What are the different team types at Real?

Real offers three team types to support your business structure:

• Standard Team: this is for traditional team structures where there is a team leader. The team lead carries a full $12k cap while team members enjoy a reduced $6k cap. Team members must pay a minimum 10% split to the team lead. 
• Marketing Team: this is great for teams that work together, but don't have a formal or ongoing transaction fee structure. In a Marketing Team, every member is on a full $12k cap and there is no required transaction fee. 
• Domestic Team: this is for two related family member (must live in the same household) who operate as a team. 

The table below outlines the differences of each team type, including some of the key requirements and differences. 

Team Type:	Standard	Marketing	Domestic
Team Member Cap:	$6,000	$12,000	N/A
Elite Eligible?	Team Lead Only	All Members	Team Lead Only
Minimum Production Requirement?	$5M	N/A	N/A
Minimum Split to Team Lead?	10%	N/A	N/A
Size	2+ At least 2 members	2+ At least 2 members	2 Maximum of 2
Other Requirements:	Must have a fully executed team addendum on file with Real	The group may be sharing a marketing name, and they may refer transactions to each other within the group, but they have no formal team agreement.	Both team members must reside at the same residence and must file taxes jointly. Eligible to earn one elite agent award, if you qualify. Eligible to participate in Revenue share, but cannot sponsor each other.  Must have a fully executed Domestic Team Addendum for each member on file with Real. See more: What is a Domestic Team?

Which Team is right for me?

There are a few considerations when starting a team:

1. Do you plan to create a structure or operate as co-agents?
   1. If you plan to create a structure, with a clearly defined team lead, then consider our Standard Team. Under this plan, the team lead is on a $12k cap and is Eligible for Elite Agent. Other agents are placed on a $6k cap, but must pay a minimum of 10% split to the team lead on all transactions. 
   2. If you plan to operate as co-agents (i.e. you may share some transactions with each other, but. not all), consider a Marketing Team. Under this structure, you are all on a $12k cap (and eligible for Elite) - and you are free to refer transactions or share commission income in different ways on each transaction. 
2. Do team members want to be eligible for Elite? 
   1. If all the members of the team want to be eligible for Elite Agent, you should choose a Marketing Team or continue to work as Solo Agents. 
   2. Under our Standard Team agreement, only the Team Lead is eligible for Elite Agent Status. Similarly, on a Domestic Team, only the lead agent will Earn Elite Status.