top of page

Profit Share Plan Chart

PROFIT SHARE

Your Passive Income Source

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 applicable only when there is a profit share to be paid.

​

To receive a profit share, both the sponsoring agent and the sponsored agent must be enrolled in the 'Profit Share Program' and qualify as 'Qualifying Agents.

​

SAMPLE CALCULATION

 

Earned Commission - 6% Franchise fee

= Gross Commission

 

Example

$15,000 (Earned Commission) - 6%

= $14,100 (Gross Commission)

​

​

Tier 1 Profit Share

$14,100 X 3% = $423

​

Tier 2 Profit Share

$14,100 X 2% = $282

​

Tier 3 Profit Share

$14,100 X 1.5% = $211.50

Qualifying Agent
  1. ​To achieve the status of a 'Qualifying Agent,' an agent must complete either one sale every six months or the first two sales within a year.

  2. To achieve the status of a 'Qualifying Sponsor Agent,' an agent must also complete either one sale every six months or the first two sales within a year.

  3. The status of 'Qualifying Agent' or 'Qualifying Sponsor Agent' is earned on the closing date of the sale, initiating profit-sharing and profit-earning, which continues until the subsequent qualifying sale.

Qualifying Sale
  1. ​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.

  2. A 'Qualifying Sale' refers to a fully executed transaction in which the company receives a commission based on the agreed-upon split with the agent.

  3. An agent's primary residence sale and capped commissions from other companies do not count as 'Qualifying Sales.'

  4. In cases of co-listings or co-agent sales, the qualification is prorated based on the percentage of commission earned, and thus, these sales are not considered fully 'Qualifying Sales'.

  5. The rental does not qualify as a 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

​

Profit Sharing Period

1 Year

4/10/24 Closing

New Qualifying Begins

1/31/25

Qualifying

Ends

Profit Sharing Period

1 Year

1/31/25

Qualifying Ends

Profit Share Potential Income

Given that there is only one agent per Sponsor Agent

* This chart is for illustrative purposes only, and the actual profit share may vary depending on the agent’s productivity.
* The profit share for each tier is paid based on the number of Qualifying Agents on Tier 1. 

Profit Share Simulation

profit share chart 4.20.24.png

* 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%.

201-891-8000, remaxnow23@gmail.com

460 Bergen Blvd. Suite 120 Palisades Park, NJ 07650

​

*  Each office is independently owned and operated.

* The potential profit share income is for illustrative purposes only.

* Not all agents will earn passive income, and compensation may vary based on an agent's recruiting productivity.

* This website is a marketing platform designed to recruit real estate agents and is not intended for the general public. 

reamx now white no background 1.png
bottom of page