What Is Revenue Share?
If you attract agents, introduce them to BRX and they join the company, a portion of the commission BRX earns from that agent will be paid to you.
At onboarding the agent joining BRX will be asked to list a “sponsoring agent”. This is the person who had the most influence on their decision to join BRX. This is the agent that will be paid Revenue Share. A “sponsoring agent” cannot be changed and Agents are not permitted to pressure an agent into listing them as a sponsor (see BRX Recruiting Policy in BRX Policy & Procedure Manual)
Revenue Share ExplainedHow do I attract Agents?
We recommend the best way to attract agents it to provide value to them and their business. This can be done through friendship, masterminds, sharing your story or providing some other information of value.
How do I introduce Agents to BRX for a formal sales call?
The script “I want you to hear about the company the way I did so I am going to connect you with the team to explain the BRX business model & answer any questions you have” then send a joint email with the agent to onboarding@brxmortgage.com and a team member will connect with them.
What is a “Revenue Share Group”?
Agents are permitted to create Revenue Share Groups to collectively offer value to agents who list them as a sponsor. Some examples of things that you could use to provide value would be:
- a weekly team call
- access to expertise or training the agent provides
- use of something that belongs to the sponsoring agent such as underwriting staff, office use or a CRM the agent has created
Some examples of things that cannot be used to provide to agents for attraction purposes are anything that BRX offers to all agents such as Rookie/Intermediate Underwriting support, lender access or BRX training materials/calls.
What can I post on social media to increase interest in agents who may want to join my Revenue Share Group?
Sharing your story and experience on your personal social media or in facebook groups is the number one driver of agent attraction at BRX.
BRX Resources for Agent Attraction
- Social Media Posts for Attraction
- WhyBRX Page
- if you do not have your own, you can request here: https://ilmb.typeform.com/requestwhybrx
- If you need to update your WhyBRX page you can do so here: https://ilmb.typeform.com/update-whybrx
- Agent Agreement (Un-Contract)
- www.BRXsplits.com
- www.BRXadvantage.com
- Scott Peckford’s Blog