Thank you for choosing to do business with Sunroom - we appreciate your partnership and business! We keep it simple when it comes to billing. There are only two ways billing can work. The Sunroom billing process is different based on how you submitted the property for market - 'Stay Involved' or 'Take Me Out of the Process'. Read more about the Market Property Options and how they're different here>
For both billing options, we will send invoices around the time of move-in.
Option 1: Billing (When You Stay Involved in the Leasing Process)
In this section, we'll explain how billing works when you choose to stay involved in the process.
Photo: Option you selected when you submitted your property for marketing with Sunroom
This option is most like what you do today. You bill your client based on your commission agreement and after you get paid, you pay Sunroom.
Photo: Flow of payments when you choose the 'Stay Involved' option
When you stay involved, you (the partner) are getting the listing agreement signed with your client (the landlord). You will be responsible for billing your client directly when the lease is signed.
Sunroom will invoice you via email once the lease is signed. You will receive our invoice from Routable to pay securely online, and you can choose which account you'd like to pay from. Payment is Net 30 terms.
Option 2: Billing When You Take Me Out of the Process
In this section, we'll explain how billing works when you choose to be taken out of the process.
Photo: Option you selected when you submitted your property for marketing with Sunroom
This is most like a referral. We bill your client based on your commission agreement and after we get paid, Sunroom pays you.
Photo: Flow of payments when you choose the 'Take Me Out of the Process' option
When you opt to be taken out of the process, Sunroom is responsible for getting the listing agreement signed and communicating with your client (the landlord) directly. This means Sunroom will bill your client directly once the lease is signed. They will receive an invoice via email from Routable to pay securely online.
Then Sunroom will pay you a commission cut online through Routable. You can select which account you'd like us to send the funds - whether that's a personal account or a brokerage payable account. Payment is Net 30 terms.
What Our Price Always Includes
- Sunroom pays out the third party if there’s a buyer side agent involved in the transaction
- Sunroom pays for professional photography and photo editing and other marketing items installed
- Sunroom pays for listing the property on Zillow and any other expenses incurred through marketing the property
Other Pricing Details
Option 1 Pricing
The price we charge ranges from 65-80% of first month's rent, and is dependent on the regional market you're in. Your sales rep and account manager can explain this price to you, and it will be visible to you in your partner portal at the time you submit your property.
Option 2 Pricing
When you market the property, you choose the total commission rate you will charge your client. Part of that commission goes to Sunroom. If you choose to earn commission on top of what Sunroom earns, that will be added to the total we charge your client.
That means you choose how much you (the partner) will earn. The standard commission rate for realtors to lease a property is to charge first month's rent, but some partners like to give discounts or charge different rates.