6AH AGENT EXPECTATIONS
ALL REAL ESTATE GUIDES AGREE TO THE FOLLOWING:
Know and Carry out all Company Policies and Procedures as they now exist or may be amended, including the Company Mission Statement, Core Values, and Rules (titled 6th Ave Homes Handbook)
1. Team Meetings
Attend 8 meetings/events per year
Meetings are Wednesday at 9:30am twice a month
2. Close a minimum of 6 Transactions per year
These can come from splits, 6AH Leads, or assisting other agents
Implementing in June 2018
4 transactions are required from contract execution date to 12/31/2018
3. Contracts and Documents
All Transactions must have all required 6AH Check List Docs for a CDA to be released.
6th Ave Homes Commission Split
1. 20% of total commissions per transaction is to be paid to 6th Ave Homes LLC
2. An additional 20% is to be paid to brokerage for any lead given by 6th Ave Homes LLC or generated through 6th Ave Homes LLC. marketing campaigns and collateral.
Includes leads that come through our google voice hotline
Leads are given at the discretion of the brokerage
3. Commission split to Ave Homes LLC will be capped at $20,000 per calendar year.
4. Once capped agent will pay a flat fee of $600/transaction.
1. New agents will be paired with a mentor. The mentor will help with training and will be your point person for questions.
2. Mentors will allow you to help out and shadow them. This will include bringing you to meetings, showings, etc.
3. Mentors will also ask you to “Help”. The best way to learn is to do it. This will include showings, open houses, working on contracts, etc.
4. Your mentor will assist you with your first 2-3 transactions. Mentors will be paid 40% of your first two transactions or 50% if it is a lead provided by 6AH.
1. Respond to team members & client emails and phone calls within 24 hours (excluding Sundays).
Exceptions are vacations (must notify team in advance), holidays, and emergencies
2. Be quick to apologize and own mistakes.
3. Must be honest with the 6AH team when conflicts arise, problems surface, or you have too much on your plate.
4. Use & maintain a Google Calendar. Anytime you schedule a meeting (with team members or clients), send an invite.
Once 6th Ave Homes LLC office space (908 Bryan Ave, Fort Worth TX 76104) is open and useable, all agents will be required to pay a $100 / month fee for use.
This fee may be raised or lowered at Brokerage discretion.
DATABASE AND LEAD GENERATION
All agents are required to have, maintain, and actively use a lead database
1. Database must have a minimum of 400 People and will include
50 VIPs - Your top referrers
All Past Clients
2. All agents are required to call and or write everyone in your database twice per year
Strategy : 26 letters in alphabet and 52 weeks in a year. If you call one letter / week, then you would connect twice per year
Weekly Lead Generation Requirements
All agents agree to make the following weekly lead generating phone calls or meetings :
1 call to a past clients
5 calls to VIP’s
Call 1 letter (first letter in last name) in your database of 400 database per week
This will be the equivalent of 2 touch points per year for everyone in your database
2 lunches or coffees / week with a potential lead or someone in your database
Have, maintain, and actively use a personal Instagram and Facebook account
All agents agree to make 1 real estate related Social Media post per week on personal platforms
All agents agree to write or provide copy for 2 blog posts for the 6AH website per year
1. When interacting with clients or leads all agents agree to:
2. Respond to a Buyer’s or Seller’s Form (lead), email intro, phone call, or lead within 24 hours by phone and email (excluding weekends)
3. Bring a 6th Ave Homes Folder and Buyer’s or Seller’s Packet to every “Meet-Up”
4. Send calendar invitations for all Meetings & Showings
5. Send and email recap after all showings and client meetings
6. All agents agree to use and fulfill our 6th Ave Homes Value Touchpoints
7. You can pay your Transaction Coordinator to do these things
If you are personally buying any real estate for personal or professional reasons, please notify brokerage (Jamey and or Jimmy) in writing (email).
Note: we will not expect a commission off of this other than the fixed cost for the transaction if commission is generated in the sale:
$150 Troy Austin Broker Fee
$125 Victoria Capps - Transaction Compliance Fee
REQUIRED SALES AGENT TRAINING
1. Understand requirements on how to keep your license current
Every agent is required to complete Sales Agent Apprentice Education (SAE) within the first two years their license is active
The date to use is the one printed on your license
SAE is 90 hours of training
2. Once you complete your SAE, all Sales Agents are required to complete the following trainings every two years after that:
Complete Legal I and Legal II every two years
These are 4 hours each and are put on by GFWAR
Complete 10 hours of Continuing Education (CE)
These are put on by GFWAR and title companies
Agent that comes on specifically for wholesaling
Agent that sells predominantly investment properties
Previous agreement with Jamey and Jimmy
Tenured Agent (over 20 transactions total, and/or close 10+ a year)