Connect Realty Offers Hope to Agents
I have known for a long time that if I am going to make any real money in my business I need a way to expand my income stream. I have has so many people come to me with offers to join thier multi-level marketing company and make .50 on the $100 to sell cell phones and cable services. I totally get that MLM is a great way to make money if you put the effort in and get all your friends and family to join! I actually am a distributer for a great company called SendOutCards.com and I joined that because I use that service all the time and feel very comfortable sharing with others. Do I push it to the point of making real money from it...no...but I could if I wanted to and know that is a service I believe in.
But you know what? I'm a Real Estate Broker and I love what I do! So when I came across a company that offers all the services and tools I need to build that business it took me about 5 secs to join up! Now here is where it gets good..and if you are in Real Estate listen up! Connect Realty has come up with the best compensation plan the industry has to offer. Exit and Keller Williams can't touch this!
Your recurring revenue; let’s say you recruit 10 agents who in turn recruit 10 agents who in turn recruit 10 agents, 3 levels of agents. You would have 1110 agents making money for you, no cap. If the commission of the deal is $6000 the recurring revenue would be $240. NAR tells me the average agent closes 6 homes. Let’s see if I can get paid on 6660 closings at an average $240… well even if I am 90% wrong I still have a 6 figure recurring revenue stream.
This is the part I liked best no desk fees, nothing to pay each month, no more going to work not selling anything and still owing money. There is no franchise fee, which means that 80% is 80% not 74%. There are no technology fees you work from home anyway.
No transaction fees or junk fees, they just make you mad any how.
I think that beats selling cell phone services, don't you?
But you know what? I'm a Real Estate Broker and I love what I do! So when I came across a company that offers all the services and tools I need to build that business it took me about 5 secs to join up! Now here is where it gets good..and if you are in Real Estate listen up! Connect Realty has come up with the best compensation plan the industry has to offer. Exit and Keller Williams can't touch this!
Your recurring revenue; let’s say you recruit 10 agents who in turn recruit 10 agents who in turn recruit 10 agents, 3 levels of agents. You would have 1110 agents making money for you, no cap. If the commission of the deal is $6000 the recurring revenue would be $240. NAR tells me the average agent closes 6 homes. Let’s see if I can get paid on 6660 closings at an average $240… well even if I am 90% wrong I still have a 6 figure recurring revenue stream.
This is the part I liked best no desk fees, nothing to pay each month, no more going to work not selling anything and still owing money. There is no franchise fee, which means that 80% is 80% not 74%. There are no technology fees you work from home anyway.
No transaction fees or junk fees, they just make you mad any how.
I think that beats selling cell phone services, don't you?
2 Comments
-
Comment by Pat Howlett on February 16, 2009 at 3:30pm - Hey Dee, the Real Estate industry seems to be in a state of change these days. Traditional ways of doing business are being challenged in all industries. It will be interesting to see how this model plays out. Thanks for the heads up.
-
Comment by Dee Nott on February 16, 2009 at 3:40pm - Thanks Pat! Just opened in NC and SC and is growing everyday from agents sharing it with agents. Started on the West Coast about a year ago and is growing quickly! Our State Broker is in Durham so your neck of the woods! Thanks for reading my first blog!
Add a Comment
About
Badge
© 2009 Created by Pat Howlett on Ning. Create Your Own Social Network
You need to be a member of inSide910 Business Network to add comments!
Join this social network