Berkshire Hathaway HomeServices PenFed Realty, one of the country's fastest-growing real estate brokerages with more than 2,000 Realtors® and $8 billion in annual sales volume, is pleased to launch a powerful new revenue-sharing program in the Mid-Atlantic Region that gives agents the potential to earn an unlimited amount of passive income.
ALEXANDRIA, Va., April 10, 2023 /PRNewswire-PRWeb/ -- Berkshire Hathaway HomeServices PenFed Realty, one of the country's fastest-growing real estate brokerages with more than 2,000 Realtors® and $8 billion in annual sales volume, is pleased to launch a powerful new revenue-sharing program in the Mid-Atlantic Region that gives agents the potential to earn an unlimited amount of passive income.
The program, Rev$hare©, allows PenFed Realty's Mid-Atlantic agents to take part in the company's financial success through a three-tier structure that rewards them for referring and actively helping to recruit reputable sales professionals. With its no-cap structure, Rev$hare allows agents to earn an unlimited amount based on the unit production of three layers of agent recruitment levels.
"Rev$hare is unique in the industry in that our agents can generate multiple tiers of passive income while reaping the benefits of a globally recognized brand, company-generated referrals, dedicated full-service brokerage management, an extensive office footprint, and industry-leading coaching, training, marketing, and technology," said PenFed Realty President Kevin Wiles. "Further, we have not capped the amount that an agent can earn, which makes the potential for significant earnings very achievable. This exciting new program fits squarely into PenFed Realty's mission, which is to provide our real estate professionals with a gateway to an enhanced quality of life and better financial opportunities."
With Rev$hare, PenFed Realty's Mid-Atlantic agents earn income for every unit sale closed by an agent they directly recruited. That same PenFed Realty agent can also climb in status and earn escalating bonus amounts based on the unit sales of their secondary- and tertiary-level recruits. These secondary- and tertiary-level recruits allow the original agent at the top of the tier to climb into higher status levels where bonus amounts grow larger based on the unit production of everyone in their secondary and tertiary tiers, with no limits on the reward amount.
"Rev$hare is a way to allow our Mid-Atlantic agents to participate in the company's growth and success while also providing them with an additional funding source for their retirement nest egg," Wiles said. "This is another way that we've continued with our promise to take perfect care of our agents so that they in turn can take perfect care of their clients."
To learn more about Rev$hare, visit penfedrealty.com/revshare.
About Berkshire Hathaway HomeServices PenFed Realty
Berkshire Hathaway HomeServices PenFed Realty (http://www.penfedrealty.com) is a full-service real estate company with an annual sales volume of $8 billion. Headquartered in Alexandria, Va., the company has over 2,000 agents and more than 60 offices nationwide that serve 20,000 clients each year with residential and commercial real estate services. PenFed Realty is a wholly owned subsidiary of PenFed Credit Union and is a member of the Berkshire Hathaway HomeServices brokerage network, operated by HSF Affiliates LLC. We are a proud equal employment opportunity employer. Equal Housing Opportunity.
Media Contact
Karmela Lejarde, Berkshire Hathaway HomeServices PenFed Realty, 703-539-1512, [email protected]
SOURCE Berkshire Hathaway HomeServices PenFed Realty
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