Khasim Realty was established in 2007 and the Brokers office is located in Escondido California. Khasim Realty offers substantial savings to realtors looking to be independent while providing the same service as traditional real estate companies. Khasim Realty is committed to helping you keep more of your commissions.
Features and Benefits for you:
No Franchise Fees * No Office Fees * No Sign up Fees
No Yearly or Per Transaction E&O Fees * No Required in house Transaction Coordination * 24 Hour Turnaround for Commission Checks Once Cleared * No Start Up Fees * No Quotas * Free IDX Website * Free Business Cards * Workers Compensation Included
Compensation
Broker Support
Training
Association
Richard Khasim is a member of the NSDCAR and CAR. As an agent for Khasim Realty, you are required to join the corresponding association and become a REALTOR. The benefits to this are the availability to access Zip Forms which costs almost the same amount by not being a member.
Recruiting New Agents Bonus
If you refer an agent to our company you will receive a $100 bonus every time that agent closes a transaction.
Business Cards and Signs
We provide business cards at no cost. Sign templates are also available from Dee Sign. You can call our sign vendor to place your order with the template on file.
Khasim Realty Website
Our website www.khasimrealty.com offers IDX which means clients can search for listing on the site. Our site also has the capability to generate leads. The site automatically uploads all your listings to our website shortly after you input it in on the MLS. You also get Free of charge your own @KhasimRealty.com e-mail address which will get forwarded to your personal e-mail or we can give you the settings to use on your outlook or mobile phone.
Broker Referrals
Khasim Realty has many ways to generate new business, by being an agent of Khasim Realty you may receive referrals at an 80% commission split.
Legal Consultation
Khasim Realty provides support and consultation to our agents via telephone, e-mail, and fax. Also the C.A.R. member legal Hot Line 213-739-8282 is a free service to all our associate licensee. It gives agents the opportunity to briefly talk to a C.A.R. attorney in a confidential telephone conversation about legal uses that they face in their practice. You may find more information by going to www.car.org/legal
Short Sales
Transaction Processing
Khasim Realty does not require you to use a specific transaction coordinator. You may coordinate the transaction yourself or hire a professional to do it for you. We simply require that we review files no less than 72 hours prior to closing to ensure that all required disclosures are signed and dated by all parties and their agents. No Commission checks will be distributed until all required forms are in the file.
Transaction Forms and Disclosures
You are required to use C.A.R. approved forms in all your transactions. You can get training on these forms by going to the CAR website www.car.org. Click the link for “business tools” then “Zip forms” then “forms tutor” then “access forms tutor now” then “choose by category”. You can then click on the form or disclosure you are interested in, and the form will pop up on your screen and you will hear a dialogue on what the form is used for an how to fill it out properly.
Workers Compensation
Khasim Realty will provide workers compensation insurance for all our agents. It costs nothing to you as an associate licensee. However this shall not create an inference of employment and Associate Licensee shall not be treated as an employee for state and federal purposes.
E&O and Risk Management
Khasim Realty provides an Errors and Omission Policy on every closed real estate transaction. We do not collect any additional E&O Fees for this service. In the case that an associate licensee needs to use the policy of Khasim Realty, the policy deductible is $2,500 and the Maximum Limit to agents is One Million Dollars. If this is an agent owned property then the deductible will be $5,000.
Payments to Agent’s Corporation or Limited Liability Company