The short answer
Revel Realty is an independent, non-franchise brokerage with 500+ REALTORS® in 40+ offices, a 100% commission cap plan (amount not published), REVshare revenue sharing, REVEL ED courses and a one-year mentorship programme. Summitly (Coldwell Banker Summit Realty) offers the Coldwell Banker brand, Global Luxury and Commercial, and Summitly's AI platform. Compare written terms.
Revel Realty: key facts
- "Independent Non-Franchise Brokerage" with "500+ REALTORS®" and "40+ offices"; Member of Leading Real Estate Companies of the World and Luxury Portfolio International. Source
Summitly (Coldwell Banker Summit Realty, Brokerage) vs Revel Realty, side by side
| Term | Summitly | Revel Realty |
|---|---|---|
| Commission split | Package A 95/5; Package B 90/10 (95/5 after $100,000 GCI); brokerage leads 50/50 | Not published — ask Revel |
| Monthly & transaction fees | A: $200 + HST/month + $799 + HST on the first 4 deals a year; B: $125 + HST/month + $499 + HST on the first 4; a $500 brokerage minimum applies | Not published — ask Revel |
| Annual cap | No annual cap — the package split applies all year | "100% commission cap" plan; cap amount not published. Source |
| Revenue share / stock | No revenue-share or stock programme | "REVshare", an incentive-based revenue-sharing system. Source |
| Training | Onboarding training and Weekly training — in person, virtual where available | "REVEL ED" with "over 30 courses". Source |
| Mentorship | 1-to-1 from senior brokers for every agent, no extra charge | A one-year Mentorship Program. Source |
| Technology | Zara AI, instant valuations, MLS® map with sold history, brokerage CRM and open-house tech | "Planet Orange", an AI-driven platform with IDX sites, CRM and lead generation. Source |
Competitor facts are from the sources listed below, checked on the date shown; terms change, so confirm with each brokerage. "Ask us" means Summitly has not published that term on this site yet — we set it out in writing on request.
Who should choose Revel Realty, and who should choose Summitly
Choose Revel Realty if…
- You want an independent with a capped plan, revenue share and a one-year mentorship programme.
Choose Summitly if…
- You want a global franchise brand with Global Luxury and Commercial.
- You want a consumer AI platform whose tools you can try before you join.
Independent with revenue share, or franchise with a platform
Revel combines a capped plan with revenue sharing and its own education; Summitly combines a global franchise brand with a consumer AI platform and mentorship. Ask Revel for its cap amount and Summitly for its terms, and model both at your deal count.
How to compare Revel Realty and Summitly fairly
- Ask both for the split, every fee and any cap at your realistic deal count — in writing.
- Add twelve months of fixed fees and per-deal fees to the split.
- Subtract what you would pay yourself for leads, marketing and technology one provides and the other does not.
- Check both on RECO's public register before you sign.
Brokerage Leads
We give you warm leads. Never shared. And we help you close them.
When someone contacts Summitly about buying, selling or renting, we hand the lead to one agent — you. Agents on the Leads Plan ($299 + HST a month, no transaction fees, 90/10 on your own deals) receive them: no charge per lead, 50/50 when it closes, and a senior broker to help you convert. We don't promise a number of leads.
- Warm: they contacted us first
- Not shared: one lead, one agent
- Leads Plan: $299 + HST a month, no transaction fees · 50/50 on close
- Coaching to convert, every step
Get Summitly's terms in writing
Comparing with Revel Realty? Tell us about your business and we'll set out the split, every fee and any cap for your production level — confidential, no pressure.
Revel Realty vs Summitly for agents: FAQ
What is Revel Realty's commission plan?
Revel advertises a "100% commission cap" plan and REVshare revenue sharing; the cap amount is not published, so ask Revel directly.
Does Summitly offer revenue share?
No revenue-share programme is published for Summitly. Summitly (Coldwell Banker Summit Realty) has two packages for your own business. Package A is a 95/5 split with a $200 + HST monthly fee and $799 + HST on each of your first 4 completed transactions in a calendar year. Package B is 90/10 with $125 + HST a month and $499 + HST on the first 4, moving to 95/5 for the rest of the year after $100,000 GCI. A $500 minimum brokerage share applies per completed transaction, starting with transaction 5 in each calendar year; see your agreement for tax treatment and details. To receive brokerage leads, agents join the Leads Plan: $299 + HST a month, no transaction fees, 90/10 on their own deals, and 50/50 on deals from leads the brokerage provides.
What mentorship does Summitly offer?
Every Summitly agent gets 1-to-1 mentorship from senior brokers, in person at the Vaughan office, with a virtual option where available. There is onboarding training when you join and training every week, and recordings may be provided. Coaching and office support come at no extra charge.
Sources
- Revel Realty — join Revel — checked September 25, 2026
- Coldwell Banker — about — checked September 25, 2026
- RECO — Public register of brokerages and agents — checked September 25, 2026
Summitly is the technology platform of Coldwell Banker Summit Realty, Brokerage, a brokerage registered with the Real Estate Council of Ontario (RECO), 310-3100 Steeles Ave W, Vaughan, ON L4K 3R1. Each Coldwell Banker office is independently owned and operated. Agents join as self-employed, commission-based independent contractors, not employees; terms are those of the brokerage's agent agreement, and fees are before HST. Verify any brokerage or agent on the RECO public register.
This comparison reflects Summitly's offering and publicly available, general information; brokerage and platform features, commission structures and terms vary by office and change over time — verify current details with each company directly. Summitly is not affiliated with, endorsed by, or sponsoring the other companies named. All trademarks and brand names are the property of their respective owners.
