Commission Structure*

Commissions

The agent earns a commission based on a percentage of the sale price.
For example, with a 3% commission rate, the agent would earn $12,000 (3% of $400,000) on a $400,000 sale.

Fees

Each transaction carries two fees:

1. Percentage-based fee: 0.4% (0.004) of the purchase price.

   • On a $400,000 sale, this equals $1,600 (0.004 × $400,000).

2. Transaction fee: $399, paid to the broker.

So, from the $12,000 commission, the agent would deduct $1,600 + $399 = $1,999 in fees.
That leaves a net take-home of $10,001 ($12,000 – $1,999).

High-Value Leads

If the company provides the lead, the commission is split 50/50.

• For the $400,000 sale, the agent’s share would be $6,000 (50% of $12,000).

• Fees would still apply proportionally depending on the agreement.