We live in a very competitive world, especially when it comes to the real estate market. But as soon as your real estate transactions start to slow down, it can quickly hinder your motivation to keep doing what you are doing. So what is the solution? Working alongside a 100% commission broker. Let’s see why.
Since most brokerages ask their agents to split their commissions, if you don’t have enough sales, you may have to compromise on your lifestyle until you reach your target. But what if we told you there is one way to get the maximum income possible, even if you have fewer deals and clients? By working with a 100% commission broker, you can have more money to account for the hours you spend closing a deal.
While the 100% commission broker model has been around for some time, they have only recently become a popular choice amongst agents. Let us check out what it means to work under a 100% commission brokerage like NB Elite Realty and how it can help you achieve your goals.
100% Commission Structure: How Does It Work? What Does It Mean?
As the name suggests, a 100% commission plan allows real estate agents to keep all their commission earned on the sale minus small transaction fees and other standard costs. Unlike a traditional brokerage, where you must split your commission 80/20 or 90/10 with your broker, NB Elite Realty allows you to retain more of your hard-earned money.
For example, if the total commission for your $950,000 transaction is around $28,500 with a $999 closing fee in a 100-commission brokerage like ours and $5,700 in a traditional 80/20 split brokerage, you’ll save significantly with us, as you can see in the reference image. This saving goes a long way in helping you earn more under the 100% commission structure, even with fewer successful transactions.
Therefore, at NB Elite Realty, we ensure our agents earn more from each deal and keep growing their income and reputation in the real estate market. Besides, our founder, Nebo Bandovic, encourages and educates all agents to invest that extra income into real estate and achieve financial freedom. We understand that your hard work deserves full reward, and our team helps you with just that.
Advantages Of Joining NB Elite Realty
The biggest advantage agents get by working with us is the incredible return on their investment in terms of their overall hard work. As we discussed above, it doesn’t matter what the current market condition is; real estate agents working under a 100% commission broker will make significantly more income per transaction than a traditional split.
NB Elite Realty is a full-service brokerage that offers all agents the power to earn more without compromising the level of care and attention they get at a traditional brokerage.
We provide our agents with all the resources they need to expand their earnings and brand while working on their skills. With hands-on education courses available at your fingertips, there is nothing you won’t be prepared for when you finally enter the field. As an experienced agent, you can make a brand without sticking to your broker’s schedule, giving you complete freedom and total control over your career.
Contact NB Elite Realty Today For More Information!
At NB Elite Realty, our team understands how much effort an agent takes to close a sale successfully. This is why we work on a 100% commission model, which allows agents to get fair compensation for all the effort they’ve put in. Moreover, our founder, Nebo Bandovic, has years of experience working in real estate.
He and our other experienced professionals can help guide you through the process quickly, ensuring you become a high-performing agent in no time. If you want to learn more about how 100% commission models work or want to join our firm, please call us at 844-444-6237. We will be more than happy to address your concerns.