Broker Breakup Frequently Asked Questions
Individual Agent Sponsorship FAQ's
In most cases, less than 24 hours. Your license will be associated with Pinnacle Realty Advisors
1-2 weeks prior to closing you will fill out our Commission Disbursement Agreement (“CDA”), which is available within the “Member Portal”. Once the CDA has been filled out and submitted, along with a copy of the executed contract, we review the documents and sign the CDA authorizing you to be paid upon closing, directly from title.
The Texas Real Estate Commission requires the name of the listing Broker to be displayed on all signs (TRELA 1101.652(b) (23). You can still include your name and contact information, but must also include Pinnacle Realty Advisors (your sponsoring broker) somewhere on the sign. We do provide and allow the use of our signage & logo for Pinnacle Realty Advisors in various formats in our “Members Portal”.
We ask for a one-year commitment.
You can do zero or thousands of transactions per year as an agent sponsored by us.
We will not accept agents with negative TREC Enforcement Notice issues against them during the 12 months preceding request for sponsorship. Additionally, we will not sponsor agents with unresolved or outstanding TREC complaints.
No, you determine your physical office address. Agents may choose to open their own offices or work from home. We want you to choose what's best for you!
Top Producer Plan: E&O fee of $250/year
Standard Agent Plan: E&O fee of $80/year
LLC Brokerage Owner FAQ's
For each sponsored group, a separate LLC is created and licensed by TREC as an LLC Brokerage. One of Broker BreakUp’s principals serves as the sponsoring broker to the LLC and the LLC serves as broker to the agents. The owner (you) owns the LLC/Brokerage. Broker BreakUp’s Principals serve as sponsoring broker and attorney for you.
The monthly fee commences once you are ready to move your license under your new company.
The process takes approximately two to four weeks to complete. Much of the timing depends on TREC. We suggest agents “stay put” with their current broker until their new company is ready and licensed. If you are in a situation and need to move, Broker BreakUp will sponsor you under Pinnacle Reality Advisors until your company is ready and licensed.
Each LLC Brokerage Owner will be responsible for procuring their own E&O insurance. Each sponsored entity will be required to provide proof of coverage upon application submission to TREC. Broker BreakUp has preferred insurance providers and will aid in obtaining the insurance.
We will not accept agents with negative TREC Enforcement Notice issues against them during the 12 months preceding request for sponsorship. Additionally, we will not sponsor agents with unresolved or outstanding TREC complaints.
The owner owns 100% of the LLC as well as its listings, buyers, leads, and commissions. Pursuant to TREC rules, the broker acts as a manger of the LLC so that they can act as sponsoring broker.
TREC will contact both of us with company matters. They will contact you for your individual matters.
Broker BreakUp asks for a one-year commitment.
You generate your own CDA (We are paid through credit card draft and have no interest in the CDA process).
Yes, you will have input control. You will be the “Office Manager,” which allows you to cancel your own listings as well.
No, you determine the physical office address that best fits your LLC brokerage's needs.
Yes, your LLC is your company name.
You are fully protected by our SponsorShield Guarantee.
Our trademarked SponsorShield guarantee protects you in every aspect of your business. Not only do we guarantee your satisfaction with our service, SponsorShield ensures that you will have the support you need when you need it. Midnight weekend calls, texts, and emails accepted. We are ALWAYS there for you and your business.