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The best brokerage for a leasing agent in Austin is one that does not charge a fee every time a lease closes. Vince Young Realty is built that way: no transaction fees on leases or sales, a 90/10 commission split, and one flat $250 monthly fee.
Leasing is a volume business. A sales agent might close 8 deals a year. A busy leasing agent can close 30 or more. Any fee charged per file gets multiplied by that count, which is why the fee structure matters more to you than to almost anyone else in the office.
The split also stays the same on both sides of your business. A lease commission and a sale commission are both paid out at 90/10, so you never have to track which deals carry which terms or wonder whether a small lease will be worth the paperwork.
Lease commissions are smaller than sale commissions, so a fixed fee takes a bigger bite. Take a hypothetical tenant-side lease commission of $1,200 (commissions are negotiable in Texas; this is an illustration only).
Same fee, twelve and a half times the impact. At Vince Young Realty that line is simply zero on both deals. See how we treat lease files in detail on our no-fees-on-leases page.
Fees also shape behavior. When every lease carries a charge, agents start turning down small rentals or referring them away. Those small rentals are often the start of a longer client relationship, so a fee that discourages them costs more than the fee itself.
Assume 20 leases in a year at a hypothetical $1,200 commission each: $24,000 gross.
The gap widens as lease count rises, because our cost stays at $3,000 a year no matter how many leases you close. At 40 leases the same math gives you $43,200 minus $3,000, or $40,200.
Leasing clients move fast and shop many listings at once. What helps:
None of these carry an extra line item at Vince Young Realty. Ask us for the complete fee schedule before you decide.
Most residential leases in Austin run around 12 months, so every tenant you place creates a natural check-in about a year later. Some renew. Some move. Some decide to buy.
A CRM that remembers every tenant and a follow-up assistant that reminds you at month 10 turns a lease book into a future sales book. When one of those clients buys a hypothetical $400,000 home at a 2.5% buyer-side commission, that is $10,000 gross, and at 90/10 you keep $9,000 with no transaction fee taken out.
Owners are part of the same pipeline. A landlord who hires you to place a tenant may later ask you to list the property or buy another one. Keep owners in the CRM too, with notes on each lease end date, so the conversation starts before they call another agent.
Bring your last 12 months of closed leases and we will run your numbers side by side with your current brokerage. Call (512) 785-7489 or fill out the form on our join page.
If you mostly lease today and want to add sales over the next year, tell us that too. The terms are the same either way: 90/10, $250 a month, no transaction fees.
A leasing-friendly brokerage keeps its costs flat instead of charging per file, because leasing agents close many deals at smaller commissions. Look for no transaction fees on leases, a split that stays the same on leases and sales, and tools that handle high lead volume, such as saved-search alerts and a CRM with automated follow-up. Vince Young Realty fits that description: no transaction fees on leases or sales, a 90/10 split, and a flat $250 monthly fee.
The brokerage fee is a flat $250 per month, which is $3,000 per year. There are no transaction fees on leases or sales, and the commission split is 90/10, so you keep 90% of each commission. Separate costs such as your own license renewal, association dues and MLS dues are paid according to those organizations' schedules. Ask us for the complete fee schedule on a call so you can compare every line against your current brokerage.
It depends on your volume. Using a hypothetical $300 per-transaction fee, a flat $250 monthly fee ($3,000 a year) costs the same as 10 transactions. Close more than 10 deals a year and a per-deal model costs more in fees alone. Most full-time leasing agents clear that number, which is why a flat fee usually favors them. Run your own count, and remember that split percentages matter too, not just the fee.
It can be. A 100% commission model usually pays for itself through per-transaction fees, and those fees weigh heavily on small lease checks. On a hypothetical $1,200 lease commission, 90/10 leaves you $1,080. A 100% model with a hypothetical $300 fee leaves you $900. The 90/10 model wins on that deal by $180. Compare total annual cost at your real volume. Our <a href='/join-us/is-a-90-10-split-better-than-100-percent-commission'>90/10 vs 100% page</a> walks through more cases.
Typically you talk with us, review and sign our independent contractor agreement, then request the sponsorship change through the Texas Real Estate Commission's online system, and update your MLS and association records. Check trec.texas.gov for the current process. Leases already in progress under your current broker are governed by the existing agreements, so work those out with your current broker before you switch. We can talk through timing on a call.
Comparing splits and ignoring per-transaction fees. A brokerage can advertise a generous split and still take a fixed fee on every file, and on a $1,000 or $1,200 lease commission that fee can take a quarter of the check. Another mistake is not asking whether lease deals follow the same fee rules as sales. At Vince Young Realty they do: no transaction fees on either. Always ask any brokerage for its full fee schedule in writing.
Austin has an active lease market across Travis, Williamson and Hays counties, and lease listings are posted in the ACTRIS MLS, which Austin Board of REALTORS members use. Prices on lease listings are monthly rents, so read them differently from sale prices. Demand tends to rise in late spring and summer, which is when fast follow-up and automated listing alerts pay off most. Commission practices on leases vary by listing, so read each listing's terms carefully.
Take 30 leases at a hypothetical $1,100 commission each. Gross is 30 x $1,100 = $33,000. At 90/10 you keep 90%, which is $29,700. Subtract the flat brokerage fee of $250 x 12 = $3,000, and your take-home before your own expenses is $26,700. There is no per-lease transaction fee to subtract. Commission amounts are negotiable in Texas, so plug in your own averages.
Yes, and that is one of the best reasons to track them carefully. A tenant who signs a 12-month lease will face a renew-or-move decision about a year later, and some of those clients will be ready to buy. Keeping them in a CRM with follow-up reminders and saved-search alerts keeps you in touch. Vince Young Realty includes an AI CRM, an assistant named Grant that drafts follow-up, and automated saved-search alerts.
Because the terms favor volume: no transaction fees on leases or sales, a 90/10 split, and a flat $250 monthly fee. You also get free yard signs, listing print, your own custom website with IDX search and lead capture, a mobile app for you and your clients, and the AGNT AI CRM with the Grant assistant. The next step is a short call at (512) 785-7489, or <a href='/join-us#join-form'>apply on our join page</a>.
90/10 split, $250 a month, no transaction fees on sales or leases. Nothing goes to your current brokerage.