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We hate hidden fees as much as you do!
Here’s the full breakdown of all of our fees at CanZell.
Tech Fees
Agents pay a $50 monthly tech fee.
E&O Fee
Agents pay a $50 monthly E&O fee.
Onboarding Fees
Agents pay a one time $100 fee.
Residential Transactions
Agents pay 80/20 split until they reach 14,000 cap.
Broker Review / Risk Management Fee
There is a $100 broker review/risk management fee.
Broker Price Opinion (BPO)
Agents pay a fee of $15 on all BPOs. BPOs do not apply toward the annual CAP.
Commercial Transactions
Your residential cap and commercial cap will be the same. Both are $14,000.
Selling Personal Real Estate
Agents get 4 transactions with 0 commission and Agents only pay a $195 QC fee and a $200 Transaction fee when buying selling property in which they are on the title. This includes all real estate property where an agent has potential personal financial gain. Agents are not permitted to represent both sides of a transaction when selling personal real estate property. We encourage agents to hire another CanZell agent to handle the listing of their property to promote compliance and added protection from possible lawsuits. You must have closed at least 4 houses with our firm when this kicks in.
(Note: E&O companies increase premiums significantly based on the number of deals where an agent sells their own property due to the high risk of getting sued. A real estate agent is considered having an “advantage” and therefore is often viewed as guilty until proven innocent.)