Team Concept for Agents

TEAM CONCEPT AT HOMESTARR

Here is an example as to how the team concept will work for a Team Leader. Agents name is TED. He is also considered your referred agent. So you will also earn 50% of what the house collects in commission as well.

Example:
$325,000 house sold with a 2.5% commission to Buyer's agent.
Gross Commission: $8,125.00

WHAT HAPPENS ON HSR SIDE OF THE TRANSACTION:
Homestarr Realty: 10% = 812.50 - 406.25 (50% to Team Leader for residual income) = 406.25
You EARN = 50% of the Homestarr commission earning = 406.25

WHAT HAPPENS ON AGENT SIDE OF THE TRANSACTION:
Team Leader charges a 30% referral fee (or whatever you choose to charge. It can vary by commission earned, agent production or agent experience. This is up to the team leader)
Ted = 8125 * 90% = 7312.50 - 30% referral fee (2193.75) = 5118.75
Team Leader (YOU) = collect 30% referral fee = 2193.75

TOTAL PAYMENT TO ALL PARTIES:

Homestarr Realty = $406.25
Ted = $5118.75
YOU EARN = $2600.00

You can charge whatever you choose as a referral fee, New agent, charge them 50%, They would be thrilled to have business, Experienced agent, charge them 30%, The decision is yours, You are the TEAM LEADER.

This is a great way for team agents to earn more money and have the Team Leaders focus on marketing, All training will be completed by Homestarr Realty and each closing will be managed, All you need to do is GET MORE BUSINESS,

Homestarr Realty is a Real Estate company that wants to see their agents MAKE MORE MONEY.

IT IS TIME TO GIVE YOURSELF A RAISE!