Fee and Commission Split Agreement

Initiation and Setup:

Option A

$30
Non Refundable
Includes Email, Fax, 500 Biz Cards, Door Access Card (replacement each @ $25USD)
100% Gross Commission for own leads

Initial:__________

Option B
(Newly Licensed Agent)

80-20% Gross Commission for own leads until 3 closed transactions

100% Gross commission thereafter.
Initial:__________

Agent E&O:
Admin fee/txn:
Compliance fee/txn:

$0 ($99 E&O/yr or prorated if 0 closed transactions each 1 year)

$395
$99 (Waived if in-house escrow is used)

Included for
All Options:

Initial:__________

1 GB stanfordrafflesrealty.com email (which can be forwarded to agent email)

Fax to email FAX NUMBER PROVIDED or agent can provide one
500 Biz Cards startup, additional 250@$15 250 extra cards FREE/closed transaction^
24/7 Use of premium office conference room, shared PC, internet and printing^^
Broker leads will be additional 30% Gross commission from all Options.
Volunteer Mentors will get 10% Gross commission from broker portion
All leases/referrals are 80/20% split
Referral Commissions from other brokerages are 80/20% split
Double ending both sides of a transaction is treated as 2 transactions.
Door Access Card is to be returned when separating otherwise $25 for card.
st
Any referring agents will get paid $50 from referred agents closing forever (excludes 1 txn promotions)
Transaction Coordinator is provided FREE and is OPTIONAL.

^Agents CANNOT use their own biz cards or sign template. All biz cards must be obtained from brokerage. Recommend signs
to be ordered from Deesignca.com, templates in Intranet. Other agent marketing materials must use our corporate logo and
include a non- solicitation disclaimer statement. No generic signs are to be used. This is our Corporate Identity rule.
________________ Initial
^^Office Conference Room, Shared PC, Internet and Printing are for official business only. This is the Reasonable Use rule.
____________________Initial
Sales Associate agrees to abide by and be bound by the Terms and Conditions of Stanford Raffles Realty, Inc Policy and
Procedure manual and other policies available in the Intranet. ________________ Initial
Car Insurance:
NAR/CAR:

Agent to provide proof of automobile insurance (Recommend 100/300/100)

Agent to join an Association for Realtor for ZIPForms access, SUPRA and MLS.
We recommend BHGLAAR/OCAR/SDAR and CLAW if you are in Los Angeles/OC/SD.

You are not obligated to be a member of any association to do business as a real estate agent. You only need to have a valid
DRE license and be associated with a Broker. However, in view of new NAR rules, you cannot just join the MLS and not join an
Association as SRR is a Realtor Broker. So either join both MLS and Realtor Association, OR not join any.
_____________________
Sales Associate Signature

Print Name

Date

_____________________
Broker Signature

Print Name

Date