KELLER WILLIAMS Commission - UPDATED!
Keller Williams Commission structure update, FEES and MORE! Thank you all for watching! Disclaimer: I am here to give Raw information on Real Estate info. Educational and informational within the business too. I'm here to motivate current agents and educate new agents and people out there with questions. Have questions? Leave a comment and I'd love to answer.
Find this video interesting? Don't forget to like and SUBSCRIBE!
If you are interested in becoming a real estate agent with Keller Williams and are in need of a change, inquire at john.occhino@gmail.com
If you are in California and are interested in a Real Estate school, click the link below: www.carealtytraining.com/
If you want to know more about Keller Williams and where the company is going, click the link below and watch some of our new videos: technology.kw.com/command/explore-command/
Thank you for watching, love you all.
Пікірлер: 38
So what I didn’t quite understand was if you make no sales you still need to pay your cap? True or false? Thank you!
@JohnTheRealtor
Жыл бұрын
No. You only pay your commission splits if you have a sale. You do however pay for your tech fee monthly. This varies between offices.
I start real estate school next week so I’ve been watching a lot of videos while trying to choose the right brokerage and I’ll just be honest…..KW seems to have the most fees and the highest fees 😟
@mr.beasyatl826
Жыл бұрын
Very true
I just left exp to go to Keller Williams, I joined the ALC AND IM EXCITED TO TAKE MY REAL ESTATE GAME TO THE NEXT LEVEL!
@JohnTheRealtor
3 жыл бұрын
Awesome!! Congrats to you. Much success. Reach out anytime if you have questions.
So does it mean that every year your cap needs to be paid first so if your cap is 30k and on your anniversary it will reset and go back to 30k?
Thank you!! This really helped me understand the fees!
Great info. Thanks. Straight shooter!
KW cap in Westchester NY IS 30k
@JohnTheRealtor
2 жыл бұрын
Oh ok. Yes. There are some Market Centers that are higher. Especially on much higher priced areas.
Great video! Just curious, what is your actual office rent at your KW location?
@JohnTheRealtor
3 жыл бұрын
Office rent varies between $75 - $250 based on individuals and teams, etc.
@ExploreLifesJourneyWithMe
3 жыл бұрын
A lot cheaper than where I am. It's $200-300 per month. I just had my interview 2 days ago. Debating on an office.
Great video!!
Cap here in Wisconsin is $24,000
@JohnTheRealtor
3 жыл бұрын
Ours used to be $19,800 plus our Royalty. But the Company is changing. Many markets have lowered their cap dramatically.
Keller William's sold me 74/36 but in reality it was 60/40
@kiransw1747
2 жыл бұрын
One kw office is giving me 64/36
I’m joining KW next month 😀
So as a new agent, I hear that most don’t do many sales in their first year. Do you still pay the $12,000 if you have no sales? I’m sorry I don’t quite understand. Thank you for this info!!
@JohnTheRealtor
2 жыл бұрын
So you are correct. Like all other Companies, you pay a split with the Broker. Now, if you maximize your marketing and your pipeline of database, generally you can still cap pretty quickly. But yes, the split is paid. Unless you negotiate something with your team leader. For Example: No fees for 90 days. Lower split for the first 3 transactions. Etc. Hope that helps.
@samanthakirbys208
2 жыл бұрын
@@JohnTheRealtor Ok, thank you so much for the information!
KW Commission now up! Check it out!
Is the Cap payment per year? Or is it once and done?
@JohnTheRealtor
3 жыл бұрын
So everyone that comes to KW has an anniversary date. So if your date is January 1st, your cap resets then. For example, my anniversary is July 1st. I usually cap by October. That gives me 9 months of 100% commission. July 1st of the following year, I reset again. Hope this helps.
@shanicej2522
3 жыл бұрын
@@JohnTheRealtor the more I watch videos the more I lean toward KW as my place to work. No one has reached out to me as yet so I’m just going to call and set up a meeting
@JohnTheRealtor
3 жыл бұрын
@@shanicej2522 Where are you located?
@shanicej2522
3 жыл бұрын
@@JohnTheRealtor Davie, FL
@JohnTheRealtor
3 жыл бұрын
@@shanicej2522 I can get you in contact with someone there.
what is your company cap? I was told of $27,000 cap which is outrageous. I rather join exp
@JohnTheRealtor
3 жыл бұрын
Our cap is $9,000. The royalty is always $3,000. That’s a KW requirement. But it caps too.
I wish I joined KW before I joined this other brokerage!
@JohnTheRealtor
3 жыл бұрын
You can always switch. You are not bound by who you belong to. I would never tell someone to switch, but from what you’re saying, you can.
@JohnTheRealtor
2 жыл бұрын
@Lizette Pecina Thank you for your question. Are you with someone else right now? You can leave a Brokerage anytime. To and from KW. Just depends on what you signed. I always recommend giving your office an exit interview. Just sitting down and letting them know you want to leave. That part is common courtesy. However you can leave an office anytime.
@JohnTheRealtor
2 жыл бұрын
@Lizette Pecina Sounds good. No matter what area you're in, let me know when you're ready. I can help connect you.