6.1 Listing Commission Policy

• The standard commission offered on CENTURY 21® Redwood Realty listings is 6% of the sales price.
• As a best practice, CENTURY 21® Redwood Realty recommends that the amount paid to CENTURY 21® Redwood Realty should not exceed the amount paid to the cooperating brokerage AND the amount paid to the cooperating broker should not be less than 2.5%.  If an Agent chooses to deviate from this recommendation:
  • EVP approval required if cooperating broker commission is less than 2.5%
  • If the commission paid to the cooperating broker is below 2.5%, the amount paid to CENTURY 21® Redwood Realty cannot be greater without EVP approval.  See examples below:
    • Approval Required: 2% to cooperating broker and 3.5% to CENTURY 21® Redwood Realty (minimum threshold of 2.5% NOT met to cooperating broker)
    • Approval Not Required: 2.5% to cooperating broker and 3% to CENTURY 21® Redwood Realty (minimum threshold of 2.5% met to cooperating broker)
• Any marketing promotions or materials advertising a discounted commission rate are strictly prohibited.
• Any exceptions to this Policy must be approved by Agent’s EVP.
• For distressed properties (short sales, foreclosures, Freddie Mac listings) CENTURY 21® Redwood Realty’s listing commission may be increased to cover additional charges for a 3rd party negotiator.
• Any marketing promotions or materials advertising a discounted commission rate are strictly prohibited.