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Keller Williams Burlington
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Keller Williams Burlington

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Keller Williams Burlington Keller Williams Burlington Presentation Transcript

  • Burlington Market Centre Agent Compensation A Company of Destiny A Company of Opportunity
  • INTRODUCTION
  • INTRODUCTION
  • CULTURE
  • CULTURE
  • OUR STORY
  • OUR STORY Keller Williams moves to 2 nd Largest Real Estate Company in the US and is the fastest growing Real Estate Company in North America 2010 - Keller Williams moves to 2 nd Largest Real Estate Company in the US and is the fastest growing Real Estate Company in North America 2010 - Keller Williams moves to 2 nd Largest Real Estate Company in the US and is the fastest growing Real Estate Company in North America 2010 -
  • OUR STORY
  • KW vs CREA Agent Growth OUR STORY
  • Market Centres Across Canada MARKET CENTRES Alberta Calgary - Keller Williams ® Realty South 2005 British Columbia Abbotsford - Keller Williams Realty 2009 Port Coquitlam - Keller Williams Elite Realty 2009 Victoria - Keller Williams Realty West 2000 Ontario Don Mills - Keller Williams Referred Realty 2004 Leslieville - Keller Williams Advantage Realty 2008 Mississauga - Keller Williams Mississauga NW 2006 London - Keller Williams Lifestyles Realty 2011 Ottawa - Keller Williams Ottawa Realty 2001 Ottawa - Keller Williams VIP Realty 2004 Ottawa - Keller Williams Solid Rock Realty 2004 Toronto - Keller Williams Referred Realty 2009 Whitby/Oshawa - Keller Williams Energy Real Estate 2009 Kitchener Waterloo - Keller Williams Golden Triangle 2005 Willowdale - Keller Williams Toronto North 2009 York North - Keller Williams Realty Centres 2009 Nova Scotia Halifax - Keller Williams 2010
  • KW UNIVERSITY
  • Keller Williams Burlington Agent Training Monthly Training Calendar Learn the models, systems and tools to leverage and grow your business. Our market centre will have training facilities for 50 agents. The majority of in-house training is provided at no cost to agents. MONTHLY TRAINING
  • eEdge Technology New Unmatched Real Estate Technology A technology solution that brings all things important in your business together in one place! Keller Williams eEdge Technology
  • OPEN BOOK COMPANY
  • PROFIT SHARING $300 Million
  • KW Profit Share (1997-2010) PROFIT SHARING Cumulative – Jan-Dec 2010 $34,571,728 Total Profit Share 1997-2010 $303,519,900
    • Compensation
    • For a New Generation of Realtors
    • Commission Compensation at Keller Williams Realty
    • is Low Risk – High Keep
    • Pay as you earn – no heavy monthly bills. Keller Williams Realty
    • is able to accomplish this through a cap system.
    • Two payments are capped:
    • The amount you pay the International Franchise Royalty
    • The amount you pay your Market Centre
    COMPENSATION Keller Williams Burlington Fee Structure
    • Compensation
    • For a new Generation of Realtors
    • Keller Williams Realty International – Royalty Fee
      • $3,000 Agent Calendar Year Royalty
      • 6% paid on first $50,000 GCI
    • Keller Williams Realty Burlington – Market Centre Cap
      • $18,000 Agent Calendar Year Cap
      • Paid based on associates split as commission is earned.
      • Agents are on a 70/30 split unless previous years gross earnings are as follows.
        • Over $90,000 – 80/20 split to Cap of $18,000
      • Over $180,000 – 90/10 split to Cap of $18,000
      • Once your Cap of $18,000 is paid in full then commissions are 100% to you (less a transaction fee of $125 per end)
    • Should production fall below the previous year then splits are adjusted accordingly at the 6 month period.
    CAP SYSTEM Keller Williams Burlington Cap System
  • Keller Williams Burlington Compensation
    • Compensation
    • For a New Generation of Realtors
    • Single Agent $18,000 Cap
    • Based on a 70/30 split your Agent Cap is paid in full with Gross Commissions of $60,000
    • Spouses $18,000 Cap + 1/3 Cap /2 $18,000
    • $ 6,000
    • $24,000 /2 = $12,000 each
    • Based on a 70/30 split your Agent Caps are paid in full with Gross Commissions of $40,000 each
    • Partnership $18,000 Cap plus ½ Cap /2 $18,000
    • NOTE: All deals split 50/50 $ 9,000
    • $27,000 /2 = $13,500 each
    • Based on a 70/30 split your Agent Caps are paid in full with Gross Commissions of $45,000 each
    • Team
    • Team Lead Agent Cap $18,000
    • Based on a 70/30 split Team Lead Agent Cap is paid in full with Gross Commissions of $60,000
    • Team Agents ½ Cap $ 9,000
    • Based on a 70/30 split Team Member Agent Cap is paid in full with Gross Commissions of $30,000
    COMPENSATION
  • Keller Williams Burlington Competitive Compensation Agent Dollar Corporate Royalties have been deducted from Agent Dollar COMPENSATION $129,000 $118,600 $150,000 $6M $104,000 $96,100 $125,000 $5M $79,000 $73,600 $100,000 $4M $3M $2M $1M Volume $51,100 $28,600 $13,100 Burloak $54,000 $75,000 $32,000 $50,000 $16,000 $25,000 GCI
  • Keller Williams Burlington Competitive Compensation Agent Dollar Corporate Royalties have been deducted from Agent Dollar COMPENSATION $129,000 $121,010 $150,000 $6M $104,000 $99,860 $125,000 $5M $79,000 $76,110 $100,000 $4M $3M $2M $1M Volume $53,610 $28,710 $11,100 Garden City $54,000 $75,000 $32,000 $50,000 $16,000 $25,000 GCI
  • Monthly fees are deducted from any current closings – if no closings then they are charged to your credit card on file with the market centre MONTHLY FEES Keller Williams Burlington Monthly Fees There are no large monthly fees at Keller Williams. The following is a breakdown of the $55 monthly fee $10.00 $10.00 $10.00 $10.00 $15.00 COST Agent website, on-line training, marketing materials Market Centre Technology International Fee Lead Management, contact management, marketing drip campaigns DESCRIPTIION PROGRAM eEdge Consortium Fees Technology Fees KW Connect Social Fund
  • Keller Williams Burlington Office Space
    • Office space is available to KW Associates and is billed out “at cost”.
    • Team Office
    • Private Office
    • Semi-private
    • Quad
    • There will also be plenty of drop in space for Associates who prefer to work from home.
    OFFICE SPACE
  • CAREER PATH 10. Your income potential is bigger 9. You can tap into a Profit Sharing Program and generate passive income on top of your commissions 8. You have full access to world-class, performance-driven courses 7. You are encouraged to grow and maximize your personal wealth 6. You are financially rewarded for introducing other productive agents to the company 5. You are equipped with the models, systems and tools to leverage and grow your business 4. You are supported by a company that values teamwork 3. You always know what’s going on KW is an open-book company 2. Your Agent Leadership Council (ALC) is your voice in business decisions 1. At Keller Williams, you are building your own business - not someone else’s Keller Williams Realty was built by agents , built for agents . It’s a company that’s changing lives. The next one could be yours. Keller Williams Top 10 Reasons to Consider