For a real estate agent operating in the commercial division, compensation is one of the major factors influencing their professional success. However, since traditional brokerages take away a significant cut from the agent’s commission, professionals have diminished earnings and growing frustration. Brokerages like NB Elite Realty are transforming how agents earn and grow in this sector. They follow an innovative commercial real estate broker compensation model so agents can keep more of their income to themselves and access top-tier resources. Here’s how the old and new compensation models compare to each other.
Traditional Brokerages
Traditional real estate brokerages operate on a commission-split structure, ideally with an 80/20 or 90/10 splitting ratio. This means you must split a significant portion of the commission every time, whether it is a smaller or larger transaction.
In addition to commission splits, traditional brokerages also charge desk, marketing, and franchise fees. It reduces the take-home income, leaving many agents unsatisfied. After all this, there can be a lack of flexibility as agents must work under restricted environments and agreements, limiting their independence.
Indeed, traditional brokerages offer immense support, office space, and branding materials, but giving away a significant portion of each transaction’s commission doesn’t seem reasonable in today’s competitive business landscape.
Enter NB Elite Realty
If traditional commercial real estate broker compensation bothers you, a smarter alternative exists. At NB Elite Realty, we believe in putting more money in the hands of those who earn it. Therefore, we deploy a 100% commission model so agents retain the full value of their deals while paying only nominal fees for essential services.
How does our compensation structure work? We have a 100% commission model, which means every dollar of your commission belongs to you regardless of the transaction amount. We do not unnecessarily charge desk, franchise, marketing, or other similar fees, reducing your earnings.
Our commercial real estate broker compensation model requires you to pay a low-cost membership fee of $29 per month or $295 yearly and gain access to comprehensive agent-specific solutions. In addition to this, we have a minimal transaction fee, which is literally a fraction of what traditional brokerages charge.
This allows you to keep 100% of your commission and pay a set fee to budget more effectively. In exchange, we offer cutting-edge lead generation and CRM tools and platforms, marketing support, cloud-based document storage, a VIP investment program, 24/7 agent portal access, and the necessary training resources, so you have everything at the click of a button and thrive without unpredictable fees and commissions splits.
In short, you pay the same transaction fee as residential transactions with NB Elite Realty. In some cases, you even pay $0, unlike how you’d keep splitting in traditional brokerages.
Also, since you aren’t losing a significant amount of every sale, you get to keep more capital to yourself and reinvest that amount in your business growth. This new-age commercial real estate broker compensation model benefits individual agents and teams looking to expand. You aren’t financially tied to the brokerage and can easily take charge of your career while still leveraging essential broker support.
Partner With Us for Assistance
Nebo Bandovic, an industry veteran, leads the commercial division at NB Elite Realty. He familiarizes all agents on how to level up their success in such high-value transactions. Nebo possesses 30+ years of commercial real estate expertise and holds a multi-million dollar portfolio in land acquisition, retail centers, and complex commercial deals.
When you partner with NB Elite Realty, you learn from experts and gain in-depth know-how to close bigger deals more effectively. NB Elite Realty’s team also provides state-of-the-art infrastructure so you can streamline your business.
Where a traditional brokerage might have an 80/20 or 90/10 commission split, high and variable transaction costs, expensive desk and franchise fees, limited flexibility, generic training, and lead generation tools at additional cost, NB Elite Realty is the exact opposite. We have a 100% commission commercial real estate broker compensation. We charge a fixed fee (no desk, franchise, training, or lead generation fees) and offer complete independence.
If you are ready to maximize your commissions and take your career to the next level, make the shift now. The industry is evolving, and as an agent, you no longer have to settle for obsolete compensation models. Gain full financial freedom and scale your success without sacrificing your earnings. Call (844)444-6237 for details.