ABOUT CAPITAL REALTY AGENTS   SELLERS    BUYERS    MORTGAGE History Capital Realty's Chief Executive Officer, Duane Fluegge was born and raised in North San Diego County and his family is well known and highly reputed. In the early 90s, Duane graduated from San Diego State University with honors in Accounting and afterwards embarked on a year's furlough in Ecuador volunteering with World Vision in restructuring its Economic Redevelopment Program. Upon returning home, he became a partner in his family's production and distributing company which entailed combing every nook and cranny of San Diego County and South Riverside and Orange Counties establishing customers. Seeing the huge potential in real estate at that time, he became a real estate broker and began working as a broker associate for Coldwell Banker. Duane noticed many descrepancies within the real estate industry. Agents were forced to pay large initiation fees, prepaid E&O insurance dues, and annual fees to hang their licenses, all of which seemed contradictory to logic. Agents were claiming to be self employed, but were obligated to obey certain rules, dress a certain way, attend certain functions, sit the "updesk", etc. And when Duane wanted to farm a certain area where he lived, he was told he couldn't because another top producing agent already worked that area. In addition he found that agents were forbidden from offering low fees to clients, which Duane felt limited agents' competitiveness and potential to obtain business. Most of all, Duane Fluegge was taken aback by the high percentage of the commissions that the brokerage took from its agents and all the monthly/quarterly/annual fees that they charged their agents. (A 7% franchise fee??!! What was that about?) It seemed that agents were blindly paying for giving up loads of commission for the some sort of security of having a desk, phone, conference room and a social circle which actually deterred them from being productive, while at the same time promoting the brokerage's brand and logo and being forced to conform to lots of corporate rules and paperwork on top of it all. Having an independent and entrepreneurial spirit, Duane Fluegge eventually founded a brokerage offering real estate agents a larger chunk of commission and more freedom. The concept at Capital Realty is very simple. Low overhead = more commissions to you. We charge no initiation fees, no annual, quarterly, or monthly fees, no prepaid fees, and have no quota. Our agents pay E&O insurance per transaction, not in a huge chunk at the beginning of the year. We don't gouge our agents for large portions of their commissions. Instead, every agent keeps at least 90% of his/her commissions. Our agents, in turn, are able to offer clients lower commissions if needed and still earn more for themselves. In this declining market, agents are finding that Capital Realty's business model really works! Here at Capital Realty, everybody wins! We are a growing company based in San Diego County. Our mission is to rank first in service to our agents and clients, rather than to rank first in size. We strive to be creative and flexible on a personal level. At Capital Realty, we are the superior model of the future for buying and selling real estate. Since starting Capital Realty almost ten years ago, Duane Fluegge has emersed himself further into the real estate industry, growing Capital Realty and becoming a direct lender and originator of loans. He also is a general contractor involved in several development projects in San Diego County, including one currently in Rancho Santa Fe. He continues to oversee Capital Realty and looks forward to answering any questions you may have about our business model. Please browse our site and get to know more about us and how we operate. We're sure you'll be glad you did! Agent's Testimonial "...Well, I originally got my real estate license years ago to save money on buying and selling my own properties. I've known Duane Fluegge a long time and have done development projects with him, so naturally I joined Capital Realty with its higher commission splits. Plus, Duane is one of the most honest and ethical guys that I know, and he is super knowledgeable and creative when it comes to real estate transactions, but he keeps things simple." says Gary Groenenberg. "At Capital Realty, I'm realizing my potential and making more while having more freedom, and now I'm even helping Duane with the business since I've been involved in different aspects of real estate for a long time (my specialty's owning and developing storage units). Capital Realty's just got great fundamentals. Lower cost=more profit for me. I'm self employed, why not reap the benefits?" Gary Groenenberg of Capital Realty           Duane Fluegge, Managing Broker & Gary Groenenberg, Assistant Manager TM