Profit Sharing Plan
Plan Highlights
- Equity distributes a portion of its profits annually to employees and sales associates that help us recruit other associates.
- Our profit sharing plan is designed to say "Thank You" to those who help the company to grow.
- The plan is open to any Equity sales associate or employee.
- The profit share comes from the company's money. It DOES NOT come from the associates' commission.
- Profit Share Bonus will be paid on the first year os production of any recruited sales associate.
Calculation Example
You recruit 1 agent. That agent pays $12,000 in brokerage. You earn 5% of the company's brokerage. $12,000 * 5% = $600 bonus. Profit Sharing is in addition to our competitive commission split program.
Equity offers a highly competitive sales associate commission plan. All Equity Associates receive the highest and best graduated commission splits in the business. For new sales associates, Equity offers a progressive split of gross commissions. The more you earn, the higher your split. For experienced sales associates, depending on your previous earnings, you may start from a higher percent of gross commissions. Credit is also extended for what you've earned elsewhere, year-to-date, so you remain at a higher split until the end of the year. Equity does not charge its sales associates franchise or monthly agent desk fees.
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