The real estate industry continues to evolve, presenting opportunity for those who are willing to adapt, and challenges for those who do not.

One of those opportunities to present itself over the past few years that many Realtors have taken advantage of is the ability to become dual licensed as both a real estate agent, and mortgage originator. 
 
Among Those Benefits Are:
> Increase and diversify your income.
> Provide a more seamless client experience.
> Have visibility into the mortgage origination process.
> With NEXA, build long term residual income through revenue share. Learn more below.
 
Another benefit, or possible necessity, is competitive parity. We are seeing more large national players in the mortgage space acquire real estate brokerages, and national real estate brokerages expanding their mortgage operations. They are doing this to provide both the client with a more seamless experience where they can control the entire transaction, and to allow them to offer discounts or credits by combining services. 
 
Why Partner With NEXA:
As the fastest growing mortgage broker in the country with approximately 3,000 originators closing billions of dollars in mortgages per year, our size and, volume allows us to negotiate preferred rates, and service levels with our investors. With access to over 200 lenders offering all types of loan products, you are sure to have the loan program your client needs. 
 
How Does It Work:
This is not simply a referral relationship. You will need to complete certain duties in order to be considered the originator, and be eligible to receive a commission. These requirements are limited. You will be expected to obtain the loan application, collect documents, and be involved throughout the process as needed. Obtaining the application, and collecting documents can be accomplished by simply providing the online application link. Most of the "heavy lifting" will be completed by your loan partner, and processor.  

Watch the ReLo program video below.

This is NEXA's way of rewarding you for helping grow the business. Instead of spending money advertising for new originators, NEXA recognizes the best way to grow the company is through their current originators. You receive 4% of the commissionable profit for all loans closed by someone you introduce to NEXA. This goes three levels deep. If you bring over Bob to NEXA, Bob attracts Sally, and she attracts Tim to NEXA, you would get 4% from all three of them. 

Revenue share has two very important and potentially life changing features:
>First, you can retain this income into retirement. If you stop originating mortgages either to retire or do something else, as long as you do not go to work for another mortgage company, you continue to receive your revenue share income.
>Second, your revenue share is willable. You can leave your revenue share to your heirs and they will continue to receive it. 
 
Example:
Loan Amount - $300,000 
Margin - 200bps (2%) $6,000
NEXA Operating Fee - 25bps (.25%) $750
Commissionable Profit - $5,250
Revenue Share - 4% $210
You would earn $210 in Revenue Share on that loan.

I used a 200bps margin in this example. You can earn up to 275bps on a loan. Also, if the loan qualifies for the NEXA100 program, 100% of the profit would be considered commissionable and NEXA does not take the 25bps increasing your revenue share. 
 
Watch the video below to learn more about Revenue Share.

Watch the video below to learn more about Revenue Share.