Florida real estate is thriving. Agents are shifting their focus in this market to make more income. But, traditional brokers often demand a significant portion of the agent’s earnings to keep their business afloat. For this reason, many new and experienced agents are looking for better ways to maximize their earnings without unnecessary overheads. Here at NB Elite Realty, we are emerging as a game-changer business, allowing agents to retain more of their hard-earned money without compromising on the support and services offered. This blog discusses the typical real estate broker in Florida salary and how it can affect your income and growth prospects.
How Traditional Brokers Earn in Florida
Well, most traditional real estate brokers earn on a commission-basis. Whatever deals the agents close, the commission they receive is split with the brokerage. Generally, there is an 80/20 or 90/10 commission split, which means the agent gets to keep 80% or 90% of their earnings and share the rest of the 20% or 10% with their brokerage.
But it doesn’t end here. Some broker firms also have additional costs, including transaction fees, franchise fees, and desk fees, which further reduce the agent’s take-home income. Not only is it disheartening, but it also limits the agent’s growth potential.
Enter NB Elite Realty’s Unique Business Model
NB Elite Realty isn’t your traditional broker firm. We are a new-age brokerage with a zero-commission split model, allowing all agents to keep 100% of their earnings in their pocket. We do not have unreasonable splits and additional costs, and you can enjoy all your income without pouring a substantial share into our brokerage.
Ideally, a real estate broker in Florida salary depends on commissions and other fees. It is also based on the number of transactions closed every year, location, years of experience in the industry, and overall reputation.
So, as traditional firms make heavy profits under the commission-split model, typically around six figures, that too on the higher side, agents lose a large portion of their income. This isn’t the case with us.
What Makes Us Different?
We charge a flat annual (called membership) fee and transaction fee, but these costs are nominal. With just $295 every year in membership fees and transaction fees starting from $249 for a $200,000 home, we can keep our business running smoothly while you can keep more money to yourself.
There are no service compromises from our end, and you can upscale and grow your business with absolute freedom. Also, there is no financial strain from our brokerage and no unnecessary overheads, but a simple and sophisticated model where agents can thrive.
Click here to learn how we utilize the annual fee collected from you to provide you with the needed benefits. We aim to help the entire NB Elite Realty team scale their earnings without the stress of traditional brokerage expenses. We have zero overhead costs, which is our USP. Under NB Elite Realty, you pay zero unnecessary fees but can expect 100% support to level up your skills and earnings.
Many professionals are making the switch because real estate broker in Florida salary is revolutionizing. Agents can now keep everything they earn to themselves and re-invest in growing their business. Our head broker and investor, Nebo Bandovic, also offers investment mentorship so you can create a diverse income stream. Since you’re also well-versed in the industry, you can utilize this market understanding to invest in advantageous opportunities. It will add to your income and help you build long-term portfolios.
With no unnecessary splits or costs cutting into your profits and proper investment mentoring, you can carve out a profitable career for yourself. You will be able to focus on closing deals more effectively and creating your own brand and team. Also, when you compare traditional real estate broker in Florida salary with 100 commission structures, you’ll see how there are more advantages with the latter model.
Contact NB Elite Realty to Learn More
If you’re a real estate agent looking to level up your career, NB Elite Realty can be the brokerage you’re looking for. We can help you increase your income and reduce unnecessary expenses. Our 0% commission model and 0-fee program is a game-changer in today’s competitive real estate landscape. Reach out to us at (844)444-6237 to know more.