Profit Share Plan Chart
PROFIT SHARE
Your Passive Income Source
The profit share program is available exclusively to agents enrolled in the “Profit Share Split” program.
Participation requires enrollment by both the sponsoring agent and the sponsored agent.
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The revolutionary profit-sharing model is a method designed to reward agents for recruiting new agents to our company. When a newly recruited agent acknowledges you as their ‘Sponsor Agent,’ you then earn 3% of the agent’s gross sales production as long as the agent remains with the company.
If the agent you recruited brings another agent to the company, that new agent falls into the second tier of the compensation structure. You also receive 2% of their gross commission at this level. Remarkably, this profit-sharing opportunity extends up to seven levels.
The profit share is paid directly from the company’s revenue without affecting the agent’s commission. Agents receive this compensation on a quarterly basis, with a $250 processing fee. This fee applies only when there is a profit share to be paid.
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SAMPLE CALCULATION
Earned Commission - 6% Franchise fee
= Gross Commission
Example
$15,000 (Earned Commission) - 6%
= $14,100 (Gross Commission)
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Tier 1 Profit Share
$14,100 X 3% = $423
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Tier 2 Profit Share
$14,100 X 2% = $282
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Tier 3 Profit Share
$14,100 X 1.5% = $211.50
Qualifying Agent
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​To achieve the status of a 'Qualifying Sponsored Agent,' an agent must complete either one sale every six months or the first two sales within a year.
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To achieve the status of a 'Qualifying Sponsoring Agent,' an agent must also complete either one sale every six months or the first two sales within a year.
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The status of 'Qualifying Agent' is earned on the closing date of the sale, initiating profit-sharing and profit-earning, which continues until the subsequent qualifying sale.
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The qualifying sale and agent: Must be listed, closed, and earned commission under the same agent and cannot be shared, assigned, or transferred for the purpose of qualifying credit.
Qualifying Sale
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​The first sale in each six-month period or the first two sales within a year are considered 'Qualifying Sales,' marking the start of profit-sharing.
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A 'Qualifying Sale' refers to a fully executed transaction in which the company receives a reasonable commission of 2% or more, based on the agreed-upon split with the agent.
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An agent's primary residence sale and capped commissions from other companies do not count as 'Qualifying Sales.'
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For co-listings or co-agent sales and referrals, the qualification is prorated based on the percentage of commission earned; thus, these sales are not considered fully 'Qualifying Sales'.
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The sale used to qualify an agent does not count toward the profit share. Profit share begins with sales and rentals made after the qualifying sale date.
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The rental and business sales do not qualify as a qualifying sale.
2/1/24 Closing
Qualifying Begins
7/31/24
Qualifying Ends
Profit Sharing Period
6 Months
2/1/24 Closing
Qualifying Begins
4/15/24
2nd
Closing
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Profit Sharing Period
1 Year
1/31/25
Qualifying
Ends
Profit Sharing Period
1 Year
1/31/25
Qualifying Ends
Profit Share Simulation
* This chart is for illustrative purposes only, and the actual profit share may vary depending on the agent’s productivity.
* The profit share is paid directly from the company’s revenue and does not impact the agent’s commission.
* The profit share is paid quarterly (every three months), and a processing fee of $250 applies.
* Gross Commission = Earned Commission - Franchise fee of 6%.