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Real Estate Broker Comparison

What are the differences between an average conventional real estate broker and online real estate broker? We can’t speak for every brokerage office which claims to be an online broker but rather provide you with a comparison based on REeBroker business model.

First, to the best of our knowledge, we are the only online real estate broker who has an automated support system for our agents. By the way, please do not be alarmed with a term “automated”. Our software is very friendly and easy to operate. Just ask our agents, or read the real estate agents testimonials.

We offer training and guidance to all agents. We have a 24/7 support line and we pay a fair 100% real estate commission split to all agents.

All of our efforts are geared towards attracting motivated real estate agents in California and building long-lasting relations. Compare what you are getting at your brokerage now to what REeBroker offers you right at the start.

Value Comparison -
Traditional Real Estate Brokerage Office vs. REeBroker

Let’s take a look at the table below to summarize the differences of what a real estate agent may expect working under a conventional real estate broker and REeBroker, a leader in online real estate brokerage:

Let’s look at how much a real estate agent makes per transaction:

RE Agent Earnings	Traditional Broker	REeBroker
Commission Split	20% - 50%	You get 100%
Transaction Fee	$100 - $300	We take $500
Risk Management Fee	$100 - $200	$135
Approx. RE Agent Earnings on $5,000 Commission	$800 - $2,000	$4,365
Approx Estimate of an Annual Income based on a single $5,000 commission montly	$9,600 - $24,000	$52,380

Let’s take a look at the expenses which real estate agent has to pay to cover his/her real estate employment with a traditional broker:

RE Agent Expenses	Traditional Broker	REeBroker
Franchise Fees (monthly)	$50 - $300	$0
Office Fees (monthly)	$100 - $300	$0
Licence Placement Fee	$300 - $500	$0
Sign up fee	$100 - $300	$0
Workers Comp	$150 - $300	$0
Approx. Annual Expense	$1,900 - $8,000	$0

Now let’s see what a real estate agent is left with at the end of the year basing our figures on 12 transactions each worth $5,000 in commissions after all the expenses:

RE Agent Balance Sheet	Traditional Broker	REeBroker
RE Agent Annual Income	$9,600 - $24,000	$52,380
RE Agent Annual Expense	$1,900 - $8,000	$0
RE Agent Net Income	$7,700 - $16,000	$52,380

Although all these comparisons are hypothetical and may vary from each individual situation, you may calculate how much money you could make if you increase your commissions split to a 100% and cut down the reoccurring expense to 0. This is a simple math.

And now, let’s compare the benefits offered:

RE Agent Support	Traditional Broker	REeBroker
Broker Consultation and Support	Vary	24/7
Minimum number of transactions	Required	N/A
Minimum Commission Ammount	Required	N/A
MLS and Agent's Territory	Single MLS / Local Area	Multiple MLS / Entire California

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