Let's be honest: The FavoriteAgent.com approach is way outside of the box. That's why it's attracted the attention of CNN, who identified our company as "changing the face of real estate in America".
The fact is that traditional real estate is adrift today. Realogy Corporation, the largest and most traditional real estate company in America and parent company of Century 21, ERA, Coldwell Banker, and Sotheby's International Realty, posted operating losses of over $2 billion for the 12-month period ending in March 2009. In almost every market, large traditional brokerages are closing their doors forever. Why?
Because real estate is not changing -- real estate has already changed. Sure, people are still buying and selling homes more than ever before, but the methodology for attracting customers and delivering real estate brokerage services to the public has changed. Technology has changed our industry just like it has every other industry.
Change is good. Old-school real estate must give way to real estate the new way. It's the natural evolution of our industry. And FavoriteAgent.com has identified the new direction and is already training and empowering agents to succeed in the technology age.
Join a Local Virtual Real Estate Office
Joining a real estate company, whether you are considering a move, or joining for your first time, is an important decision and one that you should make carefully and deliberately. So why should you join FavoriteAgent.com (or any company for that matter)?
To be perfectly honest, we didn't know the answer, so we conducted a survey. We queried half a million real estate professionals and discovered that the vast majority of agents choose a brokerage for five reasons, and we've made it our mission to excel in all five areas.
1. Customers
Join FavoriteAgent.com and you'll immediately solve the number one problem facing agents today: not enough customers. Our agents have exclusive access to our proprietary lead capture technology, enabling them to produce as many customer leads as they can work. Our typical agent spends about $250 in advertising and generates up to 80-90 customer leads per month.
2. Tools
Today, most agents spend a fortune on tools and software. Not at FavoriteAgent.com. Our agents get their own state-of-the-art LCM Web Gateway, their own LCM Phone Gateway, their own personal Agent SimpleSite website, their own integrated Pipeline Client Manager, and Pipeline Virtual Assistant. They also get exclusive access to the Pipeline Training Library, complete with hundreds of training articles, videos, calculators, business planning modules and much, much more. The Virtual Office technology bundle licenses for $1,100 per month, but our agents get it free, paid for by the company.
3. Training
Many companies talk about training. FavoriteAgent.com actually does training. I'm a nationally syndicated author of real estate training material with well over a hundred articles and four books to my credit. More than 90,000 agents have taken my training either online or at one of our National Summit training events, learning how to succeed in this new age of real estate, and I'm personally active in coaching and training our agents.
4. Freedom
At the end of the day, the only thing you have to sell is your time. That's why FavoriteAgent.com doesn't waste it with sales meetings, caravans, floor duty, or non-productive company meetings. Our company empowers our agents to be productive while maintaining the support, community, and structure that many agents crave.
5. Money
Ask most agents what their commission split is, and they won't have a clue. It depends on whether it's a cross-sale or in-house sale. New or existing. January or December. Most company commission plans are a shell game. The FavoriteAgent.com Agent Compensation Plan is probably the simplest and most generous you've ever seen.
Every single agent pays a 50% split on their first transaction with the company, to offset the high administrative and technology cost of adding a new agent to the company. After that, all agents keep a minimum of 80%. Plus, there are two ways an agent can make 90%. 1) If an agent completes four or more transactions in a thirty-day period, he is paid 90%. 2) If an agent recruits five other agents to join the company, his commission is increased to 90%. That's 90% with no office rent, no transaction fees, no administrative fees, no nickel and dime fees, no fees period.
Check out our Team Member Compensation Calculator to see how great this opportunity could be. Launch calculator
To learn more about joining FavoriteAgent.com, complete the short application below.