logging in or signing up How to earn $50k to $150K selling real estate MyFavoriteAgent Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 27 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: September 10, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript How to make $50,000 to $150,000 or more per year : How to make $50,000 to $150,000 or more per year quickly and easily selling real estate with MyFavoriteAgent.com LLC Homes SOLD per year : Homes SOLD per year What about prices? : What about prices? Real Estate Companies : Real Estate Companies Must have a Qualifying Broker who is responsible for agents’ actions 1/10 Baldwin County 300 companies 9/10 Baldwin County 250 companies Some companies require experience Some companies require floor duties Some companies charge desk fees Number of Real Estate Agents : Number of Real Estate Agents Jan 10 Baldwin County 1500 agents Sept 10 Baldwin County 1000 agents 80% of agents make less than $20,000 per year 80% of agents sell 1 to 4 homes per year Top 10% earn $150,000 and up How You’re Paid : How You’re Paid Real Estate Agents are Independent Contractors – 1099 No Base Salary – Commission Only Commission is paid out of the proceeds of the sale Commission is negotiable By law, all commissions are paid through your brokerage You typically will receive about 1.5% of the sales price as your gross commission. Show me the money : Show me the money Make $50K per year…in only 11 months Just sell 2 homes per month Make $99K per year… in only 11 months Just sell 4 homes per month Make $150K plus per year…in only 11 months Just sell 6+ homes per month Agent Requirements : Agent Requirements Alabama Real Estate License Be a U.S. citizen, permanent resident alien or legally present in the U.S; Be at least 19 years old; Show proof of bona fide residency in any state in the U.S.; Show proof of high school graduation or GED; Not have been convicted of a felony or a crime involving moral turpitude; Not have had a real estate application or license rejected or revoked in any state within the past two years. Steps to a license : Steps to a license successfully complete an approved 60 clock hour pre-license course (online course link at http://MyFavoriteAgent.com Pass State Examination complete a 30 hour post license training course about $700 for courses and exams If you spend 2 to 3 hours a day, it will take you about 2 months to get your license. Joining Association of Realtors : Joining Association of Realtors When you join a Real Estate company you must also join the Association of Realtors National, State and Local MyFavoriteAgent.com LLC belongs to Baldwin County Board of Realtors It’s a $170 one time application fee About $400 a year due in Jan (prorated) Multiple Listing Access : Multiple Listing Access We have access to both Baldwin and Mobile County MLS Baldwin application fee is $50 and $30 per month Mobile application fee is $25 and $36 per month These fees are due to your brokerage before the 1st of the month 4 required classes before you can use the systems (free). At MyFavoriteAgent.com LLCExperience not required : At MyFavoriteAgent.com LLCExperience not required Earn top dollar quickly with our unique systems We show you step-by-step what to do We teach you how to overcome nearly every objection and stall We show you how to get prospects to WANT to meet with you We GIVE you WARM prospects, you are not required to do lead generation. The next step… : The next step… Email Tami@MyFavoriteAgent.com a little story about one of your achievements and a list of things you like and your dislikes. Go online to http://MyFavoriteAgent.com and click on the banner Going to real estate school to enroll in the Alabama pre-license course. Forward your email receipt from school to Tami@MyFavoriteAgent.com You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
How to earn $50k to $150K selling real estate MyFavoriteAgent Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 27 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: September 10, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript How to make $50,000 to $150,000 or more per year : How to make $50,000 to $150,000 or more per year quickly and easily selling real estate with MyFavoriteAgent.com LLC Homes SOLD per year : Homes SOLD per year What about prices? : What about prices? Real Estate Companies : Real Estate Companies Must have a Qualifying Broker who is responsible for agents’ actions 1/10 Baldwin County 300 companies 9/10 Baldwin County 250 companies Some companies require experience Some companies require floor duties Some companies charge desk fees Number of Real Estate Agents : Number of Real Estate Agents Jan 10 Baldwin County 1500 agents Sept 10 Baldwin County 1000 agents 80% of agents make less than $20,000 per year 80% of agents sell 1 to 4 homes per year Top 10% earn $150,000 and up How You’re Paid : How You’re Paid Real Estate Agents are Independent Contractors – 1099 No Base Salary – Commission Only Commission is paid out of the proceeds of the sale Commission is negotiable By law, all commissions are paid through your brokerage You typically will receive about 1.5% of the sales price as your gross commission. Show me the money : Show me the money Make $50K per year…in only 11 months Just sell 2 homes per month Make $99K per year… in only 11 months Just sell 4 homes per month Make $150K plus per year…in only 11 months Just sell 6+ homes per month Agent Requirements : Agent Requirements Alabama Real Estate License Be a U.S. citizen, permanent resident alien or legally present in the U.S; Be at least 19 years old; Show proof of bona fide residency in any state in the U.S.; Show proof of high school graduation or GED; Not have been convicted of a felony or a crime involving moral turpitude; Not have had a real estate application or license rejected or revoked in any state within the past two years. Steps to a license : Steps to a license successfully complete an approved 60 clock hour pre-license course (online course link at http://MyFavoriteAgent.com Pass State Examination complete a 30 hour post license training course about $700 for courses and exams If you spend 2 to 3 hours a day, it will take you about 2 months to get your license. Joining Association of Realtors : Joining Association of Realtors When you join a Real Estate company you must also join the Association of Realtors National, State and Local MyFavoriteAgent.com LLC belongs to Baldwin County Board of Realtors It’s a $170 one time application fee About $400 a year due in Jan (prorated) Multiple Listing Access : Multiple Listing Access We have access to both Baldwin and Mobile County MLS Baldwin application fee is $50 and $30 per month Mobile application fee is $25 and $36 per month These fees are due to your brokerage before the 1st of the month 4 required classes before you can use the systems (free). At MyFavoriteAgent.com LLCExperience not required : At MyFavoriteAgent.com LLCExperience not required Earn top dollar quickly with our unique systems We show you step-by-step what to do We teach you how to overcome nearly every objection and stall We show you how to get prospects to WANT to meet with you We GIVE you WARM prospects, you are not required to do lead generation. The next step… : The next step… Email Tami@MyFavoriteAgent.com a little story about one of your achievements and a list of things you like and your dislikes. Go online to http://MyFavoriteAgent.com and click on the banner Going to real estate school to enroll in the Alabama pre-license course. Forward your email receipt from school to Tami@MyFavoriteAgent.com