What's the Catch?
I often smile when I hear this question, but since we live in a fairly skeptic world, I am not surprised by it. It's a fair question and I want to answer it without bashing other companies.
I am shooting for a paradigm shift. Thats why I created this company:
To make sure it is more profitable for you to join Circle100 than opening your own brokerage.
From day one I designed Circle100 to help real estate agents be more profitable. That is why we provide specific education, coaching and consulting that are all designed to help real estate agents operate like business owners, not just selling real estate but actually building a lasting income.
That's why we pay our agents 100% commissions and help them build their residual bonuses to be able to retire with income.
A lot of people strive to be their own boss, but when it comes to it, they act like an employee, not a business owner. That is why most real estate agents as well as entrepreneurs and small businesses end up failing.
Our Circle100 platforms are designed to provide support, education, guidance and a financial platform to help real estate agents build a lasting profitable business.
In order to deliver on that promise and still be able to build a profitable brokerage, I had to experiment with different economic platforms and innovate a formula that works for the long term and be profitable for every broker owner and every real estate professional who joins us.
If you are a broker who wishes to launch a Circle100 office in any State throughout the United States, please contact me directly to discuss a possible venture. The success formula I encountered is available for like-minded individuals who would like to spread this gift of ownership and profitability.
Back to our topic:
A paradigm shift requires boldness. Making decisions and taking actions as well as consistent innovation with a clear vision of a much better alternate reality.
A much better reality for YOU the real estate agent.
I see no reason to bash other brokerages who still choose to provide a traditional office environment and pay their agents a lower split. I guess these brokerages are still in need, especially for agents who don't have enough skills or self assurance and feel they must rely on a brand name in order to get business.
If your broker gives you leads on a consistent regular basis and you service the broker's leads, of course the broker deserves a chunk of your commissions and rightly so. That is what the traditional brokerage was created for. The broker is generating leads and then giving these leads to agents in their offices to service and to convert. It's a partnership.
But if the agents generate their own leads, service and convert those leads by themselves, I myself see no reason for these agents to stay in such an environment where they need to give up a big portion of their income.
I guess it's the agent's choice to stay or leave such an environment, but I am surprised to still encounter so many agents who truly believe their company's brand has anything to do with their production level or results.
A Side Note:
There are wonderful agents out there who deserve to be part of our company. I am looking for them all the time. If you are contemplating joining Circle100 but need some more information, I would like to invite you for a quick chat and hopefully answer all your questions.
Bottom line and final notes:
Here is what I managed to build into my economic formula, and it's all inclusive:
To help you build your own profitable business, we provide 1 on 1 coaching, training, weekly webinars, group coaching, mastermind sessions and business consulting designed for business builders.
We can pay you 100% commissions and we don't charge much in return.
We pay you quickly (24-48 hours) and there's also an option to be paid in advance.
We provide upfront commission solutions (in case you need an upfront) through E-commission.
We provide smooth transition to make sure agents don't lose money when transitioning over.
We help you to sponsor other agents and build your residual bonuses.
We provide administrative support and a transaction coordinator to help you focus on making money without worrying about paperwork and such.
We provide paperless technology, CRM, and other marketing solutions.
We provide multiple physical locations (we are not a satellite brokerage).
We provide recruiting incentives and upcoming vacation trips.
We provide mentoring program for new agents
We pay large bonuses to agents who decide to mentor new agents.
And much more.