What’s the Purpose Increase our bottom line How

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Presentation transcript:

What’s the Purpose Increase our bottom line How 6 X 12 = 72 less 25% attrition = 54 net agents a year Average commission $6,000.00 per side New recruits split 70/30 30% = $1,800.00

Office bottom line Average number of closings per new recruit per year Two (2) Recruiters income 15% $900.00 X 2 X 54 = $97,200.00 House receives 15% $900.00 plus 5% AAD $300.00 Total Income per closing $1,200.00 $1200.00 X 2 X 54 = $129,600.00

Additional Benefits Growth Better trained agents Increase the bottom line year after year Great recruiting Tool Great retention Tool Zero cost to the Office Office reputation in the Marketplace New agents are easier to recruit

Trainers/Mentors Duties Prospect by phone to recruit the new agents (Fill in the Class) Conduct the Interviews Assist with the onboarding Arrange the class schedules and coordinate with the manager and the recruiter. Start a class every 4 weeks Ideally one day and one evening class Master the CAP program Dress professionally

Trainers/Mentors Duties Recruit quality new agents reducing attrition and saving time Making sure that they understand how the Real Estate business works and that they have the financial recourses necessary Recruit existing agents that are struggling using Broker Metrix Be accountable on a weekly basis to the manager/Broker Issue graduation Certificates Find the best source to get new agents lists Call the new agents before they write their State exam Advertise on Craig’s list

Challenges

Challenges Finding the right person Former educators are usually a good fit Filling the classes Conducting classes on a regular schedule Making sure that all the students sign the accountability contract How to handle new recruits prior to licensing Where to get the list Making recruiting calls and booking appointments

New additions to the CAP program New Sections Preparing and dealing with Buyers Negotiating a contract A listing presentation (Available on Sellstate Source) A new work book with Power point slides and a questionnaire that it’s easier to follow. Keeps the trainer on track It is critical that the trainer learns and understands the manual

Cap Program Workbook The later weeks have fewer Slides yet cover some very important topics such as: The importance of preparing Buyers Listing presentation Online Prospecting Advantages of Farming Negotiating a contract In short The Trainer must know the program inside out