Once you reach the Broker Fee of $15,000 in the calendar year, you will be receiving 100% of the commission earned!
*Leads, Mentorship, and Risk Management fees are not included in the broker fee cap.
The minimum commission is the broker fees plus the risk management fee. The minimum commission amount may be used to cover Broker fees and expenses in the event the transaction is abandoned or the Broker must complete it.
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BROKER & RISK MANAGEMENT FEE PER CLOSED STANDARD TRANSACTIONS
(Does not apply to Highly Supervised Transactions)
BROKER FEE ON Highly Supervised TRANSACTIONS
RISK MANAGEMENT FEES
Risk Management Fees will apply to all transactions including after the Broker Fee Cap is reached.
REFERRING A CLIENT TO ANOTHER AGENT
LOAN ACTIVITY BROKER FEES
MLO transactions fall under a separate $15,000 Broker Fee Cap for the calendar year.
LEADS - Not applicable toward Broker Fee Cap
By becoming an Associate-Licensee with the REeBroker Group,
you agree to pay all the above fees and charges. The
REeBroker Group reserves the right to change the terms of
the fee agreement for all independent contractors without
notice. All such changes shall be applied immediately and
are fully binding.
|Recruit closes a qualified transaction
It is not applicable when agents work as a team, or when the agent is a party to the subject transaction.
The recruiting bonus will be paid as long as the receiving agent is part of the REeBroker Group
Any risk management claims are subject to Broker's approval.