Multi-tiered revenue sharing program promotes recruiting and retaining sales force
Multi-tiered revenue sharing program promotes recruiting and retaining sales force
RISMEDIA, December 6, 2006? Recognized by Realtor? Magazine as one of the fastest growing real estate franchises in the United States, Avalar’s unique revenue sharing system is its primary industry differentiator. The Path to Success? program was submitted to the United States Patent and Trademark Office in March of 2002, and as of October 2006, Avalar is pleased to announce that its revenue sharing program, Path to Success?, is awarded U.S. Patent Number 7,149,707.
Avalar’s unique multi-tiered revenue sharing program promotes recruiting and retaining a sales force while compensating its members for building the Avalar organization. The Path to Success program provides its members a method to earn immediate residual income as well as retirement entitlements for life.
In a crowded real estate franchise market, Avalar continues to distinguish itself by offering dynamic flexibility to the 21st century real estate brokerages. Unlike traditional franchises that focus on expanding the franchisor’s brand name, Avalar has taken the initiative to assist its franchisees to create an agent-centric environment of success through recruiting productive salespeople and staff.
Avalar continues to differentiate itself based on the programs, support, systems, flexibility and independence it offers their franchisees. Avalar also offers existing real estate firms the opportunity to align itself with Avalar, maintaining their present company name, but now has the revenue sharing benefit to offer their staff. Providing franchisees the flexibility of not having to adopt the trademarked Avalar identity is a perceived bonus to independent brokers because they can take advantage of Avalar’s growth strategies while not disrupting their current identity, market share, compensation programs or existing culture. Their mission is to create an agent-driven real estate services network that empowers its sales people through independence and long-term financial stability.
At a cost of $15,000 an Avalar franchise is awarded for a five-year term and may be renewed at no additional cost to the franchisee. Upon signing, new franchisees receive a comprehensive package with complete back office management software, graphic standards, Web pages, Intranet access, recruiting programs, prospecting tools and templates, agent training and mentoring programs, and much more.
Avalar differentiates itself from other real estate franchise systems in the residual income sector in several ways. In comparison to the profit sharing model, Avalar’s Path to Success is based upon gross commission income (GCI), not bottom line office profits, therefore Avalar provides its members with an ?actual? residual income from dollars generated off the top. Additionally, the period for which a member earns retirement entitlements is based on a seven-year term. Avalar believes that the longer a salesperson stays with the company the more the franchisee and salesperson benefit.
Path to Success has been a key component to Avalar’s explosive 73% growth this past fiscal year and has increased its revenue sharing distribution to over $1.5 million in the past twelve months.
Avalar’s revenue sharing system is a multidimensional seven-level program that offers revenue sharing payouts on the gross commission income per level. This leads to exponential growth to all Avalar members who recruit other successful individuals into their local office, and anywhere in North America. The possible exponential earnings will span an agent?s career and provide residual income long into his/her retirement years.
Furthermore, the Avalar model provides value added to franchise owners by reducing management?s time and expense in setting up and maintaining a recruiting program. Additionally, the mentoring of salespeople to an office can often times be taken over by the person who sponsored the new agent. For broker/owners Avalar is an excellent exit strategy for those who are considering a sale of their firm in the future. Continuing their participation in the Avalar revenue sharing program can make up a valuable part of a retirement strategy by providing a lifetime of residual income derived from the company they built up, but no longer own.
Avalar further distinguishes itself from other franchises by not requiring its franchisee to adopt a fixed compensation model. Avalar encourages customizing salesperson compensation plans based upon office size and most importantly local market conditions. This flexibility enables franchise owners to be successful no matter the size of their firm. Maintaining autonomy on the local level also allows brokers to compete in their market by offering similar compensation programs, while in the Avalar system.
Avalar believes they are the only real estate franchise in North America that offers all new franchisees a one-year money-back guarantee. This guarantee allows new franchisees the opportunity to utilize the tools and systems of Avalar, ensuring the program provides the growth and success opportunities the franchisee desires.
Avalar’s Founder and Chief Executive Office, Chuck Scoble stated ?Securing this patent has been the utmost strategic imperative for Avalar, ever since its submittal to the United States Patent office in 2002. I am thrilled the United States Patent and Trademark Office has acknowledged the unique nature of our Path to Success program and decided to award us this important piece of intellectual property. This patent highlights the competitive advantage Avalar affords its franchisees and provides them tremendous value and a truly unique selling point in recruiting and retaining agents and employees.
This awarded patent will assist Avalar highlight their unique features in its ongoing expansion throughout US markets. Avalar has been awarding forward thinking brokers this unique franchise opportunity since 2002, and as of November, 2006, there are 128 locations in 18 states. In addition to awarding individual office franchises, Avalar has designed a master franchise program to help provide training, marketing, and franchise support across North America. Only three master franchises have been awarded as of November, 2006, however an additional five master franchises are scheduled to be awarded in 2007.
For more information, visit www.avalar.biz.
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