You are able to designate a beneficiary to receive a portion of your revenue share after you pass away.
- How does it work?
- Who can be a beneficiary?
- How do I designate my beneficiary?
- How do I change my beneficiary?
How does it work?
If an agent has been with Real for at least 3 full calendar years, in the event of the agent's death, Revenue Share Payments can continue to be paid to a designated beneficiary, as outlined in the Willable Revenue Share Addendum.
Who can be a beneficiary?
Who you can name as your beneficiary will vary state to state. We recommend you consult with an attorney for guidance.
Note that while members of a domestic team can name a beneficiary, if there is a surviving member of the team, the surviving member automatically becomes the Sponsor of the revenue share network, regardless of who is named as the deceased member's beneficiary in reZEN. Once the surviving member passes, the revenue share will go to the beneficiary named by the surviving member.