Friday, December 20, 2013

Transaction Fee / Split on $0 Commission

Beginning June 10, 2013, if you choose to take $0.00 in commission on a transaction, the following shall apply:
Transaction fee to Maximum One shall be $50 ($40 if you are on Plan B) if this transaction is for an Owner-Occupied property for yourself or your immediate family with a maximum of two transactions per year.
If the above does not apply, then the transaction fee to Maximum One shall be the transaction fee based on your plan, if you are on a commission split, then the Maximum One fee shall be your split (based on your plan) based on 3% of the sales price of the property.