I got an invite from a client today to join Yuwie. I will admit I do have pages at Facebook, Myspace and the others. I don't actively use them, except when clients see me and such. I will admit I have never received business from these sites, but I am hoping in the next year that it will help push the envelope with some clients (as in help me close the deal).

Basically, the above is just an excuse on why I have these sites. Well most recently with Konnects, Tagged and Zolve, this Yuwie is intriguing. It says, "

What is Yuwie?=================First off, Yuwie is 100% FREE. Yuwie is like any
other "connect with friends" or social networking site. But we have one major
difference.Use Yuwie
- Get Paid!Yuwie pays you to blog, upload pictures, refer friends, chat,
hang out, etc.

It sets itself up like an MLM Blog. What it's done is create a very welcoming atmosphere, one that sort of polices itself in the interest of money. So instead of seeing nasty stuff (granted I haven't looked that hard) it's taken the best parts of social networking and taken the leader of social networking (myspace)'s platform and given it to you in an ad/incentive filled experience.

The question I have is this: Is anyone making money with this site or "social" networking at all?

In any case, I signed up because of a client. If you'd like to check it out, please click the link. Otherwise, I look forward to your thoughts on Social Networking.

Keller Williams Profit Share Model -

I recently discovered the inner workings of the profit share model that KW implements that makes it incredibly transparent. It doesn't take away from the company, but to me, personally, it eliminates it as a reason to join. Basically, it goes from the Steak to the Gravy.

Here's how it works:

Let's say, my name is BOB and JOHN recruits me. Also lets say my split and cap for the market center is $15,000. What was the big AHA for me is that after this $15K is paid, BOB is no longer sending profit share to JOHN. In a really easy math scenario, if John gets 100% of the money, he would only get $15K. Now that may seem like an obvious thing, but they way they present it to you will make more money in a more profitable Market Center. Now I'm guessing that if you have a market center that is not profitable, they dip more heavily into the $15K each agent pays.

Just for information, let's see how the chain works as well:

JOHN recruited
BOB recruited
SUSAN recruited
STEVE recruited
BETTY recruited
JUAN recruited
TANISHA 7th Level

So JOHN will get X% from BOB & TANISHA, 1/2X% from JUAN & SUSAN & 1/4X% from STEVE & BETTY.

X is determined by your % of profitability to the Market Center and I suppose how profitable your Center was.

Previously, I had assumed that other profit sources directly tied to agent actions such as MLS fees (that get redistributed) would have added to the profit share. Instead, it's directly tied and only tied to the $15K.

It's a bit disapointing that it's not deeper than that, but again, KW has so many great things that people will join for, so getting a little back is perfect. In the end, the profit share model ends up being another MLM if it has stand on its own merits.