$495 or 10% (whichever is less) Per Transaction Per Side
Plan A is a 100% commission real estate program minus a flat fee of $495 or 10% (whichever is less) plus $135 errors and omissions insurance fee per transaction per representing side for a sales price under one million dollars. Any real estate transaction over $1 million in sales price is considered a non-standard transaction and follows a different commission fee schedule listed below.
Plan A is a fantastic flat fee commission real estate program for agents in San Mateo County, CA because there are no franchise fees, no sign up fees, no monthly fees and you only pay when you close a transaction. With this plan, you receive unlimited real estate broker support and you get your commission check directly from escrow. There are no minimum sales quotas, no long term contracts and every plan comes with a free real estate back office system (CRM) to help manage your clients and your transactions.
The Fine Print
Plan A: The Broker’s standard fee per closed real estate transaction is $495.00 or 10% (whichever is less) and $135.00 Errors & Omissions Insurance. A standard transaction is when the total commission is over $4,950.00 and sales price is less than $1,000,000. The Associate-Licensee may charge their commission split plan every 6 months.
Non-Standard Broker's Fee Per Closed Real Estate Transaction:
When total commission is $4,950 or less: The Broker fee is 10% of the commission.
When sales price is over $1,000,000 (One million): The Broker fee is $495 + $100 for every $100,000 price increment over $1,000,000.
When representing buyer and seller (Dual transaction): The Broker fee is $990 (Nine Hundred Ninety). Plus $200 for every $100,000 price increment over $1,000,000.
Join our San Mateo County, CA real estate company and see how much you save by signing up under our flat fee per transaction 100% commission split program.