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Additional FAQ Page.
The team leader will pay $14,000 in cap each year.
Team Members pay a reduced cap of $3500.
You can earn $9,100 a year from each downline.
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.
The agent will remain under their initial sponsor.
Your sponsor can not be changed unless you leave the company for over 180 days.
Once you have 25+ producing agents in your Level 1, what percentage of company dollar do you get for revenue share?
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.
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.
In Canzell portal, click the clearwater benefits, we have a partnership! You will fill out the info to speak with a rep.
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.
Level 1 Producing Agent
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.
No. Just $50 per month for E&O Insurance that covers the entire country!
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.
Once your stock is vested, you may do with it what you like.
18, and growing!
By the 15th of the month.
A freshly licensed agent with no experience.
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.
Currently, the stock is valued at $1.00 per share.
The vesting period is 3 years.
Yes. You cap and close 30+ transactions and teach one class per month.
We use Workplace, Slack, email, phone and zoom. We prefer Workplace 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.
No – everyone qualifies for base level revenue share. Only qualifications are for unlocking higher payouts.
You can have your own. When you do, you get $200 back at closing to help pay them 😊.
We have a weekly National Call at 12pm EST noon, and live training and webinars available on canzellcloud.com
No. Only the first closing.