Step 2 of 3
Mentorship Program. Fees:
Subject and pursuant to Broker's Office Polices and Procedures and Independent Contractor's Agreement between Broker's LLC ("Brokerage") and Associate, Associate elects to participate in the following identified Commission Program and agree to be responsible to Broker for all fees associated herein:
1. First 4 transactions under Broker’s LLC are under 70/30 split. 70% Associate / 30% Office
2. Compliance Fee per client in the amount of $495 included Error and Omissions Insurance shall be due to Broker paid by client at closing for all sale transactions. (In pre-construction sales, due on 1st Commission payment.)
3. Associate is entitled to 70% of all Rental Transaction commissions. No additional fees.
4. Associate is entitled to 70% of all Commercial Transaction commissions. No additional fees.
5. Mentor will provide guidance and Real Estate Training.
6. Associate has option to jump to the 100% Programs after completing a total of 4 transactions, of which at least 2 must be sales.
By submitting the application, I agree to accept the terms and conditions of this agreement and this shall serve as my official written signature confirming my knowledge and understanding of the document herein.