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Missouri real estate commission contracts Form: What You Should Know
The fee can be charged to either parties. An agency fee may be charged, but the fee shall be paid from the amount of the commission, not from the sales price. MO Real Estate Commission: Form A For Real Estate and Real Estate-Related Companies Only; For any Real Estate Licensee Not an Active Agent — The REALTOR requires you use the appropriate form for any real estate business license (not an active agent) if you: • Have been operating a business from which you receive commissions from commission sales for more than five (5) years; • Are listed as an agent as an officer, trustee or manager of an entity in which you receive commission from commission sales for more than five (5) years; • Are selling or representing yourself or any other broker or realtor of real estate products in any of the above cases. REALTOR and REALTOR Agents must maintain their license as an active agent while they are in continuing compliance with this contract and any other provisions or rules or requirements of this contract and their contractual relationship with the REALTOR. MOCK REALTORS The MOCK Realtors license is a real estate professional licensing agreement. The contract and rules (referred to here as “the agreement”) must include all the following: A. Licensing fee B. General, fee based, annual reports. C. Minimum operating requirements. 1. The fee shall be paid to the City of Kansas City as a monthly license fee at a rate of 40 (whichever is greater) and the Commission shall be paid from that amount, subject to the same regulations as set forth in 6-27-204. MOCK REALTORS Agents may not provide or sell a Realtor Real Estate license. 2. MOCK REALTORS Agents and REALTOR Real Estate Licenses are not mutually exclusive.
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