Real Estate Agent Partnership Program
Are you a real estate agent looking to expand your services and tap into a growing market of affordable housing? HouseKeys offers three unique ways for agents to partner with us through our Real Estate Agent Partnership (“REAP”) Program and earn commissions while making a difference in their communities.
1. Referral Program: Earn Between $1,000 and $3,000
Real estate agents can earn a spiff by referring qualified buyers into our lottery programs. When your buyer successfully wins a lottery and closes on an affordable home, you’ll earn a bonus between $1,000 and $3,000. This is a perfect way to add value to your existing client base, especially for those seeking affordable homeownership opportunities. Prospective buyers complete this REFERRAL FORM indicating that you are the agent that referred them to the Opportunity Drawing.
Key Benefits:
Simple referral process.
Financial incentive upon lottery success.
Expand your network with affordable housing buyers.
2. Host Agent Program for New Construction Projects
Become a host agent for new affordable housing construction projects. By working directly with developers and representing their properties, you’ll earn commissions for every successful sale. This role allows you to engage with new homebuyers while establishing yourself as a key player in the affordable housing space.
Key Benefits:
Exclusive access to new construction projects.
Earn commission on sales.
Be a go-to agent for affordable home developments.
3. Approved Agent for Deed-Restricted Resales
Homeowners with deed-restricted properties often face challenges when reselling their homes before the term of the restriction expires. As a HouseKeys-approved agent, you will guide these homeowners through the resale process, earning commissions for your expertise and service. This role is critical in ensuring compliance with affordability restrictions while helping sellers transition smoothly.
Key Benefits:
Serve a specialized market segment.
Earn commissions for helping sellers navigate deed restrictions.
Build your reputation in the affordable housing community.
Why Partner with HouseKeys?
Earn additional income while growing your real estate practice.
Access to exclusive affordable housing programs.
Become a part of a mission-driven organization focused on community development and housing accessibility.
Where are we located
HouseKeys is proud to be active in a number of key regions across California, providing affordable housing program administration and services. As our network of partners grows, we continue to expand into new areas. Below is a list of regions where HouseKeys is currently active, based on the locations of participating agencies:
San Francisco Bay Area
Counties: Santa Clara, Alameda, Contra Costa, San Mateo
Agencies: City of Santa Clara, Morgan Hill, Campbell, Burlingame, Milpitas, San Ramon, Hayward, Lafayette, City of Alameda, Contra Costa County, San Bruno, Mountain View, Los Gatos, San Jose, Hercules
Central Coast
Counties: San Benito, Santa Cruz, San Luis Obispo
Agencies: Gilroy, Scotts Valley, San Luis Obispo, Hollister
Greater Los Angeles
Counties: Los Angeles
Agencies: West Hollywood, Beverly Hills
disclaimer
The REAP program is subject to the following terms and conditions:
Program Participation: Participation in this program is contingent on meeting all requirements set by HouseKeys, including but not limited to agent qualifications, training, and compliance with all applicable laws and real estate regulations.
Commission Structure: Commission and referral fees are paid based on successful transactions as defined by HouseKeys program guidelines. The actual commission amount may vary depending on the property and the specific terms of the deal.
Limitations on Earnings: HouseKeys reserves the right to modify or limit commission structures based on program changes, property availability, and other factors. We typically work on fee schedules that cap the maximum amount that we charge on real estate agent transactions.
Legal and Tax Considerations: Agents are responsible for reporting and managing all income and tax liabilities associated with earnings from the HouseKeys program. HouseKeys does not provide tax advice.
Deed Restrictions: The sale or resale of deed-restricted properties must comply with all local and state regulations. HouseKeys-approved agents are required to adhere strictly to deed restriction terms and any changes in legal requirements.
Eligibility and Program Rules: Agent Partners must understand that every buyer must be both eligible for the program and mortgage-qualified to complete the purchase. All buyer selection is subject to the rules of the selection process - which can include a lottery or a first-file-first-serve process.
Program Modifications: HouseKeys reserves the right to modify, suspend, or terminate the program at any time without prior notice.
For more information or clarification regarding the program, please contact HouseKeys directly.