Real Estate Franchise...$4
Anyone looking at buying a real estate franchise should take a look at this blog by Mike Terry of Connect Realty. It is amazing to know that there is an opportunity for any agent out there to make even more money by investing $4.00 ( Connect Realty's first ever promotion now until July 4th 2009) and a small monthly $29.99 or once a year $299 fee to build an organization of amazing agents without having the cost associated with owning, running and maintaining an expensive and ultimately obsolete franchise. Check it out!
Real Estate Franchise...$4
Have you ever dreamed of owning your own franchise? We all have. Buying a franchise would give you the opportunity to leverage your money. This allows you to make money from someone else's efforts. We all wish our fathers bought that McDonalds franchise in the 1960's.
Have you ever checked out the cost of a real estate franchise? According to entrepreneur.com your start up cost can be between $10K and $500K. This cost factor makes it almost impossible for most agents to make this type of move.
This means that most real estate brokers will always trade time for money. Sounds like an employee to me. Work, get paid, and repeat. Work, get paid, and repeat. Work, get paid, and repeat. Is this a familiar picture?
Now there is an opportunity of a life time. Connect Realty's business model allows its agents to get paid from the efforts of others. Pretty much, it's the sharing of the wealth attitude of the Connect management that creates that feeling of owning a franchise.
How does this work?
Real Estate Commission for Connect Realty agent
$10,000 Gross commission
$ 8,000 Agent Mary's portion (80%, no roll backs)
$ 400 to Agent John who recruited Agent Mary
$ 400 to Agent Susan who recruited Agent John
$ 400 to Agent Sally who recruited Agent Susan
$ 9,200 paid out, an amazing 92% of gross commission
For some people they would not get excited from getting $400 from a $10,000 commission even if they did not have to do anything to create it. For some people they can't get excited paying a teenager $8 an hour to make $.99 hamburgers. Its leverage when you have multiple transactions that makes the difference. Let's look.
Joanne's Real Estate Franchise
Joanne sponsors 12 agents' 12 agents
The 12 agents then each sponsor 8 agents' 96 agents
The 8 agents then each sponsor 4 agents' 384 agents
492 agents
In this example Joanne has recruited 12 agents and she will receive 4% of the gross commission from 492 agents. The national average is 6 closings each, so that would be over 2900 closings Joanne did not close but got paid for. Joanne sponsored 12 agents but gets paid for 480 other agents that she did not recruit and may not even know. You want to talk about leverage? Check out Connect's calculator for sponsor revenue http://vo.connectrealty.com/calc.html this way you use your own numbers.
What about the $4? In celebration of the 4th of July Connect Realty's sign up fee of $199 has been reduced to $4. The opportunity of a life time and the cost is only $4.
With McDonalds, they pay a lot of teenagers to make $.99 hamburgers. They have now sold billions or even trillions of hamburgers. It now costs millions of dollars to open a McDonalds. Only the ability to leverage makes this a solid business venture where you invest millions of dollars to sell $.99 hamburgers.
If you would like to become your own franchise and leverage the work of others so you can make money even when you don't have a closing then here is your opportunity. Or you can work, get paid and repeat.
Mike Terry
Connect Realty
Business: 704-361-7027
Fax: 704-542-5259
MikeTerry.Connect@gmail.com
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