Compensation / Fee Details. ROLLING FOUR QUARTERS Split levels and Pacesetter Perks Status are assessed at the end of each quarter, looking back at the total of the four previous quarters. This means that your total AGC at as of close of business on the last day(s) of March, June, September, and December will the be number that dictates your split level for the following quarter. LOCK AND FLOATING ZONES Split zones up to zone 8 are locking split zones, meaning that once they are attained, the agents split zone will not go back below that level regardless of production. On split zones 9 and up, production must be maintained, or the agent’s split zone can be reduced but no more than one zone per quarter, potentially back down to zone 8. PACESETTER PERKS Pacesetter Perks Status is achieved at $100,000 in AGC in the rolling 4 quarter period and provides agents with the following benefits: • No Charge for Transaction Management • No Charge for Social Media Management • CB/KP Marketing Royalty Fee is reduced from 6% to 4% (Columbus Office Agents Only) CB/K&P ROYALTY FEE The 4% or 6% CBKP Royalty Fee is charged on the top line commission dollar and is thus, shared by the company. This fee is capped at $7500 per annual year (January – December) for residential agents and $10,000 for commercial agents. AGENT PRIMARY RESIDENCE Agentswillnot be charged a commission on the purchase or saleof their personal primary residence.This applies to any agent who has earned over$50,000 in AGC in the last 12 months and may be used twice every24 months. AGENT INVESTMENT PROPERTIES Ifan agenthasproduceda minimum of$50,000 in AGC then the agent’ssplit on the purchase or saleof investment properties shall be 90% of the agent’s ownership portion of the investment property. The portion owned by another partnershall be at the agent’s assignedplan to split. Allother fees,including the CB franchisefeeand transaction fee, shall apply.
QUESTIONS: paul.fincher@kpdd.com OR steven.armstrong@kpdd.com
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