Creed Realty Virginia Careers in Real Estate

What is different about Creed Realty?

Creed Realty is focused on delivering on their mission statement.

By dedicating ourselves, the leadership of Creed Realty, to helping buyers and sellers, agents, and everyone who provides ancillary services to our company, find their path to success in real estate. As the agent provides service to their client or customer, the brokerage provides service to agents, and the firm does this in the unique way of recognizing that the agents are customers of the brokerage, and they should be treated as such.

What is agent shared ownership?

After investing a small amount into the company, agents are able to be voted in as shared owners and may ultimately receive company profit. In return for receiving profit, they serve on an owner’s council and provide input as a group on recommendations to a board of directors on aspects of company growth, profitability, set-up, and many other details of the business.

This process allows the agents to have a say so in how their money is being spent. Another agent owner advantage.

Why would an agent choose Creed Realty over a traditional corporate company?

The number one reason is the values we uphold at Creed Realty. These values guide the decisions which lead the company and remove ambiguity from allowing personalities to make decisions.

Traditional companies often operate on the value of does it help the bottom line of the company.

At Creed Realty, we use the values to guide a decision making matrix which ultimately gives not only the company bottom line something, but everyone involved in the transaction gets to benefit.

This decision making matrix is comprised of the following questions:

1. Is it legal?

2. Is it consistent with our values?

3. Does it fulfill our mission statement?

4. Does it build shareholder equity?

The second reason an agent should choose Creed Realty is the freedom agents have regarding their commission.

We believe agents should make what they want to make, without worry about the levels of splits they could receive, and they should have the freedom to negotiate their commission to better serve their client.

We give all of our agents a voice in the company even if they choose not to become a shared owner.

Non-owner agents may serve on an agent council and provide input to the owner council.

What’s the difference between revenue sharing and profit sharing?

Revenue sharing is sharing a portion of all revenue that comes into the company. The portion of revenue that is set aside for revenue sharing has nothing to do with the operational expenses (OPEX) of the company, thus this revenue is unable to affect profit. It is a guarantee that if revenue is produced, it will be shared.

Profit sharing is sharing a portion of the company profit. This is usually decided by a board of directors as to how much profit the company has made, how much Operating Expense must be set aside to operate the company for a set number of months, and how much profit should be set aside for new projects, new offices, new programs, etc. In many cases, profit is very subjective, may or may not be there for owners to share, and is often spoken of as a guarantee, when it is not.

At Creed Realty, we have both profit sharing and revenue sharing models. The revenue (guarantee) model is available to all agents and employees of the company; the profit sharing model is available to shared owners.

What’s the #1 reason people choose Creed Realty over other companies?

The values that give them the freedom to make responsible decisions that benefit the agent, the clients, and their families.

Why do our values give you more value?

Our values give you value because you receive more than just commission at Creed Realty. We give you tools to make decisions that are truly valuable in more ways than just a financial way.

How do our pay plans compare to other pay plans?

We believe everyone should have flexibility in making a responsible decision of what they pay to work in real estate. We have flexible plans at Creed Realty, and absolutely no additional fees.

If you aren’t paying a monthly office bill where you work now, have you added up what you do pay the company monthly?

If you are on a 70/30 split, and you sell enough properties this year totaling $3 mil in gross sales, 3% of that is $90,000. If you give the company you work for 30% of that $90,000, you gave them: $30,000 in split plus any franchise, tech, desk, etc fees.

At Creed Realty, the most we would have only taken in split is $12,000 of that $90,000 plus a small management fee, but not charged you any additional fees. We also have plans that save more money than the above scenario plus we show agents how to earn more than what they pay in commissions, so please sit down with a team leader, broker, or owner today and find the best plan to fit your income goals.