At YONG, we give more back to our associates, franchisees, clients, and our local community. Part of our reward to our clients is giving away 2 cars a year plus 10 cash prizes as Christmas gifts every year. Christmas bonus to each YONG team member plus 12 cash prizes up to $10,000 each will also be given to YONG associates and franchises as Christmas gifts.
YONG's very fair and generous bonus system starts from only $25,000 gross office commission every quarter and you could earn 50 to 80% commission without having to pay anything upfront and ongoing running cost! On top of that, you still get free letterbox drops, car prize drawing, massive sold promotion etc.
At this structure, you could get around $1M for yourself each year by producing around just above $1.25M gross fee with no upfront costs and cash flow pressure to you! Under the YONG System, the top agent could almost double their income without doubling the number of sales and the effort they put in.
Under traditional systems, on flat commission structure or with the unachievable incremental target, the longer you stay with them, the more you will lose because you have little choice and career advancement. Remember the magic compound effect over your life.
We offer free corporate training sessions, monthly birthday party, 6 uniforms plus tie or scarf, client thank you cards, birthday cards, company folders, advanced RP Data system with "on the market" etc features and pro-active marketing kits with a 20-30 pages colour property profiler, 1,000 "CMA Sell to Buy" letterbox drop for listings with significant VPA or any exclusive listing in your farm area and 1,000 "JUST SOLD" letterbox drops for all listings sold plus much more. We also have Champions Club membership for those top achievers with special logos printed for their self-promotion.
At YONG, there is a direct line for each associate. There is no official number printed on any of your letterhead, advertisements, signage, or business cards, except on the extra corporate promotions for you.
This system attracts not just great agents, but many previous principals after they have sold or closed their own businesses. Apart from the "no office number policy", you will also get personalised stationery all at the company's expense. YONG gives you 100% personal branding like a mini-franchise under a strong brand or network without you having to put in much capital upfront
While each person will be
assigned a specific area to become an area specialist. We don't have any
restrictions on your farm area or restrictions to negotiate with vendors
directly when you have a contract. The whole area is your market and you are
the CEO of your own corporation from day one. We simply run your back office
administration and you can focus on your sales.
The associates at YONG are like the "In House Franchisee" instead of the "Salesperson". At YONG, the broker-owner is like a sports club owner or a head coach. All inquiries go to your private office so it is unlikely other associates could "steal" your business. You will receive permanent access and ownership to your direct line and ReNet database, meaning that you can pass it on to your relative or your future generation, benefiting from your data for a head start.
YONG's vision is to become one of the largest real estate networks in the world potentially employing over 300,000 people globally in the future. The Chinese market alone could make YONG reach this target.
On top of weekly training sessions, YONG also hosts an annual convention incorporating the Annual Yong Sales Convention, Black Tie Award Gala Dinner, YONG Principals Workshop, Wealth Creation Workshop, and Master Franchisee & Sub-Master Franchisee Workshop if applicable or have enough numbers booking.
We teach our team not only how to have a successful real estate career but also how to maintain a balanced quality of life as well as better wealth creation. YONG also has one of the largest in-house libraries in Real Estate. All YONG associates have access to the eYONG intranet and live corporate training every week as well as the 24/7 replay of selected training sessions. The eYONG (powered by ReNet) system is a very powerful database and client relationship management program with effective tools for "vendor report" and "tasks" management, plus many more functions.
YONG Real Estate could eventually be the dominant force of any area with potentially 10-30% market share in each area because of YONG's international super real estate office network concept. The super office offers a hassle-free lifestyle for you with no holding costs and a lot lower running costs so you can enjoy a better work-life balance. Each farm area specialist is ____ for 20% of the market charge in their primary farm area!
YONG is arguably one of the very few if not the only international real estate network in the world which automatically contributes part of the gross franchise fee to the YONG Charity Foundation, a charitable trust set up by YONG founder, Peter Huang, in 2009.
The funds from the foundation are used for the research of cancer and other diseases affecting the elderly, women, and children, as well as significant natural disasters or other charities.
Peter himself donated $397,000 in its first year of operation to kick start the foundation, plus an ongoing 4.04% of the total franchise fee collected in Queensland or 10.26% of the total franchisors gross income for the rest of the world should there be a master franchisee involved.
With the support of our full-time in-house IT/Graphic Design Manager from our Corporate Office, you could market properties through our large corporate and in-house email database (80,000 at the moment) to generate more direct results for your clients.
Whenever an email is entered into, if you ticked the buy or prospective listing etc category, our system will send our monthly e-bulletin and monthly property update for new listing and open houses, etc automatically under your name and your personal email address just like direct mail every week to your whole database. It is simply magic.
Peter Huang and his management team travel all over the world every year to study to make sure YONG keeps ahead. We invest heavily in the world's leading technology and marketing strategies to improve our branches and franchised offices' productivity and add extra benefits to our system for our vendors and buyers through YONG's Contact Management System, Property Alert Function, Market Watch E-Bulletin, and more.
Multiple languages and dialects are spoken in the same network to tap into the local, interstate, and international markets which is the obvious trend due to the ever-increasing buying power of people from Asia, Europe, and other emerging countries, especially China, which in turn provides your listings with a better chance to sell and gives your company long term upswing and security. It is also an important listing tool due to its unique selling proposition (USP).
Our YONG Corporate website is professionally designed, constantly maintained and is linked to over 100 major real estate websites and search engines to generate a higher profile and more business for you. Our Franchise offices can upload their listings to the YONG website free of charge.
All of our client's listings are linked to major real estate portals including realestate.com.au, realcomerical.com.au, and domain.com.au. The widely promoted website and super marketing network alone is worth thousands of dollars of free advertising for your vendor's property.
Powerful and cost-effective local l and international marketing, the power of 3 in 1 to attract 100% of the buyers and more high net worth individuals for a better result for your clients through both English and the very affordable Asian media and investment channels.
YONG is not just a traditional real estate agency purely selling normal real estate. Our network offers a complete real estate solution including residential and commercial real estate marketing, property management, property investment as well as property development-related services including project marketing, development site selling, development management, supply venture capital, or JV through YONG's subsidiary JHC Holdings and more.
For those on a 50% commission level, because the franchise fee is taken from the gross office commission shared by the office and it is tax-deductible so effectively, the associates' contribution is less than 2% after-tax while getting so many extra benefits.
YONG has a strategic alliance with many finance, insurance, construction, education, immigration agencies, and others to bring more qualified cash buyers to our network. Many of them are part of the YONG Franchise network already.
On top of each office's consistent local advertising, YONG sends out various local and international press releases, host weekly Real Estate talk show on radio, runs promotional advertising campaigns, and participates in public speaking engagements as well as other sponsorship opportunities to attract more business for our associates as part of the support while maintaining a low franchise fee. Each office will also do 4 mass letterbox drop in January, April, July, and October (fringe calendar) and all general enquires to farm area specialists.
Apart from the best in the house marketing system and training, you will also get personal or online coaching from the legendary Peter Huang who invented the "YONG System", "YONG Million $ Secrets" and "28 No or Little Money Down Magic Property Investment Strategies" to help our team create real wealth. While all other training sessions are free, the annual "No money down" workshop normally costs external people $9,000 + GST per person however it is free to our franchise owners.
Our associates only pay 20% of the full fee. According to Robert Bevan, only 10% of real estate salespeople in Australia own investment properties while the majority of associates from YONG Corporate Office own multiple properties.
YONG has designed the ideal day, week, and year to nurture a balanced quality of life for the whole team. At YONG, we do not ask you to give out your home number and we encourage you to switch off your mobile phone as soon as you reach home once you have a fully productive day, so you can separate work from family life.
A forward-thinking and progressive company with prominent corporate logos and signage like McDonald's, growing network referrals, or joint marketing between YONG associates and offices to generate extra business for you.
At YONG, we are like a personal and business coach to help you think big and think long term. With the belief of relationships for life, we don't look at the short-term gain; we always look after our associates and our client's long-term interest so they can become our raving fan and strategic partners for life.
The YONG System ensures our sales associates receive not only are referral fee upfront but also a much higher chance of re-selling those investment properties again which were originally referred to our property management division.
Our generous and easy to reach quarterly bonus system make everyone can afford their admin PA to run your database and other non-dollar productive activities, which you can start from family members or juniors. There is no limit to the number of personal assistants you could employ or the number of private offices or desks you can take under the YONG System, as long as space is available.
Yong Real Estate - Corporate 2024 | Privacy | Marketing by Real Estate Australia and ReNet Real Estate Software
