Real Estate Brokers or Agents Wanted for High-Value Transactions (Oregon)
We are a nonprofit organization with licensed real estate agents in Florida, expanding our operations to Oregon. We are actively seeking licensed Realtors in Oregon to assist with handling real estate transactions on our behalf. Our organization regularly purchases properties valued between $1 million to $2 million, and we are looking for agents or brokers to help facilitate these deals in the state of Oregon.
What We Offer
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Commission Structure: For each transaction, we offer 5-10% of the buyer's commission. For example, on a $2 million transaction with a 3% commission ($60,000), you would earn between $3,000 and $6,000 for processing the transaction through your brokerage. The remaining commission will be credited to the buyer at closing.
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Discount Realtors Preferred: We primarily work with agents from discount brokerage firms to ensure smooth and efficient transactions. Discount Realtors typically pay a flat fee to their brokerage, usually around $200 to $300 per transaction, rather than splitting a large percentage of their commission.
If you work for a brokerage that takes 50% or more of your commission, you may find it difficult to profit under this structure. To be successful in partnering with us, you will need to work with a discount brokerage that charges a flat fee for transaction processing, as this allows you to retain the majority of your earnings. There are many such firms available today that offer this model.
What You Will Do
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Your Role: Your role will be to fill out and process the contract once we’ve selected the property. You will represent us as the buyer and handle the transaction paperwork. Your primary responsibility is to ensure the documentation is accurate and manage the process through your brokerage.
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We Handle Everything Else: Our team is responsible for finding the properties, selecting them, and visiting them in person. We handle all the groundwork in selecting the real estate.
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No Heavy Lifting: There’s no need for you to conduct showings. Your focus is solely on documentation and facilitating the closing process.
Commission and Legal Structure
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Commission: For your services, you will earn 5-10% of the buyer’s commission from the sale, with the remaining commission credited to the buyer at closing.
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Legal and Common Practice: This is a legal and common practice in which agents can choose to retain a portion of the commission or allocate it towards the buyer, depending on the structure of the deal. You will be required to sign a document agreeing that you will retain only the agreed percentage of the buyer's broker commission, with the remainder going towards the buyer’s closing costs.
Requirements
- Active Real Estate License in Oregon.
- Ability to handle high-value transactions and efficiently manage paperwork.
- You can be either a real estate agent or a broker.
How It Works
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We Find the Property: We handle all the property research, selection, and site visits. You will receive the property details and the offer terms from us.
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You Prepare and Submit the Offer: Your role is to fill out the contract based on the provided details and submit the offer to the seller’s agent. You will manage the documentation process to ensure everything is legally compliant.
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Transaction Management: You’ll communicate with the seller’s agent to ensure the transaction progresses smoothly and that all documents are signed and submitted on time.
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Closing and Payment: Once the deal closes, you keep your percentage of the buyer’s commission (e.g., if the buyer’s commission is $60,000, you earn $3,000 to $6,000).
What You Do
- Prepare and submit the contract.
- Handle communication and documentation.
- Earn up to $6,000 per transaction for paperwork management.
What You Don’t Do
- No property showings or site visits.
- No negotiating—just managing the paperwork.
If you're a licensed real estate professional in Oregon and interested in partnering with us, please reply to this post with your contact information. We look forward to working with you!