Welcome to our Frequently Asked Questions page. If you have a question that is not addressed below, please send us an EMAIL or give us a call at 800-401-8994 ext. 703. We ALWAYS return calls/e-mails PROMPLTY!
Plan One (1) with The Power Is Now Mortgage Services buyer financing: 100% commission
Flat Fee: Zero
Transaction Coordination Fee: Zero
E&O Fee: Zero
Plan Two (2) without The Power Is Now Mortgage Services buyer financing: 80% to 90% commission is based on experience.
Flat fee: Zero
Transaction Coordination Fee: $300
E&O Fee: $250
Absolutely NOT! The Power Real Estate Services Is Now remains compliant with all RESPA guidelines that guide and regulate our real estate policies and contracts.
YES!!! We are insured with an AM BEST A-Rated Insurance Carrier. You can be assured that we will always carry adequate amounts of insurance. Our insurance includes free legal support, agent-owned property coverage, and the lowest available deductible of $2500.
We offer 100% commission and incredible support for all transactions where the Power Is Now Real Estate Services provides financing for the buyer. We have no hidden fees, and offer the highest commission in California for closings funded by The Power Is Now Mortgage Services. Just because you earn 100% Commission, does not mean you should sacrifice support. We offer 100% Commission and 100% support with NO monthly fees and NO transaction fees?
YES! We have a team of Transaction Coordinators with more than 25 years of experience. The cost to you is Free AND it includes a copy of every file for you and your client.*
All of our agents have DIRECT access to the broker daily from 9am – 5pm, EVEN WEEKENDS! All inquiries are answered within 3 hours. All of our agents also have access to legal advice from an experience licensed attorney. The level of support we offer is what sets us apart from our competitors.
NO! We offer exactly what we advertise. No Penalties, Hidden Fees, Startup Fees, Quit Fees, etc.
After becoming affiliated with The Power Is Now Real Estate Services, we pay for 250 business cards, we pay for your yard signs and we pay for all graphic designs of flyers and brochures. You pay only for printing of flyer and brochures.
It all depends on your employment agreement with your current broker. Our employment agreement allows our agents to take their business with them if they decide to move. Most employment agreements allow you to leave and still earn your commission as long as you complete all of your duties.
No. We are a real estate sales and mortgage company. Our agents are permitted to list, sales, and originated loans if they have a BRE and an NMLS license. We are not offering property management at this time.
Most of our agents get paid within 24 to 48 hours from the close of escrow. The only requirement is that we have a complete file uploaded prior to close of escrow.
We can have the paperwork completed in as little as 15 minutes. The advancements in technology have given us the luxury of completing the required paperwork with speed, accuracy, and fast turnaround time.
Yes, Our Corporate Office is located at 3739 6th Street Riverside, CA. Agents are free to use the office for mail, pick up/drop off, your business address, faxing, copies, etc. Our philosophy is by minimizing overhead we are able to offer our agents MUCH HIGHER commission splits.
YES! We are the only real 100% Company to offer FREE Websites, FREE multimedia marketing, and FREE exclusive marketing materials for our agents.
We have an secure online transaction management system that assigns each agent a unique login and password to view all current and closed transactions and upload/download forms.
No. We are working on a program for 2020. Please contact us to learn more.
We pay 100% of the initial design and setup of The Power Is Now agent websites. To view a sample website, please click HERE.
We offer exclusive designs for our agents. We have a full marketing department which offers exclusive designs of Business Cards, Postcards, Flyers, Signs, Vehicle graphics, etc.
Buyer’s Agent: $10,000 if buyer was pre-approved and funded by The Power Is Now Real Estate Services.
Listing Agent: $10,000 if buyer was pre-approved and funded by The Power Is Now Real Estate Services.
If the buyer is not pre-approved the commission split can range from 80/20 to 90/10 depending on the experience of the agent.
There is NO fee sharing on BPO’s. The agents keep 100% of the BPO fee.
We only hire new agents that are sponsored / mentored by a seasoned agent.
We are members of MANY associations throughout California. We are always open to joining new associations/MLS etc.
Yes! At The Power Is Now Real Estate Services, we understand that all of our agents are hardworking self-motivated individuals, but we do have sales minimums or sales quotas in order to provide our unprecedented and free marketing support. The minimum production requirement for all agents is 4 closing a year or 1 per quarter on either side of the transaction.
Yes! We know our agents are busy so all our meeting are conducted via online video conferencing and recorded in case an agent cannot make the meeting. We discuss changes to our business and any form/law changes if needed. We also share lead opportunities and business strategies.
We require that The Power Is Now Inc. logo be displayed on any advertisement materials our agents use while engaging in real estate activity. The Department of Real Estate also requires that your license number is displayed on all “First Contact” marketing.
We use RSI Signs. If you would like to have a custom sign made, please contact them for pricing at (800)513-9199. You are free to use the sign provider of your choice.
Yes. It is up to each individual agent to determine what the appropriate commission rate is for each transaction.
No. You have the right to choose who you would like to use. We urge all of our agents to develop working business relationships with various vendors to help serve their client’s needs better. The customer comes first.
You will need a Salesperson, or Brokers license, in good standing, issued by the California Department of Real Estate, which must be provided at time of hiring.