-NOW AVAILABLE- Members now enjoy access to a weekly-updated Education Library!
-NOW AVAILABLE- Members now enjoy access to a weekly-updated Education Library!
The "INI" in INI Realty stands for International, National, and Indigenous (or native).
Yes. In 2020, we shortened our company name from "INI Realty Investments, Inc.", to simply "INI Realty, Inc." with a d/b/a name. So that is (indeed) the same company.
Yes, INI Realty is a family-owned brokerage and has been that way since its start in 2005. Leo (the Broker-Owner) and Marina (the Broker-Manager and Leo's wife) started the business and were later joined by their son, George Arut, as the second Broker-Manager and legal counsel for INI Realty.
Over our 15+ year history, INI Realty has handled a large amount of transactions. We have been, and can continue to, keep our transaction fees low due to our low overhead costs, which we have achieved by managing INI Realty's budget efficiently and responsibly.
As a result, we have not had to go into debt to keep INI Realty operating, even during events such as the 2008 Housing Crisis or the 2020 Covid-19 Pandemic.
It's quite simple: you are allowed to charge a completely optional Admin or Broker fee to your customers (so long as the amount charged is reasonable) and keep 90% of that fee. This way, you are able to cover your transaction fee and be left with more than 100% of your original commission.
For example, you are a Gold Member of INI Realty with a transaction that just closed for a $150,000 property at a 3% commission rate, meaning your gross commission would be $4,500 (which is 3% of $150,000 ). From this amount, INI Realty keeps $185 to cover your transaction fee as a Gold Member, leaving you with $4,315.
Now, let's say you also decided to charge your customer a $249 Admin fee. From this amount, you get to keep $224.10 (which is 90% of $249).
If you add $224.10 back into $4,315, you get a net commission of $4,539.10, which is more than 100% of the $4,500 you would earn originally!
No problem! You are more than welcome to join INI Realty with your team or to form a team once you have joined.
All members of INI Realty receive the personal phone numbers and email addresses of the three Brokers, who they can call, text, or email when needed.
If you are not a current member of INI Realty, however, then you can use our Contact Us page to reach us with your questions.
Under normal circumstances, we are usually able to respond back within 5 to 30 minutes—even on weekends and federal holidays!
For review of NEFAR or FAR/BAR documents, we usually respond within an hour (sometimes less).
Yes! That's right. Members of INI Realty can contact the Brokers even on weekends and federal holidays. The Real Estate industry doesn't just grind to a halt on weekends. In fact, it's often the most productive days of a Realtor's week! So the Brokers make sure they are available to answer your questions or allay your concerns 365-days a year, working every day from 9am until the last member is satisfied.
Our Jacksonville headquarters is open from 9:00am to 4:00pm Monday thru Friday (except on federal holidays). However, even when the office is closed, the Brokers are still available by phone, text, and email after hours. Thus, you always have a means to reach out if you need help or have a question.
YES. Any and all advertisements MUST be approved by INI Realty BEFORE you can use it.
INI Realty has only one rule when it comes to advertising: it MUST COMPLY with all applicable State, Federal, and Administrative rules, regulations, ordinances, and laws. Beyond this, we do not have any preference or restrictions on colors, fonts, shapes, sizes, themes, or any other aspect of your ads.
Yes. We gladly provide our members with our logo to use (under a revocable license) for your business cards, flyers, postcards, website, and other Real Estate advertisements.
At INI Realty, members have three ways they can be paid:
Monthly Dues are billed on the 1st of every month to your credit card, which you provide at the time you sign up with INI Realty.
All payments are processed through Authorize.Net, which provides a secure method of accepting and processing credit card payments nationwide.
Members have three ways to submit documents to us:
These methods are all simple, easy-to-use, and (most importantly) secure methods for document submission. We DO NOT accept e-mail submission of documents due to the increased hack-risk and other security flaws associated with e-mailing.
A Commercial Transaction refers to any transaction involving the purchase, sale, listing, lease, referral, or other transfer/conveyance of non-residentially zoned or partially-commercial zoned real estate. This definition also includes properties with more than 4 units or those that are traditionally considered to be "commercial" in the industry.
Due to their "caveat emptor" nature, as well as the increased legal liability associated with these deals, the commission structure for commercial transactions is as follows:
However, unlike our Residential Programs, these Commercial Programs operate under a "pay-as-you-use" system: you pay the associated monthly membership only in those months that you are actually involved in a commercial transaction.
For example, you are a Gold Member of INI Realty with Level 1 Commercial Membership. You represent a buyer who executes a contract to purchase a commercial building in February that closes in April. Your monthly membership would be:
No problem! Our commercial division--INI Commercial Realty, Inc.--allows you to join us and only do commercial transactions without having to join a Realtor Association or MLS board. Members of INI Commercial Realty enjoy the same Freedom and 365-day Support, so you're never left to fend for yourself.
To view our commercial division's website, please Click Here.
Or feel free to Contact Us if you have any further questions about these programs.
Tenant Placement is a transaction where a Landlord hires you to find a tenant for their residential property, while Property Management refers to an on-going relationship where a Landlord hires you to manage their tenant-occupied property.
Compared to a traditional sale, these transactions involve more nuances that must be observed and legal pitfalls that must be avoided. Therefore, we (as a brokerage) are more involved to ensure everything is done properly in accordance with all applicable laws and regulations.
This increased involvement (and legal liability) requires that we structure the commission structure for these transactions as follows:
They are more nuanced in the steps and procedures taken before, during, and after these transactions are completed. There are certain forms and disclosures that must be signed, certain things that can and cannot be said, and certain tasks that must be completed that you wouldn't necessarily do in a typical residential sale. Getting into all of the details, however, would be difficult in a written F.A.Q. like this (and likely go beyond its scope). Therefore, to find out more, please Contact Us.
No problem! INI Realty's referral division (INI Realty Referral, Inc.) allows you to join us as a Residential Referral member and not have to pay for a Realtor Association or MLS. This means you can still help buyers and sellers by referring them to ANY Realtor in the State of Florida and collect referral commissions for doing so.
Moreover, as a Referral Member, you receive the same level of Support that all other members of INI Realty enjoy. So you are never left to fend for yourself, regardless of what type(s) of transactions you want to conduct.
If you wish to join as a Referral Member, please Click Here and follow the simple, three-step process described there. (NOTE: When we reach out to schedule your Sign-Up Meeting, please make sure to let us know that you wish to join as a Referral Member.)
As a Gold or Platinum Member, the transaction fee for a referral commission is slightly different than for Referral Members:
The idea behind this model is simple: if the transaction fee results in you getting less than $500 for your referral, then we replace it with a 10% cut instead.
We'd like to congratulate you on making this decision for your Real Estate business! Becoming a member of INI Realty is a simple three-step process, which you can find on our Join INI Realty page.
Once there, follow the steps outlined to get started and join the INI Realty family!