If you are a team leader or bring an agent or team to Westmont Realty, you share in the profits they make. Westmont Realty will automatically send you a share in the revenue that agents on your team bring in, while Westmont handles all of the back end logistics.
If opening your own brokerage you will have to hire managing brokers, conveyancers, accountants and you may or may not already have a space, this becomes very costly. With the Westmont Realty model we will handle all of the back end while you simply focus on deals and growing your team. It is difficult to charge your team members a fee to their team leader, however out of the agents monthly fee and transaction fee a portion will be sent directly to the team leader as an equity agreement.
There are many ways to structure a real estate team. Set up a meeting to discuss which approach will be best for your situation or how you can improve your current team structure.