Frequently Asked Questions

What is your commission structure?

100% - $150 per transaction with no monthly fees. We also pay for Errors & Omissions Insurance and offer free REO training and leads.

What Real Estate Boards are you a member of?

Chicago Association of REALTORS®

REALTOR® Association of Northwest Chicagoland – Our primary board.

Mainstreet Organization of REALTORS®

North Shore - Barrington Association of REALTORS®

McHenry County Association of REALTORS®

Realtors® Association of the Palm Beaches, Inc.

We are willing to become a member of other boards if agent/broker so desires and/or finds more convenient.

Do we offer company email and web pages?

Yes, we offer both at no additional cost. You can request those by sending email to support@myusrealty.com.

How often are agents/brokers paid?

All checks are cut and mailed every Friday.

How are commission/earnest money handled?

Our agents/brokers make deposits directly into our accounts and fax us a copy of the check and deposit slip as proof. All details are provided on compliance checklist available on our secure website under Forms tab.

Do we hold earnest money?

Yes. Deposit instructions are on our secure website.

What commission rate can we charge the clients?

Any rate the agent/broker wants as long as it does not violate state, local, and anti-trust laws.

How much E&O insurance coverage do you have?

Currently we have $2,000,000 E&O coverage.

What REO leads do you offer?

We have contacts with over 2,500 asset management companies and over 10,000 banks and lenders throughout US. We currently work with and sell REO properties for  most of the largest companies including Bank of America and Chase.