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If you earn more, you should keep more


By One Agency Pty Ltd

03 September 2026 • 3 minute read


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Real estate is built on performance. So why does success often come with a bigger bill? There is something fundamentally backwards about a business model where the more successful you become, the more you are charged for being successful.

Yet that is the reality facing many real estate agents and agency principals today.

The cost of doing business continues to rise. Wages, rent, technology, marketing, compliance, insurance and administration are all taking their share. Add traditional franchise and corporate fees into the equation, and a significant portion of the revenue generated by an agency can disappear before it ever reaches the bottom line.

At some point, we need to ask a simple question: If you earn more, shouldn't you keep more?

The success tax

For decades, the traditional real estate model has been accepted as simply the way the industry works.

An agent generates a listing. They sell it. The agency takes its share.

An office grows its revenue. Corporate takes a larger share.

The numbers get bigger, but so does the amount being handed away.

For a high-performing agent, this can feel like a success tax. The better you perform, the more you give up.

And for agency principals, the problem can be even more pronounced. Traditional franchise structures often bring significant ongoing corporate fee costs, contributing to net profit margins much lower than what they could be if you were operating independently.

That means an agency can be generating millions in revenue and still find that relatively little of that growth translates into actual business profit.

Revenue goes up, but so do the costs. The principal is then left asking: where did all the money go?

Bigger isn't always better

The industry has spent years encouraging agents to chase growth.

More listings. More sales. More agents. More offices.

But bigger revenue doesn't automatically mean a better business.

If every additional dollar generated comes with another percentage paid away, growth can become an expensive exercise. You can work harder, sell more and build a bigger operation, only to discover that your personal financial reward hasn't kept pace with the effort.

That is a strange definition of success.

A genuinely successful business should become more profitable as it becomes more successful, not simply more expensive to operate.

What if the model changed?

This is why alternative approaches to agency ownership deserve serious consideration.

One Agency was built around a simple idea: replace forever increasing costs with one predictable fixed cost and allow agency owners to keep the rewards of their own hard work.

Since 2008, One Agency has helped hundreds of real estate professionals make the confident transition from agent to agency owner.

As the original disruptors of the real estate industry, the unique model is based on a simple low-cost, flat monthly subscription rather than a traditional percentage-fee structure. Once the monthly subscription is covered, members retain 100% of their earnings.

Keep more. Choose more.

In real estate, profitability shouldn’t just be about revenue, it should be about what you keep. When the profit you keep becomes clear, you get to decide what happens next.

It could mean investing more into your business. Hiring another team member. Increasing your advertising. Incentivising staff. Expanding into another market.

Or perhaps it simply means taking home more of the money you worked hard to generate.

The important thing is that you get to decide.

That is the real value of the operational freedom and profitability that One Agency enables its members.

Imagine being an independent and profitable agency, with the recognition, support, tools and resources of an international network.

The future of real estate may not belong to the agencies with the biggest corporate structures or the most offices. It belongs to the professionals who realise that revenue without profit is not the same as success — and that ownership means having control over the rewards that come with building a successful business.

The industry has spent enough time asking agents how much they can sell, and principals how much they can grow.

Perhaps it's time to ask a better question:

How much of what you earn do you actually get to keep?

Because if you earn more, you should keep more.