Stock Purchasing Plan Bonus Awards Update
All Real agents can set aside a portion of their commission as an investment in Real’s Stock (REAX)—and, as a reward for committing to Real’s growth, the company will invest in you by giving you free additional shares of Real stock.
As of April 1st, 2025, Real will offer stock bonus awards in the following amounts:
| BEFORE CAP | 10% |
| AFTER CAP | 15% |
The way it works:
- Every time you close a deal, you direct Real to invest 5% of your commission (10% after you cap) on your behalf in Real Stock (REAX).
- Those shares go into your personal Shareworks account for you to view and manage.
- But in addition to the amount invested from your commission check, Real will issue 10% in bonus shares (15% after you cap)—at no cost to you.
- Note: SPP Bonus Awards are given in the form of restricted stock units (RSUs) which have a 1 year vesting period.
- You opt in to the program and can choose to opt out or rejoin once per year. To learn more, contact Real Support.
Example:
You close on a property and expect $10,000 GCI and our stock (REAX) is trading at $1.40 per share at the end of the month following closing.
| Example Breakdown |
Before you cap 5% Contribution 10% Bonus |
After you cap 15% Bonus |
| GCI | $10,000 | $10,000 |
| Fees: |
$1,500 15% Split to Real $250 Brokerage Fee $40 CBR Fee |
$285 Transaction Fee $40 CBR Fee |
| Net Commission: | $8,220 | $9,685 |
| SPP Contribution |
$411 (5% of $8,220) 293 Real Shares Purchased |
$969 (10% of $9,685) 692 Real Shares Purchased |
| Bonus Real Stock (Available after one year) |
PLUS 29 bonus shares purchased (293 * 10%) |
104 bonus shares (692 * 15%) |
| Total REAX Stock: | 322 Shares | 796 Shares |
Note: As of September 1st, 2026, the US CBR fee will change to $50 per transaction and the US Brokerage fee will change to $300 on your first 3 transactions of each anniversary year.
Thank you to all of our agents who have elected to participate in the Stock Purchase Plan (SPP) to date! We are committed to helping you build a more secure future and look forward to continuing to reward SPP participants for their contributions.
Note: Agents must remain in good standing at Real to receive the award at maturity.
If I joined Real before April 1st, 2025, will I be grandfathered in to the higher bonus shares?
No. The match amount applies to all agents. If you already opted into the SPP, you can continue to invest in Real Stock, but the bonus shares will now be 10% (before cap) and 15% (after cap).
Why did Real make this change?
As a public company we have a responsibility to our shareholders, including many of our agents who have invested in Real, to effectively manage dilution and create long-term shareholder value. The agent incentive program is designed to scale down over time. When the company hits certain milestones, the equity portions of the awards are adjusted to help ensure our ability to deliver shareholder returns.
As a shareholder and agent, you benefit from both the incentive program as well as the value we are creating.
We thank you for the significant part you play in the company’s continued growth and success. None of this would be possible without you!