Independent guide by a broker with Real Broker, LLC. Not an official Real website.

Sean McConnellReal Broker, LLC

STOCK

Stock options for Real agents

Short answer

Through Real's optional stock purchase plan, agents can put 5% of net commission before cap, or 10% after cap, toward Real stock and get 10% or 15% in bonus shares. Real also grants stock awards for capping, for attracting agents, and for Elite status.

5% / 10%
Of net commission into the plan, before and after cap
10% / 15%
Bonus shares, before and after cap
REAX
Real's Nasdaq ticker
3 years
Vesting for capping, attraction and Elite awards

Five ways agents get Real stock

Stock purchase plan

SPP bonus shares

Capping award

Attraction award

Elite awards

How does the stock purchase plan work?

The plan is optional. You opt in through Real Support. Real then sets aside 5% of your net commission before cap, or 10% after cap. Purchases begin once $250 has accumulated, at the month-end closing price. Bonus shares add 10% before cap or 15% after cap. A maximum contribution applies. You can opt out at any time, but you can't rejoin until your anniversary reset.

Hypothetical purchase at a $5.00 share price

The $5.00 price below is hypothetical, not a forecast.

Before cap

$5,000 net commission x 5% = $250. At $5.00, that buys 50 shares, plus 5 bonus shares, for 55 total.

After cap

$7,000 net commission x 10% = $700. At $5.00, that buys 140 shares, plus 21 bonus shares, for 161 total.

What is the capping award?

Real grants these shares when you reach your cap in your anniversary year. They vest over 3 years.

The award is a set number of shares, which Real may change as it grows.

What is the attraction award?

Real grants these shares when an agent you directly attracted to Real closes their first sale with at least $2,000 in GCI on that single sale. Leases and referrals don't count. The shares vest over 3 years.

The award is a set number of shares, which Real may change as it grows.

What is Elite Agent status?

Elite is Real’s top production status. After you cap, you qualify in the same anniversary year in one of two ways: pay $6,000 in post-cap fees, or close $500,000 or more in GCI and 10 completed transactions of $1 million or more (receiving at least 50% of the commission on each). Elite Agents get a $12,000 production award in stock, pay a $100 post-cap fee, and have revenue share unlocked through Tier 5 for that year. Elite Agents who meet Real’s give-back criteria, such as teaching at Real Academy, can also receive an $8,000 cultural award.

What happens to stock if I leave?

What happens to purchased shares and stock awards after leaving Real
Stock typeWhat happens
Shares you bought through the planYours to keep. You can sell them one year after they are issued, even if you leave Real.
Bonus sharesVest after one year. Forfeited if you leave before then.
Capping, attraction and Elite awardsVest after 3 years. Forfeited if you leave before then.

Stock has risk

Real trades on Nasdaq as REAX. Its stock value can rise or fall, and you can lose money. This page explains the agent programs and is not investment advice.

Next step

Ask a Real agent how the stock programs work

Bring your questions about the purchase plan, awards or vesting to a short call with a Real agent.

Have questions first? Talk to a Real agent
Apply to Real

Sponsor on this link: Sean McConnell. You choose your sponsor on the application.

FAQ

Stock questions

No. It's optional. You can opt in or out, but after opting out you have to wait until your anniversary date to rejoin.

You can contribute 5% of your net commission before you cap and 10% after you cap, up to Real's maximum contribution.

Bonus shares vest after one year. Capping, attraction and Elite Agent awards vest after 3 years.

Yes. Shares you bought with your own commission are yours, and you can sell them one year after they were issued. Unvested bonus shares and awards are forfeited.

After you cap, pay $6,000 in post-cap fees, or close $500,000 or more in GCI and 10 completed transactions of $1 million or more (receiving at least 50% of the commission on each), all in the same anniversary year.

Before you apply

Choose the sponsor who influenced you.

Your Real sponsor is named on your application and is separate from a team leader. A sponsor does not change your commission split. Review your choice before signing.

How sponsor choice works
Sean McConnell

Sean McConnell

A Real agent and one available sponsor option. You may choose Sean or any other Real agent.

Apply to Real

Sponsor on this link: Sean McConnell. You choose your sponsor on the application.