You have questions. We have answers.
Frequently Asked Questions
Yes. You are required to have a real estate license in the state of Washington to join Platinum Advantage. Visit Washington State Department of Licensing for more information.
Yes. To keep a current active real estate license in the state of Washington you must renew your license every two years.
Yes. Your license must be active status.
Yes. To renew an active license with Washington state you will need to complete continuing education courses.
No. Washington law states you can only hang your license with one firm. Your license can only be associated with Platinum Advantage.
No. The good news about joining Platinum Advantage is you will not have these added expenses associated with running a full-scale real estate business.
Yes. There is a monthly fee of $25, billed quarterly to join the program.
Associates are paid through referrals at a 70/30 split – 70% paid to the associate. Check out the transaction samples to see how it works.
TRANSACTION EXAMPLES
How the referral process works.
You refer a client to an agent and negotiate a 25% referral fee.
The agent helps the client find their dream home and closes the transaction for $200,000.
The agent negotiated a 3% commission totaling $6,000 on the sale. You are paid 70% of the referral fee totaling $1,050.
You refer a client to an agent you know specializes in land sales.
The client and agent find the perfect property for $175,000 and complete a successful transaction.
The agent receives a 4% commission totaling $7,000. You negotiated a 25% referral fee. You are paid 70% of the referral fee or $1,225.
You have a friend moving to another state and they ask if you can help them find a real estate agent.
You find a great agent and give them your friends information and negotiate a 25% referral fee.
Five months later your friends close on their $550,000 home with the agent you set them up with.
The agent receives a 2.5% commission totaling $13,750. You are paid 70% or $2,406 for your referral.
Feel free to contact us
for more details.
PHONE
360-509-4346
ADDRESS
9224 Ridgetop Blvd NW Ste. 200
Silverdale WA, 98383
broker@platinumadvantagellc.com