Step 2 of 3
1. Associate is entitled to 100% of the commission amount paid from all sale transactions.
2. Compliance Fee per client in the amount of $495.00 included Error and Omission Insurance shall be due to Broker paid by client at closing. (In pre-construction sales, due on 1st Commission payment.)
3. Associate is entitled to 90% of all Rental Transaction commissions. No additional fees.
4. Associate is entitled to 90% of all Commercial Transaction commissions. No additional fees.
5. Monthly Membership is $ 99.00 Membership Charged every quarter $297.00 (3 MONTHS)
When affiliate decides to change Commission program and signs a new “Exhibit A “, any and all pending listing or contract in progress will be pay according to original program. Changes will be effective from the date the change is made. All Associates can change Commission Programs one time in a 12 month period.
Subject and pursuant to Broker's LLC Office Policies and Procedures and Independent Contractor's Agreement between Broker's LLC ("Brokerage") and Associate, Associate elects to participate in the following identified Commission Program and agree to be responsible to Broker for all fees associated herein.
All office fees to be deducted from commissions if not paid by/charged to client(s) at closing.
All fees are non-refundable. All Memberships are charged every quarter on the first day of January, April, July, and October.
I authorize Broker's LLC to charge now my credit card for the prorated fees and quarterly for the amount of my monthly fees on the first day of the months mentioned above.
By submitting the application, I agree to accept the terms and conditions of this agreement and this shall serve as my official written signature confirming my knowledge and understanding of the document herein.