SlideShare a Scribd company logo
1 of 32
Download to read offline
K E L L E R W I L L I A M S R E A LT y R A N K S A S TO P P L AC E TO WO R K I N P H I L A D E L P H I A - P G . 2 2




    A PUBLIC ATION OF KELLER WILLIAMS REALTY, INC .                    SECOND QUARTER 2011, VOL.8 NO.2




                                            CROSSING
      A
  TULS R
                            OVER TO KW
     GE
  MER ES
       T
  CREA NAL
     IO
  REG HOUSE
     ER
P OW G . 6
      -P
2   outfront   Second Quar ter 2011 • vol. 8 no. 2   Keller Williams Realty
DEAR ASSOCIATES,

What a thrill it is to serve as a
stakeholder with you as Keller Williams
Realty claimed the rank of the second-
largest real estate company in the
United States, and powers toward its
certain destiny to become No. 1.

   This awesome achievement is             most about the genuine excitement            Williams Realty is now the second-
entirely yours – entirely a result of      for new beginnings was the one-on-           largest real estate company in the
your talent, your tenacity, your belief    one connections that powered the             United States and the third-largest in
in the Keller Williams distinct way of     event. In Tulsa, as in your market,          North America. If that fact is met with
doing business, your determination to      the groundwork for growth is being           surprise, explain that it comes as one to
push limits, to do more, and to become     paved every single day with your             a lot of people, because Keller Williams
more.                                      professionalism and positive energy.         Realty doesn’t believe in pouring
   There is nothing that can be written      Considering this company's amazing         millions of dollars into national
or said about Keller Williams Realty                                                    advertising campaigns that only serve
that has more power or more of an                                                       the company.
impact within your sphere than you                                                         Instead, Keller Williams devotes
do. It’s your professionalism and your
                                               "clients do                              its resources to training agents and
success that your clients and colleagues      business with                             equipping them with the knowledge
see. You are the face of KW.                                                            and skills to serve clients at a high level
   Talent follows talent and the               agents, not                              – because Keller Williams believes that
numbers prove that you are the best                                                     clients do business with agents, not the
magnet for talent that the real estate
                                             the real estate                            real estate company.
industry has ever known. And that’s             company"                                   Often, less is more, and this simple
why it thrills us that 25,293 of you had                                                script is sure to resonate with your
a stake in a $34.6 million profit share                                                 clients, because they’ll recognize it as
pool last year, and that we stand to       growth trajectory, it sometimes seems        true.
continue breaking our own records for      surprising when our clients and our
profit share in 2011 and beyond.           spheres of influence aren’t aware of
   Last month, a group of us had the       our vast North American reach. It’s
awesome privilege of participating in      surprising, but it’s actually okay,
a merger celebration as more than 50       because it’s not about us, it’s about you.   Yours in the truth!
agents with the renowned Patterson         At the same time, you have an awesome
Realtors in Tulsa, Okla., joined forces    opportunity to let your clients know a
with our Tulsa Metro market center         little about the company you keep.
– catapulting Keller Williams Realty          During client consultations, and
to the No. 1 spot in the market. (See      even social situations, we hope it serves    Mark Willis, CEO,
article on page 6.) What impressed us      you well to let it be known that Keller      Keller Williams Realty


        Keller Williams Realty                   Second Quar ter 2011 • vol. 8 no. 2                                  outfront        3
table of contents                                                                                       vol. 8, no. 2 - Second Quarter 2011




MASTERMINDS
                                                          06             CULTURAL
                                                                         CONVERGENCE                                        08             BOLD
                                                                                                                                           MOMENTUM
                                                                                                                            Rookie hops the BOLD
       MAY 16-18, 2011                                     Meeting of the like-
                                                           minded in Tulsa creates                                          train to the top.
                                                           competitive powerhouse.
  There are some
events that are only
  for high rollers.

   MAPS Masterminds is


                                                          12                                                                16
 more than a networking
                                                                         MAKING A                                                          SHARPENING
 session or a seminar. It’s
                                                                         MARK                                                              THE SAW
  an opportunity for the
most successful real estate                                Personal branding                                                The word on eEdge:
  professionals in North
                                                           proves key in the luxury                                         “WOW!”
 America and those who
want to learn from them                                    market.
 to share and brainstorm
  leading-edge strategies
   that produce results.




      COSMOPOLITAN
       OF LAS VEGAS
                                                         20            TOPS IN
                                                                       TORONTO
                                                           Powering a career for
                                                                                                                            22             INSIDE
                                                                                                                                           SCOOP
                                                                                                                             Attention Philadelphia
      LAS VEGAS, NEV.
                                                           the long haul.                                                    agents: KW is THE
      MAY 16-18, 2011
                                                                                                                             place to be!
   www.events.
 mapscoaching.com




        Second Quarter 2011, vol. 8 no. 2   Executive Director of Marketing and Communications: Ellen Marks       OutFront is published by Keller Williams Realty, Inc.
        OutFront is a publication of        Editor: Lisa Wahlgren (outfront@kw.com)                               The entire document of OutFront is copyright© 2011
        Keller Williams Realty, Inc.                                                                              by Keller Williams Realty, Inc. No portion may be
                                            Marketing and Communications Specialist: Laura Price
                                                                                                                  reproduced in whole or in part by any means, including
                                            Copy Editor: Jeff Ryder                                               electronic retrieval systems, without the express written
        1221 South Mopac Expressway,
                                            Associate Art Director: Michael Balistreri                            permission of the publisher. Editorial or advertising does
        Suite 400
                                            Designer: Caitlin McIntosh                                            not constitute advice but is considered informative.
        Austin, Texas 78746
        (512) 327-3070 phone                Contributors: Celesta Brown | Jennifer LeClaire | Carla Jo Schaefer
                                                                                                                  Copyright© 2011 Keller Williams Realty, Inc.
        (512) 328-1433 fax                  Advertising: Tom Freireich (advertising@kw.com)                       All rights reserved.
                                            Job Inquiries: (jobs@kw.com)


  4        outfront                                              Second Quar ter 2011 • vol. 8 no. 2                                Keller Williams Realty
SHORT SALE
                                                                                                                                                                                         M A S T E R Y
                                                                                                                               Build your business with short sale buyers and sellers!
                                                                                                       Photos by Steve Ruark
Mastering short sales: A long-term opportunity                                                                                 Sponsored by:


 By Roger Higle, Course Writer, Keller Williams University

Considering the stake that our industry has         panelists.
in the recovery of the U.S. real estate market,        Among the most useful aspects of the
we need to be more than simply committed            curriculum for many is a recognition that
to promoting short sales as an alternative to       taking on the entire, end-to-end short sale                                New opportunities
foreclosures. For many top Keller Williams          process can appear daunting – especially at                                for short sale business
short sale agents, it has become a mission.         the beginning. As such, we’ve identified several
And judging from the recent response to             different directions that agents can take that                             As the sponsor for the Short
Keller Williams Realty's, 31-city Short Sale        entail distinct expertise and skills. Within
                                                                                                                               Sale Mastery tour, CitiMortgage
Mastery tour, many of you are interested in         market centers and regions, new business
becoming a part of it.                              partnership are now forming, as agents who                                 representatives are providing tour
   Short sales represent the dominant               excel at identifying and qualifying leads, for                             attendees with the invaluable
segment of the distressed properties market,        instance, focus on that piece and then hand
as well as the most significant growth niche        off the administration and negotiation to                                  lender's perspective on how to
within most U.S. markets. While many agents         partners who specialize in that part of the                                best navigate and negotiate short
have already established a lucrative practice       process.
within the short sale arena, all experts               Regardless of your current level of                                     sales. Attendance at the Short Sale
agree: there is more than enough room for           involvement with short sales, this tour offers                             Mastery course will be one of the
newcomers who have the knowledge and a              valuable insights and information. If you have
                                                                                                                               ways that Keller Williams associates
commitment to making a difference.                  not already attended a tour event, be sure to
   To that end, the one-day Short Sale              put one of the remaining tour dates on your                                can qualify for this opportunity.
Mastery tour is having a phenomenal impact          calendar. Short sales are a business that will
due to the instructors' depth of in-the-            be with us for years to come.                                              ©2011 CitiMortgage, Inc. CitiMortgage, Inc.
trenches expertise, combined with the                                                                                          does business as Citicorp Mortgage in NM.
                                                                                                                               CitiMortgage, Inc. is an equal housing lender.
invaluable insights offered by local market                                                                                    Citi, Arc Design, Citi and Arc Design are
                                                                                                                               registered service marks of Citigroup Inc.
For the complete list of tour stops and to register, visit:
(www.millionairesystems.com/ShortSaleMastery) or call 512.306.6236.
        Keller Williams Realty                       Second Quar ter 2011 • vol. 8 no. 2                                                                                                           outfront   5
THE MOMENTUM CONTINUES!




         CROSSING OVER TO KW
          Tulsa Metro welcomes 52 agents from Patterson Realtors into the KW fold
          By Lisa Wahlgren



    In the Tulsa, Okla., real estate community, Chuck Patterson           level, but I realize that to thrive in the future, knowledge of
    is more than an icon. He’s an institution – and a beloved             the local market is not going to be enough. From a technology
    institution at that.                                                  and educational standpoint, it was getting more and more
       Recently, after 34 years at the helm of Patterson Realtors,        challenging for a small independent to compete. The scope
    the renowned thought leader realized that it was time to “re-         has increased from local to national to international. We don’t
    engage, retool and reinvent” his company in order to keep his         have a Keller Williams University, or the kind of technology
    agents on the cutting edge of an evolving real estate market.         that Keller Williams offers. I figured there’s a reason why
    What followed was a lot of discussions and due diligence and          Keller Williams has grown over the past five years and other
    a final decision to join forces with Susan Beach, team leader,        companies haven’t.”
    and Sherry Lewis, operating principal, at the Keller Williams           Clearly, however, it was culture that proved to be the most
    Tulsa Metro Market Center.                                            important factor. “Our companies’ basic beliefs are so similar,”
       Among his company’s 52 agents, Patterson recalls that the          Patterson says. Finding the clearly stated values of “God, family
    decision was met with nothing short of shock and uncertainty.         and then business” to be a significant draw, Patterson says
    Ultimately, open minds and open hearts prevailed as the               he loves the fact that “agents were encouraged to direct their
    official welcoming ceremony on March 31, 2011, was                    beliefs toward the support of the community and the people
    attended by representatives from all of Keller Williams market        they worked with. Once I learned what Keller Williams was all
    centers in Tulsa and surrounding communities, proved to               about, I said, ‘My God, you’re like one big us.”
    be a genuine exchange of warmth and excitement for new
    friendships and new beginnings.
                                                                          GOOD VIBES
       Recalling the thought processes that led him to Keller
                                                                          Having hoped to connect with the leadership team of
    Williams, Patterson says, “I’ve survived a lot of ups and downs
                                                                          Patterson Realtors for a few years, Beach says that once she
    in the market, and I knew we were in for more changes. Our
                                                                          and Chuck started to get to know each other, their “similar,
    agents are very experienced and very productive at the local
                                                                          like-minded value systems” propelled the conversations
6       outfront                                     Second Quar ter 2011 • vol. 8 no. 2                       Keller Williams Realty
"Now that I see all of the training and
                                              technology that Keller Williams offers, I
                                         realize that I have just scratched the surface."
                                                                                                        — Royce Ellington




forward. “Both of us have an amazing group of people, and we          that Keller Williams Realty encourages agents to keep their
have a high regard for each other. Chuck’s respect and concern        autonomy and manage their own teams.
for his agents is just awe inspiring.” In return, agents have            As Royce Ellington, top-producing agent from the
been intensely loyal to him, Beach says, adding that for a few        former Patterson Realtors, notes, any apprehension among
weeks prior to the merger date, she made a point to meet one-         incoming agents gave way to excitement following the merger
on-one with incoming agents as the first step toward getting          celebration and official welcoming ceremony. “Walking across
to know each other personally and forming new bonds.                  the stage during the ceremony and being welcomed by the
  Just as one of many indications of the depth of feeling             leadership team, including Mark Willis, and then being high-
among both companies, Lewis, who is also director of the              fived by a big group of Keller Williams agents as we exited
Oklahoma Region, notes that on the day prior to the official          the stage really helped to make us feel welcome. Another neat
merger, agents and the leadership team from Patterson                 touch was the willingness on the part of the Keller Williams
Realtors had their final team meeting and then walked out of          agents to replace yard signs on our behalf. All it took was one
their offices holding yellow balloons, which is their company         week for everyone to feel extremely comfortable here. That
color. As they released them into the air, Keller Williams Tulsa      really speaks volumes for Susan and Sherry. The KW culture is
Metro associates in the office across the street, applauded and       really shining through," Ellington says.
cheered.                                                                 “I’ve been the top producer for Patterson Realtors for the
                                                                      past five years, and I thought I had a handle on my real estate
STRONG FOUNDATION                                                     business,” he adds. “Now that I see all of the training and
Underlying the culture and the human connections, the Keller          technology that Keller Williams offers, I realize that I have
Williams business models played a major role in making                just scratched the surface. I was hoping to just move my
the merger possible. Beach explains that the concerns that            business over, and now I realize that I’m going to improve my
Patterson and former president Mike Haley may have had                business by leaps and bounds.” kw
about losing their autonomy were largely allayed by the fact
     Keller Williams Realty                     Second Quar ter 2011 • vol. 8 no. 2                                   outfront      7
BOLD AND
               BOLDER
         Rookie gets recipe for success trajectory
                         By Jennifer LeClaire




          “I didn’t think I could afford to invest in myself. It was a big risk. But I knew I was


               When Terronald Logan signed on with the Austin Southwest market center as a brand-new agent in
               November 2009, right after getting his real estate license, he didn’t have a lot of confidence and was
               reluctant to pick up the phone.
                 So early into 2010, he made a bold investment in himself that not only turned his career around – it
               changed his life.
                 Logan credits the MAPS BOLD program with catapulting his fledgling career to a level that he
               could not have imagined. During his first stint in the program, he acquired, among other things, a new
               mindset, and a $1 million buyer. “That was one of my very first transactions.”
                 Convinced that he still had a lot to master, Logan signed up for BOLD again in the fall, along with
               “The Language of Sales” Fast Track group coaching course. Logan describes the experience of taking
               both classes at the same time as “living in a real estate boot camp.” And it paid off quickly.
                 “I had a client whose house I listed, but it didn’t sell. Because of The Language of Sales, I knew
               exactly what to say to convince him to relist the property with me at a price where it would sell,”
               Logan says. “That led to a $700,000 sale.”




8   outfront                                     Second Quar ter 2011 • vol. 8 no. 2                 Keller Williams Realty
Photo by Brian Fitzsimmons
worth it. I had to trust in myself" - Terronald Logan


          In 2010, Logan capped in four months, and decided to keep investing in himself. He
       joined Luxury Homes by Keller Williams in order to benefit from market-specific resources to
       cultivate high-end clients. He also signed on for “Find the Motivated for Immediate Sales” –
       another MAPS Fast Track course that that he credits with helping him target his prospecting
       strategies.
           What’s next? Logan says he’s excited about taking BOLD for a third time this fall and then
       enrolling in Mastery Coaching. He expects to end 2011 with $8 million in production, and
       then to kick off 2012 by capping in one week.
           “I didn’t think I could afford to invest in myself. It was a big risk. But I knew I was worth it.
       I had to trust in myself,” Logan says.
          “The coaching and education I am getting through BOLD, the Fast Track courses, Family
       Reunion and the Keller Williams culture has been life-changing for me. This is exactly what I
       needed to flourish, and I feel like I am making a difference.” kw




    Keller Williams Realty                     Second Quar ter 2011 • vol. 8 no. 2                             outfront   9
VIRAL MARKETING
                                                                                                AFFICIONADO
                                                                                shares strategies at Masterminds


                                                                                          By Jennifer LeClaire

     Viral marketing. It’s a buzzword that gets thrown around a                discovered that a series of videos can accomplish the same goal
     lot – and a concept that was addressed at Masterminds in Las              as face-to-face presentations, while allowing him to be more
     Vegas.                                                                    productive.
        At its core, viral marketing is using social networks to drive            “If a seller’s listing is about to expire, we have eight videos
     brand awareness. More and more agents are using YouTube to                that go out over 18 days to get them to re-list with us. I
     charm new and prospective real estate clients and expand their            position myself as the expert in Ocean City, and people come
     sphere of influence via online sources. Among the industry                to me for expertise.”
     members who are adept at the use of social media to establish                The videos are sent to different segments of his database
     their expertise: Prudential agent Jeff Quintin, who recently              eight to 10 times a month. Analytics software tracks
     addressed Masterminds attendees.                                          viewership, and YouTube metrics even indicate the point
        “I launched an educational series called ‘20 Things You                at which people stop viewing. He credits his educational
      Jeff Quintin
     Absolutely Must Know to Avoid Foreclosure,’ and created 20                emphasis (as opposed to a sales pitch) to a consistently high
     videos and an introduction,” Quintin says. “People have to                level of viewership and a lot of “shares.”
     opt in with their email address to get links to all 20 videos                A clear indicator of the strategy’s effectiveness: Quintin sells
     emailed to them. This builds my database.”                                a lot of homes. In 2010, his team closed a total of 164 homes.
        Every time Quintin starts a new video series, he sends the             This year, he expects to close 200. Although he can’t connect
     introductory video to his database. He also posts videos on his           all the sales to viral marketing, his gut tells him it’s paying
     blog and his YouTube Channel. The real magic happens when                 dividends.
     people forward the email to their friends, post the video on                 “The biggest challenge is taking the time to create the
     their Facebook page, or send a link through Twitter. Quintin              videos,” says Quintin, “Sometimes it’s frustrating because you
     has watched videos go from a couple hundred views to a few                make mistakes and have to do retakes. You have to get skillful.
     thousand.                                                                 That takes time. But being the one who gives people the
        Quintin works in the resort market of Ocean City, N.J.,                education they are looking for makes me the market expert
     where there are a lot of absentee owners, but he says the                 and the one who clients are going to buy from and tell their
     strategy works in any market. He uses the videos as a way                 friends about.”
     to save time making listing presentations in person, and has              kw



                    Ever wished you were on of those confident people
                    who also had just the right thing to say? Learn how!
                    BOLD Scripts Workshop                                                       Power Prospecting Workshop
                    Learn how to set one appointment per                                        Live coaching with a MAPS Coach as
                    day, and close 75 percent or more of                                        you are prospecting for new leads.
                    your appointments and walk away with a                                        •	Use	scripts	more	effectively
                    signed contract – all in a supportive, fun                                    •	Increase	your	closing	ratio
                    and exciting environment.                                                     •	Reduce	your	fear	of	rejection
                                                                                                  •	Set	more	appointments
                                                                                                  •	Generate	more	leads	and	sales

     To arrange for a MAPS coach to lead a workshop in your market center, contact MAPS@kw.com or call 800-822-9360 and ask for BOLD.

10       outfront                                         Second Quar ter 2011 • vol. 8 no. 2                        Keller Williams Realty
give where you live!
  RED Day (Renew, Energize, and Donate) is a service initiative dedicated to celebrating
  Keller Williams Realty's year-round commitment to improving our local communities.

Last year, RED Day participants gave more than 150,000 collective service hours in just one
 day! This year, on May 12, 2011, the giving promised to be even greater, as more associates
    embraced the Keller Williams culture of giving and touching the lives of community
  members. Here are just a few ways that Keller Williams associates celebrated RED Day.

                                                                  The Easton (Mass.) market center met with the
     The Anchorage market center stepped up as                  recipients of their "Day of Service" and made plans to
  the sole sponsor for a Habitat for Humanity                   include 100 percent of their market center in RED Day.
  house raising $100,000 and contributing more                  "We chose a Family Life Center which houses 13 to
  than 2,500 hours in volunteer time. “Our bro-                 14 families on an interim basis, while helping them with
  ker, Butch Jacques was inspired to spearhead                  child care, mental health issues, support and just being
  this effort and went so far as to say that if we              there for them," says Mary Nardone, RED Day repre-
  fall short, he and his wife would personally                  sentative. "They have at least five locations in the city of
  guarantee the rest,” says Jennifer Toomer, team               Brockton where they care for families in need.
  leader. “Our people step up to the plate every                  On RED Day they painted a children's reading room,
  time. I am blessed to have that kind of leader-               repaired water damage, and cleared an area for a garden
  ship in our market center and on our staff!                   and a basketball court.
  Butch has truly been a leader in this year's RED
  Day undertaking!”
     “We want to thank Mo Anderson for true
  leadership that pushes us to strive harder,
  reach farther and push ourselves in changing                                          The Nashville-Murfreesboro market center
  the lives of our agents and our communities,”                                       spent RED Day at Greenhouse Ministries, paint-
  adds Toomer.                                                                        ing, building a fence, sorting donated clothes,
                                                                                      remodeling a break room and building a loft
                                                                                      above their storage area. “We were so excited
                                                                                      to share our culture and to give back to our
                                                                                      community,” says associate, Dee Lewis.




                                                                                             http://www.kw.com/kw/redday.html



         Keller Williams Realty                 Second Quar ter 2011 • vol. 8 no. 2                                    outfront    11
PIECING
     TOGETHER
      Winning strategies in
      a complex market



           By Jennifer LeClaire



     As a child, Brandy Coffey loved to work puzzles. She’d spend           Having gotten her start in real estate back in 2004, right as the
     hours sorting and matching the pieces until the picture                market started to shift, Coffey’s career took a definite upswing
     emerged. Then she’d do it again.                                       last year when she stepped away from her own boutique
        So it was very fitting when years later she earned a B.A.           brokerage and joined forces with the Greater Manatee market
     degree in psychology at the University of South Florida.               center and Luxury Homes by Keller Williams. “I’ve already
     She has a passion for helping people to put all of the pieces          received seven referrals from the Luxury Homes division and
     together.                                                              my revenues have been increasing steadily over these few
        After college, Coffey wanted to move back to Sarasota, a            months,” she offers. “I can’t imagine where I would be now
     city named by several top publications as a “best place to live        if I had joined Keller Williams Realty when I started in this
     and work.” Being close to family also mattered a lot, especially       business seven years ago.”
     since her mother was facing radiation treatments and surgery.             With designations that include Resort and Second Home
     While working a part-time job, Coffey studied for the real             Specialist and Certified Luxury Home Marketing Specialist,
     estate exam, and it wasn’t long before she realized that the           Coffey notes that the superior marketing collateral and
     fundamentals of real estate mirrored the fundamentals of               support she receives as a member of Luxury Homes by Keller
     psychology.                                                            Williams is proving to be the clincher in helping her get a foot
         “I just relish the opportunity to put someone in the right         in the door and seal the deal with high-end homeowners.
     home,” Coffey says. “It’s like working a puzzle – matching a              She’s found out that, the more she digs in to all that Keller
     client to a lifestyle, which is what a home purchase is.”              Williams Realty has to offer, the more her career moves forward.
        Lately, the homes she has been matching clients to are on              As a recent devotee of The Millionaire Real Estate Agent, she’s
     the higher end.                                                        now managing to pull all of the pieces together, implementing


12      outfront                                      Second Quar ter 2011 • vol. 8 no. 2                       Keller Williams Realty
PRICEL ESS PUBL IC I TY
                                                                 For an agent of Coffey’s caliber, a brief stint in the
                                                                 limelight can catapult a career to an entirely new level.
                                                                    Recently, her solid reputation brought her to the
                                                                 attention of the producers of HGTV’s hit show, “Bang
                                                                 for Your Buck.” The show features three homeowners
                                                                 in the same city who renovate the same room in each
                                                                 of their homes using the same amount of money. Two
                                                                 experts, a designer and a real estate agent discuss and
                                                                 compare each homeowner’s renovations in detail to
                                                                 determine who got the biggest “bang for their buck.”
                                                                 The designer focuses on trends and styles, while the
                                                                 local agent talks about how the remodel increased the
                                                                 value of the home. Ultimately, the experts determine
                                                                 if the homeowners will be able to recoup their money
                                                                 when they sell the home.
                                                                    Coffey was selected as the agent for an episode of
                                                                 kitchen renovations filmed in Sarasota, and once the
                                                                 producers realized what a natural she was in front of
                                                                 the camera, she was invited back to do a second show.
                                                                 Both Jeff Peldon air on HGTV this summer.
                                                                        shows will




the principles and step-by-step techniques
advocated with in the text. A newly hired
assistant is providing much-needed leverage                      Brandy Coffey (right) during the filming of HGTV's "Bang for Your Buck."
– freeing her from administrative tasks and
allowing her to spend more time serving her
clients.
   And then there’s the technology                               Next issue: Highlights from
component. “Keller Williams is just so
far ahead of the game,” she says, adding
that eEdge offers a newfound potential to
                                                                 The 4th Annual
efficiently manage leads and contacts.
   A new force to be reckoned with in
                                                                 Keller Williams Luxury
central Florida’s Gulf Coast, Coffey offers
a distinctive blend of confidence, creativity
                                                                 Homes Retreat
and hard work that resonates with high-end
clients. “You have to be creative in matching
a client to a lifestyle and in how you will                      The Cosmopolitan
market and sell their property. I love what I                    of Las Vegas
do so much. I work hard, but it never feels
like work.” kw                                                   May 14 - 16, 2011

        Keller Williams Realty                  Second Quar ter 2011 • vol. 8 no. 2                                             outfront    13
Pricing Perspectives
                                                      Your job:

                                                      make sure your clients get it!


                                                      By Gary Keller, co-founder and chairman, Keller Williams Realty




     Much of what drives our success as real estate agents comes             The chart below is an updated version of a slide that we
     down to perspective.                                                 showed during the Vision Speech three months ago, and it
        The all-important task of lead generation (three hours a          illustrates the impact of interest rates on affordability. U.S.
     day, every day) is fueled by our ability to add value to the         agents: if you have not already done so, make sure you get a
     conversation and the relationship. Refrigerator magnets,             copy of this chart in front of your clients.*
     pens, calendars and any other ways you can think of to                  As you can see, the cost of a loaf of bread and a gallon of
     keep your name in front of your clients are all fine, but if         gas has more than tripled since 1989, and car prices have
     you are looking to genuinely distinguish yourself and drive          nearly doubled. While the median price of a new home has
     your business, you need to focus on sharing expertise and            increased by 70 percent, that’s not the most relevant statistic.
     perspective. That’s what our clients need and want from us.          Mortgage interest rates, which stood at 10 percent back in
        During the Vision Speech at Family Reunion in February,           1989, averaged 4.84 percent during the second week of April
     I focused a lot on affordability, which in the United States         2011. The impact of rock-bottom interest rates is that the
     right now is nothing short of amazing. Among those sharing           monthly mortgage payment on a median-priced home has
     the stage with me was John Furber, our regional director for         hardly changed in more than a decade.
     Canada, who discussed factors affecting the Canadian housing            Unless a buyer is paying cash, the monthly payment tends
     market.                                                              to be far more relevant than the home’s actual purchase price.
        While current price trends for the United States and              So for buyers who are waiting for home prices to hit the floor,
     Canada are considerably different, the same principle applies        it’s important to point out that the possibility of a slight drop
     in both cases: clients need perspective and they need to look        in the price of a home will have very little impact on the
     beneath surface statistics before making informed decisions.         monthly payment, while even a slight rise in interest rates (a
     Clients in both countries would be well-served if we helped          far more likely scenario) will have a significant impact.
     them to shift their focus away from the actual purchase price           Timing the market to a T is never possible, and in the
     of the home and toward the big-picture impact of interest
     rates.                                                                 HOME PRICE VS. PAYMENT - UNITED STATES
     U.S. BUYER BONANZA                                                                         1989           2010           2011 YTD
     Let’s start with the United States, where homes are more                          Bread    $0.67          $2.49            $2.49
     affordable, relative to the median income, than they’ve                         Gas/gal.   $0.97          $2.73            $3.87
     been in a generation. For any number of reasons, buyers are                                $15,350        $28,400          $28,400
                                                                               New Car
     not snatching up properties to the extent that we’d expect           Median Existing
                                                                            Home Price          $94,000        $173,000         $156,100
     them to, but chances are, if they had a better grasp on just
     how remarkable the current price picture is, their sense of          Mortgage Rate         10%            4.69%            4.91%
     urgency would move up several notches.                             Monthly Payment         $825           $896             $829
                                                                      Source: KW Research




14       outfront                                    Second Quar ter 2011 • vol. 8 no. 2                       Keller Williams Realty
current market, staying on the sidelines is more likely to           looking at local price trends within their specific price
  result in a missed opportunity than a small savings.                 range.
     Those are the facts, but buyer reluctance in the current            At the same time, remind your clients that the monthly
  market can outweigh compelling facts. U.S. buyers are                mortgage payment, not the actual purchase price, tends to
  skittish about the housing market, and our job is to explain         be the relevant number. Whereas the average home price
  to them that market skittishness is actually a good reason to        has increased by 160 percent since 1990, mortgage interest
  buy now – because it is.                                             rates have decreased by 60 percent.
     General uncertainty about the housing market and a                  As a result, over the past decade, the average mortgage
  reluctance to take action only contributes to the number             payment has increased by less than 25 percent – a statistic
  of deals and negotiating power available to astute buyers.           that is likely to shift the perspectives of many Canadians on
  U.S. buyers who are waiting for the real estate market to            the feasibility of buying a home in the current market.
  “recover” are in fact waiting for a reduction in inventory,
  fewer foreclosed properties on banks’ books, rising home

                                                                        ONWARD …
  prices and sellers who don’t need to be as motivated.
     That scenario will be welcome news for sellers, banks
  and the U.S. economy as a whole, but not for buyers. Now
  is the time for U.S. buyers to act and for you to offer the
  perspective that helps them to understand why.

  CANADIAN CONSIDERATIONS
  As I mentioned earlier, average home prices in Canada are
  trending upwards but as is always the case, those of us who
  are willing to dig beneath surface statistics are far better
  positioned to help our clients to understand the big picture              *For copies of the PowerPoint
  and to take action. Before we look at housing affordability               presentation from this year's
  in Canada, though, I’d urge all Canadian associates to make               Vision Speech, go to (www.
  sure that your clients also understand the opportunities                  agentmountain.com).
  that rock-bottom U.S. interest rates and real estate prices
  – particularly in the sunshine states – represent to them
  as well. In doing so, you stand to power a new stream of
  referral income.
     As the chart below indicates, the average home price in
  Canada has increased by 160 percent since 1990, while
  shooting up 9.5 percent since last year. For some buyers,
  this trend might contribute to a sense of urgency to buy
  before housing prices shoot up any further.
     Others could take one look at current prices and be
  convinced that they have been priced out of the market.
  This is where your perspective proves critical. First, remind
  your buyers that all real estate is local. The recent run-up in
  average real estate prices reflects above-normal sales activity
  in the priciest markets, so make sure that your clients are


             HOME PRICE VS. PAYMENT - CANADA
                               1989       2010        2011 YTD
                 Bread         $0.67      $2.22         $2.66
                      Milk     $0.59      $2.25         $2.32
             Gas/liter         $0.49      $1.01         $1.33
   Avg. Home Price             $141,985   $339,030      $371,286
     Mortgage Rate             13.35%     5.61%         5.34%
  Monthly Payment              $1,554     $1,831        $1,941
Source: KW Research




              Keller Williams Realty                   Second Quar ter 2011 • vol. 8 no. 2                                  outfront   15
POWERING NEW POSSIBILITIES
                              Associates weigh in on eEdge

     SAVING TIME AND SELLING MORE                                     terminology lacks the high-tech edge that characterizes
     As Darne Ridgley, associate with the Chattanooga                                     what the system is all about, it very
     Downtown market center, sees it, what he learned in                                  much describes the comprehensive,
     BOLD applies directly to eEdge: “Success is simple, just                             contract-to-close advantage of eEdge.
     not easy.                                                                              “Every agent within Keller Williams
        “I’m responsible for eEdge training in my market                                  now has some place to start,”
     center and we are one of the most positive market centers                            Armstrong emphasizes, adding that
                          in the region about the potential for                           the system can be “as simple or as
                          this new capability.”                                           sophisticated as you need it to be.”
                             As far as the myTransactions                                 As far as the cost: “$15 is nothing
                          portion: “Oh my gosh! I worked                                  for putting a forms and electronic-
                          three deals this week and I have not                            signature capability in place. On top
                          had to leave my office once to get          of that, we have access to an optimized Website that’s
                          a signature. Earlier this week, I sat       bringing in leads, as well as a framework for managing
                          down with probably the least tech-          and marketing to our contacts. eEdge is going to
                          savvy agent in our market center,           continue growing with the input of agents,” Armstrong
                          and we worked through how to send           says.
                          an attachment via myTransactions.             “Technology is changing at the speed of light, so this
     She got it, and it saved her a 45-minute trip. We’re very        thing is never going to be static.”
     happy with the whole DotLoop portion and clients love
     it because it makes us appear to be on the leading edge."        SIMPLIFYING AND STREAMLINING
        "myTransactions is the income-maintaining part of             For Shari Gross, associate with the Destin (Fla.) market
     eEdge. What’s really going to make a difference to our           center, the most powerful aspect of eEdge is the ability to
     business is the income-generating portion. I’m loving            get clients and her sphere set up on marketing campaigns
     the lead capture capabilities. My buyer’s rep has put two                            that run automatically. “The first
     deals under contract since we got on eEdge."                                         thing I did was get my past clients set
        Ridgley has figured out how to funnel buyer leads                                 up on a 33-Touch campaign, and then
     into his eEdge account via Craigslist – a strategy that’s                            I edited the content to send another
     resulting in two to four leads every day.                                            version out to affiliates and other
                                                                                          members of my sphere. I love that
     FUSING FUNCTIONS INTO ONE SYSTEM                                                     people can search the MLS from my
     As a member of the Keller Williams Associate Technology                              site, and that all my leads are being
     Council (ATC), Ron Armstrong, associate with the                                     funneled into one place. It’s also great
     Asheville (N.C.) market center, participated in the ATC                              that my assistant likes it, because that
     masterminds event that gave birth to eEdge.                                          means she’s going to use it!”
       “We originally conceived of eEdge as ‘Your Business
     in a Box,’” Armstrong points out. And even though that




16   outfront                                   Second Quar ter 2011 • vol. 8 no. 2                       Keller Williams Realty
Dear Team,

There are many ways every year that we

gauge the success of Family Reunion.

In 2011, we added two new ones:

•	 The	realization	that	the	combined	                 that has certainly been the case during              for technology that no one else in the
   attendance at the national                         this transition phase. To those of you               industry has. When completely rolled
   conventions of our major                           who have dug in, downloaded eEdge                    out, the technology will likely save you as
   competitors was less than the                      101, attended classes, taught classes or             much money in gas as you spend on this
   attendance at our one event                        even stepped up as your market center’s              product.
•	 Repeated	citations	by	the	fire	marshal	            eEdge ambassadors, thank you for                        I’m really proud of this company
   for exceeding the capacity of a room               your leadership, your energy and your                for having the courage to tackle this
   during a breakout session!                         example.                                             initiative. And I’m really proud of all
                                                        A technological undertaking of this                of you who have looked for, found and
Flaunting fire safety was hardly our                  magnitude requires patience – as well                embraced the benefits of something
intention, and when we realized                       as perspective. As he’s done so many                 incredible and new for your business.”
that interest in the eEdge breakouts                  times before, Shaun Rawls has risen
exceeded our expectations, we quickly                 to the occasion with his characteristic              Thank	you,	Shaun!	We	couldn’t	agree	
scheduled duplicate sessions. Our                     clarity and perspective. Here’s an                   more! Yours in embracing the benefits
experience following the launch of                    excerpt of what Shaun wrote a few                    of something incredible and new for
eEdge made one point clear: we have                   weeks ago to members of the Rawls                    your business!
entered into an exciting new chapter                  Group in Atlanta, Ga.:
for Keller Williams Realty and for the
entire real estate industry.                          “The launch of eEdge and the promise of
   What an enormous leap forward into                 what eEdge is certain to become is a gift
the future you have challenged us with,               of pioneering proportions. For $.50 a
and what an extraordinary opportunity                 day, you and I will have a complete set              Mary Tennant
it’s been for all of us. With any new                 of technology tools never before seen in             President and COO
challenge, new leaders emerge, and                    the real estate industry – $15 per month             Keller Williams Realty




                                      FROM      CARy SyLvESTER, ExECUTIVE DIRECTOR OF TECHNOLOGY
  Did you know that within eEdge, you can easily set up distinct                  You’ll be directed to the “Contacts” page where you’ll need to click
  marketing campaigns for select groups within your data base?                 on the “Import/Export” link in the far right corner. From there, you’ll be
     Suppose you want to specifically target your high school alumni – or      guided through an easy, three-step import process, and can manually add
  members of the Chamber of Commerce, or the Junior League, or your            additional contacts to this group moving forward.
  LinkedIn contacts – here’s all you need to do:                                  To stay on top of all great ideas for optimizing eEdge in your business,
     From the eEdge dashboard, click on “myContacts/Add a New                  go to http://mykw.kw.com/eedge and click on “Live Training” to sign up
  Contact.” Click on “Manage Group” in the top right, enter the name of        for upcoming Webinars and to access archived training – on topics such
  the group and click SAVE.                                                    as how to set up groups!




         Keller Williams Realty                              Second Quar ter 2011 • vol. 8 no. 2                                               outfront      17
COMMERCIAL KINGPIN
        S T R I K E S
                                   REFERRAL GOLD
        Synergistic alliances boost sales

                                                                                                                            David
        By Jennifer LeClaire



     A year ago, David Neault was skeptical about KW                    and industrial projects, Neault saw the potential in KW
     Commercial. A successful commercial broker at Coldwell             Commercial, and is now actively involved in growing the
     Banker Commercial, Neault wasn’t interested in switching           division.
     allegiances – but he didn’t mind receiving referrals that            In Neault’s experience, the larger, entrenched firms tend
     agents at the Rancho Cucamonga market center in                    to shower recruits with the promise of lots of referrals
     California’s Inland Empire Region sent his way.                    that don’t pan out. “The truth is,” he says, “only a small
        “I thought I might get one or two referrals from the            percentage of top agents at large firms are getting significant
     residential agents,” says Neault, who launched his career in       referrals." With the KW Commercial model’s cap and the
     1986. “But the referrals started coming in steadily, and I         team-oriented culture, he explains, referrals from residential
     was surprised at the enthusiasm of Keller Williams agents. I       agents tend to flow naturally.
     started to think more and more about taking Dave Skolnick,           “Commercial agents are trained in a hypercompetitive,
     associate with the Rancho Cucamonga (Calif.) market                dog-eat-dog scenario that wears you down over time,”
     center, up on his suggestion to launch a division of KW            Neault says. “KW Commercial has a different culture – one
     Commercial in the Rancho Cucamonga office.”                        that’s focused on helping less experienced agents to grow
        Further discussions led to an offer to launch a regional        in their careers, while boosting the referral base of more
     KW Commercial office that would serve a wider base of              experienced agents."
     residential market centers. In July 2010, Neault officially          Neault is a prime example. He recently received a referral
     signed on as the KW Commercial director at the Norco-              from a Keller Williams residential agent at the Rancho
     Ontario market center.                                             Cucamonga market center. The client wanted to purchase
        “I was at a crossroads in my career,” Neault explains. “I       a motel in the region. The $3.85 million deal that Neault
     took a look at where my leads were coming from, and KW             closed resulted in a $17,000 referral fee.
     Commercial’s business model was a good fit for me.” With              “That deal was larger than any referred to me during
     a career that spans sales and acquisitions of commercial real      my nine years with Coldwell Banker Commercial,” Neault
     estate and land, as well as leasing and development of office      says, and he credits regional and market center leadership



18       outfront                                   Second Quar ter 2011 • vol. 8 no. 2                     Keller Williams Realty
The truth is only a

                                                                                                       small percentage of

                                                                                                       top agents at large

                                                                                                       firms are getting

                                                                                                       significant referrals.

                                                                                                       But with the KW

                                                                                                       Commercial model’s cap

                                                                                                       and the team-oriented

                                                                                                       culture, referrals from




                                                                                Photos by Ron Murray
                                                                                                       residential agents tend

                                                                                                       to flow naturally.
Neault
                                                                                                                  -David neault


  for encouraging commercial agents to attend sales meetings
  and work closely with residential agents to create a level of
  cooperation and synergy that is unmatched in the market.
    A member of the Commercial Leadership Council,
  Neault is on the front lines of helping to shape the future
  of KW Commercial in the Inland Empire Region. He’s
  involved in developing Regional Commercial Masterminds
  events, as well as local training, property exchange forums,
  small group masterminding and networking. “We’ve also
  embarked on developing national and international practice
  groups,” Neault says. “These groups will bring expertise
  from a national perspective to help on larger transactions,
  while serving to elevate KW Commercial’s profile in the
  market.”
    Neault is excited about the future of KW Commercial.
  From a personal standpoint, he’s committed to helping
  advance it in the region and build a committee that can
  establish standards of practice that are considered the best
  in the industry.
    “I want to be part of the growth,” Neault says. “I want to
  build an office in the Inland Empire that is well-respected
  and can compete on every level. I look forward to KW
  Commercial being the commercial real estate company of
  choice.” kw



        Keller Williams Realty                    Second Quar ter 2011 • vol. 8 no. 2                                       outfront   19
Photo by Mark Blinch




                        4
                        FRASER’S




                       20
                                   top
                            Success strategies from
                            one of Toronto’s finest




                                 outfront
                                                      1
                                                           BE IN THE MOMENT.
                                                           Don’t think ahead to your
                                                           next interaction. Truly
                                                           listen to what your client
                                                           is saying or you may miss
                                                           something very important.




                                                          Second Quar ter 2011 • vol. 8 no. 2
                                                                                                2
                                                                                                    Always remember that
                                                                                                    buying a home is the most
                                                                                                    IMPORTANT PURCHASE
                                                                                                    OF YOUR CLIENTS’ LIVES
                                                                                                    and can be very emotional.




                                                                                                     Keller Williams Realty
Mid-course correction
CONVERGING FACTORS REVEAL
KW AS THE BEST CHOICE
 By Carla Jo Schaefer

At the top of his game in Toronto, Kester Fraser came to a             was the culture that proved most appealing. “Keller Williams
life-changing realization last year: his future was with Keller        has a great tradition of presenting proven business practices
Williams Realty.                                                       and providing an environment where agents openly discuss
   So he left RE/MAX to join forces with the Toronto-Beach/            and share strategies. It is a transparent operation with an
Riverdale market center – after 21 years in the business.              agent-centric business model that focuses on cutting-edge,
Joining him were his wife, Kimberly Doyle-Fraser, and sister,          systems-based training,” Fraser observes. He adds, “The
Lynn Fraser-Polifemi, who were both new to real estate.                company offers an organized array of superior business
   Why Keller Williams and why now? “It was just the right             systems that are easily accessible to all of their agents. As
time.” Fraser says. “It wasn’t a spur-of-the-moment decision.          a result, anyone from a rookie agent to a seasoned veteran
I had been thinking about it for quite awhile, and had been            can plug in and use established business systems that can
discussing the possibility with Canadian Directors Diane               substantially shrink the timelines in which their dreams are
Mitchell and John Furber since 2007.”                                  realized.”
   Mitchell and Furber had worked with Fraser at his former               While Keller Williams Realty has much to offer Fraser
company and “they believed that Keller Williams Realty                 and his team, he clearly brings a lot to the table too. “I have
would be an excellent match for me, and would open up new              seen ups and downs in the market, and have been able to
opportunities,” Fraser explains.                                       adapt to changing times. I know the Toronto market and
   His decision was also influenced by the fact that his wife          have built a solid client base, having worked with builders,
and sister had recently left the corporate world to become real        mortgage companies and individuals.” Over the years, he
estate agents. Both of them came from the financial services           explains that he has been able to sharpen his focus on long-
industry and a structured corporate environment. They were             term relationships, rather than a mindset of moving from
looking for a company that would allow them the flexibility            one transaction to the next. “The real estate business is truly
to realize their own vision and function as a team, but at the         a relationship business. When interacting with clients, I
same time, provide tools and resources to foster growth. “It           don’t see it as a single transaction, but more as long-lasting
was perfect timing for us to step back and evaluate which              relationship.”
company would better help us achieve our long-term goals,”                Now that he and his team have hitched their star to Keller
Fraser says.                                                           Williams Realty, the Toronto-Beach/Riverdale market center
   In choosing Keller Williams, Fraser notes that, ultimately, it      is looking forward to a long-lasting relationship as well. kw




3                                                                   4
              GO ABOVE AND BEYOND
                                                                                   STAY IN TOUCH WITH YOUR PAST
              TO SERVE clients. Most good
                                                                                   CLIENTS. Having your past clients work with
              agents seem capable of delivering
                                                                                   you time and time again is great! What’s even
              90 percent, but it is the final 10
                                                                                   better is when they endorse, promote and
              percent that sets you apart and
                                                                                   refer you to their sphere of influence.
              develops long-term relationships.




       Keller Williams Realty                      Second Quar ter 2011 • vol. 8 no. 2                                    outfront          21
THE CITy OF
      KELLER(Ly) LOVE
       Keller Williams Realty ranks as top place to work in Philadelphia




     A great workplace is one that inspires its employees and provides them with a great work environment,
     according to Workplace Dynamics, a company that partners with leading publishers across the country
     to produce regional “Top Workplaces” lists. Their research shows that workers want to do work that
     matters, to give back, and “to be a part of something meaningful.”




      By Celesta Brown

     Late last year, Workplace Dynamics set out to survey 76,000         six	categories	of	workplace	strengths.	“This	confirms	what	we	
     employees of 163 companies in the Greater Philadelphia area.        already knew: Keller Williams is an awesome company that
     Included in the survey footprint were 22 Keller Williams            deserves recognition throughout the real estate industry and
     market centers and 2,122 agents and staff. Workplace                the entire business world,” McCarthy enthusiastically reports.
     Dynamics sent an email questionnaire to all the agents in              “We have great leadership in this company and they mean
     those market centers with a kw.com email address and a              what they say: Keller Williams is a company that puts its
     paper	questionnaire	was	mailed	to	those	without	one.	The	           agents	first.”		The	survey	results	show	that	the	agents	and	
     survey, which had 25 detailed questions, covered categories         employees believe the company is doing just that.
     such as satisfaction, direction, career, work conditions,              Ed Fordyce, team leader of the Exton (Pa.) market center
     leadership and compensation. Respondents rated the                  – the market center that was featured in an Inquirer story
     company by responding to statements about key workplace             about the award – adds, “It's all about the agents. We are here
     issues.                                                             to develop individuals to be the best that they can be with
        In March of this year, the Philadelphia Inquirer published       no ceiling. Both an agent brand-new to the business and a
     the results: Keller Williams Realty emerged as the highest-         seasoned agent has the opportunity to grow into a leadership
     ranked large company in Philadelphia, trouncing other big           position if they choose to or grow their real estate team to
     names such as Campbell’s Soup, Pricewaterhouse Coopers              great heights.”
     and	The	Vanguard	Group.                                                McCarthy chimes in. “Locally, we offer affordable training
        “We don’t know the exact score in all the categories, but        and we encourage agents to bring a recruit to training for
     we are told that we blew other companies out of the water!”         free.” He says that there’s no for-profit training. All the
     says Mike McCarthy, regional director for the Greater               money goes back into the market center and into special
     Pennsylvania Region.                                                events for the agents. “We are constantly working to make
        Keller Williams Realty scored unusually high marks in all        sure their costs are kept to the bare minimum.”




22       outfront                                   Second Quar ter 2011 • vol. 8 no. 2                      Keller Williams Realty
All the positive energy is attracting top talent in the
area. People can’t help but be drawn to what Fordyce
calls a nonstop “environment and culture of support,
education and vision that is not found in other
companies or industries.”
   Philadelphia’s agents and market centers are busy
putting the Top Workplace recognition and logo to
work.	They	will	be	using	the	logo	on	email	signatures,	
business cards, Web pages and in marketing materials
and collateral. Reprints of the list showing Keller
Williams in the coveted No. 1 spot will be included in
listing packages and recruiting material, and a full-page
ad thanking the agents for making the award happen is
running in the Top Workplace section of the Inquirer,
which has a readership of more than 2 million.
   “Receiving this award also validates to potential
home buyers and sellers that our agents are happy
and confident and are great to do business with,” says
McCarthy. “Helping them leverage the Top Workplace
recognition is another way we can help them grow their
businesses, which is everything we are about. We just love
our agents and want to see them succeed.” kw




        Keller Williams Realty                    Second Quar ter 2011 • vol. 8 no. 2   outfront   23
PERSPECTIVE ON THE
                           BIG PICTURE!
                   KW Market Navigator: Vision and Opportunities 2011 encompasses Gary Keller’s
                   vision for the real estate market, including a DVD of his Vision Speech from Family
                   Reunion 2011 and KW Research’s market-leading studies.

                   A powerful resource to:
                    • Sharpen your expertise
                    • Enhance your presentations
                    • Build your profit share tree

                   Put the Market Navigator 2011
                   to work for you right now!




     Special pricing for KW associates!

     To place your order, go to
     http://www.millionairesystems.com
     and click on KW Market Navigator




24      outfront                                     Second Quar ter 2011 • vol. 8 no. 2   Keller Williams Realty
Alliance Building

Tapping the kind of connections that

strengthen your value proposition



By Anthony Azar, President, Strategic Business Alliances, Keller Williams Realty, Inc.



Variations on the same question are              we’ve established. While many real           Keller Williams Strategic
frequently asked of home buyers and              estate brokerages have jumped on joint       Business Alliances Division
sellers, and the answer is consistently,         venture opportunities and marketing          iN ACTiON!
“yes.”                                           service agreements as a means to boost       A new opportunity from CitiMortgage.
   Clients want us to be connected and           their bottom lines, we believe that
to make the home-buying process as               mindset is the most important piece
convenient as possible for them through          of successful vendor relationships. The
trusted relationships with mortgage,             most productive alliances result from
title, home warranty, insurance and              an integrated, holistic view of the real
closing/escrow companies (Strategic              estate transaction and the entire client     As part of our relationship with
Alliances). In fact, from the consumers’         relationship.                                CitiMortgage, Keller Williams
point of view, the concept of “one-                 To that end, our focus is twofold:        associates have a unique opportunity
stop shopping” became increasingly               •	 	 ield	Keller	Williams	Realty’s	
                                                    W                                         to help thousands of homeowners on
attractive as obtaining financing and               influence and leverage as the second-
closing on a home became increasingly               largest real estate company in the        the verge of foreclosure.
challenging.                                        United States to identify best-in-class     CitiMortgage has launched a
                                                    providers and negotiate tailored, and     marketing campaign to delinquent
                                                    in some cases exclusive, benefits for
The most productive                                 our associates’ clients, our associates
                                                                                              mortgage holders who do not qualify
                                                                                              to stay in their houses, encouraging
    alliances result                                themselves, and our market centers.
                                                                                              them to consider a short sale as a
                                                 •	 	 evelop	the	systems	and	models	that	
                                                    D
from an integrated,                                 market centers can use in order to        solution to their mortgage hardship.
                                                    optimize their individual strategic       Select Keller Williams associates
   holistic view of                                 alliance relationships.
                                                                                              will now have the opportunity to be
     the real estate                                Solid strategic alliances promise         positioned with these homeowners as
                                                 a wide range of benefits for Keller          a resource for listing and completing
  transaction and                                Williams associates, market center           their short sale.
                                                 leadership and the clients we serve.
  the entire client                              Our overriding caveat moving forward:
                                                 consult with a RESPA attorney. RESPA         To learn more, go to
       relationship.                             is a vague and complicated statute,          (http://apps.kw.com/shortsale),
                                                 and the alliances that are formed at         and be sure to update your Keller
   That was the impetus behind the               the market center level are subject to
creation of Keller Williams Realty’s             different regulatory interpretations at      Williams White Pages profile to reflect
Strategic Business Alliances division            the federal, state and local level.          your correct designations and contact
last year, and it’s the focus that has                                                        information.
driven every new relationship that

         Keller Williams Realty                         Second Quar ter 2011 • vol. 8 no. 2                            outfront         25
TOP50
     PRODUCING TEAMS*
                                                                * BASED ON TRANSMITTALS RECEIVED FOR THE FIRST
                                                                QUARTER (JAN. THROUGH MARCH) 2011. CLOSED
                                                                TRANSACTIONS IDENTIFIED WITH THE SPECIFIC TEAM.


                Name                                          City, State                 GCI                          Units

      1         Seybert Team                                  Henderson, Nev.             $598,753.08                  221
      2         The Kendra Todd Group                         Seattle, Wash.              $597,410.90                  77
      3         Joe Rothchild Realty                          Katy, Texas                 $539,065.71                  114
      4         Ben KinneyHome 4 Investment Team             Bellingham, Wash.           $538,775.95                  126
      5         Harper Sells Houses                           Puyallup, Wash.             $447,683.94                  95
      6         Rushforth Team                                Ottawa, Ontario             $443,275.17                  56
      7         McCarty Team                                  Marco Island, Fla.          $441,351.67                  27
      8         Marnie Bennett                                Ottawa, Ontario             $415,116.35                  42
      9         Charlotte Thomas Team                         Riverton, Utah              $409,819.09                  89
      10        Tricia Fox Group                              Chicago, Ill.               $401,018.63                  36
      11        The Heller Real Estate Group                  San Diego, Calif.           $400,569.38                  32
      12        The Tello Team                                Pembroke Pines, Fla.        $397,963.43                  130
      13        Jennifer Young Team                           Chantilly, Va.              $386,532.07                  59
      14        Mercury Alliance Colorado                     Broomfield, Colo.           $378,511.80                  65
      15        The Jesse Herfel Group                        Mesa, Ariz.                 $377,318.81                  155
      16        D & S Team                                    Miami Beach, Fla.           $374,865.50                  13
      17        The Brett Tanner Team                         Phoenix, Ariz.              $369,917.25                  126
      18        Rhodes Team                                   Dallas, Texas               $367,479.77                  60
      19        The Marshall Group                            Salt Lake City, Utah        $364,538.09                  79
      20        The Hardy Team                                Prescott, Ariz.             $364,034.44                  108
      21        The Sue Adler Team                            Summit, N.J.                $363,213.25                  20
      22        Carol Royse Lifestyle Team                    Tempe, Ariz.                $356,487.72                  113
      23        WestOne Properties LLC                        Portland, Ore.              $355,251.13                  46
      24        The Capalbo Group                             Manassas, Va.               $344,586.88                  38
      25        Kevin Blain Team                              Visalia, Calif.             $340,895.81                  98
      26        Kenny Klaus Team                              Mesa, Ariz.                 $332,646.43                  95
      27        Bizzy Blondes                                 Marina del Rey, Calif.      $330,591.86                  20
      28        Legacy Asset Management                       San Antonio, Texas          $321,751.54                  94
      29        Philbeck and Associates                       Orlando, Fla.               $317,866.29                  131
      30        Brenkus Team                                  Henderson, Nev.             $315,782.35                  91
      31        The Kink Team                                 The Woodlands, Texas        $311,172.54                  18
      32        Big City Properties                           Katy, Texas                 $310,705.59                  99
      33        Christine & Walter Delgado                    Tampa, Fla.                 $293,693.44                  122
      34        Cesi Pagano Team                              Mission Viejo, Calif.       $290,841.51                  30
      35        Team Michael                                  Rancho Mirage, Calif.       $287,989.37                  54
      36        Home Resource Group                           Cedar Park, Calif.          $286,129.62                  59
      37        The Norberg Group                             La Mesa, Calif.             $284,144.84                  19
      38        Eng-Garcia                                    Washington, D.C.            $281,386.23                  25
      39        Kirby Properties, Inc.                        Reno, Nev.                  $278,086.33                  92
      40        The Got Real Estate Team                      Fort Collins, Colo.         $269,166.86                  62
      41        Core Group LA                                 Los Angeles, Calif.         $267,349.08                  13
      42        The Monaghan Group                            Glendale, Ariz.             $265,260.75                  134
      43        The Stephen Cooley Team                       Fort Mill, S.C.             $263,355.55                  51
      44        The Ida Terbet Team                           Raleigh, N.C.               $262,898.87                  28
      45        The Jan Richey Team                           Frisco, Texas               $261,389.50                  17
      46        Bocage Team                                   Fremont, Calif.             $257,698.25                  38
      47        The Elias Team                                Temecula, Calif.            $256,838.50                  18
      48        McCormick Team                                Palo Alto, Calif.           $254,277.19                  6
      49        The Rugolo Team                               Scottsdale, Ariz.           $252,373.43                  80
      50        Team Dettman                                  La Quinta, Calif.           $247,080.00                  19



26   outfront                                       Second Quar ter 2011 • vol. 8 no. 2                 Keller Williams Realty
TOP15 TOP10
             STAKEHOLDERS**
                               **AGENTS WITH THE MOST GROWTH AT THE FIRST LEVEL OF THEIR PROFIT
                               SHARE TREE. FIRST QUARTER (JAN. THROUGH MARCH) 2011
                                                                                                                                                Agents
                                     Name                                    Region                            Market Center                    Sponsored
                                 1   Jose Fleming                            Florida-North                     Southwest Orlando                   32
                                 2   Dulce Harris                            Texas-South                       Signature                           19
                                 3   Linda Avery                             Southeast                         Atlanta - Perimeter East            17
                                 4   Shawn Kelsey                            Greater - Heartland               St. Charles, Mo.                    14
                                 5   Franci Morrione                         Greater - Pennsylvania            Blue Bell                           11
                                 6   Tracy Jennerjohn                        North Central                     Elm Grove                           10
                                 7   Barbara Tattersall                      New England                       Bedford-Manchester                  8
                                 8   Sondra Parker                           Ohio Valley                       Cincinnati-Hyde Park/Mariemont      8
                                 9   Randy Cooney                            Southwest                         Scottsdale - Southwest              7
                                10   Kathleen Rita Kelly                     Greater - Pennsylvania            Media                               6




                               ***CALCULATED BASED ON ANCILLARY AND TAX-ADJUSTED
                               PROFIT. FIRST QUARTER (JAN. THROUGH MARCH) 2011
             MONEYMAKERS***




                                                                                                                                             Ancillary and
                                     Market Center             OP                        TL                         MCA                   Tax-Adjusted Profit
                                 1 Roseville                   Wayne Hall                p
                                                                                           Patrick W. Woods         Chris Apsley                 $145,640.20
                                 2 Bonita Springs              Jim Murphy                p
                                                                                           Joe Harris               Niki Zenczak                 $115,035.61
                                 3 Austin Southwest            Mary Tennant              p
                                                                                           Diane Johnson            Sherie Pfister               $105,900.23
                                                                                         p
                                                                                           Melanie Kennemann
                                 4   The Woodlands             Judith Hopkins            p
                                                                                           Diane Flicker            Christopher Webster          $89,273.16
                                 5   Hollywood Hills           Rick Dergan               p
                                                                                           Gary Reavis              Carmen Guevara               $84,449.24
                                 6   Greater Portland          Dottie Bowe               p
                                                                                           Katie Manchester         Sharon Kimball               $79,830.33
                                 7   Grand Rapids East         p
                                                                 Karol Cooley            Jon Jackson                Lynne Heinz                  $79,364.97
                                 8   Austin Northwest          Mary Tennant              Gene Frederick             Linda Timmerman              $77,995.88
                                 9   Heritage                  Mark Willis               Craig Owen                 Anna Reiswig                 $75,398.07
                                10   Toronto-Beach/Riverdale   p
                                                                 Diane Mitchell          p
                                                                                           Dan Corcoran             Jeannette Seguin             $72,704.76
                                11   Houston Katy              Gayle Huffman             Fred Wright                Echo Guo                     $70,227.12
                                12   Bedford-Manchester        Alan Rice                 p
                                                                                           Mark Mulcahy             Debi Levine                  $67,256.94
                                13   Charlotte - South Park    Ed Arrington              p
                                                                                           Amy Hawke                Star Waddell                 $64,272.51
                                14   Bucks County South        p
                                                                 Paul Allen              Debra Breen                Dawn Myers                   $59,874.39
                                15   Bayside, Queens           Louis Cardenas            Allison Gambone            George Herrera               $58,737.03



                               ****CALCULATED BASED ON KW OWNER PROFIT.
                               FIRST QUARTER (JAN. THROUGH MARCH) 2011
             MONEYMAKERS****




                                     Market Center               OP                          TL                    MCA                      KW Owner Profit
TOP15




                                 1   Roseville                   Wayne Hall                  p
                                                                                               Patrick W. Woods    Chris Apsley             $105,026.30
                                 2   Atlanta - Sandy Springs     Shaun Rawls                 p
                                                                                               Steve Kout          Kenneth Gardner          $84,355.56
                                 3   Bonita Springs              Jim Murphy                  p
                                                                                               Joe Harris          Niki Zenczak             $82,779.34
                                 4   Greater Portland            Dottie Bowe                 p
                                                                                               Katie Manchester    Sharon Kimball           $81,130.94
                                 5   Austin Southwest            Mary Tennant                p
                                                                                               Diane Johnson       Sherie Pfister           $74,363.80
                                                                                             p
                                                                                               Melanie Kennemann
                                 6   Hollywood Hills             Rick Dergan                 p
                                                                                               Gary Reavis         Carmen Guevara           $70,087.34
                                 7   Summit                      Cara Moxley                 p
                                                                                               Debbie Meckbach     Joanne Morgenroth         $68,412.42
                                 8   Arlington                   Beverly Wells               Smokey Garrett        Holly Serben              $68,308.04
                                 9   Heritage                    Mark Willis                 Craig Owen            Anna Reiswig              $63,668.07
                                10   Ballantyne Area             Brenda Benson               p
                                                                                               Ann Yountz          Lynn Davis                $63,636.71
                                11   Grand Rapids East           p
                                                                   Karol Cooley              Jon Jackson           Lynne Heinz               $63,428.91
                                12   Charlotte - South Park      Ed Arrington                Amy Hawke             Star Waddell              $61,872.51
                                13   San Antonio IH-10           Mark Willis                 Wendi Harrelson       Bruce Mays                $60,058.64
                                14   Toronto-Beach/Riverdale     p
                                                                   Diane Mitchell            p
                                                                                               Dan Corcoran        Jeannette Seguin          $59,506.84
                                15   Bedford-Manchester          p
                                                                   Alan Rice                 p
                                                                                               Mark Mulcahy        Debi Levine               $58,783.86
                                                                 p
                                                                     Enrolled in MAPS Mastery Coaching

       Keller Williams Realty                                  Second Quar ter 2011 • vol. 8 no. 2                                            outfront          27
KW Outfront Magazine - 2
KW Outfront Magazine - 2
KW Outfront Magazine - 2
KW Outfront Magazine - 2
KW Outfront Magazine - 2

More Related Content

Similar to KW Outfront Magazine - 2

KW Outfront Magazine Online Edition Sept/Oct 2010
KW Outfront Magazine Online Edition Sept/Oct 2010KW Outfront Magazine Online Edition Sept/Oct 2010
KW Outfront Magazine Online Edition Sept/Oct 2010Keller Williams Careers
 
KW Outfront Magazine Online March/April 2009
KW Outfront Magazine Online  March/April 2009KW Outfront Magazine Online  March/April 2009
KW Outfront Magazine Online March/April 2009Keller Williams Careers
 
AutoSuccess Jan08
AutoSuccess Jan08AutoSuccess Jan08
AutoSuccess Jan08autosuccess
 
Keller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online EditionKeller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online EditionR.J Mendez
 
Keller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online EditionKeller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online EditionKeller Williams Careers
 
Book Summary: "Simply Brilliant" by William Taylor
Book Summary: "Simply Brilliant" by William TaylorBook Summary: "Simply Brilliant" by William Taylor
Book Summary: "Simply Brilliant" by William TaylorAdvait Kurlekar
 
Discover The Difference CB Leesburg
Discover The Difference CB LeesburgDiscover The Difference CB Leesburg
Discover The Difference CB LeesburgBrian Whritenour
 
RE/MAX remains-leader
RE/MAX remains-leaderRE/MAX remains-leader
RE/MAX remains-leaderRobby Beamer
 
Lancashire Business View media pack
Lancashire Business View media packLancashire Business View media pack
Lancashire Business View media packtimlbv
 
Keller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting PresentationKeller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting Presentationashleydunnkw
 
About Presentation
About PresentationAbout Presentation
About Presentationhserianni
 
Who says you can't go home w pictures
Who says you can't go home w picturesWho says you can't go home w pictures
Who says you can't go home w picturesDaniel Rex
 

Similar to KW Outfront Magazine - 2 (20)

KW Outfront Magazine March/April 2010
KW Outfront Magazine March/April 2010KW Outfront Magazine March/April 2010
KW Outfront Magazine March/April 2010
 
Kwri 2010-may-june
Kwri 2010-may-juneKwri 2010-may-june
Kwri 2010-may-june
 
KW Outfront Magazine Online Edition Sept/Oct 2010
KW Outfront Magazine Online Edition Sept/Oct 2010KW Outfront Magazine Online Edition Sept/Oct 2010
KW Outfront Magazine Online Edition Sept/Oct 2010
 
Kwri 09 Nov Dec Lr
Kwri 09 Nov Dec LrKwri 09 Nov Dec Lr
Kwri 09 Nov Dec Lr
 
KW Outfront Magazine Online March/April 2009
KW Outfront Magazine Online  March/April 2009KW Outfront Magazine Online  March/April 2009
KW Outfront Magazine Online March/April 2009
 
REPC 1.01 eMag
REPC 1.01 eMagREPC 1.01 eMag
REPC 1.01 eMag
 
AutoSuccess Jan08
AutoSuccess Jan08AutoSuccess Jan08
AutoSuccess Jan08
 
Keller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online EditionKeller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online Edition
 
Keller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online EditionKeller Williams Realty Outfront Magazine Online Edition
Keller Williams Realty Outfront Magazine Online Edition
 
Book Summary: "Simply Brilliant" by William Taylor
Book Summary: "Simply Brilliant" by William TaylorBook Summary: "Simply Brilliant" by William Taylor
Book Summary: "Simply Brilliant" by William Taylor
 
Discover The Difference CB Leesburg
Discover The Difference CB LeesburgDiscover The Difference CB Leesburg
Discover The Difference CB Leesburg
 
RE/MAX remains-leader
RE/MAX remains-leaderRE/MAX remains-leader
RE/MAX remains-leader
 
Lancashire Business View media pack
Lancashire Business View media packLancashire Business View media pack
Lancashire Business View media pack
 
Keller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting PresentationKeller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting Presentation
 
About Presentation
About PresentationAbout Presentation
About Presentation
 
Why RE/MAX
Why RE/MAXWhy RE/MAX
Why RE/MAX
 
Why_REMAX_E-Doc
Why_REMAX_E-DocWhy_REMAX_E-Doc
Why_REMAX_E-Doc
 
Who says you can't go home w pictures
Who says you can't go home w picturesWho says you can't go home w pictures
Who says you can't go home w pictures
 
CBE 2013 Orientation
CBE 2013 OrientationCBE 2013 Orientation
CBE 2013 Orientation
 
Why RE/MAX Results in St. Louis?
Why RE/MAX Results in St. Louis?Why RE/MAX Results in St. Louis?
Why RE/MAX Results in St. Louis?
 

More from Keller Williams Careers

Keller Williams Realty OUTFRONT Magazine
Keller Williams Realty OUTFRONT MagazineKeller Williams Realty OUTFRONT Magazine
Keller Williams Realty OUTFRONT MagazineKeller Williams Careers
 
Keller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online Edition Keller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online Edition Keller Williams Careers
 
Keller Williams OUTFRONT Magazine - 2nd Quarter 2017
Keller Williams OUTFRONT Magazine - 2nd Quarter 2017Keller Williams OUTFRONT Magazine - 2nd Quarter 2017
Keller Williams OUTFRONT Magazine - 2nd Quarter 2017Keller Williams Careers
 
Keller Williams Realty Profit Share White Paper
Keller Williams Realty Profit Share White PaperKeller Williams Realty Profit Share White Paper
Keller Williams Realty Profit Share White PaperKeller Williams Careers
 
Keller Williams Realty Performance Report_2016
Keller Williams Realty Performance Report_2016Keller Williams Realty Performance Report_2016
Keller Williams Realty Performance Report_2016Keller Williams Careers
 
Keller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online EditionKeller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online EditionKeller Williams Careers
 
Keller Williams Outfront Magazine Online Edition - 2012-3Q
Keller Williams Outfront Magazine Online Edition - 2012-3QKeller Williams Outfront Magazine Online Edition - 2012-3Q
Keller Williams Outfront Magazine Online Edition - 2012-3QKeller Williams Careers
 
This Month in Real Estate for Canada - December 2011
This Month in Real Estate for Canada - December 2011This Month in Real Estate for Canada - December 2011
This Month in Real Estate for Canada - December 2011Keller Williams Careers
 
This Month in Real Estate for U.S. Market - December 2011
This Month in Real Estate for U.S. Market - December 2011This Month in Real Estate for U.S. Market - December 2011
This Month in Real Estate for U.S. Market - December 2011Keller Williams Careers
 
This Month in Real Estate For U.S - October 2011
This Month in Real Estate For U.S - October 2011This Month in Real Estate For U.S - October 2011
This Month in Real Estate For U.S - October 2011Keller Williams Careers
 
This Month in Real Estate- U.S. Market: April 2011
This Month in Real Estate- U.S. Market: April 2011This Month in Real Estate- U.S. Market: April 2011
This Month in Real Estate- U.S. Market: April 2011Keller Williams Careers
 

More from Keller Williams Careers (20)

Keller Williams Realty OUTFRONT Magazine
Keller Williams Realty OUTFRONT MagazineKeller Williams Realty OUTFRONT Magazine
Keller Williams Realty OUTFRONT Magazine
 
Keller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online Edition Keller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online Edition
 
Keller Williams OUTFRONT Magazine - 2nd Quarter 2017
Keller Williams OUTFRONT Magazine - 2nd Quarter 2017Keller Williams OUTFRONT Magazine - 2nd Quarter 2017
Keller Williams OUTFRONT Magazine - 2nd Quarter 2017
 
Keller Williams Realty Profit Share White Paper
Keller Williams Realty Profit Share White PaperKeller Williams Realty Profit Share White Paper
Keller Williams Realty Profit Share White Paper
 
Keller Williams Realty Performance Report_2016
Keller Williams Realty Performance Report_2016Keller Williams Realty Performance Report_2016
Keller Williams Realty Performance Report_2016
 
Keller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online EditionKeller Williams Outfront Magazine - Online Edition
Keller Williams Outfront Magazine - Online Edition
 
Keller Williams Outfront Magazine Online Edition - 2012-3Q
Keller Williams Outfront Magazine Online Edition - 2012-3QKeller Williams Outfront Magazine Online Edition - 2012-3Q
Keller Williams Outfront Magazine Online Edition - 2012-3Q
 
Keller Williams Technology Graph
Keller Williams Technology GraphKeller Williams Technology Graph
Keller Williams Technology Graph
 
KW Luxury Homes Magazine
KW Luxury Homes MagazineKW Luxury Homes Magazine
KW Luxury Homes Magazine
 
A Keller Williams Realty Career
A Keller Williams Realty CareerA Keller Williams Realty Career
A Keller Williams Realty Career
 
KW Outfront Magazine Online Edition
KW Outfront Magazine Online EditionKW Outfront Magazine Online Edition
KW Outfront Magazine Online Edition
 
This Month in Real Estate for Canada - December 2011
This Month in Real Estate for Canada - December 2011This Month in Real Estate for Canada - December 2011
This Month in Real Estate for Canada - December 2011
 
This Month in Real Estate for U.S. Market - December 2011
This Month in Real Estate for U.S. Market - December 2011This Month in Real Estate for U.S. Market - December 2011
This Month in Real Estate for U.S. Market - December 2011
 
The Keller Williams Realty Difference
The Keller Williams Realty DifferenceThe Keller Williams Realty Difference
The Keller Williams Realty Difference
 
The Keller Williams Realty Difference
The Keller Williams Realty DifferenceThe Keller Williams Realty Difference
The Keller Williams Realty Difference
 
This Month in Real Estate For U.S - October 2011
This Month in Real Estate For U.S - October 2011This Month in Real Estate For U.S - October 2011
This Month in Real Estate For U.S - October 2011
 
Kwri 2011-q2
Kwri 2011-q2Kwri 2011-q2
Kwri 2011-q2
 
05 tmire may_us_2011
05 tmire may_us_201105 tmire may_us_2011
05 tmire may_us_2011
 
This Month in Real Estate- U.S. Market: April 2011
This Month in Real Estate- U.S. Market: April 2011This Month in Real Estate- U.S. Market: April 2011
This Month in Real Estate- U.S. Market: April 2011
 
KW LinkedIn Ebook
KW LinkedIn EbookKW LinkedIn Ebook
KW LinkedIn Ebook
 

KW Outfront Magazine - 2

  • 1. K E L L E R W I L L I A M S R E A LT y R A N K S A S TO P P L AC E TO WO R K I N P H I L A D E L P H I A - P G . 2 2 A PUBLIC ATION OF KELLER WILLIAMS REALTY, INC . SECOND QUARTER 2011, VOL.8 NO.2 CROSSING A TULS R OVER TO KW GE MER ES T CREA NAL IO REG HOUSE ER P OW G . 6 -P
  • 2. 2 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 3. DEAR ASSOCIATES, What a thrill it is to serve as a stakeholder with you as Keller Williams Realty claimed the rank of the second- largest real estate company in the United States, and powers toward its certain destiny to become No. 1. This awesome achievement is most about the genuine excitement Williams Realty is now the second- entirely yours – entirely a result of for new beginnings was the one-on- largest real estate company in the your talent, your tenacity, your belief one connections that powered the United States and the third-largest in in the Keller Williams distinct way of event. In Tulsa, as in your market, North America. If that fact is met with doing business, your determination to the groundwork for growth is being surprise, explain that it comes as one to push limits, to do more, and to become paved every single day with your a lot of people, because Keller Williams more. professionalism and positive energy. Realty doesn’t believe in pouring There is nothing that can be written Considering this company's amazing millions of dollars into national or said about Keller Williams Realty advertising campaigns that only serve that has more power or more of an the company. impact within your sphere than you Instead, Keller Williams devotes do. It’s your professionalism and your "clients do its resources to training agents and success that your clients and colleagues business with equipping them with the knowledge see. You are the face of KW. and skills to serve clients at a high level Talent follows talent and the agents, not – because Keller Williams believes that numbers prove that you are the best clients do business with agents, not the magnet for talent that the real estate the real estate real estate company. industry has ever known. And that’s company" Often, less is more, and this simple why it thrills us that 25,293 of you had script is sure to resonate with your a stake in a $34.6 million profit share clients, because they’ll recognize it as pool last year, and that we stand to growth trajectory, it sometimes seems true. continue breaking our own records for surprising when our clients and our profit share in 2011 and beyond. spheres of influence aren’t aware of Last month, a group of us had the our vast North American reach. It’s awesome privilege of participating in surprising, but it’s actually okay, a merger celebration as more than 50 because it’s not about us, it’s about you. Yours in the truth! agents with the renowned Patterson At the same time, you have an awesome Realtors in Tulsa, Okla., joined forces opportunity to let your clients know a with our Tulsa Metro market center little about the company you keep. – catapulting Keller Williams Realty During client consultations, and to the No. 1 spot in the market. (See even social situations, we hope it serves Mark Willis, CEO, article on page 6.) What impressed us you well to let it be known that Keller Keller Williams Realty Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 3
  • 4. table of contents vol. 8, no. 2 - Second Quarter 2011 MASTERMINDS 06 CULTURAL CONVERGENCE 08 BOLD MOMENTUM Rookie hops the BOLD MAY 16-18, 2011 Meeting of the like- minded in Tulsa creates train to the top. competitive powerhouse. There are some events that are only for high rollers. MAPS Masterminds is 12 16 more than a networking MAKING A SHARPENING session or a seminar. It’s MARK THE SAW an opportunity for the most successful real estate Personal branding The word on eEdge: professionals in North proves key in the luxury “WOW!” America and those who want to learn from them market. to share and brainstorm leading-edge strategies that produce results. COSMOPOLITAN OF LAS VEGAS 20 TOPS IN TORONTO Powering a career for 22 INSIDE SCOOP Attention Philadelphia LAS VEGAS, NEV. the long haul. agents: KW is THE MAY 16-18, 2011 place to be! www.events. mapscoaching.com Second Quarter 2011, vol. 8 no. 2 Executive Director of Marketing and Communications: Ellen Marks OutFront is published by Keller Williams Realty, Inc. OutFront is a publication of Editor: Lisa Wahlgren (outfront@kw.com) The entire document of OutFront is copyright© 2011 Keller Williams Realty, Inc. by Keller Williams Realty, Inc. No portion may be Marketing and Communications Specialist: Laura Price reproduced in whole or in part by any means, including Copy Editor: Jeff Ryder electronic retrieval systems, without the express written 1221 South Mopac Expressway, Associate Art Director: Michael Balistreri permission of the publisher. Editorial or advertising does Suite 400 Designer: Caitlin McIntosh not constitute advice but is considered informative. Austin, Texas 78746 (512) 327-3070 phone Contributors: Celesta Brown | Jennifer LeClaire | Carla Jo Schaefer Copyright© 2011 Keller Williams Realty, Inc. (512) 328-1433 fax Advertising: Tom Freireich (advertising@kw.com) All rights reserved. Job Inquiries: (jobs@kw.com) 4 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 5. SHORT SALE M A S T E R Y Build your business with short sale buyers and sellers! Photos by Steve Ruark Mastering short sales: A long-term opportunity Sponsored by: By Roger Higle, Course Writer, Keller Williams University Considering the stake that our industry has panelists. in the recovery of the U.S. real estate market, Among the most useful aspects of the we need to be more than simply committed curriculum for many is a recognition that to promoting short sales as an alternative to taking on the entire, end-to-end short sale New opportunities foreclosures. For many top Keller Williams process can appear daunting – especially at for short sale business short sale agents, it has become a mission. the beginning. As such, we’ve identified several And judging from the recent response to different directions that agents can take that As the sponsor for the Short Keller Williams Realty's, 31-city Short Sale entail distinct expertise and skills. Within Sale Mastery tour, CitiMortgage Mastery tour, many of you are interested in market centers and regions, new business becoming a part of it. partnership are now forming, as agents who representatives are providing tour Short sales represent the dominant excel at identifying and qualifying leads, for attendees with the invaluable segment of the distressed properties market, instance, focus on that piece and then hand as well as the most significant growth niche off the administration and negotiation to lender's perspective on how to within most U.S. markets. While many agents partners who specialize in that part of the best navigate and negotiate short have already established a lucrative practice process. within the short sale arena, all experts Regardless of your current level of sales. Attendance at the Short Sale agree: there is more than enough room for involvement with short sales, this tour offers Mastery course will be one of the newcomers who have the knowledge and a valuable insights and information. If you have ways that Keller Williams associates commitment to making a difference. not already attended a tour event, be sure to To that end, the one-day Short Sale put one of the remaining tour dates on your can qualify for this opportunity. Mastery tour is having a phenomenal impact calendar. Short sales are a business that will due to the instructors' depth of in-the- be with us for years to come. ©2011 CitiMortgage, Inc. CitiMortgage, Inc. trenches expertise, combined with the does business as Citicorp Mortgage in NM. CitiMortgage, Inc. is an equal housing lender. invaluable insights offered by local market Citi, Arc Design, Citi and Arc Design are registered service marks of Citigroup Inc. For the complete list of tour stops and to register, visit: (www.millionairesystems.com/ShortSaleMastery) or call 512.306.6236. Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 5
  • 6. THE MOMENTUM CONTINUES! CROSSING OVER TO KW Tulsa Metro welcomes 52 agents from Patterson Realtors into the KW fold By Lisa Wahlgren In the Tulsa, Okla., real estate community, Chuck Patterson level, but I realize that to thrive in the future, knowledge of is more than an icon. He’s an institution – and a beloved the local market is not going to be enough. From a technology institution at that. and educational standpoint, it was getting more and more Recently, after 34 years at the helm of Patterson Realtors, challenging for a small independent to compete. The scope the renowned thought leader realized that it was time to “re- has increased from local to national to international. We don’t engage, retool and reinvent” his company in order to keep his have a Keller Williams University, or the kind of technology agents on the cutting edge of an evolving real estate market. that Keller Williams offers. I figured there’s a reason why What followed was a lot of discussions and due diligence and Keller Williams has grown over the past five years and other a final decision to join forces with Susan Beach, team leader, companies haven’t.” and Sherry Lewis, operating principal, at the Keller Williams Clearly, however, it was culture that proved to be the most Tulsa Metro Market Center. important factor. “Our companies’ basic beliefs are so similar,” Among his company’s 52 agents, Patterson recalls that the Patterson says. Finding the clearly stated values of “God, family decision was met with nothing short of shock and uncertainty. and then business” to be a significant draw, Patterson says Ultimately, open minds and open hearts prevailed as the he loves the fact that “agents were encouraged to direct their official welcoming ceremony on March 31, 2011, was beliefs toward the support of the community and the people attended by representatives from all of Keller Williams market they worked with. Once I learned what Keller Williams was all centers in Tulsa and surrounding communities, proved to about, I said, ‘My God, you’re like one big us.” be a genuine exchange of warmth and excitement for new friendships and new beginnings. GOOD VIBES Recalling the thought processes that led him to Keller Having hoped to connect with the leadership team of Williams, Patterson says, “I’ve survived a lot of ups and downs Patterson Realtors for a few years, Beach says that once she in the market, and I knew we were in for more changes. Our and Chuck started to get to know each other, their “similar, agents are very experienced and very productive at the local like-minded value systems” propelled the conversations 6 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 7. "Now that I see all of the training and technology that Keller Williams offers, I realize that I have just scratched the surface." — Royce Ellington forward. “Both of us have an amazing group of people, and we that Keller Williams Realty encourages agents to keep their have a high regard for each other. Chuck’s respect and concern autonomy and manage their own teams. for his agents is just awe inspiring.” In return, agents have As Royce Ellington, top-producing agent from the been intensely loyal to him, Beach says, adding that for a few former Patterson Realtors, notes, any apprehension among weeks prior to the merger date, she made a point to meet one- incoming agents gave way to excitement following the merger on-one with incoming agents as the first step toward getting celebration and official welcoming ceremony. “Walking across to know each other personally and forming new bonds. the stage during the ceremony and being welcomed by the Just as one of many indications of the depth of feeling leadership team, including Mark Willis, and then being high- among both companies, Lewis, who is also director of the fived by a big group of Keller Williams agents as we exited Oklahoma Region, notes that on the day prior to the official the stage really helped to make us feel welcome. Another neat merger, agents and the leadership team from Patterson touch was the willingness on the part of the Keller Williams Realtors had their final team meeting and then walked out of agents to replace yard signs on our behalf. All it took was one their offices holding yellow balloons, which is their company week for everyone to feel extremely comfortable here. That color. As they released them into the air, Keller Williams Tulsa really speaks volumes for Susan and Sherry. The KW culture is Metro associates in the office across the street, applauded and really shining through," Ellington says. cheered. “I’ve been the top producer for Patterson Realtors for the past five years, and I thought I had a handle on my real estate STRONG FOUNDATION business,” he adds. “Now that I see all of the training and Underlying the culture and the human connections, the Keller technology that Keller Williams offers, I realize that I have Williams business models played a major role in making just scratched the surface. I was hoping to just move my the merger possible. Beach explains that the concerns that business over, and now I realize that I’m going to improve my Patterson and former president Mike Haley may have had business by leaps and bounds.” kw about losing their autonomy were largely allayed by the fact Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 7
  • 8. BOLD AND BOLDER Rookie gets recipe for success trajectory By Jennifer LeClaire “I didn’t think I could afford to invest in myself. It was a big risk. But I knew I was When Terronald Logan signed on with the Austin Southwest market center as a brand-new agent in November 2009, right after getting his real estate license, he didn’t have a lot of confidence and was reluctant to pick up the phone. So early into 2010, he made a bold investment in himself that not only turned his career around – it changed his life. Logan credits the MAPS BOLD program with catapulting his fledgling career to a level that he could not have imagined. During his first stint in the program, he acquired, among other things, a new mindset, and a $1 million buyer. “That was one of my very first transactions.” Convinced that he still had a lot to master, Logan signed up for BOLD again in the fall, along with “The Language of Sales” Fast Track group coaching course. Logan describes the experience of taking both classes at the same time as “living in a real estate boot camp.” And it paid off quickly. “I had a client whose house I listed, but it didn’t sell. Because of The Language of Sales, I knew exactly what to say to convince him to relist the property with me at a price where it would sell,” Logan says. “That led to a $700,000 sale.” 8 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 9. Photo by Brian Fitzsimmons worth it. I had to trust in myself" - Terronald Logan In 2010, Logan capped in four months, and decided to keep investing in himself. He joined Luxury Homes by Keller Williams in order to benefit from market-specific resources to cultivate high-end clients. He also signed on for “Find the Motivated for Immediate Sales” – another MAPS Fast Track course that that he credits with helping him target his prospecting strategies. What’s next? Logan says he’s excited about taking BOLD for a third time this fall and then enrolling in Mastery Coaching. He expects to end 2011 with $8 million in production, and then to kick off 2012 by capping in one week. “I didn’t think I could afford to invest in myself. It was a big risk. But I knew I was worth it. I had to trust in myself,” Logan says. “The coaching and education I am getting through BOLD, the Fast Track courses, Family Reunion and the Keller Williams culture has been life-changing for me. This is exactly what I needed to flourish, and I feel like I am making a difference.” kw Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 9
  • 10. VIRAL MARKETING AFFICIONADO shares strategies at Masterminds By Jennifer LeClaire Viral marketing. It’s a buzzword that gets thrown around a discovered that a series of videos can accomplish the same goal lot – and a concept that was addressed at Masterminds in Las as face-to-face presentations, while allowing him to be more Vegas. productive. At its core, viral marketing is using social networks to drive “If a seller’s listing is about to expire, we have eight videos brand awareness. More and more agents are using YouTube to that go out over 18 days to get them to re-list with us. I charm new and prospective real estate clients and expand their position myself as the expert in Ocean City, and people come sphere of influence via online sources. Among the industry to me for expertise.” members who are adept at the use of social media to establish The videos are sent to different segments of his database their expertise: Prudential agent Jeff Quintin, who recently eight to 10 times a month. Analytics software tracks addressed Masterminds attendees. viewership, and YouTube metrics even indicate the point “I launched an educational series called ‘20 Things You at which people stop viewing. He credits his educational Jeff Quintin Absolutely Must Know to Avoid Foreclosure,’ and created 20 emphasis (as opposed to a sales pitch) to a consistently high videos and an introduction,” Quintin says. “People have to level of viewership and a lot of “shares.” opt in with their email address to get links to all 20 videos A clear indicator of the strategy’s effectiveness: Quintin sells emailed to them. This builds my database.” a lot of homes. In 2010, his team closed a total of 164 homes. Every time Quintin starts a new video series, he sends the This year, he expects to close 200. Although he can’t connect introductory video to his database. He also posts videos on his all the sales to viral marketing, his gut tells him it’s paying blog and his YouTube Channel. The real magic happens when dividends. people forward the email to their friends, post the video on “The biggest challenge is taking the time to create the their Facebook page, or send a link through Twitter. Quintin videos,” says Quintin, “Sometimes it’s frustrating because you has watched videos go from a couple hundred views to a few make mistakes and have to do retakes. You have to get skillful. thousand. That takes time. But being the one who gives people the Quintin works in the resort market of Ocean City, N.J., education they are looking for makes me the market expert where there are a lot of absentee owners, but he says the and the one who clients are going to buy from and tell their strategy works in any market. He uses the videos as a way friends about.” to save time making listing presentations in person, and has kw Ever wished you were on of those confident people who also had just the right thing to say? Learn how! BOLD Scripts Workshop Power Prospecting Workshop Learn how to set one appointment per Live coaching with a MAPS Coach as day, and close 75 percent or more of you are prospecting for new leads. your appointments and walk away with a • Use scripts more effectively signed contract – all in a supportive, fun • Increase your closing ratio and exciting environment. • Reduce your fear of rejection • Set more appointments • Generate more leads and sales To arrange for a MAPS coach to lead a workshop in your market center, contact MAPS@kw.com or call 800-822-9360 and ask for BOLD. 10 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 11. give where you live! RED Day (Renew, Energize, and Donate) is a service initiative dedicated to celebrating Keller Williams Realty's year-round commitment to improving our local communities. Last year, RED Day participants gave more than 150,000 collective service hours in just one day! This year, on May 12, 2011, the giving promised to be even greater, as more associates embraced the Keller Williams culture of giving and touching the lives of community members. Here are just a few ways that Keller Williams associates celebrated RED Day. The Easton (Mass.) market center met with the The Anchorage market center stepped up as recipients of their "Day of Service" and made plans to the sole sponsor for a Habitat for Humanity include 100 percent of their market center in RED Day. house raising $100,000 and contributing more "We chose a Family Life Center which houses 13 to than 2,500 hours in volunteer time. “Our bro- 14 families on an interim basis, while helping them with ker, Butch Jacques was inspired to spearhead child care, mental health issues, support and just being this effort and went so far as to say that if we there for them," says Mary Nardone, RED Day repre- fall short, he and his wife would personally sentative. "They have at least five locations in the city of guarantee the rest,” says Jennifer Toomer, team Brockton where they care for families in need. leader. “Our people step up to the plate every On RED Day they painted a children's reading room, time. I am blessed to have that kind of leader- repaired water damage, and cleared an area for a garden ship in our market center and on our staff! and a basketball court. Butch has truly been a leader in this year's RED Day undertaking!” “We want to thank Mo Anderson for true leadership that pushes us to strive harder, reach farther and push ourselves in changing The Nashville-Murfreesboro market center the lives of our agents and our communities,” spent RED Day at Greenhouse Ministries, paint- adds Toomer. ing, building a fence, sorting donated clothes, remodeling a break room and building a loft above their storage area. “We were so excited to share our culture and to give back to our community,” says associate, Dee Lewis. http://www.kw.com/kw/redday.html Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 11
  • 12. PIECING TOGETHER Winning strategies in a complex market By Jennifer LeClaire As a child, Brandy Coffey loved to work puzzles. She’d spend Having gotten her start in real estate back in 2004, right as the hours sorting and matching the pieces until the picture market started to shift, Coffey’s career took a definite upswing emerged. Then she’d do it again. last year when she stepped away from her own boutique So it was very fitting when years later she earned a B.A. brokerage and joined forces with the Greater Manatee market degree in psychology at the University of South Florida. center and Luxury Homes by Keller Williams. “I’ve already She has a passion for helping people to put all of the pieces received seven referrals from the Luxury Homes division and together. my revenues have been increasing steadily over these few After college, Coffey wanted to move back to Sarasota, a months,” she offers. “I can’t imagine where I would be now city named by several top publications as a “best place to live if I had joined Keller Williams Realty when I started in this and work.” Being close to family also mattered a lot, especially business seven years ago.” since her mother was facing radiation treatments and surgery. With designations that include Resort and Second Home While working a part-time job, Coffey studied for the real Specialist and Certified Luxury Home Marketing Specialist, estate exam, and it wasn’t long before she realized that the Coffey notes that the superior marketing collateral and fundamentals of real estate mirrored the fundamentals of support she receives as a member of Luxury Homes by Keller psychology. Williams is proving to be the clincher in helping her get a foot “I just relish the opportunity to put someone in the right in the door and seal the deal with high-end homeowners. home,” Coffey says. “It’s like working a puzzle – matching a She’s found out that, the more she digs in to all that Keller client to a lifestyle, which is what a home purchase is.” Williams Realty has to offer, the more her career moves forward. Lately, the homes she has been matching clients to are on As a recent devotee of The Millionaire Real Estate Agent, she’s the higher end. now managing to pull all of the pieces together, implementing 12 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 13. PRICEL ESS PUBL IC I TY For an agent of Coffey’s caliber, a brief stint in the limelight can catapult a career to an entirely new level. Recently, her solid reputation brought her to the attention of the producers of HGTV’s hit show, “Bang for Your Buck.” The show features three homeowners in the same city who renovate the same room in each of their homes using the same amount of money. Two experts, a designer and a real estate agent discuss and compare each homeowner’s renovations in detail to determine who got the biggest “bang for their buck.” The designer focuses on trends and styles, while the local agent talks about how the remodel increased the value of the home. Ultimately, the experts determine if the homeowners will be able to recoup their money when they sell the home. Coffey was selected as the agent for an episode of kitchen renovations filmed in Sarasota, and once the producers realized what a natural she was in front of the camera, she was invited back to do a second show. Both Jeff Peldon air on HGTV this summer. shows will the principles and step-by-step techniques advocated with in the text. A newly hired assistant is providing much-needed leverage Brandy Coffey (right) during the filming of HGTV's "Bang for Your Buck." – freeing her from administrative tasks and allowing her to spend more time serving her clients. And then there’s the technology Next issue: Highlights from component. “Keller Williams is just so far ahead of the game,” she says, adding that eEdge offers a newfound potential to The 4th Annual efficiently manage leads and contacts. A new force to be reckoned with in Keller Williams Luxury central Florida’s Gulf Coast, Coffey offers a distinctive blend of confidence, creativity Homes Retreat and hard work that resonates with high-end clients. “You have to be creative in matching a client to a lifestyle and in how you will The Cosmopolitan market and sell their property. I love what I of Las Vegas do so much. I work hard, but it never feels like work.” kw May 14 - 16, 2011 Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 13
  • 14. Pricing Perspectives Your job: make sure your clients get it! By Gary Keller, co-founder and chairman, Keller Williams Realty Much of what drives our success as real estate agents comes The chart below is an updated version of a slide that we down to perspective. showed during the Vision Speech three months ago, and it The all-important task of lead generation (three hours a illustrates the impact of interest rates on affordability. U.S. day, every day) is fueled by our ability to add value to the agents: if you have not already done so, make sure you get a conversation and the relationship. Refrigerator magnets, copy of this chart in front of your clients.* pens, calendars and any other ways you can think of to As you can see, the cost of a loaf of bread and a gallon of keep your name in front of your clients are all fine, but if gas has more than tripled since 1989, and car prices have you are looking to genuinely distinguish yourself and drive nearly doubled. While the median price of a new home has your business, you need to focus on sharing expertise and increased by 70 percent, that’s not the most relevant statistic. perspective. That’s what our clients need and want from us. Mortgage interest rates, which stood at 10 percent back in During the Vision Speech at Family Reunion in February, 1989, averaged 4.84 percent during the second week of April I focused a lot on affordability, which in the United States 2011. The impact of rock-bottom interest rates is that the right now is nothing short of amazing. Among those sharing monthly mortgage payment on a median-priced home has the stage with me was John Furber, our regional director for hardly changed in more than a decade. Canada, who discussed factors affecting the Canadian housing Unless a buyer is paying cash, the monthly payment tends market. to be far more relevant than the home’s actual purchase price. While current price trends for the United States and So for buyers who are waiting for home prices to hit the floor, Canada are considerably different, the same principle applies it’s important to point out that the possibility of a slight drop in both cases: clients need perspective and they need to look in the price of a home will have very little impact on the beneath surface statistics before making informed decisions. monthly payment, while even a slight rise in interest rates (a Clients in both countries would be well-served if we helped far more likely scenario) will have a significant impact. them to shift their focus away from the actual purchase price Timing the market to a T is never possible, and in the of the home and toward the big-picture impact of interest rates. HOME PRICE VS. PAYMENT - UNITED STATES U.S. BUYER BONANZA 1989 2010 2011 YTD Let’s start with the United States, where homes are more Bread $0.67 $2.49 $2.49 affordable, relative to the median income, than they’ve Gas/gal. $0.97 $2.73 $3.87 been in a generation. For any number of reasons, buyers are $15,350 $28,400 $28,400 New Car not snatching up properties to the extent that we’d expect Median Existing Home Price $94,000 $173,000 $156,100 them to, but chances are, if they had a better grasp on just how remarkable the current price picture is, their sense of Mortgage Rate 10% 4.69% 4.91% urgency would move up several notches. Monthly Payment $825 $896 $829 Source: KW Research 14 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 15. current market, staying on the sidelines is more likely to looking at local price trends within their specific price result in a missed opportunity than a small savings. range. Those are the facts, but buyer reluctance in the current At the same time, remind your clients that the monthly market can outweigh compelling facts. U.S. buyers are mortgage payment, not the actual purchase price, tends to skittish about the housing market, and our job is to explain be the relevant number. Whereas the average home price to them that market skittishness is actually a good reason to has increased by 160 percent since 1990, mortgage interest buy now – because it is. rates have decreased by 60 percent. General uncertainty about the housing market and a As a result, over the past decade, the average mortgage reluctance to take action only contributes to the number payment has increased by less than 25 percent – a statistic of deals and negotiating power available to astute buyers. that is likely to shift the perspectives of many Canadians on U.S. buyers who are waiting for the real estate market to the feasibility of buying a home in the current market. “recover” are in fact waiting for a reduction in inventory, fewer foreclosed properties on banks’ books, rising home ONWARD … prices and sellers who don’t need to be as motivated. That scenario will be welcome news for sellers, banks and the U.S. economy as a whole, but not for buyers. Now is the time for U.S. buyers to act and for you to offer the perspective that helps them to understand why. CANADIAN CONSIDERATIONS As I mentioned earlier, average home prices in Canada are trending upwards but as is always the case, those of us who are willing to dig beneath surface statistics are far better positioned to help our clients to understand the big picture *For copies of the PowerPoint and to take action. Before we look at housing affordability presentation from this year's in Canada, though, I’d urge all Canadian associates to make Vision Speech, go to (www. sure that your clients also understand the opportunities agentmountain.com). that rock-bottom U.S. interest rates and real estate prices – particularly in the sunshine states – represent to them as well. In doing so, you stand to power a new stream of referral income. As the chart below indicates, the average home price in Canada has increased by 160 percent since 1990, while shooting up 9.5 percent since last year. For some buyers, this trend might contribute to a sense of urgency to buy before housing prices shoot up any further. Others could take one look at current prices and be convinced that they have been priced out of the market. This is where your perspective proves critical. First, remind your buyers that all real estate is local. The recent run-up in average real estate prices reflects above-normal sales activity in the priciest markets, so make sure that your clients are HOME PRICE VS. PAYMENT - CANADA 1989 2010 2011 YTD Bread $0.67 $2.22 $2.66 Milk $0.59 $2.25 $2.32 Gas/liter $0.49 $1.01 $1.33 Avg. Home Price $141,985 $339,030 $371,286 Mortgage Rate 13.35% 5.61% 5.34% Monthly Payment $1,554 $1,831 $1,941 Source: KW Research Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 15
  • 16. POWERING NEW POSSIBILITIES Associates weigh in on eEdge SAVING TIME AND SELLING MORE terminology lacks the high-tech edge that characterizes As Darne Ridgley, associate with the Chattanooga what the system is all about, it very Downtown market center, sees it, what he learned in much describes the comprehensive, BOLD applies directly to eEdge: “Success is simple, just contract-to-close advantage of eEdge. not easy. “Every agent within Keller Williams “I’m responsible for eEdge training in my market now has some place to start,” center and we are one of the most positive market centers Armstrong emphasizes, adding that in the region about the potential for the system can be “as simple or as this new capability.” sophisticated as you need it to be.” As far as the myTransactions As far as the cost: “$15 is nothing portion: “Oh my gosh! I worked for putting a forms and electronic- three deals this week and I have not signature capability in place. On top had to leave my office once to get of that, we have access to an optimized Website that’s a signature. Earlier this week, I sat bringing in leads, as well as a framework for managing down with probably the least tech- and marketing to our contacts. eEdge is going to savvy agent in our market center, continue growing with the input of agents,” Armstrong and we worked through how to send says. an attachment via myTransactions. “Technology is changing at the speed of light, so this She got it, and it saved her a 45-minute trip. We’re very thing is never going to be static.” happy with the whole DotLoop portion and clients love it because it makes us appear to be on the leading edge." SIMPLIFYING AND STREAMLINING "myTransactions is the income-maintaining part of For Shari Gross, associate with the Destin (Fla.) market eEdge. What’s really going to make a difference to our center, the most powerful aspect of eEdge is the ability to business is the income-generating portion. I’m loving get clients and her sphere set up on marketing campaigns the lead capture capabilities. My buyer’s rep has put two that run automatically. “The first deals under contract since we got on eEdge." thing I did was get my past clients set Ridgley has figured out how to funnel buyer leads up on a 33-Touch campaign, and then into his eEdge account via Craigslist – a strategy that’s I edited the content to send another resulting in two to four leads every day. version out to affiliates and other members of my sphere. I love that FUSING FUNCTIONS INTO ONE SYSTEM people can search the MLS from my As a member of the Keller Williams Associate Technology site, and that all my leads are being Council (ATC), Ron Armstrong, associate with the funneled into one place. It’s also great Asheville (N.C.) market center, participated in the ATC that my assistant likes it, because that masterminds event that gave birth to eEdge. means she’s going to use it!” “We originally conceived of eEdge as ‘Your Business in a Box,’” Armstrong points out. And even though that 16 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 17. Dear Team, There are many ways every year that we gauge the success of Family Reunion. In 2011, we added two new ones: • The realization that the combined that has certainly been the case during for technology that no one else in the attendance at the national this transition phase. To those of you industry has. When completely rolled conventions of our major who have dug in, downloaded eEdge out, the technology will likely save you as competitors was less than the 101, attended classes, taught classes or much money in gas as you spend on this attendance at our one event even stepped up as your market center’s product. • Repeated citations by the fire marshal eEdge ambassadors, thank you for I’m really proud of this company for exceeding the capacity of a room your leadership, your energy and your for having the courage to tackle this during a breakout session! example. initiative. And I’m really proud of all A technological undertaking of this of you who have looked for, found and Flaunting fire safety was hardly our magnitude requires patience – as well embraced the benefits of something intention, and when we realized as perspective. As he’s done so many incredible and new for your business.” that interest in the eEdge breakouts times before, Shaun Rawls has risen exceeded our expectations, we quickly to the occasion with his characteristic Thank you, Shaun! We couldn’t agree scheduled duplicate sessions. Our clarity and perspective. Here’s an more! Yours in embracing the benefits experience following the launch of excerpt of what Shaun wrote a few of something incredible and new for eEdge made one point clear: we have weeks ago to members of the Rawls your business! entered into an exciting new chapter Group in Atlanta, Ga.: for Keller Williams Realty and for the entire real estate industry. “The launch of eEdge and the promise of What an enormous leap forward into what eEdge is certain to become is a gift the future you have challenged us with, of pioneering proportions. For $.50 a and what an extraordinary opportunity day, you and I will have a complete set Mary Tennant it’s been for all of us. With any new of technology tools never before seen in President and COO challenge, new leaders emerge, and the real estate industry – $15 per month Keller Williams Realty FROM CARy SyLvESTER, ExECUTIVE DIRECTOR OF TECHNOLOGY Did you know that within eEdge, you can easily set up distinct You’ll be directed to the “Contacts” page where you’ll need to click marketing campaigns for select groups within your data base? on the “Import/Export” link in the far right corner. From there, you’ll be Suppose you want to specifically target your high school alumni – or guided through an easy, three-step import process, and can manually add members of the Chamber of Commerce, or the Junior League, or your additional contacts to this group moving forward. LinkedIn contacts – here’s all you need to do: To stay on top of all great ideas for optimizing eEdge in your business, From the eEdge dashboard, click on “myContacts/Add a New go to http://mykw.kw.com/eedge and click on “Live Training” to sign up Contact.” Click on “Manage Group” in the top right, enter the name of for upcoming Webinars and to access archived training – on topics such the group and click SAVE. as how to set up groups! Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 17
  • 18. COMMERCIAL KINGPIN S T R I K E S REFERRAL GOLD Synergistic alliances boost sales David By Jennifer LeClaire A year ago, David Neault was skeptical about KW and industrial projects, Neault saw the potential in KW Commercial. A successful commercial broker at Coldwell Commercial, and is now actively involved in growing the Banker Commercial, Neault wasn’t interested in switching division. allegiances – but he didn’t mind receiving referrals that In Neault’s experience, the larger, entrenched firms tend agents at the Rancho Cucamonga market center in to shower recruits with the promise of lots of referrals California’s Inland Empire Region sent his way. that don’t pan out. “The truth is,” he says, “only a small “I thought I might get one or two referrals from the percentage of top agents at large firms are getting significant residential agents,” says Neault, who launched his career in referrals." With the KW Commercial model’s cap and the 1986. “But the referrals started coming in steadily, and I team-oriented culture, he explains, referrals from residential was surprised at the enthusiasm of Keller Williams agents. I agents tend to flow naturally. started to think more and more about taking Dave Skolnick, “Commercial agents are trained in a hypercompetitive, associate with the Rancho Cucamonga (Calif.) market dog-eat-dog scenario that wears you down over time,” center, up on his suggestion to launch a division of KW Neault says. “KW Commercial has a different culture – one Commercial in the Rancho Cucamonga office.” that’s focused on helping less experienced agents to grow Further discussions led to an offer to launch a regional in their careers, while boosting the referral base of more KW Commercial office that would serve a wider base of experienced agents." residential market centers. In July 2010, Neault officially Neault is a prime example. He recently received a referral signed on as the KW Commercial director at the Norco- from a Keller Williams residential agent at the Rancho Ontario market center. Cucamonga market center. The client wanted to purchase “I was at a crossroads in my career,” Neault explains. “I a motel in the region. The $3.85 million deal that Neault took a look at where my leads were coming from, and KW closed resulted in a $17,000 referral fee. Commercial’s business model was a good fit for me.” With “That deal was larger than any referred to me during a career that spans sales and acquisitions of commercial real my nine years with Coldwell Banker Commercial,” Neault estate and land, as well as leasing and development of office says, and he credits regional and market center leadership 18 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 19. The truth is only a small percentage of top agents at large firms are getting significant referrals. But with the KW Commercial model’s cap and the team-oriented culture, referrals from Photos by Ron Murray residential agents tend to flow naturally. Neault -David neault for encouraging commercial agents to attend sales meetings and work closely with residential agents to create a level of cooperation and synergy that is unmatched in the market. A member of the Commercial Leadership Council, Neault is on the front lines of helping to shape the future of KW Commercial in the Inland Empire Region. He’s involved in developing Regional Commercial Masterminds events, as well as local training, property exchange forums, small group masterminding and networking. “We’ve also embarked on developing national and international practice groups,” Neault says. “These groups will bring expertise from a national perspective to help on larger transactions, while serving to elevate KW Commercial’s profile in the market.” Neault is excited about the future of KW Commercial. From a personal standpoint, he’s committed to helping advance it in the region and build a committee that can establish standards of practice that are considered the best in the industry. “I want to be part of the growth,” Neault says. “I want to build an office in the Inland Empire that is well-respected and can compete on every level. I look forward to KW Commercial being the commercial real estate company of choice.” kw Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 19
  • 20. Photo by Mark Blinch 4 FRASER’S 20 top Success strategies from one of Toronto’s finest outfront 1 BE IN THE MOMENT. Don’t think ahead to your next interaction. Truly listen to what your client is saying or you may miss something very important. Second Quar ter 2011 • vol. 8 no. 2 2 Always remember that buying a home is the most IMPORTANT PURCHASE OF YOUR CLIENTS’ LIVES and can be very emotional. Keller Williams Realty
  • 21. Mid-course correction CONVERGING FACTORS REVEAL KW AS THE BEST CHOICE By Carla Jo Schaefer At the top of his game in Toronto, Kester Fraser came to a was the culture that proved most appealing. “Keller Williams life-changing realization last year: his future was with Keller has a great tradition of presenting proven business practices Williams Realty. and providing an environment where agents openly discuss So he left RE/MAX to join forces with the Toronto-Beach/ and share strategies. It is a transparent operation with an Riverdale market center – after 21 years in the business. agent-centric business model that focuses on cutting-edge, Joining him were his wife, Kimberly Doyle-Fraser, and sister, systems-based training,” Fraser observes. He adds, “The Lynn Fraser-Polifemi, who were both new to real estate. company offers an organized array of superior business Why Keller Williams and why now? “It was just the right systems that are easily accessible to all of their agents. As time.” Fraser says. “It wasn’t a spur-of-the-moment decision. a result, anyone from a rookie agent to a seasoned veteran I had been thinking about it for quite awhile, and had been can plug in and use established business systems that can discussing the possibility with Canadian Directors Diane substantially shrink the timelines in which their dreams are Mitchell and John Furber since 2007.” realized.” Mitchell and Furber had worked with Fraser at his former While Keller Williams Realty has much to offer Fraser company and “they believed that Keller Williams Realty and his team, he clearly brings a lot to the table too. “I have would be an excellent match for me, and would open up new seen ups and downs in the market, and have been able to opportunities,” Fraser explains. adapt to changing times. I know the Toronto market and His decision was also influenced by the fact that his wife have built a solid client base, having worked with builders, and sister had recently left the corporate world to become real mortgage companies and individuals.” Over the years, he estate agents. Both of them came from the financial services explains that he has been able to sharpen his focus on long- industry and a structured corporate environment. They were term relationships, rather than a mindset of moving from looking for a company that would allow them the flexibility one transaction to the next. “The real estate business is truly to realize their own vision and function as a team, but at the a relationship business. When interacting with clients, I same time, provide tools and resources to foster growth. “It don’t see it as a single transaction, but more as long-lasting was perfect timing for us to step back and evaluate which relationship.” company would better help us achieve our long-term goals,” Now that he and his team have hitched their star to Keller Fraser says. Williams Realty, the Toronto-Beach/Riverdale market center In choosing Keller Williams, Fraser notes that, ultimately, it is looking forward to a long-lasting relationship as well. kw 3 4 GO ABOVE AND BEYOND STAY IN TOUCH WITH YOUR PAST TO SERVE clients. Most good CLIENTS. Having your past clients work with agents seem capable of delivering you time and time again is great! What’s even 90 percent, but it is the final 10 better is when they endorse, promote and percent that sets you apart and refer you to their sphere of influence. develops long-term relationships. Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 21
  • 22. THE CITy OF KELLER(Ly) LOVE Keller Williams Realty ranks as top place to work in Philadelphia A great workplace is one that inspires its employees and provides them with a great work environment, according to Workplace Dynamics, a company that partners with leading publishers across the country to produce regional “Top Workplaces” lists. Their research shows that workers want to do work that matters, to give back, and “to be a part of something meaningful.” By Celesta Brown Late last year, Workplace Dynamics set out to survey 76,000 six categories of workplace strengths. “This confirms what we employees of 163 companies in the Greater Philadelphia area. already knew: Keller Williams is an awesome company that Included in the survey footprint were 22 Keller Williams deserves recognition throughout the real estate industry and market centers and 2,122 agents and staff. Workplace the entire business world,” McCarthy enthusiastically reports. Dynamics sent an email questionnaire to all the agents in “We have great leadership in this company and they mean those market centers with a kw.com email address and a what they say: Keller Williams is a company that puts its paper questionnaire was mailed to those without one. The agents first.” The survey results show that the agents and survey, which had 25 detailed questions, covered categories employees believe the company is doing just that. such as satisfaction, direction, career, work conditions, Ed Fordyce, team leader of the Exton (Pa.) market center leadership and compensation. Respondents rated the – the market center that was featured in an Inquirer story company by responding to statements about key workplace about the award – adds, “It's all about the agents. We are here issues. to develop individuals to be the best that they can be with In March of this year, the Philadelphia Inquirer published no ceiling. Both an agent brand-new to the business and a the results: Keller Williams Realty emerged as the highest- seasoned agent has the opportunity to grow into a leadership ranked large company in Philadelphia, trouncing other big position if they choose to or grow their real estate team to names such as Campbell’s Soup, Pricewaterhouse Coopers great heights.” and The Vanguard Group. McCarthy chimes in. “Locally, we offer affordable training “We don’t know the exact score in all the categories, but and we encourage agents to bring a recruit to training for we are told that we blew other companies out of the water!” free.” He says that there’s no for-profit training. All the says Mike McCarthy, regional director for the Greater money goes back into the market center and into special Pennsylvania Region. events for the agents. “We are constantly working to make Keller Williams Realty scored unusually high marks in all sure their costs are kept to the bare minimum.” 22 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 23. All the positive energy is attracting top talent in the area. People can’t help but be drawn to what Fordyce calls a nonstop “environment and culture of support, education and vision that is not found in other companies or industries.” Philadelphia’s agents and market centers are busy putting the Top Workplace recognition and logo to work. They will be using the logo on email signatures, business cards, Web pages and in marketing materials and collateral. Reprints of the list showing Keller Williams in the coveted No. 1 spot will be included in listing packages and recruiting material, and a full-page ad thanking the agents for making the award happen is running in the Top Workplace section of the Inquirer, which has a readership of more than 2 million. “Receiving this award also validates to potential home buyers and sellers that our agents are happy and confident and are great to do business with,” says McCarthy. “Helping them leverage the Top Workplace recognition is another way we can help them grow their businesses, which is everything we are about. We just love our agents and want to see them succeed.” kw Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 23
  • 24. PERSPECTIVE ON THE BIG PICTURE! KW Market Navigator: Vision and Opportunities 2011 encompasses Gary Keller’s vision for the real estate market, including a DVD of his Vision Speech from Family Reunion 2011 and KW Research’s market-leading studies. A powerful resource to: • Sharpen your expertise • Enhance your presentations • Build your profit share tree Put the Market Navigator 2011 to work for you right now! Special pricing for KW associates! To place your order, go to http://www.millionairesystems.com and click on KW Market Navigator 24 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 25. Alliance Building Tapping the kind of connections that strengthen your value proposition By Anthony Azar, President, Strategic Business Alliances, Keller Williams Realty, Inc. Variations on the same question are we’ve established. While many real Keller Williams Strategic frequently asked of home buyers and estate brokerages have jumped on joint Business Alliances Division sellers, and the answer is consistently, venture opportunities and marketing iN ACTiON! “yes.” service agreements as a means to boost A new opportunity from CitiMortgage. Clients want us to be connected and their bottom lines, we believe that to make the home-buying process as mindset is the most important piece convenient as possible for them through of successful vendor relationships. The trusted relationships with mortgage, most productive alliances result from title, home warranty, insurance and an integrated, holistic view of the real closing/escrow companies (Strategic estate transaction and the entire client As part of our relationship with Alliances). In fact, from the consumers’ relationship. CitiMortgage, Keller Williams point of view, the concept of “one- To that end, our focus is twofold: associates have a unique opportunity stop shopping” became increasingly • ield Keller Williams Realty’s W to help thousands of homeowners on attractive as obtaining financing and influence and leverage as the second- closing on a home became increasingly largest real estate company in the the verge of foreclosure. challenging. United States to identify best-in-class CitiMortgage has launched a providers and negotiate tailored, and marketing campaign to delinquent in some cases exclusive, benefits for The most productive our associates’ clients, our associates mortgage holders who do not qualify to stay in their houses, encouraging alliances result themselves, and our market centers. them to consider a short sale as a • evelop the systems and models that D from an integrated, market centers can use in order to solution to their mortgage hardship. optimize their individual strategic Select Keller Williams associates holistic view of alliance relationships. will now have the opportunity to be the real estate Solid strategic alliances promise positioned with these homeowners as a wide range of benefits for Keller a resource for listing and completing transaction and Williams associates, market center their short sale. leadership and the clients we serve. the entire client Our overriding caveat moving forward: consult with a RESPA attorney. RESPA To learn more, go to relationship. is a vague and complicated statute, (http://apps.kw.com/shortsale), and the alliances that are formed at and be sure to update your Keller That was the impetus behind the the market center level are subject to creation of Keller Williams Realty’s different regulatory interpretations at Williams White Pages profile to reflect Strategic Business Alliances division the federal, state and local level. your correct designations and contact last year, and it’s the focus that has information. driven every new relationship that Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 25
  • 26. TOP50 PRODUCING TEAMS* * BASED ON TRANSMITTALS RECEIVED FOR THE FIRST QUARTER (JAN. THROUGH MARCH) 2011. CLOSED TRANSACTIONS IDENTIFIED WITH THE SPECIFIC TEAM. Name City, State GCI Units 1 Seybert Team Henderson, Nev. $598,753.08 221 2 The Kendra Todd Group Seattle, Wash. $597,410.90 77 3 Joe Rothchild Realty Katy, Texas $539,065.71 114 4 Ben KinneyHome 4 Investment Team Bellingham, Wash. $538,775.95 126 5 Harper Sells Houses Puyallup, Wash. $447,683.94 95 6 Rushforth Team Ottawa, Ontario $443,275.17 56 7 McCarty Team Marco Island, Fla. $441,351.67 27 8 Marnie Bennett Ottawa, Ontario $415,116.35 42 9 Charlotte Thomas Team Riverton, Utah $409,819.09 89 10 Tricia Fox Group Chicago, Ill. $401,018.63 36 11 The Heller Real Estate Group San Diego, Calif. $400,569.38 32 12 The Tello Team Pembroke Pines, Fla. $397,963.43 130 13 Jennifer Young Team Chantilly, Va. $386,532.07 59 14 Mercury Alliance Colorado Broomfield, Colo. $378,511.80 65 15 The Jesse Herfel Group Mesa, Ariz. $377,318.81 155 16 D & S Team Miami Beach, Fla. $374,865.50 13 17 The Brett Tanner Team Phoenix, Ariz. $369,917.25 126 18 Rhodes Team Dallas, Texas $367,479.77 60 19 The Marshall Group Salt Lake City, Utah $364,538.09 79 20 The Hardy Team Prescott, Ariz. $364,034.44 108 21 The Sue Adler Team Summit, N.J. $363,213.25 20 22 Carol Royse Lifestyle Team Tempe, Ariz. $356,487.72 113 23 WestOne Properties LLC Portland, Ore. $355,251.13 46 24 The Capalbo Group Manassas, Va. $344,586.88 38 25 Kevin Blain Team Visalia, Calif. $340,895.81 98 26 Kenny Klaus Team Mesa, Ariz. $332,646.43 95 27 Bizzy Blondes Marina del Rey, Calif. $330,591.86 20 28 Legacy Asset Management San Antonio, Texas $321,751.54 94 29 Philbeck and Associates Orlando, Fla. $317,866.29 131 30 Brenkus Team Henderson, Nev. $315,782.35 91 31 The Kink Team The Woodlands, Texas $311,172.54 18 32 Big City Properties Katy, Texas $310,705.59 99 33 Christine & Walter Delgado Tampa, Fla. $293,693.44 122 34 Cesi Pagano Team Mission Viejo, Calif. $290,841.51 30 35 Team Michael Rancho Mirage, Calif. $287,989.37 54 36 Home Resource Group Cedar Park, Calif. $286,129.62 59 37 The Norberg Group La Mesa, Calif. $284,144.84 19 38 Eng-Garcia Washington, D.C. $281,386.23 25 39 Kirby Properties, Inc. Reno, Nev. $278,086.33 92 40 The Got Real Estate Team Fort Collins, Colo. $269,166.86 62 41 Core Group LA Los Angeles, Calif. $267,349.08 13 42 The Monaghan Group Glendale, Ariz. $265,260.75 134 43 The Stephen Cooley Team Fort Mill, S.C. $263,355.55 51 44 The Ida Terbet Team Raleigh, N.C. $262,898.87 28 45 The Jan Richey Team Frisco, Texas $261,389.50 17 46 Bocage Team Fremont, Calif. $257,698.25 38 47 The Elias Team Temecula, Calif. $256,838.50 18 48 McCormick Team Palo Alto, Calif. $254,277.19 6 49 The Rugolo Team Scottsdale, Ariz. $252,373.43 80 50 Team Dettman La Quinta, Calif. $247,080.00 19 26 outfront Second Quar ter 2011 • vol. 8 no. 2 Keller Williams Realty
  • 27. TOP15 TOP10 STAKEHOLDERS** **AGENTS WITH THE MOST GROWTH AT THE FIRST LEVEL OF THEIR PROFIT SHARE TREE. FIRST QUARTER (JAN. THROUGH MARCH) 2011 Agents Name Region Market Center Sponsored 1 Jose Fleming Florida-North Southwest Orlando 32 2 Dulce Harris Texas-South Signature 19 3 Linda Avery Southeast Atlanta - Perimeter East 17 4 Shawn Kelsey Greater - Heartland St. Charles, Mo. 14 5 Franci Morrione Greater - Pennsylvania Blue Bell 11 6 Tracy Jennerjohn North Central Elm Grove 10 7 Barbara Tattersall New England Bedford-Manchester 8 8 Sondra Parker Ohio Valley Cincinnati-Hyde Park/Mariemont 8 9 Randy Cooney Southwest Scottsdale - Southwest 7 10 Kathleen Rita Kelly Greater - Pennsylvania Media 6 ***CALCULATED BASED ON ANCILLARY AND TAX-ADJUSTED PROFIT. FIRST QUARTER (JAN. THROUGH MARCH) 2011 MONEYMAKERS*** Ancillary and Market Center OP TL MCA Tax-Adjusted Profit 1 Roseville Wayne Hall p Patrick W. Woods Chris Apsley $145,640.20 2 Bonita Springs Jim Murphy p Joe Harris Niki Zenczak $115,035.61 3 Austin Southwest Mary Tennant p Diane Johnson Sherie Pfister $105,900.23 p Melanie Kennemann 4 The Woodlands Judith Hopkins p Diane Flicker Christopher Webster $89,273.16 5 Hollywood Hills Rick Dergan p Gary Reavis Carmen Guevara $84,449.24 6 Greater Portland Dottie Bowe p Katie Manchester Sharon Kimball $79,830.33 7 Grand Rapids East p Karol Cooley Jon Jackson Lynne Heinz $79,364.97 8 Austin Northwest Mary Tennant Gene Frederick Linda Timmerman $77,995.88 9 Heritage Mark Willis Craig Owen Anna Reiswig $75,398.07 10 Toronto-Beach/Riverdale p Diane Mitchell p Dan Corcoran Jeannette Seguin $72,704.76 11 Houston Katy Gayle Huffman Fred Wright Echo Guo $70,227.12 12 Bedford-Manchester Alan Rice p Mark Mulcahy Debi Levine $67,256.94 13 Charlotte - South Park Ed Arrington p Amy Hawke Star Waddell $64,272.51 14 Bucks County South p Paul Allen Debra Breen Dawn Myers $59,874.39 15 Bayside, Queens Louis Cardenas Allison Gambone George Herrera $58,737.03 ****CALCULATED BASED ON KW OWNER PROFIT. FIRST QUARTER (JAN. THROUGH MARCH) 2011 MONEYMAKERS**** Market Center OP TL MCA KW Owner Profit TOP15 1 Roseville Wayne Hall p Patrick W. Woods Chris Apsley $105,026.30 2 Atlanta - Sandy Springs Shaun Rawls p Steve Kout Kenneth Gardner $84,355.56 3 Bonita Springs Jim Murphy p Joe Harris Niki Zenczak $82,779.34 4 Greater Portland Dottie Bowe p Katie Manchester Sharon Kimball $81,130.94 5 Austin Southwest Mary Tennant p Diane Johnson Sherie Pfister $74,363.80 p Melanie Kennemann 6 Hollywood Hills Rick Dergan p Gary Reavis Carmen Guevara $70,087.34 7 Summit Cara Moxley p Debbie Meckbach Joanne Morgenroth $68,412.42 8 Arlington Beverly Wells Smokey Garrett Holly Serben $68,308.04 9 Heritage Mark Willis Craig Owen Anna Reiswig $63,668.07 10 Ballantyne Area Brenda Benson p Ann Yountz Lynn Davis $63,636.71 11 Grand Rapids East p Karol Cooley Jon Jackson Lynne Heinz $63,428.91 12 Charlotte - South Park Ed Arrington Amy Hawke Star Waddell $61,872.51 13 San Antonio IH-10 Mark Willis Wendi Harrelson Bruce Mays $60,058.64 14 Toronto-Beach/Riverdale p Diane Mitchell p Dan Corcoran Jeannette Seguin $59,506.84 15 Bedford-Manchester p Alan Rice p Mark Mulcahy Debi Levine $58,783.86 p Enrolled in MAPS Mastery Coaching Keller Williams Realty Second Quar ter 2011 • vol. 8 no. 2 outfront 27