How to Provide Top Grade Value Without Lowering Commissions

Published: July 9, 2020, 6 a.m.

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As real estate team leaders, it\\u2019s our duty to provide our agents with as much value as possible. Most people worry that this will become expensive. But true value doesn\\u2019t have to come at a cost.


There are ways to provide our agents with excellent resources and our clients with stellar service with zero overhead cost, we just need to find someone else to foot the bill. We can support our agents, without lowering their commissions or dipping into our own pockets.


We shouldn\\u2019t need to make the difficult decision between value and profit to provide our people with the assistance they need.


In this episode, we invite you inside an ERS coaching call to learn how to ensure everyone on our teams wins without compromising on quality.


Three Things You\\u2019ll Learn In This Episode

- Broker admin fees provide the resource for excellent client service
Implement a system where agents charge clients a broker admin fee. This money goes towards admin support, so the agent gets the assistance they need, while the client gets the value they deserve.

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- Create mutually beneficial partnerships to zero-cost marketing
It\\u2019s possible to have our marketing costs zero-rated if we approach private lenders. That being said, be sure to seek local legal counsel before entering into any agreements.


- Turn real estate related services into ancillary businesses\\xa0
When bringing any services in-house, consider whether there\\u2019s an opportunity to run that business at a different location. If the answer is yes, turn them into ancillary businesses and have them contribute towards deals they stand to gain from. The amount they pay will depend on the service they offer and the profit they stand to make.

We hope you gained valuable insight from our weekly high-level team leader training. If you would like more information on our leadership program, visit www.eliterealestatesystems.com or schedule your customized interview call today at www.ersdemocall.com.


Links mentioned on this episode:
https://www.vulcan7.com
https://www.homesnap.com

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