WELCOME Being The Leader “If your actions inspire others to dream more, learn more, do more and become more, you are a leader” - John Quincy Adams.

Slides:



Advertisements
Similar presentations
© The McGraw-Hill Companies, Inc., 2002 McGraw-Hill/Irwin Rewarding Business Performance Chapter 24.
Advertisements

GO FOR THE GOLD TAR WINTER MEETING RISK REDUCTION FORUM AVIS WUKASCH & KERRI LEWIS.
Building Bucks Savings and Investment Basics. Overview Investing vs. Saving Considering Risk Terms and Definitions Working with Advisors, Brokers and.
A Quick presentation SVP Karen Piccinotti. Box Number 1 The documentation around ACN is beyond refute. Established in 1993 and operating in 23 countries.
Four-Step Process of Public Relations
Agent Sales Primer. ** For Agent Use Only ** © 2005 J.G. Wentworth2 Who is J.G. Wentworth?  14+ years experience with 42,000+ transactions worth over.
Real Estate Brokerage Chapter 10. Real Estate Brokerage The Real Estate Sales Process –Listing agreements (broker/owner relations) –Marketing the property.
Chapter 8 Real Estate Brokerage The Real Estate Sales Process –Listing agreements (broker/owner relations) –Marketing the property and qualifying buyers.
Preparing Your Business For Transition 1. Topics for Session  The Importance of Planning Your Exit Strategy in Advance  Set the Right Expectations when.
Three Industries. Three Opportunities. Agent | Builder | Owner.
1. On the Face – Skin Care Class, Facials 2. On the Go 3. Online - website 4. On Paper – PCP 5. Show Previews 6. Reorders.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 25-1 REWARDING BUSINESS PERFORMANCE Chapter 25.
Today’s Financial Crisis
Florida Real Estate Principles, Practices & Law 38th Edition Linda L. Crawford Copyright © 2015 Kaplan, Inc. All rights reserved.
Why Top Agents Choose Clients First Realty. Why Top Agents Choose Clients First Realty, LLC Clients First Realty, LLC “A Sign of Success” One of the Largest.
100 Strong Investment Group Real Estate Investment Partners.
ECONOMICS STUDY GUIDE. Investing – saving in a way that earns income Diversification – distributing funds among a variety of investments to minimize overall.
How to Buy & Sell Stocks & Bonds. Where are stocks bought & sold?  NYSE – oldest & largest stock exchange  OTC- over the counter market  Traded through.
Vicki Walsh Lifestyle Real Estate Referral Manager.
Raising Private Money Online Series Class 3: Perfecting the Private Money Pitch Konrad Sopielnikow of FortuneBuilders Inc & Chris Yates of CM Yates Inc.
Financial and non-Financial Rewards
Coldwell Banker Brokerage is pleased to offer the Real Estate Advantage Program for your company and your employees. Real Estate Advantage is a real estate.
Armstrong Financial Group Executive Search Management Consulting.
An Exclusive Marketing Plan For Mr. & Mrs. John Doe Prepared by: Susan M. Buscaglia, GRI Place your logo here.
Welcome! “The 11 commandments to selling your business for all it’s worth”
Success is no longer a dream… It’s your destiny! 1.
Part A: Design Session 4: Incorporate. Objectives: Identify one way in which new companies can raise cash to pay start-up expenses Incorporate new friendship.
Empowering Partner Success in 2014.
Plan for Success. A Business vs A Bigger You It takes 3 roles to build a business 1.Technician / Tradesman(woman) Understands how to do the work the business.
2003 NAR Member Profile $35 $35. NAR Membership 1,200,000 The worlds largest Trade Organization.
Welcome! May 16,  General Update  Investment Competition  How to pitch a stock  Stock Pitch.
© Ultimate Choice Travel Published March 25, 2008 GO ANYWHERE.
David Wood’s Mastermind Team. We Are Going To Keep It Simple: A Brief History Of Yours Truly… Sorry GPT – MLM Is Still The Way To Go Trends That Give.
Chapter 10 Real Estate Brokerage. The Real Estate Sales Process  listing agreement  marketing the property and qualifying buyers  presentation and.
Define the general term brokerage and the specific term real estate brokerage. Explain how the broker's and the salesperson's compensations are determined.
Sales & Recruiting Strategy Review Separation… Is in the Preparation.
Real Estate Broker? -Brandon Sacia. What is Real Estate Broker? A real estate broker or real estate agent is a person who acts as an intermediary between.
Three Industries. Three Opportunities. Business Opportunity Presentation.
Presented By Dan Coleman The Short Sale Process The short version.
12-1. P A R T P A R T Compensating Human Resources Establishing a Pay Structure Recognizing Employee Contributions with Pay Providing Employee Benefits.
Idea Name Team Members. Market Need What problems or needs your product will solve?
How Financially & Operationally Sound Are You?. “If you fail to plan, you plan to fail” - Unknown.
WELCOME TO ORIENTATION CLASS Phase 1
Training Example of how you can develop your Nu Skin Business
BUSINESS OPPORTUNITY Welcome to Vision: “To become one of the leading consumer company for innovative products, quality services for life & to create.
Business Plan.
5/22/15 BR: BASED ON THE TIME VALUE OF MONEY, EXPLAIN WHY IT MIGHT BE BETTER TO BEGIN INVESTING EARLY RATHER THAN LATER. ©2012 National Endowment for.
Mining & Construction Equipment Division Decatur, Illinois February 1, 2006.
System for Increasing Net Profits Without Increasing Marketing Budgets  2009 NetProfitQuest Pte Ltd. All rights reserved. NPQ Business Portal The Social.
Base Pay (Salary) Issues
Business Math JOHN MALL JUNIOR/SENIOR HIGH SCHOOL.
GOALS BUSINESS MATH© Thomson/South-WesternLesson 7.4Slide 1 7.4Buying Bonds Calculate the market price of bonds Calculate the total investment in bonds.
Compensation Need Assessment Group Members: Aamir Mohammad Syed Wasi Abbas Talha Ahmed Hoban Syed Haris Hussain Sumair Patel.
Creating the BREAKTHROUGH YEAR for Your Business By Jonathan Goldhill.
Financial Terms Important Terms for Life and for Spreadsheets.
Owners: John Graham, Andrew Moore,Romie Powell, & Zack Walton To the residents of Harrisonburg and all locals for Rockingham County.
PREPARING TO SELL YOUR LANGUAGE BUSINESS. HOW LONG WILL IT TAKE? Even with a quick transaction, minimum amount of time would be 4-6 months More likely.
FINANCIAL PLANNING Notes. Financial Planning in Business Financial questions never go away… Beginning a Business Where will you get the money? How much.
WELCOME Being The Leader “If your actions inspire others to dream more, learn more, do more and become more, you are a leader” - John Quincy Adams.
Taxes & Spending Calculating Gross Earnings 4.01A – Explain taxes on income. “We make a living by what we get; we make a life by what we give.” Sir Winston.
Learning from the Mistakes of Others How not to structure, run or design an equity plan October 5, 2012.
The Opportunity LifeCenter offers ways for insurance professionals to create additional revenue streams that most do not consider. Insurance agents are.
Entrepreneurship & Small Business Wednesday, June 22, 2016Wednesday, June 22, 2016Wednesday, June 22, 2016Wednesday, June 22, 2016 Chapter 5.
Mission Statements Mark Fielding-Pritchard mefielding.com1.
ESOP Succession and Liquidity Strategies for Business Owners For financial professional use only. Not for distribution to the public.
Building it BIG with Securities. Why the Time is Now  The company culture has recently changed  We now have all the tools in the toolbox  We now have.
Part Four Winning The Listing
Welcoming You Is what we do.
Presentation transcript:

WELCOME Being The Leader “If your actions inspire others to dream more, learn more, do more and become more, you are a leader” - John Quincy Adams

VALUE PROPOSITION  Avoid price  Brokerage within a Brokerage  Define what it is you are offering

ROI  Time  Revenue  Business Development

Investing In Your Team Anthony James

SACRAMENTO COUNTY – 3,147 Agents County Wide 2,229 Agents Under $2.5mm (73%) STATISTICS 1,270 Agents from $0-$500k 678 Agents from $500k-$1.5m 351 Agents from $1.5mm - $2.5m 474 Agents from $2.5mm-$5m 285 Agents from $5mm-10m 89 Agents doing $10m+ 678 Agents from $500k-$1.5m Your Targets!

PLACER COUNTY – 2,981 Agents County Wide 2,169 Agents Under $2.5mm (72%) STATISTICS 667 Agents from $500k-$1.5m Your Targets! 1182 Agents from $0-$500k 667 Agents from $500k-$1.5mm 320 Agents from $1.5mm - $2.5mm 439 Agents from $2.5mm-$5mm 278 Agents from $5mm-10mm 95 Agents doing $10mm+

EDH COUNTY – 695 Agents County Wide 509 Agents Under $2.5mm (73%) STATISTICS 178 Agents from $500k-$1.5m Your Targets! 248 Agents from $0-$500k 178 Agents from $500k-$1.5mm 83 Agents from $1.5mm - $2.5mm 105 Agents from $2.5mm-$5mm 57 Agents from $5mm-10mm 24 Agents doing $10mm+

PRODUCTIVITY PAYS

Why is not about making money. That’s a result. It’s a purpose, cause or belief. It’s the very reason your team exists

How do we then recruit agents to our team? Identify Target List (Manager can provide) Ex: $750k-$1.5mm Add to CRM Add on Social Media Make Calls, Set Appts, Give Presentation Sound Familiar?

An agent agrees to meet you, now what? Know your Value Proposition Be Prepared, Ask Questions Start with your Why, Explain your How, Show them your What! Ask them to join!

COMPENSATION MODELS Chris Powell

COMPENSATION MODELS Cost of Doing Business Managing Splits Bonuses RAPP

COMPENSATION MODELS COLDWELL BANKER 65/35 Split Avg. Price $300k x Avg. Transactions (5) = $1.5 Million Agent Commission $20,625 (net) RE/MAX GOLD TEAM MEMBER 60/20/20 Split Avg. Price $300k x Avg. Transactions (17) = $5.1 Million Agent Commission $83,921 (net) TEAM LEADER COMMISSION $25,500 (net)

COMPENSATION MODELS INDEPENDENT BROKER 75/25 Split Avg. Price $300k x Avg. Transactions (5) = $1.5 Million Agent Commission $28,125 (net) RE/MAX GOLD TEAM MEMBER 60/20/20 Split Avg. Price $300k x Avg. Transactions (17) = $5.1 Million Agent Commission $83,921 (net) TEAM LEADER COMMISSION $25,500 (net)

COMPENSATION MODELS TEAM MEMBER PAY PROGRAMS RAPP $6,600 OR $425/monthly PRODUCTION $1 MILLION+ If RAPP chosen, 20% split to RE/MAX Gold until RAPP is paid off If $425 per month chosen, no split with RE/MAX Gold

COMPENSATION MODELS TEAM MEMBER PAY PROGRAMS $425/monthly PRODUCTION LESS THAN $1 MILLION You Pay Monthly with 50/50 You Split Monthly with 60/40 Split They Pay Monthly with 65/35 Split Admin, E&O and Annual Fee Apply To All Programs

COMPENSATION MODELS TEAM MEMBER PAY PROGRAMS EMPLOYEE PLAN ASSISTANTS l BUYERS AGENTS l TRANSACTION CORDINATORS Hourly Pay + Bonuses Admin, E&O and Annual Fee Apply To All Programs

COMPENSATION MODELS Chris Powell

SUCCESSION PLAN Don McDonald

SETTING GOALS What’s Your Ultimate Goal The End Result Exit Strategy Build It Then Sell It…

SETTING GOALS What’s Your Ultimate Goal Be the Top Team In Your Office or Company? Financial Freedom? World Domination? How About Aligning Your Ambition With Your Life Vision…

SETTING GOALS THE END RESULT Directional Clarity Behavioral clarity Financial Clarity Operational Clarity Organizational Clarity

SETTING GOALS YOUR EXIT STRATEGY Directional Clarity Behavioral clarity Financial Clarity Operational Clarity Organizational Clarity

TEAM TRANSITION PLAN HOW TO EFFECTIVLY SELL YOUR TEAM Master Lead Generation Establish the 5 Components of Clarity Have Documented & Duplicable systems 85%+ Of The Business Must Come From Team Members

TEAM TRANSITION PLAN