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.