Frequently Asked Questions
We’re thrilled you’re thinking about joining our team! Below, you’ll find answers to commonly asked questions. We also encourage you to join our Talent Community to stay informed about exciting career opportunities and the latest updates.
Why RG REALTY INC?
Enhanced earnings. With RG REALTY INC, enjoy unparalleled perks and a favorable 80/20 commission split that boosts your real estate journey. Retain a larger portion of your hard-earned commissions through our empowering 80/20 split, designed to advance your career.
How much will it cost to join RG REALTY INC?
Joining RG REALTY INC is completely free. Just complete the online application, and you can become an RG REALTY INC agent in under 30 minutes.
How much is errors & omissions insurance for your company?
The cost of Errors & Omissions insurance is tailored to different coverage levels and is competitively priced at $495.00 a year to guarantee that our agents are always safeguarded.
What is the total amount charged per closed transaction?
What are the fees for each completed transaction?
RG Realty operates as an independent brokerage, not a franchise, and therefore, we do not impose any franchise fees.. We offer transparent pricing with no hidden fees.
Does RG REALTY INC mandate a minimum sales volume or a certain number of transactions to be completed?
No, RG REALTY INC does not enforce a minimum sales volume or a specific number of transactions that must be closed to maintain your status as an agent.
How quickly can I expect to receive my payment after the escrow closes?
Agents at RG REALTY INC typically receive their commission within 24 hours after the close of escrow.
Are office spaces or meeting rooms available for use?
Yes, RG REALTY INC offers a waiting lobby, office spaces, and a conference room for meetings, available for agents’ use as required. Additionally, there is ample parking available for both agents and visitors.
Am I free to choose any lender, escrow service, attorney, or title company for my transactions?
Yes, provided there is an appropriate escrow agreement in place, our agents have the flexibility to work with any lender, escrow company, attorney, or title company for their transactions.
Which local real estate board is mandatory for agents at RG Realty Inc?
The Pen-Mar Association of Realtors offers agents a wealth of benefits, such as unlimited free continuing education (CE) classes, complimentary access to ZipForms, no-cost notary services, free entry to Bright MLS premier RISMedia, and many other perks.
How do I get access to the MLS and become a REALTOR® member?
Access to the MLS and becoming a REALTOR® member can be achieved through your local association. RG REALTY INC will guide you through this process.
When can I start conducting transactions with RG REALTY INC?
You can begin transactions within minutes once your onboarding is finished and you’re officially a member of the RG REALTY INC team.
What types of forms and contracts does RG Realty Inc utilize in its real estate operations?
RG REALTY INC employs all the standard real estate forms from ZipForms, supplied by our local board, the Pen-Mar Association of Realtors, along with contracts sanctioned by local and regional real estate boards. This ensures full compliance and safeguards both our agents and clients.
How can I get support from a real estate broker?
RG REALTY INC offers extensive broker support through phone, email, and face-to-face consultations. The broker is always accessible at the office, guaranteeing our agents receive the necessary support for their success.
Am I able to discuss and adjust my commission rates with clients?
We recognize the need for occasional commission negotiations during offer presentations and expect our team to strategically maximize commissions. Our sales reps should ensure the listing agreement shows a full commission, with 3% for outside brokers, to maintain high activity. However, we acknowledge that commission adjustments may sometimes be necessary.
Is it permissible for me to share a portion of my commission with my client?
Yes, agents are allowed to allocate a portion of their commission as a credit to their clients, provided they adhere to legal and ethical standards and obtain approval from the broker.
What type of license is required to become an agent with RG REALTY INC?
To join RG REALTY INC, you must possess an active real estate license in the state where you plan to operate. We are licensed in both Maryland and Pennsylvania.
Are transaction coordinators available through your service?
No, RG REALTY INC does not provide transaction coordinator services to help our agents with paperwork. However, we have streamlined the process, making it simpler for agents to submit paperwork without navigating a complex system for uploading forms, thus ensuring a smooth transaction process.
What are the steps to become an agent with RG REALTY INC?
Becoming a part of RG REALTY INC is straightforward. Just submit your details through our online application form, and our team will reach out to guide you through the final steps of the onboarding process.
