Cold Spring Harbor, NY Daniel Gale Sotheby’s International Realty, one of the nation’s leading realtors, has launched an innovative marketing allowance program that gives its real estate advisors the freedom to manage individual marketing expenses in a way that works best for them. The program, QWID, provides each advisor with an annual marketing budget that can be used to cover expenses they incur marketing themselves or their listings. Deirdre O’Connell, CEO of Daniel Gale Sotheby’s International Realty made the announcement.
“We are so pleased to be able to make this significant contribution to our advisors’ marketing budgets,” said O’Connell. “For our newer advisors in particular, QWID will give them a boost to help them jump start their careers and supplement their marketing dollars at a critical stage. They can use the money to market a property or for personal promotion—however they see fit to benefit their business. We take pride in being a company that while steeped in a tradition of strong core values, also understands the value of continued innovation through leveraging real estate technologies and inventive benefits like this.”
Marketing products available through the program include property and personal promotion, photography, client gifts, premier agent accounts, and video and digital marketing materials. The annual QWID allowance is determined annually, and based on each individual advisor’s production from the previous year. The dollars are deposited quarterly into the advisor’s marketing portal, with new advisors receiving a base starting allowance.
“All QWID marketing opportunities are available in a catalog form with pricing for the advisors to select,” said O’Connell. “When an advisor applies QWID to property marketing, for example, the asset is uploaded to the advisor’s dashboard in that property folder. Property folders are a snap to share with sellers and allow the advisors to track their expenses to the penny.”
She explained that the name QWID is derived from the Latin phrase – quid pro quo – something for something, which originated in the 16th century. It’s also where the British got their slang, quid, for the pound sterling.