Independent guide by a broker with Real Broker, LLC. Not an official Real website.

Sean McConnellReal Broker, LLC

HOW REAL WORKS, PLAINLY EXPLAINED

What would you actually keep at Real?

Real agents keep 85% until they cap, pay no monthly fees, and can take part in Real's stock and revenue share programs. This guide breaks down every fee, the cap, and how those programs really work, with real numbers you can run against your own business in about five minutes.

Real estate agent working on a laptop in a bright home office
85/15
Split until cap
$12,000
Yearly cap
$0
Monthly fees
35,348
Agents (Q2 2026)

Figures summarize Real's published program details. Team agreements can add separate costs.

THE BROKERAGE MODEL

How Real's split and cap work

Agents pay Real 15% of each commission until those payments reach their yearly cap. After that, a flat fee per sale replaces the 15%. A yearly brokerage fee and a per-deal CBR fee apply before and after cap. Team members may also pay a team split under a separate team agreement. The number to check is your total yearly cost at your own production.

Agent on a phone call walking through a modern listing

CALCULATOR

Calculate your yearly cost at Real

Total GCI

$150,000

Split to Real until cap

$12,000

Sale where you cap

Sale number 11

Post-cap fees

$2,565

Annual brokerage fee

$900

CBR fees

$1,000

Total paid to Real

$16,465

Share of GCI paid to Real

10.98%

You keep before state taxes

$133,535

Where each dollar goes

  • You keep before state taxes
  • Split to Real until cap
  • Post-cap fees
  • Annual brokerage fee
  • CBR fees

Estimates only. State taxes may apply (for example, Washington's 1.75% B&O tax, which Real deducts from commission). Assumes every sale is a standard sale, no leases or personal deals, and no team cap. The $500 minimum split per pre-cap deal is not modeled. Source: Real support center, checked September 28, 2026.

READY TO APPLY?

Start on Real's application

Apply to Real

Sponsor on this link: Sean McConnell. You choose your sponsor on the application.

Real Brokerage mobile application shown on a phone

PLATFORM AND TOOLS

What Real's software does

Deals and commission payments run through reZEN. Leo is Real's AI assistant for questions and tasks. Real Wallet is Real's business banking account. Check each one against the tools you use now.

Explore the technology

BEYOND COMMISSIONS

How stock and revenue share work

Agents can choose to buy Real stock with part of each commission, and Real grants stock awards that vest over time. Revenue share is a portion of Real's 15% split paid to an agent's sponsors, and it follows production and eligibility rules. Neither should be presented as promised income.

Two agents reviewing numbers on a tablet at a cafe table
Agent handing house keys to a couple on a front porch

JOINING

What the application asks for

The application asks for your license details, your current brokerage, your team if you have one, and your sponsor. Read the independent contractor agreement before you sign it. Your sponsor is locked in once you sign. License transfer rules vary by state.

See the joining steps

Before you apply

Choose the sponsor who influenced you.

Your Real sponsor is named on your application and is separate from a team leader. A sponsor does not change your commission split. Review your choice before signing.

How sponsor choice works
Sean McConnell

Sean McConnell

A Real agent and one available sponsor option. You may choose Sean or any other Real agent.

Apply to Real

Sponsor on this link: Sean McConnell. You choose your sponsor on the application.

FAQ

Frequently asked questions

No. This is an independent educational guide created by a broker with Real Broker, LLC. Confirm current terms with Real before making a decision.

85/15. Agents keep 85% of each commission and Real receives 15% until the agent reaches their yearly cap: $12,000 for solo agents and team leaders, or $6,000 or $4,000 for eligible team members.

No. Real's published monthly fee is $0.

No. Agents can work on their own or join a team. A team split is set in a separate team agreement and is not part of Real's own split and fees.

Name the Real agent who most influenced your decision to join. Check the sponsor field before you sign, because sponsorship is generally permanent after the contract is signed.

YOUR NEXT STEP

Read the guides, or ask a Real agent

The guides cover the numbers on their own. If you want someone to check them against your production, a Real agent can walk through them with you.

Have questions first? Talk to a Real agent
Apply to Real

Sponsor on this link: Sean McConnell. You choose your sponsor on the application.