Ask the ACRE Council: April 2009 Archives

Does consulting tend to impact commission-based business in a positive way - or does it stay fairly level, but with added income from the consulting side and in that way does it help with cash flow and smooth out the highs and lows of commission-based income?

AP - New York

Let's say I earn $450 in consuting fees. Would I receive the same agreed upon % that I receive in a commissioned base transaction? I am assuming that the check would be made out to my Brokerage firm.

DJ - Illinois

Did you have an attorney draw up your forms and documentation? What part of this does the broker of record play in the process? If any? What pitfalls do you recomment that we watch out for? What are the absolute "must steps" that are to be taken?

LH - Texas

What if you like your brokerage but want to do the ACRE concept?

GC - Washington

I've been going back and forth now on your business model. I was discussing it with my brokers. They claim that If I do a CMA, a consultation, etc.. on a fee based per service model, its considered a transaction and has to go through my brokerage? Is this the case with you ACREs? I'm still being charged the transaction fees, E&0, etc.. which would put me upside down on such a model.

Can you shed some light?

AS - Washington