent with Hicor Realty Group 0429650

Looking for extra income?

Sellstate highly values its relationship with all of its affiliates and appreciates that they have been very instrumental in the success of Sellstate Metro Realty. Sellstate is now pleased to announce the advent of its Affiliate Sponsoring Program  (ASP). This program has been specifically designed to include those affiliated with Sellstate to share in its revenues.

How it works is very simple. Every time you assist Sellstate Metro to recruit an agent, you are considered a ‘sponsor' and you will be entitled to receive a portion of Sellstate Corporate royalties in the form of a sponsoring bonus for the rest of your life (as long as ) that agent remains with Sellstate and continues to do transactions.

For example: You recommend ‘Sandra' to our Sellstate office. You contact us and help her set up an appointment for an interview. If she joins our office you automatically become the sponsor. It's as simple as that.

For further information or clarification, please do not hesitate to contact us.

Q - How is it legal to pay unlicensed affiliates real estate commissions?

 

A - The sponsoring bonus that is paid to the affiliates is not part of a real estate commission as it is first collected by Sellstate Corporate in the form of a royalty. Once the money is in the corporate account, Sellstate Corporate is free to disburse a sponsoring bonus as it sees fit. This is a similar system to the vesting that takes place with the Agent Asset Development program. Once an agent is retired from the business he/she is no longer licensed yet Sellstate Corporate is still able to share its royalties with these agents.

Q - Who is eligible to participate?

 

A - Any affiliate that assists in the development of business. Some examples include representatives of mortgage, title, home inspection and insurance companies.

Q - How often do the affiliates get paid?

 

A - The affiliates will be paid on the 15th of the month following a transaction by the sponsored agent. For example: Bob sponsors Jane. Jane completes a transaction in the month of July. Bob will receive his sponsoring bonus on August 15th.

We appreciate you and look forward to working with you in the near future!

Missy Barry

Sellstate Metro Realty

972-499-6909

Richard Weeks
Dallas, TX
REALTORĀ®, Broker

Sounds like something that big real estate out of Austin does.

May 13, 2011 01:57 AM