In this comparison between LPT vs Compass, we’ll dive into the key differences that real estate agents should consider when choosing the best brokerage to meet their career and income goals.
Commission Splits and Fees
LPT Realty offers competitive commission splits ranging from 80/20 to 100/0, with no franchise or royalty fees. Agents benefit from a $15K production cap, after which they retain 100% of their commission. LPT Realty’s monthly fees are flexible, starting at $0 and going up to $149, depending on the agent’s package. Transaction fees are set at $195 before the cap, making it a cost-efficient option for agents looking to maximize earnings.
Compass, in contrast, has commission splits that range from 60/40 to 92.5/7.5, however, Compassagents only sometimes have a production cap, meaning agents continue to split commissions indefinitely. Monthly fees start at $145 and can vary depending on the office, and transaction fees may go up to 4%, making it a more costly option.
Income Opportunities
LPT Realty offers a revenue share model, allowing agents to generate passive income by recruiting others to the brokerage. This program creates additional long-term income opportunities for agents. LPT Realty also offers a retirement income path and willable income, ensuring agents can plan for their financial future beyond commissions.
Compass does not offer a revenue share model, retirement income, or willable income paths. Agents at Compass are limited to commission-based income, which can restrict long-term financial growth and wealth-building potential.
Training and Support
LPT Realty provides agents with solid training resources and 24/7 agent support, ensuring agents have the tools they need to succeed at any time. The availability of support round-the-clock is a key advantage for agents who need immediate assistance.
Compass has a more traditional training approach through the Compass Academy, offering good resources but without 24/7 agent support. This can be a downside for agents who require ongoing support, especially during non-standard working hours.
Technology and Resources
LPT Realty provides advanced technology platforms that support CRM, marketing, and transaction management, giving agents the flexibility and efficiency needed to thrive in modern real estate. These tools are cloud-based, allowing agents to access their work anytime, anywhere.
Compass is known for its proprietary technology, which is geared toward marketing and luxury markets. While it is highly regarded, the higher costs associated with accessing these tools may deter some agents from looking for a more affordable option.
Agent Satisfaction
LPT Realty has a Glassdoor rating of 4.3 stars from 37 reviews, with agents praising the revenue share program and lower fees. The smaller number of reviews reflects LPT Realty’s newer entry into the market, but feedback is generally positive.
Compass holds a 3.7-star rating from 2.4K reviews. While its prestige and technology are appreciated, many agents express concerns over the higher fees and the lack of income opportunities beyond commissions.
Final Thoughts on LPT Realty vs Compass
LPT Realty stands out with its lower fees, income opportunities through revenue sharing, and long-term financial benefits like retirement and willable income paths. It is a great option for agents looking for cost-effective solutions and passive income streams.
Compass is a prestigious brokerage with strong branding and luxury market expertise, but its higher costs and lack of passive income options may not appeal to agents focused on maximizing earnings and planning for the future.
For more in-depth comparisons, check out our eXp vs traditional brokerage comparison and online brokerage comparison pages. Explore the advantages each brokerage offers, and don’t forget to see why many agents are turning to eXp Realty for even more opportunities.
Join Our FREE Team at eXp Realty
Join the leading force in real estate with eXp Realty – the only profitable publicly traded brokerage over the past five years and holds the prestigious title of the best brokerage to work for. The benefits of eXp Realty are unmatched and will truly exceed your expectations!
When you join us at Smart Agent Alliance, you’ll also be part of the Wolf Pack at eXp Realty. Together we are one big team and we provide more FREE value than you’ll get anywhere else in the real estate business.
What’s included? Access our exclusive SAA Vault Assets to enhance your business efficiency, attend weekly team video calls filled with invaluable insights and top agent strategies, and receive the Social Agent Academy Program and Investor Army Courses – a combined value of over $1,500 – absolutely free. And that’s just the beginning! Explore more about our robust team benefits.
Don’t let this opportunity pass you by. Transform your real estate career, maximize your income, and secure your future. Contact us now to schedule a video consultation or email us at team@SmartAgentAlliance.com. We’re here to ensure your success.
