All agents are guaranteed to get a minimum of 75% of the gross commission for the business they generate and a portion of the sales from your network. Read our "Objective and Agent Commitment" info before leaving. It will address the true cost of 100% commission plans.
After what you have read so far it is easy to see the benefit of Munns Real Estate Co.’s business model; simple commission splits, additional income, and unlimited support.
Read this hypothetical but realistic scenario and then consider its potential when recruiting 10 agents and they start recruiting. You’ll be very surprised.
John, a Munns Real Estate agent, recruits his friend Fred. John has just created his network. John now gets 5% of Fred’s net commissions. For this 5%, Fred can ask John any question and request John to assist in showing a house and writing a contract among other things. If John doesn’t have the answer or the time then it falls back to the broker (Collin) because Collin recruited John. John continues to recruit agents and his network grows.
Now it is Fred’s turn. Fred has recruited Mary. Mary is now in Fred’s network and Fred has begun his network. For his assistance and support Fred gets 5% of Mary’s net commissions
.
Now Mary is in Fred’s network and Fred is in John’s network so Mary is in John’s network as well. Mary’s link to John is for support purposes only and all network compensation and company paid performance bonuses are determined by Mary’s immediate network, the agents she personally recruited.
If any agent were to leave the company, all the agents that that person brought in move to the person who recruited him/her.
That is it, the Agent Network. As you can see, there is unlimited earning potential and the ability to earn an income each month even if you were unable to make a sale. There is peace of mind knowing that your network is out there working hard. As a network leader it is to your advantage to keep up with everyone in your network and be there if they need your support. In reality, they are paying you to be there for them so you should.
|