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Not a real estate office

We work for you.

Every other model works the same way: agents work for the office, the office takes its cut and the principal builds the asset. PropertyCo Services flips that. We're a service provider to agents, and you keep the business you build.

The model at a glance.

PropertyCo Services on one screen. No fine print hiding underneath.

Commission split
Commission only agents keep 80% of their GCI
Desk and franchise fees
None. Not one.
Rent roll equity
Refer managements and build equity. We run the rent roll
Referral income
Of the GCI of agents you introduce, paid forever by PropertyCo
Lock in and exit fees
Agents can leave when they choose
Handled in house
  • Marketing
  • Compliance
  • Free AML checks
  • Training
  • Dialogues
  • PropertyCo OS™
  • Trust accounting
  • Listings to settlement
  • Rent roll management
  • Appraisal leads
  • Database leads
Who it's for
Real estate sales agents on the Central Coast of NSW
Brand
Trade as PropertyCo powered by your own name
Part of
PropertyCo, locally owned, selling and leasing on the Coast for over 20 years
Based
2 Ilya Avenue, Erina NSW 2250

Earn

A sold PropertyCo board at a rainforest retreat
Photo to come: A sold PropertyCo board at a rainforest retreat

Keep up to 80% of your GCI. No desk fees, no franchise fees, no levies.

Your split is your split. You list it, you sell it, you keep the money. There are no surprise deductions taken off the top before it reaches you. The 80% applies to standalone, commission only agents.

Example on $250,000 GCI. Illustration only.

At a 55% split$137,500
At an 80% split$200,000
Extra every year$62,500

Multiply

James Keelan and Edan Sirone with a sold off market board
Photo to come: James Keelan and Edan Sirone with a sold off market board

Introduce agents to PropertyCo and earn 5% of their GCI, forever. Paid by PropertyCo, never taken from their 80%.

You're not managing them and you're not training them. You're paid for the relationship you started. It's a second income stream that grows alongside your own business without adding an hour to your week.

Example: you introduce two agents writing $250,000 each. Illustration only.

Their combined GCI$500,000
Referral rate5%
Your referral income each year, forever$25,000

Own

The PropertyCo property management team

Refer the management. We run it. You build equity.

Most agents spend decades generating revenue for someone else’s rent roll. Here you build equity in it instead, under our rent roll ownership model, while our property management team runs it from start to finish.

How rent roll equity works

Example: 20 new managements a year for 5 years at $650 a week rent. Illustration only.

Managements owned in year five100
Annual fees at 7.5%$253,500
Value at a 3x multiple$760,500

Build

Your patchThe business you’ve built

Build a patch. Hand it on. Keep earning.

Spend five years or more building a patch with PropertyCo. When you’re ready to move on, hand it to another PropertyCo agent and keep earning a declining commission trail for five years from the business you built.

Example: an established patch producing $600K GCI a year. Proposed initiative. Illustration only, subject to final eligibility, qualification and succession terms.

Trail period after you hand it on5 years
Potential succession income$180,000

Three ways to run your career.

Independence without the overhead is the whole point. Here's how the options compare.

FeatureTraditional officeGoing independentPropertyCo Services
What you keepOften 50 to 60% of GCIAll of it, before costsUp to 80% of GCI
Desk and franchise feesCommonYou pay every billNone
Who owns the rent rollUsually the principalYouYou, managed by us start to finish
Leads passed to youDepends on the officeNoneAppraisal, rent roll and database
Trust accounting and complianceThe officeYouHandled for you
AML checksOften charged per checkYou pay for every oneFree
Training and toolsVariesYou source it yourselfFree training, dialogues and PropertyCo OS™
MarketingShared, often templatedBuilt from scratchIn house team, proof by end of day
Capital at riskNoneLease, payroll, software, insuranceNone
Lock inContract terms varyLease and staff commitmentsNo lock in, no exit fees

How it works behind the scenes.

You work under PropertyCo's licence, so the trust account, compliance and the legal side of running an agency are handled for you.

You keep your name front and centre. Trade as PropertyCo powered by your name, with your own profile, socials, suburb pages and marketing, all done properly.

Liz Jenkins and her vendor jumping in front of their sold board
Photo to come: Liz Jenkins and her vendor jumping in front of their sold board

What you bring

  • Your listings, your relationships and your work ethic
  • A suburb or patch you want to own
  • A plan for the next five years
  • A genuine love of helping people

What you leave behind

  • Desk fees and franchise fees
  • Admin at nine at night
  • Asking permission to take a holiday
  • Someone else's name on your boards
  • The egos and the office politics

Life at PropertyCo

Real agents.
Real sales.
Real Coast.

See your own numbers

Private, no sign up. Your figures stay with you.

Run my numbers Let's talk