YellowBlock
The YellowBlock Guarantee YellowBlock Guarantees your success!*

YellowBlock guarantees your success! We guarantee that you will increase the sale of homes, thus increasing your income, by 20% over the next 12 months!

So, What does that mean in real money?

In order to answer this question, we must make the following assumptions. As a real estate agent, you already know what your commission structure is and the average selling price of the business you do, but YellowBlock hopes that this information will help to answer the question of cost justification of a website.

We will define three scenarios - worst case, best case, and an average scenario. It is intended to give you enough information that you should be able to readily see where you fit in the evaluation. See our example below:

Agent Factors Best Case  Average  Worst Case
Commission on Buyers or Listing Agent's side 3% 3% 3%
Average Selling Price for Homes in Agent's area $200,000 $105,000 $80,000
Agent / Broker Commission Split (Broker's fees) 85:15 60:40 50:50
Agent's Corporate Fee 8% 8% 8%
Errors and Omission Coverage per transaction (Considered negligible for these calculations) $35 $35 $35
Agent's Number of Homes Sold per Year (Presently) 36 12 6
Net Commission (pre-tax) per sale:§ $4,692 $1,738 $1,104
§ Using the above assumptions the following Net Commission (before taxes) can be determined:

A YellowBlock Internet Business website costs $275 a year. The site cost equates to 1/4 of your commission from the sale of one home in the worst-case scenario, and less than 6% in the best-case scenario!

With just the sale of one home, you have paid for 4 to 17 years of Internet exposure with a YellowBlock Internet Business website!

* YellowBlock guarantees a 20% increase in business, by offering to give you your next year's cost for a YellowBlock site at a half off rate ($110).

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