Gloria McMartin, RE Broker
DRE Lic # 01244794
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Everything you need to be a successful agent at
GPC Realty Executives, Inc.
Everything Bonus for Recruiting
Business Cards/ Marketing Materials
Buying HUD Properties
Free MongoFax Services
Signs
Logo
Document Library
Referral Fee from Another Broker
Rent and Property Management
Transfer Existing Listings
Legal Consultation
Advance Commission Program
Bonus for recruiting
GPC Realty Executives, Inc. is a continually thriving company and we would like you to benefit from our development. As the agent, we encourage you to invite other agents to join our business. As a thank-you gift, we will pay you $100 for each transaction that your invited agent will conduct. Several of our agents have already taken this opportunity and are earning extra income!
So join them and take advantage of this chance to earn extra cash forever!
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Business Cards/ Marketing Materials
At GPC Realty Executives, Inc. we understand that your business card is an important part of your networking. Therefore, we do not have strict guidelines but we ask that you abide by the two DRE regulations regarding agent’s business cards:
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Disclose your broker name. We recommend you use the GPC Realty Executives, Inc. logo for this purpose. Click HERE to download the company logo.
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Display your DRE license number on your business card.
You can design your card as you wish. However, if you add any promotional wording other than your basic contact information, please email a proof of the cards to info@gpcrealty.comfor the broker’s approval.
Please use your direct contact information (not our office) on your business cards. If you do not want to list your home address, then we suggest purchasing a P.O. Box or not listing an address at all.
We have provided you with a few recommended business card vendors who offer affordable templates and styles that meet everyone's criteria and wallet. These companies have several different options and templates for your materials, as well as, quick shipping options. However, you may use any vender of your choice for your printing needs.
Www.Vistaprint.com
www.zazzle.com
www.UPrinting.com
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Buying HUD Properties
GPC Realty Executives, Inc. is approved by the U.S. Department of Housing and Urban Development (HUD) and our agents are able to submit their bid on HUD sales. The key from HUD homes may be provided also.
To see HUD listings and for more information how to bid on HUD homes, please visit: http://www.hudpemco.com/. PEMCO, Ltd. Is the real estate management company contracted by the U.S. Department of Housing and Urban Development (HUD) to administer the property management and sale of all HUD Homes in California.
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Free MongoFax Services
GPC Realty Executives, Inc. provides access to MongoFax service to our agents, free of charge.
With MongoFax and your fax machine, converting your file to PDF (portable document format) has never been easier. You can instantly deliver paper documents digitally to any e-mail address in the world.
This is one of the easiest and time-saving tools and works even faster than a scanner.
For a demonstration on how MongoFax works, please visit:
http://www.mongonet.net/c_front/mongofax/howitworks.html
Please login for more information
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Signs
Below are the sample of our signs. We can provide for you the standard GPC Realty Executives, Inc. yard sign “FOR SALE” (18X24inch). There is no charge for the sign, but you have to leave a refundable deposit for each sign. Our preferred sign makers can make a personalized yard sign with your picture, name and other desired information. They provide the discounted price for GPC Realty Executives, Inc. agents, have been different GPC Realty Executives, Inc. sign templates, posts and other inventory you may need.
You can also use any sign producers and sign designers if you prefer, but your company logo or name must be used on your signs. You can download the company logo from the GPC Realty Executives, Inc. website.
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Download Logo
Please Login to our website to download the GPS Realty Executives, Inc. logo
Click HERE to login
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DOCUMENT LIBRARY AND C.A.R. FORMS
As a GPC Realty Executives, Inc. agent, you will have access to our document and form library. Please login to access it. We provide frequently used forms, documents, contracts, and other material that agents may need in his/her business.
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Referral Fee from another broker
GPC Realty Executives, Inc. agents may receive a referral fee or some other sort of compensation from another broker. GPC Realty Executives, Inc. will charge a 10% fee (no more than $500) for this activity. This item is applicable only when you are receiving a referral payment from another broker. For example, you referring your friend which wants to buy house in NY to a broker doing business there. The Broker agrees to pay $1000 referral free to you. You would have to pay 10% of that ($100) to GPC Realty Executives, Inc.
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Rent and Property Management
A GPS Realty Executives, Inc. agent IS NOT allowed to provide property management service for the public.
Rental/Lease
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The GPC Realty Executives, Inc. Agent on a rental/lease property can list a rental property on MLS, market it, show it to a potential tenant and introduce him/ her to the owner. The owner or his/her representative must complete the rest of the renting process.
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A GPC Realty Executives, Inc. agent can accept a rent payment or deposit payable only to the property owner or management company.
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A GPC Realty Executives, Inc. agent must never sign any rental documents in place of an owner or tenant.
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A GPC Realty Executives, Inc. agent must report about the rent/lease transaction within 48 hours by uploading the associated documents/forms to the “My Transactions” Web page on www.gpcrealty.com.
There is a penalty and late fee for ignoring this requirement. Please check for further information about penalties on the agent home page.
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A GPC Executives, Inc. agent must not accept any type of compensation directly from a property owner or tenant. The compensation must be paid through the GPC Realty broker.
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The broker’s fee for a rental/lease property is 10% of the total commission ($50 minimum and $500 maximum per completed transaction).
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The broker’s fee is waived if the agent is also the owner for the rental property or tenant (his/her name is on the property title or lease agreement).
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The agent will receive his/her commission when all documents/forms required in check list are uploaded to the transaction file.
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A rental/lease transaction is not covered by GPC Realty E&O insurance.
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The conducting of a property management business (soliciting owners and renters, renting, leasing and maintaining properties in expectations of compensation) with the public without the knowledge and permission of the employing broker is in violation of Sections 10130, 10131(b), 10137 and 10145(c) of the Business and Professions Code. This action is subject to real estate license suspension or revocation and/ or civil lawsuit.
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Transfer Exisitng Listings
There are two ways to do this:
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Cancel your current listings, move to the new office and open the listings again under the GPC Realty Executives, Inc. name.
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The present broker may release your listings and allow you to transfer the listings to the new office. You need to ask the broker’s permission for this option. The transfer from is available in our website document library.
In any option, you have to disclose the fact that you changed the office to your client.
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Legal consultation
GPC Realty Executives, Inc. provides support and consultation to our agents.
You may write your questions to info@gpcrealty.comand we will answer them in 24 hours, but if you have any urgent matters, the broker’s support is available by a “hot line” phone number 24/7.
Also, the C.A.R. Member Legal Hotline 213-739-8282 is a free service to all our salespersons. It gives agents the opportunity to briefly talk to a C.A.R. attorney in a confidential telephone conversation about legal issues that they face in their practice. You may find more information at http://ww.car.org/legal/
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Advanced Commission Program/Cash in 24 Hours
GPC Realty Executives, Inc. can pay a part of an agent’s commission in advance (before COE), when the agent has at least one transaction in escrow or minimum of 2 active listings. This allows our agents to enjoy advance payment of his/her real estate commissions. The funds are guaranteed to be mailed the same business day or delivered within 24 hours by direct deposit to your bank account. You may also choose to pick up cash/cashier check at our office. No payments are required until your repayment date. If, for any reason, an agent cannot repay the advance commission on the repayment date, he/she will be entitled a 12 month “grace period” where monthly payments are made to cover the interest and 5% principle until you close your next escrow or the full advance commission balance is repaid.
When an agent has tow or more listings, the agent may also receive a commission advance. YOU DO NOT NEED TO HAVE A SALE IN ESCROW!! You simply make payments (interest and principle) each month until you convert one of your listings to a closed sale or the full advance commission balance is repaid.
An agent may receive in advance up to $3000, but no more than 30% of the expected commission.
Advance Commission Fees and General Terms
Processing Fee- $99
Finance charge: 0.25% per day. Minimum finance charge: $199
No payments for up to 30 days when you have a transaction in escrow
Month payment “grace period” (if applicable): 5% of principal balance plus finance charge (0.25% per day on remaining balance)
“Grace period” is for 12 months
Late fee: $50
Funding Method and fee
Deposit or wire transfer: $35
Cashier’s Check: $35
Cash: $35
Mailing Fee:
Mailing a check by first class USPS- no fee
Overnight mailing- $25
Pick up from our Carlsbad office- no fee
Advance commission must be repaid from the agent’s next earned commission.
An agent may make repayment at any time.
To apply for advance commission program, please use “Advance Commission Forms” (see below). The form is also available at our document library (company documents).
ADVANCE COMMISSION APPROVAL IS UNILATERAL BROKER’S DECISION AND HE MAY DENY THE APPLICATION WITH OR WITHOUT EXPLANATION.
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