I want all the details.
Everything below is for agents. Specifically the Leslie Knopes and Hermione Grangers who want every detail in one spot, color coded, before the call.
Entity, economics, who pays for what, how money moves, supervision, ownership, onboarding, governance. No persuasion on this page.
Some people cannot make a decision until they have seen the whole structure. That is how a lot of very good agents are wired, and we would rather you be that person here than pretend to be a different one. Everything below is published rather than pitched. Bring it to the call and make us walk through any line of it.
01 · The entity
- Legal entity
- Olympus Real Estate LLC
- Principal broker
- Keith Callister
- Utah company license
- 14126754-CN00
- Founded
- 2026
- Office
- 2656 W Reagan Park Ln, Bluffdale, Utah 84065
- Agent relationship
- Independent contractor. Agreement provided in writing before you sign anything.
- Verification
- Every license here is public record at the Utah Division of Real Estate. Look us up before you call.
02 · The economics, in full
| Line | Amount | Notes |
|---|---|---|
| Per closed transaction | $750 | Flat fee per closed side. Not a percentage of commission. |
| Annual cap | 17 transactions | Calendar year basis. Resets 1 January. |
| Maximum you can pay in a year | $12,750 | 17 × $750. Applies at any production level. |
| Transaction 18 and beyond | $0 | No brokerage fee on transactions 18 and above. |
| Commission split | None | — |
| Franchise fee | None | — |
| Monthly desk fee | None | — |
| Admin or transaction fee | None | — |
| Technology fee | None | — |
| Agent referral bonus | $150 per closing | Paid per closing to the referring agent, until the referred agent reaches their cap. |
03 · Who pays for what
The brokerage carries
- Errors and omissions insurance, carried at the brokerage level
- Broker supervision and contract review
- Trust accounting and commission disbursement
- Canva Teams account
- One-on-one coaching and CRM setup
- The Bluffdale office, desks and meeting space
You carry
- Your own license and association dues
- MLS access
- Your personal marketing
That is the complete list of agent-borne costs. If anything else comes up later, it would be a change to this schedule and you would be told before it applied.
04 · How the money actually moves
- 01
Trust account
Earnest money and client funds run through brokerage trust accounts. Never an agent’s personal account.
- 02
Disbursement
Commission disbursement runs through the brokerage. The $750 is deducted at closing rather than invoiced afterwards.
- 03
Payroll
Commissions are processed daily and deposited the following business day.
05 · Supervision and compliance
Contracts, disclosures, deadlines and earnest money pass through broker review. The principal broker reads the contract with the agent and explains the reasoning behind each provision, so the agent can identify it independently next time. Unusual mid-transaction questions go directly to the principal broker.
06 · Ownership
- Your leads
- Agent-owned. The brokerage does not sell leads to its agents or assign purchased lead lists.
- Your database
- Agent-owned. It transfers with the agent on departure.
- Your brand
- Agent-owned. No requirement to operate under a brokerage-controlled personal brand.
- Cover while you are out
- Provided by other agents at no cost and no share of commission.
07 · Joining, step by step
- 01
Conversation with both founders
Thirty to sixty minutes with both founders. No recruiter, no intermediary.
- 02
Paperwork in writing, first
Independent contractor agreement and fee schedule before you commit to anything.
- 03
License transfer
Utah Division of Real Estate, board and MLS updates, plus a plan for transactions already in progress so no client gets dropped.
- 04
First month
Goals set backwards from your life, CRM built with you using your actual people, introductions to everyone here.
08 · Governance
- Headcount ceiling
- Fifty agents. Stated ceiling, not a growth target.
- Recruiting basis
- Mindset and personality, not production numbers.
- Floor duty
- None.
- Lead competition between agents
- None. No agent’s compensation derives from another agent’s production.
- Production quota
- None.
What is not on this page
Specific errors and omissions policy limits, the full text of the independent contractor agreement, and the handling of an existing team or partnership structure. These vary by situation and are better reviewed as documents than summarised here. Request them on the call and they will be sent.