Same production.
Different paycheck.

Order of math: the brokerage split comes off the gross first, up to its cap, along with any royalty (a franchise fee, often around 6%) up to its own annual cap. The team split is then taken from the net that remains. Per-file fees apply to every closing. The post-cap fee applies only to closings after the cap is reached. Elite: an agent on the full cap who pays the Elite amount in post-cap fees in a year moves to the lower Elite fee for later closings. At Real an agent can choose a $12,000, $6,000 or $4,000 cap. Agents on a $6,000 or $4,000 team cap do not earn Elite on their own; they get the Elite fee on post-cap closings only when their team lead has reached Elite. Change the sales volume to run another scenario. Fields in each model are editable, so adjust them to match the real fee schedule.

Disclaimer. This calculator is an illustration for educational purposes only. It is not a guarantee, promise or projection of earnings. Results depend entirely on the numbers entered and on your own production, which varies. Default figures are examples and may not reflect any brokerage's current fee schedule, which can change at any time and may differ by market, team or agreement. Verify every split, cap, royalty and fee directly with each brokerage before making a decision. Revenue share is compensation that depends on a number of factors, is not guaranteed and is not passive income. This is not legal, tax or financial advice; consult your own professionals. Real Broker, LLC. Rebecca Hamaoui is a licensed Florida REALTOR with the Bella Trae Team at Real Broker, LLC.