The Financial Advantages of Joining REAL Broker
As a real estate professional, one of the most critical decisions you'll make is choosing the right brokerage to partner with. This choice can significantly impact your earnings, professional growth, and overall career satisfaction. REAL Broker offers a unique model that provides substantial financial advantages compared to traditional brokerages. In this article, we'll dive into these benefits, focusing on low fees, high commission splits, and stock options.
Low Fees
One of the primary financial benefits of joining REAL Broker is the low fee structure. Traditional brokerages often come with a slew of fees that can quickly add up, eating into your hard-earned commissions. These may include desk fees, technology fees, transaction fees, and more.
At REAL Broker, the fee structure is designed to be straightforward and agent-friendly. Here's a breakdown:
Transaction Fees: REAL Broker charges a nominal transaction fee per deal, which is significantly lower than the industry average.
Monthly Fees: The monthly fee covers essential services, including access to the latest technology tools, training, and support. This fee is typically lower than the cumulative fees charged by traditional brokerages.
Cap Structure: REAL Broker has a commission cap, meaning once you reach a certain amount in fees, you keep 100% of your commissions for the remainder of the year.
High Commission Splits
Commission splits are a crucial factor when evaluating a brokerage. Traditional brokerages often start agents on lower splits, gradually increasing them based on performance. This can be discouraging, especially for new agents trying to build their business.
REAL Broker offers competitive commission splits from the start, allowing agents to retain a more significant portion of their earnings. Here’s how it works:
Generous Splits: REAL Broker typically offers an 85/15 split, where agents keep 85% of their commission. This is higher than many traditional brokerages, which might start agents on a 60/40 or 70/30 split.
Capping Structure: Once agents hit their annual cap, they move to a 100% commission split for the remainder of the year, maximizing their earnings potential.
Stock Options
In addition to competitive splits and low fees, REAL Broker offers stock options, which can significantly boost your financial growth. Traditional brokerages rarely provide opportunities for agents to become equity holders in the company.
REAL Broker’s stock options include:
Equity Awards: Agents earn stock awards upon reaching certain milestones, such as their first transaction each year or when they cap.
Agent Equity Program: Agents can opt to receive a portion of their commission in stock at a discounted rate, allowing them to build equity in the company over time.
Revenue Share Program: Agents can earn additional stock through the revenue share program by attracting other agents to join REAL Broker.
Comparing to Traditional Brokerage Models
When comparing REAL Broker's financial benefits to traditional brokerage models, the differences are stark.
Fees:
Traditional: High desk fees, technology fees, and other miscellaneous fees.
REAL Broker: Low transaction fees and a single monthly fee covering essential services.
Commission Splits:
Traditional: Lower starting splits, gradual increases based on performance.
REAL Broker: High initial splits with the potential for 100% commission after capping.
Stock Options:
Traditional: Typically no stock options or equity programs.
REAL Broker: Stock awards, agent equity program, and revenue share program.
Example :
Consider Jane, a seasoned agent at a traditional brokerage, starting at a 70/30 split and paying $500 monthly in desk fees. In her first year, she earns $100,000 in commissions. After splits and fees, she takes home approximately $55,000.
If Jane were at REAL Broker, starting on an 85/15 split with lower fees and capping at $12,000 annually, she would keep significantly more of her earnings. Assuming she caps and moves to 100% commission, her take-home pay would be closer to $83,000. Additionally, she would have stock options, adding to her long-term financial growth.
Joining REAL Broker offers substantial financial advantages over traditional brokerage models. With low fees, high commission splits, and stock options, agents can maximize their earnings and build equity in their careers. These benefits, combined with REAL Broker's supportive and innovative environment, make it an excellent choice for real estate professionals looking to enhance their financial future.
Are you ready to take advantage of these financial benefits and grow your real estate career with REAL Broker? Schedule a free 1-on-1 video call today to learn more and start your journey toward a more prosperous future.
Let’s build your success together with REAL Broker!
