KWinKC
This team member leads Loans in KC as the Executive Finance Manager.
Jason Larkins
A what point do you have to have a buyer's agency agreement signed?
At the first opportunity and BEFORE showing a property.
What do the three L's stand for?
Leads, Listings, Leverage
Gary Keller co-authored this book, which provides strategies for achieving extraordinary results in work and life.
(not MREA)
The One Thing
The name of the imaginary line dividing ownership rights between a property owner and the government.
Easement
What is the name of our regional charity that gives back to agents in times of need?
HPIC - Heartland Partners in Caring
1234 Main St. is under contract for $300,000 with Buying Broker Commission of $9,000 agreed upon in the contract. After Inspections, the purchase price is updated to $295,000 with no other changes. What is the final Buying Broker Commission?
$9000
Name 2 MREA Models
Growth, Economic, Budget, Lead Generation, Organizational
Gary Keller famously said "We are not in the real estate business, we are in the _____ business"
People
How many months of inventory are needed for a "balanced market"
6 months
This is the day and time of the weekly tech class
Thursdays at 2:00
How many days do you have after closing to change MLS status to SOLD?
10 calendar days
According to MREA, this is the ideal percentage of gross income that should be reinvested into lead generation.
10%
This is the city and state where Keller Williams was originally founded.
Austin, TX
In 2023, the average U.S. homebuyer stayed in their home for this many years before selling.
13 years
Name 6 of the 8 2024 ALC members
Paul Galbrecht
Sara Armer
Nate Parks
Kelly Heaven
Amanda Sitzman
Aubree Keck
Duke Frye
Tricia Gill
What form do you use to add a designated agent to your agency agreement?
A Change Form
The MREA approach to managing expenses is often summarized as, “Lead with ________.”
Who is KWRI's current President?
Mark Willis
This celebrity owns the largest residential real estate portfolio in the U.S.
Jeff Bezos
What is the name of our office's in house real estate school?
Key Real Estate School
What is a Transaction Broker?
Buyer and seller are unrepresented. Agent acts as a neutral 3rd party that transfers information back and forth.
Name 4 positions that are on a 7th level team.
CEO, Listing Specialist, Buyer Agent, Marketing/Admin, Telemarketer/ISA/OSA, Listing Manager, Transaction Coordinator, Lead Coordinator
How does profit share work?
You refer an agent to KW, they name you as their sponsor and when they start paying in company dollar, you receive a portion in the next month if the company had a profitable month.
The word “mortgage” comes from Old French and Latin, meaning this.
"Death pledge"