Per the KW Policies and Guidelines Manual, each associate must pay the $25 associate annual renewal fee.
If a VR associate does not pay the $25 fee after receiving their invoice via Certified mail, they can be removed from the KW Profit Share system. Market Centers typically invoice their associates for payment each year during the annual renewal fee process. (Timeline could be different for closing/merging market centers).
In order to remove a VR associate from the Profit Share system and the MC roster, KWRI needs one of the following types of documentation:
- A signed declination letter from the VR associate (sample can be found on KWConnect under Resources - MC Leadership - MCA Resources - MC Operations).
- A copy of the returned certified letter that shows proof that the MC tried to contact the associate at their last known address for payment of the $25 annual renewal fee.
- A copy of the signed certified mail receipts if the associate received the mail, but did not pay the fee by the deadline given.
NOTE: Write the MORE ID on each document emailed to MCASupport@kw.com requesting the annual renewal fee credit.
If you are unable to obtain a signature for a declination letter, you must submit copies of the certified letter that was sent to the associate along with the certified mail receipts from the attempts to contact your associate. We must have a copy of a certified letter with proof of delivery or a return receipt before we can remove an associate from the Profit Share system.
Please email a copy of the documentation directly to MCASupport@kw.com.