{"id":25682,"date":"2020-06-10T10:08:34","date_gmt":"2020-06-09T22:08:34","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=25682"},"modified":"2020-06-10T10:08:34","modified_gmt":"2020-06-09T22:08:34","slug":"agency-unveils-100-commission-offering","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/agency-unveils-100-commission-offering\/","title":{"rendered":"Agency unveils 100% commission offering"},"content":{"rendered":"

PHOTO: @realty\u00a0<\/strong><\/p>\n

A new earning scheme will see @realty agents given the ability to earn 100 per cent commission on their property sales.<\/p>\n

The real estate agency has announced that the scheme will see agents who have paid $20,000 in service fees through their standard commission become eligible to retain 100 per cent of the commission earned on any further deals less a small administration fee.<\/p>\n

The new model will give agents an opportunity to be better rewarded for strong performance, according to @realty CEO James Taylor.<\/p>\n

\u201cWe are giving agents the power to increase their income with 100 per cent take-home commission now available,\u201d he said.<\/p>\n

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Richard Pusey selling home from prison<\/a><\/h2>\n<\/header>\n<\/div>\n

The CEO said it\u2019s an achievable way for many of @realty\u2019s 600-plus agents to boost their earning ability in the mid-tier property market.<\/p>\n

He also considered it as a \u201cparticularly attractive\u201d scheme for agents who are negotiating high-end deals.<\/p>\n

Agents who don\u2019t reach the $20,000 service fee requirement or who are working part-time will continue to earn 93 per cent commission, Mr Taylor noted, which is still \u201cmuch higher than the industry standard of 45 per cent\u201d.<\/p>\n

According to the CEO, many @realty agents are already out-earning their peers\u00a0\u2014 leveraging multiple income streams on offer through the company\u2019s unique business model.<\/p>\n

This includes through finance and conveyancing, the ability to own rent rolls and the brand\u2019s ambassador program.<\/p>\n

\u201cThe ambassador program has been instrumental in growing our network, by incentivising agents who bring on board other agents, by allowing them to earn a passive income from the sales the new agent makes,\u201d Mr Taylor explained.<\/p>\n

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