By Referral Only Real Estate Organization
Recently a fellow Real Estate Agent was asking about different Real Estate Coaching programs and systems. Looking for some real world feedback on our expereince in today's real estate market. As we finish our first year of utilizing the systems and stategies of By Referral Only and Joe Stumpf here below you'll see how I answered her...
I invested one year and lots of money doing Craig Proctor's program at over $12,000/year for coaching + $3600 for their website + extra software, 1-800 serivce, etc. (and I felt icky doing business his way and attacted mostly investors looking to flip properties). Ironically on my way to a Craig Proctor conference I sat next to a Realtor so I naturally asked "Are you going to the CP Seminar" - she said no she worked "By Referral Only" and began to tell me how that worked. It inspired me to research their system and even attend a Main Event later that year to check it out. All I can say is that you need to trust your gut - if it feels authentic and you're comfortable it's probably a good fit - when I attended the Main Event I felt like it was made just for me - Joe's philosphy matched mine and he'd done the work to build systems to enhance our ability to deliver great service easily, consistently and cost effectively. You could've heard me saying "Amen" from the back row. I felt "authentic" and "comfortable" marketing my business this way and more importantly so do the people I come in contact with.
People ask about what it costs - for me the shock was what it had cost me not doing it..I'll explain: Currently the first year of By Referral Only Coaching and access to all the tools and systems is $399/mo (obviously subject to change at any time) then it can be just $199/mo after that.
I love Joe Stumpf's By Referral Only philosophy and SYSTEMS and found he is closer to my style of building relationships and working with fewer 5 star quality people who you mutually know, like and trust. I think the first step for any of us is to figure out what style of business you like to do and do that whoever that is - BE AUTHENTIC! For me I like building deep relationships, and leveraging past successes for more success so it's a great fit.
What got me excited at first was learning that:
- He believes that 50% of your next transactions should come from current clients if you are doing the right job in the right way. - I almost cried when I learned all the business I had been leaving on the table; We already had raving fans I just wasnt' letting them effectively know how to help us.
- Any money you spend (ads, websites, etc) should generate at least a 15:1 return on investment;
What you get with By Referral Only
What most don't realize is for that $399/mo you also get included:
- a Turnkey 1 800 Auto Response phone line with the number and a whole lead management tracking system - INCLUDED (people we paying $40-$100/mo plus any setup fees);
- A Complete Turnkey Website for Lead Generation INCLUDED (except the cost of your domain name) - my CP website cost me $299/mo alone;
- A monthly newsletter that you can customize in 2 minutes (no lie)INCLUDED (I purchased one before for $70/mo);
- An impacting postcard done each month just print and send for Real Estate Agents or Mortgage Professionals showing evidence of success - INCLUDED;
- A letter of the heart that is customizable or not - INCLUDED;
- An Online Contact Management System that is easy to use and tracks so much for you like total lifetime value of each contact- INCLUDED;(Agent Office and Top Producer have big monthly fees too for this $100+?)
- A monthly CD mailed to you with all the latest scripts and a successful professional (must make over $250K/year and been doing BRO for over 3 years) sharing what's working for them to the current market (No YESTERDAY's news here) - INCLUDED (Let's just say a coaching book on CD - $20 at a minimum);
- Your own personal coach that meets with you every 2 weeks for a half hour - INCLUDED (this is big business locally for at least $100+/mo);
- A Free Coaching line that's available whenever you need it - INCLUDED;
- No Charge for follow-on Main Event seminars for you and a team member (If you only attend 1 at a Value of $795 x2 = $1590 or $132.50/mo) ;
- A complete archived library of every past idea and campaign that BRO and it's members have used and created and he actually gives the members that created it credit - it's not all about him! - INCLUDED.
- Turnkey Initial Consultation and scripts that are very effective;
- Turnkey letters and WOW ideas to share with clients during the process (Lower admin costs);
- Specialty WOW ideas like with Daylight savings, new stamps, etc. - you can ask me.
- and more things but my hands are getting tired :-)
These were all things I was spending money on already without the benefit of support from a community to help me along the way - as you can see - I'm actually SAVING money.
They are constantly sharing ideas and delivering more value: -
- The buttons on my blog pages were not my original idea - it came from the By Referral Only Internet Marketing Guru - Dean Jackson;
- The video testimonials weren't my original idea - they came from By Referral Only's members sharing successful tips with each other and Joe passing them on;
- The reason I first started blogging is they coached us and let us know this was the next big thing we needed to be doing - and boy were they right;
- The reason I embraced video is because Dean Jackson explained that it's leveraged with Google (even more now that Google bought Youtube)
Now - all of these are just the tip of the iceberg because the thing no one can explain to you and I didn't believe until I experienced it myself is that it it an "environment"/"culture" where members share and help each other out just like Active Rain - I had never been in a Real Estate environment where there was NOT a strong undercurrent of competition. They operate from an abundance mentality and did I mention I've received 6 referral from other BRO members from around the country this past year.
I am actually in a local By Referral Only Mastermind group that meets monthly with other Realtors and Mortgage Professionals all from different companies and we help each other and each others businesses and even refer to each other. These are all things Joe encourages and even gave us the turnkey kit on how to start and run an effective Mastermind Group - How different is that?
Finally, there is a By Referral Only group on Active Rain - you'll find some great people there always willing to help. Some of my best friends are now By Referral Only members from across the country.
I believe Joe's value proposition is OUTSTANDING - I left my first Main Event a year ago with the ability to make more than $795 back even if I hadn't decided to continue on with all is turnkey systems. I highly recommend it if you're looking for great systems and a great group of professionals.
I personally wanted to focus on selling real estate and love that Joe's constantly investing his own money to develop and provide me with the latest turnkey tools to do it better. Since I joined 1 year ago they added:
- The 1-800# service in-house with 300 minutes/mo
- The Lead Generating FREE Website,
- Enhanced the Contact Management system to facilitate teams
- Built an Online Referral System and
- Improved the 2 minute turnkey newsletter and....
NEVER asked me or anyone else for more money - I LOVE that!
I am so pleased with By Referral Only so today I thought I would share so anyone who has questions and wants to speak to me about this in more detail - I'd happy to answer any of your questions.
By Referral Only has really helped us shine in this marketplace while having JOY in our daily job - not to mention allowing us to work with the finest caliber of Mortgage Professionals - talk about synergy - and the ultimate winner has been our clients - check out our testimonials - they say it better than I ever could!!
P.S. If you end up calling for more info, going to the Main Event or giving em a try - will you tell them Cyndee Haydon in Clearwater Florida had good things to say about them - like us, they want to know they're creating raving fans! ;-)
Clearwater Real Estate Info
Buyers tell us that selecting a Clearwater Real Estate Agent,especially online or from a distance, can be a challenge. Some of our past clients agreed to share their experiences and tell you why they think you should work with us.
Click on the photos below and meet some of our clients and now friends...we'd love to be YOUR choice too!

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*The above information and images are Copyright © 2007 Cyndee & Jack Haydon, Clearwater Beach Real Estate Agents and may not be copied, reproduced, distributed, transmitted, displayed or published. All rights reserved. Plagiarism will be detected and is punishable by law. Reprinted with permission from Sandbars to Sunsets.
Lots of information, but the one thing I didn't see was how much money you made as a direct result of joining. Not talking about savings, but I am talking about how many sides of a deal you did directly through this system.
Don't forget to check out my latest installment The Power of Radio #3