The MCA of each market center must create a team and add any team members from that Market Center to the team. A team needs to be set up even if there is only one individual on the Expansion Team since we group by teams.
New Expansions Network setup:
The MCA of the HUB market center submits a request to firstname.lastname@example.org for new expansion teams to be created. The request must include the following:
- Expansion Agent Name
- Expansion Agent MORE ID
- Expansion Network
- Expansion HUB Team Name as recorded in the Team Tool
- Expansion Network Start Date
- Expansion Team Name for any known Expansion Team in other Market Centers
- Expansion Team Start Dates (Date the team joined the expansion)
Once we have this request, it will be submitted for the creation of the team for reporting purposes.
The MCA of the Expansion Team Market Centers must create the team in their market center and then sumbit a request to add that team to the Expansion Network. The request must include the following:
Adding a new Expansion Team to an Existing Expansion Network:
- Expansion Network Name
- Expansion Team Name as recorded in the Team Tool
- Expansion Team Start Date (date the team joined the expansion)
Expansion Agent: The Expansion Agent owns the business. He or she is the businessperson with the vision to create a real estate empire across multiple Market Centers. An Expansion Agent has a sales team in at least one additional Market Center.
Expansion Partner: The Expansion Partner is the agent who runs the local expansion team. The Expansion Partner may or may not have an ownership interest; the optimal compensation model is selected by the Expansion Agent
Expansion HUB: The Expansion Hub is the administrative center of the expansion empire. The Hub, usually located at the Expansion Agent's first Market Center, performs administrative, marketing, and transaction coordination that services multiple sales teams. Large empires might require multiple Hubs.
Expansion Team: The Expansion Team is the local sales team, generally consisting of at least a listing assistance and buyer agent that the Expansion Agent sets up in an additional Market Center. The focus is solely on lead generation and sales.