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FAQ: How I Am Paid

I only get paid when I satisfy the needs of the Homebuyers and Homesellers who are my clients.

I don't receive a penny for my efforts,except when a home sale transaction is completely finished.

  • When I sell one of "my own listings", I am paid by my seller client per the terms of our Listing Agreement.
  • When I sell a home that is listed by another broker, I am paid by that broker based on the terms posted in the Multiple Listing Service.
  • Sometimes (very rarely) I am paid by my buyer client per the terms of our Buyer Representation Agreement.

I am self-employed:

  • Although I am affiliated with RE/MAX, I am not an "employee" of RE/MAX.
  • I receive no salary or wages from my broker.
  • I have no company-sponsored retirement plan.
  • I have no company-sponsored health insurance benefits.
  • I have no paid vacation days.
  • I receive no compensation from the brokerage for the cost of buying or operating a "work car".

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The ideas and opinions expressed here are Ken Lampton's ideas, and are not necessarily those of his Broker or of RE/MAX International, Inc. The information on this website should not be construed as a recommendation for any course of action regarding financial or legal matters.

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