REALTOR® Program

Challenger Homes COLA REALTOR® Program

Do you know about Challenger COLA? It's a way you can get paid 1/2 of your commission at Loan Approval!

To show the gratitude we feel for our REALTOR® Partners, we are introducing another way to help you be successful. The Challenger COLA Program allows you to receive your commission fast when you sell a new Challenger Home.

COLA stands for Commission On Loan Approval. You’re going to love how the program works for your benefit.

• Step 1—You register your client with Challenger Homes.
• Step 2—Your client signs a new home contract with Challenger Homes.
• Step 3—Your buyer finalizes color selections and obtains written loan Approval with Seller accepted conditions by a Challenger Homes approved lender. Request a COLA advance by filling out the form on the right.
• Step 4—You receive an advance from Challenger Homes equal to 50% of your commission—that’s what we call Challenger COLA*
• Step 5—You receive the remaining 50% of your commission at closing.

In 2010 Challenger Homes is celebrating our 10th anniversary and we’re committed to building long-term, partnering relationships.

Disclosures: Challenger Homes reserves the right to revise or eliminate the COLA Program without notice. All transactions must comply with the Challenger Homes builder/broker guidelines. Once written loan approval is received by Challenger Homes, the REALTOR® must submit a completed COLA Advance Form to receive the advance, which shall be paid to the employing Broker. If a commission is advanced and the home does not close, the REALTOR® will remain responsible for repayment of the COLA advance. REALTOR®’s who have not repaid COLA advances will not be eligible for future COLA advances and Challenger may deduct the advances from future commissions.

Preferred REALTOR® Bonus Program

As our way of saying “Thank you!” to all of our REALTOR® partners and friends, Challenger Homes would like to offer you an extra bonus* for selling more than one Challenger Home this year. When you do, you will receive an additional $1,000 commission on your second sale and every sale thereafter.

Further, instead of $1,000, Challenger Homes will pay you a special bonus of $5,000 on your 5th closing as an additional expression of our appreciation to you.

But it doesn’t stop there! You will earn a $10,000 REALTOR® bonus when you sell and close a 10th Challenger Home within a calendar year. As always, we look forward to making the purchase of a new Challenger Home a delightful experience for your customer AND you.

*In Addition to your 4% REALTOR® Co-Op!