Skip to main content

Elite Agent Cultural Award

  • Updated

What qualifies me for Elite Agent status?

To hit Elite, you need to meet one of the following:

  1. Post Cap Transaction Fees: Pay the $12,000 US or $15,000 CAD annual cap and earn an additional $6,000 US or $9,000 CAD in post-cap fees
  2. GCI route: Earn $500,000 in Gross Commission Income and complete 10 transactions over $1M each

To count toward Elite, an agent must receive 50% or more of the gross commission on transactions over $1M. If an agent receives less than 50% of the gross commission, the transaction does not qualify for Elite status.

How do I earn the Cultural Stock Award?

The Elite Cultural Award recognizes agents for their contributions to building and enriching the Real Community. The Cultural Stock Award is up to $8,000 in Real Stock.  To earn the Cultural Stock Award, you need to qualify as an Elite Agent and then complete a qualifying cultural contribution.

There are Two Ways to Qualify for the Cultural Stock Award

Earning the Cultural Award By Hosting Community Building Events 

You are eligible for the Cultural Stock Award by hosting a pre-approved event. 

Events must: 

  • Be approved by Real Leadership before the event takes place 
  • Attribute building culture and community for Real Brokerage 
  • Be held monthly for smaller events (under 100 attendees) 
  • Be held quarterly or biannually for larger events if pre-approved (100+ attendees) 
  • Be open to all agents 

Submitting Your Community Event for Approval 

To get started, please complete the Elite Agent Cultural Award Community Contribution Application.  Applications are reviewed during the last week of each month and decision emails are sent to the agent prior to the last day of the month. 

Submitting Your Completed Event

Once you’ve received approval and held your event, please complete the Elite Agent Cultural Award Event Submission form. 

Once received by Real, Award approval is submitted by the last day of the month in which you submitted the Event Submission Form. 

The Stock grant is awarded in the agent’s Shareworks account around the 15th of the month following approval. 

 

Earning the Cultural Award by Teaching in Real Academy: 

By teaching in Real Academy, you have the opportunity to earn up to $8,000 in Stock Awards. You can earn up to $666 each month ($8,000 ÷ 12 months) by meeting the following targets:

  1. Host a Workshop: Run a 30-minute live workshop every month (optional, but advisable to help drive people to your masterclass)
  2. Master Class Engagement:
    • Get 20 new agents (starts) in your Master Class each month.

To learn more about how to apply to teach in Real Academy, as well as tons of other general info about teaching in Real Academy, click here: Teaching in Real Academy - FAQ

How It Works:

  • Hit 100% of these targets? You’ll accrue 100% of your Stock Award for that month.
  • Hit 50% of the targets? You’ll earn 50% of the Stock Award for that month.
  • Hit 10% of the targets? You’ll earn 10% of the Stock Award for that month.

Your Stock Award is paid out in full at the end of the year, but you’ll accrue it monthly based on your results.

For additional questions about teaching in Real Academy:

  • Please send an email to Natalia with the Real Academy Team:  natalia@therealbrokerage.com 
  • If you are working toward reaching the Cultural Award by teaching in Real Academy and have questions on your current Elite Cultural Award status, Natalia can help you with this!

Earning the Cultural Award by being a Designated Division Leader:

This specific track of the Cultural Award honors those who have already proven their commitment to excellence as Division Leaders and recognizes their high-level contributions to building and maintaining specialized divisions within the company.

Eligibility Criteria

To qualify for this specific pathway to the Cultural Award, an individual must meet the following requirements:

  • Role Distinction: Must be a designated Division Leader. General division members are not eligible for this specific award process.
  • Active Division: Must lead one of the currently recognized divisions:
    • Luxury Division
    • Real Military Division
  • Elite Status: The leader must reach Elite Status during their leadership tenure.
    • Tenured Leaders (6+ Months): Leaders who achieve Elite Status and have served in their leadership role for six months or more will be issued their award the following month.
    • Newer Leaders (Under 6 Months): Leaders who have achieved Elite Status but have served for less than six months will qualify for the award immediately; however, the award will be officially issued one month after they reach their six-month service anniversary in the role.


 

Related articles