Contact your Sales Manager to get approval and guidance
Sales Manager can work with the principal agents around team member role clarity, support expectations, and discussions around team member agreements with Compass and principal agent.
Sales Manager will discuss any applicable fees.
Principal Agent fills out form provided by the sales manager from their Computer (Note: if this is a newly licensed agent you can select Newly Licensed and our National Onboarding team will work with the agent to apply for their license and board membership)
ICA created and approved by Sales Manager (1-2 Days)
ICA sent to agent via provided email and National Onboarding team connects with agent to schedule account setup meeting (remote)
Agent signs ICA, schedules onboarding, and completes account setup
Agent connects with Local AEM to determine local support needs and next steps including applications to LIBOR, E&O insurance, License Approval/Transfer
Newly Licensed Agents - $65 for initial application. One time (current as of 10.23)
LIBOR Dues - Due yearly (from LIBOR directly)
*Includes one time application fee
E&O Insurance - Billed quarterly from our finance department (Discuss with your Sales Manager)
Resource Fee - Varies by market. Please discuss with your Sales Manager
Onboarding Fee - Varies by market. Please discuss with your Sales Manager
Secondary License. Eligibility varies by market. Please discuss with your Sales Manager
$65 for Sales Person
$185 for Associate Brokers
Payable to: NYS Department of State
Newly Licensed
1. Create or access your DOS eAccessNY account. Link here: https://www.dos.ny.gov/licensing/eaccessny.html
2. Select the following option: Apply for Initial Salesperson License (qualifying by Exam only)
This application requires a $65 payment for the license as well as the sponsoring brokers number. Subject to change according to the Department of State
You will be affiliating with our Brokerage Entity Compass Greater NY
Compass' # is 10391202178
Select your office: Find your office here
3. Once the application has been submitted please let us know at agentexperience@compass.com and we will associate your license with Compass.