MEET THE TEAM
New Agent Mentor & REALTOR®
What is your commission split?
VCR is a transaction fee company, therefore there are no commission splits. When you close a transaction, there is a flat fee taken out and the rest is paid to you. Once you plateau at the company Cap you will not pay a transaction fee for the rest of the calendar year. Our Brokers can provide details on this fee.
Do you have a commission cap?
Once you have plateaued and reached the Cap, you will not pay any transaction fees for the rest of the calendar year. Our Brokers can provide details on this Cap.
Do you have monthly fees?
VCR does not charge desk fees, educational fees, administrative fees to your clients, broker review fees, or any other hidden fees. The only fee required is Errors & Omissions Insurance.
Do you have franchise fees?
There are no franchise fees. We are a family owned Richmond based company.
What other expenses might I be responsible for?
You would be responsible for the items you need in order to conduct your business such as your REALTOR® Association and MLS memberships, eKey, signage, business cards, and marketing expenses.
We offer your first 250 business cards and first sign panel free of charge when you join our brokerage. Signage, flyers, and all other marketing material can be purchased through our company store. Our Marketing Director will help you through the process of making sure you have all the signage and marketing materials you need!
In addition to our spacious bull pen with wi-fi, computers, printer, and shredder, we also have private offices available for a nominal monthly fee, if you wish to rent one.
What kind of education do you offer?
We offer both in person and some online classes on various topics throughout the year. You can learn to build your business with Canva for Real Estate, Social Media 101, or BrandingYou. You can also increase your sales by attending the Art of Selling Foreclosures or HUD Homes. as well as goal board sessions at the beginning of the year. We meet with our agents on on one or in a group setting depending on the topic being taught.
This will be my 11th year working for Virginia Capital Realty! I have really watched this company evolve into a wonderful place to work and to partner with my name. The staff is absolutely amazing and will assist you with any needs you have. They are forward thinking and will keep you abreast of the technology you need to use in order to be relevant in the real estate business. With a low transaction fee, you still get all of the benefits that come with working for a great real estate company. I highly recommend that you check out Virginia Capital Realty if you're thinking of making a move!
BETH BALDWIN, ASSOCIATE BROKER, REALTOR®
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1106 N. Thompson Street, Richmond, VA 23230