We are proud of our growth and we look forward to sharing the wealth with our agents. Please read the guidelines that follow….
Lifestyle International Realty Revenue Sharing Program: The contractor will have the option at no additional cost to participate in the company’s revenue-sharing program. This program is designed to allow all of our agents to earn additional income through the sharing of the company’s revenue (Transaction and or Monthly/Annually) generated by the recruitment of other licensed real estate agents.
The Broker will share a percentage of the proceeds from the agent’s split to Lifestyle generated by the recruited licensee.
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● Recruit 1-2 agents, you’ll receive 5% of agent’s commission split to Lifestyle
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● Recruit 3 agents or more you’ll receive 10% of agent’s commission split to Lifestyle
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● Agent must mention that they were referred by you at sign up (No exceptions)
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● This program is only for agents that have signed from 01/01/2022 and forward
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● To participate in revenue sharing, the agent must stay active under Lifestyle International
Realty
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● The referred agent also must stay active with Lifestyle International Realty
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● Resets to 5% every fiscal year, must recruit 3+ more to get back to 10%
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● The referred agent has 30 days to sign up with Lifestyle International Realty after which
this form expires
LIR Revenue Sharing Program (Structure Example)Recruit 1-2 agents to Lifestyle = 5% Recruit 3+ agents to Lifestyle = 10%
John referred 2 agents to LIR:
John’s revenue profit
Commission earned $10,500 – 20% split to
Lifestyle = $2,100 x 5% = $105 to John for
recruiting Agent x 1
Commission earned $24,000 – 20% split to
Lifestyle = $4,800 x 5% = $240 to John for
recruiting Agent x 2
Since John joined Lifestyle’s Revenue Program, he recruited 2 new agents (Tier#1) made an additional $345 by recruiting these two agents to the family.
John referred 3 agents to LIR:
Agent x 1 sold a home for $350,000
Agent x 1 is on a 80/20 split with Lifestyle Agent x 1 commission on home: 3% which equals $10,500
Agent x 2 sold a home for $600,000
Agent x 2 is on a 80/20 split with Lifestyle Agent x 2 commission on home is 3% which equals $18,000
Agent x 3 sold a home for $420,000 Agent x 3 is on a 80/20 split with Lifestyle Agent x 3 commission on the home is 3% which equals $12,000
Commission earned $10,500 – 20% split to Lifestyle = $2,100 x 10% = $210 to John for recruiting Agent x 1
Commission earned $18,000 – 20% split to Lifestyle = $3,600 x 10% = $360 to John for recruiting Agent x 2
Commission earned $12,000 – 20% split to Lifestyle = $2,400 x 10% = $240 to John for recruiting Agent x 3
John being in Tier#2 (10%) just made an additional $810
Note: Commercial transactions are INCLUDED in this program.
Disclaimer:
Termination of Agreement: This agreement may be terminated immediately by Broker for cause, or upon three calendar days written notice by Broker or Contractor. Contractor agrees that a violation of any contractor’s obligations hereunder shall constitute cause for immediate termination of this agreement.