Agents and Brokers

Agent onboarding process

1
Agent Registration

Register and create agent profile

2
Broker Registration

Your broker registers and inputs their information to receive payment on your behalf

3
Earn Money

Send profile to identified customers, or utilize the Factour marketplace to find customers

Application demo screenshot

Why Factour for agents and brokers

1

Create a revenue stream during down time by showing properties on demand

2

Generate leads to convert unrepresented buyers, sellers, renters, and landlords

3

Ensure payment for services by accepting payment on Factour – especially when you’re uncertain about receiving a shared or split commission

4

If a commission is received at a later date, you can provide a credit or reimbursement to your client at closing

5

Factour consumers are typically cost and fee conscious, so you’re not cannibalizing your consumers that prefer the traditional commission structure

6

Allow buyers, sellers, renters, and landlords to engage with you directly

7

Safe payment processing – payment made to agent's broker utilizing Factour's third party payment processor, Stripe

Register as an agent Register as a broker

FAQs

No. Factour is a marketplace and advertising service for real estate transaction services, but does not provide real estate brokerage services in any capacity. Factour connects consumers with local brokers and agents to tour, buy, or sell properties, and navigate the real estate transaction process. Real estate brokers and agents should ensure they are following all local laws and regulations, as well as providing any necessary and required disclosures.

Yes. Your broker needs to register so that we can pay them directly for your real estate services. Due to the real estate laws in most states, we are unable to pay agents directly and as such all payments for your services must be paid through your broker.

Factour is not a party to any contracts between consumers and agents/brokers for services or representation, we are simply creating price transparency and connecting marketplace users. Real estate agents and brokers should inform consumers of any necessary disclosures, documents, or agreements, but the execution of these documents may not be handled on the Factour platform. If applicable, all parties should read these documents and understand the costs and commitments they are agreeing to through those agreements and consult with legal counsel, if necessary.

No. While Factour does allow consumers to leave reviews of agents and brokers on the platform, the intent is that this is an open marketplace and consumers are free to select agents and brokers based on their profiles, prices, availability, and service offerings.

Yes, but only one and only when you earn money on the platform. Factour charges agents and brokers a Marketplace Fee of 6.75% of the total charged amount. Agents and brokers should take this into consideration when setting their fees for tours and services on the marketplace.

No. There is not an additional cancellation fee, however if you cancel the tour, the initial Tour Request Fee, along with the Marketplace Fee that are charged to the consumer will be charged to your account. This policy is necessary due to fixed fees, along with non-refundable fees we incur from our third party payment processor. We incur these fees at the time the payment is processed, which in this case is when the agent, broker, or consumer accept a request or proposal. This being the case, if a transaction is cancelled after this point, then the our fees will be non-refundable.