Here we detail our co-broking terms with agents that are willing to work with On Eagles Wings Inc.
RENTALS:
- If OEW shares a rental close with an Agent (property or client) the commission ratio is 50/50%.
— — - If OEW (Connecting Agent) is connecting two agents, one with a property and the other with a client the commission will be applied as a percentage but no less than $300.00 BBD.
- The percentage to be applied is 20% to the final commission.
- The agent with the client will pay 10% of their earnings from the total commission.
- The agent with the property will pay 10% of their earnings from the total commission.
We believe the above terms to be fair. If OEW plays the connecting role this brings value to both Agents.
SALES:
- If OEW shares a sales close with an Agent (Property or client) the commission ratio is 50/50% (plus VAT if applicable).
— — - If OEW (Connecting Agent) is connecting two agents, one with a property and the other with a client the commission will be applied as a flat payment.
- For properties under $500,000, the payment will be $3,000 (Agent 1 = $1,500 plus Agent 2 = $1,500)
- For properties in excess of $500,000, the payment will be $5,000 (Agent 1 = $2,500 plus Agent 2 = $2,500)
We believe the above terms to be fair. If OEW plays the connecting role this brings value to both Agents.
CONDITIONS THAT APPLY:
– If the Connecting Agent has a property on their platform that is not theirs and it is seen by the agent with the client.
– Connecting Agent knows the two Agents (one with client / one with property) and reaches out to connect them.
The noted terms are subject to modification and should only be used as a guideline to our business relationship.
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Compliments On Eagles Wings Inc.