FAQs
Q: What Is DORRMAT® All About?
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A: DORRMAT is a real estate service specializing in helping buyers find the suitable homes and sellers sell their homes for the right price. We pride ourselves on providing a premium service that’s easy to deal with, insightful, and helps clients every step of the way.
Q: Do You Have a Monthly Fee?
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A: Yes, we do. We charge $75 per month.
Q: What is Your Signup Fee?
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A: We charge an initial $99 onboarding fee.
Q: What Commission Splits Do You Offer?
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A: We offer an 87.5/12.5 split until you reach the cap.
Q: What Is Your Commission Cap?
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A: Our annual commission cap is set at $10,000. The cap resets on the day of your anniversary.
Q: Does DORRMAT Offer Ownership in The Business?
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A: Yes, we do…our agent partners can work their way up to ownership stake in the business.
Q: Is There a Form of Revenue Sharing for Agents?
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A: We offer agents a referral bonus each time they recruit someone.
Q: Do You Offer Leads?
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A: At DORRMAT, we offer our agents various lead options. In fact, there are a lot to go around.
Q: Do You Offer Agents Training?
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A: Yes, we offer on demand training, webinars, and coaching.
Q: Where Is DORRMAT Located?
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A: We are based in and operate across Arizona.
Q: What Fees Do I Pay?
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A: Currently, we have a $99 onboarding fee, A monthly payment of $75.00, E&O is $40 per transaction. We also have a broker review fee at $25.00 per transaction pre-cap. After capping, the broker review fee for the following 20 closings will be $150 per closing, then starting at closing number 21, it is $75.00.
Q: How Long Can I Take to Reach the Cap?
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A: You have a year from when you sign on to reach the cap. The cap, as mentioned earlier, is your anniversary date, after which it is reset.
Q: Do You Require Agents to Commit to A Minimum Sales Volume?
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A: At present, we don’t have a minimum amount. However, we expect that the agents working with us are professionals, and as such, they will pursue leads, and close sales, which help them sustain a decent living at the very least. We also provide the support, training, and tools needed to succeed.
Q: What Marketing Help Do You Guys Give?
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A: We provide our agents with two subdomain websites. This is in addition to coaching and training.
Q: Do You Also Give Office Space, or Do I Need to Work from Home?
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A: We have a virtual office environment but have a relationship with Regus, where you can rent a space for your operations.
Q: Who Is in In Charge of Negotiating the Fees and Commissions for Clients?
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A: As an independent contractor, you are 100% responsible for negotiating the commissions with your client. This gives you a great deal of freedom.
Q: When Do I Get Paid?
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A: Our goal is to pay ASAP. Once we receive the funds after they have been cleared, we will wire the money electronically to your bank. That’s why you are asked for your bank account information when signing up.
Q: What Should I Do to Join DORRMAT?
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A: Contact us, and we will send you the required paperwork. This can be completed digitally and sent back to us.
Q: Do Agents Pay E&O Insurance?
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A: You will need to pay insurance for every transaction. You are charged $40 E&O per transaction.
Q: Do You Provide a DORRMAT Email Address?
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A: Not at the moment. We are unable to offer branded DORRMAT email addresses to agents for use. However, we will update agents when this changes.
Q: Do You Provide Agents with Business Cards?
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A: We don’t provide agents with business cards. Instead, we advise that agents use the digital equivalent called LINQ.
Q: Do You Provide Us with Our Own Website?
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A: We provide you with two subdomains of the business website that can be used for lead generation purposes.
Q: How Do I Work When Your Office Is Far from Where I Live?
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A: We have discovered over the years in the real estate industry that most agents mainly work from home. Therefore, we have designed a model around this. If you need anything from DORRMAT, we discuss it over the phone, email, SMS, zoom, etc.
Q: Do You Have A CRM?
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A: Yes, we currently have two. One in DorrmatHomes.com and one in DORRMAT.com
Q: Do You Have Transaction Coordinators?
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A: Yes, we do at $495 per closed transaction.
For Sellers
Q: Do You Work with Cash Buyers?
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A: Yes, we work with different types of cash buyers. Our goal is to help you find the right cash buyer or company for your unique situation.
Q: Can You Get My House Fixed Before Selling It?
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A: Yes, we have relationships with different vendors who will help you fix your home before selling it.
Q: Can You Get My Home Sold to An Investor Who Will Rent It Back to Me?
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A: Yes, we work with a few investors who will buy your home and rent it back to you.
Q: Can You Help Me Buy a New House Then Sell My Existing House?
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A: Yes, there are different ways to do this, and we would love to help you figure out the best way to achieve this.
Q: Do You Have a Home Selling Service to Market My House in The MLS And Internet?
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A: Yes, we offer unique solutions to help you sell your home through the MLS.
Q: Do You Provide Staging Services?
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A: We don't provide staging services, however, we provide guidance on staging and/or digital staging if needed. Each agent and seller will have to figure this one out based on their unique circumstance.
Q: What Are Your Commissions?
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A: We don’t have a pre-set commission. All commissions are set between the seller and the realtor.