Skip to content
Contact RC Help My Support Tickets
  • There are no suggestions because the search field is empty.

Personal Purchases (Primary or Investment)

Purchase/Sale of Primary Residence

On an annual basis, subject to the myRC Program Tier (See Exhibit B) held by Salesperson for the majority of the six (6) months prior to a sale or purchase, Broker agrees to eliminate its commission split on the purchase or sale of Salesperson’s primary residence (“Purchase Program”), provided all of the following conditions are met:

  • Salesperson must have an ownership interest in, and use as Salesperson’s primary residence, the property being sold or purchased. Broker reserves the exclusive right to determine whether the foregoing condition is true.

  • Salesperson, notifies Broker, in writing, of the transaction(s), identifying Salesperson’s ownership interest in the property.

  • Salesperson agrees to pay Broker its split of the commission in accordance with Exhibit A of this Agreement if Salesperson is not associated with Broker for at least six (6) months at the time of a qualifying sale or purchase.

  • Salesperson agrees to pay Broker its split of a 2.5% commission of the purchased price,  if Salesperson is not associated with Broker for at least six (6) months at the time of a qualifying sale or purchase.

  • In the event this Agreement is terminated within six (6) months following the closing of said Purchase Program, Salesperson is obligated to reimburse Broker’s split of the commission regardless of the reason for termination of this Agreement. 

  • Prior to the closing of the sale or purchase of the qualifying property, Salesperson pays to Broker a $500.00 non-refundable transaction fee, to be split at Broker’s discretion. If Salesperson is waiving their entire commission, a check or money order can either be dropped off at the Fresno Office or mailed to 575 E Alluvial Ave. Fresno, CA 93720, ATTN: Commissions Team. If Salesperson will be receiving a portion of commission the fee can be deducted from the commission at closing. 

  • Additionally, if Salesperson will be using a Transaction Coordinator (TC) and will be waiving the entire commission, please include the amount owed to the TC when sending in the Transaction fee.   

Purchase/Sale of Investment Properties, Second Homes 

Broker agrees to lower its commission split to one-half of the commission to which it would otherwise be entitled under Exhibit A of this Agreement with respect to transactions in which Salesperson has an ownership interest, provided the following conditions are met: 

  • Salesperson must have an ownership interest in the residences sold and purchased. Broker reserves the exclusive right to determine whether Salesperson has an ownership interest in the residences.

  • Salesperson notifies Broker, in writing, of the transaction, identifying his/her ownership interest in the residence.

  • Whether or not salesperson discounts or waives his/her split of the commission, Broker is nevertheless entitled to its split of the commission, which is one-half of the commission to which it would otherwise be entitled under Exhibit A of this Agreement. For example, if Broker is entitled to a 30 percent commission split, and the commission on the sale of property is three percent, Broker is entitled to ½ of $200,000 multiplied by the three percent total commission, multiplied by 30 percent, or $900.

  • Whether or not salesperson discounts or waives his/her split of the commission, Broker is nevertheless entitled to its split of a 2.5% commission of the purchased price, which will be one-half of the commission to which it would otherwise be entitled under Exhibit A of this Agreement. For example, if Broker is entitled to a 30% commission split:

Purchase price is $300,000

2.5% commission is $7,500

$7,500 x 30% = $2,250

$2,250 x 50% = $1,125 which is the total amount due to Realty Concepts

  • Standard transaction fees apply to investment properties.