THE FOLLOWING REPRESENTS THE CURRENT COMMISSION SPLIT BETWEEN HTOA AND ITS AGENTS
- $350.00 to HTOA ($200.00 transaction fee and $150.00 E & O insurance)
- All “single-sided” residential sales under 10 acres
- $550.00 to HTOA ($400.00 transaction fee and $150.00 E & O insurance)
- All “double-sided” sales – This includes any transaction where only HTOA agents are involved, or if one HTOA agent has both sides (i.e. agent sells their own listing or a FSBO).
- 20% of 3% of Sales Price to HTOA with $150.00 for E&O Insurance (single sided)
- 20% of 6% of Sales Price to HTOA with $150.00 for E&O Insurance (double sided)
- Residential Single Family sales of 10.00 Acres or more
- Residential Multi- Family Sales- over 2 Units
- Commercial Sales & Leases
- Unimproved Property Sales
- Residential Lots
- All “double-sided” sales – This includes any transaction that only HTOA agents are involved, or if one HTOA agent has both sides (i.e. agent sells their own listing or FSBO or other party has NO representation by a lawyer or broker).
- Property Management Fees
- $10.00 monthly paid to HTOA for each unit managed
- Referral Fees/Rental Commissions
- 85% to AGENT – 15% to HTOA with No E & O
- If $100 or less, no fee to HTOA
- Annual Office Fee
- $250.00; the fee will be prorated and is non-refundable due on May 15th.
- There is a $25 late fee for payments made after June 15th of each year. After July 15th of each year the late fee goes up to $10 per month until payment is confirmed.
The transaction fee and E&O MUST be paid anytime an agent purchases or sells property regardless of whether they collected a commission.
