460 Realty says it has made history as the first Canadian real estate brokerage to offer profit sharing to real estate agents.
The independent brokerage, owned by longtime Island real estate broker Randy Forbes, operates under a profit sharing model that is unique to the Canadian real estate industry. Profit-sharing cheques were issues to 18 Realtors Feb. 11.
Some franchise brokerages of U.S. real estate company Keller-Williams engage in profit sharing in eastern Canada, but to date, 460 Realty claims to be the only Canadian brokerage that follows this structure.
460 Realty is a part of the larger 460 Group of companies that includes 460 Property Management, 460 Mortgage Investment Corporation and 460 Communications. The company is co-owned by the licensees and employees.
For more information, please visit www.460realty.com
