The Real Brokerage Supports Agents in the U.S. and Canada with Healthcare Benefits Resources
The Real Brokerage Inc. (NASDAQ: REAX) has partnered with Global Benefits Partners in the U.S. and Sterling Capital Brokers in Canada to provide healthcare benefits resources to its affiliated agents. This partnership aims to address the historical challenge of independent real estate agents securing access to healthcare. By offering discounted coverage options and expert planning assistance, The Real Brokerage is working to bridge this gap and prioritize the well-being of its agents and their families.
Group Purchasing Power and Competitive Insurance Options
Through the partnership, agents of The Real Brokerage can benefit from group purchasing power, which translates into more competitively priced insurance options. In the U.S., agents can access curated medical, dental, and vision plans, voluntary benefits, disability income insurance, and term life insurance at group rates with potential savings of up to 35%. In Canada, agents have the option to select supplemental health and dental insurance, wellbeing programs, and income replacement insurance tailored to their needs.
Enhancing Agent Value and Earnings Opportunities
These healthcare benefits partnerships are part of The Real Brokerage's commitment to creating value for its agents. In addition to offering high commission splits, the company provides increased earnings opportunities through a culture of collaboration, stock ownership, and revenue sharing. The Real Brokerage has enhanced its Revenue Sharing Program, making more agents eligible for the program and introducing innovative Co-Sponsorship and Williable Revenue Sharing programs.
In conclusion, The Real Brokerage's provision of healthcare benefits resources demonstrates its dedication to supporting the well-being and success of its agents in the U.S. and Canada. By addressing the challenge of healthcare access, the company aims to empower agents to make informed decisions and prioritize their health and that of their families.
A New Approach to Agent Support: The Real Brokerage's Healthcare Initiative
The Real Brokerage Inc.'s recent partnership with Global Benefits Partners and Sterling Capital Brokers to provide healthcare benefits resources to its agents is a game-changer. This move not only addresses a long-standing challenge faced by independent real estate agents but also sets a new standard for agent support in the industry.
Implications for New Businesses
For new businesses in the real estate sector, this development presents both a challenge and an opportunity. The challenge lies in matching or surpassing this level of agent support, which could be a significant differentiator in attracting and retaining talent. On the other hand, it opens up opportunities for new businesses to rethink their approach to agent support and explore innovative solutions that address the unique needs of their agents.
More than Just Commission Splits
The Real Brokerage's initiative underscores the fact that agent support goes beyond offering high commission splits. It involves creating an environment that promotes the overall well-being and success of agents. This could involve offering resources for personal and professional development, fostering a collaborative culture, and providing tangible benefits that improve the quality of life of agents.
In conclusion, The Real Brokerage's healthcare benefits initiative is a bold move that could redefine agent support in the real estate industry. It challenges new businesses to think beyond traditional models and explore innovative ways to support their agents.