How much company dollar will the hub team pay at KWEN?
KWEN will collect company dollar based on the financial arrangement between the hub team and the hub market center.
What if the hub team compensation structure is better than KWEN’s model?
Not possible. The hub team’s compensation structure will always be identical to KWEN, as KWEN’s model for hub teams matches the exact financial arrangement.
What if the spoke agent compensation structure is better than KWEN’s model?
This may happen in some market centers. Remember that transferring a team to KWEN is optional, and agents/rainmakers are encouraged to make the decision that’s best for them.
Do Keller Williams agents pay one royalty or one for each region they work in?
Keller Williams collects one royalty cap regardless of region.
Is there a transaction fee after the company dollar cap is reached?
Yes. All transactions are subject to the $30 transaction fee.
Will expansion agents have the same company dollar and royalty anniversary date when they transfer to KWEN?
Yes. Anniversary dates will remain the same.
If an expansion agent is licensed in two states, what is the cap?
It is actually a reflection of how many market centers the agent is affiliated with, not how many licenses they have. In state border markets (Kansas City, Charlotte, Cincinnati, etc.), it is typical for the agent to
have a single market center and a single cap even if they transact in 2 or 3 states. However, if the agent needs to be a member of multiple market centers for their business currently, they will continue to be
connected to multiple market centers as a KWEN agent. All secondary markets will carry a $5,000 spoke agent cap.
What will happen to the expansion agent’s company dollar and royalty cap paid when they transfer?
All cap and royalty paid records will carry over to KWEN. If the agent has already capped, they will not pay any additional cap until their anniversary date. If there is a balance remaining, the balance will be
paid through KWEN. Caps will not be reimbursed if they have already been met.
If my market center charges a BAC (“broker admin charge” or similar), will I still be charged that fee?
Yes. KWEN will continue to collect BACs and return them to the market center with company dollar.
Comments
0 comments
Please sign in to leave a comment.