I want to do a personal deal. Does it qualify as a personal transaction?

Personal Deals at simpliHŌM are allowed under specific conditions:

• Limit: You’re granted one personal real estate transaction per year.

• Eligibility: Before using a personal deal, you must have completed at least three closings where you earned a market-typical commission.

• What qualifies:

  • The transaction must be for your own personal residence, or

  • The personal residence of an immediate family member.

Purchases of the following do not qualify as personal deals:

• Rental properties

• Short-term rentals (STRs)

• Flips

• Other investment properties

These are treated as investment transactions, not personal deals.

How investments work with your cap:

• If you have already capped for the year:
   You are free to purchase investment properties without collecting a commission on those deals.

• If you have not yet capped for the year:
   These investment purchases are treated as non-qualified personal transactions and are subject to the terms outlined in simpliHŌM’s Policies & Procedures.

If you’re unsure whether your situation qualifies as a personal deal or a non-qualified personal transaction, please email support@simplihom.com before moving forward.