Modified 11.17.15 1 There are Four Unique Principles of Weidel Selling 1. Stop Selling! Start creating value. 2. Business Strategy: Focus primarily on people who know you. 3. Customer Centric: It’s all about them, not about you. 4. Personal Mastery: When you get better, your business gets better. Five Ways to Increase your Income Per Hour 1. Increase average sale price, your fee, or both 2. Become a stronger lister 3. Focus on people you know 4. Focus on the vital few – the 20% of the things that make you 80% of the money 5. Focus on the overflow – getting deals from current deals 2 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents This Stuff Works! What we know about real estate • 70% of buyers and sellers work with someone from their sphere or a referral from their sphere • People prefer to work with people they: • • • • Know Like Trust And are in the Flow with • FLOW = Frequency of Interaction • The Challenge: The average person knows 10 Realtors • The Best FLOW: • Conversion Ratios (source: National Association of REALTORS® Cold direct mail Cold internet lead generation Cold phone solicitation (illegal) 2,000:1 1,600:1 500:1 Door knocking Personal contact with friends 100:1 Ad calls 25:1 Sign calls 20:1 50:1 • Valuable (solves a problem / feels good) • Customized Open houses 15:1 • Personalized Walk-ins 10:1 • A combination of art and science Past buyers 9:1 Past sellers 4:1 Referrals 3:2 Realtors underestimate the amount of contact required One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents 3 How to Make More Money Three Keys to Success 1) Mindset 2) Skillset 3) Actions Three Things Holding You Back 1) Negative Thinking 2) Distractions 3) Lack of Progress 4 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Who is Weidel? A full-service real estate services, sales and marketing firm with vision, direction and strong leadership built on a 100-year foundation Nationally: Locally: More home sales annually than any Hundreds of agents covering NJ and PA national franchise and tens of billions in home sales • Over one million transactions valued at $321 billion in annual home sales Luxury: Weidel and Luxury Portfolio International • 3,500 affiliated offices sell more $1 million-plus residences than • 120,000 affiliated sales- associates any other luxury real estate organization • Over 50 countries 5 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Who is Weidel? continued Full Service Real Estate Company • Residential Brokerage • Commercial Leasing • Wholly Owned Mortgage • Private Equity Fund Company: partnered with real estate companies who Management / Investment • Real Estate Education: together transact over $2.0Bn licensing and professional annually training (over 4,000 new • Wholly Owned Title Company agents in last 10 years) • Insurance • Commercial Brokerage Multifamily Retail Industrial / Warehouse 6 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Community Partners Program We take an active and compassionate approach to our partners, clients, agents and the communities where we live and work. The Weidel Community Partners Program is our philanthropic arm to give back to our clients and to the communities of which we are proud to have served for over 100 years. The program works closely with charitable organizations in our communities to support them financially and to help them with leadership training, fundraising, sales and marketing and community involvement. 7 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Weidel-Leading RE Sells More Homes Than Any Other Real Estate Company • Weidel-Leading RE sold over $321Bn in 2014 • 3,500 offices, 120,000 sales associates • Over 1.2 million home sale transactions annually, more than any real estate network • Member companies operating in over 50 countries around the globe • The #1 market share in 40 of the top 100 U.S. markets #1 Market Share in the U.S. 8 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents 9 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Exclusive Member of Luxury Portfolio International Weidel, as an exclusive member of Luxury Portfolio International, is unmatched in the global luxury arena, with properties in over 47 states in the US and almost 50 countries. Together, we sell more $1 million-plus residences than any other luxury real estate organization. Our brand is recognized throughout the world as the luxury standard of excellence. 10 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Global Connections, Powerful Marketing • WE MARKET PROPERTIES TO THE WORLD. When selling your client’s home, you need global exposure in addition to the strong marketing expertise we deliver locally. • Weidel-LeadingRE have the resources to market properties to the highest possible number of potential buyers. With 120,000 talented associates around the world, we expose your client’s property to buyers on six continents ensuring more eyes on your property. In addition, we receive inbound clients from other affiliates around the globe who are interested in purchasing 120,000 TALENTED SALES a home. ASSOCIATES AROUND THE GLOBE ENSURE • Weidel-LeadingRE are responsible for over one million transactions on a global basis. When your home is posted to our website locally, it is immediately promoted on the LeadingRE.com website. It is also MORE EYES ON YOUR PROPERTY immediately connected to the websites of over 500 of our affiliated real estate firms in the world. One Million Transactions Annually • $321 Billion in Annual Home Sales 11 • 120,000 Agents World-Class Service, World-Class Introductions • We can assist clients anywhere in the world. Weidel has access to the highest caliber of real estate professionals in over 50 countries and across six continents. When buying or selling property outside of our local market, our world-class connections can help with real estate needs throughout our continent and to points around the globe. • Our sales associates provide clients with extraordinary service — anywhere their real estate needs take them. Our global network is comprised of the most talented professionals in the world. These associates ensure personal service with access to quality real estate connections. This extraordinary level of service and quality is the reason why a meaningful introduction is made through our network every five minutes. Million Transactions Annually One MillionOne Transactions Annually • $321 in Annual Home Sales $321Billion Billion in Home ales 12 • 120,000Agents Agents 120,000 EXECUTIVE TEAM Richard Weidel, Jr. President/CEO Rich Weidel, III Vice President, Business Development BUSINESS DEVELOPMENT OPERATIONS Corporate Lead Generation Commissions (Profit-Power) Internet Lead Generation Risk Management Community Partnerships Payroll Relocation Benefit Management REO Transaction Document Management (Sky-Slope) Referral (Incoming/Outgoing) Social Media Sign and Marketing Material Acquisition and Delivery Emily Kettenburg Vice President, Sales Jeanne Bodinson Controller CREATIVE SERVICES/ MARKETING (IN-HOUSE) Sales and Marketing Real Estate law Human Resources Technology Support Personnel (2 full-time) Corporate Branding Computers/Phones Agent Marketing Intranet Property Marketing Agent Software/Hardware Integration Graphic Design Copiers/Scanners/Printers Marketing Communications Technology Training/Adoption and Recommendations Social Media Campaigns Licensing TECHNOLOGY SERVICES Community Events (65+ annually) Website (Moxi Works) CRM/Database Management Newspaper Advertising REAL ESTATE OFFICES (12) TRAINING REAL ESTATE SCHOOL Branch Manager/Team Leader Pro-Start (2wk agent boot camp) Fully Licensed (NJ/PA) Admin./Processor (Full-time) Institute (Over 300 online courses) Sales Associate and Broker Licensing Agents Weekly Sales Meetings Graduates (Over 4,000 students in last 10 years) Professional Training Materials 13 Weidel is a Training-Oriented Sales and Marketing Firm Core Values • Tradition • Innovation • Integrity • Community • Performance • Reliable • Resourceful • Honest • Uncompromising Service • Excellence is to be Expected 14 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Agent Resources Management Information Systems • Profit Power (Production Management Reporting System) • Commission Disbursement Weidel.net (Real Estate Real Easy) • Contracts and Business Forms online • SkySlope (paperless transaction Management system with Digi Sign) • Agent and property marketing • Institute 2.0 (24/7 online training and continuing education) Seller Services Presentation Materials • Printed and Digital Presentation Formats Media Advertising • Web Site Presence • Ad Shell Design • Press Release • Event coordination • Social Media Marketing materials • Agent Web Sites • Promotional Items • World-class property marketing 15 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Moxi Works Moxi Works, a new, unique real estate technology that merges a customer relationship management platform, email marketing, listing presentation tool, intranet and your agent website into one platform. It delivers a sphere-based selling discipline so you do the right thing at the right time, dramatically increasing new, repeat and referral business. 16 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Agent Training - Institute Institute is a robust online learning system designed to strategically help you learn, communicate and do business in entirely new ways. With an engaging, collaborative environment, Institute offers role-based, just-in-time learning modules with succinct, relevant content tied to specific agent and objectives. • Top names in the business: Ninja, Mike Staver, Steve Harney, Matthew Ferrara • 250+ courses • Short, succinct (most are 8 minutes or less) • Typical format is short video, interaction, short video, short quiz • Accessible on all devices, mobile enabled • Syllabi and search function to assist in finding courses quickly • Institute remembers what courses you’ve taken, where you stopped, what youve finished… and even sends reminder emails 17 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Empowering Clients Through World-Class Property Analytics 18 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Industry Leading Advertising 19 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Agent Focused Marketing 20 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents Video Marketing – Sell Yourself! 21 One Million Transactions Annually • $321 Billion in Annual Home Sales • 120,000 Agents