This agent lost over $30k in one month. Find out how you can avoid making the same mistake.

It was a cracking month for Alex 4 properties sold with a total of $3m transacted, and a personal record. After years of putting in the work, honing the craft, and building a respected name, it should have been a month of celebration. But it wasn’t. Alex had just lost $30,000.

But how did this happen?

The answer is simple. Alex was so busy building a career and had failed to question their GCI split. In fact, like many, Alex was still getting the same deal as when they started in real estate over five years ago. 

The dilemma – Putting in the Work, Losing the Rewards.

Picture this: Alex secures a significant deal, a property selling for $500,000. With the industry-standard 2% commission, it seemed like a promising payday of $10,000. However, the franchise model, designed to offer support, turned out to be a double-edged sword.

In a gut-wrenching twist, the franchise claimed a staggering 50% of Alex’s commission – a substantial $5,000 lost on a single deal. And this was not an isolated incident. With each successful sale, the franchise consistently took half of the hard-earned commission, adding up to a staggering $30,000 lost in just one month.

Avoiding the trap. How to keep your hard-earned commission

Recognising the need for change, Alex turned to UrbanX, a platform empowering agents to break free from the shackles of traditional franchise models. What sets UrbanX apart? The promise of keeping up to 90% of the commission (with an average of 85%).

With UrbanX, the story unfolded differently. That same $500,000 sale resulted in a $10,000 commission, but this time, Alex kept $8,500 – a stark contrast to the previous $5,000. The financial impact was clear: UrbanX was the solution to avoid the substantial losses that had plagued Alex’s earnings.

In addition, Alex was blown away by the technology, support and marketing provided by UrbanX. Not only was he able to keep more of what he was earning, he also had more time for the most important things in life. 

The True Cost of Loss: Beyond The Bank Account

The $30,000 lost in commissions wasn’t just a financial setback for Alex; it was a loss of potential, growth, and the ability to reinvest in their business. The franchise model had unintentionally hindered the very success it promised to support.

UrbanX, on the other hand, presented a new way forward. By allowing agents to keep more of their hard-earned money, UrbanX became a catalyst for financial growth, professional development, and the creation of long-term wealth.

Making the Switch: Securing Your Future with UrbanX

Alex’s story is a cautionary tale for every agent putting in the work and expecting fair compensation. UrbanX offers a solution where your efforts directly contribute to your financial success. Avoid the limitations of the franchise model, make the switch to UrbanX, and ensure that every deal you close not only builds your income today but secures your future.

Don’t let your hard work be overshadowed by substantial loss of income. With UrbanX, you’re not just an agent; you’re an entrepreneur with the power to shape your own success. 

Start keeping more of what you earn – make the switch to UrbanX today and find out why we are where the best go next.