The payment to your team lead is governed by the Team Agreement on file with Real. This agreement will specify the percentage amount owed to your team lead on each transaction.
Real will multiply the percentage owed (%) to your team lead by the Gross Commission Income (GCI) for the transaction to calculate the payout to the team Lead. This is subtracted from GCI - along with the split to Real and any other fees - to determine your net payout.
Please note: the team split is paid even after you cap.
- Cori runs the Dahl Team
- Shane is an agent on the Dahl Team and pays 10% to Cori
- Shane closes a deal with $10,000 GCI
How much does Shane receive? How is Shane's Payment Calculated?
Shane's net payout is $7,220. See below for the calculation: