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Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants)

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Ambassador
3,350,764
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I just posted about this in the Q&A earlier this morning.  As I understand it, agents pay a hefty referral fee and the home buyer or home seller get the miles.  Not something I would do for a referral or the miles. 

Mar 26, 2018 12:44 PM
Rainmaker
4,584,596
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Nothing or close to nothing surprises me. It is not of interest to me personally.  Thank you for sharing this information. 

Mar 26, 2018 01:34 PM
Rainmaker
1,507,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I see no place where the agent gets any miles.  Bah!

Mar 26, 2018 12:59 PM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Looks interesting.   When I refer someone, it's usually a friend or close acquaintance (or someone they asked me to help with).  So I prefer to choose my own Broker or Agent, rather than use a referral service.

Mar 26, 2018 12:38 PM
Rainmaker
957,202
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I'm sure some would go for this, good for them. I'm more curious of the mechanics behind the door.

Mar 26, 2018 12:47 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'm looking forward to seeing how this program works out....

Mar 26, 2018 12:24 PM
Rainmaker
5,246,557
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

And the cost to the agent to receive the referral?

Mar 26, 2018 12:17 PM
Rainmaker
1,301,219
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Interesting, as it is a new program would be interesting to see why 98% would use it again. People do love to get free things, and miles are useful if your airline is American.

Mar 26, 2018 12:08 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing 

Mar 26, 2018 01:28 PM
Rainmaker
2,403,205
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

There seems to be a lot of buzz on AR about this program today A of Ron and Alexandra Seigel . I'm not sure I understand it. What do we agents give up to be part of the program?

Mar 26, 2018 01:27 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I hav e never been involved in these programs so I really do not know

Mar 26, 2018 01:08 PM
Rainmaker
2,785,606
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Another example/way of trying to get at/piece the multi-trillion dollar Real Estate pie

Mar 26, 2018 12:51 PM
Rainmaker
5,117,178
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I'd be worried about whom I get referred to. For buyers/sellers who are picking agents cold, I suppose this could work. For those who feel they need personal referrals, not so much.

Mar 26, 2018 12:49 PM
Rainmaker
5,773,367
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

What was cut off by the format is 50,000 for selling, 50,000 for buying or 100,000 for both.

A

Mar 26, 2018 12:07 PM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Somehow I'm a little skeptical but I'd be interested to hear from a few agents who have gone through this.  

Mar 26, 2018 03:14 PM
Rainmaker
7,871,831
Roy Kelley
Retired - Gaithersburg, MD

I have no interest in this.

Mar 26, 2018 03:00 PM
Ambassador
5,258,966
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Not really something that I could wrap my head around - it's more about the client to me - and placing them with the perfect referral partner for them. I feel like it's a conflict of interest if we're only using a program to get something in return beyond the normal referral fee (i.e. air miles). Just MHO!

Mar 26, 2018 09:57 PM
Rainmaker
1,625,353
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I do not fly much, so I'll pass. 

Mar 26, 2018 09:12 PM
Rainmaker
716,789
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

I smell a rat... AA probably wants a large piece of your commission just like the relocation companies...

Mar 26, 2018 02:42 PM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Sounds similar to another recently posted about.. I am assuming there is a HIGH price tag on the referral program to the referred agent Ron and Alexandra Seigel  do you know how that cost works?

Apr 02, 2018 07:57 AM
Rainmaker
5,879,816
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It sure seems like everyone wants to get into real estate nowdays!   No, I would not participate.

Mar 29, 2018 08:55 AM
Rainmaker
902,538
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Hmm, interesting. A clever advertising ploy. Will be interesting to see how people learn to game this system. 

Mar 27, 2018 02:07 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Ron and Alexandra Seigel Sounds like another referral program where everyone benefits except for the real estate agent. When I worked for one of these companies all referals went to the main office and were doled out to the local offices. The company charged the agent a 35% referral and the remainder of the fee was based on the agents split. NEXT!

Mar 27, 2018 06:37 AM
Rainmaker
1,712,876
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Sometimes promotion is mostly clever but not substantive.

Mar 27, 2018 05:51 AM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I can assume the referral is coming from Cartus.. which my company has an affiliation with (Better Homes and Gardens).  I had 4 referrals from them and they were all dead ends.. The paperwork and reporting required is over the top and I would be spending all my time filling out paperwork on a daily basis.. PLUS they want a very high portion of your commission for the referral.

Mar 27, 2018 05:50 AM
Rainmaker
1,847,901
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Kathleen Daniels told us about this today.

Mar 27, 2018 05:34 AM
Rainmaker
3,071,589
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Michael Jacobs nailed this one!

Mar 27, 2018 05:31 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Another referral gimmick for agents willing to pay for them,

Mar 27, 2018 05:26 AM
Rainmaker
4,319,873
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Ron and Alexandra Seigel - interesting for sure.

Not sure I'd go for miles (and a couple of free flights.... lol!)

Mar 26, 2018 11:03 PM
Ambassador
6,426,149
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I hope I dont have to read all that and fill out the form to answer this.

Is this another company looking to pick our pockets while rewarding us with some miles on a poor quality airline?

Mar 26, 2018 07:20 PM
Ambassador
5,063,430
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's not something that interests me personally. It feels gimmicky! So 98% of the AA members that have used the program recommend it? And you get a Personal Real Estate Coordinator? I'm not at one of these brokerages so I guess I lose. And that's OK.

Mar 26, 2018 05:52 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I got an email on this program. I am not interested in buying leads and this is what this is, paying for the business.

Mar 26, 2018 05:17 PM
Rainmaker
1,326,624
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Not interested.

Mar 26, 2018 03:38 PM