Expenses

Agent epenses

MONTHLY FEES

OFFICE - $70 PER MONTH

You won’t get this suite of tools, training and support anywhere else…

- Includes 24/7 office access

- Direct broker support & oversight

- Website, CRM, dashboard, technology suite (PowerSuite + by kvCORE - included $899.00 per month value)  

- Marketing, contract and presentation training

- Lead generation training and guidance & online training portal (included / $2900 value)

- Technical support and integration (included / $500 value)

- Social media automation set-up (included / $500 value)

- Free in-office printing (included / $50 per month value)

- Wifi, meeting rooms, workspace

- Yard signage, frames and custom riders (included / $750 value)

- Initial set of business cards (included / $50 value)

- Office amenities - coffee, snacks, refreshments 

 

E&O INSURANCE - $30 PER MONTH

Errors & Omissions Insurance is required at all agencies, but most offices charge you an all-upfront fee of $500-$700 for the year or a fee per transaction.

 

TRANSACTIONAL FEES

AFTER YOU CLOSE/COMPLETE THE SALE - 90/5/5 COMMISSION SPLIT PER TRANSACTION

90% goes directly to you, the closing agent

5% goes to your Referring Agent

5% goes to the Brokerage/Franchise Strategic Technology & Development Fund

*Example Average: 5% equates to only $375 on average - based on a $250,000 home sale - which is $7,500 commission earned from the 3% commission fee charged to the client



DETAILS:

REFERRAL REVENUE SHARING PROGRAM

5% of your commission goes to the agent who referred you to Sellstate via our Revenue Sharing Program. When you refer agents that sign with a Sellstate Brokerage (any location), you earn this additional 5% commission from every transaction your Sellstate referral agent(s) closes - this is unlimited, lifelong & willable to your family. 

STRATEGIC TECHNOLOGY & DEVELOPMENT FUND 

This 5% fee, after closing, assures Sellstate is at the forefront of cutting edge, breakthrough technology and program development.  Our proprietary C.P. Technology, Sellstate PowerSuite + and our industry leading Sellstate websites are all evidence as to why Sellstate has been recognized among the leaders in real estate. Breakthrough technology is one of our foundational pillars and we take great pride in working both internally and with tremendous partners to bring our agent the best tech in the industry.

CLIENT TRANSACTION FLAT FEE - $250

CLIENT ADMINISTRATION FLAT FEE - $350

The $250 transaction fee (per side you represent) may be charged to the client along with their $350 client admin fee at closing.



NEWLY LICENSED AGENTS - TRAINING FEE 10% and BROKERAGE FEE 25% per transaction

Newly licensed agents are required to complete our CAP Training - Career Acceleration Program.  Upon completion, agent fees end once the newly licensed agent completes six transactions or reaches one year of tenure at Sellstate. You’ll then transition directly to the tenure agent 90/5/5 splits outlined above. This applies to agent leads, and broker leads provided - at no extra charge. 

You will qualify for our Referral Revenue Sharing Program on Day1!


YEARLY FEES

 FRANCHISE - $232.70

Due in August each year (subject to 5% increase)

 

Areas We Cover