A new trend is the real estate industry that has emerged recently is the ability of salespeople and brokers to become owners in their brokerage company. Many brokerages are privately held. That means only the owners are benefiting from the brokerage profits. However, there is now an opportunity for agents to become owners of their brokerage. Every agent of the brokerage has the opportunity to share in the profits and take part in the equity growth of the company.
There are now publicly traded brokerage companies offering stock purchase incentive plans and stock awards to independent contractors working for the brokerage. I think this is only fair because the agents of the brokerage ARE the brokerage and are the ones driving revenues and profits for the brokerage. Why shouldn’t all of the agents be given the opportunity to share in the success of the entire organization? I now own a significant share of my brokerage company and you can too. Contact me if you would like to learn more.
