Agent stock awards
Company stock some public brokerages give agents for milestones like a first deal or capping. Some also let agents buy stock with part of each commission at a discount.
Also called: agent equity, stock awards, agent ownership, equity program
Related terms
The most an agent pays their brokerage in splits in a year. After you cap, you keep 100% of your commission, minus any per-deal fees.
Money some brokerages pay you from the company's cut of deals closed by agents you sponsored. It doesn't come out of those agents' commissions.
A brokerage without traditional offices. Agents work remotely and use online tools, which often means lower fees and a higher split.
The agent you name when you join a revenue-share brokerage. Your sponsor can earn revenue share from the company's cut of your deals. You keep your full split.