A data-driven review of Real Broker's 85/15 split, $12K CAP, no-monthly-fee model — based on Real Broker's own official support documentation.
85/15
Commission Split
$12,000
Annual CAP
$0
Monthly Fee
$285/deal
Post-CAP Fee
Real Broker, LLC (The Real Brokerage) is a publicly traded, technology-forward cloud brokerage founded in 2014. It has grown rapidly in recent years, reaching over 20,000 agents across North America. Like eXp, Real Broker operates entirely virtually with no physical offices.
Real Broker's competitive advantage is its fee structure: an 85/15 split, the lowest CAP ($12,000) of any major brokerage, and no monthly fees. For agents who are actively producing, this combination can result in significantly lower annual broker costs compared to eXp or KW.
| Fee | Amount | Notes |
|---|---|---|
| Commission split | 15% to Real Broker | On every transaction until CAP is hit |
| Annual CAP | $12,000 | Lowest CAP of major cloud brokerages |
| Monthly fee | $0 | No monthly fee — major advantage |
| Post-CAP transaction fee | $285/deal | After CAP; max $5,500/yr post-CAP |
| E&O insurance | $30/transaction | Per-transaction coverage |
| CAP reset | Annual (anniversary date) | Resets each year on join date |
Source: Real Broker official support documentation (therealbrokerage.com), updated January 2026.
Pros
✓No monthly fees
✓85/15 split — most agent-favorable of major brokerages
✓$12K CAP — lowest of major cloud brokerages
✓Stock award program
✓Publicly traded company (NASDAQ: REAX)
Cons
✗$285/deal post-CAP fee
✗Revenue share requires recruiting
✗Newer brand with less Texas market recognition
✗CAP still resets annually
✗No in-person office or mentorship
Real Broker agents in Texas are on an 85/15 commission split — the agent keeps 85% and Real Broker keeps 15%. This is one of the most favorable splits among major brokerages. After paying $12,000 in splits (the annual CAP), agents pay a $285 per-transaction fee for the remainder of the year.
Real Broker's annual CAP is $12,000 — the lowest of the major cloud brokerages. To hit the CAP on an 85/15 split, an agent needs approximately $80,000 in gross commission income (GCI). After hitting the CAP, agents pay $285 per transaction, capped at $5,500 in post-CAP fees per year.
Real Broker does not charge a monthly fee, which is a significant advantage over eXp Realty ($85/mo) and Keller Williams ($50–$150/mo). Agents only pay when they close transactions. This makes Real Broker particularly favorable for part-time agents or those in slower production periods.
Real Broker offers a revenue share program similar to eXp Realty. Agents earn a percentage of the company's revenue generated by agents they attract to the brokerage. The program requires active recruiting to generate meaningful income. Real Broker also offers a stock award program for agents who hit certain production milestones.
Compare to TBS
Request the TBS pricing sheet and compare your exact annual cost against Real Broker's 85/15 split and $285/deal post-CAP fee.
Editorial Disclosure & Sources
Texas Broker Sponsor™ is a competing broker sponsorship service. This review is based on Real Broker's official support documentation at support.therealbrokerage.com, updated January 2026. Fee structures may vary. Verify all information directly with Real Broker before making a sponsorship decision.