Agent Information Real Estate Business Name or Team Name (if applicable) Date of Birth: * Cell Phone Number: * Additional Languages Spoken: Emergency Contact: Name, Phone Number and Relationship (Spouse, Family, Friend etc) * Licensing Information:
Only provide your license information for the states you are joining Kelly Right in. Example: if you are licensed in 3 states, but are joining Kelly Right in 2 states, we only need the licensing information for the 2 states we will be onboarding you in.
State(s): * RE License(s) #: (If you don't have one yet, include when will you be applying or expect to have it.) * RE License Expiration Date(s): * What is the MLS' / Associations you will need to join/transfer on: *
Examples: SAR, WRA, NWMLS, IMLS, RMLS, PMAR, GAMLS, PAR MLS, GALMLS, GTR, MRMLS, MLSOK, etc...
Drivers License # and State: * Primary City Served: * Hours You Estimate You Will Be Working Per Month: * How Did You Hear About Kelly Right: * Referred By: Are you interested in becoming a Mentor, or do you need a Mentor? If so, please indicate which one. Information for Your Kelly Right Profile on Our Website: Current Website (if applicable): Social Media Profiles (if applicable): Independent Contractor Agreement IT IS AGREED by and between Kelly Right International, Inc (DBA: Kelly Right Real Estate) (herein referred to as the “Broker”) and _____________________________________ (herein referred to as the “Agent"), * 1. LICENSES: * Each of the parties hold appropriate real estate licenses issued by the States of: Alabama, Alaska, California, Colorado, Connecticut, Florida, Georgia, Idaho, Mississippi, Montana, North Carolina, Oklahoma, Oregon, Utah, or the State of Washington, whichever is applicable. 3. INDEPENDENT CONTRACTOR STATUS: * 4. BROKER OFFICE PROCEDURES: * 5. AGENT RESPONSIBILITY - BUSINESS EXPENSES: * 6. AGENT’S ADVERTISING: * 7. AGENT’S AUTO INSURANCE: * Initials: Designated Broker 16. TERMINATION: * This Agreement may be terminated, at any time, without cause, by either party giving notice to the other. If Agent contemplates termination of this Agreement, Agent will make every effort to close any pending sales in which Agent is interested. Any and all pending/contingent sales that close after termination of this contract by either party shall be subject to an additional 10% processing fee. In the Broker’s opinion, if it is necessary, required or appropriate for the Broker or others in the office to attend to any matters concerning the sale (including changes in financing; securing of occupancy agreements; removal of contingencies; managing state sanctions or complaints; and any other usual or unusual matters required to close the sale) then the Broker shall be authorized to deduct up to 50% of the Agent’s share of the commission and pay the same to himself/herself or other Agents according to their participation in the matters necessary to close the sale. Broker shall be allowed to retain any and all fines levied against the Agent from any state regulatory agency, local MLS, or other entity required by law and/or agreement. Agent agrees not to, in any way, induce or encourage an owner to terminate a listing (or sale) following termination of this Agreement. For all referrals and/or leads supplied directly by the Broker/Kelly Right International that was procured within the firm itself, or referring to leads supplied by the Broker from an alternate source (i.e. a referral agreement with another agent in another firm), while the Agent is licensed with the Broker, the Agent shall be legally obligated to pay the Broker 25% of that commission. Agent will also be responsible for any legal fees should the Broker need to collect the commission after Agent’s departure of the Company. 17. ARBITRATION: * Any and all disputes between Agent and Broker, or between Agent and other Agents in Broker’s office, arising from matters occurring, all or in part, prior to termination of this Agreement, shall be resolved by arbitration, rather than suit. Each of the parties shall, within five days of being requested to do so by the other, name one arbitrator. The two arbitrators shall within five days of their appointment, appoint a third arbitrator. The dispute shall be heard within thirty days thereafter, in accordance with state statutes governing arbitration, and the decision of the arbitrators shall be final and finding upon the parties subject only to statutory review by the Superior Court. Alternatively, the parties may agree to submit the dispute to a Board of Realtors or Multiple Listing Service which offers such arbitration services. 18. ERRORS AND OMISSIONS: * 19. COMMISSIONS: * The parties shall share commissions in accordance with the following description. BPO’s (Broker Price Opinions) will not be subject to a transaction fee. A. Agent shall not be entitled to any salary, draws or compensation of any nature other than the listing fees and commission shares set forth hereinafter. B. Agent shall have no claim to a listing fee or commission share except from money actually received by Broker. C. All commissions and other monies must be paid to Broker alone. State law prohibits Agent from receiving commissions other than from the Broker holding his/her license. D. Multiple listing dues, listing fees owed Agent or others (including other Brokers), Business and Occupation Taxes, Industrial Insurance, and other expenses agreed to in the Broker/Salesman Agreement, shall be deducted from the commission prior to determining Broker’s and Agent’s shares. In addition, Broker shall be entitled to deduct, from Agent’s commission share, unpaid amounts owed Broker or multiple listing services or Board of Realtors for dues or any other reason. The net amount is the “commission” below. E. Commissions shall be divided 100% to the Agent and 0% to the Broker. F. Agent agrees to pay broker $79.00 per month. G. Agent shall pay a maximum fee of $189.00 per transaction ($89 up to $1000 gross commission, $139 per $1001 to $2000 gross commission) to be deducted from commission for processing of Agent’s transaction. 20. REFERRALS FROM KELLY RIGHT INTERNATIONAL, INC: *
NOTE: These would be leads supplied by Kelly Right International, Inc. / Modus Mortgage NMLS# 1028232. Modus Mortgage is licensed in WA, OR, ID, FL, MT, UT, OK and AL | HQ: 140 S Arthur St, #600 Spokane, WA 99202 | 844-663-8711 | Equal Housing Opportunity | www.modusmortgage.com |Affiliated Business Disclosure: https://kellyright.com/affiliated-business-agreement-2 | NMLS Consumer Access: https://nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1028232
Designated Broker Signature KELLY RIGHT REAL ESTATE AUTOMATIC BILLING PAYMENT PLAN VISA/MASTERCARD/DEBIT CARD * VISA/MASTERCARD AUTHORIZATION AGREEMENT FOR AUTOMATIC CREDIT CARD CHARGE OF MONTHLY FEE * It is my responsibility to notify Kelly Right Real Estate in writing of any account number changes. * Complete and sign the Automatic Billing Payment Plan and you MUST UPLOAD for automatic billing in the section below. Designated Broker Signature Authorization for Direct Deposit Upload a Voided Check or Electronic Routing Number/ACH Statement in the section below to have your commission checks direct deposited. It is my responsibility to notify Kelly Right Real Estate in writing of any account number changes. *