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Part 2: Understanding NEXA Mortgage's Compensation and Growth Strategy

Outline

Introduction to NEXA Mortgage's Compensation Plan

00:00:00

NEXA 100 Program and Key Lenders

00:00:23

Growth Strategy and Partner Benefits

00:01:54

Compensation Plans and Partner Levels

00:04:48

Everyday Payday Policy

00:07:01

Team Dynamics and Volume Strategy

00:10:02

Section: Growth Strategy and Partner Benefits

Start: 1 minute and 54 seconds | End: 4 minutes and 48 seconds

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Growth Strategy and Partner Benefits

NEXA Mortgage is committed to continuous growth and improvement, ensuring that producers remain with the organization. A key aspect of this strategy is offering a compelling incentive: a hundred percent of every loan for the first ninety days. This offer is designed to attract and retain talent, although it comes with a caveat. To sustain this model, NEXA requires loan officers to contribute to the company's growth.

All I ask you to do to keep next to one hundred is bring one other loan officer to the organization that closes one transaction.

By bringing in at least one new loan officer who closes a transaction, existing members can maintain their NEXA 100 status, which allows them to continue receiving full commission on their transactions. This approach not only fosters growth but also builds a community of engaged and motivated partners.

Additionally, NEXA offers opportunities for residual income. When a recruited loan officer closes a loan, the recruiter earns a residual income from that transaction, enhancing the financial benefits of being a growth partner.

NEXA also organizes events, such as an all-expenses-paid trip to Michigan, to further engage partners and showcase the company's culture and vision. These events provide a platform for partners to connect, learn, and experience the passion and dedication that drive NEXA's success.

Growth Strategy and Partner Benefits

This growth strategy not only benefits the company but also empowers its partners, creating a mutually beneficial relationship that supports long-term success.