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The Case of the 12 Deadly Secrets.
Secret Number
1 Secret Number
2 Secret Number
3 Secret Number
4
You're
actually not dependent upon your company for your success.
You probably don't
really work in a democracy.
You may not be a part of a
team.
Your company probably doesn't want
you to see "The Books".
Secret Number
5
You may only be as good as your
last deal.
Secret Number
6
You're not really sharing in your
company's growth.
Secret Number
7
Your "Split" may not be as good as
you think.
Secret Number
8
You're not really a independent
contractor.
Secret Number
9
You're probably building wealth
for others.
Secret Number
10
Your company's training may not be
designed for you.>
Secret Number
11
Who you are in business with
really does matter.
Secret Number
12
They don't want you to discover
Keller Williams Realty.
STOP! This
is a no holds barred, plain talk, straight between the eyes communiqué that at
the very least will make you notice and think!
No, this
isn't really secretive, nor CLASSIFIED, but, believe it or not, most real estate
professionals don't know these fundamental truths or ignore them when charting
their careers.
In your
career, opportunities occur when you are most prepared for them. These 12 truths
can be helpful in your career planning, and could be critical to your long-term
business success!
"In the
past, real estate agents have been treated either as an independent or dependent
contractor whose only career path was to sell real estate or get out...UNTIL
NOW!
"Wealth is a discipline, not a
circumstance." - Gary Keller
You're Actually not dependent
upon your company for your success
The fact
is, many companies want you to THINK your success is "dependent" upon them or
the "size and strength" of the "company," but that is far from the
case.
A National
Association of Realtors survey of consumers determined that 86% chose a real
estate firm for no other reason than because of an individual agent. This fact
is proven time and time again whenever an agent switches from one brokerage to
the next, and "their" clients follow. YOU are the reason people do business with
you and you should build your career on this fact.
At Keller
Williams, you will experience interdependency where both the agent and the
company gain mutually from their partnership. We believe that everyone is a
valued partner with a role serving the one true customer.
At Keller
Williams, we believe that real estate is local service business driven by
individual real estate agents and their local image with their centers of
influence.
Your
career is YOUR career!
TRUTH: "It's your career and you
are the reason people do business with you." Mike Brodie
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You Probably Don't Really Work
In A Democracy
As an
agent, you are totally responsible for generating revenue for the company, but
probably have no authority for how money is spent. And, you probably can't help
establish the key operating strategies for your office. You may even have some
good ideas, but chances are they usually fall on deaf ears.
Most
agents have experienced "participitative management" as no more than an
opportunity to agree with what the company has already decided. Most agents have
experienced brainstorming as nothing more than a discussion group that creates
an illusion that management really cares about what agent thinks.
Most top
producers are looking for a "Partnershipping" role. They would at least like a
say in the way things are run, and why not, it is their business too. And, it
could be critical to their wealth building strategy.
Keller
Williams is not just a real estate company. Its Agent Leadership Council seeks
to empower everyone to get involved in the decision-making process of the
company.
TRUTH: "How can you truly manage your career if you
don't have a say in running your company?" - Joe Epifanio and Patty
Ancona
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You may not be a part of a
team
As an
Agent, you may have never experienced teamwork. Working relationships that
promote synergy and ultimately increase your own income may have eluded
you.
Most
companies give lip service to teamwork. They use "teamwork" as a slogan to get
agents to build the company and to manipulate them into thinking that they will
get something out of it.
The fact
is that most people are in groups not teams and don't know the
difference.
Teamwork
is actually a high level, productivity concept that is only understood by
high-minded achievers with a desire for everyone to win.
At Keller
Williams, we believe that together everyone achieves more. We believe that when
we partnership, we all benefit from each others success.
TRUTH: "The goal of effective
teamwork is more than just getting along. It should improve your career options
and financial opportunities." -Betsy Scheffe
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Your Company Probably Doesn't
want you to see "The Books"
The fact
is, they may not want to see where the money is going, or they may not be too
proud of them. The bottom line is, most companies don't think you have a right
to see the books. Besides, they don't believe there is any legitimate reason for
you to see them.
You see,
at Keller Williams the books are open, and both examination and involvement are
encouraged. There are no "financial secrets."
The fact
is that in the last 12 months Keller Williams paid out millions of dollars in
profit sharing to its associates. The books are open to empower its associates
to understand the business and make suggestions for its improvement.
At Keller
Williams, our associates may not be shareholders, but they are definitely
stakeholders!
TRUTH: "Until we joined Keller
Williams, we never knew we had a right to look at the books and make suggestions
to the company that would benefit everyone. We feel empowered to contribute." -
Gary and Nikki Ubaldini
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You may only be as good as your
last deal
Your
company probably isn't looking out for your future. Even though they know your
income may not go beyond your last deal, they more than likely don't accept any
responsibility for finding a long term solution. Most haven't even seriously
considered the issues of retirement-type income or exit strategies.
They're
mostly focused on your contribution to today's company dollar. In fact, they may
think it's in their best interest to keep you producing for them for as many
years as they can. By the way, when was the last time that someone in your
company talked to you about your long term financial planning and wealth
building strategy?
Keller
Williams has, over the past 10 years, proven system that enables its
participating associates to build their income portfolio. Since the system works
but has not been copied, one can only assume that no one else cares. Keller
Williams stands alone as the only real estate company of consequence to address
these issues.
TRUTH: "Ten years ago, I
believed in Gary Keller more than the system. In the last 12 months, Keller
Williams has paid me over $100,000 whether I sold a house or not. Today, I
believe in the system." - Althea Osborn
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You're not really sharing in
your company's growth
Most
companies make the issue of company profitability an agent issue but offer them
no reason why it should be.
If the
company you are with is profitable and growing, what do you get? Many agents
through their own influence and personal advocacy have contributed substantially
to their company's growth and have never been compensated for their
contributions. They basically have been taken for granted.
Financial
wealth building at its best is a cooperative enterprise. It requires both the
company's and associate's mutual effort to maximize the rewards. That is how the
Keller Williams profit sharing system is designed.
And, our
numbers speak for themselves. The Keller Williams growth path is proven with
both earned commissions and profit sharing doubling every two years. In order to
build financial wealth you have to get in the middle of cash flow. When you do
that at Keller Williams, the rewards can be substantial.
Where's
your company going? Are you going with it?
TRUTH: "I used to think that in
a company there were only shareholders and stakeholders. With Keller Williams I
realize that I am a stakeholder with rights and opportunities." - Mary
Harker
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Your "Split" may not be as good
as you think
It's not
what you pay your company it's what you get for what you pay. It's not what you
gross or even spend, it's what you net. But, you can't grow business or a career
by cutting expenses. You can only be more efficient. At some point you'll have
to invest money if you want to grow.
Ask
yourself this question, "Do you really need all the stuff companies claim to
provide?" "Does that stuff promote you or the company?" And, here's an even
better question, "What is effective help really worth?" Even if you're at a 100%
company, you know you don't take home 100%. You have to pay your desk fees,
maintenance, bill backs and other costs every month whether you take home money
or not. By the way, stuff is stuff and you can get it anywhere.
At Keller
Williams, you can truly be a "100%"agent, you can actually take home more than
the commission you earn. It is the "best career compensation program" you can
find!
TRUTH: "Profit sharing is the
only truly credible way to be a 100%+ agent." - Brad Reeser
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You're not really a independent
contractor
The fact
is, most companies are designed so that you really work for the company, are
even essentially treated as an employee.
Most
agents really don't have a say in how their company operates. The issue isn't
about telling you what you can or can't do. It's that there are discussions
being made daily in your company that could dramatically affect your career! You
may not even be aware of or involved in these discussions or
decisions.
Even at
the most supposedly agent-oriented companies, you may find oppressive practices.
The company may even restrict the use of your own name in promotions or require
a dominant use of theirs. They may restrict the structure or compensation of
your personal sales team. They may even restrict your income paths to strictly
sales and direct all other financial opportunities toward the company. The fact
is that you may not even be an independent contractor, you may be a dependent
contractor.
At Keller
Williams, we believe you want to be in an interdependent relationship where the
company provides a clear path for you to build your own business career within
the company and where there are income opportunities within the company that are
available to everyone.
TRUTH: "To be a truly
independent contractor you have to have the opportunity to be involved in all
key decisions. I have found only one company that allows that - Keller Williams
Realty!" - Peggy Richey
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You're probably building wealth
for others
If you are
not careful, every time you put a sale together, place a sign, advertise a
property, or close an escrow, you could actually be building the company's
business more than your own.
Most
companies secretly would like to charge you even more money and are always
looking for ways to control or own a relationship with your customer. This may
be particularly true of several of the national franchise systems. In fact, the
royalties you pay just may be funding your own demise.
Companies
whose training focuses on the company image and whose promotions focus on
attracting the customers to themselves are actually trying to build their own
business, not yours. Is that in your best interest?
At Keller
Williams, we believe the company is best served by building the agent's career
first and putting the agent's image ahead of the company's.
TRUTH: "The reason you get into
real estate is to build your own career and income opportunities. Anything a
company might do that is contrary to this, is not in your best interest." - Mike
Mendoza
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Your company's training may not
be designed for you
The fact
is that most company's training is geared toward mediocrity. Many companies are
out of touch with what top aspiring agents need to compete effectively in
today's market. Most are not keeping pace with what top mega agents are learning
and sharing in the industry. And, sadly, complete business career training of
their agents because they have no business opportunity for them, thus, fearing
eventually they will lose them.
Most
training in the industry - is usually inconsistent, ill-planned and targeted to
the new agents. It usually relies on old-fashioned selling techniques and not
modern business concepts.
Keller
Williams believes so strongly in agent career, business and life training that
Keller Williams University was formed as a tangible extension of the company's
ongoing commitment to the agent's learning and growth. These educational
programs are focused on the personal productivity, sales skills, and career
development of our people.
TRUTH: "Training is not a waste
of time! No matter where we are at in our careers, we can find a Keller Williams
University session to improve our opportunities." - Jim and Linda
Mckissack
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Who you are in business with
really does matter
The fact
is, agents are faced with serious business issues and no one has really taken
the challenge of helping them meet them. You've probably already sensed
this.
The
Dilemma you face today as an agent is, "Who is on my side?" More than any other
time in history, these are issues that must be resolved. In this industry today,
where is the "agent's rights" organization? Who is really studying the business
trends and developing methods for agents to deal with them? What company is
researching solutions that might provide opportunities for the
agent?
Your
company may either be funding the career path you want or the career path
someone else wants for you. Do you know which it is?
Keller
Williams believes that in reality, who you pay your money to is a vote for the
direction you want your industry and career to go.
TRUTH: "I've finally found a
company that is on my side. It's staying at the forefront of the changes and
finding answers that benefit me." - Ron Kubek
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They don't want you to discover
Keller Williams Realty
As with
all businesses, the real estate business is experiencing massive change. The
trends are clear. Successful companies will treat their people as stakeholders,
give them a say in the company, and will share the profits.
Most real
estate company owners know about Keller Williams, its innovative strategies and
its nationwide growth. Some have even talked about changes to their company to
meet this new competitive force. Most discover that they can't! They are boxed
in by their past thinking and business decisions. Therefore, they would prefer
you not to find out about superior training, consulting, leverage, profit
sharing, agent leadership, and the team environment at Keller
Williams.
Most
people find a time in their lives where the place they currently are is no
longer working for them. They have grown beyond it. It's just time for a change.
Sometimes the secret of success is what you decide to leave behind!
TRUTH: "We can't believe how
much better our life is now that we're part of Keller Williams. We're so glad we
had the courage to do it!" - Joe and Mary Charters
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