Wainwright Real Estate

Wainwright provides its agents TOTALLY free classroom instruction. There is no charge for course OR materials. So whether you are fresh out of real estate school, or you have some experience but would like to freshen up a bit, we can give you the knowledge to get started. Additionally, we are always available for one-on-one assistance if you feel y... ou do not need classroom instruction, and both brokers are always available to help agents with any problems they may have. Q. Since Wainwright is not a member of the local Realtor association, how would that affect me as an agent? Since we are not members of the local trade association, our agents do not need to pay the association dues that member agents must pay. This has no effect on our ability to sell real estate, as we are members of REIN, the local MLS. Our agents may not refer to themselves as Realtors since that is a copyrighted term reserved for members of Realtor associations. Q. I understand that Wainwright agents go on a 100% split after the company makes $2,900 in a year. Is this $2,900 a fee that I will owe even if I don't do enough business to reach that goal? No, the $2,900 is what the company earns from the commission split. You don't owe anything if you don't sell anything. Q. What fees and expenses are Wainwright agents required to pay? Like all members of REIN, our agents must pay the quarterly REIN licensee fee. They are also responsible for their own advertising, including signs (which are available to purchase at the office). Q. What sort of production requirements does Wainwright have? We have very minimal requirements. Generally, we ask that all agents do at least enough business to make the company $2,900 every TWO years. Needless to say, most agents have no trouble meeting this requirement. Q. How much control do Wainwright agents have over conducting their business? Our philosophy is that an agent is really running his or her own business, and we exercise the degree of supervision consistent with that approach. This means that you are ...Read More