If your Team Leader charges a split (e.g. 25% paid to the Team Leader on each deal), your Team Leader can choose to stop charging a split after you pay a certain amount - this is the Team Cap.
- Once you pay your Team Cap, you will no longer pay the Leader's Split.
- The Team Cap resets every year - on your anniversary date.
- If your Team does not have a Team Cap, you may see $1M listed.
If you want to adjust the Team Cap for a team member, see: ProTeams: How to add or adjust the Team Cap
You can see your Team Cap on your Profile in reZEN:
The Team Cap is separate from the Real Cap. The 15% Split to Real contributes to your Real Cap - whereas the amount you contribute to your team (Team Split) contributes to your Team Cap.
Example:
- Nancy is the Team Leader for the Sold Team.
- Nancy charges a 25% Split to all Team Members.
- However, once a team member contributes $10,000 to Nancy, she will stop charging the cap.
- Let's say a member of Nancy's team, Bernard, closes a deal worth $10,000 GCI.
- Bernard pays 25% to Nancy - that's $2,500.
- Bernard has paid $2,500 of $10,000 to Nancy.
- Once Bernard contributes $7,500 more to Nancy, he will no longer pay the 25% to Nancy.