Once you cap, Real charges a $285 USD transaction fee ($275 CAD for Canadian agents) on each sale transaction and $125 USD ($125 CAD for Canadian agents) per lease transaction. Once you hit Elite Agent status, the transaction fee will drop.
Why does Real charge a Transaction Fee?
We charge a minimal fee to help cover our operating costs as we continue to offer some of the industry's most competitive economic incentives while delivering top-tier technology and support.
You can see an overview of all fees here: How much does it cost to hang my license with Real?
What happens if I am on a team?
If you are on a team, your transaction fee will be split proportionally with the team split.
- Team Lead gets 20% commission
- Team Member gets 80% commission
- For a US Transaction, the Team Lead will pay a $57 transaction fee ($285 x 20%). The Team Member will pay a $228 ($285 x 80%) transaction fee.
If you hit Elite Agent status, your transaction fee may change. Please see: What happens to transaction (post cap) fees once a team lead hits Elite?