10 months ago

RECRUIT- Associates 2017_Steve Fogarty

Agent Commission Program

Agent Commission Program Our commission programs can be modified at any time. There are no long term commission contracts. We do ask, for ease of bookkeeping, that any changes be made at the end of a quarter with 30 days notice. Contracts that are pending at time of change will close under commission program in place at time of contract. SPLIT PROGRAM 70% Split (Non-qualifying) $105 per month with $13,900 commission cap. 80% Split (Qualifying program*) $105 per month with a $13,900 commission cap. *Must have eight(8) closings per year or generate $59,000 GCI (Gross Commission Income) 100% PROGRAM Flat Fee $910 per month Total $10,860 per year Transaction System - Breaks up fees $335 monthly fee $360 per transaction for a minimum of 12 transactions*/maximum 22 transactions Total minimum $8,340/Total maximum $11,940 per year inclusive of all fees Licensed Assistant - $185 monthly fee MISCELLANEOUS Secretary incentive of $10 will be deducted from every commission check written. Business tax (Fee set by TN Dept. of Revenue) deducted from every commission check. ALL PROGRAMS ALLOW AGENTS ACCESS TO THE FOLLOWING EXCLUSIVE SERVICES • 35 year legacy - three decades of #1 status in the Knoxville MLS • Seasoned broker available 7 days per week • Complimentary use of company owned offices (5 locations) • Full service staff to input listings, set up showings, process closings • Phones answered 24/7 • Local, private fax number straight to your email • Commissions paid within 24 hours (if file is complete) • Access to in-house companies: Southeast Title, Movement Mortgage, It’s All about Marketing, Southeast Property Services, REA Property Management, Realty Executive Relocation • HMS Home Warranty coverage on all residential listings • Two pronged training system: Liason/Mentor Program & David Knox online training • 50/50 in-house commission splits for all REA agents when you sell most REA listings • Virtual Office Power: DotLoop, Lone Wolf, Fax to Email, RE International, Mobility App

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