Leasing Commission Process

We strive to provide a great looking property that is neat and clean for you to show.  Our goal is to make it easy for you to get paid a commission for leasing our properties.

SHOWING OUR PROPERTIES

As a licensed Real Estate Agent, you may view our properties with your clients. We have our properties for sale listed with Centralized Showing System and our rental properties listed with Showtime. Showing instructions can be found in the MLS. We must have your name, number, email address, and license number to approve your showing appointment.  Please note that you MUST personally show the unit in order to receive a commission. Do not at any time give out our lock box codes.

Please make sure that all forms are complete and turned into our office. Please inform your clients that we will need signatures on our qualification criteria and application process, which can both be found on our website.  Once they have completed their online application and paid the corresponding fees, be sure to send us their supporting documentation via fax or email.  We will handle the process from there, which could be a 3 to 5 day process, depending on how quickly we can get all verifications back.

The toughest form to get is the rental verification. It would help us to quickly process the application if the tenant gives their landlord a heads up that we will be calling.

Once the application is processed we will notify the agent as to the decision to accept or deny their application.

PROCESS AFTER DECISION

Our Leasing Manager will schedule a time to sign the lease with your client. At this appointment, we will go over the lease with all parties and inform the new tenants of utility requirements, insurance required, any and all responsibility that the tenant has under the agreement.  Your clients (our new tenants) will be required to pay all deposits at the time the lease is singed. All leases must be signed within 4 days of approval. Their rent (whether pro-rated or not) will be discussed with them and is due prior to their move-in date to receive keys.

In the event your client’s application is denied, a letter will be emailed and mailed to their current address stating the denial of their application, which will include instructions on how to receive their $100.00 refundable application deposit.  .

TIME FRAME TO RECEIVE COMMISSIONS

If ALL required paperwork is correct and submitted to our office, we process your commission check within 3 business days after your client move in.  Any incorrect, incomplete, or missing paperwork may delay this process.  If you do not receive your check within this time frame, feel free to email our Accounting Department at dball@pamtexas.com or call Dawn at our office so the issue can be researched and resolved.

3 MUST-HAVES€ TO RECEIVE COMMISSION:

  • Agent MUST personally show property
  • All completed documents, such as application and other forms listed on the website
  • Agent’s name MUST be on the prospective tenant’s application
  • Agent MUST submit a completed and signed Agreement Between Brokers and their broker’s W-9 form.