For real estate agents, commission splits and structures are some of the most important aspects to consider when selecting a real estate brokerage to work with.
The amount you’ll have to pay varies widely based on the brokerage. More often than not, if the brokerage offers greater career support, they come with a higher percentage cost.
You’ll want to find a brokerage that offers the lowest commission splits while still providing resources to help you in your career.
We’re here to help.
I’ve compared the 3 best commission split in real estate, listing nationwide brokers that you’ll be able to join regardless of where you’re located.
So let’s get into it.
The 3 Best Commission Split in Real Estate
The top 3 best commission paying firms in real estate are:
Let’s take a look at each option.
Keller Williams
With a presence across the US, Keller Williams is one of the best real estate agencies to work with if you’re looking for a great commission structure and career support.
Working with Keller, you’ll get a 64% piece of the pie all to yourself. 30% covers office and other expenses, while the remaining 6% goes to Keller itself.
The 6% royalty is also capped at $3,000 per year, so you’ll be able to take home a larger share if you bring in more sales.
To be sure, you’ll have to pay certain fees for the software, resources, and furniture they offer. This can vary between $100 to $200, depending on the region you’re operating in.
What’s great is that the commission split isn’t the only plus point at Keller Williams. They also offer a wide range of resources and support that’ll help you advance your career.
With over 2,000 online on-demand learning modules and hours of live and streamable video content, you get a wealth of learning experience both on and off the field.
Here, you’ll get access to continuing education courses, learn from experienced realtors, get practical guidance to improve your real estate game, and much more.
It doesn’t stop there. Keller even gives you your own site with their software. This will help you pull in leads to maximize your sales - plus, you’ll get access to several marketing tools and tricks.
So if you’re looking for a great commission split, without having to sacrifice greater support and resources, Keller Williams is your best bet.
If you’re looking for a broker with a nationwide presence that allows customizable split structures, RE/MAX is a real estate company you wouldn’t want to ignore.
Starting off, RE/MAX offers a 95/5 commission split, with desk charges and other expenses added on as a monthly fee.
This means you’ll take home 95% of the profits of every sale you make, while only 5% goes to the broker fees.
However, the monthly charges can be a pain to deal with. Most agents don’t want to face a significant monthly bill to pay for desk charges.
This is where RE/MAX offers its RE/MAX Alternative Payment Plans or RAPP for short. This plan bundles in all the charges you’ll face into a commission structure with 3 different tiers.
You can either choose:
80/20 commission split
70/30 commission split
60/40 commission split
The broker fees are capped at $23,000 a year with these plans, after which you’ll be automatically transferred to the standard 95/5 split structure.
But why choose a higher split structure?
Well, RE/MAX offers greater resources depending on the structure you choose to select.
The RE/MAX University offers a variety of on-demand courses you can take on your own time, with additional live-streamed classes and webinars to offer you greater support along your real estate journey.
You’ll also get access to their Design Center that offers an easier way to create mailing lists and attract leads online. It has features that make it perfect for beginners to get started. This will help you boost your marketing game, and lead to greater sales overall.
So if you’re looking for more choices and freedom, RE/MAX might be the agency for you.
eXp Realty is a virtual brokerage with a ton of experience They offer a way for agents to work on their own without having to deal with the office troubles of a traditional brokerage.
If you’re a self-starter and independent agent, then eXp Realty is a great fit with its unique online structure.
However, you won’t have a choice to pick a commission structure as eXp only offers an 80/20 split.
The good news is that you can keep most of your earnings to yourself. The commission is capped at $16,000, allowing you to enjoy 100% of the profit if your raking in enough sales.
Keep in mind, though, that you’ll have to pay a $250 fee for 20 additional transactions conducted after you exceed your cap. This makes the split a bit confusing.
Monthly fees are also not included in the commission split, which will cost $85 a month. A one-time starting fee of $150 (inclusive of monthly fees) will have to be paid for your website, business cards, and initial admin costs.
And, you get extra resources to up your marketing skills with lessons designed for new and old agents. If that’s not enough, you can access their library of different online videos and courses to help advance your career and get done with any mandatory learning requirements in your state.
Despite being a virtual brokerage, you can still engage with senior agents and peers through virtual meetups.
So if you appreciate greater control and don’t mind the virtual environment, eXp is a great agency to consider.
Conclusion
So there you have it - a list of the top brokerage firms to choose from if you’re looking for the best commission split in real estate.
Whichever brokerage you select on this list, you can rest assured that you’ll be in the hands of reputable, experienced, and helpful agencies.
Good luck!