The agent who built it
Years of work, recognised with ongoing income after you step away.
Patch Equity · Proposed
You’ve built the business. Why walk away with nothing?
You can spend 20 years becoming the leading agent in a suburb. That sales goodwill is hard to sell. Patch Equity is designed to change that.
How it works
Build it. Hand it over. Keep earning.
Your patchThe business you’ve built
Build your patch
Spend at least five years building a successful PropertyCo territory.
Hand it over
Transfer it to another PropertyCo agent through an approved succession process.
Keep earning
Receive a declining five year commission trail from qualifying sales in your old patch.
The commission structure
Your last sale doesn’t have to be your last commission.
YearAgent taking overAgent handing overPropertyCo
170%10%20%
272%8%20%
374%6%20%
476%4%20%
578%2%20%
6 onwards80%0%20%
What could your patch generate?
Drag your patch’s annual GCI.
See the five yearly trail payments, assuming your patch keeps producing the same GCI each year.
Your patch’s annual GCI$600,000
Year 1$60,000
Year 2$48,000
Year 3$36,000
Year 4$24,000
Year 5$12,000
Potential succession income$180,000
Assumes the same qualifying annual GCI for all five years. Actual payments depend on future sales and program terms. No upfront payment is assumed.
The three winners
One successful career helps launch the next.
The agent taking over
An established patch instead of starting from scratch. Commission starts at 70% and rises to 80% over five years.
PropertyCo
A structured handover that keeps the patch growing instead of losing it when an agent moves on.
And you don’t have to retire. Move into Prestige, develop another territory, ease your workload or mentor the next generation. Bree can talk you through the handover process.
Life at PropertyCo
Real agents.
Real sales.
Real Coast.
Rewarded for what you build
Most agencies reward you for what you sell. PropertyCo wants to reward you for what you build.
Patch Equity is a proposed initiative, subject to final eligibility, qualification and succession terms.