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Best Thing Since Sliced Bread
Fred Arnett
Agents make a living off commissions. So when a commission goes unpaid it's a big deal to the agent who spent time and effort working with the client. The situation in which commissions are most often lost is the home purchase that takes place between a buyer and a new home builder. For some reason, real estate agents and new home builders got off on the wrong foot and they've stayed there ever since. But with RegisterMyClient.com, a new interactive database accessible online to licensed agents and builders the two can now work together in a streamlined process that gives everyone exactly what they need.
What is RMC?
This site (RegisterMyClient.com) is accessible online. It offers agents the opportunity to register their clients looking to purchase a new home. One registration fulfills the requirements for all participating RMC home builders in the purchase area and the registration takes less than a minute. Agents can now save themselves time and gas money while ensuring that they won't lose another new home sale commission.
How much does it cost an agent to register clients on Registermyclient.com?
No. Licensed real estate agents access the RegisterMyClient.com service for free.
How do Real Estate Agents register to use RegisterMyClient.com?
Agents that want to use RegisterMyClient.com click on the Get Started tab to register. The Get Started tab is located on the site's home page and will lead agents through the simple registration process. Subsequent log ins are accomplished through the use of the same username and password in order to access account activity as well as to register additional buyers.
Who Has Access to RegisterMyClient.com?
Any licensed real estate agent is welcome to register to use the service.
How do Agents Register Their Clients?
Once agents have registered themselves with Registermyclient.com and have successfully received their username and password they will simply click on the "Log In" tab that is located on the home page. Once they have logged in to their personal account they will be able to register their clients.
How do Real Estate Agents Know They will Receive their Commission?
Participating builders are required to sign RegisterMyClient.com's legal agreement that ensures that traditional/advertised commissions will be paid to agents at the close of escrow.
How Long Does the Registration Last?
When agents register a client on Registermyclient.com the registration is good for 30 days. 25 days into the registration period agents will receive an email from RegisterMyClient.com notifying them that the registration is about to expire. Agents will be given the option to register the client for an additional 30 days at this time.
What about the "Accompany Your Client on their First Visit to a New Home Community" Rule?
Agents are no longer required to accompany your clients on the first visit to a new home builder community as long as they have previously registered the client on RegisterMyClient.com
How Many Builders Can Agents Register Their Clients With?
YES! In fact with Registermyclient.com agents are actually registering their client with all participating RegisterMyClient.com builders simultaneously online.
Is the Builder Aware of the Agent Registrations?
Agents receive a confirmation by email when they register a client. The confirmation will specify each participating builder the client is registered with through the system. While the registration is active and valid at this point it's still a good idea to fax or email the registration to the builder at the time of the contract signing. Each new home builder will also have access to the database and confirm registrations on an individual basis as needed.
Will Clients be Notified that they have been Registered?
After an agent registers a client with RegisterMyClient.com, the registered client will receive an email requesting confirmation. Until this confirmation is received the listing is not valid. RMC suggests that agents advise their clients about the confirmation email and that they should watch for it.
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