Recruitment Promos

Below are the promos that are currently approved. You may offer these to any agents/leaders that you are looking to sponsor. You may only offer one of these promos. They cannot be combined. In order to be approved, but must be in an offer letter and agreed by the agent with an email sent to offers@canzell.com.

Waive E&O and Tech Fee for 6 Months

If they complete their onboarding by May 31, 2024, they can have their E&O and Tech fee waived. 

They need to complete the following steps:

  1. Fully onboard before 5pm EST on May 31, 2024. This means all payments are made and all documents have been signed and approved. 
  2. They need to stay with the company for a minimum of One year. If they leave before their first year they are require to pay back all of the E&O and Tech Fees that have been waived.

Cap Deferred for their 1st 6 months

If they complete their onboarding by May 31, 2024, they can have their cap deferred for the 1st 6 months. 

They need to complete the following steps:

  1. Fully onboard before 5pm EST on May 31, 2024. This means all payments are made and all documents have been signed and approved. 
  2. Once they are fully onboarded, they will send an email to accounting@canzell.com asking for their cap deferment to start.

If they leave before they pay their full cap the first year, they will have to repay the cap that was deffered within the 1st 6 months.

*Note: They must have closed 6 or more homes in the last 12 months for this option. They will not receive any capping and influencer stock until they pay a full cap to CanZell. 

CAP DEFFERMENT PLAN

Cap Deferment Plan

Let’s look at an example: An agent joins CanZell on May 20th. They were capped at the previous brokerage until November 1st. This is what their dates would look like:
Join Date
May 20th
Anniversary Date
June 1st
Cap Reset Date
November 1st

The Cap Deferment will start on May 20th and will end on October 31st. The agent’s Company Dollar requirement will reset annually on November 1st.

Requirements for Approval

To be considered for a Cap Deferment, agents must:

CAP DEFERMENT APPLICATION

Cap Deferment Plan

FAQ’s

 

Can I apply for a Cap Deferment if there was no cap at my previous brokerage?
No, a Cap Deferment is only for agents that have capped at their current brokerage.

Does CanZell offer brokerage or team Cap Deferments for their agents?
Yes, but each agent must qualify individually to apply.

Will the Capped Status Transaction Fees paid during my Cap Deferment Period count toward my individual Influencer cap requirement?
No, they will not. Once the Cap Deferment Period ends (at the agent’s Cap Reset Date, as explained above), the agent will begin paying Company Dollar as outlined in the ICA, and the standard 80/20 commission split will begin.

Will my sponsor and upline receive revenue share during my Cap Deferment period?
Your sponsor and upline will not receive revenue share from your production during the Cap Deferment period.

Revenue share is based on Company Dollar. Since you will not be paying Company Dollar during the Cap Deferment period, your sponsor and upline will not receive revenue share based on your production.

However, any producing agents that you have attracted, that are paying Company Dollar, will result in revenue
share for you and your upline.

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