JPAR TEAM GUIDELINES:
1. JPAR team categories are as follows:
• Duo team = 2 people
• Small team = 3 to 4 people
• Large team = 5 to 7 people
• Enterprise team = 8 or more people
Team leaders cap at 16 transactions. Once the cap is reached, there is a small processing fee of $45 per transaction. Each team member adds 6 transactions to the transaction count to the team leader's cap. Team caps freeze on Nov 1 of each year to allow you to make staffing changes to your team.
2. It is highly recommended that anyone creating a team have a consultation with Tony, a support broker, or 3rd party coach. Email support@JPAR.com to set up a consultation.
3. In addition to completing this "JPAR New Team Form" and a team member form for each team member, we highly recommend that you have a team contract written by an attorney for EACH team member. You can find example team agreements here: https://jpar.re/sampleteamagreements
4. Team Leaders must take at least a 10% commission split.
5. If an individual or a team wishes to advertise under a DBA name, please follow these steps:
• Review the TREC advertising guidelines to ensure that the name you have chosen is compliant. https://www.trec.texas.gov/forms/trec-advertisement-rule-review-whats-name
• File your DBA with your local county clerk’s office
• Include a copy of your assumed name certificate in this form or email it to support@jpar.com. Our office will then register your team name with TREC.
• You can verify that your team name is registered by searching license #9002729 on the TREC site.
6. JPAR pays commission to licensed real estate agents and TREC licensed corporate brokers only. Checks are made out to your legal name on file with us. If you need to confirm the legal name we have on file for you, email support@JPAR.com. We do not issue commission checks to DBA’s or unlicensed LLC's. Once you are paid, you may endorse your check to your DBA or your LLC if you wish. If you use a wire, the wire will have to be sent to your individual account and then you will have to move it to your company account.
If you are a broker associate and you meet the following eligibility requirements, we can pay your LLC or other legal entity:
• Your LLC must be registered with the Secretary of State
• Your LLC must be registered with TREC, with you as the designated broker for the entity
• Complete this paperwork: https://jpar.re/llcsetup
7. Both Team Leader and Team Member must be listed on every transaction you enter in Transaction Desk, unless you receive instruction otherwise from our Support team. Team Commission Information: https://jpar.konverse.com/rooms/83986/posts/8758014
8. You are REQUIRED to take the Broker Responsibility class as a Team Leader with JPAR. According to TREC, any license holder who is a designated supervisor of one or more license holders must take the Broker Responsibility course with each renewal.
9. If you are adding a team member who is part the JPAR mentorship program, team lead understands and fully agrees to pay mentorship 30% of 3% per side on any deal team member is currently negotiating or has under contract.
10. E&O fees and +6 cap increase are waived solely for NON-PRODUCING licensed assistants who only engage in assistant duties.
11. In order to remove a member from your team, please send an email to support@jpar.com with the effective date of them leaving your team or you can use the remove team member feature located under My Tools in the JPAR hub.
12. To start a team, you must have completed AT LEAST 10 transactions the previous year.
https://docs.google.com/forms/d/e/1FAIpQLSczpgxOchZblAAOzSPAi_2VNmqDLa3-NX1l8zE6COl7NB-91w/viewform