Building Businesses Through Relationships
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Transcript of Building Businesses Through Relationships
Building Businesses Through Relationships
American Agent Network is a group of like minded Brokers and Agents who
share some common beliefs about the Real Estate Industry
AndHave Come Together to do
Business in a Better Way
American Agent Network
The network allows you to take advantage of a national platform, strategic partnerships, ancillary products and services, and attractive compensation plans to grow your business, while still maintaining your identity within your local marketplace
American Agent Network is a resource to help you build your own name, and not someone else’s
Why a Network?
The Real Estate Industry Has Changed
◦ Technology has enabled more “agent freedom” and forced new ways of servicing clients
◦ The real estate business has moved rapidly towards a virtual environment
◦ The new direction of the real estate industry allows independent brokers and agents to have a larger share of their local marketplace
◦ Your income is limited to what you can personally sell, so if you do not have a closing, you do not get paid
◦ If you are looking to increase your income, you have 2 options:
1. Sell More Homes2. Move to an area where homes are more expensive
◦ For creating consumer relationships, the name on your business card has become far more important than the logo
Being a Agent in Today’s Times
Where will your business take you in the next 5 to 10 years?
Would you like to make more money without having to work more hours?
Are you interested in building a business that continues to pay you over the next 5 to 10 years from work you do now?
Are you tired from working at a high pace, only to have to do it all over again next year?
Are your clients demanding more services from you?
Questions
Grow your income outside of your own personal production
Become a “One Source Solution” and earn more money on every transaction
Align yourself with some of the strongest product providers in the industry
Take advantage of highly advanced technology that allows you to do business wherever, whenever
Work with local brokers and agents, while taking advantage and building a nationwide business within our network of brokers and agents
With American Agent Network, You Can:
◦ Brokers Owners, or ROC’s (Realty Office Centers)
◦ Agents
◦ Ancillary Services Only Members
◦ Basic Members
There are Four Levels of Participation:
Don’t Change Your Name- Continue to operate your real estate business as normal
Take advantage of our national presence, product and service providers, highly advanced technology, and compensation plan to help recruit more productive agents into your office
Encourage your agents to build their own business, and in turn, build yours!
Take your Business Nationwide! Recruit other brokers and agents across the country, and across the street, and get paid on their production
Brokers:
Work with a local broker of your choice
Earn bonuses on a sales team nationwide
Build an income outside of your own personal production without the required overhead cost, the management oversight, or the legal liability required to open your own office
Be a “One Source Solution” to your client by offering more than just real estate services
Agents:
Why Build a Team?
We believe that the amount of effort you put in should equal the amount of dollars you get out
Build your own business, not just someone else’s
You use your name, reputation, and resources to sell real estate; why not use them to build a sales team?
Make money whether you have a closing or not!
Commercial Equipment Leasing
Commercial Finance
Credit Enhancement
Plane, Yacht, and RV Financing
Ancillary Services
One Page Referral Form
Personalized Websites:
◦ Recorded Presentations◦ Testimonials◦ Ancillary Product Information and Applications◦ Customized with your personal URL and Contact Information
Social and Business Networking Tools
Pipeline Management Software to track Commissions from your personal and team transactions
Team Management Software to Communicate and Track Growth
Technology
Personalized Websites
Web Portal and Networking Site
Earn up to 85% on your personal production
Make up to a 25% Team Bonus on Closings by Agents that you recruit into the Network
Start Making Money Day One, Dollar One with Generational Team Bonuses
Compensation
Personal Production and Team Bonuses
Commission LevelCross Equivalency
(The number of personal closed sides within the last 12 months)
85% 12+
80% 7-11
75% 5-6
70% 3-4
65% 1-2
60% New Agent
Generational Bonuses
Level Bonus
1st Generation 7%
2nd Generation 4%
3rd Generation 2%
4th Generation 1%
5th Generation 1%
So How Does It Work?
You make the difference of your commission level, and the next highest level between you and the person who closes a transaction:
◦ If you are at the 80% level, and an agent you directly recruit at 75% sells a home, you are going to make the difference of 5%
You also get paid Generational Bonuses:
◦ So, using this same example, if you were to recruit an agent directly to you, you would make a generational bonus of 7%,
Which would total 12% of the Field Commission
Transaction Example
Based on a $250,000 sale with a 3% side
Your Override at 12% would be $846
Gross Commission $7,5005% Network Access Fee $375
1% ROC Portion $75Transaction Fee* Up to $350
Field Commission $7,050
Compensation Example
You are at the 80% Contract Level, You recruit 5 Agents who are at the 75% Contract Level
Closing 6 Sides per Year:
Team Bonus $10,575
Generational Bonus $14,805
Total Bonus $25,380
Compensation Example
If each of those 5 Agents Direct to you recruit just 3 Agents Each, Closing 6 Sides per Year:
Team Bonus $42,300
Generational Bonus $40,185
Total Bonus $82,485
Compensation Example
Each of those Agents also Recruit just 3 Agents Each, Closing 6 Sides per Year:
Team Bonus $274,950
Generational Bonus $78,255
Total Bonus $353,205
How to Join:
Get with the person who invited to the presentation
Schedule a follow up meeting to get all of your questions answered
Get a list of the ROC Offices in your area
Sign Up and Begin Building Your Business Today!
American Agent Network