Fee Schedule

FEE SCHEDULE

BROKER & RISK MANAGEMENT FEE PER CLOSED STANDARD TRANSACTIONS
(Does not apply to Highly Supervised Transactions)

	BROKER FEES	NOTES
When the sales price is < $1 Million	$500.00 or 10% of standard agent commission (whichever is less) + $135.00 risk management fee	Standard agent commission is 3% of the sales price Minimum commission of $2000.00 or 3% (whichever is less) of the sales price, per million, is required. 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.
When the sales price is > $1 Million	$500.00 or 10% of standard agent commission (whichever is less) + risk management fee	An additional $63.50 per $100,000 price increment over $1 Million will be added. This includes risk management fees.
Real Estate Mentorship Program	0.50% of the final sales price	The minimum commission for the Mentorship Program is the broker fee. All broker and risk management fees are included. Note: If mentorship and another broker fee are applicable to a transaction, the higher of the two will apply.

BROKER FEE ON Highly Supervised TRANSACTIONS

	BROKER FEES	NOTES
Listing Associate-Licensee Owned Property (AOP) or Direct Relative Owned Property (DROP) When title is held by: Agent, their company, trust name = AOP Family member = DROP	0.75%* of the sales price	The broker fee is the minimum commission If high risk fees are lower than standard fees the following applies: Agent Owned Property (AOP) or Direct Relative Owned Property (DROP): $500 or 10% (whichever is less) from the standard (3%) agent commission + $335.00 Broker Risk-Management fee per $1M sales price
Dual Agency Transaction Note: Dual agency is when both the buyer and seller are represented by the same agent or two REeBroker Group agents	1.50%* of the sales price	The broker fee is the minimum commission If high risk fees are lower than standard fees the following applies: Dual Agency: $1,000.00 or 10% (whichever is less) from the standard (6%) agent commission + $270.00 Broker Risk-Management fee per $1M sales price
When Dual Agency and AOP/DROP occur in the same transaction	2.00%* of the sales price	The broker fee is the minimum commission If high risk fees are lower than standard fees the following applies: Dual Agency AOP/DROP: $1,000.00 or 10% (whichever is less) from the standard (6%) agent commission + $470.00 Broker Risk-Management fee per $1M sales price
Other Highly Supervised Transactions Transactions deemed Highly Supervised by the broker and/or Risk Management	Based upon individual transaction risk	Broker reserves the right to not proceed with a transaction or charge an appropriate fee
Highly Supervised Transactions and Mentorship Program are applicable in the same transaction	Whichever is greater	Only the higher of the two fees will apply as long as all broker and DRE protocols and procedures are followed and no major issues arise.

RENT/LEASE

NOTE: Associate-Licensee is not permitted to conduct Property Management Services for the Public
	BROKER FEES	NOTES
If an Associate-Licensee rents/leases their own property(agent's name on title).	None	Agents must enter/report their rental property addresses via the My Info link on their agent homepage.
If an Associate-Licensee rents/leases clients' property	10.00% of the rental commission	$50 minimum (whichever is higher). Fees also apply to transactions for relatives/friends and even when the commission is waived. If the commission is waived by the agent, the fee is calculated as 10% of one month's rent.

REFERRING A CLIENT TO ANOTHER AGENT

	BROKER FEES	NOTES
For referring client(s) to another Associate-Licensee within the REeBroker Group	None	Associate-Licensee receives 100% of the referral.
For referring client(s) to an outside Broker/Agent (not within the REeBroker Group)	10.00% of the referral commission	$75 minimum. Associate-Licensee receives 90% of the referral (whichever is greater).

LEADS

	BROKER FEES	NOTES
For Real Estate Transactions	30% of Commission	This includes residential and commercial leads Minimum is $635.00
For MLO/Loan Transactions	0.15% of Loan Amount	This is in addition to the regular Loan Transaction Broker Fee.

LOAN ACTIVITY BROKER FEES

	BROKER FEES	NOTES
NMLS Certification	$35	This is only applicable if you are moving from another mortgage brokerage. If you have just received your NMLS license this fee will not be applicable.
Mortgage Loan Origination *Associate-Licensee must have NMLS license	25% out of Loan Origination Compensation	Minimum broker fee is $1,000 or 0.25% of Loan Amount (whichever is greater) Lender Paid Compensation is currently set at 2% of the loan amount with most lenders but may vary on lender and/or individual loan. Broker Fees are the same for Lender Paid Compensation and Borrower Paid Compensation Note: Credits may be given with borrower paid compensation only.
Loan Processing Mentoring Fee	0.15% of Loan Amount	This is in addition to the regular Loan Transaction Broker Fee.

OTHER BROKER FEES

	BROKER FEES	NOTES
Broker Price Opinion (BPO) payment processing fee	$25.00	Processing fee is charged per check issued by the REeBroker Group.

BONUS FOR RECRUITING

	BROKER PAYMENT	NOTES
Recruit closes a qualified transaction	$100	Qualified transactions consist of sales transactions where a broker fee of at least $635 is paid. It is not applicable when recruiting a spouse, agents working as a team, or when the agent is a party to the subject transaction. The recruiting bonus will be paid for 24 months from the day the recruited agent joins the REeBroker Group.

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.

*Risk Management and Supplemental Insurance is included. Claims are subject to Broker's approval.