nextage business presentation
DESCRIPTION
Business Opportunity Presentation for Nextage Realty.TRANSCRIPT
Business Presentation
Each Office Is Independently Owned and Operated
The Next Age of Real Estate
presents
The i and we of real estate
• There were over 5 million existing homes sold in the United States in 2009*
• That approached $1 trillion in total home sales volume*
• These sales generated over $40 billion in total real estate commissions paid*
Are you maximizing the full potential of this industry?
heard opportunity knocking . . . i
*Data obtained from the National Association of REALTORS and Real Trends.
Freedom to work my own business in my own wayUnlimited opportunity and the ability to make the most of the opportunities before me
Instead i found . . . I worked much harder than I expected to generate the income I
desiredChanges in the economy and other forces beyond my control
could devastate my business almost overnightWhen the market fluctuated . . . So did my income!
icame into real estate expecting . . .
?asked myself a few key questions:
• Does my income justify the hours and effort I expend to produce it?
• Do market fluctuations make it difficult to build a stable career?
• How long do I want to continue working at my current pace?
• What will I do if I am unable to continue working?
• Would I like to make more money without working harder than I am now?
i
``In a box
When your real estate career is built on ‘I’, You are
Suddenly, I realized I was in the world of . . .
Your income is limited to your own personal production
Your personal production is limited to your available time
When it’s all up to you, you are limited to what you can do
How many cars would Henry Ford have built if he had to build each one by himself?
How long would it have taken Bill Gates to create all of the Microsoft products if he had to do all of the programming himself?”
Out of the Box Visionaries
the power of weVisionaries see
the power of we
Multiplication of effort
Ford employed thousands of people to produce millions of automobiles
Gates employed thousands of people to produce Windows ‘95, ‘98, 2000, XP, and Vista
The end of the i real estate era
The birth of the we real estate ageTM
announces . . .
• The Nextage business model is evolutionary; it represents the ‘next age’ of real estate
• In addition to their normal sales commissions, agents earn commission bonuses on the production of other agents they bring into the company
. . . and on the production of agents those agents bring into the company
. . . and on the production of agents even those agents bring into the company
. . . And so on . . .
Together Each Accomplishes More
Nextage Realty agents build teams of agents, each one building a team of their own.
Through care and leadership, your team grows geometrically
With Nextage Realty, you can ‘build a business, not just do business’TM
The Opportunity to Earn
Sales Bonuses
Meet CarolCarol has been in the business for six years and has done well, averaging 18 closed transaction sides ayear over that period. She loves selling real estatebut wanted to build a passive ongoing incomein addition to her personal production, so Nextage looked like an excellent choice for her. Let’s follow Carol’s thinking as she evaluates the Opportunity.
‘I want to look at my income potential at Nextage Realty versus what it might be somewhere else,’ Carol thought.
‘First, let’s assume all of my transactions have a $200,000 sale price with a 6% total real estate commission.* That’s about average for me. Let’s also assume that I’m going to continue to close about 1 ½ transaction sides per month.’
*Real estate commissions are negotiable. We have used this rate for example purposes only and in no way suggest that it is a ‘going rate.’
Seven Thousand Two Hundred and 00/100 Dollars
For: 1 ½ Closed Sides Personal Production I. M. Broker
Carol Agent $7,200.oo
March 15, 2009
I suppose I could work for a traditional broker on an 80% split. Closing 1 ½ slides per month would mean I’d make about $7,200 a month assuming there are no fees or deductions from the gross commission.
Seven Thousand Two Hundred and 00/100 Dollars
For: 1 ½ Closed Sides Personal Production I. M. Broker
Or I could join Nextage Realty. Assuming I qualified for 80%, the same 1 ½ closed sides would produce a net commission of $6,432.
Carol Agent $7,200.oo
March 15, 2009
March Personal Production: 1.5 Closed Sides$6,432
$6,432
Seven Thousand Two Hundred and 00/100 Dollars
For: 1 ½ Closed Sides Personal Production I. M. Broker
Carol Agent $7,200.oo
March 15, 2009
March Personal Production: 1 ½ Closed Sides$6,432
$6,432
If I was able to get just three of my associates to join me at Nextage Realty . . . And let’s assume they’re averaging just ¾ of a closed side a month, their production would generate an additional $904 in Monthly Sales Bonuses.
1st Generation Sales Bonus (7.5%)$ 904 $7,336
Seven Thousand Two Hundred and 00/100 Dollars
For: 1 ½ Closed Sides Personal Production I. M. Broker
Carol Agent $7,200.oo
March 15, 2009
March Personal Production: 1 ½ Closed Sides$6,432
$6,432
Now, If I helped each of those three agents bring in three more of their own, averaging, say, 2/3 of a closed side per month, that would create an additional $1,212 in Sales Bonuses.
1st Generation Sales Bonus (7.5%)$ 904 $7,336
2st Generation Sales Bonus (3.75%)$1,212 $ 8,548
Seven Thousand Two Hundred and 00/100 Dollars
For: 1 ½ Closed Sides Personal Production I. M. Broker
Carol Agent $7,200.oo
March 15, 2009
March Personal Production: 1 ½ Closed Sides$6,432
$6,432
If each of that last group of agents were to bring in just 2 more agents of their own, averaging just 6 closed sides a year, that would add another $1,085 in Sales Bonuses.
1st Generation Sales Bonus (7.5%)$ 904 $7,336
2st Generation Sales Bonus (3.75%)$1,212 $ 8,548
3rd Generation Sales Bonus (2.25%)$1,085 $9,633
Seven Thousand Two Hundred and 00/100 Dollars
For: 1 ½ Closed Sides Personal Production I. M. Broker
Carol Agent $7,200.oo
March 15, 2009
March Personal Production: 1 ½ Closed Sides$6,432
$6,432
I think I’ll just consider the next three Generations to be ‘Gravy.’ But with just this little bit of team building, I could make 33% more at Nextage Realty than at Brand X.
1st Generation Sales Bonus (7.5%)$ 904 $7,336
2st Generation Sales Bonus (3.75%)$ 1,212 $ 8,548
3rd Generation Sales Bonus (2.25%)$ 1,085 $9,633
4th Generation Sales Bonus (.5%)
5th Generation Sales Bonus (.25%)
6th Generation Sales Bonus (.25%)
???
Carol’s assumptions may or may not be true for you, but why not apply your own averages to the Nextage Income Calculator* to see what your possibilities might be.
*Visit www.NextageAdvantage.com to access the income calculator.
Your well developed team could include many agents,Each one positioned to generate Sales Bonuses for you, whether you have a closing or not.
Team = FreedomFreedom to deliver exceptional service to your clients without worrying about your next paycheck
Freedom to take more time for you and your family
Freedom to grow as a business
Freedom to grow as a person
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Jan Feb Mar Ap May June July Aug Sept Oct Nov Dec
Time
Time
Traditional Real Estate Agents areLimited to income from personal production only. Traditional agents ride an unpredictable income roller coaster
Nextage Realty Agents have an additional source of income, Sales Bonuses, on the production of other agents they bring into the company. The additional income stream helps level out the fluctuations in their income.
Can You Build a Career on a Roller Coaster?
Personal Production
Personal Production
Sales BonusesTotal Income
Just as there are no limits to the number of agents you could have on your team, there are no geographical limits either. You may have teams developing in several locations around the country. *
= No Limits
*as allowed by law
While Nextage Realty is THE solution for seasoned agents looking for a better business model
It’s also excellent for newly licensed agents.
• Online Video-On-Demand available 24/7
• Live Online Training
• Live classroom training in the local marketplace
• On-site training modules on the most current real estate issues
• Video courses that cover specialized real estate training as well as team building & team development
Never has it been more important to provide the best service to your clients
Nextage training will help take your skills to the Next Stage
Performance InstituteTM
The Nextage Performance InstituteTM is the training vehicle that shows you how to deliver excellent service in a way that is
recognized and appreciated by your clientsThere are several training options:
• Our training is second to none and is firmly based on delivering exceptional service to the consumer
• A Mentoring component helps newly licensed agents becomes productive quickly
• With Nextage, you can recruit tomorrow’s top producers and earn additional income by field training them
• And, you’re training your teammates, not your competition, and earning additional income in the process
Quality Service by Professional AgentsTM = Performance
Nextage gives you career options beyond simply listing and selling real estate
You may even decide to become a Nextage affiliate and open your own office. With us, your career path has many options.
You may build your team to the point that your sales bonus income exceeds your personal commissions which may give you freedom to do other things, like investing or travelling.
Leading Edge Technology
Franchise
Management
System
Team Builder WebsiteNextageAdvantage.com
Company Website
NextageRealty.com
Consumer Websites for Offices & Agents
Team Management
System
•Solid, Experienced, Successful Leadership
•A Business System that Works
•Consumer-Centric Focus & Training
•Leading-Edge Technology
•The most innovative compensation Plan in the Industry
•An Opportunity to ‘build a business, not just do business’TM
Offers You
There’s never been a better time
• If you want to make more . . . without working harder
• If you want to have control of your time and income
• If you want to build a business that gives you options
• If you want to build financial security for yourself and your family
• Then Nextage Realty is for you
Isn’t it time you made the shift, from
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To we?
The Next Age of Real Estate
Each Office Is Independently Owned and Operated
"This presentation is not an offer to sell, or a solicitation for an offer of, a Nextage Realty franchise. The offer of a Nextage Realty franchise is made solely pursuant to a Franchise Disclosure Document presented by Nextage Realty International, LLC. Nextage Realty franchises are not available in all states. Nothing herein is intended to be an offer to the residents of any state or an offer to establish a Nextage Realty franchise in any state in which Nextage Realty International, LLC does not currently have a franchise registration in effect. Please contact Nextage Realty International, LLC for further information regarding the availability of Nextage Realty franchises.
Nextage Realty International, LLC makes no representations or assurances as to potential revenues, profits or commission income that may be received or earned by any real estate brokerage firm joining the Nextage Realty franchise organization or by any Nextage Realty real estate sales associate. The "Income Calculator" in the nextageadvantage.com website is provided as a tool to assist prospective Nextage Realty franchisees and Nextage real estate sales associates to conduct an independent investigation and analysis of the future opportunities within the Nextage Realty franchise organization. The Income Calculator is not intended as a comprehensive analytical tool to evaluate every factor that could impact the potential success or failure of any participant. Each participant who uses the Income Calculator is responsible for conducting his or her own independent investigation and evaluation.”
Each Office Is Independently Owned and Operated
Nextage Realty International, LLC10475 Medlock Bridge Road Suite 310
Johns Creek, GA [email protected]