Real Brokerage Review | Trust Score & Ratings

Founded2014

HeadquartersToronto, Canada

Trust Score91/100

About Real Brokerage

Real Brokerage is a Toronto-based MLM company founded in 2014, focusing on real estate products and services. They operate through a network of independent distributors who sell directly to consumers.

Their hybrid binary/unilevel compensation plan offers various income streams, including retail profits and team commissions. However, their income disclosure shows a concentration of earnings among top earners, and monthly purchase requirements exist for full commissions.

With a BBB rating of A+ and a Trust Score of 87/100, Real Brokerage is generally well-regarded, but potential distributors should be aware of the risks involved in network marketing.

Pros and Cons

✓ Pros

Solid BBB Rating
Real Brokerage has an A+ rating from the Better Business Bureau, which indicates a strong commitment to customer service.
Flexible Compensation Plan
Their hybrid binary/unilevel plan allows for multiple income streams, making it easier to earn from different avenues.
Low Risk Level
With a risk level categorized as low, it suggests that the company has a stable business model and lower chances of collapse.
Decent Trustpilot Score
A 3.9/5 on Trustpilot shows that many users have had positive experiences with the company.
Incentives and Bonuses
The leadership bonus and incentive trips can motivate members to perform better and engage more with the business.

✗ Cons

Income Concentration
Their income disclosure shows that a significant portion of earnings goes to a small number of top earners, which can make it harder for new members to succeed.
Monthly Purchase Requirements
Members must meet monthly purchase requirements to earn full commissions, which can be a financial burden.
Complex Rank Structure
The rank structure can be confusing for new members, making it difficult to understand how to progress.
Limited Product Focus
Real Brokerage primarily focuses on real estate, so if you're not interested in that field, it might not be a good fit.

Verdict: Real Brokerage has some solid perks, like a good BBB rating and flexible income options. However, the income concentration and monthly purchase requirements are significant drawbacks that could hinder your success.

Best for: This opportunity might be best for those already in the real estate field or with a passion for it. If you're not interested in real estate or can't handle monthly costs, it’s probably best to steer clear.

Risk Analysis

Real Brokerage has a low overall risk profile, but potential recruits should be cautious about income concentration among top earners and mandatory monthly purchases for full commissions. Transparency in earnings may be an issue for some.

Key Concerns

Top earner concentration moderate
Income disclosure shows that a majority of earnings are concentrated among a small percentage of top earners.
Monthly purchase requirements moderate
Full commissions require ongoing monthly purchases, which could be financially burdensome for some members.

Positive Indicators

A+ BBB Rating
The company has maintained an A+ rating with the Better Business Bureau.
Trustpilot Score
Real Brokerage has a Trustpilot score of 3.9/5, indicating generally positive customer feedback.

Consumer Advice: If you're considering joining Real Brokerage, be sure to read the income disclosure carefully. Understand the monthly purchase requirements and how they might affect your earnings before diving in.

Frequently Asked Questions About Real Brokerage

Is Real Brokerage a legitimate MLM company?

Yes, Real Brokerage is a legitimate company. Founded in 2014 and headquartered in Toronto, Canada, it has an A+ rating from the Better Business Bureau. This suggests they operate transparently and have a good track record.

What products does Real Brokerage sell?

Real Brokerage primarily focuses on real estate services. They provide a platform for agents to list properties and connect with buyers. Their offerings include support tools for agents, making it easier to manage listings and transactions.

How much can you make with Real Brokerage?

Earnings with Real Brokerage can vary significantly. The income disclosure shows that top earners make substantial amounts, but those at the bottom earn much less. In general, your earnings will depend on your sales performance and how well you build your team.

Are there any complaints about Real Brokerage?

While Real Brokerage has a decent Trustpilot score of 3.9/5, there are some complaints regarding the commission structure and the monthly purchase requirements. Some agents find these aspects challenging, especially when starting out.

What is the compensation plan for Real Brokerage?

Real Brokerage uses a hybrid binary/unilevel compensation plan. This includes various income streams like retail profit, sponsor bonuses, team commissions, and leadership bonuses. You can rank up from Member to Presidential based on your performance.

How much does it cost to join Real Brokerage?

Joining Real Brokerage involves some costs, including monthly fees tied to commission eligibility. While specific numbers can vary, you should prepare for ongoing expenses that can impact your earnings.

What is Real Brokerage's BBB rating?

Real Brokerage holds an A+ rating from the Better Business Bureau. This indicates a strong commitment to resolving customer complaints and maintaining high business standards.

Are there alternatives to Real Brokerage?

Yes, there are several alternatives to Real Brokerage in the MLM space. Companies like Keller Williams and EXP Realty offer similar real estate services and commission structures. It's worth comparing these options to see which fits your needs better.

Compensation Plan

Plan Type

This is a hybrid compensation plan, which means it combines features of two systems: binary and unilevel. In simple terms, you can earn money based on your personal sales and also by building a team.

How Earnings Work

Retail Profit: You buy real estate services at a lower price and sell them at a higher price. The difference is your profit.
Sponsor Bonus: When you bring someone into the business, you earn a one-time bonus when they start selling. This is a nice little perk for helping out a friend.
Team Commissions: As your team grows, you can earn commissions based on their sales. The more successful they are, the more you earn.
Leadership Bonus: If you reach higher ranks in the company, you can earn additional bonuses for your leadership efforts.
Incentive Trip: Hit certain sales goals, and you might earn a trip or other fun incentives. Who doesn’t love a vacation?