*RKR
- 90% Pure Split Rental or Sales
- 10% Uncapped Profit sharing split on sponsored recruits
- $0 monthly fees
- Minimum commission on rental:$150
- Minimum commission on sale :$500
REMAX
95% Split Rental or Sale/ 5% Transaction Fee per deal
Each agent typically pays a monthly co-operative advertising fee
Each agent is typically billed a set of fixed amounts
A) BrokerManagement Fee- covers cost of brokerage including broker profit margin.
B) Shared OfficeExpense- If there are 20 agents in the office and rent, staff, payroll, phone, etc… is $100,000 a year. That would mean a $5,000 per agent share of the office expense.
So, lets say the total cost to you as a REMAX agent is $15,000 per year plus the 5% transaction fee. If you are an agent that generates $50,000 Gross Commission Income (GCI) per year, the actual split of commission would be a 65/35 split
Gross Commission: $50,000
Transaction Fee 5%: $2500
Est. Office Expenses : $15,000
REMAX Charges : $17,500 (35 %)
You Keep :$32,500 (65 %)
If you are a REMAX agent that generates $ 75,000 Gross Commission Income (GCI) per year, the actual split of commission would be a 75/25 split
Gross Commission: $ 75,000
Transaction Fee 5%: $3,750
Est. Office Expenses : $15,000
REMAX Charges : $18, 750 (25 %)
You Keep : $56,250 (75 %)
If you are a REMAX agent that generates $ 100,000 Gross Commission Income (GCI) per year, the actual split of commission would be a 80/20 split
Gross Commission: $ 100,000
Transaction Fee 5%: $ 5,000
Est. Office Expenses : $ 15,000
REMAX Charges : $ 20,000 (20%)
You Keep : $ 80,000 (80 %)
If you are a REMAX agent that generates $ 150,000 Gross Commission Income (GCI) per year, the actual split of commission would be a 85/15 split
Gross Commission: $ 150,000
Transaction Fee 5%: $ 7,500
Est. Office Expenses : $ 15,000
REMAX Charges : $ 22,500 (15%)
You Keep : $ 127,500 (85 %)
If you are a REMAX agent that generates $ 300,000 Gross Commission Income (GCI) per year, the actual split of commission would be a 90/10 split
Gross Commission: $ 300,000
Transaction Fee 5%: $ 15,000
Est. Office Expenses : $ 15,000
REMAX Charges : $ 30,000 (10%)
You Keep : $ 270,000 (90 %)
You would need to gross $300,000 a year at a typical REMAX to equal the 90/10 compensation structure offered at RKR.
The RKR 90 % Pure Split Plan has no junk fees,low minimum production levels and offers an uncapped recruiting structure that allows you to build a team and earn unlimited residual income.
Rutenberg
90% Split Rental/ 100% Split Sale
Each agent typically pays a $39 Monthly Fee
Each agent typically pays a $330 Transaction Fee on any sale closing
($280 commission plus $50 E & O ins.)
No Profit sharing Plan
The RKR Plan saves you $39 a month and offers you the added benefit of earning 10% of the gross profits generated to RKR through sponsored recruits.
Exit
70% Split Rental or Sale/ 30 % Transaction Fee per deal
After reaching $100,000 in annual sales volume split is adjusted to 90/10
You would need to gross $100,000 a year at a typical Exit to equal the 90/10 compensation structure offered at RKR.
Exit has a $295 per year annual membership fee.
RKR has a $0 per year annual membership fee.
Exit offers a 10% recruit residual (capped at 10k per yr), a 7 % recruit residual at retirement and a 5 % recruit residual paid to your beneficiary upon your demise.
RKR offers a straight 10% UNCAPPED recruit residual
The RKR Plan saves you $295 a year , pays you a 90 % split with low minimum production levels and offers an uncapped recruiting structure that allows you to build a team and earn unlimited residual income.
Realty Connect
90% Split Rental/ Sale
Each agent typically pays a $100 Monthly Fee
No Profit sharing Plan