Agent
Billing
Timing of Agent Bills
Agent Bills are issued on our about the 10th of
each month; they are due on the 20th of each month; they are late
after 5pm on the 1st of each month.
Agent bills are sent out for the upcoming month – so a bill you receive
in January is for the month of February
Payment of Agent Bills
You may pay your monthly bill by check or Credit Card. There is a nominal processing fee for paying
by card. A Late Fee of $75 will be added
to your monthly bill if the funds are not received prior to 5pm on the 1st
of the month. Paying your monthly bill
with a deduction from your commission is not an acceptable method to pay your
monthly fee.
Outstanding Balance
If you have an outstanding balance on your Agent Bill and
you have a closing, Maximum One will deduct your outstanding balance amount and
any additional late fees from your commission check.
Monthly Bills Accrue Despite Your Transactions
You still owe Maximum One your monthly fee regardless of the
amount of real estate you sell or lease.
This is a monthly obligation despite your business.
Exiting from MX1
If you choose to leave Maximum One between the 1st
– 19th you will not be responsible for the monthly bill you will have just received
on the 10th . If you leave between the 20th – 31st,
you are responsible for the monthly bill you have just received on the 10th
. If you leave Maximum One and have an
outstanding balance, you are responsible for that payment regardless of your
Brokerage affiliation.