AS you read the info, you will find that if you purchase a Foundation Plan at $299.00 or an Emerald Home Plan at $1195.00, your monthly cost is covered by the company Gain Sharing payout and make a few bucks even if you not sell any of the plans.
http://www.icfworldhomes.com/ro4340
Q: What is an ICF INDEPENDENT CONTRACTOR?
1. This prospect will choose to purchase a Home Plan of their choice, and the Reseller Starter Kit.
2. Doing this, they will earn Customer Rewards, Gain Sharing and are eligible to receive G.P.T. Commissions based upon sales they create, or sales that are created by their Sales Team.
3. An Independent Contractor will purchase a Prepaid Home of their choice. When they do this, they are automatically placed into ICF WORLD HOMES INC. Customer Rewards’ program (formerly known as Phase I) as well as the ICF WORLD HOMES INC. Gain Sharing Commissions program.
4. An Independent Contractor agrees to pay the monthly payment of whatever Home Plan they chose to purchase. They understand that their monthly payment may be offset from a combination of their Customer Rewards Commission and their Gain Share Commissions. If their Customer Rewards Commission and their Gain Share Commissions are not enough to offset the monthly payment, the Independent Contractor agrees to pay the difference.
5. By purchasing the Reseller Starter Kit, the Independent Contractor also has the right to create sales. By creating sales, they will earn G.P.T. Commissions which are paid out weekly.
6. They also may earn Level 2, 3, 4, and 5 - G.P.T. commissions from sales or
ICF WORLD HOMES INC.
A NEW CONCEPT IN HOME OWNERSHIP
HELP!
My Gain Sharing went down after the first month!
You said my commissions would NEVER go down!
Many ICF Participants have been calling into Customer Service wondering why their Gain Sharing and/or Customer Rewards went down after month one.
CUSTOMER REWARDS
HOW IT WORKS?
Example 1 – Pre‐Paid Foundation Plan Participant
Month 1 – 32 sales x $50 volume (monthly payment) = $1600 volume
We calculate: 2% x $1600 = $32
We pay you: 75% x $32 = $24 ‐ $2 processing fee = $22 1st Month Customer Rewards
Month 2 – Month 1 Volume $1600 + 32 new sales x $50 = $1600 = Total Volume of $3200
We calculate: 2% x $3200 = $64
We bill you for month 4 at the end of Month 2
$64 ‐ $50 (monthly payment) = $14
We pay you: 75% x $14 = $10.50 ‐ $2 processing fee = $8.50 for the 2nd Month
Customer Rewards and each month going forward for as long as you are in the program.
NOTE: The $14 will vary depending if there are any applicable taxes you had to pay.
Customer Rewards does go down after the first month. Since your monthly deposit is a combination of your Customer Rewards and/or Gain Sharing, your deposit will go down after your first month. It is NOT because your Gain Sharing volume has gone down, but because you are paying for your product starting month 2 for month 4.
Example 2 – Pre‐Paid Emerald Home Plan Participant
Month 1 – 32 sales x $209.20 volume (monthly payment) = $6694.40 volume
We calculate: 2% x $6694.40 = $133.89
We pay you: 75% x $133.89 = $100.42 ‐ $2 processing fee = $98.42 1st Month Customer Rewards
Month 2 – Month 1 Volume $6694.40 + (32 new sales x $209.20 = $6694.40) = Total Volume of $13388.80
We calculate: 2% x $13388.80 = $276.78
We bill you for month 4 at the end of Month 2
$267.78 ‐ $209.20 (monthly payment) = $58.58
We pay you: 75% x $58.58 = $43.93 ‐ $2 processing fee = $41.93 for the 2nd Month
Customer Rewards and each month going forward for as long as you are in the program.
NOTE: The $48.69 will vary depending if there are any applicable taxes you had to pay.
Again, as noted in the first example, your Customer Rewards dropped after the first month. NOT your Gain Sharing from Phase II. Remember, when you get your monthly deposit, it is a combination of your Customer Rewards and your Gain Sharing (if any was applicable).
Thus, giving the appearance that Gain Sharing dropped, when in actuality you are actually paying your monthly payment for month 4 and beyond.
We hope this explanation clears up any confusion on how Gain Sharing works. With the formula above, you can now figure out how much Customer Rewards you would earn. We gave you examples of the two most popular plans, but you can calculate the Customer Rewards for the Family Plan or Executive Plan or even the Mansion Plan.
As always, if you still have questions, please feel free to call me at 306-949-6529 or email me at roicfhomes@gmail.com
http://www.icfworldhomes.com/ro4340
Ron Ochitwa
ICF WORLD HOMES INC.
A NEW CONCEPT IN HOME OWNERSHIP