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.
US Agents Only. Canadian Agents, see here: How much does it cost to hang my license with Real (Canada)?
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AGENT PLAN
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TEAM PLAN
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Sign-Up Fee
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$249 sign-up fee per agent
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Commission Split
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15% paid to company until Agent Reaches Company Cap.
Example: If the agent’s commission was $10,000, they keep $8,500 and Real keeps $1,500
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Company Cap
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$12,000
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$12,000 for Team Leaders.
$6,000 for Team Members. (Team Member cap is reduced from $12,000, so Team Members owe less to Company each year).
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Agent will pay 15% to Real until Company Cap is paid.
Once Company Cap paid, Agent no longer pays Commission Split (15%) to Real. The Company Cap will reset every year on the Agent's anniversary date.
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Per Transaction Fee
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A $30 BEOP fee, which covers broker review, E&O (professional liability) insurance, and processing will be assessed on every transaction the company processes.
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The $30 BEOP fee is split across all members of the team.
Example: if you split your transaction 80/20; the Team Member will pay $24 (80% of $30) and the Team Leader will pay $6 (20% of $30).
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Post-Cap Transaction Fee
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Once you pay the Company Cap, you will pay:
- $285 per sale transaction;
- $125 per lease transaction
After reaching Elite Agent status, the transaction fee drops to $129.
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Once you pay the Company Cap, you will pay:
- $285 per sale transaction;
- $125 per lease transaction
This is split proportionally across all members on the transaction.
Example: If you split a transaction 70/30, Team Member will pay a $199.50 transaction fee ($285 * 70%) and Team Leader will pay a $85.50 transaction fee ($285 * 30%).
After reaching Elite Agent status, the transaction fee drops to $129. All members of the team will benefit from the reduced Elite Agent transaction fee.
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Annual Fee
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$750 annual brokerage fee per agent, paid from first 3 transactions per anniversary year.
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Monthly Fee
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No monthly fees
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Personal Transaction
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Up to 3 personal transactions per anniversary year (per agent), with $250/transaction fee.
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Example Transactions
We prepared some example transactions to demonstrate how splits and fees are applied. Click below to find the scenario that works best for you:
Individual Agent before Cap
Below is an example of how a transaction will appear for an individual agent who has not capped:
Individual Agent after Cap
Below is an example of how a transaction will appear for an individual agent who has capped:
Example Transaction: Team
Below is an example transaction:
- $10,000 GCI with 90/10 Team Split
- Team Member pays all fees
- Not capped
Team Member pays their own fees
Team Leader pays Team Member split to Real
In some cases, the Team Leader will pay the team Member's Real Split. Here is what that looks like:
Team Leader pays all Team Member fees
Below is an example where the Team Leader pays all fees on behalf of the Team Member.
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