Agents FAQ
| Agent Opportunities | Join PMB! |
Is Park Mason Brokers a member of a MLS?
Yes, we are members of FMLS, GAMLS and SMLC in Georgia.
Do you offer training for new agents?
Yes, please inquire for more details.
Are there agent quotas?
Absolutely not.
Is this office a HUD Approved Brokerage?
YES!
Where is your office?
We are completely virtual. However, our corporate office is in Atlanta in the intown neighborhood of Inman Park. Our address is 870 Inman Village Parkway Suite A Atlanta, GA 30307.
Where do PMB agents work?
All agents work from their home office, anywhere, everywhere (….and Starbucks).
How do I submit paperwork to the office?
All paperwork is submitted through our on-line paperless system. This on-line system is accessible 24 hours per day!
Why are the fees so low?
The fees are low because of the low overhead of the brokerage. These savings are then passed on to the agents.
Am I responsible for purchasing my own signs and lockboxes?
(click here to see PMB Agent Tools)
Yes and yes. But, don’t let that scare you. Signs are only $35 each. Lockboxes can be purchased for about $50 each on Ebay. Keep in mind– these items are investments, you will be using these items over and over!
How are leads handled?
Agents are responsible for creating their own leads. Sign calls are directed to agent’s office extensions or their personal number listed on the signage.
Are agents able to be paid at the closing table?
Absolutely, we prefer this.
Are agents able to sell commercial properties?
Yes, if you are experienced in this area.
When is the Yearly Affiliation Fee due?
If you choose the yearly plan (Plan 1), your $195 affiliation fee is due immediately to get started. It won’t be due again until your anniversay month the following year. (It will be due on on the 1st day of your anniversary month of each subsequent year. I know… that’s pretty cool. It’s the equivalent of $16/month.)
Are their additional fees for E&O insurance?
No, it’s included in your plan the 1st year.
Is there an exit fee? Can I take my listings with me?
Nada. No, exit fees. Yes, all agents are free to take their listings with them.
How long does it take to gain MLS access once I activate my license with Park Mason Brokers?
It takes approximately 1 business day. Usually this is completed within a couple of hours.
PMB Agent vs. Traditional Brokerage Agent
| Sales Price | 3% Commission | PMB Transaction Fee | FMLS Fee (.0012 of sales price) | Agent at PMB receives (at the closing table) | Agent at "'Traditional Brokerage" on 70/30 split | Does the PMB Agent keep more? Yes! |
|---|---|---|---|---|---|---|
| $100,000 | $3,000 | $295.00 | $120.00 | $2,585.00 | $1,980.00 | $605 more! |
| $200,000 | $6,000 | $295.00 | $240.00 | $5,465.00 | $3,960.00 | $1,505 more! |
| $300,000 | $9,000 | $295.00 | $360.00 | $8,345.00 | $5,940.00 | $2,405 more! |
| $400,000 | $12,000 | $295.00 | $480.00 | $11,225.00 | $8,445.00 | $2,780 more! |
For more information contact:
Dana Ash, Managing Broker
dana@parkmasonbrokers.com
ph: 404.707.4232 x7001
toll free: 1.866.772.1020 x7001