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Published byDeborah Marshall Modified over 9 years ago
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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
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VALUE PROPOSITION Avoid price Brokerage within a Brokerage Define what it is you are offering
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ROI Time Revenue Business Development
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Investing In Your Team Anthony James
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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!
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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+
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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+
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PRODUCTIVITY PAYS
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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
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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?
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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!
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COMPENSATION MODELS Chris Powell
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COMPENSATION MODELS Cost of Doing Business Managing Splits Bonuses RAPP
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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)
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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)
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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
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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
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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
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COMPENSATION MODELS Chris Powell
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SUCCESSION PLAN Don McDonald
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SETTING GOALS What’s Your Ultimate Goal The End Result Exit Strategy Build It Then Sell It…
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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…
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SETTING GOALS THE END RESULT Directional Clarity Behavioral clarity Financial Clarity Operational Clarity Organizational Clarity
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SETTING GOALS YOUR EXIT STRATEGY Directional Clarity Behavioral clarity Financial Clarity Operational Clarity Organizational Clarity
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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
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TEAM TRANSITION PLAN
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