Real’s commission split is one of the most competitive in the market. Read below for an overview of fees and costs associated with Real.
Note: Canadian differences are denoted in blue text where appropriate. Where no difference is indicated, amounts are the same but in CAD.
| AGENT PLAN | TEAM PLAN |
|
85/15 commission split Example: If the agent’s commission was $10,000, they would keep $8,500 and Real would keep $1,500 |
85/15 commission split |
| No monthly fees | No monthly fees |
|
$12K annual cap Then 100% split |
$12K team leader annual cap $6K team member annual cap Then 100% split |
|
$285 transaction fee after cap for agents who joined after 2/1/23. For agents who joined prior to 2/1, their transaction fee after cap will be $225 until their next anniversary date $125/lease transaction fee after cap After reaching Elite Agent status, the transaction fee drops to $129. $275 CAD transaction fee after cap and $125 CAD/lease transaction fee after cap |
$285 transaction fee after cap for agents who joined after 2/1/23. For agents who joined prior to 2/1, their transaction fee after cap will be $225 until their next anniversary date $125/lease transaction fee after cap After reaching Elite Agent status, the transaction fee drops to $129. $275 CAD transaction fee after cap and $125 CAD/lease transaction fee after cap |
|
$249 sign-up fee $249 CAD sign-up fee |
$249 sign-up fee $249 CAD sign-up fee |
|
$750 annual brokerage fee, paid from first 3 transactions per anniversary year $1,200 CAD annual brokerage and risk management fee, paid from first 3 transactions each anniversary year |
$750 annual brokerage fee, paid from first 3 transactions per anniversary year $1,200 CAD annual brokerage and risk management fee, paid from first 3 transactions each anniversary year |
|
Up to 3 personal transactions per anniversary year, with $250/transaction fee Up to 3 personal transactions per anniversary year, with $275 CAD/transaction fee |
Up to 3 personal transactions per anniversary year, with $250/transaction fee Up to 3 personal transactions per anniversary year, with $275 CAD/transaction fee |
| A $30 BEOP fee, which covers broker review, E&O (professional liability) insurance, and processing will be assessed on every transaction the company processes. | BEOP Fee does not apply to Canada. |
| Agents can choose to opt-in to Chime, a third-party CRM, at a discounted rate of $40/month | Agents can choose to opt-in to Chime, a third-party CRM, at a discounted rate of $40/month |
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