What happens when you hit your commission cap?
I moved my business to eXp in August of 2021 and by the middle of November, I hit my commission cap. So now until my anniversary date of August 1st, 2022, I’ll receive 100% of the commission I bring in.
With eXp, after you cap, and close another 20 transactions before your anniversary date, you receive the $16,000 cap back in company stock. Then in March 2022, I became an ICON agent. I also have over $4,000 in stock after just a few months with eXp, I’m so excited to add that revenue to my investment portfolio.
I believe everything happens for a reason, and I needed to be where I was for so long to get to where I’m at now, but looking back, I can’t believe that I paid an 8% Franchise fee on every transaction and didn’t have a commission cap! I was leaving so much money on the table. I didn’t realize there was a better way.
If you’re in Real Estate anywhere and you don’t have a commission cap, and if you’re on less than an 80/20 split, we should talk. If you are paying a Franchise fee with every transaction, are you seeing a return on that?
We can help you design a business you love with impact and freedom and help you save for your retirement.
Office: (920) 945-0113