Thursday, December 4, 2014

Agent Billing

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.