Source: https://journal.firsttuesday.us/agent-interview-and-income-data-sheet-form-500-and-504/59226/
Timestamp: 2019-01-23 11:18:44
Document Index: 165214686

Matched Legal Cases: ['§1', '§1', '§1', '§2', '§3', '§4', '§4', '§4', '§5', '§6', '§6', '§2', '§3', '§4', '§5']

Agent Interview and Income Data Sheet — Form 500 and 504 | first tuesday Journal
Posted by Connor P. Wallmark | Jul 31, 2017 | Forms, Latest Articles | 0
how many agents you want to hire;
the personal qualities you are looking for in an agent;
California Bureau of Real Estate (CalBRE) license number and the date it was obtained [See RPI Form 500 §1.1];
other professional licenses or endorsements they hold [See RPI Form 500 §1.2];
any negative actions taken against the licensee or the existence of a criminal record [See RPI Form 500 §§1.3-1.5];
professional affiliations [See RPI Form 500 §2];
educational levels attained [See RPI Form 500 §3];
real estate, mortgage or business opportunities the prospect has an interest in [See RPI Form 500 §4.1];
a description of the types of real estate services previously rendered by the prospect [See RPI Form 500 §4.2];
the identity of former brokers who employed the prospect, and the duration of those employments [See RPI Form 500 §4.3];
personal contacts of the prospect and the identification of unrelated individuals who may serve as a character reference for the prospect [See RPI Form 500 §5]; and
the prospect’s commitment to pay dues and fees to professional organizations designated by you[See RPI Form 500 §6];
whether the prospect will be employed on a full-time or part-time basis [See RPI Form 500 §6.2];
the prospect’s commitment to abide by the provisions of the attached employment agreement, if hired [See RPI Form 505 and 506];
gross fees they will receive from you as their broker [See RPI Form 504 §2];
transaction deductions taken by you from their gross fees [See RPI Form 504 §3];
office expense contributions they need to pay from their gross fees (equipment rentals, membership fees, library/subscription charges, etc.) [See RPI Form 504 §4];
business expenses they will incur acting as an agent (auto, licensing fees and education, travel, insurance, etc.) [See RPI Form 504 §5]; and
What is the dollar range of the sales (leases and mortgages) I will work with?
How many sales (leases or mortgages) will I likely close in my first year?
What cash reserves will I need before my first transactions close?
What business equipment and supplies will I need to provide?
Is the model of my car sufficient for showing properties?
All this data, and more, is contained in the income sheet.
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