Commission Reduction Request Advance Broker Consent Required* I understand that it is the commission policy of Sierra Sotheby’s International Realty (SSIR) that advance written approval of the Principal Broker or Managing Broker is required: (a) prior to any listing taken with less than a full commission (6%) or (b) commission less than the full commission published in the MLS to Buyer’s Agent at the time the offer was accepted.Agent Name* First Last Agent Email* Agent PhoneAgent Primary Office*Please select your main office. If you have questions, please reach out to your managing broker. DT-Downtown TruckeeTCL/SV-Tahoe City Lakeside/Squaw ValleyIV-Incline VillageSLT-South Lake TahoeRNOS-Summit RenoProperty Address*Input the subject property address Street Address City AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Select the Party Represented*Sales Associate is Representing BuyerSales Associate is Representing SellerSales Associate is on Both SidesListing Agreement Commission Reduction Applied to:Listing Commission %Selling Commission %Purchase Agreement Commission Reduction Applied to:Commission Reduced AmountCredit toward NRCCWho is to be Credited at COEBuyerSellerReason for Request and Additional Information*Please provide additional information and reason for reduced commission request. I understand and acknowledge If permission is denied, or if advance approval is not requested, it is understood that any commission reduction accepted by a Sales Associate will come out of the Sales Associate’s split, and SSIR will be compensated at Closing based upon a full 3% listing-side commission or commission less than the full commission published in the MLS to Buyer’s Agent at the time the offer was accepted. SIR FRANCHISE FEE: Regardless of any approval by SSIR, the Sotheby’s International Realty (SIR) franchise fee will be calculated at off the total commission shown on the Final Settlement Statement. Also, if the Commission Reduction, appears in the form of a “credit” to a buyer/seller on the Final Settlement Statement, the franchise fee payable to SIR must include 6% of that “credit” amount.