Unlike other industry programs, PartnerUp Revenue Share is focused on quality over quantity, bringing more of the world’s best agents into the Side community of top-producing agents and teams.
San Francisco, CA (September 23, 2024) – Side, the only real estate brokerage platform that helps top agents and teams create and grow their own companies, today announced the PartnerUp Revenue Share program, a new type of revenue share program built around mentorship, not downlines.
When a Side partner agent refers and mentors a top-producing agent to start their own real estate company on the Side platform, they will share in a portion of the revenue Side collects from that company in perpetuity without caps. To qualify, the agent and team must meet Side’s partnership production requirements of at least $30M/year.
“There is no revenue share program like this in the real estate industry,” said Guy Gal, CEO at Side. “Other programs are structured like multi-level marketing schemes with downlines that incentivize quantity over quality, compromising the integrity of our industry. Our focus at Side has always been on serving top-producing agents and teams, and PartnerUp Revenue Share reflects that. So many of our agent partners already mentor other agents, and this program formalizes and supports them in doing more of that.”
Alongside PartnerUp Revenue Share, Side is announcing three major product releases to enhance Side’s best-in-class technology platform: a new referral platform, an off-market and coming-soon listing network, and a marketplace of verified business tools and services. These features are designed to help agents on the Side platform leverage their greatest resource — the community — to grow.
2024 has been a record financial year for Side. To increase focus on PartnerUp, Side has restructured some teams to be in full alignment with this new initiative, and as a result, some employees will be departing the company. With this strategic direction, Side is forecasting another record year in 2025.
