← Glossary
Agents and brokerages
Post-cap fee
A flat fee per deal that some brokerages charge after you cap. It's usually a few hundred dollars or less.
Also called: post-cap transaction fee, capped fee
Related terms
Cap
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.
Transaction fee
A flat fee per closed deal, charged to the agent or the client depending on the brokerage. It's separate from the split.
Commission split
How a commission is divided between the agent and the brokerage. With an 80/20 split, the agent keeps 80% and the brokerage gets 20%, often until a cap.