Home Values In Historic Decline

Mounting Fears Shake World Markets As Banking Giants Rush To Raise Capital

Housing Agencies Forced To Curtail Lending

Have you seen headlines like these lately? They're abundant!  There's no question that the real estate industry is facing many challenges today.

Not so long ago, the market was unbelievable and a vast number of people obtained a real estate license to grab their share of the record profits - even on a part-time basis. Home prices were appreciating at a seemingly never-ending rate with no ceiling in sight. Investors were flipping numerous properties and realizing exorbitant returns on their investments. Homes were being sold within hours of hitting the market.

Recently things have changed. Home prices are plummeting, and profits are turning into losses. Foreclosures are the norm. Mortgages are difficult to obtain. Investors are unable to flip their investments. Many real estate agents are seeking other work.

Gloomy! Terrible! For a lot of folks, it seems the world is rapidly coming to an end.

But...as always...when one door shuts, another opens. If you are one who never believes the glass is half-empty, if you are one who has a positive outlook, if you are one who looks for new opportunities, if you are one who understand the market is historically cyclical, then I have good news...

IT WILL GET BETTER! And when it does…what will YOU be doing?

Whether you are a struggling REALTOR thinking of leaving the business or someone exploring new ways to bring home additional money...

WE HAVE AN EXCITING BUSINESS OPPORTUNITY FOR YOU TO CONSIDER.

A new real estate holding company has opened in the Chicagoland area. This company will "hold" the real estate licenses of "non-active" agents. The good news is that these agents will be able to generate income while they're "non-active". The bad news is…well, there just isn’t any bad news!

But, before explaining TWO GREAT WAYS TO GENERATE INCOME with the holding company, I'd like to introduce you to Keller Williams Realty. Please take a moment and click on the following links to learn about our...

Thank you! I trust you find Keller Williams to be a company you would consider working with.

Okay, I mentioned TWO GREAT WAYS TO GENERATE INCOME with the holding company. Here they are:

1. Earn income with REFERRALS. In the future, how many people will you identify as looking to buy or sell real estate? They don’t have to be in this area - they can be anywhere in the world! You can refer these buyers and sellers to active real estate agents and earn a referral fee. How much can you earn? Well, that’s up to your negotiating skills. As an example, if the property sells for $300,000 and the referred agent’s office receives a 2.5% commission and you negotiated a 25% referral fee, the holding company would receive $1,875 and YOU WOULD RECEIVE UP TO 75% OF THAT or a little over $1,400. Not bad for a phone call to the right agent. How many times could that happen for you?

2. Earn income with PROFIT SHARING. Let’s say you know an agent who is looking to join a Keller Williams market center – anywhere. After that agent joins a Keller Williams market center – having named you as the “sponsoring agent” (the person who referred them to the company), you will receive a percentage of that agent’s contribution to the profitability of his/her market center – each and every month it’s profitable! PLUS...you will receive a percentage of any agent’s contribution to the profitability of his/her market center that THAT agent sponsors. This profit sharing goes seven levels deep. If you sponsored only two agents per year, and they each sponsored only two agents per year, you would be profit sharing on 78 agents in only five years. That adds up to a lot of potential residual income. And I’ll bet you could do even better! Who do you know?

Now you’re asking, “What will the holding company cost me?” The holding company will charge $95 annually. Keller Williams will charge $25 annually. A salesperson licensed in Illinois must take 12 hours of continuing education every two years after licensing. Keller Williams Team Realty offers a continuing education self-study course for only $75 ($37.50 per year). So, adding $95 and $25 and $37.50 together, you’re looking at around $157.50 each year. One referral, as illustrated above, would cover you for nine years!

For those who do NOT have a real estate license in Illinois, one of our agents teaches the licensing course in our office. The cost is $285 for the classes and $45 for the test, which you must pass. If you live in another state that offers reciprocal licensing, you know how easy it would be to get your Illinois real estate license and do this!

To repeat: whether you are a struggling REALTOR thinking of leaving the business or someone exploring new ways to bring home additional money...

WE HAVE AN EXCITING BUSINESS OPPORTUNITY FOR YOU TO CONSIDER.

If you’d like to discuss this opportunity at a time and place that are convenient for you, give me a call at 847-241-2355 anytime.

Thank you!

Ron Rank, e-PRO, GRI