Re: Take your real estate business to a whole new level
I love it. I never dreamed this thread would get this many views. Thank you for generating curiosity and interest. I have talked with three people. They might just join GRM. Amazing!!!
Amway is a fun way to make no money. :funn:
We have people making seven figures already in GRM...more to come. We have an 80/20 split for producing agents, with no desk fees, and no franchise fees. Our pay plan pays six levels deep, based on gross commissions, with no cap. Compare that to Keller Williams, Exit, Avalar. Great companies, just compare.
In order to receive commissions, an agent must be licensed and go through a background check, just like an other RE professional.
Yep, the RE market might be declining here in the Panhandle, more so in other parts of Florida, but other parts of the country did not experience a bubble like Florida, California, Arizona, and Las Vegas. Why not have the ability to recruit agents from areas where the market is still relatively strong? Can you do that now?
More important, if you are a producing agent, what is your exit strategy?
Hubert Humphrey benefited from having his two previous companies being sold to Citigroup and Aegon(one of Zach Johnson, 2007 Masters champion's sponsors). When GRM is sold in a few years, he will distribute 20% of the equity to the field reps based on how much they have helped build the company. That is the end game. Build up the company and sell it; it is done every day in this country.
GRM is a new concept that you should take a serious look at and not be worried about. This one, www.iggyshouse.com, you might want to be worried about.
It's the Amway pyramid compensation plan business model...but instead of selling detergent and air freshener they sell condos and houses
Over the last couple years, the market was flooded with newly-minted RE agents chasing the easy money. With many now seeing their commissions drying up, the environment is ripe for the likes of GRM to once again give them something to get excited about. GRM had its big nationwide launch at the most recent NAR convention in NOLA. The folks who visited their information booth are now fanning out across the nation recruiting underlings. Additionally, I'm sure they'll be cranking out a never-ending supply of motivational books, tapes and conferences so the followers can fund the lifestyles of those on the top.
If this concept takes offs, and the leaders can sufficiently jazz their underlings, the GRM crowd may be serious competition for the traditional Realtor. But in the near-term, I find it difficult to believe that this Amway-like business model will be as successful for agents selling real estate than it was for agents selling floor cleaner...especially in a declining RE market.
.
I love it. I never dreamed this thread would get this many views. Thank you for generating curiosity and interest. I have talked with three people. They might just join GRM. Amazing!!!
Amway is a fun way to make no money. :funn:
We have people making seven figures already in GRM...more to come. We have an 80/20 split for producing agents, with no desk fees, and no franchise fees. Our pay plan pays six levels deep, based on gross commissions, with no cap. Compare that to Keller Williams, Exit, Avalar. Great companies, just compare.
In order to receive commissions, an agent must be licensed and go through a background check, just like an other RE professional.
Yep, the RE market might be declining here in the Panhandle, more so in other parts of Florida, but other parts of the country did not experience a bubble like Florida, California, Arizona, and Las Vegas. Why not have the ability to recruit agents from areas where the market is still relatively strong? Can you do that now?
More important, if you are a producing agent, what is your exit strategy?
Hubert Humphrey benefited from having his two previous companies being sold to Citigroup and Aegon(one of Zach Johnson, 2007 Masters champion's sponsors). When GRM is sold in a few years, he will distribute 20% of the equity to the field reps based on how much they have helped build the company. That is the end game. Build up the company and sell it; it is done every day in this country.
GRM is a new concept that you should take a serious look at and not be worried about. This one, www.iggyshouse.com, you might want to be worried about.