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Charles Rutenberg Realty Silver Plan vs. Gold Plan

June 15, 2010

CallChrisToday.com - Charles Rutenberg RealtyIf you’re considering switching to Charles Rutenberg Realty you’re going to need to pick either the Silver Plan or the Gold Plan. I’ll show you the math here so the decision is simple.

In a nutshell the Silver Plan is ideal for Realtors working part-time or doing low volume. If you tend to have more than one closing per month the Gold Plan might make more financial sense.

If you have questions about Charles Rutenberg Realty please call me at 727-804-5319.

Charles Rutenberg Realty Silver Plan

  • $35 per month dues
  • $250 Transaction fee on each closing
  • $40 Errors and Omissions Insurance Premium per closing

Charles Rutenberg Realty Gold Plan

  • $75 per month dues
  • $250 Transaction fee on 1st closing of each month
  • $0 Transaction fee on additional closing each month
  • $40 Errors and Omissions Insurance Premium per closing

Now for some quick math to show you why you should switch to Charles Rutenberg Realty. I’ll use the Silver Plan for this example.

Example

Contract Sales Price: $500,000
Commission: 3% or $15,000

I’m going to compare the Charles Rutenberg Silver Plan to the RE/MAX plan I was on before I made the prudent decision to change to CRR. Please sit down as the math doesn’t lie and can actually cause a healthy Realtor to faint….

RE/MAX common plan

$15,000 gross commission – 15% broker fee ($2,250) = $12,750 – $350 monthly fee – 1/12th of annual RE/MAX International fee ($30) = $12,370 net commission check

Charles Rutenberg Realty Silver Plan

$15,000 gross commission – $250 transaction fee = $14,750 – $40 E&O Insurance Premium = $14,710 – $35 monthly dues = $14,675 net commission

Summary

By switching to Charles Rutenberg Realty you would earn $2,305 more commission on this example transaction. What could you do with an extra $2,305?

Annual Savings

Now look at the savings on an annual basis. To keep things simple let us suppose you close 1 $500,000 transaction per month and no other transactions.

$2,305 x 12 = $27,660 savings by switching to Charles Rutenberg Realty. This isn’t rocket science. The math is simple. And you can play around with the figures and see how your savings can be even more significant.

Imagine closing on the largest transaction of your real estate career. It’s a waterfront home that sells for $4.6 Million.

$4,600,000 x 3% = $138,000 gross commission – 15% = $20,700 washed down the drain. With Charles Rutenberg you wouldn’t be paying the $20,700. You’d still pay only $250 per transaction + $40 E&O insurance. There are no catches, games, bait and switch, etc….

Make the smartest decision of your life. I’m not a manager or broker with Charles Rutenberg Realty. This blog post was not requested by CRR. It is simply my way of offering quality information about the best real estate brokerage in the Tampa Bay area of Florida.

Call Chris today at 727-804-5319 if you have questions about Charles Rutenberg Realty.

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Comments

2 Responses to “Charles Rutenberg Realty Silver Plan vs. Gold Plan”

  1. Mobility Aids on June 17th, 2010 3:29 am

    Great advice on the difference in the plans. Thank you

  2. Arizona Hard Money on June 22nd, 2010 11:43 am

    Wish our brokers offered plans like this.

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