Commission Split Plans
Plan A Plan D
$48 per month (includes GAMLS) $28 per month (includes GAMLS)
$300
per transaction 85/15
Commission Split (Agent retains 85%) Residential and Commercial Residential
and Commercial
Plan
B Plan
E
$250
per month (includes GAMLS) $38
per month (includes GAMLS)
$40
per transaction 90/10
Commission Split (Agent retains 90%)
Residential
and Commercial Residential
and Commercial
Plan
C Plan
F /Holding Company (No MLS access)
No Longer Available No monthly fee
No Longer Available No monthly fee
$60
per year (No FMLS nor GAMLS)
80/20
split (Agent retains 80%)
Referrals Only – No Active Real Estate
Referrals Only – No Active Real Estate
All plans have a Non-Guaranteed Annual Cap of $6,000 so you do not over pay the Brokerage. What that means is that out of your portion you pay the Brokerage, you never pay more than $6,000 in a year. If you pay in less than $6,000 to the Brokerage, you DO NOT pay the difference. All successful Residential Sale Closings which are listed in FMLS or are supposed to be listed in FMLS are subject to an FMLS .12% fees which will be taken out of commission checks during disbursement. All fees generated to Broker are subject to splits above with exception of BPO’s. BPO’s are disbursed to agents once per month in their entirety. With our fees amongst the lowest in the industry, there are no exemptions for agent-owned sales or purchases. On smaller fees charged and collected by the agent (under $1,200) the split is 25/75 (agent retains 75%) with 25% going towards cap. If you collect $0.00 in commission on a transaction, your minimum transaction fee to Maximum One is $50 (or $40 if you are on Plan B.)
E&O
Insurance is billed separately. There is
a separate E&O payment selection sheet for how that is handled.
MXGA01
is not a member of a Board of Realtors® therefore no board dues are payable. MXGR01 is a member and dues are mandatory.
Definition
of “TRANSACTION:” Every time a check is
written to Broker and has to be disbursed to a licensee. This includes but is not limited to multiple
payment commissions, retainer fees, lease purchases, flat fee listings,
property management fees, referrals, and residential and commercial payment of
commissions. Retainer fees on the “Buy”
side are only payable at expiration/cancellation of Buyer Brokerage Agreement
or when a deal is terminated or expires unless otherwise expressly provided for
in writing by the client.
I
_____________________________________ hereby select Plan _______ as my
Commission Split with Maximum One Realty Greater Atlanta/Maximum One Greater
Atlanta Realtors®. I am aware that if I change my plan, for a
period of 30 days, any commissions/fees paid will be paid at my previous plan;
my monthly fees will begin according to my new plan on the next agent
bill. Any changes in my Commission Split
plan must be done in writing on this form.
____________________________ ________________________
Associate
Signature Date
