Friday, December 20, 2013

Fees with MX1 In-House Transactions

Maximum One encourages agents to close transactions “in house.”  Therefore, there is an incentive regarding the MX1 transaction fees.  The exception is if the Listing Side commission & the Selling Side Commission are between Maximum One Agents but in different companies (i.e. MXGA and MXGR and MXEX and MXER) In this situation, each agent must pay 100% of the FMLS fee due to being in two separate companies.  See table below for a better understanding.