Okay, I’ve spent a couple of weeks “teasing” you about the Zero2Hero Agent Challenge 2010 contest. Good news is we now have about half the contestants we need, so there’s still time to enter! I know there are many of you out there who are hesitating… Part of you wants to be a part of the contest but you’re scared. Or maybe you want to know a little more before going for it. So, I thought it might be a good idea to tell you a little more about what you can expect and explain just what we have planned for the Zero2Hero Agent Challenge 2010 contest. Drum roll, please… Continue Reading…
Posted 1 month, 1 week ago at 7:05 pm. Add a comment
Joining a real estate company, whether you are considering a move, or joining for your first time, is an important decision and one that you should make carefully and deliberately. So what factors should influence your decision-making process? Continue Reading…
Posted 2 months ago at 5:25 am. Add a comment
I’m often asked what I think of open houses. Well, I think it’s as good a way to waste a Saturday afternoon as any. My advice is to just take a long nap and catch up on your sleep instead. It will advance your real estate practice a lot faster than an open house! Let me explain. Continue Reading…
Posted 4 months, 2 weeks ago at 5:08 am. 1 comment
I think it’s a total waste of money! As bad as it gets! Even with a call capture hotline, the price paid for the few leads captured makes it a poor investment. Here’s why it’s such a bad investment. Continue Reading…
Posted 5 months ago at 5:18 am. Add a comment
I’m often asked, “Matt, what do you think of SEO?”. The short answer is not very much! I’ll explain. First, most of what is known as SEO (or Search Engine Optimization) is really a misnomer. When companies call you to sell you their SEO service, they are not really talking about optimizing your website for search engines, but rather they are talking about trying to fool search engines. But I’m getting ahead of myself. Let me back up a minute. Continue Reading…
Posted 6 months ago at 8:00 am. Add a comment
Let’s face it — we all know that much of what we spend our marketing dollars on is a complete waste of money. And what’s worse is our advertising amounts to the single biggest expense we have as agents — as much as 20% of GCI or gross commission income! That means if you gross $100,000 a year in commissions, you are likely spending up to $20,000 a year in advertising. Continue Reading…
Posted 7 months, 4 weeks ago at 3:45 pm. 2 comments
In the last nine steps I’ve shared what I believe to be crucial keys to being successful in this new age of real estate. But this final step is the most important step of all. And more importantly, if you skip this step, you may as well not do any of the other nine. Continue Reading…
Posted 8 months, 1 week ago at 9:33 am. 2 comments
Make your own leads and stop depending on lead vendors, your broker, or your friends! A recent survey of nearly half a million veteran agents revealed that the number one concern facing agents today is having enough customers. This is further compounded by the recent decline in the national housing market. Meanwhile some agents are having their best days ever, making more in a month than most agents make in a year. So what is so different about these agents? Simple — they’ve quit depending on everyone else.
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Pipeline-i® Virtual Office is an innovative technology designed by agents, for agents that empowers you to generate more customers than you can possibly handle, all for less than a cup of Starbucks a day. The Pipeline-i® Virtual Office technology package includes integrated lead capture with our LCM® Web Gateway, our LCM® Phone Gateway technologies, our Agent SimpleSite®, and unlimited personal business coaching.
Check out what you get with Pipeline-i® Virtual Office…
We became a leader in the technology industry by making simple tools for real estate professionals. Our tools are unique because they’re designed by agents, for agents. That means they meet agents’ practical needs, but more importantly, they’re also simple - designed to learn in five minutes or less. Our core technology package Pipeline Virtual Office includes exactly what every agent needs to thrive in real estate.
So what are agents saying?
Agent Tom Bruno says…
“FavoriteAgent Rocks! I have been with them for a little over three years. No problems- no downtime- and they are there if you need them! I stopped doing floor duty, open houses (unless the seller wants me to) and farming to capture buyers and sellers because this program works!”
Tom Bruno
Albuquerque, NM
Agent Randy Roach says…
“Favorite Agent is the reason that I am where I am today. Without hearing about FavoriteAgent.com, I would still be using the old traditional ways of doing business that aren’t very efficient. It has enlightened me on the importance of the internet and has drastically changed the way I have been doing business over the last two years for the better. Everything is internet based and has been very good for our business. Pipeline Virtual Office is an exceptionally cost effective way to make and manage leads. We have been very happy with our results. If you’re looking to increase your business, I would definitely recommend FavoriteAgent.com.”
Randy Roach
Phoenix, AZ
Agent Jason Jarstfer says…
“As a new agent, I was broke and ready to quit real estate after 4 months due to the lack of business. Then I found the FavoriteAgent.com lead capture technology [Pipeline Virtual Office], and my business has never been the same. (I’ve used their systems for the past two years.) When I started with them, I was a rookie agent and had only sold one home. After my first full year with them, I was named the top producer in my company of 21 agents (for 2006 and again in 2007), and was ranked in the top 3% of all the agents in my MLS. All the other agents in our region are saying 2007 was the slowest year they’ve seen, but I’ve had more business than I could handle. So much that I recently hired a full time administrative assistant and started my own team. FavoriteAgent.com helped me solve the “no-business” problem! Thanks guys!”
Jason Jarstfer
Radcliff, KY
Agent Joseph Ignat says…
“I actually came across Favorite Agent while doing floor duty reading Broker Agent News, and it had an article Matt Jones wrote for the magazine telling how he was able to do 100+ listings in his first calendar year. Whoa! That got my attention. I found out he used a lead capture gateway [now called Pipeline Virtual Office] and that he was continually studying and changing it to make it work better.
So I had to at least give it a try. I found out you didn’t just join a company you joined a family. At Favorite Agent, all the way from the President to Customer Service, they actually cared about my success. They really take the time to give an agent that’s stuck some coaching advice. This is so good because you get a chance to talk with someone who’s actually done it and is talking with many agents from around the world daily, so you get ideas that others are just not doing. With Favorite Agent I’ve been able to make it through the slowing real estate market because I have the one problem every agent wished they had: TOO MANY LEADS! (Help! I can’t keep up! ;-).
Joseph Ignat, P.A.
Tampa, FL
P.S. If you want some stats, I personally give Favorite Agent credit for 22 transactions in the year and a half I’ve been with them.”
Agent Kyle Wilson says…
“Before I was introduced to the FavoriteAgent.com technology I was a struggling agent closing, on average, one deal a month. I was driving some pay per click traffic to a standard, template real estate website and closing a few deals as a result. At the time this was the best marketing system I had found because I could at least generate leads somewhat consistently. Little did I know that I was paying way too much per lead and per deal because I didn’t understand how important it was too have a lead capture system in place. As a result I was spending a lot to make a little.
When I heard about the FavoriteAgent.com lead capture technology and integrated database [Pipeline Virtual Office] I was skeptical. They told me if I replaced my current website technology with their LCM Gateway, that I would increase my capture rate from 1 customer out of 100 visitors to 25-30 out of 100! After several phone calls with the helpful staff, I took the leap of faith and purchased the system. Within two days of directing Internet traffic to my FavoriteAgent.com LCM Gateway, my lead count exploded. I was spending the same ad dollars but now I was generating 25-30 times more leads than before. After cutting my ad dollars way back so I could keep up with the leads, I decided to start building a team of agents to multiply myself.
With our team, we closed 126 transactions in 2006 and 130 in 2007, which was a “slow market” according to the so-called experts. And we did it at a fraction of the advertising dollars we would have spent using traditional marketing methods. In fact, 7 of the 10 top producers in our company of 150 agents used this system to build their successful businesses. When I started, I knew nothing about Internet marketing, lead generation, lead capture, pay per click, Google AdWords or anything before I began to research it myself. FavoriteAgent.com made it so simple with their systems, training and customer service that anyone can learn the concepts and get their Internet business up and running within a few days. Needless to say, I highly recommend this system to anyone serious about increasing their transaction volume while decreasing their current marketing budget.”
Kyle Wilson
Boise, Idaho
Agent Terry Richards says…
“Pipeline Virtual Office is the number one reason I have had success in real estate. I was able to jump feet first into a competitive market and not only write deals for customers immediately but shorten the real estate learning curve that cripples most agents. FavoriteAgent.com is for any agent who is serious about success!”
Terry Richards
Boise, Idaho
Agent Matt Jones says…
“That’s right I’m an agent, but I’m also the President and CEO of FavoriteAgent.com. We have agents all over the world using Pipeline Virtual Office to make their own leads for as little as $3 each. Our typical agent spends only about $250 in advertising and makes between 80-90 leads. Sign up today and I’ll pay your $1,000 activation fee for you. How cool is that? So go ahead and sign up today and start making your own leads tomorrow!”
Matt Jones
President/CEO
FavoriteAgent.com
Common Questions
How much does Pipeline Virtual Office cost? The complete Pipeline Virtual Office technology package costs only $550/month, with a 2-year contract. To learn more about our pricing, click here.
Why is Pipeline Virtual Office so cheap? Good question. For a slick website, a state-of-the-art lead capture, a contact manager, and personal business training, agents might expect to pay up to $1500/month.
Today an agent can get our full technology package for less than the price of your lunch each day! You’ll have to agree that any agent that’s truly serious about his or her career can make that size of an investment, especially considering you can save 50% by committing to a two-year contract.
Online marketing? What’s that?
It’s the wave of the future, but don’t worry, you don’t need to be an expert. The average online marketing campaign takes about 15 minutes to set up. It’s so easy your mom could do it. So why is it important? Because even armed with the best lead capture technology on the market, if nobody visits your website, you can’t capture them.
How much does advertising cost? The best part is online marketing is scalable to your budget. You can spend as much or as little as you want. And there are no lengthy contracts, so you can stop and start your campaign when you want. Our average agent spends only $250/month on advertising.
Posted 8 months, 1 week ago at 1:15 pm. Add a comment
Want to impress that builder? Run absorption rates for him at various price ranges using this simple calculator. Or maybe you just want to have the current absorption rate handy for your residential clients to assist them in negotiations or pricing their homes. With this calculator you won’t have to wait for the end of the year numbers. Go to calculator »
Let’s face it — we all know that much of what we spend our marketing dollars on is a complete waste of money. Using this calculator you can evaluate any advertising idea, and know instantly if it is within your budget or whether it makes sense to use in your market. Eliminate the guesswork — know without a doubt! Go to calculator »
Using this simple calculator, you can immediately calculate the market appreciation rate over a particular period of time. This is a great tool to help you in verifying your CMA or in helping a client in negotiations. Having accurate appreciation rates gives you a huge advantage over the typical agent. Go to calculator »
We all want to know exactly what it would take to make a certain amount of income at the end of the year. What if you could actually know? Well, now you can. Using this calculator, you can simply input a handful of your market variables and let this calculator give you a step-by-step road map for planning your day-to-day practice. Go to calculator »
Use this simple calculator to build the Ultimate CMA and Proceeds Estimate in only a couple of minutes. This calculator is the perfect companion to the Ultimate Listing Presentation as taught by Matt Jones in our blog archives. In less than 5 minutes you can create a scientifically accurate CMA and Proceeds Estimate that will impress any seller. Go to calculator »
Knowing the actual “days on market” for your particular area is important. Unfortunately, the number given by your MLS is typically understated because it only measures the days on market for homes that actually sold and not those which never sold. Use this calculator to compute the actual days on market for your city, a neighborhood, etc. Go to calculator »
Ever have that client that just had to know his odds of selling in a particular time frame? You’ll love this calculator then! Simply put in the accurate Days on Market and the number of days to estimate, and you will instantly know the statistical probability of selling within that time frame. Go to calculator »
Posted 8 months, 1 week ago at 8:15 am. Add a comment
Hi. My name is Matt Jones, and I’m the president and CEO of FavoriteAgent.com… but I’m also the managing broker of our local real estate firm, and I personally manage about 70 agents every day. Joining a real estate company, whether you are considering a move, or joining for your first time, is a very important decision and one that you should make carefully and deliberately. So why should you join FavoriteAgent.com (or any company for that matter)? What a great question!
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To be perfectly honest, we didn’t know the answer so we conducted a survey. And after asking nearly half a million real estate professionals, we discovered that it really comes down to just five reasons why agents choose one brokerage over another, and we believe that our company excels in all five. See what you think.
Customers
Join FavoriteAgent.com and you’ll immediately solve the number one problem facing agents today: not enough customers. Our agents have exclusive access to our lead capture technology, enabling them to produce as many customer leads as they want to work. Our typical agent only spends about $250 in advertising and yet generates about 80-90 customer leads ever month!
Tools
Today most agents spend a small fortune on tools. Not at FavoriteAgent.com. Our agents get their very own state-of-the-art LCM Web Gateway lead capture technology, their own LCM Phone Gateway lead capture technology, their own personal Agent SimpleSite website, their own integrated client management software, and Virtual Assistant application. They also get the most powerful Virtual Office real estate platform available today, complete with hundreds of training articles, videos, calculators, business planning modules and much, much more. Our technology bundle costs over $1,100 per month to license it directly, and yet our agents get it all for free!
Training
Many companies talk about training. FavoriteAgent.com actually does training. I’m a nationally syndicated author of real estate training material with well over a hundred articles and four books to my credit. More than 90,000 agents have taken my training either online or at one of our National Agent Summit training events, learning how to succeed in this new age of real estate, and I’m personally active in coaching and training our agents.
Freedom
At the end of the day, the only thing you have to sell is your time. That’s why FavoriteAgent.com doesn’t waste it with useless sales meetings, caravans, floor duty, or non-productive company meetings. Our company empowers our agents to be productive while maintaining the support, community, and structure that many agents crave.
Money
Ask most agents how much they make and they won’t have a clue. It depends on whether it’s a cross-sale or in-house sale. New or existing. January or December. Most company commission plans are a virtual shell game. The FavoriteAgent.com Agent Compensation Plan is probably the simplest and most generous you’ve ever seen. Here it is: Every single agent pays a 50% split on their first transaction with the company. That’s to offset all the administrative costs in adding a new agent to the company. But after that, all agents keep a minimum of 80%.
Now, there are two ways any agent can make 90%! First, by being a top producer. If any agent completes four or more transactions in a thirty-day period, he is paid 90%. Or make 90% by recruiting. If any agent recruits five other agents to join your company, his commission is increased to 90%. And that’s 90% commission with with no office rent, no transaction fees, no administrative fees, no nickel and dime fees, period.
Interested in learning more or arranging a discreet interview? Click here and fill out the simple online application and someone will contact you.
Posted 8 months, 2 weeks ago at 11:20 am. Add a comment
