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Independent Contractor Addendum

COMMERCIAL TRANSACTIONS: If Contractor represents either a buyer or a seller in a commercial transaction, the Contractor will receive 95% of all commission received by the Broker as long as the Contractor does not violate the provisions of the agent contract and the company policy and procedures located at https://pacifichomebrokers.org/agentresources. Contractor must pay $165 towards the Broker's errors and omissions insurance policy premium per transaction. Dual representation by Contractor will have a fee of $265.00 towards the Broker's errors and omissions insurance policy premium per transaction. The Broker portion of the commission split or 5% will be calculated based off the total commission offered to Broker prior to any rebates, credits, or commission that is negotiated down from the original commission offered. The following are considered commercial transactions for commission and errors and insurance purposes and is not limited to the following: 5 or more unit properties, mixed use properties, vacant land or residential properties with land over 5 acres and industrial properties.

Contractor will receive 95% of all commission received by the Broker on commercial leases with a minimum Broker fee of $595.00.

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February 14, 2022 10:42 am PDT

Independent Contractor Addendum Uploaded by Pacific Home Brokers Inc. - support@pacifichomebrokers.net IP 68.6.226.18