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Updated almost 3 years ago on . Most recent reply
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What is Revenue Share?
Revenue Share is where a brokerage shares its earnings with its agents for helping to grow the company. This is a win-win because the broker can pay agents rather than spend money on advertising to grow the business. This is a great way to retain and reward agents!
Generally, revenue share is paid from the brokerage to the agents based on the gross commission income earned by agents you introduce to the company.
Now, the real power of Rev-share is that:
1. There is no limit to how many agents you can introduce and the revenue share you can earn.
2. Attracting agents isn't limited to your local area: agents you introduce can be located anywhere in the USA!
3. If agents you introduced also introduce agents, you can receive a revenue share for up to seven tiers of agents - and you didn't even do any work to introduce those agents!
The true power of revenue share comes into play when the agents you introduce start bringing other agents to the brokerage and so on. Your workplace goes down while your income goes up! Think about the rev share of agents that are already directly responsible for hundreds of agents coming to the brokerage!
What are your thoughts?