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	<title>Comments on: Drop And Gimme 20</title>
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		<title>By: AgentGenius</title>
		<link>http://agbeat.com/editorials/realtors/drop-and-gimme-20/#comment-82309</link>
		<dc:creator>AgentGenius</dc:creator>
		<pubDate>Tue, 30 Jun 2009 20:36:32 +0000</pubDate>
		<guid isPermaLink="false">http://agentgenius.com/?p=1326#comment-82309</guid>
		<description>&lt;span class=&quot;topsy_trackback_comment&quot;&gt;&lt;span class=&quot;topsy_twitter_username&quot;&gt;&lt;span class=&quot;topsy_trackback_content&quot;&gt;#agnow Vicki ... I would welcome you to test out our coaching program so you can add it to your list! 

Tom http://cli.gs/dQt76&lt;/span&gt;&lt;/span&gt;</description>
		<content:encoded><![CDATA[<p><span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">#agnow Vicki &#8230; I would welcome you to test out our coaching program so you can add it to your list! </p>
<p>Tom http://cli.gs/dQt76</span></span></span></p>
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		<title>By: tomferry</title>
		<link>http://agbeat.com/editorials/realtors/drop-and-gimme-20/#comment-35218</link>
		<dc:creator>tomferry</dc:creator>
		<pubDate>Tue, 30 Jun 2009 16:36:30 +0000</pubDate>
		<guid isPermaLink="false">http://agentgenius.com/?p=1326#comment-35218</guid>
		<description>Vicki ... I would welcome you to test out our coaching program so you can add it to your list! 

Tom</description>
		<content:encoded><![CDATA[<p>Vicki &#8230; I would welcome you to test out our coaching program so you can add it to your list! </p>
<p>Tom</p>
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		<title>By: Steve</title>
		<link>http://agbeat.com/editorials/realtors/drop-and-gimme-20/#comment-6343</link>
		<dc:creator>Steve</dc:creator>
		<pubDate>Thu, 20 Mar 2008 05:26:48 +0000</pubDate>
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		<description>Great post about Ferry...something I recently came across about him...very interesting (second part of this post..)

Rhymes With Ferry
By: Russell Shaw, NoHassleListing.com, Post Archive, RSS Feed
Posted: Wednesday, March 19th, 2008, 9:29 pm MST
Category: General, Marketing, Realty Reality	

A couple of things. First, the largest real estate company in Arizona (based on number of agents) is now Homesmart. Homesmart was already pretty damn big but on Tuesday it was finalized - they bought Dan Schwartz Realty. Dan Schwartz Realty was, itself, was already one of the top 3 companies in the state for number of agents. So was Homesmart. It is my understanding that - at least for now - both companies will continue to operate with their current names.

A Little Bird Told Me

And now for the “big” news. I’ve just received a report that Mike Ferry’s coaching business is falling off. Big time. I have long considered him a predator, so I am happy to hear this. His company has had a pattern of high pressuring agents (who attend his free seminars) to sign up for coaching. Coaching is pretty much all he really sells - his events being a giant sales pitch for getting coached by his organization. For those who don’t follow the Mike Ferry coaching advice or who find it unworkable they are in for an additional shock, besides not having all that additional income they were sure to get. If they attempt to cancel their relationship they discover - as they have signed a contract - their account will be turned over to a collection agency.

It now happens that the state of California (EDD) recently ruled that all the coaches (I think he has averaged about 60 coaches at any given time since 1999) he has been paying as independent contractors are legally employees. Mike appealed and lost. Prediction: a big fine will soon be levied by California and I’m guessing the IRS will soon do the same. Also, from the very same little bird: a lawsuit from ex-coaches will soon be filed and made public to recover any money not recovered via the taxing agencies. My prediction: he will be out of money before any of them can collect anything.

Mike, once you see this you can have one of your attorneys send me a nice threatening letter. Here is my contact information.</description>
		<content:encoded><![CDATA[<p>Great post about Ferry&#8230;something I recently came across about him&#8230;very interesting (second part of this post..)</p>
<p>Rhymes With Ferry<br />
By: Russell Shaw, NoHassleListing.com, Post Archive, RSS Feed<br />
Posted: Wednesday, March 19th, 2008, 9:29 pm MST<br />
Category: General, Marketing, Realty Reality	</p>
<p>A couple of things. First, the largest real estate company in Arizona (based on number of agents) is now Homesmart. Homesmart was already pretty damn big but on Tuesday it was finalized &#8211; they bought Dan Schwartz Realty. Dan Schwartz Realty was, itself, was already one of the top 3 companies in the state for number of agents. So was Homesmart. It is my understanding that &#8211; at least for now &#8211; both companies will continue to operate with their current names.</p>
<p>A Little Bird Told Me</p>
<p>And now for the “big” news. I’ve just received a report that Mike Ferry’s coaching business is falling off. Big time. I have long considered him a predator, so I am happy to hear this. His company has had a pattern of high pressuring agents (who attend his free seminars) to sign up for coaching. Coaching is pretty much all he really sells &#8211; his events being a giant sales pitch for getting coached by his organization. For those who don’t follow the Mike Ferry coaching advice or who find it unworkable they are in for an additional shock, besides not having all that additional income they were sure to get. If they attempt to cancel their relationship they discover &#8211; as they have signed a contract &#8211; their account will be turned over to a collection agency.</p>
<p>It now happens that the state of California (EDD) recently ruled that all the coaches (I think he has averaged about 60 coaches at any given time since 1999) he has been paying as independent contractors are legally employees. Mike appealed and lost. Prediction: a big fine will soon be levied by California and I’m guessing the IRS will soon do the same. Also, from the very same little bird: a lawsuit from ex-coaches will soon be filed and made public to recover any money not recovered via the taxing agencies. My prediction: he will be out of money before any of them can collect anything.</p>
<p>Mike, once you see this you can have one of your attorneys send me a nice threatening letter. Here is my contact information.</p>
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		<title>By: Vicki Moore</title>
		<link>http://agbeat.com/editorials/realtors/drop-and-gimme-20/#comment-5291</link>
		<dc:creator>Vicki Moore</dc:creator>
		<pubDate>Mon, 03 Mar 2008 20:37:14 +0000</pubDate>
		<guid isPermaLink="false">http://agentgenius.com/?p=1326#comment-5291</guid>
		<description>LOL.  A** kicking is priceless!</description>
		<content:encoded><![CDATA[<p>LOL.  A** kicking is priceless!</p>
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		<title>By: Faina Sechzer</title>
		<link>http://agbeat.com/editorials/realtors/drop-and-gimme-20/#comment-5268</link>
		<dc:creator>Faina Sechzer</dc:creator>
		<pubDate>Mon, 03 Mar 2008 12:47:56 +0000</pubDate>
		<guid isPermaLink="false">http://agentgenius.com/?p=1326#comment-5268</guid>
		<description>Vicki- this is the best (for sure, most entertaining)  &quot;what you get for your money&quot; I have read about the RE coaching. Don&#039;t give away the kick a...for free -that&#039;s priceless:)</description>
		<content:encoded><![CDATA[<p>Vicki- this is the best (for sure, most entertaining)  &#8220;what you get for your money&#8221; I have read about the RE coaching. Don&#8217;t give away the kick a&#8230;for free -that&#8217;s priceless:)</p>
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		<title>By: Ines</title>
		<link>http://agbeat.com/editorials/realtors/drop-and-gimme-20/#comment-5237</link>
		<dc:creator>Ines</dc:creator>
		<pubDate>Sun, 02 Mar 2008 21:28:41 +0000</pubDate>
		<guid isPermaLink="false">http://agentgenius.com/?p=1326#comment-5237</guid>
		<description>Hey Vicki - I think you are now qualified to be a coach- maybe you can charge to kick people&#039;s a$$!! ;)</description>
		<content:encoded><![CDATA[<p>Hey Vicki &#8211; I think you are now qualified to be a coach- maybe you can charge to kick people&#8217;s a$$!! <img src='http://agbeat.wpengine.netdna-cdn.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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