Find An Excellent Agent
Referral Terms & Conditions
Here’s the bottom line . . . at the top of the page:
The owner of this website might get paid a referral fee if you choose to work with an Excellent Agent in our network—but you agree that we’re not liable if for some reason you didn’t think they were excellent.
Now for the explanation lines:
Does this mean you’ll pay us directly for our referral service?
No. We get paid from our referral partners (as you might have guessed, we call them Excellent Agents).
But it’s fair to say that you pay us indirectly through the commission your chosen Excellent Agent earns.
Our referral fee is one-fourth (1/4th) of the commission that your Excellent Agent’s brokerage receives at closing (then the brokerage splits the remaining portion with the agent).
We only get paid if you close on a property AND if your chosen agent was one whose brokerage agreed beforehand to send us a referral fee.
By definition, any fee earned for assisting in a home sale becomes a real estate commission when it 1) involves activity that requires a license and 2) is conditioned on a successful closing (close of escrow or settlement).
By rule, a real estate commission can only be paid to a person (licensee) or entity (brokerage) with an active real estate license.
Jerry Melchisedeck is licensed at My Home Group in Arizona (SA685609000), specializing in the Greater Phoenix area. He can represent you in a home purchase or sale if you sign a separate agreement to work with him. Otherwise, you can choose to work with someone else in the area or elsewhere.
Our referral partners are licensed to sell real estate in their respective states through various brokerages—some nationally owned and others independent—most with brand names you likely already recognize.
While most agents view paying a referral fee as part of their lead generation budget that is a normal cost of doing business, there may be one who states "X%" without a referral fee and "Y%" with a referral fee, for example.
Excellent Agents has no control over commission rates. You do.
Through antitrust laws that protect consumers, the Federal Trade Commission promotes competition in business and prohibits “price fixing” between companies, as well as other anti-competitive practices that could lead to higher prices, fewer choices, and less innovation.
We NEVER tell another business what price to set for their products or services. The competitive market does.
Real estate commissions are ALWAYS negotiable and are mutually agreed upon when you hire an agent.
Just like when shopping for homes, deciding on an agent compels you to do your own research and compare not only prices, but the value of the service you’ll receive in exchange for your money.
Excellent Agents are not just licensees, but also members of the National Association of REALTORS® and have been pre-screened by completing our separate proprietary real estate course—in addition to their state-required continuing education classes and background checks to keep their license in good standing.
If they passed our course, we are confident they are among the very best in the profession. They have the knowledge, experience, care, and ethics to represent your best interests—and are the least likely to make a wrong judgment call or ever miss something important.
But they are human. And that’s a good thing. There is no algorithm or A.I. bot that gets a gut feel when they lay eyes on a property based on their tangible track record.
Do you remember when Zillow’s algorithm calculated that its co-founder’s home was worth 40% more than it would realistically sell for—and their incorrect high Zestimate™ was automatically published even AFTER it sold for 40% less? We remember.
By our calculations, you’re making the very best calculated risk when choosing an Excellent Agent—because they are the very best at helping you make the very best calculated risk when entering into a real estate transaction.
That’s all we can think of for now. If you haven’t already, check out the other pages on this website to learn more about who we are, understand why we started Excellent Agents, and why we believe you’ll love your experience working with us and our referral partners.
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