INI Commercial Realty, Inc.
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INI Commercial Realty, Inc.

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Frequently Asked Questions

About Us

What do the letters "INI" in INI Commercial Realty mean?

The "INI" in INI Commercial Realty stands for International, National, and Indigenous (or native). 

What's your relation to INI Realty, Inc., & INI Realty Referral, Inc.?

INI Realty, Inc. is our main division for members who primarily conduct Residential transactions or who conduct both residential and commercial transactions.


INI Realty Referral, Inc., is our referral division for members who only wish to conduct referral business.

Where does INI Commercial Realty fit in the INI family?

INI Commercial Realty is for those agents who wish to only do commercial transactions, all without the need to join any Realtor associations and pay the associated cost(s) of such membership.


If you are willing to join a Realtor association or otherwise have an interest in conducting both residential and commercial transactions, please CLICK HERE to visit our main website.

You're actually a family-owned brokerage? Not corporate?

Yes, we are a family-owned brokerage and has been that way since its inception. Leo (the Broker-Owner) and Marina (a Manager and Leo's wife) started the business and were later joined by their son,  George Arut, as the second Manager and legal counsel. 

Are you debt-free?

Yes, we are.  Over our 15+ year history, the INI family has handled a large amount of  transactions.  We have been, and can continue to, keep overhead costs low by managing our budget efficiently and responsibly.


As a result, we have not had to go into debt to keep operating,  even during events such as the 2008 Housing Crisis or the 2020 Covid-19  Pandemic.

Communication & Office Hours

How can I reach the Broker and the Managers?

All  members receive their personal phone numbers and email  addresses, who they can call, text, or email when  needed.


If you are not a current member of INI Commercial Realty, however, then you can use our Contact Us page to reach us with your questions.

As a member of INI Realty, how long do you take respond if I have a question or issue?

Under normal circumstances, we are usually able to respond back within 5 to 30 minutes—even on weekends and federal holidays! 

Wait, management is available on weekends and federal holidays?

Yes!  That's right. Members of INI Commercial Realty can contact the Broker and the Managers (and their in-house attorney) 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 they 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. 

What are your office hours?

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. 

Advertising

Do I need to obtain approval for any advertisements I use?

YES. Any and all advertisements MUST be approved by INI Commercial Realty BEFORE you can use it.

Do you have any rules or restrictions regarding advertising?

INI Commercial 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. 

Can you provide me with your logo for my advertising?

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. 

Payment of Your Commission

How are members are paid?

With us, members have three ways they can be paid:


  • At Our Office —  You bring the closing docs and commission check to our Jacksonville, FL  headquarters.  So long as all other required documentation was  submitted beforehand, we will cut you your check and exchange it for the  one given to you at the closing, thus allowing you to leave our office  with your commission in hand.
  • Directly at closing — If you submit all required documentation prior to closing, INI Realty  will provide the title company or closing attorney written  authorization to cut your check at the closing table.  You would simply  need to direct the closer to send us any remaining documentation (e.g.,  the ALTA or HUD statement, a survey (if applicable), our check, etc.).
  • ACH Deposit — By providing a voided check, we can directly deposit your commission into your checking account. (NOTE: Our Bank charges us $2.50 per ACH deposit. This cost is passed down to you if you choose this option.)

Monthly Dues & Document Submission

How do you accept payment for Monthly Dues?

Monthly  Dues are billed on the 1st of every month to your credit card, which  you provide at the time you sign up with us. 

Will my credit card information be secure?

All  payments are processed through Authorize.Net, which provides a secure  method of accepting and processing credit card payments nationwide. 

How do I submit documents to you for my transactions?

Members submit documents to us through our in-house Document Upload Portal.  This is a simple, easy-to-use, and (most importantly) secure method 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.

Commercial Transactions

How do you define a "commercial" transaction?

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.

What is your involvement in a transaction (as the management)?

We oversee transactions by providing guidance and support to ensure everything is on the right track and that things go as smoothly as possible.  However, we do not take over your transaction--you will be the one negotiating, talking to people, making calls, etc., etc.  But we do involve ourselves when you need us to make sure everything is done properly and without liability.

Must we use your in-house lawyer for document creation or review?

No. As a member of INI Commercial Realty, you (and your customers) are free to use ANY lawyer or law firm to create any and all legal documents necessary to ensure your transactions go smoothly and protect all parties involved. (In fact, members are free to go with any appraiser, lender, surveyor, closing attorney / title company, and any other service provider(s) our members believe will best serve their transactions.)


However, we do provide you with peace of mind that, if you need it, there is a lawyer on staff who can provide contract creation, contract review, and similar services at a competitive rate that is reasonable in our industry.

What if I want to rebate a portion of my commission? Or to not take a commission at all?

One of the biggest benefits we provide members is the ability to be flexible with their commissions and to leverage our competitive commission programs to their advantage in a transaction.


Therefore, as a general matter, members can provide a rebate or otherwise waive the 80% or 90% portion of their commission (based on the membership level you choose). HOWEVER, you must inform us of this decision AND obtain the Broker-Owner's express written approval of the rebate / waiver.

Residential Transactions

What do I do if I get a "residential" transaction?

Members of INI Commercial Realty cannot engage in any residential transactions except for the referral of such residential business to INI Realty or another duly licensed real estate brokerage.


If you wish to also conduct residential transactions, you will need to CLICK HERE and visit our main website. You will also be required to join a Realtor association (and accompanying MLS board).

Joining INI Commercial Realty

How do I join INI Commercial Realty?

Congratulations! We believe this decision is the best move for your commercial real estate business.


CLICK HERE to go to our "Join Us" page and follow the instructions provided to join as a member of INI Commercial Realty.

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