The typical referral fee to Weidel Referral Corp Agents is 25%, but that is that their sole discretion.
The Referral Fee to Weidel Agents from Closed Transactions is 25% of the Sales Commission at a Pro-Comp Level of 50%.
$100,000 Transaction
$3,000 -3% sales commission
- $750 -Weidel Referral Corporation Payment (25%)
= $2250 GCI - Gross Commission Income
$2250 GCI
x 50%
= $1125
- Weidel Associate receives 50% of the GCI
Weidel Referral Corporate Agent receives 50% of Weidel Referral Corporation Fee
$750
x 50%
= $375
.