Do you need to be licensed?
>> Yes, you need to have an active Real Estate
Sales or broker's license.
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Can you sell real estate & originate mortgage loans?
>> Yes, you can do both.
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Can you open a branch office?
>> Yes, you can request an approval to open
your own branch.
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Do you need to be experienced?
>> No, but you should attend available training
classes.
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Which loan origination software is used?
>> Calyx Point.
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Do you provide advertising & marketing?
>> We provide referral companies, services
and tools.
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How long has the corporation been in business?
>> Since 2003.
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Can you work from home or office?
>> Yes, you can work from your home or lease
an office.
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Does First Rate Real Estate Solutions provide leads?
>> No, we only refer you to lead generating
companies.
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Do you have real estate associations?
>> We have various real estate associations
throughout California.
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Do you have errors and omissions insurance?
>> Yes, there is a $125.00 fee per funded/closed
transaction.
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Can you process your own loans?
>> Only after you have established enough trust. It will be
on a case by case basis.
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Who locks your loans?
>> You or the processors are responsible for loan locks.
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Can you originate out of state loans?
>> Yes, but there is an extra fee for out
of state loans.
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Can you sign up to any multiple listing service?
>> Yes, You can sign up with a multiple listing
service.
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How do you get real estate signs?
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How do you get business cards?
Omni Digital
Services
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What if you want your own website?
Contact
Webdesignology
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How often are commissions paid?
>> 48 hours after reception of check and file.
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Can you sign up with additional lenders?
>> Yes, if a new lender is needed, we will sign up.
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Are you an employee or independent contractor?
>> You are an independent contractor and given a 1099 annually,
not an employee.
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Does marketing and advertising need to be approved?
>> Yes, all marketing and advertising needs to be approved.
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Is there training with sales and marketing?
>> There is periodically training for sales and marketing.
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