We have a new online training program and it’s open to all agents from any brand!
You’ll get 24/7 access and bi-weekly updates on future calls.
They are recorded and you can get instant access here:
Contact Peggy Wilson, Broker at (613) 823-1111 for more information.
When we started Waybridge Realty we realized that the single most expensive component of the business was the Bricks & Mortar. The minute you add the store front you pay rent, need a reception, furniture, telephones and copiers, just to name a few. This in turn means that the Brokerage must charge a much higher rate to their REALTORS® to cover those costs.
At the same time, there are still not enough offices for all the agents, and a common bull pen is then employed. Many of the agents have a home office and work primarily from their home office. Waybridge Realty was designed for those agents who work from their home office.
By providing you with a virtual office and cover all your Brokerage requirements that you are used too, we can substantially reduce your Brokerage cost, which are the single highest cost you are burdened with. Many franchised brokerages charge you anywhere from 25% to 40% of your gross income. An agent earning $ 80,000 per year can pay from $ 20,000 to $ 32,000 per year. The same $ 80,000 per year agent with Waybridge will only pay a transaction fee of $ 500 + 2% of Commissions Earned + HST. If you completed 10 ends in a year you would pay $ 5,000 and save from $ 15,000 to $ 27,000 per year. That is up to a 33%.
One of the reasons that we left the large corporate brokerages is because of the restrictions that were placed on us. We could not charge what we wanted, nor were we allowed to advertise our rates. We could not use our own signage that matched our logos and design elements. We were charged for corporate advertising and costs by way of a monthly mandatory fee. We were charged desk fees, or percentage fees. Plus we were given value added services that we never used.
So our business model is that we allow you to design your own signs, use your own telephone number on your signs and business cards, run your business as you see fit without interference. As long as you abide by RECO regulations, our code of ethics and governing legislations, we will support you. Naturally we want to be involved with your advertising to approve your products and services, to help protect you from problems.
One of the issues that we found before we started Waybridge Realty was that when we drove down the street we saw a sea of signs that were exactly the same. Many of our clients don’t understand that we do not work for our Brokerages, but that we are independent contractors? All the advertising you do promotes your brokerage and not necessarily you. You are competing with agents in your own company more often.
Our format at Waybridge Realty allows you to be much more individual, with the freedom to design your own signs, your website, and your marketing materials to stand out from the crowd.
We have learned over the last four years in business that the colours of the sign on the lawn only matters to the REALTORS®, so why not make yours stand out and get noticed.
Most of us already have a home office. We found it hard at night when we had a corporate office and all our files were not where we were. So we had to have two sets of files or carry our files with us.
So if you are like us you already have a computer, a printer, internet connection, with wifi, and all the other things you need to run your business from your home. And with a home office you can also claim the percentage you use as an expense on your tax return.
Having a home office already, you are set up to take control of your business.
This opportunity is designed for independent agents that want to operate a home office and is being offered to a select group of individuals that we feel are like-minded. We would be honored to have you work with us.
Please call Peggy Wilson, Broker at (613) 823-1111, or Kerry Wilson, Broker of Record at (613) 823-1111, and let’s have a coffee.