Here is a link back to Part 5 in case you missed it!
This section of the agreement spells out the individual expenses that the Buyer Associate is responsible for. There has been some discussion of whether the team will provide laptops and/or cellphones to Buyer Associates in the future to enhance the security of data owned by the team - but that is still on the drawing board.
All Team Members pay for personal transactions - the amount they pay offsets the expenses incurred by the team - it's not a "profit center".
You'll note that this is one of the shortest sections in the Agreement.
Buyer Associate acknowledges they are personally and individually responsible for:
100% of any Keller Williams Realty International annual and monthly dues
100% of any Keller Williams Realty Professional Partners annual or monthly dues
100% of all MLS dues
100% of all REALTOR (local, state, and national dues)
100% of pager, cellular telephone, automobile, insurance, miscellaneous equipment and all other expenses unless otherwise agreed to in writing by Buyer Associate and Rainmaker Team Leaders
For the sale or purchase of their own home, Buyer Associates are entitled to 1 purchase and/or sale per year subject to the following low fees:
Sale Listing Side Commission of X% to The Marriott Group
Purchase $X,XXX paid at COE from GCI to The Marriott Group
PLUS any fees due to Keller Williams Realty Professional Partners for personal transactions.
Here is a link to Part 7