The compensation of our Realtor®/Broker partners is a high priority for RNL Homes. We appreciate you introducing your clients to RNL and by having standard processes in place, we are able to make sure commission is protected.
To ensure a seamless experience and payment of your commission earnings, you must fill out out Real Estate Agent Co-Op Program Registration Form at the time of your client’s first visit to one of RNL’s model homes. If the client has visited the community and was previously registered by an RNL Homes Sales representative, this will void the possibility of the real estate agent earning a commission on a sale. Anytime your clients visit an RNL model home, we strongly suggest you make it a priority to register them through the Co-Op Program.
Frequently Asked Questions
- Yes, and per TREC® rules. Your license must also be active during the time of your first visit when you register your client, as well as when the purchase agreement is signed by all parties.
- It is our goal to compensate Realtors®/Brokers for introducing their clients to RNL and being the “procuring cause of a sale”, therefore a registration after an initial contact from the client to RNL Homes will not be considered as valid, and a commission will not have been earned. Initial contact encompasses event such as the prospective buyer visiting a model home, getting in contact with an RNL sales representative through a website (Zillow.com, rnlhomes.com, or others), email, phone inquiries, etc.
For clients that are coming from out of town, we encourage Realtors®/Brokers to schedule a “preview” visit ahead of time with an RNL Homes’ Sales Professional and register your client if you will not be present during your client’s first visit. Doing so will be considered a valid registration and a commission will be earned if the client moves forward with the purchase of an RNL home.
We keep detailed records of all communication with realtors and prospective clients and if you bring in a client who was previously registered, we will be happy to provide you details on when the prospective client first reached out and any previous communications that have taken place. If you previously registered your client with a different RNL sales professional, please make sure to let the sales professional you are working with know so they can confirm and proceed with including your earned commission when preparing the purchase agreement. The previous registration must be valid when the purchase agreement is signed by all parties (refer to FAQ – How long does my client’s registration last?).
- The sales commission is calculated off the base price of the home; this excludes any additional items such as homesite premiums, structural or designs studio options. For any MLS listings, the commission is calculated off of the MLS listing price, regardless of any builder options that are already incorporated into the home.
- Your client registration is valid for 60 days from the date you initially register them. Provided your client enters into an agreement to purchase within such timeframe your registration is protected. If your client needs more time prior to making a decision, we completely understand. You are welcome to extend the timeframe by re-registering them prior to the expiration date.