Real Estate Agents/Brokers are paid through commission. It is important to understand how different commission structures function. At the end of the day, it's how the bills get paid by the Agent/Broker. Typical brokerages operate with some variation of commission splits and possibly additional fees. This structure is where the brokerage company will take a percentage of the total commission and the Agent/Broker will receive the remainder. So what is a 100% commission structure?
100% Commission Structures. How do they function?
Does a 100% commission structure work as it sounds? In a general sense, yes. When an Agent/Broker joins a brokerage company that offers a 100% commission model, they will receive 100% of the commission from each transaction. Commonly, there is a monthly fee paid by the Agent/Broker and possibly additional fees due with each closing. As a real estate Agent/Broker, it's important to consider if your business benefits more from a typical split or a 100% commission plan.
100% Commission Real Estate Brokerages
There is no shortage of Brokerages offering a 100% Commission Model. There are a select few which do it successfully. Realty First is one of these select few. With a focus of viewing Agents/Brokers as business owners, rather than a cog in the Brokerage machine. It is our view that these business owners need to reinvest in their own business by keeping more money in their pocket. Realty First has been highly rated by people witnessing that this 100% model works for their business. At Realty First, your pay $119.99 per month without any hidden fees. The small monthly fee is a minor concession that also comes with a full suite of tools including:
Skyslope, Digisign, Brokersumo, E&O, and more
Optional leads, IDX website, and office space
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