How do I earn equity (stock) at Real?

There are six ways to earn equity at Real:

1. Stock Purchase Plan
2. SPP Bonus Incentives
3. Stock Award for Capping
4. Elite Agent Production Award
5. Elite Agent Cultural Award
6. Attracting Shares

#1: Stock Purchase Plan (SPP)

Agents can set aside a portion of their commission as an investment, to be used for purchases of Real’s shares. This allows Real agents to develop an equity stake in the company they’re helping to build and grow.

All shares in this program are Restricted Stock Units (RSUs) and have a 1 year waiting period. This means you must wait 1 year to sell the stock. See: What is a waiting period? 

Standard contributions come from the individual agent’s portion of the commission less any fees in the following amounts:

Shares are purchased based on the closing fair market value, on the last trading day of the month in which the commissions are distributed. 

Agents can opt in and out of the program at any time, but they can only opt in once per anniversary year. 

Additionally, SPP contributions must hit an initial $250 minimum before account funds will be used to purchase stock.

• Example: if 5% of an agent’s commission contributions only total $205, they will have to wait until $45 more in commission contributions are earned before that money is used to purchase Real stock shares.

#2: SPP Bonus Incentives

Every agent who opts in to the SPP is eligible to receive a bonus in the following amounts:

All shares in this program are Restricted Stock Units (RSUs) and have a 1 year vesting period. Agents must remain with Real through the vesting period to own the shares outright. See: What is a vesting period? 

#3: Stock Award for Capping

Agents are eligible to earn additional stock awards when they reach the annual cap paid to Real in their anniversary year

All shares in this program are Restricted Stock Units (RSUs) and have a 3-year vesting period. Agents must remain with Real through the vesting period to own the shares outright. See: What is a vesting period? 

#4: Elite Agent Production Award

Real’s top earning agents are eligible for an additional stock award of $16K and their transaction fees decrease to $100 if they meet one of the following criteria after meeting their annual cap:

1. They pay $9K CAD in post-cap transaction fees
2. They close more than $500K in deals AND close 10 transactions of $1M in value or greater

All shares in this program are Restricted Stock Units (RSUs) and have a 3-year vesting period. Agents must remain in good standing throughout the vesting period.

All qualifiers must be met within a single anniversary year.

#5: Elite Agent Cultural Award

Top earning agents who have achieved Elite Status are subsequently eligible for an additional stock award of $8K if they give back to the entire agent population by teaching monthly topics at the Real Academy, or meeting other cultural contribution criteria as defined. Note: All topics must be approved in advance.

All shares in this program are Restricted Stock Units (RSUs) and have a 3-year vesting period. Agents must remain in good standing throughout the vesting period.

All qualifiers must be met within a single anniversary year.

#6: Attracting Shares

Agents are eligible to earn additional stock awards when they directly attract another agent to Real, and the attracted agent completes their first qualified transaction with a minimum GCI of $2,000 on a single transaction. (The $2,000 is not cumulative).

All shares in this program are Restricted Stock Units (RSUs) and have a 3-year vesting period. Agents must remain with Real through the vesting period to own the shares outright. See: What is a vesting period?