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What We Are
The Bella Group, LLC is a medium sized real estate brokerage licensed in CT and NY. Bella’s hybrid brokerage model is able to offer its agents the highest commission in the area, and still provide services which reduce out of pocket costs for agents. All this while still providing its agents with the induvial support commonly seen in a small mom & pop or independent agency. Bella is able to operate on such lean margins because it reduces waste and shares its back office expenses with our sister companies.
What we are not
Bella is NOT a discount brokerage. Because Bella is able to offer its agents some of the highest commissions in the industry, some often confuse it with being a discount brokerage. This is the farthest from the truth. A discount brokerage, or often called a flat fee broker, offers its services to clients at a very low price. Bella’s goal is to provide its agents with the highest income and rewards for their services. Therefore, it is against Bella’s policies to allow any of its agents to provide discount services to its clients.
Bella is NOT a virtual brokerage. Bella is also often confused with being a virtual brokerage. The virtual brokerage is one that provides a place for an agent to hold their license in exchange for a fee. Virtual brokers often provide no support services to its agents making them feel alienated and alone. Although Bella offers high commissions to its agents, it also provides the hands on support and focus on the agent’s business that is seen with small independent companies.
Who is a good fit for The Bella Group?
- Someone who is looking to maximize their compensation and minimize their expenses
- Someone who got most of their sales over the last year through personal relationships and referrals
- Someone who is tired of working floor time and attending unproductive office meetings.
- Someone who has learned all they need to from the agent training programs offered from their current brokerage, and wants to leverage their knowledge from that program at a higher commission rate
- Real Estate agents who also work full or part time in another field
- Real Estate Investors
- Managing Brokers of small brokerages who are looking to slow down or retire
Comparative Agent Costs
| Bella | Independent | Franchise | Virtual |
Licensing and MLS | Yes | Yes | Yes | Yes |
Individual marketing and lead generation | Yes | Yes | Yes | Yes |
E & O | No* | Yes * | Yes* | Yes * |
Desk Fee | No | No | Yes | No |
Technology Fee | No | No | Yes | Yes |
Marketing Fee | No | No | Yes | Yes |
Monthly Fee | No | No | Yes | Yes |
Franchise Fee | No | No | Yes | Yes |
Document Storage Fee | No | No | Yes | Yes |
Royalty Fee | No | No | Yes | No |
Monthly Meetings | No | Yes | Yes | No |
*Agents are responsible for E & O deductible if there is a claim. | ||||
Information based off independent market research
Services provided to You by the Agency:
|
Bella |
Independent |
Franchise |
Virtual |
|
|
Support Staff |
Yes |
Yes |
Yes |
No |
|
On Call Broker |
Yes |
Yes |
Yes |
No |
|
Compliance Staff |
Yes |
Yes |
Yes |
No |
|
Electronic Deposit |
Yes |
Sometimes |
Yes |
Yes |
|
Basic marketing materials |
Yes |
Sometimes |
Yes |
No |
|
For Sale Sign install/removal |
Yes |
Yes |
Yes |
No |
|
Name Riders |
Yes |
No |
No |
No |
|
Electronic files |
Yes |
Yes |
Yes |
Yes |
|
E Signature Software |
Yes |
Yes |
Yes |
Yes |
|
CMA Tool |
Yes |
Yes |
Yes |
Yes |
|
Business Cards |
Yes |
Yes |
No |
No |
|
Bonus program |
Yes |
No |
No |
No |