What is Capping?
One of the most common questions people curious about a real estate career with Keller Williams will ask is, “What’s your company’s commission split?” It’s funny to say, but it doesn’t really matter! When it comes down to it, the most important thing a broker can provide you is the best real estate training, not a generous split. 100% of zero is still zero. If you don’t know how to run a business the right way, people are going to choose not to work with you.
With that said, the Keller Williams commission split is very competitive compared to other real estate firms. Every agent at Keller Williams is treated exactly the same. The best part of the Keller Williams commission split is the ‘cap’. Each office has a cap on commissions based on their current market. It is determined by the average median home price in your area and usually amounts to selling 7-9houses per year. Once an agent reaches a set amount of production (cap), they are no longer required to pay the office a split, meaning the agent is at a 100% commission split until their fiscal year starts again. How amazing is that?
With that said, the Keller Williams commission split is very competitive compared to other real estate firms. Every agent at Keller Williams is treated exactly the same. The best part of the Keller Williams commission split is the ‘cap’. Each office has a cap on commissions based on their current market. It is determined by the average median home price in your area and usually amounts to selling 7-9houses per year. Once an agent reaches a set amount of production (cap), they are no longer required to pay the office a split, meaning the agent is at a 100% commission split until their fiscal year starts again. How amazing is that?
How To Cap
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