An Exciting Announcement!
Starting January 1 2024 (And each subsequent Jan 1st) Kale will be introducing a cap on transaction fees for sales! Once you’ve paid $6,500 in sales transaction fees to the company, the remainder of the calendar year is free!
To be clear, we will no longer charge the $350 transaction fee on sales once you’ve contributed $6,500 in sales transaction fees to the company. Your monthly fees and annual errors and omissions insurance will be charged as before.
To find where you are with your cap, simply log into brokersumo.com – your password would have been emailed to you when we set up your account at the time you joined, but I can reset it for you very easily. Once you’ve logged in, just go to Reports/Agent Commission Reports/Cap Plan Report.
We will also be introducing a minimum fee on listings. If you have a low-end listing, we’ll still take out $350 or 10%, whichever is lower; however, if you have a listing that sells for $200,000 or higher, the transaction fee will automatically be $350. If you plan on giving a friend or family member a great deal on a listing, you can always add in the additional agreements and provisions on page 3 of the listing agreement that the commission will be x% + $450; that way the $350 transaction fee and the $100 flat fee are charged to the seller instead of to you.
Comments