GLOSSARY
Real Brokerage glossary
Short answer
Real has its own words for how pay, teams and programs work. This glossary explains each one in a sentence or two, with the current figure where one applies, and links to the full guide. Terms are in alphabetical order.
A to Z
- Anniversary date
- The first day of the month after you join Real. Your cap and yearly fees reset on this date each year.Read more
- Annual brokerage fee
- $900 a year, collected as $300 on each of your first 3 deals in your anniversary year.Read more
- Attraction award
- Stock Real awards when an agent you attracted closes a first sale of at least $2,000 in commission. It vests over 3 years.Read more
- Cap
- The most you pay in company split in an anniversary year: $12,000 for individual agents and team leaders, $6,000 or $4,000 for team members.Read more
- Capping award
- Stock Real awards when you reach your cap. It vests over 3 years.Read more
- CBR fee
- A $50 fee on each transaction that covers broker review and processing.Read more
- Co-sponsor
- When two agents share sponsorship of one agent, they split revenue share 50/50.Read more
- Elite Agent
- A status for agents who cap and then pay $6,000 in post-cap fees, or who reach $500,000 in GCI with 10 deals of $1 million or more, in one anniversary year. Elite brings a $100 post-cap fee and stock awards.Read more
- GCI
- Gross commission income, your commission before Real's split and fees.Read more
- Grace period
- For your first 6 months at Real, you can earn revenue share without meeting the producing agent or tier unlock rules. It applies once, when you first join.Read more
- ICA
- The independent contractor agreement you sign with Real. Your sponsor is fixed once you sign it.Read more
- Leo
- Real's AI assistant for questions and everyday tasks.Read more
- Minimum split
- Before cap, Real collects at least $500 in split per deal, plus fees.Read more
- Network
- The agents connected to you through sponsorship, used to count revenue share tiers.Read more
- Passthrough
- A pending deal that stays with your old brokerage, which then pays your commission through Real. Some states require it.Read more
- Post-cap fee
- What you pay per deal after you cap: $285 per sale or $125 per lease, or 15% if that is less.Read more
- Producing agent
- An agent who pays at least $450 in splits to Real every 6 months. Revenue share depends on staying producing.Read more
- ProTeam
- A Real team type with at least 2 agents and $5 million in closed volume over the prior 12 months.Read more
- Real Academy
- Real's training library and live classes, opened from reZEN.Read more
- Real Retirement
- After 5 full consecutive producing years, you can keep earning revenue share after you stop producing, as long as your license stays with Real.Read more
- Real Wallet
- Real's business banking. A Real Wallet Business Checking account is required to receive revenue share from September 1, 2026.Read more
- REAX
- The Nasdaq ticker of Real REMAX Group Inc., Real's parent company since August 2026.Read more
- reZEN
- Real's platform for transactions, commissions, documents and pay.Read more
- Sponsor
- The agent who most influenced you to join Real, named on your application. You can't change it after you sign.Read more
- Stock purchase plan
- An optional plan that puts 5% of your net commission into Real stock before cap and 10% after, with 10% or 15% bonus shares.Read more
- Team cap
- A limit a team leader can set on the team split a member pays in a year. The minimum is $6,000, or $8,000 for $4,000-cap members.Read more
- Team leader
- The agent who runs a team and receives the team split. Separate from your sponsor.Read more
- Team split
- The share of a team member's commission that goes to the team leader, at least 10% on a ProTeam.Read more
FAQ
Common questions
You have paid your full yearly cap in company split, $12,000 for most individual agents. After that you pay a flat post-cap fee per deal.
Your sponsor is named on your agreement and can't change. Your team leader runs your team and gets a team split. They can be different people.
Real's platform for entering deals, managing documents and getting paid.
A Real team with at least 2 agents and $5 million in closed volume over the prior 12 months.
A yearly status for high producers that lowers the post-cap fee to $100 and brings stock awards.
Sources
- Real: Join Date, Anniversary Date, Anniversary Year, and Agent Cap
- Real: What does it cost to hang my license with Real (US)?
- Real: What is the CBR Fee?
- Real: What is the Post-Cap Transaction Fee?
- Real: Minimum Split to Real
- Real: Elite Agent Program
- Real: How do I earn equity (stock) at Real?
- Real: How is revenue share calculated?
- Real: How do I unlock Tiers?
- Real: What is our Producing Agent Policy?
- Real: How Does the Grace Period Work?
- Real: Co-Sponsored Revenue Share
- Real: What is Real Retirement?
- Real: What is the minimum commission split for a Team?
- Real: What are the different team types at Real? (US)
- Real: Is there a fee associated with Revenue Share?
- Real: How to Join Real
- Real: How do I move my deals and listings to Real?
Last checked October 2, 2026. Companies can change their fees and policies at any time.
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Know the terms? Run the numbers.
Real's application opens on Real's own site. Nothing is final until you review and sign your independent contractor agreement.
Apply to Real
Sponsor on this link: Sean McConnell. You choose your sponsor on the application.