We are confident that the most successful real estate agents will recognize the value in our approach and join our team.
San Diego, CA (Vocus) May 6, 2010
ConnectRealty.com, the leader in technology-based real estate, has introduced its unique business model and compensation plan to the Southern California real estate market. Drawing upon substantial success in other parts of California and the United States, Connect Realty has expanded its operation into San Diego County and Southern California with vigor. “What makes Connect Realty different is the level to which we reward our agents,” said Burke Smith, founder of iPayOne, Inc., former Director at Prudential California and now Vice President of Southern California for ConnectRealty.com. “By utilizing the power of the Internet and reversing historical thinking about how real estate brokerages are operated, we are able to offer our agents 80% commission, no franchise or transaction fees, plus a revenue sharing program.”
This unique approach flies in the face of what major real estate brokerages have done for years. Typical franchised operations require significant up-front investments from agents and hefty monthly dues in order to meet expenses. “Where Connect Realty is able to stake our claim is in efficiency and economy,” Smith continues. “Our business model allows us to offer more to our agents with less of an investment. With these types of unique incentives and greater compensation, we are attracting the best agents in California.” By utilizing the power and prevalence of the Internet, Connect Realty is able to eliminate the need for a brick-and-mortar facility, freeing agents to run their businesses from anywhere. Cutting edge web-based marketing and communication tools power this virtual full-service real estate company. By leveraging the cost savings of a streamlined operation, Connect Realty is able to pass its savings along to its agents in the form of higher commissions. This unique approach also eliminates franchise fees, desk fees, transaction fees and annual rollbacks. “We have simply created a compensation plan that is unequaled in the industry,” said Smith. “We are confident that the most successful real estate agents will recognize the value in our approach and join our team.”
Connect Realty spent over a year and several million dollars creating its Agent Services Package and Agent Marketing Program. “Our agent package includes Realtor.com, Homes.com, unlimited virtual tours, an advanced agent website and much more. These offerings provide our agents with a suite of technologically advanced real estate services that allow them to be truly virtual and mobile,” said David Boatner, President and CEO of ConnectRealty.com. With a low monthly fee and no start-up costs, this unique business model provides affordability and maximum value and potential to the agent. “We want real estate agents to truly experience the distinction in the Connect Realty model without the pressure or investment typically required by brokerages,” said Boatner.
ConnectRealty.com Inc. is a full-service, technology-based real estate brokerage focused on offering streamlined solutions and limiting agent overhead. By taking the traditional “Big Box” national franchise real estate model and turning it on its head, Connect Realty is able to offer agents the most lucrative compensation plan in the industry. With corporate headquarters in The Woodlands, TX, Connect Realty currently operates in 14 states, boasting over 1,000 agents and an ambitious plan to expand into other markets in 2010.
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