Referring Real Estate Agents and Brokers to Analyzed Deals
Wednesday, June 11th, 2008In anticipation of releasing the sponsorship model today for our real estate resources websites for real estate investors, I made a model of what the sponsorship looks like on the Fort Collins Real Estate Resources website.
As you may notice if you are familiar with our real estate resources websites, the advertisements have been removed and instead there is an emphasis on a sponsored real estate agent (in this case, me). There is a photo of me and my contact info in the upper right on the homepage.
Also, there is my contact info on every post of the website.
One other thing you may not be able to see is that I also added the ability to begin to track when someone refers a real estate agent or broker to the Analyzed Deals system. Why? Because we will allowing people to refer agents and brokers to the system and will pay out a commission when people upgrade to a sponsorship to the person that referred them.
In fact, I think we will be doing a two-tier affiliate model. That means that I will likely be paying out 15% of the monthly sponsorship fee to the person that directly referred the agent and 10% of the monthly sponsorship fee to the person that referred the person who referred the person that became the sponsor. Whew… that was a mouthful.
To clarify with an actual example: Suzy from St Louis tells her cousin Bob from Boise about the site. Bob signs up from Suzy’s link and loves what we do so much that he tells Tommy from Tampa. Tommy loves it and decides to pay to become a sponsor for Tampa. If Tommy from Tampa was paying $100 per month, then Bob would be paid $15 of that per month for directly referring Tommy to the system AND Suzy would be paid $10 per month for having referred Bob who then referred Tommy. Try saying that 10 times real fast.
I am off to continue to release the sponsorship program.
Until my next post,
James
