Realtor - Common Expenses

Here are some common expenses that Realtors have in running their real estate business:
Broker Fees:
- MLS – Membership fees
- MLS – Regional Access fees
- MLS – Key box access fees
- MLS – Data feed service fees
- MLS – Electronic Lockboxes
- CAR (California Association of Realtors) Membership fees
- NAR (National Association of Realtors) Membership fees
- E&O Business Insurance policy
- Extended Auto Insurance policy
- Self-Employment Tax
- Department of Real Estate – Licensing fees
- Advertising fees
- Telephone service
- Fax service
- Electronic signature service fees
- Showing Service fees
- Website – Monthly Hosting fees
- Website – Domain names fees
- Website - Email fees
- Assistants fees
- Yard Signs
- Open house flags
- Brochure boxes
- Photographers
- Office Supplies
- Business Cards
- Property Flyers
- Promotional materials
- PO Box rental fees
- Continuing education
Aiello & Associates also has the following additional expenses:
- E&O Business Insurance policy – Mortgage
- E&O Business Insurance policy – Property Management
- Mortgage license – Yearly NMLS fees (Broker - individual license)
- Mortgage license – Yearly NMLS fees (Company - license)
- Mortgage license – Yearly NMLS continuing education fees (Broker)
- Mortgage loan origination software fees
- Electronic document signing fees
Notes:
MLS = multiple listing service
NMLS =
Nationwide Multistate Licensing System / Nationwide Mortgage Licensing System and Registry