Similar to Keller Williams, eXp Realty also offers a revenue-sharing program for agents you recruit to join the brokerage. The eXp Realty commission structure is simple and easy to understand. A focus on recruiting can be tiresome for agentsĮXp Realty Revenue & Commission Structure.Revenue sharing makes recruiting lucrative.No in-person support or mentoring is available.A commission structure very advantageous to new or part-time agents.A massive library of on-demand training materials.Corporate leaders, all the way down to local franchise officials consistently refer to this aspect of the company’s culture. This sort of client-centric focus is great for new agents who are still learning the ropes as far as interaction, sales, and best practices. They live this value with something they call “Big Blue Culture,” which can best be summarized as a “relentless pursuit of the best possible client experience.” Throughout our analysis of Coldwell Banker company culture, we kept coming back to the same phrase: client-focused. If the 8% franchise fee is a deal-breaker for you, consider Keller Williams (no franchise fee after you hit cap) or eXp Realty (no franchise fee at all).
Universal 8% per commission franchise fee even after you hit cap.
No company-wide policy for cap, split, or desk fees all are negotiated at the local level on an agent-by-agent basis. Excellent companywide events and conferencesĮven though the commission and fees at Coldwell Banker are reasonable, they aren’t anything to write home about. Fantastic new agent onboarding programs. Not many internal lead generation options. Profit-sharing at Keller Williams is multilevel, meaning that if the person you recruited turns around and successfully recruits other agents, you’ll see a portion of the company’s share of their sales too. Profit-sharingĪgents can also receive a secondary commission when someone they recruit closes a sale, something the company labels “profit-sharing.” If someone you invite to the company closes a sale, whether they’re a member of your team or not, you get a piece of the company’s share of the commission. Once you hit the cap, you keep 100% of your commission-no hidden fees, no sneaky percentages-that’s it. When an agent receives a pre-cap commission, they keep 64% of it, 30% goes to the Market Center, and 6% goes to the national brand as a franchise fee. Keller Williams agents at each office have the same cap it doesn’t matter if you are a 20-year veteran or a brand-new agent. The cap is a certain amount of money that each agent will pay to Keller Williams to support the company at large.Įach Market Center has its own cap, determined by local market conditions, operating expenses, and so on. Each Keller Williams office (or, as they call them, Market Center) has what’s called a cap.
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