Affinity Partners for Real Estate Services CENTURY 21 Mike Bowman, Inc Affinity Partners for Real Estate Services MEETING AGENDA CENTURY 21 Affinity MORE program overview • Introduction to CENTURY 21Mike Bowman, Inc. • Introduction to CENTURY 21 Real Estate LLC • Why Affinity Partnership will work for you? • Timeline to Launch an Affinity program • Our next step together? CENTURY 21 Mike Bowman, Inc. Introduction to… CENTURY 21 Mike Bowman, Inc. 4101 William D. Tate Road Grapevine, TX 76051 Serving the DFW area CENTURY 21 Mike Bowman, Inc. Welcome to CENTURY 21 Mike Bowman, Inc. CENTURY 21 Mike Bowman, Inc. is a full service real estate company located in Grapevine, Texas. Established in 1969, our company has received numerous awards, including the honor of the being the only brokerage in the history of the CENTURY 21 system to be named the No. 1 office in the world in closed transactions 14 times! In 2011 we received the highest honor being recognized as the #1 office in the World for total Closed Transactions. With over 150 agents, we are ready to assist your employees with all their real estate needs in the Dallas Fort Worth area and with a Broker Network of over 4,500 companies we can support all your clients needs anywhere in the world. CENTURY 21 Mike Bowman, Inc. is part of the CENTURY 21® worldwide network and is also part of the Realogy Broker Network around the world. Realogy is still responsible for 1 out of 4 sold real estate transactions in the United States! CENTURY 21 Mike Bowman, Inc. Our goal with the CENTURY 21 Mike Bowman, Inc. Affinity program is to provide incredible professional real estate service to your employees and keep them as a focal point to the program. Our Pledge: When any employee buys or sells real estate through our CENTURY 21® family, we will work to ensure that your employee receives the best service possible and will be treated with integrity and honesty. Besides our professional service, we will also other cash back incentives and business benefit discounts once the real estate transaction has closed. * We customize each affinity program to partner with you as an advocate of your business organization to your members. We follow your lead in creating an affinity program together with your business needs in mind in order to create a “win-win” program. CENTURY 21 Mike Bowman, Inc. Creating a Local Real Estate Affinity Partnership with CENTURY 21® has it’s ADVANTAGES. • local knowledge of the real estate market, conditions and consumer needs provided to your employee/member. • Promotion and marketing of the real estate affinity program would have better recognition on a local level and gain higher affinity consumer usage. (Raising lead percentage numbers) • Affinity lead sharing can be customized to share lending leads in the branches of the members. (Easier to customize your program) Cash back incentive bonus schedule presented. • CENTURY 21® Business Benefit Discount Partners decided for the program (Partner list will be provided) • Affinity Partner to share their affinity program needs and customized those accordingly. CENTURY 21 Mike Bowman, Inc. Our Commitment to You Seller Service Pledge As an independently owned and operated CENTURY 21® Office, we are dedicated to providing you with service that is professional, courteous and responsive in helping you market your property. To fulfill this commitment, we will: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. Dedicate ourselves to making the process of selling your home as easy and successful as possible Respect you and your needs and be honest and forthright, in accordance with Fair Housing regulations and ethical real estate practices Hold your best interests in the highest regard throughout the process Value and respect your time, being as efficient and effective as possible Understand your needs and respond quickly Utilize my knowledge, resources and training to best serve you Provide regular progress reports throughout the process and discuss with you comments received about your property Explain each step of the process and act as a guide to help you make informed decisions Make recommendations to enhance the marketability of your property Utilize a written Competitive Market Analysis and local market information to help you set an appropriate listing price to sell your home and receive the value it deserves Review various financing alternatives Develop, present and agree upon a customized marketing plan that will detail specific promotional efforts to help best market your property Place the internationally recognized CENTURY 21 yard sign on your property, with your permission and subject to local ordinances Post your property on century21.com, a site which receives millions of visitors each month Explain local real estate procedures and regulations Show your property to potential buyers Utilize the CENTURY 21 System’s vast online resources to expose your property to potential buyers around the world Utilize the CENTURY 21 System to help you obtain the results you deserve, including leveraging our network of more than 8,000 offices worldwide Submit to you all written offers, assist with negotiations, and provide an estimate of your net sales proceeds, so you understand all implications prior to the acceptance of any offer Upon acceptance of an offer by you, pre-settlement (escrow) activities throughout the closing process will be monitored as permitted by law or local practice Assist you in finding your next home, or offer to refer you to another CENTURY 21 Office in another location CENTURY 21 Mike Bowman, Inc. Attracting Buyers We have an aggressive strategy for attracting home buyers to our listings. By distributing your listing information, along with photographs, to a wide array of consumer websites, we maximize every opportunity to attract qualified buyers. In addition, you will have a clear view of the results of your property’s online exposure. Detailed marketing reports will provide you with valuable feedback on the traffic your property is receiving from online real estate consumers! Did you know... • 90% of home buyers use the internet to search for a new home* • 38 million home buyers search the internet each month for real estate information* • One in three buyers find the house they ultimately purchase on the internet* We get your property noticed! *2010 National Association of Realtors Profile of Home Buyers and Sellers CENTURY 21 Mike Bowman, Inc. As CENTURY 21® professionals we will... Provide you with professional, personalized service Monitor details and coordinate marketing activities for the sale of your home Show your property to qualified buyers Present all written offers Facilitate the closing Our proven Marketing System also offers traditional and proprietary marketing tools, systems and services to help get your home sold, including: CENTURY 21 Internet Marketing Program: www.century21.com www.century21espanol.com Neighborhood Profiles Targeted E-mail Communication Social Media Website - Facebook - Twitter - YouTube - Flickr Marketing Website Listing Distribution Network National Advertising Local Advertising Global Referral Network Seller Service Pledge® Mortgage℠ Services Preferred Client Club Marketing Direct Mail Marketing Fine Homes & Estates Digital Magazine Buyer lead distribution program (LeadRouter) Client lead reporting tool (Golden Ruler) CENTURY 21 Mike Bowman, Inc. Service, Service, Service… Affinity MORE: High Touch Customer Service CENTURY 21 Mike Bowman, Inc. Keeping Your Seller Informed 3 5 2 Online Marketing Summary 10 Our exclusive "Golden Ruler" tool is a listing measurement device that provides reports on the number of consumer views and leads on your online property listing. Your organization member will always be “in-the-know” CENTURY 21 Real Estate, LLC Introduction to… CENTURY 21 Real Estate LLC CENTURY 21 Real Estate LLC CENTURY 21® at a Glance There are many realty signs on front lawns these days, but only one can offer representation in over 73 countries through a network of more than 120,000 real estate professionals. • • • • • Founded in 1971 (40 Year Anniversary) Part of the Realogy Franchise Group (Responsible for 1 out of 4 real estate transaction in the U.S.A.) Century 21 Real Estate LLC is the franchisor of the world's largest residential real estate sales organization. Operate in approximately 7,900 offices around the world Considered “the most recognized name in real estate,”* ours is the brand that comes to mind most when consumers think of real estate services We strive every day to better understand your needs to help you complete a successful transaction for your home. We embrace your goals as our own. This is why the CENTURY 21® System is “The Gold Standard.” * Source: 2010 Ad Tracking Study. The survey results are based on 1201 online interviews with a national random sample of adults (ages 18+) who are equal decision makers and who have bought or sold a home within the past two years or plan to purchase or sell a home within the next two years. Brand awareness questions are based on a sample of 1201 respondents at a 90% confidence level with a margin of error of +/-2.4%. The study was conducted between April 5 – October 31, 2010 by Millward Brown, a leading global market research organization. CENTURY 21 Real Estate LLC We Are A Global Brand CENTURY 21 Real Estate LLC An Industry Leader For the past decade, CENTURY 21® has reigned as the nation’s most recognized brand in real estate! Source: 2010 Ad Tracking Study. The survey results are based on 1201 online interviews with a national random sample of adults (ages 18+) who are equal decision makers and who have bought or sold a home within the past two years or plan to purchase or sell a home within the next two years. Brand awareness questions are based on a sample of 1201 respondents at a 90% confidence level with a margin of error of +/-2.4%. The study was conducted between April 5 – October 31, 2010 by Millward Brown, a leading global market research organization. CENTURY 21 Real Estate LLC Celebrating Three Decades of Caring For 30 years, the CENTURY 21® System has been a proud philanthropic partner of Easter Seals®. Our brokers, agents and employees have worked together to raise over $100 million in support of the Easter Seals mission: to help improve the lives of children and adults with disabilities. As one of Easter Seals’ largest corporate sponsors, the CENTURY 21® System is proud of the long-standing relationship we have with this charity. CLOSINGS FOR KIDS CENTURY 21® supports a program called “Closings for Kids”, where every one of our agents has the ability to sign up to donate a portion of their commission from every closing to their local Easter Seals Chapter. So when clients choose an agent who participates in Closings for Kids, they will be helping to support their local Easter Seals organization directly through their agent. CENTURY 21 Real Estate LLC Our Agents Stand Out from the Crowd • Knowledge • Attentiveness – CENTURY 21® Agents participate in extensive and ongoing formal training to keep us at the top of our field – CENTURY 21® Agents are great listeners focused on understanding your goals and dreams and providing you with relevant information • Responsiveness – CENTURY 21® Agents respond quickly and professionally as we manage all the details to achieve your goals UNPARALLELED AGENT EDUCATION Century 21 Real Estate LLC has a culture and history of having some of the best training programs available in the industry through its award-winning* CENTURY 21 Learning System®. CENTURY 21® Agents have access to a comprehensive suite of training and skill development programs, designed to help us stay at the top of our game. A TRUE PARTNER Real estate transactions are a big deal with many moving parts. The details can get unwieldy without the right support. CENTURY 21 ® Agents know that buying a home can be the culmination of a life-long dream, and will help you manage the details with the right support. *Training Magazines Top 125 for 7 of the last 10 years CENTURY 21 Real Estate LLC A Powerful Web Presence It’s an axiom as old as the industry itself - location is everything! That’s why we feature all of our listings on many of the Internet’s most visited real estate websites, including: CENTURY 21® listings are also displayed on most MLS-enabled real estate sites. Why Affinity Partnership Will Work for You? Why Affinity Partnership Will Work for You? Our Realogy Value Circle Realogy Corporation, the world’s largest Real Estate franchisor, a fortune 500 company, one out of four home transactions involve one of our brands. Cartus acquires Primacy Relocation, 2010 © 2011 Century 21 Real Estate LLC. All rights reserved Why Affinity Partnership Will Work for You? CENTURY 21 is an Alliance Partner based upon: 40 years of experience in real estate and relocation The MOST recognized name in real estate We are part of Realogy real state services (responsible for 1 out-of 4 real estate transactions in the USA) Commitment to excellence and quality service to our clients Local Affinity Network Select “best of the best” team of agents Single point of contact… seamless high touch customer service Trained/certified full time agents Acts as Affinity Partner’s advocate and resource Assists your employee in reviewing buying/selling strategies Technology/connectivity, updates and reporting Performance monitored monthly Consultant advocacy Added value service (no cost) to affinity customers Cash back bonus paid to affinity customer Paid within 30 days of closing date CENTURY 21 Business partner discount benefits i.e., Budget Rental Truck, Lowes, JC Penny, PODS, AmeriSpec, etc… Why Affinity Partnership Will Work for you? What are the potential leads of an affinity program? AFFINITY MEMBERSHIP LEAD CALCULATOR * To determine your potential lead calculation, enter your figures in the Lt. yellow boxes "only"… then see the results of the possible financial impact you could realize in the green boxes. Affinity Program membership base (Combined total of all Affinity Members ) Enter Your Data in Light Yellow 80,000 % of Affinity membership that moves annually (National Association of Realtors Statistic Average @ 6%) 6% 4,800 20% 960 50% 480 39% 187.20 Average % of Affinity Program usage (% Average depends on the m arketing of the program) Average leads generated (CARTUS % Average Statistic since 1989) Average closed transactions (CARTUS 2010 % Average Closing Statistics) Why Affinity Partnership Will Work for you? CENTURY 21 Business Benefit Partners • • CENTURY 21® has affinity business benefit partners that allows our affinity clients to use their professional nationwide services at discounts from 10% - 40%. In a Home & Move event, your employees/ members can save thousands of dollars! Why Affinity Partnership Will Work for you? CENTURY 21 Affinity Cash Back Benefits In addition to our Business Benefit Partner Discount program, CENTURY 21® has created an affinity “Cash Back” bonus program for our affinity consumers when they purchase/sell real estate through our company. Here is an example of a cash back schedule: Cash-back incentive (if you are a rebate state) based upon the sales price of the home CENTURY 21 issues cash back bonus within 4 weeks of closing a transaction No cost to participate CENTURY 21 will provide guidance and advocacy throughout the home buying / selling process 24/7 dedication of an “A” Team experience of staff and professional real estate agents Time saved and the stress of finding a home reduced Timeline to Launch an Affinity Program Affinity Partner Timeline… 4-8 weeks • Review Partner Needs • Review Program / Capabilities • Next steps Sales Process • Legal Review completed • Agreement finalized Agreement Signed • Identify Program Champion • Selection of program team • Program name finalized • Marketing Plan • Review Program best practices • Define / finalize program offering • Assign designated tasks • Launch date set • Web / Phone Setup • Marketing review • Training Affinity Team Implementation Best Practices Process • Announcements • Program launch occurs • Ongoing calls / meetings to review / reporting / marketing • Process Improvement as required Program Launch Our next steps together? Notes/Questions • • • • Develop our program attributes Establish affinity development contacts How often should we meet Set a desired launch date goal