Agents ​Learning ​Hub

$20,000 commission ​paid per sale

Update: Jan 2023

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Is there a need to add additional ​income to your business

There are several reasons why a real estate agent, accountant or mortgage broker may ​want to diversify their income:

1. Economic stability: Diversifying one's income can help to mitigate the financial risk ​of relying on a single source of income. This is particularly important for real estate ​agents, who may experience fluctuations in their income due to changes in the ​market or other external factors.
   
2. Increased earning potential: Diversifying one's income streams can provide ​additional opportunities to earn money, which can help to increase overall income.
   
3. Professional growth: Diversifying one's income streams can also allow a business to ​expand their skill set and expertise, which can lead to professional growth and ​increased job satisfaction.
   
4. Work-life balance: Diversifying one's income streams can also provide the flexibility ​to take on different types of work or projects, which can help to achieve a better ​work-life balance.
   

Overall, diversifying one's income as a real estate agent, accountant or mortgage ​broker can provide a range of benefits, including financial stability, increased earning ​potential, professional growth, and a better work-life balance.

Are you taking advantage of the opportunities ​to help your enquiry and also earn an income

There are several advantages to offering an alternative product to an enquiry:

1. Improved customer satisfaction: Offering an alternative product may help to meet ​the needs of the customer more effectively, leading to improved satisfaction with ​the product or service being offered.
   
2. Increased sales: By offering an alternative product, the business may be able to ​convert an enquiry into a sale, even if the initial product of interest is not available ​or not a good fit for the customer.
   
3. Cross-selling opportunities: Offering an alternative product may also provide an ​opportunity to cross-sell additional products or services to the customer.
   
4. Improved efficiency: By offering an alternative product, the business may be able ​to more efficiently resolve an enquiry and move on to the next customer, rather ​than spending a lot of time trying to find a product that meets the customer's ​needs.
   

Overall, offering an alternative product to an enquiry can help to improve customer ​satisfaction, increase sales, provide cross-selling opportunities, and improve efficiency.

Directory

cOMMISSIONS

How we pay ​commissions

Check it out

membership

How to benefit from the ​very first sale and earn ​$10,000 extra per sale

check i​t out

building

Things you need to ​know about ​construction

check i​t out

How we pay, all builders except the colour code Orange (see ​table below)

casual sales agent vs membership

bENEFITS

Ad​ditional Commission

$1​0,000 paid on every sale

Le​arning Hub

Ac​cess the online learning hub

Digital branded ca​talogues

Supplied with your Logo

Pr​icing calculator

Ac​cess to pricing calculator

$149 per month, ​quarterly membership

OR

$405 p/quarter

paid upfront

casual sale agent

N​o

Addi​tional $10,000 paid on the 3rd sale.

Yes

No​

No​

member

YE​S

Pa​id from the very first sale

Yes

Yes

Yes

what is house & land?

BWhen a buyer secures both the land and the construction in one transaction, ​this is a House and Land package. There are still two contracts, one for land and ​one for construction, but both are signed together.

Everyday we have a dedicated team of experts looking for land in the best estates ​across Melbourne and Regional Victoria. Once we have identified the land, we ​then proceed to price the most suitable house on the block. In this way, we ​reduce uncertainties and extra costs.

EThe benefit of a Turnkey House and land package is 'one fixed price for a 100% ​complete home, inside and out'. Many First Home Buyers find it much easier to ​choose their first home by purchasing a House and Land Package, because they ​know the complete price upfront and it's easier and transparent. It is also the ​choice for many Investors, as the benefits are exactly the same for them as they ​can rent out the property immediately after the house in built, reducing the ​amount of time the house is vacant after completion.

With a Turnkey House and Land, the benefits are even greater, the house ​comes 100% complete, therefore eliminating the worry about having to pay ​extra for blinds, fly wire screens, air conditioning, landscaping, fencing and ​driveways. These are just a few of the many unforeseen extras that may have ​not been priced by other builder

All you may need to ​know about ​construction

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What are the component ​that make up the price

1. Materials: This includes items such as lumber, roofing, siding, windows, ​doors, and other building materials.
   
2. Labor: This includes the wages and benefits of the workers who will be ​building the home, including carpenters, electricians, plumbers, and other ​tradespeople.
   
3. Finishes: This includes items such as flooring, paint, cabinetry, ​countertops, and other finishes that will be applied to the home once it is ​built.
   
4. Equipment: This includes items such as scaffolding, cranes, and other ​equipment that may be needed to construct the home.
   
5. Fees: This includes items such as permits, inspections, and other fees that ​may be required by local government or other entities.
   
6. Site Work: This includes excavation, foundation, grading, and other work ​that needs to be done on the building site.
   
7. Sub-contractors: Hiring specialized service providers for specific work like ​plumbing, HVAC, and other services that can't be done in-house.
   
8. Overheads: All the indirect costs like rent, insurance, office staff etc.
   

Site works (Site Costs)

Site work refers to the preparatory work that is done ​on a building site before construction can begin. It can ​include a variety of tasks, such as:

1. Excavation: This involves removing soil and other ​materials from the site to prepare it for the ​foundation and other parts of the building.
   
2. Grading: This involves leveling the site and shaping ​it to the desired contours.
   
3. Foundation work: This involves preparing the site ​for the foundation, including digging and pouring ​the foundation, and making sure it is level and ​stable.
   
4. Drainage: This involves managing water flow, to ​prevent water pooling and erosion, and directing ​water away from the building.
   
5. Utilities: This includes connecting the building to ​the necessary utilities, such as water, gas, ​electricity, and sewage.
   
6. Roadwork: This includes construction of access ​road to the building site, and other necessary ​infrastructure
   

These tasks are essential to ensuring that the building ​is safe and stable, and that it will function properly ​over time. Site work can be a significant portion of the ​total cost of building a home and will depend on the ​location, complexity, and soil type of the land.

How important is the ​fall of land

In the context of construction, fall of land refers to the natural slope or ​incline of the land. It describes the difference in elevation between different ​points on the property, and it can impact the design and construction of the ​building.

Fall of land is important in construction as it can affect drainage, the type of ​foundation required and how the building will sit on the land. For example, if ​the fall of the land is towards the building, steps needs to be taken to make ​sure that water is directed away from the building to prevent water ​infiltration and structural damage.

If the land has a steep fall, then steps need to be taken to prevent erosion ​and landslides, which can be costly and time-consuming to fix. If the land is ​on a flat area, then the cost of site works will be different than the one with ​steep fall. The fall of the land is also considered when designing landscaping, ​as it can affect how water flows and is retained on the property.

Design and construction professionals like architects, engineers, and ​contractors need to take into account the fall of the land to make sure that ​the building is safe, stable and that it will function properly over time, while ​keeping costs as low as possible.

Fall of land and price

The fall of the land can have a significant impact on the ​cost of building a home. Depending on the fall of the ​land, the site work may be more complex and expensive, ​and that can drive up the overall cost of construction.

Here are a few ways that the fall of land can affect the ​price of building a home:

1. Site preparation: If the land has a steep fall, more ​excavation and grading may be required to prepare ​the site for the foundation, which can be costly.
   
2. Foundation: A steep fall of land may require a more ​complex foundation.
   
3. Drainage: A steep fall of land can also make drainage ​more complex, requiring additional drainage systems ​or retaining walls, which can add to the cost.
   
4. Building design: If the fall of land is steep and affects ​the design of the building, it may require additional ​design and engineering work, which can be costly.
   
5. On the other hand, if the land is relatively flat, the ​site work will be less complex and less costly. ​However, if the land is on a flat area, costs may be ​incurred to bring in soil to create the necessary fall ​for drainage.
6. Overall, the fall of land is just one factor that can ​affect the cost of building a home, and its impact will ​depend on the specific circumstances of each ​project.
   

Retail

Quote to Site Start

16-30 weeks

Sales

Quote

8 week or more

4 weeks to initial drawings/tender and further 4 weeks to colour selection

Up to 8 weeks

Can take up to 8 weeks for the Builder to achieve 6 star energy rating and meet Developers guidelines

Price change

$10,000 to $100,000

$10,000 to $30,000

Apply for Building Permit, this determines the Council requirements Community Infrastructure Levy. Here is when they quote the final price. Initially it was only an allowance.

Up to 2 weeks

Final contracts are presented. This is now complete and can be used for your bank and for valuation.

$900 to $2,000

$10,000 to $50,000

The house is now complete, but depending on the builder, you may be missing landscaping, fencing, driveways, blinds, clothes line, letterbox or even flooring.

$30,000 to $100,000

Extra Cost estimate

$60,900 to $282,000

Turnkey

Quote to Site Start

10-12 weeks

Final Contract Signing

House Complete

No Extra Costs

Turnkey construction is a method of building where a company ​is responsible for the design, construction, and delivery of a ​project to the client, ready for immediate use. The benefits of ​turnkey construction include:

1. Easy sales process - where the retail sales process may take ​up to 30 weeks to finalise the price and get to a site start, ​the Turnkey pricing is fixed and complete when advertised ​and site start is normally within 12 weeks from settlement of ​the land.
   
2. Reduced risk: The client's risk is reduced because the ​turnkey process fixes the price upfront reducing the risk of ​price blowouts and problems with funding the project by ​the lender.
   
3. Simplified project management: With a single point of ​contact, communication and coordination are simplified, ​reducing the potential for misunderstandings or error.
   
4. No hidden extras to worry about - the Turnkey sales process ​eliminates the possibility of hidden price increases and in ​normal circumstances the advertised price is the complete ​price, therefore offering peace of mind to a new home ​buyer.
5. House is complete inside and outside - a typical Turnkey ​project includes all the internal fittings and fixtures so that ​the client can move in a start living on the day of handover. ​it also includes basic landscaping, fencing and driveways, so ​that the owners don't have to spend any additional money ​after they move in.

turnkey vs retail

buy your own land and choose ​a builder Vs a turnkey package

Building a new home should be a realisation of a dream, but sometimes it becomes one ​that you would rather forget. Here at Turnkey Home we make every effort to make your ​dream home as easy as possible.

Choosing a block of land: Buying your block of land is the main consideration when building ​a new home. For first home buyers, investors or even a someone who has already had a ​home, this can be quite daunting. Prices of land vary, and the reasons are many. The ​location of the land estate, the proximity to schools, medical, recreation and public ​transport are the main drivers for price. Developers may also have shopping, childcare and ​other community facilities being built on their estate and this is the driver for the price of ​land on that estate. Other factors may influence prices, such as the amount of fall of land or ​the slope on the block. Blocks that have significant slope or fall are normally cheaper, as it ​will cost a lot more for the foundation of the home and the retaining walls and drainage that ​will be required.

Easements on the land will restrict the size or length of the house you can build, therefore ​blocks that have transformer reserves, large underground pipes and irregular shapes are ​always priced accordingly. Therefore, there is always a reason why the price of particular ​blocks are more attractive than others.

How does Turnkey Home help when choosing a block?

Our experts do the due diligence before we package on ​a block. Every aspect that will increase the cost of the ​foundation is evaluated by our builders. We believe ​that the money you spend should be spent on the ​house and NOT under the home. The cost of foundation ​can be minimised by selection the right block of land, ​with the least ‘Site Cost’.

Sometimes a well-priced block of land may be suitable ​for the home you want to build and therefore you can ​take advantage of the cheaper price, without ​compromising on your home. Our prices are always ​fully inclusive of all ‘site costs’ and therefore is fixed, ​giving you the surety that your home will be built within ​your budget and there will be no cost escalation or ​prime cost items when you are ready to sign you ​contracts.

We start with the final price. When you receive your ​Turnkey House and Land package, the price is all ​inclusive.

our sales and building process

OUR POINT OF DIFFERENCE

Since we don’t have the onerous process of tender documents, soil testing and the many discussions with a consultant to arrive at your final price, we go straight to ‘Fixed Turnkey Price’ at the very first meeting. What you see is what you get, is the difference between the retail builders and our Turnkey offer.

If you like the package price and it meets your budget then the next step is

eoi - expression of interest

This means you will pay $1000 dollars to lock in the package price, secure the land and commence the journey to building your very own Turnkey home.

This is all done via an Expression of Interest form.

colours & facade

Before contract signing you will be asked to pick your choice of façade and internal colour schemes.

Normally the external colour schemes are predetermined by the choice of the façade, but the internal colours are chosen from our predetermined colour charts.

You can also visit your Virtual Tours on line to help you see the internal colours as built in various displays across Melbourne. www.turnkeyhome.com.au

contract variation

In some homes, you will have options to make some changes or add inclusions. Normally this is very limited as our homes are always 100% complete, but some inclusions may have options to relocate or add too, in this case you will sign a PCV (Post Contract Variation) so that these changes are incorporated into your Final Working Drawings.

contracts, land & construction

Our time frame is normally 7-14 working days to get your contracts ready. Your second meeting will be to sign both land and construction contracts.

The soft copies of the contracts are normally available

before your appointment and we will email these to you before you come in for your second meeting. This allows you to review your contracts and exchange them with your conveyancer.

deposits

Your deposits are now due as per the time frame agreed while signing your contracts. The land deposit could be either 5% or 10% of the price of the land, while the construction deposit is always 5% of the price.

land settlement

Depending upon the title release of your land, you could be waiting a few month or more before your land is ready to settle.

The settlement date is normally 14 days after the title

release on your block. Your Conveyancer will coordinate with you and your Lender to ensure that settlement is booked and happens on time.

We advise you to commence your final loan application as soon as possible so that there are no delays in settlement.

fwd - final working drawings

This will be ready approximately shortly after your land settlement happens. You must review these drawings in detail, as this is the final drawings and your home will be built as per these drawings.

building permit

Once your land has settled you must send us a settlement letter from your Conveyancer so that we can apply for a Building Permit. After this is approved the builder will be on site within a short time.

construction

Our single storey homes are normally built within

18 – 22 weeks and our double storey homes between

26 – 30 weeks. These time frames are subject to weather and other delays, but we will try to hand over your home well within the contract stipulated dates.

building inspections

We appoint an independent building surveyor to work with you and your builder all the way from Building Permits to Completion.

The independent surveyor will ensure quality construction practices and management of inspections and rectification of works if necessary.

Brown Bag Watchlist

Effective LEadership

Learn how to become

a better, more compassionate and ultimately more effective leader in this hour-long session with esteemed Life Coach, Daniel Gallego.

Communicating with Confidence

A panel of experts in communication and psychology gives their tips and tricks for conveying your messages confidently and effectively.

Rallying

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Collaboration is key

to the success of projects. Learn how to leverage

on a team's skills and

rally them towards achieving goals.

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