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Will I be charged Royalty and Company Dollar for selling my own home?

Last Updated: Dec 09, 2015 11:46AM CST
Purchasing or selling real estate (your personal residence and/or investment properties) is one of the greatest advantages you have as a real-estate professional, and it is our goal to preserve this advantage.

1. The associate is not required to pay the company a real-estate commission on the portion of the transaction that involves the associate as an owner.

a. This provision applies to those properties that are considered personal residences and is limited to two sides per year, one as a Buyer and one as a Seller.

b. Each local Market Center will determine how to treat personal transactions beyond two sides per year and those properties classified as something other than personal residences. Each local Market Center will also determine required criteria to qualify for this “gift.”

NOTE: The ASSOCIATE is required to pay royalty on transactions until they fulfill the KWRI royalty cap.

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