Are Newly Licensed Agents on the Same Company Split?
No. A newly licensed agent who has not completed three (3) purchase or sale transactions in the twelve (12) months prior to joining ROA, shall be paid at the rate of 60% to the agent (“Contractor Dollar”) and 40% to ROA (“Company Dollar”) and will be enrolled in the Mentorship Program and outlined in the ROA P&Ps.
The Agent will transition to the standard 85/15 split once they meet either of the following conditions:
- Complete three (3) purchase or sale Transaction; OR Complete five (5) residential lease Transactions.