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Atlantic Real Estate Brokers takes a unique approach to agent compensation. Instead of the traditional percentage split, we offer a flat fee broker split based on sale price tiers. This structure allows the agents to retain a greater share of their commission.
Further, the broker split is capped at $10,000 every 12 months of the agent’s active employment with the brokerage. The agent retains 100% of the commission after $10,000 has been reached. As additional incentive, agents receive a referral bonus of $1,000 for each successfully recruited agent (applied to the annual cap.)
E&O insurance premium is paid by the broker. No franchise, technology or additional transaction fees are charged to the agents.
| Sale Price Minimum | Sale Price Maximum | Broker Split |
|---|---|---|
| $1.00 | $249,999 | $500 |
| $250,000 | $499,999 | $750 |
| $500,000 | $999,999 | $1500 |
| $1,000,000+ | $3,000 |
Compare our Compensation to the Traditional Percentage Split
A single side at a 2.5% commission on a $350,000 sale, the agent retains $8,000 ($8,750 – $750 broker split). Compare to traditional broker splits:
60%/40% split: agent retains $5,250 less franchise/transaction fees ($2,750 difference per side).
70%/30% split: agent retains $6,125 less franchise/transaction fees ($1,875 difference per side).
80%/20% split: agent retains $7,000 less franchise/transaction fees ($1,000 difference per side).
A single side at a 2.5% commission on a $750,000 sale, the agent retains $17,250 ($18,750 – $1500 broker split). Compare to traditional broker splits:
60%/40% split: agent retains $11,250 less franchise/transaction fees ($6,000 difference per side).
70%/30% split: agent retains $13,125 less franchise/transaction fees ($4,125 difference per side).
80%/20% split: agent retains $15,000 less franchise/transaction fees ($2,250 difference per side).
A single side at a 2.5% commission on a $1,500,000 sale, the agent retains $34,500 ($37,500 – $3000 broker split). Compare to traditional broker splits:
60%/40% split: agent retains $22,500 less franchise/transaction fees ($12,000 difference per side).
70%/30% split: agent retains $26,250 less franchise/transaction fees ($8,250 difference per side).
80%/20% split: agent retains $30,000 less franchise/transaction fees ($4,500 difference per side).[/vc_column_text][/vc_column][/vc_row]