Real Estate Broker Commission Plans
Flat Fee & 90% Commission Split
Plan A
Transaction Fee/Closing Side on the first 12 sales
+ $100 errors & ommissions insurance fee per side
Tier 2
Flat Fee/Transaction Side After 12 sales
+ $55 errors & omissions insurance fee per side
- No Franchise Fees
- No CAP, 100% Commission from the day one.
- 90%/10% split for leases
- 90%/10% split for referrals
- Technology Package Required
Plan A - $495 or 10% (whichever is less) Commission Plan
Flat Fee Per Transaction Per Side
Plan A is a 100% commission real estate program from the day you join minus a flat fee of $495 or 10% (whichever is less) plus $100 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 there is an additional fee of 0.1% for anything over $1,000,000 in sales price. (For example, Associate-Licensee would pay an additional $10 for every $10,000 in sales price over $1 Million). The best part is, you don't need to reach a CAP to get 100% commission on Plan A.
Plan A is a fantastic flat fee commission real estate program for agents because there are no franchise fees, no sign up fees, no initial activation fee, the full technology package is optional 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 at closing once you have a complete file with all documention for your transaction uploaded online. There are no minimum sales quotas, no long term contracts and every plan comes with a real estate back office system to help manage your clients and your transactions.
For agents and real estate brokers that close many deals per month, Tier 2 allows the brokerage fee to drop from $495 to $295 after closing your first 12 sales annually.
Plan D
Split to Agent
10% Brokerage Fee
+ $100 errors & ommissions insurance fee per side
- No Monthly Fees
- No Franchise Fees
- No Sales Price Limit
- Technology Package Optional
Plan D - 90% Commission Split Real Estate Program
Plan D is a 90% commission split program to the agent minus $100 errors and omissions insurance per transaction per side. 10% of the total commission goes to the real estate brokerage and there is no limit on the amount of real estate transactions you can do.
Plan D is the simplest 90% real estate commission split program we have for agents and real estate brokers. There are no sign up fees, no monthly fees, no annual fees, a technology package is optional and no sales price limit because Plan D is a percentage based on the total commission amount earned. With this program, you have unlimited real estate broker support and you get paid directly from escrow at closing once you have a complete file with all documention for your transaction uploaded online. There are no minimum sales quotas, no long term contracts, no franchise fees and every plan comes with a real estate back office system that is state of the art.
Real Estate Technology Packages
IDX Website, CRM, Marketing, Automation, Accounting & Transaction Management Software
Plan A requires a technology package and with Plan D, the technology package is completely optional. Scale your business and your team with tools designed specifically to deliver high value and attract more clients. The industry’s most sought after online real estate software platforms for top performing agents, and teams will supercharge independent lead generation and closed sales. Features like database privacy, robust customization, intelligent automation, pre-designed marketing templates, email campaigns, transaction tracking and more get both agents and teams excited to grow their business. kvCORE’s Smart CRM serves as a powerhouse virtual assistant, surfacing the hottest opportunities and automating day-to-day tasks so you can focus on what you do best, building relationships. Improve productivity with lead validation and scoring, automated task plans and a mobile dialer prompting daily calls to warm contacts. Ensure maximum lead conversion with built-in accountability rules, sophisticated lead routing and automated lead follow up. Learn More
Full Tech
Grow & Automate Your Business
OR
Transaction management, forms, files & digital signatures
Company Headquarters, Agent Resources & Communication Hub
CORE
IDX Website
Customizable websites with real-time IDX home search, rich community pages, home valuation pages, and more to maximize lead capture.
CORE
CRM
Keep in touch with your prospects using Al-driven lead validation and scoring, as well as automated follow-up via email, text, and phone.
CORE
Present
Win the listing, win the offer, and wow clients every time.
CORE
ListingMachine
Promote your listings, the easy way
CORE
BackOffice
Back Office, made easy
CORE
Social
Automated Social media marketing gives you more leads. Effective farming without lifting a finger? Yes, please.
Tech Lite
Run Your Business
OR
Transaction management, forms, files & digital signatures
Company Headquarters, Agent Resources & Communication Hub
Get your customizable
Real Estate IDX Website
TODAY!
Premier Team Leaders & Team Member Packages
Build your team and earn residual income
Premier's Team Plan is designed to help you build and grow a successful team. A team leader pays $595 (this includes e & o insurance) from their side of the transaction until reaching a maximum of 12 sales. Team members pay $595 (e & o insurance included) from their side of the transaction until reaching a maximum of 6 sales. After the brokerage limit is reached, transactions are only $350, charged only to the team member. The team leader will only pay a $350 transaction fee after they reach the brokerage limit if they are the ONLY person on the sale. Referrals and leases are a 10% broker fee and leases and referrals don't count towards the transaction limit. You can have an unlimited amount of members on your team.
Team Leader
Transaction fee on the first 12 sales
Tier 2
Transaction fee after 12 sales
- No Franchise Fee
- 90/10% for leases
- 90/10% for referrals
- Tech Package Required
Member
Transaction fee on the first 6 sales
Tier 2
Transaction fee after 6 sales reached
- No Franchise Fee
- 90/10% split for leases
- 90/10% split for referrals
- Tech Package Required
Premier Family Plan
Transaction fee/side on the first 12 sales
Combined Tier
Transaction fee/side after 12 sales
- Maximum 2 Family Members
- 90/10% for leases
- 90/10% for referrals
- Tech Package required
Premier Family Plan
Work With Your Spouse or Family Member
Premier's Family Plan is designed to help households in the same family save money. Spouses or a family member can combine sales to reach Tier 2 the brokerage transaction limit faster. The maximum number of people who can be on the family plan is 2. A family member pays $595 from their side of the transaction until reaching a maximum of 12 sales, then after that the fee drops down to $350 per sale (with e & o insurance included). Referrals and leases are a 10% broker fee and leases and referrals do not count towards the transaction limit.
Combined Efforts with Premier's Family Plan
Work together and acheive more. We treat family members as one unit when it comes to transactions fees and Tier 2.
Commission Plan Comparison
Including Traditional Brokerages
We make it easy to compare our commission plans, brokerage commission fees and their features. Take a look at traditional brokerages and you will see why we offer the best value. Join Premier today!
|
Plan A
$ 495 flat fee per transaction/ side
|
Plan D
90 % Split to agent
|
Traditional Brokarages
Other Brokerages
|
|
|---|---|---|---|
| Fee per Transaction | $495 per closing side | 10% of total commission | 30% of commission |
| Errors & Omissions Insurance | $100 per closing side | $100 per closing side | Annual Fee + $ per closing side |
| Price Limit | Up to $1 Million | None | None |
| Over $1M in Sales Price | +0.1% per closing side (Ex. $10/$10K) | -- | -- |
| E & O Insurance Over $1M in Sales Price | + $20 E & O insurance/ $100K | + $20 E & O insurance/ $100K | Varies |
| Transaction Limit | Unlimited | Unlimited | Unlimited |
| Broker Support | Unlimited | Unlimited | Varies |
| Minimum Sales Quotas | None | None | Yes |
| Franchise Fee | None | None | 6% |
| Annual Fees | None | None | $600 |
| Transaction Coordinator | (Optional) | (Optional) | Required |
| Lease fee | 10% | 10% | 30% |
| Referral Fee/ New Construction | 10% | 10% | 30% |
| Agent Owned Fee (Selling Own Property) | $845.00 under $1M | $845.00 under $1M | $1,500.00 under $1M |
| Commercial/ Business E & O Fee | $350.00 + $35/$100K over $1M | $350.00 + $35/$100K over $1M | 350.00 |
| Techonology Fee | Full Tech or Tech Lite Required | (Optional) | $85 - $225/month |
| Tier 2 Begins (Fee Decreases After) | 12 transactions | -- | -- |
| Tier 2 Tranaction Fee | $295 per closing side | -- | -- |
| Tier 2 E & O Insurance Fee | $55 per closing side | -- | -- |
| Tier 2 Max Amount to Broker | $7,140.00 to brokerage | -- | -- |
| Team Program | Varies | ||
| Commission Paid from Escrow | Varies | ||
| Real Estate IDX Website | (Optional) | (Optional) | |
| Smart AI CRM | (Optional) | (Optional) | |
| Transaction Management | |||
| Online Training | -- | ||
| Learn More | Learn More | ||
| Sign Up Now! | Sign Up Now! |
The Fine Print - A List of Any Additional Fees
No Monthly or Annual Fees
Premier Agent Network does not have any monthly or annual fees for being an associate with the company.
Technology Fee
A techology package is required for Plan A. With Plan A, you can choose between Full Tech and Tech Lite depending on your real estate activity level and digital marketing stragegy. Plan D does not require a technology package and can be added on later. See Technology Package for pricing and details.
Initial Activation Fee
None.
Residential, Commercial & Business Sales
Under Plan A agent receives 100% commission minus a flat fee of $495 or 10% (whichever is less) when the sales price is under one million dollars for the first 12 transactions. This adds up to $7,140.00 annually to the brokerage to reach Tier 2, then pay $295 per transaction thereafter.
Plan D is a 90% commission split and a 10% brokerage fee. There is no price limit and a technology package is optional.
Sales Over $1 Million in Price
For Plan A, any real estate transaction over $1 million in sales price is considered a non-standard transaction and there is an additional fee of 0.1% for anything over $1,000,000 in sales price. (For example, this is equivalent to an additional $10 for every $10,000 in sales price over $1 Million).
Errors & Omissions Insurance
The risk-management fee is $100.00 per transaction per side plus $20.00 for every $100,000 sales price increment over $1,000,000. This includes a husband and wife or a team member who are each representing a different side in the same transaction.
Commercial/ Business E & O Insurance
When transactions are commercial, income property or business opportunities, the risk-management fee is $350.00 per transaction per side plus $35 for every $100,000 price increment over $1,000,000 in sales price. This fee may vary or adjust according to the risk.
Tier 2 Program
Under Plan A, when an agent reaches 12 transactions annually and adds up to $7,140.00 to the brokerage, then the Broker fee drops to $295 per transaction thereafter. The risk-management fee drops to $55.00 per transaction per side plus $20.00 for every $100,000 sales price increment over $1,000,000. Agents earn more when they do more sales.
Referrals and Leases
Agents will be charged a 10% broker fee of the total commission received for a referral or a lease. No errors & omissions is charged on referrals and leases. Newly built new construction homes and buildings are considered referrals where you make an introduction and do not represent the buyer in the purchase. Referrals are known as incoming commission that have closed a transaction from other agents or brokerages outside of Premier Agent Network. Referrals and leases do not count towards the annual Tier 2 program.
Agent Owned (Selling Personal Real Estate)
When selling an Agent owned real property: (Including Agent owned property by a Limited Liability Company, Corporation or Partnership), the Broker fee is $495 plus an additional 0.01% for anything over $1,000,000 in sales price. Plus $350 for errors and omissions insurance and $35 for every $100,000 price increment over $1,000,000. Agent's are prohibited from representing both sides of the transaction if Associate-Licensee’s has any ownership interest in the property. Premier Agent Network encourages agents to hire another Premier agent to handle the other side of the transaction for their property to promote compliance and added protection against possible lawsuits.
Representing Both Sides of a Transaction
When working with the buyer and seller on both sides of the transaction (transaction broker), the Broker fee is charged on each side of the transaction plus an additional 0.2% for anything over $1,000,000 in sales price. (For example, Agent would pay an additional $20 for every $10,000 in sales price over $1 Million). The risk-management fee is $200.00 plus $40.00 for every $100,000 sales price increment over $1,000,000. This includes a husband and wife or a team member who are each representing a different side in the same transaction.
Agent Owned Lease Listing
If an Agent rents or leases their own property, a $250.00 fee will be charged by Broker. No E & O insurance is charged on leases.
Company Provided Real Estate Leads
If Broker provides leads, (where Broker is procuring cause), Agent will receive a 50% split with Broker by Broker. This fee may vary or adjust according to the amount of work needed to close the sale.
Brokers Price Opinion (BPO)
If the fees received for BPO’s are $299.99 or less per month, no fee will be charged by Broker. If the fees received for BPO’s are $300 or more per month, the Broker will charge 10% fee and 90% goes to the Agent.
No MLS Access Listing Input
When the Broker is requested to list property on the MLS because the Agent does not have MLS access, the Broker will charge a $400 upfront fee for this service. All listing information and photos must be provided by Agent. This service is optional.
Real Estate Commission Split Plans & Terms
Premier Agent Network, Inc. offers agents and real estate brokers a compelling 100% commission real estate program. We provide unlimited broker support and commission checks are paid directly from escrow with a complete file. There are no franchise fees, no signup fees, no desk fees, no office fees and no long term contracts. Agents have the flexibility to change their commission plan every 12 months.
Virtual Real Estate Company
Whatever your production level, we guarantee that we have a real estate commission program that will work for you. Between our 100 percent commission programs and our 90 percent commission split program, we have the bases covered. Move your real estate license and join the future of online real estate offices. Join Today!