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PROPERTY MANAGEMENT Free Information Guide How Broker Sponsorship Works for Property Managers

Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

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Page 1: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

P R O P E R T Y M A N A G E M E N T

Free Information Guide

How Broker Sponsorship Works for Property Managers

Page 2: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

Valid Texas Real Estate License1

Broker Sponsorship

• $199 Sign-up for the first 3 months• $99 per month after 3 months• $15 transaction fee• $5 service fee per property

2

Requirements

Realtor Board Membership

• DFW - Metrotex Assoc. Of Realtors• Houston - Houston Assoc. Of Realtors• Austin - Austin Board of Realtors

3All agents are responsible for their own membership dues to the local board.

Geographical Knowledge4It is your responsibility to know what will be required of you for your area. Not only having a good market knowledge to be able to find what your clients are looking for, but then be able to know whether there is a MUD, or something that would be normally known by other agents in the area.

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Page 3: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

Job Description

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Independent Contractor

• No set hours – You can be part-time or full-time• No Quotas or Minimum Sales• Work from home

1

Generate Your Own Leads2

Perform Your Fiduciary Responsibilities For Your ClientsYour clients trust you to know what they don’t know, and to do what it is in their best interest so that after all is said and done, they will remember you as someone who worked hard for them and got the job done right.

3

Lease, Maintain, and Manage Your Properties Your WayOperate independently while performing your ethical duties to your clients, the tenants, and the company.

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Page 4: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

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Included With Sponsorship

Errors and Omissions Insurance1

Access to Buildium Property Management Software

2

Trust Accounts

• Operating Account built into Buildium• Security Deposit Account to Hold Deposits

3

ACH Direct Deposit for Landlords4

Epay Services for Tenants5

250 Business Cards6

Payroll Services7

Page 5: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

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Sales Pipeline

If you start working leads today you will not receive income for about 60 + days

That is why we setup the $199 sign-up to cover the first 3 months of sponsorship. 5

LeadsManagementAgreement

LeasedListingProspecting Agent Paid

Most Landlords lock in a Property Manager 1 to 3 months before they are ready to put on the market.

Get house ready to show

List unit on the Market

Days on Market varies by area but current market is about 45 - 60 days

Lease Signed

Move In

Page 6: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

Earning Potential

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100% Commission

Income Per Transaction

You set your own property management fees (Lease Up, Recurring, and Collection Fees)

Example

Rent is $1500: Commission @ 50%• Other Agent = 30%• Your Commission = 20% = $300 - $15 transaction Fee• Management fee = 7.5% = $112.5 - $5 Mgmt. fee

Earn $285 Lease Up and

$107.50 per month

Agent

Broker

Spirit Real Estate Group

Agent

Broker

Traditional Broker

Page 7: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

Earning PotentialSpirit Real Estate is a full service broker sponsor, and we permit the agents that are sponsoredwith us to be full service real estate agents as well. We also provide room to grow your own real estate company.

Other Areas of Opportunity

Apartment Locating

Residential Sales

Earn off of other agents through

lead generation

Start your own Team or Franchise:

You pay for your agents sponsorship and

you can set a split with them and earn off

of their transactions.

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Page 8: Property Management Info Packet Updated · You set your own property management fees (Lease Up, Recurring, and Collection Fees) Example Rent is $1500: Commission @ 50% • Other Agent

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Get Started Today!

Go To Https://SpiritRE.com or Click

Agent Sign-Up

After Sign-Up is Completed

We Send You The Invitation

We will send you the invitation to be sponsored by Spirit Real Estate Group, LLC through TREC My Online Services.

Fill out Change Form for Association

Welcome Email

You will receive a welcome email with your new SpiritRE.Com Email, also your CRM and Agent Portal Access.

Please Call with any questions 214.396.7998 8

Sponsorship is Active as Soon as Invitation is Accepted