Own a piece of your business.
Real Broker LLC offers agents three different stock plans for their agents: These include the agent stock purchase plan, the capping & attracting stock awards, and the prestigious Elite Agent stock award.
1. Purchase REAL stock at a discount with commissions
Real Broker agents in Calgary are able to have 5% of their net commissions paid out in stock. Real will grant 25% worth of additional shares one year after the transaction at no cost to agent. After capping, agents can have 10% of net commissions paid out in stock up to a maximum of $15,000/year. Real will grant 50% worth of shares one year after transaction at no cost to agent.
2. Earn stock by capping and attracting agents
When an agent caps, the agent will be granted shares in stock. When an agent directly attracts another agent to the company, and upon the attracted agent’s completion of the first transaction, the attracting agent will be granted shares in stock. Both will have to remain in good standing throughout the vesting period.
3. Elite Agent stock awards
Agents can earn Elite Agent status if they reach specific production benchmarks. Once you earn this status, you are granted shares in stock and become eligible to earn more shares in stock through different cultural benchmarks.
Calgary Real Estate Revenue Share | Real Broker
5-tier revenue share plan
Earn 5% revenue share (to a maximum of $4,000 per capping agent) from REAL BROKER LLCs portion of the brokerage splits. Unlock additional tiers as your network grows within the brokerage.
REFERRAL BONUS GCI % | NUMBER OF TIER 1 REQUIRED TO UNLOCK TIER | MAX/AGENT PER YEAR | |
---|---|---|---|
Tier 1 | 5% up to annual cap | 1+ producing agents | $4,000 |
Tier 2 | 4% up to annual cap | 10+ producing agents | $3,200 |
Tier 3 | 3% up to annual cap | 15+ producing agents | $2,400 |
Tier 4 | 2% up to annual cap | 20+ producing agents | $1,600 |
Tier 5 | 1% up to annual cap | 25+ producing agents | $800 |
Elite Agent Program
Agents who achieve exceptional sales volume and embody the core cultural values
of Real are offered the opportunity to earn Elite Agent status.
● To earn Elite Agent status, one of the following benchmarks need to be met:
○ Pay the full annual cap AND generate $9k in post cap transaction fees OR
○ At least 10 completed transactions with a sold price over $1M each
● Upon achievement of the production benchmark, the Elite Agent will be
awarded $16,000 in stock
○ Shares are Restricted Stock Units with a 3 year vesting period*
● Elite Agents are also eligible for an additional cultural stock award
○ For the 2020/2021 Elite Agent program, the cultural benchmark is defined
as giving back to the entire agent population by teaching monthly topics at
the Real Academy
○ Upon achievement of the cultural benchmark, the Elite Agent will be
awarded an additional $8,000 in Restricted Stock Units with a 3 year vesting
period*
* The agent will have to remain in good standing with the company throughout the vesting period.