Economics · Last verified August 27, 2026

Real Brokerage fees, commission split and cap—translated clearly.

Splits, caps and fees are three separate mechanisms that most summaries mash into one number. Below, each one is stated from Real's current official articles, with the amounts that change on September 1, 2026 kept visibly apart from the ones in force today.

Model the total picture Compare the whole model

Real publishes and updates these terms itself. Amounts, eligibility rules and effective dates change. Everything here was verified on August 27, 2026 against the official sources linked on this page — confirm the current articles and your own Independent Contractor Agreement before you make a decision.

01 — The split

What the split is

85 / 15

The standard US commission split is 85% to the agent and 15% to the brokerage, applied to gross commission income until the applicable annual company cap is reached. Exceptions, team arrangements and local variations exist — read your own ICA.

The split stops mattering the moment you reach the cap, which is why the cap — not the split — is usually the number that decides whether a model suits your production.

02 — Company cap

The cap you pay Real

Three published company-cap levels exist. Two of them depend on eligibility, and the eligibility is the part recruiting messages tend to leave out.

$12,000

Standard company cap

The company cap shown in Real's current official US team materials for a team leader, and the standard reference point for an agent who is not on a reduced team-member cap.

$6,000

Eligible team-member company cap

A reduced company cap available to eligible team members, depending on the team type they join.

Eligibility: Availability depends on the team type and on Real's current eligibility rules — it is not automatic for anyone who joins a team.

$4,000

Qualifying ProTeam company cap

The lowest published company cap for members of a qualifying ProTeam.

Eligibility: Real's official team-types article states this $4,000 company cap is available only to teams with at least 12 agents and $100M in annual production. If the team does not meet both conditions, this cap does not apply.

03 — Team cap

The Team Cap is a different thing from the Company Cap

The company cap is what an agent pays Real. A Team Cap is what a team member pays their team leader under the team agreement — a separate number, set by the team leader, that does not go to the brokerage.

These are the minimums described in Real's current official team-types article. A team leader may set a higher Team Cap, so the number that matters to you is the one written in your team agreement.

Agents on the $6,000 company cap$6,000 minimum Team Cap
Agents on the $4,000 company cap$8,000 minimum Team Cap

04 — Fees

Two dated fee schedules, kept apart on purpose

Mixing today's amounts with September's is the most common error in third-party summaries of this brokerage. Read the column that matches your start date.

Current, through August 31, 2026

As published on the official fee article and verified August 27, 2026.

Current, through August 31, 2026
Fee	Amount
One-time signup fee	$249
Annual brokerage fee	$750
Broker review (CBR) feePer transaction.	$40

Published changes effective September 1, 2026

Announced amounts that replace the current ones from September 1, 2026.

Published changes effective September 1, 2026
Fee	Amount
Annual brokerage fee	$900
Broker review (CBR) feePer transaction.	$50

Post-cap and Elite treatment also changes on September 1, 2026, and carries its own eligibility and date conditions. Rather than simplify those away, read the official fee article directly and confirm what applies to your situation and your start date.

After the cap

Fee schedules are arithmetic. What they cost you is a question about the year you actually had, not the year in the pitch.

Before you run the numbers

Hands marking items off a checklist in a notepad beside a pen.

05 — Worksheet

Put your own numbers against it

Enter your current agreement. The output is illustrative only and is not a projection, promise or guarantee of earnings.

Illustrative model

Model the economics with your actual agreement

Nothing here is a projection or a promise. Enter your real numbers; every assumption stays editable, and any prefilled value shows where it came from.

Brokerage preset (optional)

Real operating scenario

Real publishes these as annual company caps in dollars — not as percentages. Choose the scenario that matches your situation.

Individual agent — $12,000 annual company capYou are not on a Real team. The company split is paid to Real until the $12,000 annual company cap is reached.Published in Real's 2024 investor presentation. Confirm the current schedule and your own anniversary year before relying on it.ProTeam member — $6,000 annual company capA ProTeam member's company cap is $6,000 per year in the US. The team split you pay your team leader is separate from this company cap.Eligibility and current terms must be confirmed with Real. Team types and their terms change; verify before you plan around them.Qualifying ProTeam member — $4,000 annual company capA reduced $4,000 annual company cap that is not generally available. It applies only to qualifying ProTeams.Currently available only to teams with at least 12 agents and $100M in annual production, subject to Real approval and current terms. Do not assume you qualify.

What is the difference between a company cap, a team split and a team cap?

Real (company) cap: The company split you pay to Real. Once you have paid the annual company cap in your anniversary year, the company split stops for the rest of that year.
Team split: The amount a team member pays their team leader under the Team Addendum. It is an agreement with the team, not with Real, and it is paid in addition to the company split.
Team cap: An optional amount paid to the team leader after which the team split may stop. Not every team has one — many team splits continue with no cap.

Sources (reviewed August 11, 2026): What are the different team types at Real (US)? · What is ProTeams? · What is the difference between the Team Cap and the Agent Cap? · How do Team Splits work?

Your current model

Annual gross commission income ($)

Annual sides

Your split (%)

Annual cap ($, optional)

Fixed monthly fees ($)

Per-transaction fees ($)

Other annual brokerage costs ($)

Illustrative Real inputs

Agent split (%)

85/15 — Real 2025 Annual Report, p. 53 (reviewed August 11, 2026).

Annual company cap ($)

Set by the operating scenario above (Individual agent — $12,000 annual company cap). Dollar company caps — never percentages. Confirm the current schedule with Real.

Fixed monthly fees ($) — required

Per-transaction fees ($) — required

Other annual brokerage costs ($) — required

Fee fields are intentionally blank: RGC does not prefill amounts without a current verified source. Enter the figures on the official schedule you are given. A blank field is treated as unknown, never as zero — if a cost genuinely does not apply, type 0.

Comparison incomplete — no difference is calculated yet. Still needed: Real fixed monthly fees, Real per-transaction fees, Real other annual brokerage costs. Enter 0 if a cost does not apply.

Output is an illustrative annual difference based on the assumptions you entered — never a guarantee of savings, earnings or results.

Official sources

Last verified August 27, 2026. Real publishes and changes these terms itself — open each article and confirm what applies to you today.

How much does it cost to hang my license with Real? (US)
Current official fee schedule: one-time signup fee, annual brokerage fee, per-transaction broker review fee, and the published amounts that take effect on September 1, 2026.
What is the commission split at Real?
Official description of the standard US commission split and how it applies until the annual company cap is reached.
What are the different team types at Real? (US)
Official US team types, the company cap attached to each, the eligibility conditions for the reduced ProTeam company cap, and the minimum Team Cap a team leader may set.
What is ProTeams?
Official description of the ProTeam structure and the requirements attached to it.

Fees are one input, not the decision

A cheaper cap inside a model that does not support how you work is not a saving. Run the economics, then read the rest of the operating model — support, brand control, team structure, technology and what happens to what you build.

Compare the whole model

Research your next model

Read before you decide

Educational material, written to be useful whether or not you ever speak to us.