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Robinson Fendley
Effective Date: 01/07/2008
The Corporation shall pay the following commission splits to Independent Contractors and Corporation, respectively.
Business brokerage transactions:
50/50 of first $100,000 LTD commissions generated. (0 to $100,000)
55/45 of next $100,000 LTD commissions generated. (100,001 to 200,000)
60/40 of next $100,000 LTD commissions generated. (200,001 to 300,000)
65/35 of next $100,000 LTD commissions generated. (300,001 to $400,000)
70/30 for LTD commissions generated over $400,000.
Life time earnings with RFBB basis.
Example: $1,000,000 price with same listing agent and selling agent generating a total commission of $120,000.
50/50 first $100,000 provides $50,000 agent fee.
55/45 remainder $20,000 provides $11,000 fee. $61,000 total.
Next transaction starts at 55/45 split.
SBA and commercial loan brokerage:
Same as business brokerage transactions.