How much does it cost to hang my license with Real (Canada)? – Real

Real’s commission split is one of the most competitive in the market. Read below for an overview of fees and costs associated with Real.

Canadian Agents Only. US Agents, see here: How much does it cost to hang my license with Real (US)?

	AGENT PLAN	TEAM PLAN
Sign-Up Fee	$249 CAD sign-up fee per agent
Commission Split	15% paid to company until Agent Reaches Company Cap.
Company Cap	$15,000 per Agent	$15,000 Company Cap for Team Leaders $7,500 for Team Members (Team Members owe less to Company)
	Agent will pay 15% to Real until Company Cap is paid. Then Agent will no longer pay Commission Split to Company. The Company Cap will reset every year on the Agent's anniversary date.
Per Transaction Fee	A $40 CBR (Compliance and Broker Review) fee, which covers broker review and processing, will be assessed on every transaction the company processes.	The $40 CBR fee is split across all members of the team. Example: if you split your transaction 80/20; the Team Member will pay $32 (80% of $40) and the Team Leader will pay $8 (20% of $400).
Post-Cap Transaction Fee	Once you pay the Company Cap, you will pay: $375 CAD per transaction; and $125 CAD per lease transaction After reaching Elite Agent status, the Post-Cap Transaction Fee reduces to $150.	Once you pay the Company Cap, you will pay: $375 CAD per sale; $125 CAD per lease This is split among team members added to a transaction according to the team configuration. After reaching Elite Agent status, the Post-Cap Transaction Fee reduces to $150. All reduced Cap Members of the Team will benefit from the Elite Agent Transaction Fee.
Annual Brokerage Fee	$1,200 CAD Annual Brokerage and Risk Management Fee per agent, paid from first 3 transactions each anniversary year
Monthly Fee	No monthly fees
Personal Transaction	Up to 3 personal transactions per anniversary year per agent, with $275 CAD/transaction fee. You must be listed on the contract as Buyer or Seller.

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