COMMON QUESTIONS WE GET ASKED ABOUT OUR BROKERAGE!
What is your commission split?
At Virginia Capital Real Estate we do not offer a commission split. We are a flat transaction fee company. This means that we charge you a flat rate transaction fee on every transaction.
Do you have a commission cap?
Once you have accumulated 30 transactions (buying or selling) you will "cap out" for the remainder of the year, meaning we do not charge you a transaction fee after the 30th transaction has been completed.
Do you have monthly fees?
We know other brokerages charge desk fees, listing fees, marketing fees, education fees, the fees go on and on... At Virginia Capital Real Estate we require one monthly fee and that is Error & Omissions insurance. This protects you as an agent and us as the brokerage.
We do have offices that are available for rent in our Richmond location, these are priced by square footage. We also offer a marketing program that includes kvCORE CRM, a semi-custom website for your business, and a social media autopilot program to help maintain and keep your business going.
We have desktop computers, printers, and meeting areas that are free of use to you as an agent at both of our locations. We also offer complimentary wifi for you and your clients to use at anytime while in our office.
Do you have franchise fees?
No, we are not a franchise, nor will we ever charge a franchise fee.
What expenses might I be responsible for?
You would be responsible for the items you need in order to conduct your business such as a lock box, eKey, signage, business cards, REALTOR ® designation, and marketing expenses.
We offer your first 250 business cards free of charge when you join our brokerage. Signage, flyers, and all other marketing material can be purchased through our company store.
What kind of education do you offer?
We offer in person and online classes
(by request) on various topics. Everything from marketing to how to sell REO and foreclosures. We meet with our agents on on one or in a group setting depending on the topic being taught.