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by: FredArnett
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Agents searching for something to make up the difference between the commissions they were pulling in two years ago and the commissions they are getting today have had nothing but rave reviews for the new, free service offered by RegisterMyClient.com (RMC). The online blanket registration will be the end of lost commissions due to the old school rule requiring them to visit the new home community with their client on the first visit in order to get paid on closing.
What is RMC?
RMC (RegisterMyClient.com) is a brand new online, interactive database offering real estate agents the chance to register their clients in the market for new homes with all participating builders in one blanket registration process. The blanket registration is quick and easy saving agents time and money and the hassle of driving to and from several different communities with their clients in order to get the commission on the sale.
Does RegisterMyClient.com Have a Fee for Agents?
Agents pay nothing to use the service. RegisterMyClient.com is a free service to licensed real estate agents.
How Do Agents Register for the Service?
For an agent to register to use RegisterMyClient.com they simply click on the "Get Started" tab on the home page and follow the instructions. Agents are immediately issued a username and password used to log in to the site to view account activity as well as to register additional clients.
Can Any Agent Access the Site?
YES! Only licensed real estate agents can register their clients with RegisterMyClient.com This site is for Real Estate Agents ONLY and is not available to the outside public.
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.
Will Agents Who Use RMC Still 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.
What is the Length of the Registration?
No. Registration lasts for 30 days. When 25 days has passed, agents will receive an email suggesting that they re-register their client prior to registration expiration. Agents should remember that the registration must be confirmed (by email) the client in order for the registration or re-registration to be valid.
What about the "Accompany Your Client on their First Visit to a New Home Community" Rule?
An online registration with RegisterMyClient.com fulfills the "visiting" requirement for all participating builders.
Do Agents have to Choose Which New Home Builders to Register With?
YES! In fact with Registermyclient.com agents are actually registering their client with all participating RegisterMyClient.com builders simultaneously online.
Does RMC Notify the Builder of New Registrations?
Once an agent registers their client on Registermyclient.com they will receive a confirmation email that can be printed confirming the registration as well as specifying each participating builder that the client is now registered with. Even though agents have officially registered their clients it is still a good idea to fax or email the registration to the builder at the time of contract signing. Builders will also have access to the database of registered buyers and will have the ability to confirm registration.
What Type of Notification do Clients Receive Regarding Registration?
When an agent registers a client, RegisterMyClient.com sends an email to the client requesting confirmation of the registration. The registration does not become active until it has been confirmed. Agents should always advise their clients clearly of their intentions to proceed with the registration and make it clear that they will need to access their email and confirm the registration quickly.
Meet Fred Arnett, the President and co-founder of RegisterMyClient.com. The excitement regarding the newly released online, interactive database bridging the distance between agents and builders is extraordinary. Visit RegisterMyClient.com to check out the agent portal or discover the builder's site at RMC!