We are excited to see you at the event! Keep your eye out for login instructions in your email. If you don’t receive an email we will be sending out a reminder before the event. Also feel free to reach out to us for any assitance getting logged in.
Additional FAQ Page.
How much does the team leader pay in cap in a mega team?
The team leader will pay $14,000 in cap each year.
How much will the team member pay in a cap on a mega team?
Team Members pay a reduced cap of $3500.
How much can you earn in revenue share from each downline per year?
You can earn $9,100 a year from each downline.
We are currently a privately traded company and our stocks are managed by who?
Stocks are managed by OptionTrax.
If an agent terminates their license with CanZell and rejoin, they have the right to pick a new sponsor if they rejoin after how many days?
The agent can pick a new sponsor if they rejoin after 180 days.
What happens if someone leaves and rejoins after 1 month, and they want to pick a new sponsor?
The agent will remain under their initial sponsor.
What if you don’t like your sponsor anymore and you want to pick a new sponsor?
Your sponsor can not be changed unless you leave the company for over 180 days.
Where can I find the training calendar?
You can find the training calendar on CanzellCloud.com.
We have live trainings every Tuesday at 12:00 pm EST with a national speaker who teaches our agents how to increase their production. We also have live and on-demand classes each day, which can be found on canzellcloud.com.
How can I get access to a Regus office and how can I find a location?
Once you sign your agreement for Regus, you will be sent an invitation from Regus to sign up for your account. It will have you download an app on your phone, and this is where you can book any services you need or look for locations for co-working spaces near you.
What are the production requirements to be an Influencer and gain your Influencer status and rewards?
Paid CANZELL Realty annual cap AND Close 30 transactions, and teach 1 class per month either via panel or a class that you create yourself.
How can you obtain insurance?
In Canzell portal, click the clearwater benefits, we have a partnership! You will fill out the info to speak with a rep.
What day are stocks transferred into optiontrax?
The 15th of the following month! Example: If your stock is awarded on January 6th, your stock would be transferred into OptionTrax on or about February 15th.
What is a L1PA?
Level 1 Producing Agent
When are you considered a L1PA?
My L1PA Agents: The total number of ACTIVE agents sponsored on your tier 1, husband-wife teams count as 1 spot. To be active, the agent must have done either 2 transactions or $5,000 in gross commission income in the last 6 months. (This is the number that goes towards unlocking tiers 4 and 5. Tiers 2 and 3 automatically are unlocked.
Do you have to pay multiple E&O if you are licensed in several states?
No. Just $50 per month for E&O Insurance that covers the entire country!
Can an agent list/sell their own real estate without taking agent commission?
Yes, but the must close 4 transactions with CanZell Realty before they can qualify for no commission. As an agent, they are able to buy or sell 4 transactions per year and the $395 flat fee is still required. In order to qualify, the agent must be on the title or loan.
Can I Gift stock to someone else?
Once your stock is vested, you may do with it what you like.
How many states is CR currently operating in?
18, and growing!
How often is revenue share paid out?
By the 15th of the month.
What do we consider a “brand new agent”?
A freshly licensed agent with no experience.
Can new agent mentorship be waived?
Mentorship will not be waived for any agent that has not completed 4 transactions in their lifetime. Mentorship can be waived for agents who have closed more than 4 in their lifetime, but must be approved by their broker. For example: if an agent has closed 3 transactions per year over the last 5 years, a total of 15 transactions, they may choose to opt out. This is a case by case basis: however; within their lifetime, if they have not done 4 transactions, mentorship can not be waived and a mentor is required.
What is the current valuation of the stock?
Currently, the stock is valued at $1.00 per share.
Vesting period for equity rewards is how long?
The vesting period is 3 years.
Is the only way to become an influencer to close 30 or more transactions per anniversary year?
Yes. You cap and close 30+ transactions and teach one class per month.
Is email the primary way to reach company admin and the managing brokers?
We use Facebook Groups, Slack, email, phone and zoom. We prefer Facebook and Slack, so we can make sure the agents are getting a quick and timely answer.
What is a new agents commission split for their 1st 4 transactions? How involved are their mentorship programs?
Mentors get 25% of agents 80% on their first 4 transactions. Mentor is very involved in the process, reviewing contracts, training, helping with client meetings, answer all questions for the agents.
Can a licensed agent sponsor their licensed spouse? ... Instead of having just one Spousal Team cap?
They can – both would just have to pay a full cap (or half cap if they form a team), if they choose to not share a cap.
Are there any qualifications you have to hit to get revenue share?
No – everyone qualifies for base level revenue share. Only qualifications are for unlocking higher payouts.
Are company transaction coordinators required? Or, can we have our own?
You can have your own. When you do, you get $200 back at closing to help pay them 😊.
Where/how do agents get access to training?
We have a weekly National Call at 12pm EST noon, and live training and webinars available on canzellcloud.com
Do agents get the $250 stock reward after closing their 1st transaction each anniversary year?
No. Only the first closing.