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A PUBLIC ATION OF KE L L E R WI L L I AM S R E ALT Y, I N C .   M AY /J U N E 201 0 , VO L. 7 NO. 3




IT’S A SIGN OF THE TIMES
Worldwide Top Producer and Houston’s No.1 Team Comes Home to KW!




                                         Gary Keller on leadership - PG. 14
                                         New stakes for KW in the REO realm - PG. 17
                                         BOLD and BOLDER: MAPS launches
                                         course for leadership - PG. 18
                                         MEGA Camp is right around the corner! - PG. 27
2   outfront   May/June 2010 • vol. 7 no. 3   Keller Williams Realty
DEAR ASSOCIATES,

We set big goals in this company. And we’re

driven by the confidence that we have what it

takes to achieve those goals. So it’s not often

that our expectations are totally exceeded.

But that’s what happened when we saw         before,	now	is	the	time	to	commit	to	       and	closed	transactions	joined	forces	
our numbers for March.                       growth	by	implementing	all	recruiting	      with	us.	[See	cover	story	on	Page	6].	
                                             sources	to	gain	our	“unfair	share”	of 	     And	it	has	been	awesome	for	all	of 	
•	 We	added	eight	new	market	centers	to	     the	market.	ALCs:	sharpen	your	focus	       us	to	witness	what	happens	when	the	
end	March	with	677	offices.	                 on	growth!	Passionately	brainstorm	         Keller	Williams	opportunity	emerges	
•	 	We	grew	by	more	than	1,200	              action	plans	for	accountability	and	        big-time	in	another	market	where	our	
associates	to	end	March	with	77,261	         growth!	                                    company’s	impact	had	not	yet	been	felt.	
associates.                                  	 Remember	the	“15	in	5	Challenge”	–	       [See	“Conversion	breathes	new	life	into	
                                             three	cappers	every	year	for	five	years.	   careers,”	Page	9].	
	 As	I	write	this,	based	on	the	reported	    This	is	your	time	to	take	advantage	of 	    	 Our	momentum	has	never	been	
year-end	2009	numbers	for	Century	           the	life-changing	impact	that	passive	      greater,	and	there’s	never	been	a	better	
21	and	RE/MAX,	we	are	only	865	                                                          time	for	you	to	reach	out	and	extend	
associates	away	from	surpassing	Century	                                                 the	Keller	Williams	opportunity	to	your	
21	to	become	the	second-largest	real	                                                    sphere	of 	influence.	Ultimately,	it	all	
estate	company	in	the	United	States,	                                                    comes	down	to	you.	You	are	the	reason	
and	we’re	only	620	associates	away	from	                                                 why	agents	are	changing	to	Keller	
inching	out	RE/MAX	for	the	No.	3	                                                        Williams	Realty:	your	success,	your	
spot	for	all	of 	North	America.	By	the	                                                  integrity,	your	energy.	So	thank	you.
time	this	issue	of 	OutFront	is	printed	                                                 	 	What	drives	us	is	a	passion	to	see	you	
and	mailed	to	your	market	center,	the	                                                   achieve	your	biggest	goals	and	to	lead	a	
countdown	will	have	begun.	                                                              great	life.
	 This	announcement	thrills	us	because	                                                  	 So	as	the	real	estate	industry	buzz	
we’re	all	in	this	together,	and	it’s	just	                                               about	Keller	Williams	Realty	takes	on	an	
further	proof 	that	you	are	the	best	                                                    even	greater	pitch,	our	dream	is	that	you	
in	the	business.	Profit	share	grows	         income	through	profit	share	can	have	on	    are	putting	it	to	work	for	you!
as	Keller	Williams	Realty	grows,	and	        your	bottom	line.
that	was	certainly	true	in	March	when	       	 The	following	pages	present	              Yours	in	seizing	opportunity!
profit	share	shot	up	$2.3	million	over	      just	a	snapshot	of 	our	growth	and	
the	previous	month.	To	top	that	off,	        momentum.		Last	month,	Joe	Rothchild,	
profit	share	for	March	of 	2010	was	$1.8	    a	top-ranked	RE/MAX	franchisee	and	
million	higher	than	March	of 	2009!	         the	leader	of 	Houston’s	No.	1	selling	     Mark	Willis
	 This	is	our	time!	More	than	ever	          real	estate	team	in	both	dollar	volume	     CEO,	Keller	Williams	Realty




         Keller Williams Realty                       May/June 2010 • vol. 7 no. 3                                   outfront         3
table of contents                                                                                          vol. 7, no. 3 - May/June 2010

As your summer travel
plans take shape, make
sure that investing in
YOU and learning how
to UNLEASH YOUR
POWER doesn’t take a
                                                   05             ONLINE
                                                                  ADVANTAGE                                           06             HEAD-TURNING
                                                                                                                                     TRANSITION

back seat to the sand                              More visitors mean more                                             Why did the leader of
and sun!
                                                   leads. Check out the new                                            Houston’s top-selling team
Mega Camp 2010 is an                               mobile.kw.com!                                                      make the switch to Keller
industrywide destination                                                                                               Williams Realty?
that promises to be more
power packed than ever
before.

> MEGA LEADERSHIP
  Sept. 13-14                                      08              "EVERYBODY
                                                                   WINS!"                                           10             SECRET SAUCE


> MEGA                                             Keller Williams Realty                                              Marnie Bennett's market
  TECHNOLOGY
  Sept. 14                                         breaks new ground in                                                saturation strategy has

                                                   northern Ohio.                                                      catapulted her to the
> MEGA AGENT
  Sept. 15-16                                                                                                          top in Ottawa.
  Learn more and register
  NOW! http://events.
  mapscoaching.com

                                                   22              AGENT-DRIVEN
                                                                   SOLUTIONS                                           24            NETWORKING
                                                                                                                                     KNOW-HOW

                                                   Short-sale                                                          Social media mavens
                                                   aficionado kicks off                                                share strategies on
                                                   Agent to Agent Market.                                              optimizing every outlet.




      May/June 2010 vol. 7 no. 3         Marketing and Communications Director: 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© 2010
      Keller Williams Realty, Inc.       Marketing and Communications Coordinator: Laura Price            by Keller Williams Realty, Inc. No portion may be
                                                                                                          reproduced in whole or in part by any means, including
                                         Copy Editor: Jeff Ryder
                                                                                                          electronic retrieval systems, without the express written
      807 Las Cimas Parkway, Suite 200   Design: Travis Drake
                                                                                                          permission of the publisher. Editorial or advertising does
      Austin, Texas 78746                Contributors: Celesta Brown | Jill Dwyer | Jennifer LeClaire |   not constitute advice but is considered informative.
      (512) 327-3070 phone
                                         Elizabeth Millard
      (512) 328-1433 fax
                                         Advertising: Tom Freireich (advertising@kw.com)                  Copyright© 2010 Keller Williams Realty, Inc.
                                         Job Inquiries: (jobs@kw.com)                                     All rights reserved.


 4       outfront                                             May/June 2010 • vol. 7 no. 3                                    Keller Williams Realty
Technology

                        D O YO U R                    C L I E N T S                 K N OW. . .


         THE NEW KW.COM
         HAS GONE MOBILE!*




    Search results
                atures
 include key fe
                    ty,
    of the proper
                      s
    multiple photo
      and the listing
                     ct
     agent's conta
        information!


F R O M T H E K W M O B I L E H O M E PA G E , YO U R C L I E N T S C A N :
• Locate upcoming KW open houses.
• Search for KW proper ties based on city or ZIP code, price range, open house or MLS number.
• Find home values for a specified address.
• Switch to the standard view of KW.com.


To learn more about kw mobile, go to mobile.kw.com.
      *This mobile version is designed and optimized for iPhone and Droid devices, but will work on other devices as well.


      Keller Williams Realty                         May/June 2010 • vol. 7 no. 3                                      outfront     5
Cover Story




IT'S A SIGN OF THE TIMES
                     WORLDWIDE TOP PRODUCER AND
                  HOUSTON’S NO.1 TEAM COMES HOME TO KW!
          By Lisa Wahlgren

       As Joe Rothchild	sees	it,	both	his	business	and	the	                  time,	Rothchild	said,	his	perception	of 	Keller	Williams	
       entire	real	estate	industry	have	evolved	over	the	past	               Realty	was	that	of 	a	“little	company	that	kept	showing	
       decade,	and	particularly	throughout	the	recent	market	                up	here	and	there.”
       shift.	This	evolution	gave	rise	to	Rothchild's	realization	           	 That’s	all	changed.	
       that	the	Keller	Williams	business	model	is	clearly	the	               	 “I	don’t	believe	it’s	a	question	of 	if 	Keller	Williams	
       most	advantageous	–	for	agents	and	market	center	                     Realty	becomes	No.	1	in	the	Houston	market,	I	believe	
       owners	alike.                                                         it’s	a	question	of 	when.	And	I	want	to	be	a	critical	part	
       	 After	20	years	as	a	RE/MAX	franchisee,	Rothchild	                   of 	that.” kw
       stepped	in	as	operating	principal	of 	the	Keller	Williams	
       Signature	office	in	Katy,	Texas,	with	Tamara Mannen
       serving	as	the	team	leader.	As	they	did	so,	heads	turned.	
       For	the	past	15	years,	Rothchild	has	raked	in	untold	
       accolades	as	one	of 	the	top	10	teams	in	RE/MAX	
       and	was	No.	1	worldwide	for	three	years	in	a	row.	In	
       2009,	his	team	was	ranked	by	the	Houston Business
       Journal	as	No.	1	in	dollar	volume	and	closed	
       transactions.	
       	 Rothchild	explains	how	he	decided	to	
       join	forces	with	Keller	Williams	Realty.	“I	
       wasn’t	just	looking	at	what	was	best	for	Joe	
       Rothchild,	I	was	looking	at	what	was	best	
       for	our	agents.	Every	time	I	tried	to	reinvent	
       the	model,	to	create	something	that	would	serve	
       us	both,	I	came	back	to	the	Keller	
       Williams	model	–	one	in	which	no	
       one	makes	money	unless	everyone	
       makes	money.	I	saw	no	need	to	
       reinvent	the	wheel,	so	I	called	
       Gary	Keller.”
       	 It	was	a	connection	that	had	
       been	forged	many	years	ago	when	
       Rothchild	was	interviewed	by	Keller	
       for The Millionaire Real Estate Agent. At the

                                    Photos By: Richard Carson

6      outfront                                          May/June 2010 • vol. 7 no. 3                        Keller Williams Realty
Cover Story




                                                                                      Photo By: Shannon Reiswig
                                                                          Dale Ross




WHEN THERE’S NO qUESTION THAT
 KELLER WILLIAMS TIME HAS COME!
 Dale Ross was one of the first 50 RE/MAX agents in Houston. Signing
 on back in 1985, he says that model worked for him for many years.
   Earlier this year, however, Keller Williams Realty entered his radar
 as Joe Rothchild conveyed that he was considering joining forces, and                                            Joe Rothchild

 asked for his input.
         The more Ross learned about Keller Williams Realty, the more
                    he liked. “I factored in the Keller Williams systems,                                            GOING THE
                       training and support. I’ve read The Millionaire Real
                       Estate Agent and SHIFT. Those are great books for
                                                                                                                     D I S TA N C E
                      any agent at any point in their career.”
                                                                                                                     Within a week of joining Keller
                              Ross concluded that “Keller Williams offers an
                                                                                                                      Williams Realty, Joe Rothchild
                    all-around better system for agents, plus the prospect
                    of earning residual income.”                                                                     spor ted a Keller Williams jersey
                   From a cultural standpoint, Keller Williams Realty also                                         and joined 13,000 cyclists on April
                  stands out, Ross observes. “When the market went                                                  17-18 in the 26th annual BP MS
                  south back in 2008, things got pretty quiet around here.”
                                                                                                                      150. The 170-mile bicycle ride
                   But it’s been very different with Keller Williams Realty,
                   he observes. “I see a cohesiveness among the agents.                                             from Houston to Austin raised a

                  The staff has injected a liveliness that’s really brought us                                       record $18 million – $4,000 of
                 together as an office.”                                                                             which was raised by Rothchild
                   Ending 2009 with $19 million in production, he says
                                                                                                                       – in suppor t of the National
              he’s recently added two assistants and two buyer’s agents
                                                                                                                        Multiple Sclerosis Society.
             to his team and plans to take advantage of all the training
            that’s available.



         Keller Williams Realty                        May/June 2010 • vol. 7 no. 3                                                     outfront       7
David Chervenic


               “I feel that this is my business. I am working toward
                                      my success, not the company’s.”
                                                             -Patti Kurtz,
                                                               Stow, Ohio



8   outfront      May/June 2010 • vol. 7 no. 3   Keller Williams Realty
New Opportunities
                                                            B E T T E R                 T O G E T H E R

                                            CONVERSION BREATHES
                                            NEW LIFE INTO CAREERS
                               By Celesta Brown
                            There’s	a	buzz	in	northeast	Ohio	as	Chervenic	Realty,	            us	collectively	and	individually	stronger,”	he	notes,	adding	
                            a	legendary	and	longstanding	independent	real	estate	             that	all	127	agents	are	wholeheartedly	embracing	the	
                            company,	has	converted	to	Keller	Williams	Realty.		               change.	“They	are	finding	that	the	change	of 	identity	has	
                            	 A	leader	in	the	market	since	1973,	David Chervenic              served	to	enhance	their	business	and	productivity.”
                            –		whose	mother	founded	Chervenic	Realty,	based	in	               	 Noting	the	success	of 	the	new	company	in	town,	other	
                            Stow,	Ohio	–	had	made	a	name	for	his	company	and	                 agents	have	started	jumping	on	board.	Patti Kurtz,	a	
                            attracted	a	loyal	following	of 	agents	and	clients.	But	the	      successful	agent	in	a	neighboring	market,	was	intrigued	
                            lagging	economy	had	made	it	harder	and	harder	to	sustain	         when	Chervenic	approached	her	and	explained	that	he	
                            his	company’s	traditional	50/50	split	structure.	Further	         joined	Keller	Williams	Realty	because	he	saw	it	as	the	best	
                            weighing	down	his	business	was	the	merger	of 	his	closest	        way	to	grow	his	family	business.	Since	she	and	her	husband,	
                            competitor	in	the	market	with	another	large	firm.	“It	            Jim,	ran	their	real	estate	company	as	a	family	business,	
                            became	clear	that	we	could	not	continue	the	way	we	were	          they	agreed	to	meet	and	were	immediately	struck	by	his	
                            going,”	Chervenic	says.		                                         enthusiasm	for	the	new	venture.		
                            	 Timing	is	everything.	Ten	years	ago,	Chervenic’s	sister,	       	 She	quickly	realized	what	Chervenic	had	–	that	the	Keller	
                            an	agent	in	Florida,	took	notice	of 	Keller	Williams	Realty	      Williams	model	was	a	puzzle-perfect	fit	for	her	family	
                            in	her	market,	even	though	she	was	not	affiliated	with	the	       model	and	entrepreneurial	spirit.	“This	entrepreneurial	
                            company.	She	suggested	to	her	brother	that	he	look	into	          spirit	does	not	exist	in	the	traditional	real	estate	brokerages.	
                            Keller	Williams	Realty	and	auspiciously	planted	a	slow-           You	are	called	independent	contractors,	but	that	really	isn't	
                            growing	seed.	Nine	years	later,	he	took	this	advice	to	heart.     the	case,”	Kurtz	explains.	“So,	after	careful	consideration,	
                            	 “Keller	Williams	just	kept	standing	out,”	he	says.	             Jim	and	I	made	the	leap	to	Keller	Williams	Realty	last	
                            Throughout	the	next	year,	Chervenic	met	with	regional	            December.”
                            leadership,	went	to	Mega	Camp,	and	traveled	to	Austin	to	         	 As	a	Keller	Williams	agent,	she	emphasizes,	“I	feel	that	
                            meet	with	Mark	Willis,	CEO,	Keller	Williams	Realty.	Every	        this	is	my	business.	I	am	working	toward	my	success,	not	
                            step	along	the	way	he	was	impressed,	and	wanted	to	make	                                       the	company’s."	
                            sure	that	his	agents	felt	the	same	way.	He	discussed	it	with	
                            them,	included	them	in	the	decision-making	process,	and	                                      "EVERYBODY WINS"
                            on	Dec.	18,	2009	Chervenic	Realty	became	Keller	Williams	                                     Since	the	conversion,	Keller	
                            Chervenic	Realty.		                                                                           Williams	Chervenic	Realty	has	
                                                                                                                          gained	33	new	agents	and	added	
                                                                                                                          a	KW	Commercial	division,	with	
                            FAMILIAR FEEL                                                                                 the	addition	of 	Bill Monbeck as
Photo By: Stephanie Krell




                            Fundamentally,	it	all	feels	very	familiar.	Chervenic	was	                                     director.	
                            looking	for	a	company	that	respected	his	independence	                                        	      Among	the	new	agents,	
                                                        and	the	independence	of 	his	         Laurie Schrank              Laurie Schrank transferred
                                                        agents.	What	he	found	was	that	                                  her	license	from	a	high-profile	
                                                        Chervenic	Realty’s	success	was	       competitor,	and	is	already	benefiting	from	the	training,	
                                                        not	compromised	by	teaming	           which	she	sees	as	a	distinct	advantage	in	the	market.	
                                                        with	a	fast-growing,	franchise	       “People	outside	the	industry	don’t	always	understand	how	
                                                        company.	Instead,	he	feels	that	      many	hours	we	put	in,”	Schrank	says.	“Building	a	successful	
                                                        his	company’s	independence	is	        business	requires	an	enormous	amount	of 	time	and	energy.	
                                                        intact	and	that	his	agents	are	       Time	is	money.	Keller	Williams	understands	this	so	well	and	
                                                        receiving	the	support	they	need	      gives	me	access	to	the	ideas,	materials,	training	and	support	
                                                        to	take	their	businesses	to	the	      that	help	me	work	optimally.	My	success	is	their	success.	
                                                        next	level.	“Becoming	Keller	         Everybody	wins.”	kw
                                         Patti Kurtz Williams	Chervenic	Realty	made	

                                   Keller Williams Realty                      May/June 2010 • vol. 7 no. 3                                       outfront        9
VIEW FROM
     M A R N I E
                   THE TOP
                   B E N N E T T        I S               O N L Y                   L O O K I N G                     U P

                                                                          By Elizabeth Millard
                                                                      What	does	it	take	to	become	the	top-producing	team	
                                                                      for	Keller	Williams	Realty?	Marnie Bennett,	associate	
                                                                      with	the	Ottawa	market	center	and	Ottawa’s	2009	
                                                                      Businesswoman	of 	the	Year,	has	a	pretty	good	idea.		
                                                                      	 Ranking	as	No.1	for	the	first	quarter	of 	2010,	with	
                                                                      $693,683	in	GCI,	Bennett’s	winning	strategy	is	a	
                                                                      combination	of 	experience,	creativity	and	skill.
                                                                      	 With	more	than	25	years	in	the	business,	she’s	
                                                                      worked	with	a	major	Canadian	real	estate	company	and	
                                                                      then	as	the	owner	of 	her	own	15-agent	firm.	Having	
                                                                      joined	forces	with	Keller	Williams	Realty	in	November	
                                                                      2007,	she	believes	she’s	found	the	best	of 	both	worlds.
                                                                      	 Keller	Williams	proved	attractive	for	numerous	
                                                                      reasons,	she	notes:	"What	I	love	is	that	it's	so	agent-
                                                                      centric	here.	I'm	a	marketer	by	trade,	so	I	loved	the	
                                                                      marketing	aspect	and	how	you	can	be	a	company	
                                                                      within	a	company.	I	like	people	who	are	on	top	of 	
                                                                      their	game	and	a	company	that	can	change	with	the	
                                                                      times.	I	found	it	here."
                                                                      	 In	terms	of 	her	"secret	sauce"	for	success,	Bennett’s	
                                                                      marketing	prowess	has	proven	to	be	multifaceted.	To	
                                                                      stay	top-of-mind	within	her	market,	she	harnesses	
                                                                      social	networking	sites,	conducts	seminars,	hosts	a	
                                                                      local	radio	show	and	mentors	other	agents	on	wealth-
                                                                      building	strategies.	

                                                                      TIGHT NETWORK
                                                                      Most	notably,	she's	developed	the	"Bennett	VIP	Club,"	
                                                                      comprised	of 	business	partners	that	offer	significant	
                                                                      discounts	on	their	products	and	services.	Since	
                                                                      Bennett	works	on	large	listings	such	as	high-rises	–	one	
                                                                      recent	listing	was	$110	million	–	the	partners	give	her	
                                                                      volume	pricing	for	furniture,	appliances,	landscaping	
                                                                      and	other	services	for	these	big	developments,	and	
                                                                      then	extend	"preferred	pricing"	to	her	other	clients.
                                                                      	 The	partners	comprise	an	array	of 	firms,	from	
                                                                      furniture	stores	to	interior	designers,	custom	window	
                                                                      makers,	maid	service	companies,	pool	maintenance	
                                                                      –	even	car	dealers	and	vacation	brokers.	"It's	a	value-
                                                                      add	package,	and	it	really	differentiates	me	from	other	
                                                 Photo by Alan Dean




                                                                      agents,"	she	says.	"When	people	list	or	buy	from	me,	
                                                                      I'll	give	them	a	$1,000	shopping	spree	through	these	
                                                                      partners,	and	that's	very	compelling	for	many	people."	
                            Marnie Bennett

10   outfront                 May/June 2010 • vol. 7 no. 3                                        Keller Williams Realty
She	also	offers	a	free	staging	service	with	access	to	up	to	                                          Success Story
  $10,000	in	furniture	and	other	accessories	that	she	lends,	
  a	strategy	made	possible	by	keeping	warehouses	full	of 	
  staging	items.	Professional	videographers	are	on	her	payroll,	         “Keller Williams systems and models have
  and	she	often	puts	these	videos	on	YouTube	so	potential	                been positively changing local markets,
  clients	can	access	them	from	anywhere.	It's	all	part	of 	a	
  25-step	marketing	plan,	she	says,	and	a	79-item	checklist	for	          and the transformation is evidenced by
  what	needs	to	be	done	with	a	house	to	get	it	ready	to	sell.              the incredible talent and leadership of
  	 "I've	always	had	the	philosophy	that	I	wouldn't	sell	
                                                                           agents such as Marnie Bennett and the
  a	house	that	I	wouldn't	buy	myself,	or	sell	to	a	family	
  member,"	she	says.	"After	having	been	in	this	business	                      Bennett Real Estate Professionals."
  for	nearly	30	years,	that	one,	simple	rule	has	served	me	
  incredibly	well."                                                                       - John Furber,
  	 “Marnie	has	been	building	toward	this	level	of 	success	
                                                                                    regional director, Canada
  for	more	than	25	years,”	notes	Sunny Daljit,	team	
  leader	of 	the	Ottawa	market	center.	“She	has	a	special	
  understanding	with	builders.	She	knows	how	to	design	
  projects	and	take	them	all	the	way	through	to	the	end.	As	
  a	result,	she's	been	building	her	resale	business	within	that	
  group.	She's	an	extremely	dynamic	woman,	and	she	does	
  her	work	with	such	ease.	I	think	what	you're	seeing	now	is	
  the	result	of 	years	of 	hard	work.”
     John Furber,	Canada’s	regional	director	adds,	“Keller	
  Williams	systems	and	models	have	been	positively	changing	
  local	markets,	and	the	transformation	is	evidenced	by	the	
  incredible	talent	and	leadership	of 	agents	such	as	Marnie	
  Bennett	and	the	Bennett	Real	Estate	Professionals.	Marnie	
  has	proven	herself 	as	a	great	implementer	and	a	true	
  "master	of 	the	models!”		

  WHAT'S NEXT?
  For	the	future,	Bennett	is	ready	to	take	on	the	challenge	
  of 	staying	in	the	top	spot.	"We're	in	a	seller's	market	here,	
  and	the	opportunities	just	keep	expanding,"	she	says.	
  "Since	Ottawa	is	the	capital	of 	Canada,	about	70	percent	
  of 	people	here	are	in	government-related	jobs,	making	us	
  somewhat	insulated	from	the	effects	of 	the	economic	crisis.	
  In	fact,	2009	has	been	the	best	ever	in	terms	of 	sales.	So	we	
  want	to	keep	going	along	that	track."
  	 Bennett	also	expresses	interest	in	tweaking	her	customer	
  service	plan	to	be	even	more	effective.	"It's	important	
  to	me	to	be	No.	1	in	customer	service,	so	I'm	trying	to	
             develop	a	system	where	we	can	always	give	five-
                    star	service,	no	matter	what.”	kw

      IE
 MARN T'S
B ENNET
  IG 5
                                    1. Have a business plan.


B
                                    2. Invest in yourself through education and training.
                                       Set aside time and money specifically for that purpose.
                                    3. Be willing to adapt and embrace change.
                                    4. Recognize what's working for you, and more importantly,
                                       what's not working.
                                    5. Be aware of your weaknesses and work to overcome them.

           Keller Williams Realty                        May/June 2010 • vol. 7 no. 3                       outfront      11
KW Commercial




                                            C APITAL LEADERShIP
                                            FOR KW COMMERCIAL


                                                                                THE
                                                                               BEST OF
                                                                                 BOTH
                                                                               WORLDS
                                                                                                                        By Jennifer LeClaire
D. Scott Smith




     D. Scott Smith	has	only	one	regret	about	his	decision	to	join	         industry.	That	was	attractive	to	me.”
     KW	Commercial:	he	didn’t	do	it	sooner.	                                	 Smith	points	out	that	money	isn’t	what	drives	him	–	even	
     	 Smith,	33,	signed	on	with	the	KW	Commercial	family	in	               though	he’s	long	since	proven	himself 	to	be	a	heavy	hitter.	He	
     November	2008	and	has	been	making	his	mark	ever	since.	                prefers	a	family	culture	to	a	money	culture,	but	KW	Commercial	
     Today,	he’s	the	director	of 	KW	Commercial	for	the	Towson	             offers	the	best	of 	both	worlds:	a	supportive	environment	and	
     market	center	in	Baltimore,	Md.,	and	serves	as	president	of 	          the	most	attractive	commission	model	in	the	industry.
     the	CCIM	Maryland/D.C.	chapter.	He’s	also	a	member	of 	                	 “My	motivation	is	helping	people	learn,”	says	Smith,	who	
     the	Commercial	Leadership	Council,	chair	of 	the	National	             serves	as	an	instructor	for	the	REALTORS®	Commercial	
     Recruiting	Committee,	and	is	involved	in	the	development	of 	          Alliance	of 	NAR,	as	well	as	his	local	real	estate	board,	and	has	
     KW	Commercial’s	educational	curriculum.                                been	working	closely	with	the	group	to	build	its	commercial	
     	 “KW	Commercial	was	a	natural	progression	for	me,”	says	              curriculum.
     Smith,	noting	that	he	launched	his	career	13	years	ago	as	a	           	 Specializing	in	brokering	smaller	tier	investments	in	the	Mid-
     residential	real	estate	broker	in	pursuit	of 	a	CCIM	designation.	     Atlantic	area,	Smith	has	carved	out	a	lucrative	niche	based	on	his	
     He	went	on	to	work	as	a	commercial	broker	at	a	well-known	             ability	to	identify	growth	potential	for	the	deals	that	larger	firms	
     national	firm,	but	didn’t	like	the	“cold,	corporate-climate	feel.”	    tend	to	shy	away	from	–	primarily	in	the	$100,000	to	$5	million	
     The	turning	point	in	Smith’s	career	came	when	a	student	at	one	        range.
     of 	his	commercial	real	estate	workshops	introduced	him	to	the	        	 “Either	other	brokers	don’t	want	to	service	this	range,	or	they	
     Keller	Williams	opportunity.                                           don’t	know	how,”	Smith	says.	“That’s	great	for	me	because	I	
     	 “What	I	like	most	about	KW	Commercial	is	that	it’s	like	             have	referrals	coming	in	from	everywhere	–	not	just	from	Keller	
     working	in	a	modern	mom	and	pop	shop	–	but	it’s	a	national	            Williams	but	also	from	other	local	brokerages	that	don’t	want	
     mom	and	pop	shop,”	says	Smith.	“Helping	each	other	is	part	of 	        to	handle	these	smaller	deals.	And	I’ll	take	half-a-million-dollar	
     the	culture	and	that’s	unheard	of 	in	the	commercial	real	estate	      listings	any	day.”


12       outfront                                          May/June 2010 • vol. 7 no. 3                           Keller Williams Realty
A MODEL TO FOLLOW
                       Since	entering	the	world	of 	commercial	
                       real	estate	five	years	ago,	Anthony Bolling
                       has	made	his	mark	on	the	Washington,	
                       D.C.,	market	–	and	then	some.
                       	 Despite	all	of 	his	successes,	2009	was	a	
                       major	turning	point.	That’s	when	Bolling	
                       joined	KW	Commercial.	
                       	 “In	October	2008,	I	was	at	a	bookstore	
                       at	the	CCIM	board	meeting	when	I	saw	
                       The Millionaire Real Estate Agent,	by	Gary	
                       Keller,”	recalls	Bolling,	now	a	managing	
                       director	for	KW	Commercial	in	the	Upper	
                       Marlboro	market	center.	“This	book	
                       changed	my	life.	It	told	me	to	get	back	
                       to	basics:	listings,	leads	and	leverage.	I	
                       showed	the	book	to	one	of 	my	CCIM	vice	
                       presidents,	Scott	Smith,	and	he	was	already	
                       working	with	Keller	Williams.”
                       	 That’s	all	it	took	to	convince	Bolling	to	
                       leave	his	position	as	principal	broker	at	
                       Sovereignty	Real	Estate	Services	and	fully	




                                                                                                                              Photo by Steve Ruark
                       embrace	the	Keller	Williams	model.	That	
                       same	year,	he	was	recruited	for	the	Jay	W.	
                       Levine	Leadership	Development	Academy,	
                       an	initiative	to	foster	the	development	
                       of 	the	next	generation	of 	leaders	in	the	        Anthony Bolling
                       commercial	investment	real	estate	industry.
                       	 	Under	Bolling’s	leadership,	the	CCIM	
Photo by Steve Ruark




                       Maryland/Washington,	D.C.,	chapter	
                       had	grown	fivefold,	and	in	2009,	CCIM	
                       recognized	Bolling	as	one	of 	10	rising	stars	
                       in	commercial	real	estate.	He	now	sits	on	
                       the	CCIM	board	of 	directors	and	serves	as	
                       the	Region	10	vice	president.	
                       	 As	a	member	of 	KW	Commercial’s	
                       Leadership	Council,	Bolling	now	serves	
                       as	a	mentor	to	both	residential	and	
                       commercial	agents.	“So	often	I	find	that	
                       real	estate	professionals,	particularly	those	
                       who	are	transitioning	to	commercial,	are	
                       unclear	about	what	they	need	to	do	to	
                       move	their	business	and	career	forward,”	
                       says	Bolling,	an	attorney	who	himself 	
                       worked	in	residential	real	estate	before	
                       moving	into	commercial	transactions	in	
                       2005.	“The	Keller	Williams	model	is	the	
                       future	of 	the	industry.	I’ve	worked	in	big-
                       boy	shops.	I’ve	worked	in	residential	shops.	
                       KW	has	the	right	model.”
                       	 	“The	profit	sharing	that	KW	
                       Commercial	offers	is	an	exciting	revenue	
                       stream,”	Bolling	says.	“I	believe	in	the	
                       model.	If 	Mo	Anderson	says	all	the	CLC	
                       members	need	to	get	15	people	on	their	
                       first-line	profit	sharing	tree,	that’s	what	I’m	
                       going	to	do.	I	don’t	make	up	the	rules.	I	
                       just	go	with	the	model.	It	works.”



                                  Keller Williams Realty                       May/June 2010 • vol. 7 no. 3   outfront   13
From: Anthony Vulin
                                                                                           LEADERSHIP LAB
                    Sent: Wednesday, April 7, 2010 10:47 AM                                GARY KELLER ON BECOMING AND
                    To: Gary Keller
                    Subject: Leadership Skills                                                BUILDING GREAT LEADERS
                    Hello Gary,
                    I am the Team Leader in Los Feliz (near Downtown Los Angeles) I am intending to develop stronger leadership skills
                    within my ALC. I have a very dynamic ALC this year with many mega agents new to KW. We have begun to study John
                    Maxwell's 21 Irrefutable Laws of Leadership and are on chapters 1-3. We are working through the workbook and one
                    exercise asks us to talk to someone whose leadership lid is unlimited, and ask the following questions:


                      1. What are the top 3 challenges you've faced as a leader?

                      2. What are the top three things you can credit to your growth as a leader?

                      3. What are you currently doing to grow as a leader?

                      4. What is the best piece of advice you would have for someone who aspires to be an effective leader?

                      5. What 3 books have made the greatest impact on your leadership?


                    We would appreciate your input so very much. We all respect what you have done for KW and aspire to make you proud
                    and to add to the success of our company!

                    Anthony Vulin



                From: Gary Keller
                Sent: Tuesday, April 8, 2010 9:26 AM
                To: Anthony Vulin
                Subject: RE: Leadership Skills

                Hi Anthony. Thanks for your note. My answers:
                   1. What are the top 3 challenges you've faced as a leader?
                         1. Vision - Where are we going?
                         2. Having the right people - Who will get us there?                                  Anthony Vulin               Gary Keller
                         3. Training, supporting, mentoring, leading them - Can they do it?

                  2. What are the top three things you can credit to your growth as a leader?
                	 	    1.		Vision	-	I	figured	out	where	we	were	going.
                       2. People - I found the right people to get us there.
                       3. Training, supporting, mentoring, leading - They got what they needed to be effective.
                       4. There is a fourth: I had an awesome mentor I was personally accountable to when I needed it most. I personally
                           paid over $100,000 a year to this individual to personally mentor me, train me, and hold me accountable
                           through one of the toughest business periods of my life and it was transformative. We have the exclusive right to
                           these 3 classes and I believe that mastery of these classes is essential to getting the most out of any business career!

                  3. What are you currently doing to grow as a leader?
                       The four above! The answers never change!

                  4. What is the best piece of advice you would have for someone who aspires to be an effective leader?
                       Do the four things in number two and don't add any more!!! Remember, personal productivity is when you do
                       something and self-leadership is what you provide yourself. Business productivity is when you lead others to do
                       something and leadership is what you provide them. So business success is about the four things in number two!

                  5. What 3 books have made the greatest impact on your leadership?
                       1. Personal leadership: Million dollar habits by robert ringer
                       2. Business leadership: 13 fatal errors by steve brown
                       3. Personal growth: The 80/20 principal and lately - Talent is overrated


                Hope this helps!
                Onward...
                Gary Keller




     kw



14   outfront                                               May/June 2010 • vol. 7 no. 3                              Keller Williams Realty
Dear Team,
Wouldn’t it be extraordinary if we could
all come together for a summit meeting
someday and share the huge life lessons
that we have learned during the shift?

The	fact	is,	though,	the	market	isn’t	        how	easy	it	would	have	been,	and	how	         Region,	and	he	told	me	that	when	he’s	
going	to	stop	shifting,	so	we	get	to	         easy	it	will	still	be,	to	come	up	with	all	   asked	to	share	any	“aha's”	he’s	had,	
keep	learning.                                the	reasons	why	this	is	not	the	year	to	      they	usually	end	up	feeling	for	him	
	 As	we’ve	said	many	times	before,	the	       leave	your	business	and	spend	extra	          more	like	“duh's.”	Knowing	Kirk	as	I	
current	shift	is	giving	rise	to	a	lot	of 	    money	on	travel.                              do,	I	hardly	think	that’s	the	case,	but	
winners	and	reshaping	the	competitive	        	 We	also	know	that	you	couldn’t	             the	point	is	that	the	obvious	often	
landscape.	Throughout	it	all,	I’ve	been	      ever	imagine	missing	Mega	Camp	               escapes us.
paying	close	attention	to	what	the	           and	convention.	We	know	how	the	              	 That’s	why	we	need	each	other.
winners	have	been	doing	right,	and	my	        most	effective	leaders	and	the	highest	       	 And	it’s	why	we	need	to	always	stay	
list	gets	longer	every	week.	                 producers	in	this	company	think.	They	        learning	based	and	fight	all	tendencies	
	 One	of 	the	most	powerful	                  wouldn’t	ever	think	of 	missing	Mega	         to	create	a	comfort	zone	or	to	lean	on	
observations	I’ve	had	lately	is	the	          Camp	because	they	know	that	there’s	          limiting	beliefs.	The	future	belongs	to	
way	that	the	best	leaders	and	top	                                                          the	fearless.
producers	are	always	looking	                                                               	 If 	you	haven’t	already	done	so,	be	
forward.	Maybe	it’s	human	nature	                The best                                   sure	to	read	Mark	Willis’	column	on	
to	hunker	down	when	crises	loom	                                                            Page	3	of 	this	issue,	and	you’ll	be	
and	hang	on	to	what	you’ve	got,	             leaders and top                                reminded	why	you	are	with	a	company	
but	time	after	time,	the	winners	in	                                                        that	has	no	use	for	limiting	beliefs.	You	
our	company	have	forged	ahead.		              producers are                                 are	a	critical	part	of 	the	company	that’s	
Our	growth	has	far	outpaced	the	                                                            soon	to	be	the	second-largest	real	estate	
industry	because	our	team	leaders	           always looking                                 company	in	the	United	States	and	the	
made	certain	that	the	market	knew	                                                          third-largest	in	North	America.	And	
that	their	doors	were	wide	open.		              forward.                                    we’re	counting	on	you	to	keep	learning	
They	reached	out	to	the	top	talent	                                                         and	looking	forward.
and	made	sure	the	message	got	out	            so	much	more	to	learn	and	they	have	
that	Keller	Williams	Realty	offered	the	      no	interest	in	constructing	a	comfort	
                                                                                            Yours	in	fearlessness!
coaching,	the	training,	the	models	and	       zone	of 	what	they	already	know.	
the	culture	to	support	great	businesses	      They’re	already	looking	forward	to	the	
in	any	market.                                inspirational	speakers,	the	business-
	 More	than	8,500	of 	you	flocked	to	         building	tips,	the	networking	and	the	
                                                                                            Mary	Tennant
Family	Reunion	last	year,	and	we	have	        constant	exchange	of 	ideas.
                                                                                            President	and	COO
no	doubt	that	we’ll	exceed	10,000	            	 During	Masterminds	in	April,	I	had	
                                                                                            Keller	Williams	Realty
registrations	at	Mega	Camp	in	Austin,	        the	pleasure	of 	visiting	with	Kirk	Miles,	
Sept.	13	through	Sept.	16.	We	know	           the	regional	director	of 	our	Northwest	



         Keller Williams Realty                        May/June 2010 • vol. 7 no. 3                                     outfront          15
The McLaughlin Group, from left: Tina Sullivan, Shawn Sanchez, Kelly
                                                                                   Ammerman, Dave McLaughlin, Laurie De Jesus and Dylan McLaughlin



                   R E BUI L DI N G WITh ThE BE ST!




     What	does	it	take	for	a	12-year	Coldwell	Banker	veteran	     Williams,	in	early	April.	
     at	the	top	of 	his	game,	with	an	average	sales	price	of 	    	 With	a	production	track	record	ranging	from	a	high	
     $1.19	million,	to	make	the	leap	to	Keller	Williams	Realty?		 of 	$45	million	in	2005,	to	a	market-induced	drop	to	$27	
     For Dave McLaughlin,	it	was	a	decision	to	get	out	of 	       million	in	2009,	The	McLaughlin	Group	is	on	track	for	a	
     his	comfort	zone	–	a	message	that	was	powerfully	driven	     record-breaking	2010	–	boosted	by	the	Luxury	Homes	by	
     home	to	him	during	Mega	Camp	2009.	                          Keller	Williams	branding	edge	and	his	re-energized	team.			
     	 “Mega	Camp	was	not	an	entirely	real	estate-related	        	 “As	of 	the	end	of 	March	we	have	closed	$11	million,	
     event,”	McLaughlin	recalls.	“It	was	more	life	related.”	And	 with	another	$5	million	in	escrow	and	a	listing	inventory	
     in	search	of 	a	new	kind	of 	life,	McLaughlin	and	his	six-   of 	about	$30	million,”	McLaughlin	says.	“Our	dynamic	
     person	group	officially	signed	on	with	the	Westlake	Village	 group	is	hungry,	energetic	and	focused.” kw
     (Calif.)	market	center,	as	well	as	Luxury	Homes	by	Keller	


        The	3rd	Annual	Luxury	Homes	Division	Retreat	is	scheduled	for	Sept.	16-18,	in	Austin,	Texas	at	the
        Westin/Domain.		Join	the	division	now	to	participate	in	this	widely	acclaimed	networking	and	business-building	event!		
        To	register	or	for	more	information	on	Luxury	Homes	by	Keller	Williams,	log	on	to	www.kwluxuryhomes.com.


16      outfront                                    May/June 2010 • vol. 7 no. 3                               Keller Williams Realty
Success Story

                       REO POWERHOUSE
                      EYES TOP KW TALENT
              A N AT I O N W I D E L E A D E R I N B U L K AC q U I S I T I O N A N D S A L E S O F
R E O P R O P E RT I E S , DA N N Y R OT h I S TA P P I N G I N TO T h E K E L L E R W I L L I A M S N E T WO R K .


   When	Keller	Williams	Realty	welcomed	the	former	Realty	                    hundreds more.
   Executives’	Tucson,	Ariz.,	office	into	the	fold	earlier	
   this	year,	the	top	agents	in	the	market	were	faced	with	                   You had any number of options when your former Realty
   a	big	decision.	Danny Roth	is	among	those	who	chose	                       Executives broker made the transition to Keller Williams Realty.
   to	join	forces	with	Keller	Williams	Realty.	In	a	recent	                   What were the key factors that drove you to choose KW?
   interview,	Roth	explained	how	his	decision	has	vastly	
   expanded	his	nationwide	network,	while	opening	up	                         I	have	been	the	No.	1	agent	for	Realty	Executives	for	
   new	opportunities	for	Keller	Williams	associates	in	                            a	long	time	and	have	been	licensed	for	more	than	
   the	REO	realm.	                                                                   16	years.	So	when	I	was	faced	with	the	decision	
                                                                                      of 	having	to	move	to	another	company,	I	had	to	
   In addition to being an industrywide leader in REOs,                               make	the	right	choice	not	only	for	me	but	for	all	
   you are on the forefront of technology. How do these two                           of 	my	clients.	I	interviewed	with	many	companies	
   areas of expertise drive or rely upon the other?                                   and	researched	the	top	ones	locally	and	nationally.		
                                                                                             I	was	very	impressed	by	the	Keller	Williams	
   I	have	had	the	opportunity	to	help	                                                            model,	as	well	as	the	fact	that	there	
   build	one	of 	the	largest	investment	                                                           are	eight	times	more	Keller	Williams	
   companies	in	the	nation.	This	                                                                   agents	than	Realty	Executive	agents	
   company	is	called	Conix	and	it	is	                                                                worldwide.	I	proceeded	to	call	a	
   one	of 	the	leaders	in	acquiring	                                                                 handful	of 	Keller	Williams	agents	
   and	selling	bulk	purchases	of 	                                                                    throughout	the	United	States,	and	
   REO	properties.	The	properties	                                                                     I	received	great	praises	from	each	
   are	directly	purchased	from	                                                                         agent.	Keller	Williams	is	a	large	
   banking	institutions	and	then	                                                                       company	that	has	the	personal	
   distributed	to	agents	all	over	                                                                       touch	of 	a	small	company.		
   the	country	to	sell.	None	                                                                             The	organization	is	constantly	
   of 	this	would	be	possible	                                                                            providing	tools	to	help	each	
   without	our	company’s	                                                                                 agent	to	capture	more	business	
   leading-edge	technological	                                                                            and	acquire	better	skills	to	make	
   capabilities,	which	enable	                                                                            more	money.	
   us	to	complete	our	due	
   diligence	procedures,	                                                                                 What are you telling other agents in
   contact	agents,	follow	                                                                                your market who seek your input on
   escrows,	clear	titles	and	                                                                              Keller Williams Realty?
   view	many	properties	
   simultaneously.	As	a	result,	                                                                         I've	now	been	with	Keller	
   we	are	able	to	purchase	large	packages	of 	residential	                    Williams	Realty	for	a	few	months,	and	I	have	used	the	
   and	commercial	properties	in	a	very	short	turnaround	                      Keller	Williams	name	to	attract	top	agents	across	the	
   time.	My	expertise	and	knowledge	in	the	REO	world	has	                     country	to	sell	the	properties	that	Conix	purchases.		
   helped	to	create	the	programs	necessary	to	stay	at	the	                    I	truly	believe	that	there	will	only	be	a	handful	of 	
   forefront	in	the	marketplace	and	vice	versa.	                              companies	that	will	survive	this	market	and	Keller	
                                                                              Williams	will	obviously	be	one	of 	those	survivors.	I	now	
   How are you leveraging your Keller Williams affiliation?                   tell	every	agent	who	asks	me	about	KW	that	it’s	a	great	
                                                                              company	and	that	they	should	at	least	take	the	time	to	
   We	have	more	than	2,000	agents	nationwide	who	have	                        research	the	advantages	that	it	offers. kw
   been	individually	selected	to	be	in	our	database,	and	now	
   that	I	have	joined	Keller	Williams,	I	am	hoping	to	add	


        Keller Williams Realty                                May/June 2010 • vol. 7 no. 3                                          outfront      17
MAPS Coaching



            MASTERMINDS PARTICIPANTS GET
            A TASTE OF BOLD FOR LEADERSHIP
            By Lisa Wahlgren
                                                                                                                                           Cody Gibson

      During Leadership Masterminds in April, Dianna Kokoszka launched BOLD for Leadership
      – the next phase of the breakthrough course that is changing lives and careers throughout
      North America by removing limiting beliefs and empowering agents to design their own
      lives.
         having witnessed firsthand what BOLD has done for agents, market center leaders
      entered the four-hour event with a general sense that they knew what to expect. And
      almost without exception, they walked away surprised and thoroughly excited about
      what’s to come.

      CODY GIBSON, TEAM LEADER, ANChORAGE MARKET CENTER
      “I loved Taste of BOLD Leadership. I expected to hear about how we could help everyone
      else. Instead, I learned about how we could work on ourselves to be the best that we
      could possibly be so that we would become better leaders. It was all about me and my
      mindset. Even over the course of the four-hour session, I could tell how well the course is
      put together and how it builds upon itself. I just know that coming on the heels of BOLD
      for Agents, this is going to be incredible for our leadership. I can’t wait to see it in the field.
      I’d fly anywhere to take advantage of BOLD for Leadership!”

      SHERRY LEWIS, OKLAhOMA REGIONAL DIRECTOR
      “I am extremely excited about BOLD for Leadership, as are all of the other market center
      leaders from the Oklahoma Region. I see this program taking our thinking as leaders to
      the highest level that it’s ever been in the 15 years that I’ve been with the company.
         "We’ve studied leadership a lot in this company. BOLD takes it to a whole new
      dimension based on how our leadership is influenced by how we think.“

                                                                                                                                           Sherry Lewis




     BOLD gOaLs fOr giving Back
                                              Among the greatest joys of living an abundant life is the opportunity to give back, and from
                                              the day the BOLD journey begins, the giving kicks into gear. Noting the success that BOLD
                                              coaches throughout North America have had in raising money for KW Cares, through
                                              initiatives that include auctioning off everything from front-row seats to coaching calls, Dianna
                                              Kokoszka, MAPS president, decided that it was time to set a target. Not surprisingly, the
                                              $30,000 stretch goal is well within reach – with $22,852 having been raised by mid-April.
                                              For BOLD Coach John Prescott, reaching his $12,000 goal for the year is simply a matter
                                              of breaking it down into $1,000 per session, times the three sessions he facilitates per week,
                                              times the four rounds that he teaches in a year.

                                              The fundraising functions on a few levels, notes Pat Mancuso, BOLD coach.
                                              It’s an opportunity to support the culture we believe in, engage in some
                                              energizing exercises, while demonstrating a belief in abundance.
      John Prescott



18       outfront                                              May/June 2010 • vol. 7 no. 3                       Keller Williams Realty
BOLD Program




                                                             BOLD
                                 To: Rino Caturano, team leader, Mission Viejo                              From: Steve Capen, associate, Seminole (Fla.)
                                 (Calif.) market center                                                     market center
                                 From: Dustin Wise, associate, Mission Viejo                                To: Pat Mancuso, MAPS coach
                                 (Calif.) market center                                                     Subject: MAPS Mastery Coaching
                                 Subject: BOLD

                                                                                   Dustin Wise                                                                  Steve Capen
                                 Rino,                                                                      Pat,

                                 Where do I begin? Thank you doesn't seem strong enough,                    Thank you for encouraging me to hire a coach! I was
                                 but I will say it anyway. Thank you!                                       finishing up BOLD when I made the decision to hire a
                                                                                                            MAPS coach. I have been in coaching for four months and
                                 Back in September, my business was very slow and financially               just had my best month – $27,000 in GCI. (My GCI for the
                                 I was hur ting. I came to you for help and we spoke about                  first six months of last year was $32,000.) As I build my
                                 the BOLD program. I wanted to do it but didn't know how                    team and grow my business, the coaching is invaluable. My
                                 I would afford it. You encouraged me to do whatever it took                MAPS coach keeps me focused on the right activities and
                                 to get in that class. You believed in me and knew I would be               has given me great advice and guidance.
                                 successful. That meant the world to me!
                                                                                                            Thank you!
                                 I borrowed the money to get into the class and pursued the
                                 educational and life journey that was/is BOLD. It changed                  Steve
                                 not only my business but my life as well. The training that
                                 I received in regard to mindset alone was well worth the
                                 time and money invested. Now I have all these wonderful
                                 scripts and practices in place that have catapulted me into a
Photos by Brian Fitzsimmons




                                 new paradigm.

                                 Not only was I able to pay back the folks I borrowed the
                                 money from, but I capped! When I started, I didn't even
                                 have the $799 that was needed for the class. Now every
                                 deal I close will be at 100 percent!

                                 Thank you so much for truly caring and pushing me toward
                                 success. You have blessed my life and career immensely.                                    For more information on
                                 Sincerely,                                                                                 MAPS Coaching, log on to
                                                                                                                            www.mapscoaching.com.
                                 Dustin




                              ROAD MAP TO ThE TOP RANKS
                              How does a market center climb to the rank of top profit share earner? For Antelope
                              Valley, which achieved that status in 2009, it all comes down to MAPS coaching, says
                              Michelle El-Zaatari, productivity coach. having served in that role for three years, El-
                              Zaatari says that she, the market center’s entire leadership team, and a number of agents
                              are enrolled in MAPS Mastery Coaching, and ”the production in the market center is a
                              reflection of that. I’m so pro-MAPS,” El-Zaatari says. “I’ve seen the difference it can make.”
                                                                                                                                                            Michelle El-Zaatari


                                          Keller Williams Realty                        May/June 2010 • vol. 7 no. 3                                            outfront          19
TOP 50
     PRODUCING TEAMS*
                                                           * BASED ON TRANSMITTALS RECEIVED FOR ThE FIRST
                                                           qUARTER OF 2010 CLOSED TRANSACTIONS IDENTIFIED
                                                           WITH THE SPECIFIC TEAM


                Name                                           City,	State               GCI                           Units

      1         Marnie Bennett                                 Ottawa, Ontario            $693,683.49                  49
      2         Express Realty Services                        Reston, Va.               $520,682.14                   102.75
      3         The Heller Real Estate Group                   San Diego, Calif.         $413,370.75                   36
      4         The Bocage Team                                Fremont, Calif.           $402,790.50                   49.20
      5         Brandon Green Companies                        Washington, D.C.          $385,336.11                   61.50
      6         Szakos & Associates                            Camarillo, Calif.         $367,713.41                   50.70
      7         The Philbeck Group                             Orlando, Fla.             $359,784.01                   148
      8         Brenkus Team                                   henderson, Nev.           $352,311.88                   115.20
      9         Rushforth Team                                 Ottawa, Ontario           $342,960.79                   48
      10        The Jordan Team                                Bonita Springs, Fla.      $312,180.02                   19.25
      11        Muffley & Associates                           Atlanta, Ga.              $311,616.70                   35
      12        Guldi Real Estate Group                        Waldorf, Md.              $311,116.89                   70
      13        The Sunset Team                                Los Angeles, Calif.       $307,197.00                   11.50
      14        The Millman Team                               Torrance, Calif.          $305,129.55                   29.30
      15        Seybert Team                                   henderson, Nev.           $304,610.33                   81.25
      16        Team Silver-Westrick                           San Clemente, Calif.      $304,317.59                   9
      17        Carol Royse Lifestyle Team                     Tempe, Ariz.              $301,069.60                   62
      18        The Marshall Group                             Salt Lake City, Utah      $298,695.71                   69
      19        The Monaghan Group                             Glendale, Ariz.           $292,351.99                   103
      20        Eng Garcia Group                               Washington, D.C.          $287,727.34                   20.50
      21        Fabulous Properties Team                       Pleasanton, Calif.        $282,125.94                   11
      22        Kenny Klaus Team                               Mesa, Ariz.               $282,094.67                   55
      23        Rhodes Team                                    Dallas, Texas             $279,929.22                   37
      24        Solwick Group                                  Santa Rosa, Calif.        $275,318.41                   44
      25        The Kink Team                                  The Woodlands, Texas      $271,669.36                   28
      26        Mr. Beverly hills                              Beverly hills, Calif.     $270,829.95                   33
      27        The Ida Terbet Team                            Raleigh, N.C.             $261,804.58                   34
      28        Smith Premier                                  Folsom, Calif.            $260,375.50                   48.50
      29        Middleton Team                                 San Diego, Calif.         $257,427.91                   20
      30        Steve Cruz & Associates                        San Antonio, Texas        $257,157.77                   90
      31        Ben Kinney/home 4 Investment Team              Bellingham, Wash.         $257,019.44                   45.65
      32        Jennifer Young Team                            Chantilly, Va.            $254,180.22                   48
      33        The Buehlers & Associates, Inc.                Flower Mound, Texas       $249,474.69                   42
      34        Kaushansky & Brown Team                        Toronto, Ontario          $248,463.50                   18
      35        Neal and Associates                            Wichita, Kan.             $245,929.74                   28.16
      36        The Jackie Ellis Team                          Boynton Beach, Fla.       $245,098.76                   47
      37        Sue Adler Team                                 Summit, Fla.              $244,297.00                   13
      38        Stephen Cooley Team                            Fort Mill, S.C.           $242,204.78                   45
      39        The Hoffman Murphy Team                        Hermosa Beach, Calif.     $241,597.04                   15
      40        Noel Team                                      Santa Monica, Calif.      $237,604.75                   9.10
      41        The Joe Iuliucci Team                          Las Vegas, Nev.           $235,429.29                   102.50
      42        Tommy Pennington Realty Group                  Southlake, Texas          $234,562.15                   18
      43        Jeff Stearman Team                             San Clemente, Calif.      $233,107.46                   16
      44        The Michael Reese Group                        Frisco, Texas             $232,228.40                   40.75
      45        The Zeleznak Group                             Scottsdale, Ariz.         $230,968.10                   39.13
      46        NastroTeam.com                                 Elk Grove, Calif.         $230,461.00                   42
      47        D&R Group                                      Livonia, Mich.            $230,433.01                   159
      48        The Graham Group                               St. Clair Shores, Mich.   $229,917.45                   110
      49        Jansen Coastal                                 Largo, Fla.               $228,365.88                   17
      50        McCormick Team                                 Palo Alto, Calif.         $227,000.00                   4



20   outfront                                       May/June 2010 • vol. 7 no. 3                        Keller Williams Realty
** AGENTS WITH THE MOST GROWTH AT THE FIRST LEVEL OF THEIR
        PROFIT ShARE TREE DURING ThE FIRST qUARTER OF 2010
                                                                                            TOP 11
                                                                                                STAKEHOLDERS**
                Name                             Region                                Market	Center                       Agents	Sponsored
      1         Susan Forster                    California-Southern                   La Jolla                            25
      2         Peggy Wilson                     Carolinas                             Spartanburg                         23
      3         Ann Lucia Krauter                California-Inland Empire              West Foothills                      19
      4         Bruce Trammell                   Michigan-Northern Ohio                Greater Cleveland Southwest         16
      5         Brent Mitchell                   Texas-South                           Austin Southwest                    13
      6         Joan McCollom                    Texas-South                           San Antonio Ih-10                   11
      7         John Gafford                     Southwest                             Las Vegas Southeast /Henderson      10
      8         Kathleen Rita Kelly              Greater - Pennsylvania                Media                               9
      9         Lewke Partners, Inc.             Mid-American                          Barrington                          9
      10        Debbie Klink                     Ohio Valley                           Louisville highlands                9
      11        Victoria Printz                  Texas-North and New Mexico            Midland                             9




  TOP 30
      MONEYMAKERS***
                                                                     ***DATA FROM CEO REPORT USED FOR AWARD PURPOSES
                                                                     (KW OWNER PROFIT ADJUSTED FOR FEDERAL/STATE TAXES), FIRST
                                                                     qUARTER 2010. CANADIAN DOLLARS CONVERTED TO USD.

                                                                                                                                      Ancillary	and
      Market	Center                    City,	State             OP                    TL                          MCA               Tax	Adjusted	Profit
 1    Roseville                        Roseville, Calif.       Wayne Hall            Brent Gove                  Chris Apsley            $124,158.87
 2    Austin Southwest                 Austin, Texas           Mary Tennant          Diane Johnson               Jeanie harvey           $121,197.70
 3    Vancouver, WA                    Vancouver, Wash.        Patti Siebold         Brian Combs                 Laura Uphoff            $114,216.23
 4    Heritage                         San Antonio, Texas      Mark Willis           Amy Massey                  Anna Reiswig            $105,269.20
 5    Bonita Springs                   Bonita Springs, Fla.    Kim Murphy            Mary Cassidy                Niki Zenczak            $89,295.61
 6    The Woodlands                    The Woodlands, Texas    Judith Hopkins        Diane Flicker               Christopher Webster     $84,931.31
 7    Santa Monica                     Santa Monica, Calif.    Rick Cunningham       Colette Ching               Tamara Robinson         $72,639.44
 8    Greater Portland                 Portland, Maine         Dottie Bowe           Leanne Barschdorf Nichols   Sharon Kimball          $69,959.45
 9    Beverly hills                    Beverly hills, Calif.   Paul Morris           Robert Aigner               Matthew A. Kessell      $68,296.75
 10   Blue Bell                        Blue Bell, Pa.          Michael Campo         Todd Polinchock             Jennifer Pouss          $67,397.94
 11   DFW Metro South                  Arlington, Texas        John Davis            Smokey Garrett              Holly Serben            $66,583.42
 12   Bayside, queens                  Flushing, N.Y.          Louis Cardenas        Allison Gambone             George Herrera          $65,811.42
 13   Hollywood Hills                  Los Angeles, Calif.     Paul Morris           Gary Reavis                 Carmen Guevara          $64,455.97
 14   Charlotte - South Park           Charlotte, N.C.         Ed Arrington          Amy Hawke                   Star Waddell            $62,874.19
 15   San Antonio Legacy Group         San Antonio, Texas      Jerri Smallwood       Steven Gragg                Joan Adams              $61,601.63
 16   Houston Metropolitan             Houston, Texas          Mark Willis           Candace Caspersen           Janine Broussard Ford   $61,532.95
 17   Austin Northwest                 Austin, Texas           Mary Tennant          Gene Frederick              Linda Timmerman         $61,016.73
 18   Reno North                       Reno, Nev.              Robert Clement        Melanie Kennemann           Sheryl Lotz             $55,339.79
 19   Dallas Park Cities               Dallas, Texas           Mike Miller           Linda Carothers             James R. Giesen         $54,430.22
 20   Baton Rouge                      Baton Rouge, La.        Larry Champagne       Mary Garner DeVoe           Cindy Newchurch         $53,218.34
 21   Ottawa                           Ottawa, Ontario         Jeff Hooper           Sunny Daljit                Debra Bourne            $53,161.56
 22   Knoxville-West                   Knoxville, Tenn.        Jeff Harrell          Sharon Laing                Elaine Maynard          $53,021.97
 23   Denver Tech Center               Englewood, Colo.        Pamela Kiker          Anthony Carnesi             Linda Dunning           $52,430.26
 24   Chandler/Sun Lakes               Chandler, Ariz.         Alison Bechtel        Raejean Myers               Lauren Harrigan         $49,208.44
 25   South Tampa                      Tampa, Fla.             Kevin Chadwick        Kevin Cahill                Marta Vega              $49,161.34
 26   Dallas Preston Road              Dallas, Texas           David Osborn          Brett Caldwell              Sandra Griffin          $48,411.29
 27   Bedford-Manchester               Bedford, N.H.           Alan Rice             Mark Mulcahy                Debi Levine             $48,343.07
 28   Atlanta - Sandy Springs          Atlanta, Ga.            Shaun Rawls           Steve Kout                  Kenneth Gardner         $48,111.41
 29   Elk Grove                        Elk Grove, Calif.       Don Yoakum            Mindy Demain                Tim McCleary            $46,964.16
 30   Pembroke Pines / Miramar         Pembroke Pines, Fla.    Natascha Tello        Rita Polit                  Lourdes E. Villamil     $45,964.78




           Keller Williams Realty                                May/June 2010 • vol. 7 no. 3                                            outfront        21
SYSTEMATIZING SHORT SALES
      S U C C E S S S T R AT E G I E S F R O M A S h O R T- S A L E A F I C I O N A D O
     Knolly Williams	is	a	systems	kind	of 	guy.	Whether	he's	helping	    a	training	manual	and	a	multi-component	toolkit	in	order	to	
     clients	who	are	underwater	on	their	mortgage	to	negotiate	a	        guide	other	agents	through	the	often	unchartered	waters	of 	
     short	sale	with	their	bank	or	running	a	gospel	music	recording	     short	sales.	Called	7 Days to Success with Short Sales,	Williams	
     company,	Williams	figures	out	what	it	takes	to	catapult	a	          explains	that	the	toolkit	includes	a	300-page	training	manual,	
     business	to	the	top,	and	he	sticks	with	it.		                       a	section	on	the	“Top	25	Ways	to	Generate	Short-Sale	Leads,”	
     	 In	2003,	after	reading	The Millionaire Real Estate Agent,	        more	than	55	forms	that	are	frequently	used	in	short-sale	
     Williams	made	the	leap	from	the	music	business	to	real	estate,	     transactions,	more	than	250	bank	contacts	nationwide,	and	an	
     and	took	nearly	30	listings	in	his	first	60	days.	                  audio	CD,	which	can	be	found	at	
     By	the	end	of 	his	first	year	he	ranked	among	                      http://agenttoagentmarket.com.	Having	spent	more	than	
     the	top	REALTORS®	in	Central	Texas.	                                       20,000	hours	on	short	sales	and	completed	more	than	
     Then	he	shifted	his	focus	to	short	sales,	                                       500	short	sale	transactions,	I’ve	identified	the	
     and	managed	to	make	an	even	                                                       full	range	of 	pitfalls	and	have	condensed	my	
     greater	mark.	                                                                     knowledge	into	a	comprehensive	guide."
     	 His	team	handled	96	                                                           	       “7 Days to Success with Short Sales	is	a	system	
     transactions	last	year,	most	of 	                                              that	can	be	equally	useful	to	experienced	agents,	
     which	were	short	sales.	He	earned	                                          as	well	as	those	who	are	new	to	the	short-sale	arena,”	
     more	than	$450,000	in	GCI	and	decided	                                  Williams	explains.	“The	program	teaches	beginners	the	
     to	join	forces	with	Keller	Williams	Realty.	                               systems	that	I’ve	used	to	be	successful,	and	helps	more	
     Now	an	associate	with	the	Austin-Southwest	                                         experienced	agents	to	take	their	business	to	the	
     market	center,	Williams’	understanding	                                                    next	level.	I’ve	found	that	agents	who	have	
     of 	the	importance	of 	systems	and	his	                                                      completed	as	many	as	50	to	100	short	
     commitment	to	making	a	contribution	                                                           sales	are	still	often	lacking	in	the	refined	
     wherever	he	goes	have	made	him	a	                                                                systems	that	can	have	a	powerful	
     superior	fit	with	the	Keller	Williams	                                                             impact	on	their	success." kw
     culture.
     	 In	addition	to	serving	
     as	a	MAPS	fast-track	
     coach	who	is	focused	on	
     training	agents	on	how	                                                                                  Visit:
     to	efficiently	find,	list,	                                                                               http://agenttoagentmarket.com
     process	and	close	short	sale	
     transactions,	he	has	developed	                                                                            Knolly Williams
                                                                                                               Photos by Matt Lankes




                          P R O V E
                      P                            AGENT TO AGENT MARKET LAUNCHES WITH
                  A




                                      D




              kw | AGENT TO AGENT MARKET           7 DAyS To SuccESS wITH SHoRT SAlES
                       POWERED BY:
                      MAPS COACHING
                                                  Celebrating the entrepreneurial spirit within so many Keller Williams associates, Keller
                      R                           Williams Realty has established a new forum for agents to share their products and
                  P




                                  T




                          O D U C
                                                  systems with the entire real estate industry.
                                                      Masterminded by Gary Keller, co-founder and chairman, Keller Williams Realty, and
                                                  Dianna Kokoszka, MAPS President, the Agent to Agent Market is truly a marketplace that
                                                  is built by agents for agents.
                                                      Real estate professionals who want to sell their ideas, systems, processes, marketing
                                                  materials and training programs, to their fellow real estate professionals can apply to have
                                                  their product included as an Agent to Agent approved product.
                                                      To see if your entrepreneurial project would be right for Agent to Agent Market, email
                                                  us at agenttoagent@kw.com.

22     outfront                                       May/June 2010 • vol. 7 no. 3                             Keller Williams Realty
PIT
                                                                                                                  Risk Management




      FALLS                                                                    TO AVO I D W I T h
                                                                               ShORT SALES AND
                                                                               FORECLOSURES

                                   IN OUR REAL ESTATE WORLD TODAY,
                                  WE HAVE MANY COMMONPLACE TERMS
                    WhICh WEREN’T ON OUR RADAR FIVE YEARS AGO.
   By Avis Wukasch

To name a few: short sale, deed in lieu      proper steps to be authorized. In our area,
of foreclosure, foreclosure specialist and   many people call themselves “short sale
short sale negotiator. Of course, we all     negotiators” or “loss mitigation specialists,”
know short sale does not refer to the time   charging exorbitant fees, despite the fact
involved from contract to closing, and we    that they are not licensed or registered
have come to realize that in the current     with the required state agency. There will
market, negotiation skills are more critical surely come a time when those persons will
than ever.                                   be headlines in our area (and not in a good
   In light of the new landscape that we’re  way). So let us remember our obligation
operating in, let’s review a few words of
caution concerning the listing and sale of
                                                                ®
                                             as REALTORS to pay attention to what's
                                             going on around us and remember that the
short sales and foreclosures.                activities of one of us reflect on all of us.
   In some states, your real estate license     The current market has also given
grants you the                                                      rise to companies
ability to assist                                                   and individuals
your seller with             “Let us remember                       that purchase short
negotiations for a             our obligation                       sales and resell

                                                   ®
short sale through                                                  them to a buyer at
their lender. In
                              as REALTORS : to                      a profit. Some of
other states, you         police our own, and these companies
need additional              report illegal or                      or individuals are
registration or                                                     legitimate and some
licensure with             unethical behaviors are not. My best
another state             and activities to the advice to you: when
                                                                                               Avis Wukasch is team leader of the Round
agency in order            proper authorities." someone comes to                               Rock (Texas) market center. Having
to perform this                                                     you with a proposal
                                                                                               recently been ranked among the 100 Most
service. If you are                                                 such as this, get copies
negotiating short sales for a third party    of every document they use, review them           Influential women in Real Estate, Avis
(who is not your listed seller or a buyer    carefully and have your attorney review the       currently serves as a commissioner for the
you represent attempting to purchase a       documents as well.                                Texas Real Estate commission and is the
short sale) you may also need additional        I anticipate that in the next year or so,      immediate past chairman of the board for
registration or some other type of license   plaintiff ’s attorneys will be advertising        the Texas Association of REAlToRS®. on
in your state.                               for sellers who believe they were treated         the forefront of regulatory issues affecting
   It is critical that you make certain the  unjustly in a foreclosure or short sale.          real estate professionals in Texas, wukasch
tasks you are performing for a buyer or      Let’s do our due diligence and make sure          is certified to teach continuing education
seller are sanctioned by your real estate    Keller Williams Realty is not named in any        and prelicensure classes on agency,
license and, if not, that you take the       wrongdoing. kw                                    marketing, law and contracts.




         Keller Williams Realty                           May/June 2010 • vol. 7 no. 3                                    outfront            23
Social Networking

                                SOCIAL MEDIA MAVENS
                                ShARE LEAD CAPTURE STRATEGIES
                                                               By Jennifer LeClaire

     Finding prospects. Building relationships. Driving referrals. Social media is opening up a
     new world of oppor tunity for Internet-savvy real estate agents willing to invest a little time
     blogging and engaging in conversations on social networking sites.

     DIGITAL FARMING ON FACEBOOK                                             	 Adler	frequently	congratulates	people	who	post	about	their	
     Liz Landry,	associate	at	the	Orange	Park-Jacksonville	(Fla.)	           new	baby,	for	example,	because	she	realizes	social	networking	
     market	center,	is	working	her	sphere	and	meeting	new	people	            is	about	building	relationships	-	not	
     by	executing	a	strategy	she	calls	“digital	farming.”	Reaching	          about	selling	houses.	If 	you	build	the	
     out	to	a	group	of 	people	interested	in	a	single	master-planned	        relationship,	she	says,	your	Facebook	
     community	in	Jacksonville,	Landry	utilizes	a	niche	Website,	a	          friends	will	turn	to	you	when	they	
     blog	and	a	Facebook	page	that	offers	people	who	live	there	a	           are	ready	to	shop	or	sell	a	house.
     chance	to	interact.                                                     	 Adler’s	strategy	is	working.	
                               “When	you	look	at	farming,	you	               During	the	past	year,	she	can	trace	
                                  greet	people	once	a	month.	You	            20	closings	to	REALTOR®		referrals	
                                   send	postcards	to	a	specific	             through	Facebook.	
                                    demographic,”	Landry	says.	
                                    “With	Facebook,	you	can	                 BETTING ON
                                   specifically	target	a	demographic	        NICHE BLOGS
                                  or	a	geographic	area	virtually	for	        Mariana Wagner,	an	associate	in	the	Colorado	Springs	
                               free	and	greet	them	daily	–	and	it’s	         South	market	center,	says	100	percent	of 	her	new,	nonrepeat,	
                         nonintrusive	because	we’re	contributing	            nonreferral	business	is	stemming	from	her	online	efforts	–	and	
                           useful	information.”                              as	much	as	90	percent	is	directly	related	to	her	blog.	Wagner	also	
                           Landry	establishes	her	market	expertise	          reports	getting	one	or	two	deals	every	month	from	Facebook	
     by	posting	videos	on	the	Facebook	page,	offering	tips	on	real	          and	Twitter.
     estate	for	sale,	open	houses	and	special	events	in	the	community.	      	 “With	Twitter,	it’s	not	about	posting	new	listings.	That’s	not	
     This	strategy	allows	her	to	put	her	brand	in	front	of 	prospects	       what	gets	the	business,”	Wagner	says.	“My	interaction	on	Twitter	
     365	days	a	year	without	increasing	her	advertising	budget.	With	        –	my	caring	about	what	other	people	are	doing	and	interacting	
     social	media,	the	messages	also	have	the	potential	to	spread	           with	them	–	that’s	what	gets	us	referrals.	It’s	the	same	with	
     across	the	wider	Facebook	community	with	a	single	click.                Facebook.	You	can	get	into	trouble	being	all	business,	all	the	
     	 “My	blog	is	all	about	real	estate,	but	with	Facebook	we’re	80	        time.”
     percent	community	and	20	percent	real	estate.”	                         	 By	contrast,	Wagner	is	die-hard	real	estate	on	her	blog.	It’s	all	
     	 Landry	figures	she	closes	two	or	three	deals	a	month,	on	             real	estate,	all	the	time.	That’s	because,	as	she	sees	it,	if 	someone	
     average,	through	her	social	media	efforts,	but	she	is	betting	          is	searching	about	real	estate	and	they	land	on	her	blog,	they	
     the	cumulative	effect	of 	the	relationship	building	has	an	even	        don’t	want	to	hear	about	her	dog.	
     greater	impact	that	can’t	be	measured.                                  	 Wagner	says	there	is	still	room	to	grow	her	efforts	in	social	
                                                                             media.	“I	could	be	maximizing	some	of 	my	Facebook	fan	
     MAKING PROFITABLE CONNECTIONS                                                                        pages	better	by	making	them	more	
     Sue Adler,	an	associate	at	the	Summit	(N.J.)	market	center,	is	a	                                        community	oriented	rather	than	just	
     model	for	quick	video	marketing	on	Facebook.	She	has	created	                                              advertising	billboards,”	she	says.	
     videos	about	the	towns	she	serves,	as	well	as	client	testimonials,	                                         “We’ve	dominated	in	some	niche	
     and	posted	them	to	neighborhood	pages.	She	also	“tagged”	                                                   markets,	and	I	think	we	can	reach	
     the	videos	with	the	names	of 	the	people	who	were	featured.	                                                out	and	dominate	a	few	more.	So	
     The	campaign	went	viral	across	the	social	media	platform,	                                                 it’s	not	so	much	doing	new	things,	
     showing	up	on	YouTube,	Google	search	and	Facebook.                                                      it’s	just	doing	what	we’ve	been	doing	
     	 “I	have	more	than	2,500	friends	on	Facebook,	but	I’ve	                                           at	a	greater	level.” kw
     separated	potential	clients	and	clients	into	one	category	and	
     my	high	school	friends	and	family	into	another	category	and	
     other	REALTORS®	into	a	separate	category.”


24       outfront                                          May/June 2010 • vol. 7 no. 3                             Keller Williams Realty
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move
KW's Top Houston Team Makes Big Move

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KW's Top Houston Team Makes Big Move

  • 1. A PUBLIC ATION OF KE L L E R WI L L I AM S R E ALT Y, I N C . M AY /J U N E 201 0 , VO L. 7 NO. 3 IT’S A SIGN OF THE TIMES Worldwide Top Producer and Houston’s No.1 Team Comes Home to KW! Gary Keller on leadership - PG. 14 New stakes for KW in the REO realm - PG. 17 BOLD and BOLDER: MAPS launches course for leadership - PG. 18 MEGA Camp is right around the corner! - PG. 27
  • 2. 2 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 3. DEAR ASSOCIATES, We set big goals in this company. And we’re driven by the confidence that we have what it takes to achieve those goals. So it’s not often that our expectations are totally exceeded. But that’s what happened when we saw before, now is the time to commit to and closed transactions joined forces our numbers for March. growth by implementing all recruiting with us. [See cover story on Page 6]. sources to gain our “unfair share” of And it has been awesome for all of • We added eight new market centers to the market. ALCs: sharpen your focus us to witness what happens when the end March with 677 offices. on growth! Passionately brainstorm Keller Williams opportunity emerges • We grew by more than 1,200 action plans for accountability and big-time in another market where our associates to end March with 77,261 growth! company’s impact had not yet been felt. associates. Remember the “15 in 5 Challenge” – [See “Conversion breathes new life into three cappers every year for five years. careers,” Page 9]. As I write this, based on the reported This is your time to take advantage of Our momentum has never been year-end 2009 numbers for Century the life-changing impact that passive greater, and there’s never been a better 21 and RE/MAX, we are only 865 time for you to reach out and extend associates away from surpassing Century the Keller Williams opportunity to your 21 to become the second-largest real sphere of influence. Ultimately, it all estate company in the United States, comes down to you. You are the reason and we’re only 620 associates away from why agents are changing to Keller inching out RE/MAX for the No. 3 Williams Realty: your success, your spot for all of North America. By the integrity, your energy. So thank you. time this issue of OutFront is printed What drives us is a passion to see you and mailed to your market center, the achieve your biggest goals and to lead a countdown will have begun. great life. This announcement thrills us because So as the real estate industry buzz we’re all in this together, and it’s just about Keller Williams Realty takes on an further proof that you are the best even greater pitch, our dream is that you in the business. Profit share grows income through profit share can have on are putting it to work for you! as Keller Williams Realty grows, and your bottom line. that was certainly true in March when The following pages present Yours in seizing opportunity! profit share shot up $2.3 million over just a snapshot of our growth and the previous month. To top that off, momentum. Last month, Joe Rothchild, profit share for March of 2010 was $1.8 a top-ranked RE/MAX franchisee and million higher than March of 2009! the leader of Houston’s No. 1 selling Mark Willis This is our time! More than ever real estate team in both dollar volume CEO, Keller Williams Realty Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 3
  • 4. table of contents vol. 7, no. 3 - May/June 2010 As your summer travel plans take shape, make sure that investing in YOU and learning how to UNLEASH YOUR POWER doesn’t take a 05 ONLINE ADVANTAGE 06 HEAD-TURNING TRANSITION back seat to the sand More visitors mean more Why did the leader of and sun! leads. Check out the new Houston’s top-selling team Mega Camp 2010 is an mobile.kw.com! make the switch to Keller industrywide destination Williams Realty? that promises to be more power packed than ever before. > MEGA LEADERSHIP Sept. 13-14 08 "EVERYBODY WINS!" 10 SECRET SAUCE > MEGA Keller Williams Realty Marnie Bennett's market TECHNOLOGY Sept. 14 breaks new ground in saturation strategy has northern Ohio. catapulted her to the > MEGA AGENT Sept. 15-16 top in Ottawa. Learn more and register NOW! http://events. mapscoaching.com 22 AGENT-DRIVEN SOLUTIONS 24 NETWORKING KNOW-HOW Short-sale Social media mavens aficionado kicks off share strategies on Agent to Agent Market. optimizing every outlet. May/June 2010 vol. 7 no. 3 Marketing and Communications Director: 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© 2010 Keller Williams Realty, Inc. Marketing and Communications Coordinator: Laura Price by Keller Williams Realty, Inc. No portion may be reproduced in whole or in part by any means, including Copy Editor: Jeff Ryder electronic retrieval systems, without the express written 807 Las Cimas Parkway, Suite 200 Design: Travis Drake permission of the publisher. Editorial or advertising does Austin, Texas 78746 Contributors: Celesta Brown | Jill Dwyer | Jennifer LeClaire | not constitute advice but is considered informative. (512) 327-3070 phone Elizabeth Millard (512) 328-1433 fax Advertising: Tom Freireich (advertising@kw.com) Copyright© 2010 Keller Williams Realty, Inc. Job Inquiries: (jobs@kw.com) All rights reserved. 4 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 5. Technology D O YO U R C L I E N T S K N OW. . . THE NEW KW.COM HAS GONE MOBILE!* Search results atures include key fe ty, of the proper s multiple photo and the listing ct agent's conta information! F R O M T H E K W M O B I L E H O M E PA G E , YO U R C L I E N T S C A N : • Locate upcoming KW open houses. • Search for KW proper ties based on city or ZIP code, price range, open house or MLS number. • Find home values for a specified address. • Switch to the standard view of KW.com. To learn more about kw mobile, go to mobile.kw.com. *This mobile version is designed and optimized for iPhone and Droid devices, but will work on other devices as well. Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 5
  • 6. Cover Story IT'S A SIGN OF THE TIMES WORLDWIDE TOP PRODUCER AND HOUSTON’S NO.1 TEAM COMES HOME TO KW! By Lisa Wahlgren As Joe Rothchild sees it, both his business and the time, Rothchild said, his perception of Keller Williams entire real estate industry have evolved over the past Realty was that of a “little company that kept showing decade, and particularly throughout the recent market up here and there.” shift. This evolution gave rise to Rothchild's realization That’s all changed. that the Keller Williams business model is clearly the “I don’t believe it’s a question of if Keller Williams most advantageous – for agents and market center Realty becomes No. 1 in the Houston market, I believe owners alike. it’s a question of when. And I want to be a critical part After 20 years as a RE/MAX franchisee, Rothchild of that.” kw stepped in as operating principal of the Keller Williams Signature office in Katy, Texas, with Tamara Mannen serving as the team leader. As they did so, heads turned. For the past 15 years, Rothchild has raked in untold accolades as one of the top 10 teams in RE/MAX and was No. 1 worldwide for three years in a row. In 2009, his team was ranked by the Houston Business Journal as No. 1 in dollar volume and closed transactions. Rothchild explains how he decided to join forces with Keller Williams Realty. “I wasn’t just looking at what was best for Joe Rothchild, I was looking at what was best for our agents. Every time I tried to reinvent the model, to create something that would serve us both, I came back to the Keller Williams model – one in which no one makes money unless everyone makes money. I saw no need to reinvent the wheel, so I called Gary Keller.” It was a connection that had been forged many years ago when Rothchild was interviewed by Keller for The Millionaire Real Estate Agent. At the Photos By: Richard Carson 6 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 7. Cover Story Photo By: Shannon Reiswig Dale Ross WHEN THERE’S NO qUESTION THAT KELLER WILLIAMS TIME HAS COME! Dale Ross was one of the first 50 RE/MAX agents in Houston. Signing on back in 1985, he says that model worked for him for many years. Earlier this year, however, Keller Williams Realty entered his radar as Joe Rothchild conveyed that he was considering joining forces, and Joe Rothchild asked for his input. The more Ross learned about Keller Williams Realty, the more he liked. “I factored in the Keller Williams systems, GOING THE training and support. I’ve read The Millionaire Real Estate Agent and SHIFT. Those are great books for D I S TA N C E any agent at any point in their career.” Within a week of joining Keller Ross concluded that “Keller Williams offers an Williams Realty, Joe Rothchild all-around better system for agents, plus the prospect of earning residual income.” spor ted a Keller Williams jersey From a cultural standpoint, Keller Williams Realty also and joined 13,000 cyclists on April stands out, Ross observes. “When the market went 17-18 in the 26th annual BP MS south back in 2008, things got pretty quiet around here.” 150. The 170-mile bicycle ride But it’s been very different with Keller Williams Realty, he observes. “I see a cohesiveness among the agents. from Houston to Austin raised a The staff has injected a liveliness that’s really brought us record $18 million – $4,000 of together as an office.” which was raised by Rothchild Ending 2009 with $19 million in production, he says – in suppor t of the National he’s recently added two assistants and two buyer’s agents Multiple Sclerosis Society. to his team and plans to take advantage of all the training that’s available. Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 7
  • 8. David Chervenic “I feel that this is my business. I am working toward my success, not the company’s.” -Patti Kurtz, Stow, Ohio 8 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 9. New Opportunities B E T T E R T O G E T H E R CONVERSION BREATHES NEW LIFE INTO CAREERS By Celesta Brown There’s a buzz in northeast Ohio as Chervenic Realty, us collectively and individually stronger,” he notes, adding a legendary and longstanding independent real estate that all 127 agents are wholeheartedly embracing the company, has converted to Keller Williams Realty. change. “They are finding that the change of identity has A leader in the market since 1973, David Chervenic served to enhance their business and productivity.” – whose mother founded Chervenic Realty, based in Noting the success of the new company in town, other Stow, Ohio – had made a name for his company and agents have started jumping on board. Patti Kurtz, a attracted a loyal following of agents and clients. But the successful agent in a neighboring market, was intrigued lagging economy had made it harder and harder to sustain when Chervenic approached her and explained that he his company’s traditional 50/50 split structure. Further joined Keller Williams Realty because he saw it as the best weighing down his business was the merger of his closest way to grow his family business. Since she and her husband, competitor in the market with another large firm. “It Jim, ran their real estate company as a family business, became clear that we could not continue the way we were they agreed to meet and were immediately struck by his going,” Chervenic says. enthusiasm for the new venture. Timing is everything. Ten years ago, Chervenic’s sister, She quickly realized what Chervenic had – that the Keller an agent in Florida, took notice of Keller Williams Realty Williams model was a puzzle-perfect fit for her family in her market, even though she was not affiliated with the model and entrepreneurial spirit. “This entrepreneurial company. She suggested to her brother that he look into spirit does not exist in the traditional real estate brokerages. Keller Williams Realty and auspiciously planted a slow- You are called independent contractors, but that really isn't growing seed. Nine years later, he took this advice to heart. the case,” Kurtz explains. “So, after careful consideration, “Keller Williams just kept standing out,” he says. Jim and I made the leap to Keller Williams Realty last Throughout the next year, Chervenic met with regional December.” leadership, went to Mega Camp, and traveled to Austin to As a Keller Williams agent, she emphasizes, “I feel that meet with Mark Willis, CEO, Keller Williams Realty. Every this is my business. I am working toward my success, not step along the way he was impressed, and wanted to make the company’s." sure that his agents felt the same way. He discussed it with them, included them in the decision-making process, and "EVERYBODY WINS" on Dec. 18, 2009 Chervenic Realty became Keller Williams Since the conversion, Keller Chervenic Realty. Williams Chervenic Realty has gained 33 new agents and added a KW Commercial division, with FAMILIAR FEEL the addition of Bill Monbeck as Photo By: Stephanie Krell Fundamentally, it all feels very familiar. Chervenic was director. looking for a company that respected his independence Among the new agents, and the independence of his Laurie Schrank Laurie Schrank transferred agents. What he found was that her license from a high-profile Chervenic Realty’s success was competitor, and is already benefiting from the training, not compromised by teaming which she sees as a distinct advantage in the market. with a fast-growing, franchise “People outside the industry don’t always understand how company. Instead, he feels that many hours we put in,” Schrank says. “Building a successful his company’s independence is business requires an enormous amount of time and energy. intact and that his agents are Time is money. Keller Williams understands this so well and receiving the support they need gives me access to the ideas, materials, training and support to take their businesses to the that help me work optimally. My success is their success. next level. “Becoming Keller Everybody wins.” kw Patti Kurtz Williams Chervenic Realty made Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 9
  • 10. VIEW FROM M A R N I E THE TOP B E N N E T T I S O N L Y L O O K I N G U P By Elizabeth Millard What does it take to become the top-producing team for Keller Williams Realty? Marnie Bennett, associate with the Ottawa market center and Ottawa’s 2009 Businesswoman of the Year, has a pretty good idea. Ranking as No.1 for the first quarter of 2010, with $693,683 in GCI, Bennett’s winning strategy is a combination of experience, creativity and skill. With more than 25 years in the business, she’s worked with a major Canadian real estate company and then as the owner of her own 15-agent firm. Having joined forces with Keller Williams Realty in November 2007, she believes she’s found the best of both worlds. Keller Williams proved attractive for numerous reasons, she notes: "What I love is that it's so agent- centric here. I'm a marketer by trade, so I loved the marketing aspect and how you can be a company within a company. I like people who are on top of their game and a company that can change with the times. I found it here." In terms of her "secret sauce" for success, Bennett’s marketing prowess has proven to be multifaceted. To stay top-of-mind within her market, she harnesses social networking sites, conducts seminars, hosts a local radio show and mentors other agents on wealth- building strategies. TIGHT NETWORK Most notably, she's developed the "Bennett VIP Club," comprised of business partners that offer significant discounts on their products and services. Since Bennett works on large listings such as high-rises – one recent listing was $110 million – the partners give her volume pricing for furniture, appliances, landscaping and other services for these big developments, and then extend "preferred pricing" to her other clients. The partners comprise an array of firms, from furniture stores to interior designers, custom window makers, maid service companies, pool maintenance – even car dealers and vacation brokers. "It's a value- add package, and it really differentiates me from other Photo by Alan Dean agents," she says. "When people list or buy from me, I'll give them a $1,000 shopping spree through these partners, and that's very compelling for many people." Marnie Bennett 10 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 11. She also offers a free staging service with access to up to Success Story $10,000 in furniture and other accessories that she lends, a strategy made possible by keeping warehouses full of staging items. Professional videographers are on her payroll, “Keller Williams systems and models have and she often puts these videos on YouTube so potential been positively changing local markets, clients can access them from anywhere. It's all part of a 25-step marketing plan, she says, and a 79-item checklist for and the transformation is evidenced by what needs to be done with a house to get it ready to sell. the incredible talent and leadership of "I've always had the philosophy that I wouldn't sell agents such as Marnie Bennett and the a house that I wouldn't buy myself, or sell to a family member," she says. "After having been in this business Bennett Real Estate Professionals." for nearly 30 years, that one, simple rule has served me incredibly well." - John Furber, “Marnie has been building toward this level of success regional director, Canada for more than 25 years,” notes Sunny Daljit, team leader of the Ottawa market center. “She has a special understanding with builders. She knows how to design projects and take them all the way through to the end. As a result, she's been building her resale business within that group. She's an extremely dynamic woman, and she does her work with such ease. I think what you're seeing now is the result of years of hard work.” John Furber, Canada’s regional director adds, “Keller Williams systems and models have been positively changing local markets, and the transformation is evidenced by the incredible talent and leadership of agents such as Marnie Bennett and the Bennett Real Estate Professionals. Marnie has proven herself as a great implementer and a true "master of the models!” WHAT'S NEXT? For the future, Bennett is ready to take on the challenge of staying in the top spot. "We're in a seller's market here, and the opportunities just keep expanding," she says. "Since Ottawa is the capital of Canada, about 70 percent of people here are in government-related jobs, making us somewhat insulated from the effects of the economic crisis. In fact, 2009 has been the best ever in terms of sales. So we want to keep going along that track." Bennett also expresses interest in tweaking her customer service plan to be even more effective. "It's important to me to be No. 1 in customer service, so I'm trying to develop a system where we can always give five- star service, no matter what.” kw IE MARN T'S B ENNET IG 5 1. Have a business plan. B 2. Invest in yourself through education and training. Set aside time and money specifically for that purpose. 3. Be willing to adapt and embrace change. 4. Recognize what's working for you, and more importantly, what's not working. 5. Be aware of your weaknesses and work to overcome them. Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 11
  • 12. KW Commercial C APITAL LEADERShIP FOR KW COMMERCIAL THE BEST OF BOTH WORLDS By Jennifer LeClaire D. Scott Smith D. Scott Smith has only one regret about his decision to join industry. That was attractive to me.” KW Commercial: he didn’t do it sooner. Smith points out that money isn’t what drives him – even Smith, 33, signed on with the KW Commercial family in though he’s long since proven himself to be a heavy hitter. He November 2008 and has been making his mark ever since. prefers a family culture to a money culture, but KW Commercial Today, he’s the director of KW Commercial for the Towson offers the best of both worlds: a supportive environment and market center in Baltimore, Md., and serves as president of the most attractive commission model in the industry. the CCIM Maryland/D.C. chapter. He’s also a member of “My motivation is helping people learn,” says Smith, who the Commercial Leadership Council, chair of the National serves as an instructor for the REALTORS® Commercial Recruiting Committee, and is involved in the development of Alliance of NAR, as well as his local real estate board, and has KW Commercial’s educational curriculum. been working closely with the group to build its commercial “KW Commercial was a natural progression for me,” says curriculum. Smith, noting that he launched his career 13 years ago as a Specializing in brokering smaller tier investments in the Mid- residential real estate broker in pursuit of a CCIM designation. Atlantic area, Smith has carved out a lucrative niche based on his He went on to work as a commercial broker at a well-known ability to identify growth potential for the deals that larger firms national firm, but didn’t like the “cold, corporate-climate feel.” tend to shy away from – primarily in the $100,000 to $5 million The turning point in Smith’s career came when a student at one range. of his commercial real estate workshops introduced him to the “Either other brokers don’t want to service this range, or they Keller Williams opportunity. don’t know how,” Smith says. “That’s great for me because I “What I like most about KW Commercial is that it’s like have referrals coming in from everywhere – not just from Keller working in a modern mom and pop shop – but it’s a national Williams but also from other local brokerages that don’t want mom and pop shop,” says Smith. “Helping each other is part of to handle these smaller deals. And I’ll take half-a-million-dollar the culture and that’s unheard of in the commercial real estate listings any day.” 12 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 13. A MODEL TO FOLLOW Since entering the world of commercial real estate five years ago, Anthony Bolling has made his mark on the Washington, D.C., market – and then some. Despite all of his successes, 2009 was a major turning point. That’s when Bolling joined KW Commercial. “In October 2008, I was at a bookstore at the CCIM board meeting when I saw The Millionaire Real Estate Agent, by Gary Keller,” recalls Bolling, now a managing director for KW Commercial in the Upper Marlboro market center. “This book changed my life. It told me to get back to basics: listings, leads and leverage. I showed the book to one of my CCIM vice presidents, Scott Smith, and he was already working with Keller Williams.” That’s all it took to convince Bolling to leave his position as principal broker at Sovereignty Real Estate Services and fully Photo by Steve Ruark embrace the Keller Williams model. That same year, he was recruited for the Jay W. Levine Leadership Development Academy, an initiative to foster the development of the next generation of leaders in the Anthony Bolling commercial investment real estate industry. Under Bolling’s leadership, the CCIM Photo by Steve Ruark Maryland/Washington, D.C., chapter had grown fivefold, and in 2009, CCIM recognized Bolling as one of 10 rising stars in commercial real estate. He now sits on the CCIM board of directors and serves as the Region 10 vice president. As a member of KW Commercial’s Leadership Council, Bolling now serves as a mentor to both residential and commercial agents. “So often I find that real estate professionals, particularly those who are transitioning to commercial, are unclear about what they need to do to move their business and career forward,” says Bolling, an attorney who himself worked in residential real estate before moving into commercial transactions in 2005. “The Keller Williams model is the future of the industry. I’ve worked in big- boy shops. I’ve worked in residential shops. KW has the right model.” “The profit sharing that KW Commercial offers is an exciting revenue stream,” Bolling says. “I believe in the model. If Mo Anderson says all the CLC members need to get 15 people on their first-line profit sharing tree, that’s what I’m going to do. I don’t make up the rules. I just go with the model. It works.” Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 13
  • 14. From: Anthony Vulin LEADERSHIP LAB Sent: Wednesday, April 7, 2010 10:47 AM GARY KELLER ON BECOMING AND To: Gary Keller Subject: Leadership Skills BUILDING GREAT LEADERS Hello Gary, I am the Team Leader in Los Feliz (near Downtown Los Angeles) I am intending to develop stronger leadership skills within my ALC. I have a very dynamic ALC this year with many mega agents new to KW. We have begun to study John Maxwell's 21 Irrefutable Laws of Leadership and are on chapters 1-3. We are working through the workbook and one exercise asks us to talk to someone whose leadership lid is unlimited, and ask the following questions: 1. What are the top 3 challenges you've faced as a leader? 2. What are the top three things you can credit to your growth as a leader? 3. What are you currently doing to grow as a leader? 4. What is the best piece of advice you would have for someone who aspires to be an effective leader? 5. What 3 books have made the greatest impact on your leadership? We would appreciate your input so very much. We all respect what you have done for KW and aspire to make you proud and to add to the success of our company! Anthony Vulin From: Gary Keller Sent: Tuesday, April 8, 2010 9:26 AM To: Anthony Vulin Subject: RE: Leadership Skills Hi Anthony. Thanks for your note. My answers: 1. What are the top 3 challenges you've faced as a leader? 1. Vision - Where are we going? 2. Having the right people - Who will get us there? Anthony Vulin Gary Keller 3. Training, supporting, mentoring, leading them - Can they do it? 2. What are the top three things you can credit to your growth as a leader? 1. Vision - I figured out where we were going. 2. People - I found the right people to get us there. 3. Training, supporting, mentoring, leading - They got what they needed to be effective. 4. There is a fourth: I had an awesome mentor I was personally accountable to when I needed it most. I personally paid over $100,000 a year to this individual to personally mentor me, train me, and hold me accountable through one of the toughest business periods of my life and it was transformative. We have the exclusive right to these 3 classes and I believe that mastery of these classes is essential to getting the most out of any business career! 3. What are you currently doing to grow as a leader? The four above! The answers never change! 4. What is the best piece of advice you would have for someone who aspires to be an effective leader? Do the four things in number two and don't add any more!!! Remember, personal productivity is when you do something and self-leadership is what you provide yourself. Business productivity is when you lead others to do something and leadership is what you provide them. So business success is about the four things in number two! 5. What 3 books have made the greatest impact on your leadership? 1. Personal leadership: Million dollar habits by robert ringer 2. Business leadership: 13 fatal errors by steve brown 3. Personal growth: The 80/20 principal and lately - Talent is overrated Hope this helps! Onward... Gary Keller kw 14 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 15. Dear Team, Wouldn’t it be extraordinary if we could all come together for a summit meeting someday and share the huge life lessons that we have learned during the shift? The fact is, though, the market isn’t how easy it would have been, and how Region, and he told me that when he’s going to stop shifting, so we get to easy it will still be, to come up with all asked to share any “aha's” he’s had, keep learning. the reasons why this is not the year to they usually end up feeling for him As we’ve said many times before, the leave your business and spend extra more like “duh's.” Knowing Kirk as I current shift is giving rise to a lot of money on travel. do, I hardly think that’s the case, but winners and reshaping the competitive We also know that you couldn’t the point is that the obvious often landscape. Throughout it all, I’ve been ever imagine missing Mega Camp escapes us. paying close attention to what the and convention. We know how the That’s why we need each other. winners have been doing right, and my most effective leaders and the highest And it’s why we need to always stay list gets longer every week. producers in this company think. They learning based and fight all tendencies One of the most powerful wouldn’t ever think of missing Mega to create a comfort zone or to lean on observations I’ve had lately is the Camp because they know that there’s limiting beliefs. The future belongs to way that the best leaders and top the fearless. producers are always looking If you haven’t already done so, be forward. Maybe it’s human nature The best sure to read Mark Willis’ column on to hunker down when crises loom Page 3 of this issue, and you’ll be and hang on to what you’ve got, leaders and top reminded why you are with a company but time after time, the winners in that has no use for limiting beliefs. You our company have forged ahead. producers are are a critical part of the company that’s Our growth has far outpaced the soon to be the second-largest real estate industry because our team leaders always looking company in the United States and the made certain that the market knew third-largest in North America. And that their doors were wide open. forward. we’re counting on you to keep learning They reached out to the top talent and looking forward. and made sure the message got out so much more to learn and they have that Keller Williams Realty offered the no interest in constructing a comfort Yours in fearlessness! coaching, the training, the models and zone of what they already know. the culture to support great businesses They’re already looking forward to the in any market. inspirational speakers, the business- More than 8,500 of you flocked to building tips, the networking and the Mary Tennant Family Reunion last year, and we have constant exchange of ideas. President and COO no doubt that we’ll exceed 10,000 During Masterminds in April, I had Keller Williams Realty registrations at Mega Camp in Austin, the pleasure of visiting with Kirk Miles, Sept. 13 through Sept. 16. We know the regional director of our Northwest Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 15
  • 16. The McLaughlin Group, from left: Tina Sullivan, Shawn Sanchez, Kelly Ammerman, Dave McLaughlin, Laurie De Jesus and Dylan McLaughlin R E BUI L DI N G WITh ThE BE ST! What does it take for a 12-year Coldwell Banker veteran Williams, in early April. at the top of his game, with an average sales price of With a production track record ranging from a high $1.19 million, to make the leap to Keller Williams Realty? of $45 million in 2005, to a market-induced drop to $27 For Dave McLaughlin, it was a decision to get out of million in 2009, The McLaughlin Group is on track for a his comfort zone – a message that was powerfully driven record-breaking 2010 – boosted by the Luxury Homes by home to him during Mega Camp 2009. Keller Williams branding edge and his re-energized team. “Mega Camp was not an entirely real estate-related “As of the end of March we have closed $11 million, event,” McLaughlin recalls. “It was more life related.” And with another $5 million in escrow and a listing inventory in search of a new kind of life, McLaughlin and his six- of about $30 million,” McLaughlin says. “Our dynamic person group officially signed on with the Westlake Village group is hungry, energetic and focused.” kw (Calif.) market center, as well as Luxury Homes by Keller The 3rd Annual Luxury Homes Division Retreat is scheduled for Sept. 16-18, in Austin, Texas at the Westin/Domain. Join the division now to participate in this widely acclaimed networking and business-building event! To register or for more information on Luxury Homes by Keller Williams, log on to www.kwluxuryhomes.com. 16 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 17. Success Story REO POWERHOUSE EYES TOP KW TALENT A N AT I O N W I D E L E A D E R I N B U L K AC q U I S I T I O N A N D S A L E S O F R E O P R O P E RT I E S , DA N N Y R OT h I S TA P P I N G I N TO T h E K E L L E R W I L L I A M S N E T WO R K . When Keller Williams Realty welcomed the former Realty hundreds more. Executives’ Tucson, Ariz., office into the fold earlier this year, the top agents in the market were faced with You had any number of options when your former Realty a big decision. Danny Roth is among those who chose Executives broker made the transition to Keller Williams Realty. to join forces with Keller Williams Realty. In a recent What were the key factors that drove you to choose KW? interview, Roth explained how his decision has vastly expanded his nationwide network, while opening up I have been the No. 1 agent for Realty Executives for new opportunities for Keller Williams associates in a long time and have been licensed for more than the REO realm. 16 years. So when I was faced with the decision of having to move to another company, I had to In addition to being an industrywide leader in REOs, make the right choice not only for me but for all you are on the forefront of technology. How do these two of my clients. I interviewed with many companies areas of expertise drive or rely upon the other? and researched the top ones locally and nationally. I was very impressed by the Keller Williams I have had the opportunity to help model, as well as the fact that there build one of the largest investment are eight times more Keller Williams companies in the nation. This agents than Realty Executive agents company is called Conix and it is worldwide. I proceeded to call a one of the leaders in acquiring handful of Keller Williams agents and selling bulk purchases of throughout the United States, and REO properties. The properties I received great praises from each are directly purchased from agent. Keller Williams is a large banking institutions and then company that has the personal distributed to agents all over touch of a small company. the country to sell. None The organization is constantly of this would be possible providing tools to help each without our company’s agent to capture more business leading-edge technological and acquire better skills to make capabilities, which enable more money. us to complete our due diligence procedures, What are you telling other agents in contact agents, follow your market who seek your input on escrows, clear titles and Keller Williams Realty? view many properties simultaneously. As a result, I've now been with Keller we are able to purchase large packages of residential Williams Realty for a few months, and I have used the and commercial properties in a very short turnaround Keller Williams name to attract top agents across the time. My expertise and knowledge in the REO world has country to sell the properties that Conix purchases. helped to create the programs necessary to stay at the I truly believe that there will only be a handful of forefront in the marketplace and vice versa. companies that will survive this market and Keller Williams will obviously be one of those survivors. I now How are you leveraging your Keller Williams affiliation? tell every agent who asks me about KW that it’s a great company and that they should at least take the time to We have more than 2,000 agents nationwide who have research the advantages that it offers. kw been individually selected to be in our database, and now that I have joined Keller Williams, I am hoping to add Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 17
  • 18. MAPS Coaching MASTERMINDS PARTICIPANTS GET A TASTE OF BOLD FOR LEADERSHIP By Lisa Wahlgren Cody Gibson During Leadership Masterminds in April, Dianna Kokoszka launched BOLD for Leadership – the next phase of the breakthrough course that is changing lives and careers throughout North America by removing limiting beliefs and empowering agents to design their own lives. having witnessed firsthand what BOLD has done for agents, market center leaders entered the four-hour event with a general sense that they knew what to expect. And almost without exception, they walked away surprised and thoroughly excited about what’s to come. CODY GIBSON, TEAM LEADER, ANChORAGE MARKET CENTER “I loved Taste of BOLD Leadership. I expected to hear about how we could help everyone else. Instead, I learned about how we could work on ourselves to be the best that we could possibly be so that we would become better leaders. It was all about me and my mindset. Even over the course of the four-hour session, I could tell how well the course is put together and how it builds upon itself. I just know that coming on the heels of BOLD for Agents, this is going to be incredible for our leadership. I can’t wait to see it in the field. I’d fly anywhere to take advantage of BOLD for Leadership!” SHERRY LEWIS, OKLAhOMA REGIONAL DIRECTOR “I am extremely excited about BOLD for Leadership, as are all of the other market center leaders from the Oklahoma Region. I see this program taking our thinking as leaders to the highest level that it’s ever been in the 15 years that I’ve been with the company. "We’ve studied leadership a lot in this company. BOLD takes it to a whole new dimension based on how our leadership is influenced by how we think.“ Sherry Lewis BOLD gOaLs fOr giving Back Among the greatest joys of living an abundant life is the opportunity to give back, and from the day the BOLD journey begins, the giving kicks into gear. Noting the success that BOLD coaches throughout North America have had in raising money for KW Cares, through initiatives that include auctioning off everything from front-row seats to coaching calls, Dianna Kokoszka, MAPS president, decided that it was time to set a target. Not surprisingly, the $30,000 stretch goal is well within reach – with $22,852 having been raised by mid-April. For BOLD Coach John Prescott, reaching his $12,000 goal for the year is simply a matter of breaking it down into $1,000 per session, times the three sessions he facilitates per week, times the four rounds that he teaches in a year. The fundraising functions on a few levels, notes Pat Mancuso, BOLD coach. It’s an opportunity to support the culture we believe in, engage in some energizing exercises, while demonstrating a belief in abundance. John Prescott 18 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 19. BOLD Program BOLD To: Rino Caturano, team leader, Mission Viejo From: Steve Capen, associate, Seminole (Fla.) (Calif.) market center market center From: Dustin Wise, associate, Mission Viejo To: Pat Mancuso, MAPS coach (Calif.) market center Subject: MAPS Mastery Coaching Subject: BOLD Dustin Wise Steve Capen Rino, Pat, Where do I begin? Thank you doesn't seem strong enough, Thank you for encouraging me to hire a coach! I was but I will say it anyway. Thank you! finishing up BOLD when I made the decision to hire a MAPS coach. I have been in coaching for four months and Back in September, my business was very slow and financially just had my best month – $27,000 in GCI. (My GCI for the I was hur ting. I came to you for help and we spoke about first six months of last year was $32,000.) As I build my the BOLD program. I wanted to do it but didn't know how team and grow my business, the coaching is invaluable. My I would afford it. You encouraged me to do whatever it took MAPS coach keeps me focused on the right activities and to get in that class. You believed in me and knew I would be has given me great advice and guidance. successful. That meant the world to me! Thank you! I borrowed the money to get into the class and pursued the educational and life journey that was/is BOLD. It changed Steve not only my business but my life as well. The training that I received in regard to mindset alone was well worth the time and money invested. Now I have all these wonderful scripts and practices in place that have catapulted me into a Photos by Brian Fitzsimmons new paradigm. Not only was I able to pay back the folks I borrowed the money from, but I capped! When I started, I didn't even have the $799 that was needed for the class. Now every deal I close will be at 100 percent! Thank you so much for truly caring and pushing me toward success. You have blessed my life and career immensely. For more information on Sincerely, MAPS Coaching, log on to www.mapscoaching.com. Dustin ROAD MAP TO ThE TOP RANKS How does a market center climb to the rank of top profit share earner? For Antelope Valley, which achieved that status in 2009, it all comes down to MAPS coaching, says Michelle El-Zaatari, productivity coach. having served in that role for three years, El- Zaatari says that she, the market center’s entire leadership team, and a number of agents are enrolled in MAPS Mastery Coaching, and ”the production in the market center is a reflection of that. I’m so pro-MAPS,” El-Zaatari says. “I’ve seen the difference it can make.” Michelle El-Zaatari Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 19
  • 20. TOP 50 PRODUCING TEAMS* * BASED ON TRANSMITTALS RECEIVED FOR ThE FIRST qUARTER OF 2010 CLOSED TRANSACTIONS IDENTIFIED WITH THE SPECIFIC TEAM Name City, State GCI Units 1 Marnie Bennett Ottawa, Ontario $693,683.49 49 2 Express Realty Services Reston, Va. $520,682.14 102.75 3 The Heller Real Estate Group San Diego, Calif. $413,370.75 36 4 The Bocage Team Fremont, Calif. $402,790.50 49.20 5 Brandon Green Companies Washington, D.C. $385,336.11 61.50 6 Szakos & Associates Camarillo, Calif. $367,713.41 50.70 7 The Philbeck Group Orlando, Fla. $359,784.01 148 8 Brenkus Team henderson, Nev. $352,311.88 115.20 9 Rushforth Team Ottawa, Ontario $342,960.79 48 10 The Jordan Team Bonita Springs, Fla. $312,180.02 19.25 11 Muffley & Associates Atlanta, Ga. $311,616.70 35 12 Guldi Real Estate Group Waldorf, Md. $311,116.89 70 13 The Sunset Team Los Angeles, Calif. $307,197.00 11.50 14 The Millman Team Torrance, Calif. $305,129.55 29.30 15 Seybert Team henderson, Nev. $304,610.33 81.25 16 Team Silver-Westrick San Clemente, Calif. $304,317.59 9 17 Carol Royse Lifestyle Team Tempe, Ariz. $301,069.60 62 18 The Marshall Group Salt Lake City, Utah $298,695.71 69 19 The Monaghan Group Glendale, Ariz. $292,351.99 103 20 Eng Garcia Group Washington, D.C. $287,727.34 20.50 21 Fabulous Properties Team Pleasanton, Calif. $282,125.94 11 22 Kenny Klaus Team Mesa, Ariz. $282,094.67 55 23 Rhodes Team Dallas, Texas $279,929.22 37 24 Solwick Group Santa Rosa, Calif. $275,318.41 44 25 The Kink Team The Woodlands, Texas $271,669.36 28 26 Mr. Beverly hills Beverly hills, Calif. $270,829.95 33 27 The Ida Terbet Team Raleigh, N.C. $261,804.58 34 28 Smith Premier Folsom, Calif. $260,375.50 48.50 29 Middleton Team San Diego, Calif. $257,427.91 20 30 Steve Cruz & Associates San Antonio, Texas $257,157.77 90 31 Ben Kinney/home 4 Investment Team Bellingham, Wash. $257,019.44 45.65 32 Jennifer Young Team Chantilly, Va. $254,180.22 48 33 The Buehlers & Associates, Inc. Flower Mound, Texas $249,474.69 42 34 Kaushansky & Brown Team Toronto, Ontario $248,463.50 18 35 Neal and Associates Wichita, Kan. $245,929.74 28.16 36 The Jackie Ellis Team Boynton Beach, Fla. $245,098.76 47 37 Sue Adler Team Summit, Fla. $244,297.00 13 38 Stephen Cooley Team Fort Mill, S.C. $242,204.78 45 39 The Hoffman Murphy Team Hermosa Beach, Calif. $241,597.04 15 40 Noel Team Santa Monica, Calif. $237,604.75 9.10 41 The Joe Iuliucci Team Las Vegas, Nev. $235,429.29 102.50 42 Tommy Pennington Realty Group Southlake, Texas $234,562.15 18 43 Jeff Stearman Team San Clemente, Calif. $233,107.46 16 44 The Michael Reese Group Frisco, Texas $232,228.40 40.75 45 The Zeleznak Group Scottsdale, Ariz. $230,968.10 39.13 46 NastroTeam.com Elk Grove, Calif. $230,461.00 42 47 D&R Group Livonia, Mich. $230,433.01 159 48 The Graham Group St. Clair Shores, Mich. $229,917.45 110 49 Jansen Coastal Largo, Fla. $228,365.88 17 50 McCormick Team Palo Alto, Calif. $227,000.00 4 20 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 21. ** AGENTS WITH THE MOST GROWTH AT THE FIRST LEVEL OF THEIR PROFIT ShARE TREE DURING ThE FIRST qUARTER OF 2010 TOP 11 STAKEHOLDERS** Name Region Market Center Agents Sponsored 1 Susan Forster California-Southern La Jolla 25 2 Peggy Wilson Carolinas Spartanburg 23 3 Ann Lucia Krauter California-Inland Empire West Foothills 19 4 Bruce Trammell Michigan-Northern Ohio Greater Cleveland Southwest 16 5 Brent Mitchell Texas-South Austin Southwest 13 6 Joan McCollom Texas-South San Antonio Ih-10 11 7 John Gafford Southwest Las Vegas Southeast /Henderson 10 8 Kathleen Rita Kelly Greater - Pennsylvania Media 9 9 Lewke Partners, Inc. Mid-American Barrington 9 10 Debbie Klink Ohio Valley Louisville highlands 9 11 Victoria Printz Texas-North and New Mexico Midland 9 TOP 30 MONEYMAKERS*** ***DATA FROM CEO REPORT USED FOR AWARD PURPOSES (KW OWNER PROFIT ADJUSTED FOR FEDERAL/STATE TAXES), FIRST qUARTER 2010. CANADIAN DOLLARS CONVERTED TO USD. Ancillary and Market Center City, State OP TL MCA Tax Adjusted Profit 1 Roseville Roseville, Calif. Wayne Hall Brent Gove Chris Apsley $124,158.87 2 Austin Southwest Austin, Texas Mary Tennant Diane Johnson Jeanie harvey $121,197.70 3 Vancouver, WA Vancouver, Wash. Patti Siebold Brian Combs Laura Uphoff $114,216.23 4 Heritage San Antonio, Texas Mark Willis Amy Massey Anna Reiswig $105,269.20 5 Bonita Springs Bonita Springs, Fla. Kim Murphy Mary Cassidy Niki Zenczak $89,295.61 6 The Woodlands The Woodlands, Texas Judith Hopkins Diane Flicker Christopher Webster $84,931.31 7 Santa Monica Santa Monica, Calif. Rick Cunningham Colette Ching Tamara Robinson $72,639.44 8 Greater Portland Portland, Maine Dottie Bowe Leanne Barschdorf Nichols Sharon Kimball $69,959.45 9 Beverly hills Beverly hills, Calif. Paul Morris Robert Aigner Matthew A. Kessell $68,296.75 10 Blue Bell Blue Bell, Pa. Michael Campo Todd Polinchock Jennifer Pouss $67,397.94 11 DFW Metro South Arlington, Texas John Davis Smokey Garrett Holly Serben $66,583.42 12 Bayside, queens Flushing, N.Y. Louis Cardenas Allison Gambone George Herrera $65,811.42 13 Hollywood Hills Los Angeles, Calif. Paul Morris Gary Reavis Carmen Guevara $64,455.97 14 Charlotte - South Park Charlotte, N.C. Ed Arrington Amy Hawke Star Waddell $62,874.19 15 San Antonio Legacy Group San Antonio, Texas Jerri Smallwood Steven Gragg Joan Adams $61,601.63 16 Houston Metropolitan Houston, Texas Mark Willis Candace Caspersen Janine Broussard Ford $61,532.95 17 Austin Northwest Austin, Texas Mary Tennant Gene Frederick Linda Timmerman $61,016.73 18 Reno North Reno, Nev. Robert Clement Melanie Kennemann Sheryl Lotz $55,339.79 19 Dallas Park Cities Dallas, Texas Mike Miller Linda Carothers James R. Giesen $54,430.22 20 Baton Rouge Baton Rouge, La. Larry Champagne Mary Garner DeVoe Cindy Newchurch $53,218.34 21 Ottawa Ottawa, Ontario Jeff Hooper Sunny Daljit Debra Bourne $53,161.56 22 Knoxville-West Knoxville, Tenn. Jeff Harrell Sharon Laing Elaine Maynard $53,021.97 23 Denver Tech Center Englewood, Colo. Pamela Kiker Anthony Carnesi Linda Dunning $52,430.26 24 Chandler/Sun Lakes Chandler, Ariz. Alison Bechtel Raejean Myers Lauren Harrigan $49,208.44 25 South Tampa Tampa, Fla. Kevin Chadwick Kevin Cahill Marta Vega $49,161.34 26 Dallas Preston Road Dallas, Texas David Osborn Brett Caldwell Sandra Griffin $48,411.29 27 Bedford-Manchester Bedford, N.H. Alan Rice Mark Mulcahy Debi Levine $48,343.07 28 Atlanta - Sandy Springs Atlanta, Ga. Shaun Rawls Steve Kout Kenneth Gardner $48,111.41 29 Elk Grove Elk Grove, Calif. Don Yoakum Mindy Demain Tim McCleary $46,964.16 30 Pembroke Pines / Miramar Pembroke Pines, Fla. Natascha Tello Rita Polit Lourdes E. Villamil $45,964.78 Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 21
  • 22. SYSTEMATIZING SHORT SALES S U C C E S S S T R AT E G I E S F R O M A S h O R T- S A L E A F I C I O N A D O Knolly Williams is a systems kind of guy. Whether he's helping a training manual and a multi-component toolkit in order to clients who are underwater on their mortgage to negotiate a guide other agents through the often unchartered waters of short sale with their bank or running a gospel music recording short sales. Called 7 Days to Success with Short Sales, Williams company, Williams figures out what it takes to catapult a explains that the toolkit includes a 300-page training manual, business to the top, and he sticks with it. a section on the “Top 25 Ways to Generate Short-Sale Leads,” In 2003, after reading The Millionaire Real Estate Agent, more than 55 forms that are frequently used in short-sale Williams made the leap from the music business to real estate, transactions, more than 250 bank contacts nationwide, and an and took nearly 30 listings in his first 60 days. audio CD, which can be found at By the end of his first year he ranked among http://agenttoagentmarket.com. Having spent more than the top REALTORS® in Central Texas. 20,000 hours on short sales and completed more than Then he shifted his focus to short sales, 500 short sale transactions, I’ve identified the and managed to make an even full range of pitfalls and have condensed my greater mark. knowledge into a comprehensive guide." His team handled 96 “7 Days to Success with Short Sales is a system transactions last year, most of that can be equally useful to experienced agents, which were short sales. He earned as well as those who are new to the short-sale arena,” more than $450,000 in GCI and decided Williams explains. “The program teaches beginners the to join forces with Keller Williams Realty. systems that I’ve used to be successful, and helps more Now an associate with the Austin-Southwest experienced agents to take their business to the market center, Williams’ understanding next level. I’ve found that agents who have of the importance of systems and his completed as many as 50 to 100 short commitment to making a contribution sales are still often lacking in the refined wherever he goes have made him a systems that can have a powerful superior fit with the Keller Williams impact on their success." kw culture. In addition to serving as a MAPS fast-track coach who is focused on training agents on how Visit: to efficiently find, list, http://agenttoagentmarket.com process and close short sale transactions, he has developed Knolly Williams Photos by Matt Lankes P R O V E P AGENT TO AGENT MARKET LAUNCHES WITH A D kw | AGENT TO AGENT MARKET 7 DAyS To SuccESS wITH SHoRT SAlES POWERED BY: MAPS COACHING Celebrating the entrepreneurial spirit within so many Keller Williams associates, Keller R Williams Realty has established a new forum for agents to share their products and P T O D U C systems with the entire real estate industry. Masterminded by Gary Keller, co-founder and chairman, Keller Williams Realty, and Dianna Kokoszka, MAPS President, the Agent to Agent Market is truly a marketplace that is built by agents for agents. Real estate professionals who want to sell their ideas, systems, processes, marketing materials and training programs, to their fellow real estate professionals can apply to have their product included as an Agent to Agent approved product. To see if your entrepreneurial project would be right for Agent to Agent Market, email us at agenttoagent@kw.com. 22 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty
  • 23. PIT Risk Management FALLS TO AVO I D W I T h ShORT SALES AND FORECLOSURES IN OUR REAL ESTATE WORLD TODAY, WE HAVE MANY COMMONPLACE TERMS WhICh WEREN’T ON OUR RADAR FIVE YEARS AGO. By Avis Wukasch To name a few: short sale, deed in lieu proper steps to be authorized. In our area, of foreclosure, foreclosure specialist and many people call themselves “short sale short sale negotiator. Of course, we all negotiators” or “loss mitigation specialists,” know short sale does not refer to the time charging exorbitant fees, despite the fact involved from contract to closing, and we that they are not licensed or registered have come to realize that in the current with the required state agency. There will market, negotiation skills are more critical surely come a time when those persons will than ever. be headlines in our area (and not in a good In light of the new landscape that we’re way). So let us remember our obligation operating in, let’s review a few words of caution concerning the listing and sale of ® as REALTORS to pay attention to what's going on around us and remember that the short sales and foreclosures. activities of one of us reflect on all of us. In some states, your real estate license The current market has also given grants you the rise to companies ability to assist and individuals your seller with “Let us remember that purchase short negotiations for a our obligation sales and resell ® short sale through them to a buyer at their lender. In as REALTORS : to a profit. Some of other states, you police our own, and these companies need additional report illegal or or individuals are registration or legitimate and some licensure with unethical behaviors are not. My best another state and activities to the advice to you: when Avis Wukasch is team leader of the Round agency in order proper authorities." someone comes to Rock (Texas) market center. Having to perform this you with a proposal recently been ranked among the 100 Most service. If you are such as this, get copies negotiating short sales for a third party of every document they use, review them Influential women in Real Estate, Avis (who is not your listed seller or a buyer carefully and have your attorney review the currently serves as a commissioner for the you represent attempting to purchase a documents as well. Texas Real Estate commission and is the short sale) you may also need additional I anticipate that in the next year or so, immediate past chairman of the board for registration or some other type of license plaintiff ’s attorneys will be advertising the Texas Association of REAlToRS®. on in your state. for sellers who believe they were treated the forefront of regulatory issues affecting It is critical that you make certain the unjustly in a foreclosure or short sale. real estate professionals in Texas, wukasch tasks you are performing for a buyer or Let’s do our due diligence and make sure is certified to teach continuing education seller are sanctioned by your real estate Keller Williams Realty is not named in any and prelicensure classes on agency, license and, if not, that you take the wrongdoing. kw marketing, law and contracts. Keller Williams Realty May/June 2010 • vol. 7 no. 3 outfront 23
  • 24. Social Networking SOCIAL MEDIA MAVENS ShARE LEAD CAPTURE STRATEGIES By Jennifer LeClaire Finding prospects. Building relationships. Driving referrals. Social media is opening up a new world of oppor tunity for Internet-savvy real estate agents willing to invest a little time blogging and engaging in conversations on social networking sites. DIGITAL FARMING ON FACEBOOK Adler frequently congratulates people who post about their Liz Landry, associate at the Orange Park-Jacksonville (Fla.) new baby, for example, because she realizes social networking market center, is working her sphere and meeting new people is about building relationships - not by executing a strategy she calls “digital farming.” Reaching about selling houses. If you build the out to a group of people interested in a single master-planned relationship, she says, your Facebook community in Jacksonville, Landry utilizes a niche Website, a friends will turn to you when they blog and a Facebook page that offers people who live there a are ready to shop or sell a house. chance to interact. Adler’s strategy is working. “When you look at farming, you During the past year, she can trace greet people once a month. You 20 closings to REALTOR® referrals send postcards to a specific through Facebook. demographic,” Landry says. “With Facebook, you can BETTING ON specifically target a demographic NICHE BLOGS or a geographic area virtually for Mariana Wagner, an associate in the Colorado Springs free and greet them daily – and it’s South market center, says 100 percent of her new, nonrepeat, nonintrusive because we’re contributing nonreferral business is stemming from her online efforts – and useful information.” as much as 90 percent is directly related to her blog. Wagner also Landry establishes her market expertise reports getting one or two deals every month from Facebook by posting videos on the Facebook page, offering tips on real and Twitter. estate for sale, open houses and special events in the community. “With Twitter, it’s not about posting new listings. That’s not This strategy allows her to put her brand in front of prospects what gets the business,” Wagner says. “My interaction on Twitter 365 days a year without increasing her advertising budget. With – my caring about what other people are doing and interacting social media, the messages also have the potential to spread with them – that’s what gets us referrals. It’s the same with across the wider Facebook community with a single click. Facebook. You can get into trouble being all business, all the “My blog is all about real estate, but with Facebook we’re 80 time.” percent community and 20 percent real estate.” By contrast, Wagner is die-hard real estate on her blog. It’s all Landry figures she closes two or three deals a month, on real estate, all the time. That’s because, as she sees it, if someone average, through her social media efforts, but she is betting is searching about real estate and they land on her blog, they the cumulative effect of the relationship building has an even don’t want to hear about her dog. greater impact that can’t be measured. Wagner says there is still room to grow her efforts in social media. “I could be maximizing some of my Facebook fan MAKING PROFITABLE CONNECTIONS pages better by making them more Sue Adler, an associate at the Summit (N.J.) market center, is a community oriented rather than just model for quick video marketing on Facebook. She has created advertising billboards,” she says. videos about the towns she serves, as well as client testimonials, “We’ve dominated in some niche and posted them to neighborhood pages. She also “tagged” markets, and I think we can reach the videos with the names of the people who were featured. out and dominate a few more. So The campaign went viral across the social media platform, it’s not so much doing new things, showing up on YouTube, Google search and Facebook. it’s just doing what we’ve been doing “I have more than 2,500 friends on Facebook, but I’ve at a greater level.” kw separated potential clients and clients into one category and my high school friends and family into another category and other REALTORS® into a separate category.” 24 outfront May/June 2010 • vol. 7 no. 3 Keller Williams Realty