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Joining a Team at Real

Which Cap Applies When You Join a Team at Real, and Who Your Sponsor Is

Updated

Bottom line: On a Real team, two caps apply: Real's company cap and a team cap your team leader sets, with Real's minimum tied to the company cap you choose. Your sponsor is a separate choice you make at signing.

Talk to our concierge directorSibel Caliskanlar Cope, Concierge Director

Or call (713) 425-4194.

Which cap applies to you when you join a Real team?

Whichever Houston team you join at Real, two caps sit side by side. One is Real's company cap, and the other is a team cap your team leader sets.

Real's help article comparing its US team types ties the two together. It lists a minimum team cap of $6,000 for agents on the $6,000 company cap.

For agents on Real's $4,000 company cap, that minimum team cap rises to $8,000.

So the first decision at signing is which company cap you take. The team cap floor follows from that choice, and a leader may set the team cap above it.

Run both company cap options against your own closings from last year before you pick one.

What does a team cap stop, and can a leader leave the split uncapped?

Real's help article on setting a ProTeam team cap describes it as the total you pay into the team. Once you reach that total, Real stops paying the team split.

The same Real article describes a setting that keeps the team split from being capped at all. With it switched on, the split continues on your deals with no ceiling.

That leaves one question to ask any leader in plain words: does this team's split cap, and at what number?

Who is your sponsor when you join a team at Real?

Your sponsor is a choice you make at signing, under Real's rules for the team type you join.

Real's article on Domestic Team setup says each member of a Domestic Team may select a sponsor.

Real's team-types article adds a condition for that setup: the partner and the dormant agent must select the same sponsor.

For one team type, the same Real comparison notes that members can take part in revenue share but cannot sponsor each other.

Ask which team type you are joining before you fill in the sponsor field, because the rule that binds you depends on it.

What do you sign beside Real's own agreement?

Real's ProTeams article says splits, caps and fees can be configured for each agent at the team level.

Two agents on one team can therefore sign different terms. Those team terms sit apart from the company cap you choose with Real.

Before you sign, ask for your own split, team cap and any team fees in writing, for your seat specifically.

Filed under Real Brokerage.

Questions & answers

What do Houston agents ask about this?

Can I still qualify for Elite Agent status at Real if I am on a team?

Yes, provided you pay a full $12K cap. Real's help article on Elite eligibility for agents on a team says paying the $12K cap keeps you eligible for Elite Agent status, team or not. The same article says an agent who does not pay a full $12K cap is not eligible. So the cap you pick at signing also decides whether Elite is open to you.

Real's article ties Elite eligibility to the size of the cap you pay, not to whether you sit on a team. A lower cap may suit your plans, and under that article it takes Elite off the table. Weigh both against your own production before you choose.

How does a Domestic Team at Real handle the cap and the Elite award?

Real's article on Elite eligibility says members of a Domestic Team share one $12K cap between them. When the team earns the Elite Agent award, Real issues it to the Team Leader, who splits it across the team. Real's Domestic Team setup article adds that a Domestic Team carries no production requirement.

Because the cap is shared, the two members reach it together rather than one at a time. Agree in writing how you will divide the award once the Team Leader receives it, before the first closing.

Can the dormant agent on a Domestic Team at Real receive revenue share?

No, not while listed as the dormant agent. Real's Domestic Team setup article says the dormant account handles neither transaction entry nor revenue share. It also says a member listed as dormant cannot collect commission, and so cannot receive revenue share. The limit holds for as long as that agent stays on the dormant listing.

Revenue share at Real is paid on transactions other agents close, and this limit reaches only the member on the dormant listing. Settle which partner takes that listing before you sign.

How many team types does Real offer in the US?

Real's help article comparing its US team types says it offers three, each meant to support a different business structure. It sets them out in a table of key requirements and differences. Two of them are the Domestic Team and the ProTeam. Real's ProTeams article describes that type as built for wide flexibility at the team level.

Real adds that ProTeam reporting and reconciliation run all the way to the CDA level. Real's own comparison sets requirements type by type, so ask the team leader which of the three you are joining.

What do clients say on Google?

We could not have asked for a simpler or more enjoyable home buying experience. Not only did we love the realtors that we personally interacted with, but we had a whole team of support at Houston properties. Everyone was very professional and friendly and made sure we were always up to speed. 10/10 would recommend!
Michelle R., Google review, Houston Properties Team, 10 October 2022

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Talk to our concierge directorSibel Caliskanlar Cope, Concierge Director

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