introduce talent to Keller Williams A portion of OWNER profits from the Market Center Passive income Paid to participants monthly What It Is Not
A Multilevel Sales Program
An override from an agent’s commissions Money given from one agent to another (revenue share) Why Do We Do It? We believe in empowering our associates to take an active role in the Market Center We believe associates should benefit from the financial success of the Market Center Agents become “partners” Calculating the Office’s Profit
25% X $2,990=$747.50 35% X $8,250=$2,887.50 50% X $68,760=$34,380.00
Total Profit Share for the Month:
$38,015.00 How Do I Receive Profit Share?
Three Things Need to Happen:
3. You invite Joe Agent to the office and Joe names you as sponsor 4. Market Center is profitable
5. Joe Agent is productive
Profit Share Formula
Office monthly closed volume: $20,000,000
$180,000 was company dollar
Joe’s closed volume was: $600,000
($600,000/$20,000,000=3%)
Joe’s production was responsible for 3%
of the company dollar that month Profit Share Calculation
Company Dollar: $180,000 X 3%=$5400
Profit Share Pool: $38,015 X 3%=$1140.45
$1140.45 to be shared by 7 Associates in
Joe’s Sponsorship Tree How is Profit Share Paid?
You, Joe’s Direct Sponsor @ 50% $570.23
Your Sponsor @ 10% 114.05 Their Sponsor @ 5% 57.02 Their Sponsor @ 5% 57.02 Their Sponsor @ 7.5% 85.53 Their Sponsor @ 10% 114.05 Their Sponsor @ 12.5% 142.56 Total $1140.45 Benefits of Profit Share Passive Income vs. Active Income 100% Vested after 3 years with KW Willable and/or Transferable Creates an environment of success Puts the owners and the agents on the same side of the table as partners Questions