What is the Private Housing Network?
There are two ways to look at the Private Housing Network:
- To the KWSE Community and agent base, the PHN is an organic lead generation platform. The Private Housing network partners with various sports and entertainment organizations, who then market our KWSE agents’ real estate expertise and outstanding service to the athletes and entertainers in their sphere.
- To potential clients or sports & entertainment organizations, the PHN specializes in real estate education, mentorship and representation, comprised of several hundred real estate professionals who service over 330 markets throughout North America (United States and Canada).
What is the process if I need to update the information I submitted on my KWSE Agent PHN Registration?
If you need to update your PHN profile information, please contact info@privatehousingnetwork.com and we would be happy to make any changes!
What happens to the referring PHN lead or organization if an agent decides to leave KWSE?
PHN referral contracts, as well as the Terms and Conditions (signed upon registration), remain valid if the agent decides to leave KWSE. We encourage our agents to continue to nurture the client relationships they form through the PHN, even if they decide to exit the Community.
What contracts are associated with the PHN?
There are two contracts associated with the Private Housing Network:
- The PHN Terms & Conditions (signed upon individual agent registration with the platform)
- The PHN Standard Referral Agreement
In order to register with the platform as a KWSE agent and opt in to receiving local lead notifications via email, each agent must agree to our PHN Terms & Conditions – the PHN Registration page is linked here for your review. The PHN Standard Referral Agreement is deal specific and we require each rental, listing, or sale that comes through the platform to have a referral agreement between the KWSE agent and PHN on file. Please reach out to kwse@kw.com if you would like a copy of the Standard Referral Agreement template.
Do clients need to work with a specific lender or can they work with their preferred lenders?
We encourage all of our KWSE agents to provide outstanding service at the local level, so if you have a preferred lender you have had positive experiences with, please utilize them in the interest of the client! If you would like any assistance from the KWSE executive team regarding lenders, feel free to reach out to us directly at kwse@kw.com.
If I put a lead in when they’re ready to buy, am I able to receive a referral fee when it closes?
For any personal leads you would like to refer to other KWSE agents, please use our KWSE Referral platform (www.KWSEreferrals.com)! We can connect you with agents in the referral location and you can set your own referral splits (KWSE doesn’t take any % of these deals – we solely connect you with KWSE agents in the relevant market).
If you would like to bring the Private Housing Network (as a real estate platform) to a sports or entertainment organization, then yes! For any deal that closes through the PHN with that organization, KWSE will split the 30% commission 50/50 with you as the lead source (and any deal that closes in your direct market, you keep 100%).
How is this an education platform?
We offer all PHN leads no-cost licensing through KSCORE as well as other education offerings such as learning about how to manage AirBnb properties, commercial RE investments, land, etc. Our number one priority is to serve as an educational resource to participating S+E organizations interested in expanding their overall knowledge of real estate. From learning the basics of first time home ownership to purchasing land with the intention of building an investment property to breaking into the commercial real estate space, the Private Housing Network works hand in hand with athletes and entertainers to make informed decisions and reach their real estate goals.
For PHN Leads interested in obtaining their real estate license, what can I do if KSCORE is not offered in my area?
Even if there is no KSCORE in your area yet, KSCORE Team can still help get your lead licensed at no cost! Just let us know at info@privatehousingnetwork.com or kwse@kw.com, and we can get you connected with them directly. This also includes Canada!
Why am I receiving notifications for leads outside of my direct service area / market?
The PHN sends out the leads sorted by KW Region, so there will definitely be times when you receive a lead notification outside of your specific service area. If the lead is outside your market there's no need to respond, just disregard the email notification and there will be many opportunities down the line.