WHAT do
real estate professionals really want?
Slide 1
I want to keep more of MY MONEY.
Slide 2
I want top tier marketing support.
Slide 3
I want to own my own business some day.
Slide 4
I don’t want to be told how to run MY BUSINESS.
Slide 5
I want to receive education, mentoring, and business coaching.
Slide 6
At Metro Brokers, we say “YES” to what you want.
Slide 7
YES! You can have it all…
Find out how much more you can get for so much less than the other guys.
Start, grow, and finish your real estate career. . . . . . . Keep up to 100% of your commissions. . . . . . . . . . . . . Freedom to join a team or start a team . . . . . . . . . . . . Freedom to own your own office. . . . . . . . . . . . . . . . . . Freedom to start your own company. . . . . . . . . . . . . . . Superior Tier 1 marketing support. . . . . . . . . . . . . . . . . Opportunity to get what you really want. . . . . . . . . . . .
Slide 8
FOUNDERS and history In 1976 six enterprising real estate brokers decided that they had had enough!
Brokerages were keeping too much of their brokerage fees. Brokerages were controlling too much of their business. At that time, many brokerages did not even allow women in the business. Years before the advent of teams, these individuals realized that they had to have their own company. But they did not want to be out on their own so they created a whole new concept. Totally independent companies, working under a common trade-name and pooling resources. This enabled them to be larger than their individual companies, while still allowing control of all aspects of their own business. Metro Brokers was born and over 45 years later the concept is even more powerful today than when it was originally created.
Slide 9
METRO BROKERS — we have un-franchised
the franchise and branded the unbranded.
We are looking for industry mavericks… not sheep. We are not a franchise. We are a marketing and branding association. No national or state franchise fees of any kind
No territory restrictions
No splits off the top of any kind
No production and recruiting requirements
No company software fees
No annual audits
No initial set up fees
No “must use” software, service, products, or vendors
Slide 10
METRO BROKERS today The largest member-owned real estate marketing and brand association in Colorado. The largest number of combined independent real estate companies in Colorado.
Slide 11
METRO BROKERS achievements & success 46
635
Active Members
Years in Business
37
Current Locations and Growing
Slide 12
$3.10
Billion in Volume Production
5,460
Transactions Yearly
8.5
Transactions Per Broker
*2020 Production volume
METRO BROKERS mission OUR MISSION Providing the framework, structure, brand and freedom for real estate brokers to work professionally, efficiently, ethically, and profitably.
Slide 13
WHAT brand value does MBI offer? Since 1976 Metro Brokers has been a valuable, recognized brand name across the great state of Colorado. Our consistent media and marketing efforts continue to build powerful brand awareness that brings instant credibility and drives business to our members. Over the years, that is how Metro Broker members have sold over $55 billion in Colorado Real Estate. More freedom, more opportunities and fewer constraints, means satisfaction and success at Metro Brokers. Metro Brokers offers multiple locations throughout Colorado. You choose which office to affiliate with or you may open your own. Each location is independently owned and operated.
Slide 14
TIER 1 MARKETING what is it? Tier 1 involves ACTIVE, top-level, brand building through television,
outdoor, video, digital, SEO/SEM, social media and website presence. Most real estate agents never get this level of brand support. Tier 2 offices and companies usually provide passive, mid-level marketing
such as brochures and company branded sales materials.
Tier 3 companies and associates build brand equity and awareness through
personal relationships and referrals.
Slide 15
TIER 1 MEDIA SUPPORT you need for success Broadcast
Cable
Infomercials
Satellite
Re-marketing
Streaming/OTT
Pay-per-click
Banner Display
Pre-roll video
Transit & Billboard SEO/SEM TV Market Updates Social Media Our members’ monthly investment is leveraged to provide millions of dollars of Tier 1 Marketing Support including: television, video, digital, SEO/SEM, social media and website presence. Slide 16
METRO BROKERS provides Tier 1 marketing support Your monthly investment is leveraged to provide millions of dollars of Tier 1 Marketing Support including: Television, Outdoor, Digital, Social, and Web Search
Slide 17
METRO BROKERS 2022 ADVERTISING AND MEDIA PLAN
Slide 18
MEDIA PLACEMENT RATIONALE Seasonality-advertising to run April-September, strongest months for real estate sales Target: Adults 25-54, looking to purchase or sell a home Geography: Denver, Colorado Springs, Grand Junction
Slide 19
Media Mix to include: Broadcast Television in all markets Streaming/OTT in Denver and Colorado Springs Cable Television in Denver and Colorado Springs
BROADCAST TELEVISION Focus on Morning News, Daytime, Evening News, Late News, Late Fringe and Weekends. Most cost effective areas of daily programming. Stations: Denver: KCNC, KDVR, KMGH, KUSA, KWGN Colorado Springs: KKTV, KRDO, KXRM Grand Junction: KREX, KFQX
Slide 20
METRO MINUTES TELEVISION One minute tips positioning Metro Brokers as the authority on Real Estate in Colorado
Monthly interview segments on Great Day Colorado in Denver and Living Local in Colorado Springs
Tips on the home buying process in- Production of interviews and tips included at no charge cluding financing, staging, inventory Runs on KDVR/KWGN in Denver and KXRM/KXTU in Colorado Springs
Slide 21
CABLE TELEVISION Denver and Colorado Springs — Target networks that are most efficient in reaching potential home buyers and sellers Networks include: CNN, DISCOVERY, ESPN, FOOD, FOX NEWS, HGTV, HISTORY, MSNBC, TBS, TNT No cable in Grand Junction due to budget limitations
Slide 22
SOCIAL MEDIA
Insertion on all major Social Media platforms
Slide 23
STREAMING/VIDEO ON DEMAND Targets by ZIP code Insertion on streaming platforms and demographics targeting adult home buyers and sellers. Insertion on Comcast/Effec Runs in Denver, Colorado Springs tive Video on Demand and Grand Junction Insertion on Apple TV, Amazon Fire, Roku, Crackle
Slide 24
REACH/FREQUENCY Adults 25-54 (April 1 – Septemeber 30) Denver: KCNC, KDVR, KMGH, KUSA, KWGN 90% reach, 6.2 frequency | Total impressions: 10,640,000 | Total spots: 1945 Colorado Springs: KKTV, KRDO, KXRM 89% reach, 7.5 frequency | Total impressions: 6,626,000 | Total spots: 1608 Grand Junction: KREX, KFQX 78% reach, 6.3 frequency | Total impressions: 1,092,000 | Total spots: 660 Spot totals do not include streaming, which delivers impressions, not a specified number of commercials.
Slide 25
DIGITAL MARKETING ONLINE ADVERTISING Adults 25-54 Denver, Colorado Springs, Grand Junction and Greeley Campaigns: PPC, Smart Map Ads, Video Pre-Roll, Competitive Video Targeting, Display & Re-marketing 1,035,136 Impressions | 22,669 annual clicks | 346,576 video views Reach across Mobile, Tablets, Computers and TV Screens targeted by visitors web use. Top websites advertised on: FoxNews.com, 9News.com, TheDenverChannel.com, APNews.com, TheGuardian.com, USAToday.com, Accuweather.com, Dailywire.com, TheBlaze.com, Weather.com, MSNBC.com, A&E.com, CNN.com, NYPost.com, NBCNews.com, History.com, Disney.com, ESPN.com, ABCNews.com
Slide 26
STATE OF THE ART Website
Your monthly investment provides a state of the art website that delivers over 20,000 visitors per month. You can have your own custom website that is optimized for your specific areas of expertise and service area.
Slide 27
HOW will Metro Brokers benefit me? By providing powerful brand awareness throughout Colorado. Metro Brokers delivers instant credibility. By driving business to you. By enabling our members to generate more than $58 billion in sales. You will never have to explain your company.
Slide 28
WHAT does that mean for you? You have complete independence as a real estate broker.
Slide 29
WHAT does that mean for you? You’re in business for yourself but not by yourself.
Slide 30
WHAT does that mean for you? You get more freedom, more opportunities and fewer restraints.
Slide 31
WHAT does that mean for you? You can choose an existing office to affiliate with or open your own office. Each office is independently owned and operated.
Slide 32
WHAT does that mean for you? Metro Brokers spends more money per broker on Tier 1 marketing and branding than any other independent company in Colorado real estate.
Slide 33
WHAT does that mean for you? Your nominal monthly investment will give you Tier 1 marketing support that most brokers can’t access.
Slide 34
WHAT does that mean for you? You will receive the marketing support you’ve always dreamed of.
Slide 35
WHAT does that mean for you? Immediate brand equity that would normally take years to develop.
Slide 36
ARE YOU considering a career in real estate?
Begin as a new agent and grow to the business level of your choice.
Work with top, experienced professionals in the industry.
Get the support you need to grow.
Slide 37
Never have to leave the brand to achieve your career goals.
OPPORTUNITIES within Metro Brokers The Metro Brokers brand offers you the opportunity to work professionally in every phase of real estate: commercial, residential, and property management. A BROKER ASSOCIATE – looking for a change from your current company, or experienced enough to consider becoming an Independent Broker, or eager for a business culture that lets you blend your work and lifestyle. AN INDEPENDENT BROKER – with an entrepreneurial spirit looking for an income model that lets you benefit more from your work, or ready to become an Employing Broker with associates that you can mentor to everyone’s advantage.
Slide 38
OPPORTUNITIES within Metro Brokers A TEAM LEADER – who is seeking a stepping-stone to the satisfaction of owning their real estate brokerage, to generate income without constraints. AN EMPLOYING BROKER – who seeks the satisfaction of owning their business, making their own decisions and ready to generate income beyond your day-to-day commissions, while building a legacy of long-term value.
Slide 39
OPPORTUNITIES within Metro Brokers A COMPANY OWNER – who wants the independence to pursue business and build relationships utilizing your personal strengths and interests, with a company that will appreciate your experience and optimize your success. AN OFFICE OWNER – There comes that time when you seek to put your team on the map. Turn your team into a “Real Company.”
Slide 40
THE VALUE of mentoring
Supportive environment.
Sharing valuable knowledge.
Encouragement at every stage of your career.
In the vast majority of instances, you will receive one-on-one training.
Always someone to turn to.
Collaborative, not judgmental.
Slide 41
JOIN an existing office or choose your own location NEBRASKA
WYOMING
Fort Collins
UTAH
Greeley Boulder Dillon
Denver
Grand Junction
Current office locations
Colorado Springs
Pueblo
Pagosa Springs
ARIZONA
Slide 42
NEW MEXICO
KANSAS
COLORADO
OKLAHOMA
METRO BROKERS bill of rights Our company by-laws state in writing that, “75% of all monthly investments are allocated on marketing and branding.”
NO PROFITS paid to anyone.
NO SALARIES to any corporate leadership.
Volunteer Board of Directors — All are active Metro Broker REALTORS®. Run by real estate professionals, for real estate professionals. Owned and operated by member REALTORS®.
Slide 43
METRO BROKERS is a marketing
and branding association. Investment allocation
Marketing and branding . . . 75% Administrative costs. . . . . . . 11% Employees and staffing . . . . 7%
75%
Building and facilities. . . . . . 7%
11% 7%
Slide 44
7%
MEET the Metro Brokers leadership team All volunteers. Elected by members. Responsible for all business decisions. Find out how you can be part of this team.
Kim Wermerskirchen President 25 Years, The W Real Estate Group
Jerry Biesboer President Elect 29 Years, Realty Oasis
Darrell Evangelista Secretary 27 Years, First Choice RE Brokers
Mike Mensendick Director 7 Years, Colorado Home Sales
Christie Martin Director 22 Years, Martin Realty
Kay Corken Director 28 Years, Kay Real Estate
Tony Marietta Director 47 Years, Marietta and Company
Katie Roberts Director 11 Years, +5 Inc
Stacye Pratt Director 15 Years, LSP Real Estate LLC
Ron Hetherington Treasurer 43 Years, Hetherington Properties
Guy LaGuardia Director 33 Years, Colorado Realty Source
Mark Eibner Past President 36 Years, Realty Oasis
Dean Yocum Director 14 Years, Marston and Blue LLC
Perri Smith Manager of Administration 23 Years at Metro Brokers
350+ years of real estate experience representing 8 different real estate companies. Slide 45
MEET your marketing and media team PRINT AND MAIL
Bridget Van Vorous
30+ years experience IT, Real Estate, & CRM solutions
Nancy Tanner
30+ years experience Direct Mail & Printing
Holly Bea-Weaver 35+ years experience Copy & Content Writer
Gregory Isenhart 37+ years experience Strategic Marketing
22+ years experience Digital Media, Web development, SEO
Margie Fish
Cindy Vaughan-Sanger
30+ years experience Graphic Design & Sign Printing
35+ years experience Graphic Design & Marketing
Danny Atkeisson
30+ years experience Branding, Design, & Printing Slide 46
Bryan Mosley
Gina Budny
22+ years experience TV & Video Production
CORPORATE Headquarters
Englewood, Colorado
Over 5,280 square feet of meeting rooms, conference rooms, training facilities and a convenient location.
Metro Brokers members own their building. Located in Englewood, Colorado on the fabulous Hilton Denver Inverness Gold Club.
Slide 47
WHY I JOINED Metro Brokers “I was tired of RE/MAX telling me how to run my business.” – Sam B, Denver
“Coldwell Banker just did not provide the ROI that I needed to prosper.” – Jennifer S, Englewood “I realized the company controlled my team. Metro Brokers offered me the solution I needed for real freedom.” – John T, Grand Junction
Slide 48
MAKE YOUR MOVE today! CALL 303-843-0100 TODAY!
Today there are more opportunities at Metro Brokers for real estate professionals than any other company in the industry. Make your move to regain control of your own business!
Slide 49
BUILD IT. KEEP IT. All offices are independently owned and operated. Office culture and services will vary dramatically.
Slide 50
LOCATION, location, location Glendale/Colorado Blvd
Littleton/Highlands Ranch
Englewood/Inverness
Slide 51
MOST COMMON pitfalls
87% of Brokers will fail. Here are the top 10 reasons why…
1 Interested vs committed
#
2 Not strategic
#
3 Fear of mistakes & the desire to look good
#
4 No (or wrong) role model
#
5 Gas station is only open 1 day a week for 1 hour
#
Slide 52
6 Monday - Friday, 9:00 - 6:00 mentality
#
7 No sales swagger
#
8 No goal broken into numbers that get measured
#
9 Poor schedule, weak routines
#
10 Lack of financial management
#
THE 90/10 rule
applies to real estate more than it does to any sales profession.
REALTORS® with 16 years or more experience had a median gross income of $75,000 — down from $86,500 in 2019. REALTORS® with 2 years or less experience had a median gross income of $8,500 — a decrease from $8,900 in 2019. 65% of all REALTORS® were female, up slightly from 64% last year. REALTORS® worked 35 hours per week in 2020, down from 36 hours in 2019. 23% reported no transactions in 2020. Another 32% reported between 1 and 5 transactions in 2020.
Slide 53
CASH FLOW quadrant POOR E
RICH B
Employee (E): Brokerage Employee
Business Owner (B): Team Lead / Broker-Owner
• Hard Working • Marginal increases in compensation over time • Eventual Salary cap
BOUND S Self-Employed (S): Active Agent
• You are your own boss, but also have to do all the work • Higher earnings traded for less freedom • Only so many hours in the day = limits on profitability
Slide 54
• No longer restrained by time, • Multiple agents working for you • Build a team, work less, collect more profit
FREE I Investor (I): High-Growth Business Owner
• Ultimate goal • Full automation through technology • Passive Income, your money works for you
10,000 hours…
works out to be 20 hours per week for 10 years. 10 years is a long time, but consider that the average American watches five hours of television a day!
20 x 52 = 1,040 . . . . . . . . . . . . . . . . . . . . . . . . 10 Years 30 x 52 = 1,560 . . . . . . . . . . . . . . . . . . . . . . . . 6 Years 40 x 52 = 2,080 . . . . . . . . . . . . . . . . . . . . . . . . 5 Years 60 x 52 = 3,120 . . . . . . . . . . . . . . . . . . . . . . . . 3 Years
WHO ARE YOU? Slide 55
WHAT’S THE DIFFERENCE
making it or breaking it? We invest in your business from day one. 50 touch “top of mind” marketing Leads, leads, leads Systems, systems, systems Customer relationship management (CRM) Top-flight staffing and assistance Face-to-face real life mentoring
Slide 56
THIS IS A RELATIONSHIP AND CRM BUSINESS. Real Estate is what you sell, relationships are what you build.
Slide 57
MEET your support company & mentors Mark Eibner
Alison Eibner
Tina Gadpaille
• • • • •
• • • • •
• • • • •
Broker/Owner
Innovator Contracts Listing Specialist Training Mentoring
Broker/Owner
Broker/TM Team
Tech Specialist Contracts Listing Specialist Training Mentoring
Transactions Contracts Deadlines Escrow Processor Training
Alex Eibner
Evin Hughes
Josh Graham
• • • • •
• • • • •
• • • • •
TM Team
Transactions Deadlines Systems Workflow Tech Specialist
Client Concierge
Marketing Specialist
Onboarding CRM Specialist Client Touches Social Media Writing/Blogging
Graphic Design Photos Digital Marketing Drone/360 Tours Signs, Measuring
Over 125 years of real estate experience and support. Slide 58
58 PLUS client touches a year (MCFL) American Lifestyle Magazine . . . . . . . . . . . . . . . . . 6x100 CO Home News - Mail Chimp . . . . . . . . . . . . . . . . .12x100 Boomerang Direct Marketing . . . . . . . . . . . . . . . . .12x100 Letter & Item of Value - BB . . . . . . . . . . . . . . . . . .12x100 Quarterly Market Update Video . . . . . . . . . . . . . . . . 4x100 A+ A,B,C,D Contact Follow-up . . . . . . . . . . . . . . . . .12x100
My Customer For Life (MCFL) Slide 59
AMERICAN Lifestyle Magazine Premier custom magazine 6 times each year
High Quality
Customizable
Automatic Slide 60
BOOMERANG Monthly Gift Cards 12 localized touches a year specifically target to your area. NEBRASKA
WYOMING
Fort Collins
UTAH
Greeley Boulder Dillon
Denver
Grand Junction
Colorado Springs
Pueblo
Pagosa Springs
ARIZONA
NEW MEXICO
Slide 61
KANSAS
COLORADO
OKLAHOMA
MONTHLY item of value mailer High-quality monthly newsletters. 12 monthly touches
Slide 62
MONTHLY CO Home News email newsletter High-quality, local-based information and statistically driven Real Estate stats. 12 monthly touches.
Slide 63
SOFTWARE
Slide 64
BUILDING your business
Slide 65
BRAND EQUITY
RETURN on investment Metro Brokers
Play the entire Brokerage field and never change your BRAND. Keep your Brand Equity
More freedom, more opportunities, and more support, means more success at metro Brokers. COST
FLAT-FEE
SPLIT
BRAND
NETWORK
LOCATIONS COST
$124/Mo.
Independent
Associate 100%
Associate 90%
Associate 80%
Associate 70%
Core Team
$200/Mo.
$320/Mo.
$200/Mo.
$100/Mo.
$50/Mo.
$25/Mo.
$350/Ea.
$350/Ea.
MISC.
Additional Fees Yearly O &E Insurance Board of Choice License & Testing Fees
Miscellaneous Business Cards/Signage Mass Mailing Materials/Postage Personal Marketing Personal Phone/Electronics
BROKERAGE
FLAT-FEE SPLIT SHOWINGS PHONE/FAX SUPPLIES OFFICES SOFTWARE TM CONCIERGE All fees are based on ACH payments for Office/Metro Brokers fees. Credit Cards cost additional 3%.
Slide 66
RETURN on investment BUYER
Team Listing
Gimme
LISTING REFERRALS Go For No
Pre-approved and ready to preview homes. These deals are anticipated to be situations where ISA/Team provides a qualified buyer client that is ready to preview homes. Easy “hand-offs”.
30%
SOI
ISA Set--not a Gimme--Brokers take on Repore Someone else set the appt., but the agent still had to earn the business. If TL qualifies lead and sets buyer consult appt. for Buyer Agent. Also any inet, team lead that provides this buyer as a buyer.
40%
Team Lead Team Generated / Agent Converted. Lead comes from TL and OSA qualifies lead and coverts to client. (It is expected that the majority of deals will be leads supplied by TL that OSA converts to client). Agent SOI If Buyer comes from Agent Sphere of Influence (SOI) 100% from the Brokers World.
Slide 67
Listing referrals from Buyer Internet Leads, Yard Sign Calls and Open Houses.
50% 60% 90%
Listing referrals from Agent Sphere of influence. Working with TM team.
10% 35% 90%
*Leveraging any type of showing assistant costs 10% **Inbound and Outbound broker referrals are paid at business or SOI.
COMMISSION SPLIT calculator Agent SOI Lead
CHANGE BLUE CELLS ONLY
Gross Commission
11,975
11,975
11,975
11,975
350
350
350
350
12,325
12,325
12,325
12,325
0
0
0
0
Commission after Admin Fee
12,325
12,325
12,325
12,325
Total Income to OSA per Sale
$7,395
COMMISSION SPLIT CALCULATOR
Broker/Team Admin Fee
0%
Year 1
$6,163
Sides
Annual Net Income Potential
$29,580
4
Total 1st Year Income Potential
$112,158
18
Year 2 Annual Net Income Potential
$59,204
8
Total 2nd Year Income Potential
$174,727
27
$73,950
$78,454
10
Total 3rd Year Income Potential
$228,823
34
$4,930
12
2.5%
40%
$479,000
$3,698
Sides $4,930
1
2.5%
30% Sides
$3,698
1
Per month 1.5 Sides $101,558
16
Sides $10,156
2
Sides $3,808
1
Per month 2.25
Sides
Annual Net Income Potential
50%
$479,000
Sides
Sides
Year 3
Slide 68
60%
2.5%
“Gimme”
$479,000
Total Commission Check
$479,000
ISA Gen Lead
Average Sale Price
Transaction Fee
2.5%
Web Lead
Sides $130,756
20
Per month 2.8
Sides $15,691
3
Sides $3,923
1
CRM and accountability
Slide 69
THE ON-BOARDING process From Zero to 60 in 3 simple steps 0
30 ONLINE CE SHOP
SCHOOL
30
60
ON-BOARDING PHASE I | ON-BOARDING PHASE II | CRM MARKETING PREPARATION
TUESDAY—THURSDAY MEETINGS |
30
60 TUESDAY—THURSDAY MEETINGS
180 Slide 70
Online school
$300
1x
Exam Prep
$200
1x
DORA
$485
3 years
Testing
$90
$66 retake
Background
$50 + 20
1x
TOTAL
$1,145
Approx
LICENSE TO INCOME
0 MEETINGS
60
| EXAM PREP | TEST | DORA‐MBI‐R
0 ON-BOARDING
START TO LICENSE
REALTOR®
$600
$55
MBI
$149
1x
E&O
$200
Annual
TOTAL
$949
$46.00 MLS
$124.00 MBI
$25.00 R&O
$195.00 month
QUESTIONS?
Slide 71