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Starting as a New Real Estate Agent in NYC

Posted by nycre on September 7, 2017
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Welcome to HomeDax Real Estate! Whether you are an experienced agent or have just completed your New York Salesperson Licensing Course, we are excited to have you as a member of our rapidly growing and successful team. Starting as a new real estate agent in NYC is as simple as following the checklist below.

Although we make every effort to train and mentor you throughout your time at HomeDax Real Estate, there is no substitute for self-reliance. Being resourceful and thinking on your feet will help you yield the greatest return from the training and client leads we offer you. The ultimate goal of our training program and investment in your career is for you to become a well-rounded and dynamic agent with your own network of buyers, sellers and renters.

By reading and following the onboarding steps below, you will be able to join our team and begin working with clients as quickly as possible. Please contact us with any questions!

Have you completed your agent setup?

Read our buyer agent tips and strategies for working with New York City home buyers

Sign an Independent Contractor Agreement

As a first step, we will email you an independent contractor agreement for you to review and sign electronically. The independent contractor (IC) agreement establishes and formalizes your relationship with us. Before we send you the IC agreement, we will ask you to confirm your commission split plan. If you are currently associated at another brokerage, you must provide them with notice and disassociate before signing an IC agreement with HomeDax Real Estate.

It’s important for you to keep in mind that the commission split you select and which is referred to in the agreement pertains only to deals which you have independently procured through our own network. At HomeDax Real Estate, we are proud to offer the most competitive commission splits available in the NYC real estate market. Our splits are especially favorable for new agents, who typically only receive 30-50% of commissions earned during the early stages of their careers.

Choose a High Commission Split Plan

HomeDax offers commisson splits up to 100%. Choose a plan that works for you.

Associate Your License with HomeDax Real Estate LLC

Once you’ve signed the Independent Contractor agreement, it’s time for you to associate your license with HomeDax Real Estate LLC. Here are the steps you should take to associate your license with us:

New Agent? The results from your salesperson exam will typically become available via eAccessNY within a week of your test date. If you passed your exam, you will be able to move forward and apply for your salesperson license. Please submit our firm’s license number along with your application, which is as follows: 10491206186

Existing Agent? Please provide us with your salesperson license number so that we may associate you in the NY DOS database. Keep in mind that it may take up to 48 hours for the disassociation from your previous firm to be completed. We will associate you via eAccessNY as soon as your license has been successfully released from your previous firm.

Setup Your Agent Technology

HomeDax Real Estate is underpinned by the most advanced technology available to real estate agents in NYC. The agent tools we offer are designed to keep you seamlessesly connected with your clients and the firm, allowing you to more effectively service clients and beat the competition.

To get started, please download our team’s secure messaging and communication app Telegram. You should download this on both your computer as well as your tablet/smartphone. Once you’ve signed up, you will be added to a private chat with management as well as a team chat so you can communicate with the rest of our agents. We offer our agents unparalleled access to broker support and mentorship, and the primary means through which we will communicate will be this platform.

As a next step, please activate your HomeDax corporate email account as per the instructions you’ve been sent. We highly suggest that you set-up your email account on both your smartphone and computer so you will always be able to access your emails. Please ensure that you set-up an email signature similar to the template below:

Setup Your Email Signature:

Best,

[First & Last Name]
Licensed Real Estate Saleperson
HomeDax Real Estate LLC
Email: name@homedax.com
Mobile: +1 (917) 960-8524

Licensed Real Estate Broker
Member, Real Estate Board of New York (REBNY)
Member, Long Island Board of Realtors (LIBOR)
Office: +1 (917) 960-8524


HomeDax Real Estate LLC is a REBNY and LIBOR Member Firm. All listings are co-broked in RLS and MLSLI. Principal Office: 154 Grand Street, New York, NY 10013. HomeDax Real Estate LLC supports and advocates the principles of the Fair Housing Act and the Equal Opportunity Act. View our exclusives: http://homedax.com/exclusive-listings/
This email, including any attachments, is for the use of the intended recipient(s) only. If you have received this email in error, please notify the sender immediately and then delete it. If you are not the intended recipient, you may not keep, use, disclose, copy or distribute this email without the author’s prior permission.
 

Join REBNY (Real Estate Board of New York)

The Real Estate Board of New York is a 17,000 member real estate trade association based in New York City. REBNY operates the New York City equivalent of the MLS (Multiple Listings Service) database which is called the RLS (REBNY Listing Service).

As a member of HomeDax Real Estate, you will have full access to RLS (REBNY) listing data as well as the suite of agent tools, training and growth opportunities provided by the Real Estate Board of New York (REBNY).

Resources offered by our firm’s REBNY membership include training and networking opportunities, a guest speaker series, ongoing education and dispute mediation.

All salespeople and associate brokers who associate with HomeDax real estate are required to join REBNY within 90 days of associating with the firm. REBNY imposes strict penalties on any member brokerage who does not comply with the rule, so it’s important that you join REBNY as soon as possible. The annual dues for a salesperson are a few hundred dollars which are paid directly to REBNY. You can download the application here.

Need our signature on your REBNY application form? Open a free account at www.hellosign.com and send us your completed application form for e-signature!

Join REBNY (Real Estate Board of New York)

The Real Estate Board of New York is a 17,000 member real estate trade association based in New York City. REBNY operates the New York City equivalent of the MLS (Multiple Listings Service) database which is called the RLS (REBNY Listing Service).

As a member of HomeDax Real Estate, you will have full access to RLS (REBNY) listing data as well as the suite of agent tools, training and growth opportunities provided by the Real Estate Board of New York (REBNY).

Resources offered by our firm’s REBNY membership include training and networking opportunities, a guest speaker series, ongoing education and dispute mediation.

All salespeople and associate brokers who associate with HomeDax real estate are required to join REBNY within 90 days of associating with the firm. REBNY imposes strict penalties on any member brokerage who does not comply with the rule, so it’s important that you join REBNY as soon as possible. The annual dues for a salesperson are a few hundred dollars which are paid directly to REBNY. You can download the application here.

Need our signature on your REBNY application form? Open a free account at www.hellosign.com and send us your completed application form for e-signature!

Join LIBOR (Long Island Board of Realtors)

HomeDax is a proud member of the Long Island Board of Realtors. As a member of our firm, you will have access to over 25,000 listings throughout Queens, Nassau and Suffolk counties through MLS (Multiple Listing Service) Long Island. Your seller clients will also benefit from the exposure of over 26,000 buyer’s agents who are members of LIBOR.

All members of HomeDax Real Estate are required to join LIBOR within 90 days of associating with our firm. You can download an application here. Annual membership dues are typicaly a few hundred dollars and payable by October 1st. To attain full REALTOR® membership, one must complete a New Member Orientation program within 90 days of joining LIBOR. 

Prepare a Bio and Setup Your Agent Accounts

First impressions are everything in our business. Having a complete and professional agent profile on our website and on sites like Zillow and StreetEasy will increase your credibility with clients. As a first step, please prepare a brief biography and email it to us so we may add it to your agent profile. You can find examples of agent bios here.

Once you’ve completed your bio, please open a new agent account on Zillow, Trulia and StreetEasy using your HomeDax email address. When creating your account, ensure that you check the ‘real estate professional’ option. Please ensure that you add our company info and your full contact details to each profile as well as your license number if possible. For StreetEasy, you’ll need to email them to request an “Agent Tools” account.

Here are examples of some of our agent’s completed profiles:

Take Care of First Month's Dues

Please take care of your first monthly invoice as soon as you receive it from us via email. You can even set up automatic monthly payments by credit card if that is most convenient.

At HomeDax Real Estate, we offer the highest commission splits in NYC without any of the hiden deal, desk or technology fees charged by other high commission split brokerages. Your monthly dues are the only fee which you can expect to be billed while associated with our firm.

Taking care of your monthly dues in a timely manner shows that you are committed to our team and aware of the fact that we are also investing a significant amount of time, money and resources in your ongoing development!

We will send you a HomeDax business card design once you are fully up and running with our firm. If you would like a different phone number to be included on your card, please let us know as soon as possible. Who you choose to print your business cards is entirely up to you!

Take Care of First Month's Dues

Please take care of your first monthly invoice as soon as you receive it from us via email. You can even set up automatic monthly payments by credit card if that is most convenient.

At HomeDax Real Estate, we offer the highest commission splits in NYC without any of the hiden deal, desk or technology fees charged by other high commission split brokerages. Your monthly dues are the only fee which you can expect to be billed while associated with our firm.

Taking care of your monthly dues in a timely manner shows that you are committed to our team and aware of the fact that we are also investing a significant amount of time, money and resources in your ongoing development!

We will send you a HomeDax business card design once you are fully up and running with our firm. If you would like a different phone number to be included on your card, please let us know as soon as possible. Who you choose to print your business cards is entirely up to you!

Schedule Your Complimentary Photo Shoot

Please contact us once you’ve paid your first monthly dues to schedule your complimentary professional headshot. We will provide you with the contact details of our company photographer so that you can schedule an appointment at your convenience.  Having a professional headshot in the same style of our other agents ensures that we maintain the consistency and high standard of our firm’s public image.

Once you’ve received your professional headshot image, please add this photo to your profiles on Zillow, Trulia, StreetEasy and Nestio (see below). Having a consistent photo and bio throughout your various online agent accounts will give clients greater confidence in your ability to represent them effectively.  It will also help you stand out against other agents who may not have the same professional appearance online.

Setup Your Nestio Account and Schedule Training

Nestio is a market leading software which is used by our agents to access RLS listings, search for and send suitable properties to buyers, and syndicate our exclusive sale listings to RLS and dozens of 3rd party websites. As you work with buyers, it’s important that you use Nestio to screen for listings and send them directly to clients. Becuase Nestio allows you to access RLS listings, you can be assured that any listing you access is offering a contractual commission to our firm if we procure a buyer.

Nestio is also a great tool for agents to post open listings on landlord rental listings. Once you receive the email invitation, please activate your account and complete your profile (photo, contact details, etc.) so that clients who receive your email will be able to see who you are and easily contact you.

You are also encouraged to  sign up for Nestio’s webinar training sessions so you can learn how to take full advantage of the software. Don’t hesitate to email or call Nestio support should you have any questions!

Have you completed your agent setup?

Read our buyer agent tips and strategies for working with New York City home buyers

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