Common use of ASSOCIATE-LICENSEE COMPENSATION Clause in Contracts

ASSOCIATE-LICENSEE COMPENSATION. Please see Schedule A, Duties, Terms and Compensation. Associate-Licensee shall receive compensation actually collected by Broker, on listings or other agreements for services requiring a real estate license, which are solicited and obtained by Associate-Licensee, and on transactions of which Associate-Licensee’s actions are the procuring cause. This amount shall be payable immediately after all necessary documentation is received concerning these services, except as may otherwise be agreed by Broker and Associate-Licensee before completion of any particular transaction. Associate-Licensee may receive his/her commission directly from escrow, if the completed transaction file is confirmed by the designated Premier Realty Associates in house transaction coordinator before the close of escrow. Associate-Licensee shall not be entitled to any advance payment from Broker upon future compensation.

ASSOCIATE-LICENSEE COMPENSATION. Please see Schedule A, Duties, Terms and Compensation. Associate-Licensee shall receive compensation actually collected by BrokerXxxxxx, on listings or other agreements for services requiring a real estate license, which are solicited and obtained by Associate-Licensee, and on transactions of which Associate-Licensee’s actions are the procuring cause. This amount shall be payable immediately after all necessary documentation is received concerning these services, except as may otherwise be agreed by Broker Xxxxxx and Associate-Licensee before completion of any particular transaction. Associate-Licensee may receive his/her commission directly from escrow, if the completed transaction file is confirmed by the designated Premier Realty Associates in house transaction coordinator before the close of escrow. Associate-Licensee shall not be entitled to any advance payment from Broker upon future compensation.