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Exit Realty is the Way of the FUTURE!

This message was pulled from a blog on www.headofrealestate.com.

The Real Estate World will Change Posted on February 26th, 2009 by admin As I sit in my office thinking of how the real estate world operates, and I’m talking to Realtor’s and Real Estate Franchises, I see the world changing before my eyes. Since I am one of the highest ranking ERA Agent in the world, I feel like I can honestly evaluate all franchises models and tell you why I don’t think they can or will survive this downturn. ERA for example, charges me a 6% franchise fee on every dollar (gross) that I bring in. Newer franchise owners are charged 8% of every dollar. When my contract with ERA expires, they will try and stick me with the 8% number for certain when they ask my company to renew the agreement with ERA. RE/MAX, Century 21, Prudential and Coldwell Banker are similar models. If you are a new or low producing agent, what you get for that 6%-8% is tons of support and or training and a generic “box” of marking tools to boost your self esteem and make you look like you have experience to the uneducated consumer. If you make $50,000 per year, that $3,000 to $4,000 per year in franchise fees is well worth it. After all, you are giving 50% to your broker anyway. Once agents start to get it (the few who do) and start to sell more real estate, that 8% number starts to choke us. When you factor in what you get for your money, those figures are so unwarranted that you start to wonder why you pay them? In 2008, my Team, The Arcuri Team paid over $57,000 in franchise fees to ERA. Did I get a free ticket to the ERA Convention? NO! I’m was in the top three Teams in the world in 2008 for ERA. Has anyone called me? I have been one of the top agents in the world with ERA since 1995. Have I ever shaken hands with the CEO of ERA? NO. Those privileges are reserved for “the good ol boy network”, the same agents every year. One agent who is on the lecture circuit with ERA is the wife of a big military man. They live outside the20Base in their town. Her husband sees to it that she gets all the leads from that Base. WHAT CAN SHE TEACH ME OR ANY AGENT? She is jet set across the country by ERA to tell everyone how her magnets are prettier than everyone else’s and that is why she is so good! She does not know why she has success! 2 + 2 = 4. It really is insulting. Agents are getting tired of the “same old same old” and we are expecting marketing in exchange for our dollars. I pay for 100% of my marketing! What was ERA’s part in my 2008 success? I really don’t know. I saw ZERO ERA ads in Tampa, no T.V.. ads in Tampa. What I DO know is that with that $50,000, I certainly could have used that money in the TAMPA market! How do I benefit from handing ERA $50,000 per year and nobody knows your name? New franchise models like EXIT Realty are the future. They are not taking advantage of their agents and they allow the agent to keep more money and make more money with their referral program. Agents there can make more than 100% of their commissions. MORE THAN 100%! Other franchises like Charles Ruttenberg and Future Home Realty in Tampa Bay charge a small fee off each closing. Models like this are popping up nationwide and those models ARE the future of real estate. GREED will kill the traditional model and in five short years, the Broker landscape in this country will look very different than it does today. The greedy dinosaurs of today will fall to the wayside just like the real dinosaurs of yesteryear.

Let Me Tell You Why "Exit"

If you are thinking about switching your agency as a Realtor already in the business – I’d like to buy your lunch and tell you about “my company.”  Sharing the “Exit Strategy” is what we are all about!  If you are thinking about becoming a Realtor – start off on the right foot – with the “right company” and I’ll be glad to tell you more.

CLICK HERE to watch a company video explaining just a “few” of the benefits to EXIT Conventional Real Estate!

Want to Know More About Sponsoring?

Simply put – this is a way to encourage mentoring from one agent to another. In real estate, most of what we do is word of mouth: many times when our career works then you will share the experiences with those you know or come in contact with. EXIT gives us the opportunity to share the system and EARN passive income for doing so. CLICK HERE TO READ MORE.

EXIT Continues to Grow!

A new office is planned for the Centerville area – which is very exciting and will open the door for not only buyers and sellers but also for agents who are interested in joining the Fastest Growing Real Estate Company! There will be many things for me to share as this project develops, so be sure to check back here or contact me directly for more information.