Commission Programs

In accordance with Property Management Addendum, managers split all fees received from clients, with Coldwell Banker Danforth on a 50/50 basis.

Property Management Commissions

In accordance with the Property Management Addendum, managers split all fees received from clients, with Coldwell Banker Danforth on a 50/50 basis.

This split includes an advertising budget of up to 25% of the entire leasing fee according to the advertising policy listed in this manual.

Managers may, at their option in writing; elect to receive 75% of the initial lease fee only provided the following criterion is met (Please note this option is only available after managing properties for one year):
  1. The manager takes all responsibility for advertising the property. Coldwell Banker Danforth will not pay for, or coordinate, any advertising for the property.
  2. This option will be in effect for six months and apply to any new properties taken by the manager.
  3. The manager may elect to renew this option every six months, or return to the 50/50 split and have CBCD provide a maximum 25% advertising budget and coordination.
All monthly management fees, late fees, and renewal fees remain at the 50/50 split as per the Property Management Addendum.