A Career With Prudential Kahler Realtors®
Of interest to experienced agents
Prudential Kahler REALTORS® can help boost your net effective income. We offer:
- The power of the Prudential Kahler REALTORS® name and referral network
- The widest variety of proven prospecting tools we know of
- An exclusive mentoring program designed to make you a superstar
- Aggressive commission plans
- Attractive professional offices
- Ongoing educational programs
- Abundant support assistance (available over 50 hours per week)
As a result of our outstanding support, the average commissions earned by a Prudential Kahler REALTORS® sales associate were $54,147 in 2001. Our top 10 agents averaged $101,441. Compare that to the average of other REALTORS® with the Black Hills Association of REALTORS® Board, whose yearly commissions average $23,890.
Our success is in direct proportion to the quality and quantity of the services and information we provide. That's why our management style is about developing people, not controlling them. We strive to meet the demands of our sales staff, realizing that if something is in the best interest of our associates, it's in the best interest of management.
With this philosophy in mind, we help sales associates set and achieve aggressive sales goals. Our sales associates live up to our high expectations.
Of interest to new recruits
Prudential Kahler REALTORS® takes great pride in assisting new recruits in reaching their potential. We realize that our company can only be as good as our sales associates. The qualities we look for in an agent include:
- Goal-oriented
- Self motivated
- Positive attitude
- High self-esteem
- High commitment level
- Professional nature
- Organized and consistent
- Team player
Turning rookies into veterans
Our new recruit program helps motivated and committed agents reach their highest levels of potential. This hands-on training provides new agents with the knowledge, skills, and confidence to begin making successful transactions and client contacts immediately.
New agents are given full opportunity to list and sell during training – in fact we expect you to begin right away. We will start out by familiarizing you with our proven successful prospecting and follow-up system. You'll also benefit from plenty of one-on-one assistance and supervision available from staff and sales managers during and following training.
Extra marketing and promotional incentives are provided to new agents at company expense to boost the successes of early producers, including: yard signs, name riders, calling cards, and monthly advertising.
People tend to stay in an environment where they are growing. Come grow with us!
Schooling & start-up costs
Principles & Practices
Who needs to be licensed? Any person, unless exempt, who, for valuable consideration negotiates for another or auctions any real estate interest for another needs to be licensed in South Dakota. A license is also required for any person who engages in the business of selling property where a "pattern of selling real property is established," whether or not they own real estate.
Licenses granted by the state include licenses for real estate brokers, auctioneers, property managers, mortgage brokers, and time-share agents. The qualifications for each title vary. The first step is to acquire your broker associates license – from there you can move on to get your responsible broker license, as desired.
Licensing process
Candidates for a broker associate license must:
- Complete 116 hours of Real Estate Principles & Practices at a state-approved school and pass the final exam
- Pass the state exam with a score of at least 75%
- Be at least 18 years old and of reputable character
Recommended schools in South Dakota that offer broker associate instruction include Kahler School of Real Estate, (605) 343-7500 in Rapid City, Dakota West Institute, (605) 787-4747 in Rapid City, and Pro/Ed, (800) 658-3959 or (605) 331-4900 in Sioux Falls.
Upon passing the state exam (both portions), you will receive an inactive license. When you come join us at Prudential Kahler REALTORS®, we will help you activate your license.
Start-up costs
Launching your real estate career can seem expensive ... but with hard work your initial investment multiplies.
The Real Estate Principles & Practices class typically costs $1,200 which includes both the 54 hour online study and the 62 hour instructor lead class including books. The cost of taking the real estate broker associate test is currently $200.00.
The R.E. commission charges $225 to issue the license
The additional start-up costs for becoming a Prudential Kahler REALTORS® are outlined below. These prices are, of course, subject to change.
| Item | Cost |
| Annual Costs | |
| State & National REALTOR® Member Dues* | $341 |
| Black Hills Board Association of REALTORS® (BHBR) Dues | $600 |
| One-Time Costs | |
| BHBR One Time Costs* | $1000-1300 |
| Price varies depending on when you would enter the business | |
| Other Start-Up Costs (approximate) | |
| Professional photo for business card, HomeFinder, Home Journal, and other advertising | $50 |
| Personal promotion: newsletters, name riders for signs, car signs, personal advertisements, extra marketing materials, etc. | $2,000 |
| Laptop computer | $700 |
| Color printer | $150 |
| * Can be prorated | |
We help you build your business in all the ways that really count.
| Business-Building Features | Pru | Others |
| Name recognition with 40-year reputation for excellence |  |
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| Call routing for ad and sign calls | |
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| Voluntary floor time | |
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| Personal announcements | |
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| Automated 24-hour property line with fax-back option | |
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| Multiple site world wide web exposure | |
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| In-house relocation department | |
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| Prudential's 1,518 - office referral network | |
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| Specialized fine home marketing materials | |
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| On-Going Training | Pru | Others |
| Mentoring program | |
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| Training program | |
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| Rock Talk magazine | |
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| Real estate software training | |
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| On-site continuing education in process | |
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| Sales manager | |
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| Nationally sponsored, low-cost education (off site) | |
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| National Prudential convention | |
We boost your effectiveness with proven time savers.
| Listing and Sale Support | Pru | Others |
| Provide non-competing sales managers in residential market for sales associate support | |
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| Guarantee next-business-day payment of your commissions (when paperwork is received before 1 pm) |
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| Prepare buyer and seller forms packets for your convenience | |
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| Enter listing information into the Black Hills MLS system for you | |
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| Assist you in developing open house ads for the newspaper | |
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| Provide Just Listed and Just Sold cards for each listing | |
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| Agent Services | Pru | Others |
| Relocation packets for transferees | |
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| Automated faxing projects, print merge, form letters, and e-mail support | |
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| Creative services assistance – from desktop publishing to printing preparation | |
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| Top Producer contact management training to all agents | |
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| Assistant Program | Pru | Others |
| Voice mail and office space option for assistants | |
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| Board time available to licensed assistants | |
We understand the essentials and provide them.
| Equipment & communications | Pru | Others |
| Fax machine and copiers | |
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| Talented customer service representatives staff phones 50 hours per week | |
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| Telephone system with voice mail and autopaging capabilities | |
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| Say-it-on-hold messages to differentiate our services | |
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| Timely paging notification of voice mail transmissions | |
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| Economical 800 number telephone service for your customers | |
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| Electronic e-mail support | |
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| Company-paid correspondence to current buyer and seller clients | |
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| Discounted Internet access | |
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| Distinctive dome-shaped signage | |
Prudential goes the distance to enhance your customer service.
| Customer-Servicing Programs | Pru | Others |
| Value Range Marketing option for home sellers | |
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| Customer friendly world wide web access | |
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| Welcome to Rapid City package for transferees | |
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| Mobility Plus city-to-city comparison reports | |
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| Buying, Selling, and Owning Your Home, The Guide to the American Dream magazine | |
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| PRS Van Lines Express and Ryder truck discounts | |
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| PRS Address Express for change of address notification | |
Around here your achievements get their just rewards.
| Kudos for top performers | Pru | Others |
National Recognition Achievement Program:
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| Advanced commission schedule up to 100% | |
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| Invitation to register for the summit conference | |
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| Company-generated press releases for notable achievements | |
We throw in some great benefits just for you...
| Benefits through other Prudential companies | Pru | Others |
| Simplified employee pension (SEP) | |
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| Retirement planning | |
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| Prudential bank credit cards | |
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| Discounted home equity lines of credit | |
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| Prudential investment services discount | |
