What is a Domestic Team?

A Domestic Team is a domestic couple or related family members (maximum of 2 total team members) which share 1 commission cap ($12k) and will pay their taxes together. 

• There is no production requirement for a domestic team.
• One member of the team will be designated the team lead. 
  • All transactions will be paid through the team lead account.
  • Agent equity opt in will be awarded through the team lead account.
  • One W-9 form will be applied to the team lead account.
  • One 1099 form will be issued to the team lead account.
• The second agent will be considered "Dormant."
  • This dormant account is not used to enter transactions or rev share.
• Domestic teams can participate in the Stock purchase plan as well as earn stock awards for Capping and Attracting agents but the domestic team will only earn 1 SET OF AWARDS as 2 agents are splitting one cap.
• Domestic teams are also eligible to earn ONE ELITE AGENT award if they qualify.
• Domestic teams may participate in the rev share program however, Domestic Teams cannot sponsor each other to join Real. Partner/Dormant agents in the Domestic Team must choose the same sponsor as the Primary agents sponsor.
• The team lead must sponsor any agents in their revshare group. The dormant agent cannot sponsor agents. 

Once your Domestic Team is setup you will have:

• 1 Active Real account for transactions
• 2 $249 signup fee
• 1 Shared $12,000 cap
• 1 $750 annual brokerage fee for US Agents & Canadian Agents have 1 $1,200 annual brokerage fee (split between your first three transactions)
• (Optional) 1 Shared Lofty CRM account.