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QUANTUM REAL ESTATE NEW STARTER GUIDE BOOK

Quantum Real Estate - New Starter Guide Book

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Moving country is not easy. At Quantum Real Estate we have put together a - New Starter Guide Book - To help with most of the questions you may have before making the big move. You can find more information at www.qredubai.com

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Page 1: Quantum Real Estate - New Starter Guide Book

QUANTUM REAL ESTATE

NEW STARTER

GUIDE BOOK

Page 2: Quantum Real Estate - New Starter Guide Book

NEW STARTER GUIDE BOOK

Page 3: Quantum Real Estate - New Starter Guide Book

Policy Manuals are developed to help staff and management teams to run the organization. It sets out the rules and regulations so each member of the company understands and feels comfortable with every aspect of their job.

Here at Quantum service is the key to our success; this goes for our clients AND staff members alike. So we have developed a specific compact manual that outlines the key aspects of your job in simple straight forward terms,to help you feel comfortable and aware during your career at Quantum.

and why do we need them?

What areCOMPANY POLICIES

“”SERVICESUCCESS IS THE KEY TO OUR

Page 4: Quantum Real Estate - New Starter Guide Book

• Dress Code • Working Hours• Probation Period • Annual leave• Commission• Incentives• Targets • In house referrals• Sick leave• Company property • Company Sim cards and mobile phones • Company cars • Health Insurance • Lateness• Disciplinary process• Employment contracts• RERA cards • Smoking • Accommodation • Employee – What we expect from you• Employer – What you can expect from us• Final Message from the Directors

Contents

Page 5: Quantum Real Estate - New Starter Guide Book

DRESS CODE

Page 6: Quantum Real Estate - New Starter Guide Book

We believe you are the front line to the image we strive to portray, you directly deal with the source that generates your income and looking the part is key to your confidence and looking professional.

A strict dress code applies throughout the company and consists of the following:

• Dark 2 piece suits• White long sleeve shirts only• Ties• Dark Shoes• Clean Underwear • Awesome socks

• Suits• Corporate dresses (Black, White, Grey & Navy)• Smart shoes (no flip flops, sandals or casual footwear)• Over the knee skirts• Shoulders to be covered outside the office

“ ”Ladies and Gentlemen this is Real Estate!

So dress toimpress at all

times!

MEN WOMEN

Page 7: Quantum Real Estate - New Starter Guide Book

WORKING HOURS

Page 8: Quantum Real Estate - New Starter Guide Book

9 -am pm6SUNDAY - THURSDAY

If you classify yourself as a 9 - 6

type of person, I assure you Real

Estate in Dubai is just not for you.

Working hours are strictly between 9am & 6pm Sunday to Thursday… However, this means nothing to us. If you want to succeed in this industry and earn yourself a healthy bank balance standard working hours do not apply. Weekend viewings and late nights are a guarantee to the top of the food chain.

Can’t think of one???

THAT’S OUR POINT.

Ask yourself this… What job pays

5 days a week 9 hours a day

150,000POUNDS A YEAR

WORKING

Page 9: Quantum Real Estate - New Starter Guide Book

3MONTHS

PROBATIONARY PERIOD

Page 10: Quantum Real Estate - New Starter Guide Book

Our probation period is 3 months, we have this for a number of reasons:

We believe it takes around that time for you to truly understand whether this is the right path for you

It gives us time to asses whether you have come to terms with the fact this path may not be for you

Once probation is complete a full time employment contract is released along with some juicy incentives to help get the ball rolling.

It pushes both staff and compa-ny to show their true potential on how much they want to succeed

ab cEMPLOYMENT

CONTRACT

INCENTIVES

Page 11: Quantum Real Estate - New Starter Guide Book

ANNUAL LEAVE

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21Once probation is complete 21 days annual leave is granted. This does not include local holidays of which there are plenty.

VACATION & TIME OUT IS PROMOTEDwithin the company as we feel it’s a necessity for staff members

to re-charge in order to keep business consistent.

Once the dream holiday ends, its back to BLOOD, SWEAT AND TEARS.

Page 13: Quantum Real Estate - New Starter Guide Book

50%

COMMISSION

Page 14: Quantum Real Estate - New Starter Guide Book

So this is the fun part, this is the part where opportunity meets reality and an uncapped source of income is within your

grasp. Large sum’s ofTAX-FREE MONEY are floating around for the taking you just need work hard and grab it. It can literally change

your life.

YES THAT’S CORRECT!50% of what you bank for the company

you are taking home that month. Commissions are paid at the end of each month providing the funds are

cleared in our account.

Please see “incentives” to see how you can CHANGE THE 50% TO 55%.

50%And this is how it works…

Fortunately Dubai offers a luxury that

other leading Real Estate markets fail

to do… 50% commission is the indus-try standard as it is here

at Quantum.

Page 15: Quantum Real Estate - New Starter Guide Book

INCENTIVES

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Incentives are a crucial part to any sale floor, however, we’ve decided to crank things up a notch offering more incentives than any other

brokerage in the UAE.

Below is a list of some incentives currently being used:

FINALLY THE WORLD FAMOUS R8 FOR ANY AGENT WILLING TO CHALLENGE DUBAI’S TOP AGENTS.

We believe that if you are prepared to give us more then we are prepared

to give you just as much back.

• On Completing probation a bespoke tailor made suit is awarded as a congratulations • On Completing probation 1 return flight is granted to the equivalent of AED 2,000• If you hit your monthly target, all figures for that month will be paid at 55%• Every Thursday all members of staff can enjoy a complimentary clean shave and a haircut during work hours. • Monthly Dart board challenge – giving agents the opportunity to win small prizes, large prizes, Days off and much more. • On completing probation a discounted company Audi A3 is on offer• Once you hit your yearly target your car will be upgraded to the Audi A4 Unbranded with the extra cost paid by the company for the following 12 months• If you double your yearly target we quite simply double your car with the choice of a Audi Q7 or A5 Convertible • Triple your target and a brand new luxurious RS5 is yours

Page 17: Quantum Real Estate - New Starter Guide Book

TARGETS

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TO SUCCEED YOU MUST EAT, BREATH AND LIVE YOUR TARGETS.

AED 100,000a month

AED 40,000a month

Below is your monthly achievable targets for each department.

By the end of probation you are expected to be hitting just over or just below your target.

SALES

Page 19: Quantum Real Estate - New Starter Guide Book

IN HOUSE REFERRALS

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This can become as complicated as you want it to be… The short of it is as follows. If you refer a Buyer, Seller, Landlord or Tenant to a colleague and the deal gets closed you’re entitled to 20% for the commission.

The rules are as follows:

Congratulations!! You have just banked AED 10,000from 1 simple call.

This is a great way to earn some very easy cash.

Example: You speak with a landlord who is now looking to sell NOT rent his villa in the Springs due to cash flow problems.

You (the smart agent) refers the lead across to the Springs sales specialist who by chance has a buyer for that particular unit. The deal gets closed and you get paid.

Let’s do the math’s – Average price of a Springs villa is AED 2.5 Million

2% of 2,500,000 = AED 50,000 20% of 50,000 = AED 10,000

• The lead must be sent through our CRM system prop space for it to be valid• The agent receiving the lead must not already be dealing with the client• Once the lead is passed over only the agent receiving can deal with it for the reason it was sent• Each referral can only be paid out once

Page 21: Quantum Real Estate - New Starter Guide Book

SICK LEAVE

37:0

0

Page 22: Quantum Real Estate - New Starter Guide Book

Sick leave is looked at on a case by case basis and at the companies discretion days can be deducted from remaining

Annual Leave.

IF YOU ARE OFF FOR OVER2 DAYS A STAMPED DOCTOR’S

NOTE WILL BE REQUIRED.

What we do require is all call in the morning with the reason and your location in case of any emergencies.

Page 23: Quantum Real Estate - New Starter Guide Book

COMPANY PROPERTY

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When we say company property we mean anything that belongs to us not you. This includes computers, company cars, stationery, chairs, desks etc…

I’M SURE YOU GET THE POINT!

All we ask is that you respect it as it was your own, we understand that accidents happen and

things get misplaced but

THEFT AND GENERAL NEGLIGENCE WILL NOT BE TOLERATED

AT ANY POINT.

Page 25: Quantum Real Estate - New Starter Guide Book

COMPANY SIM CARDS AND MOBILE PHONES

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you will be issued with a Mobile Phone & Pay as you Go Sim Card to help you get started.

If a retro post millennium Nokia is not to your taste you are more than welcome to use your own handset.

We strongly advise that emails and internet can

be received to your phone, “minutes” in

Emirates Mall can help with unlocking phones if

need be.

Page 27: Quantum Real Estate - New Starter Guide Book

COMPANY CARS

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First things first… !!! The roads in Dubai may be a little wilder than your home town so make sure you

STAY ALERT.

Our branded cars are a direct extension of who we are as a company and a key element to our branding. Be proud of the company you represent and keep the cars looking good.

From a company side you are the most valuable asset we have so we need you fit and well at all times so stay safe and take it easy, regardless of being late for that one meeting you can’t be late for.

Branded cars must be kept clean at all times and weekly inspec-tions will be run by management.

Branded Audi’s will be issued once your visa is processed and probation is complete.

Quantum offers agents

discounted rates on all

company cars and this

will include servicing and

insurance. It’s the agent’s

responsibility to pay for

Salik, oil, petrol and any

violations

Page 29: Quantum Real Estate - New Starter Guide Book

HEALTH INSURANCE

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We recommend you take out travel insurance from your home country for the 3 month period so you are

fully covered if anything was to happen.

AFTER PROBATION YOU WILL BE BRIEFED ON THE FULL

PACKAGE AVAILABLE TO YOU.

Although Quantum offers free health insurance, this will only start once probation is complete.

Page 31: Quantum Real Estate - New Starter Guide Book

LATENESS

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Just the word is enough to make our blood boil, TIME KEEPING AND ORGANIZATION IS AN ESSENTIAL PART OF OUR JOB and if you can’t simply make it in for 9am we have a big problem.

If you are the type of person who likes to turn up to work as and when they choose I can assure this job is

not for you.

WE’RE ABOUT SERVICE, DEDICATION, HARD WORK AND MAKING MONEY IF YOU CAN’T GET THE BASICS RIGHT WHAT CHANCE DO

YOU HAVE OF SUCCEEDING.

Point made. End of Story.

Page 33: Quantum Real Estate - New Starter Guide Book

DISCIPLINARY PROCESS

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Hopefully this will never become a part of your time here at Quantum but must be addressed none the less.

Warnings will be issued at the company’s discretion. Dependent on the gravity of the situation final warning and termination of employment can be issued on the spot without prior incidents.

1

2

3

4

VERBAL WARNINGS

WRITTEN WARNINGS

FINAL WARNINGS

TERMINATION

WE WORK ON A 4 STRIKE PROCESS.Verbal warnings, written warnings, final warnings and termination of employment. Each warning can have an impact on your title, incentives and car level.

Page 35: Quantum Real Estate - New Starter Guide Book

EMPLOYMENT CONTRACTS

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and are an essential part to any business. It outlines all aspect of your job and is to be read carefully and

understood before signing.

EMPLOYMENT CONTRACTS ARE USED IN LABOR LAW TO PROTECT BOTH EMPLOYER AND EMPLOYEE

Employment contracts will be issued on the employee accepting the offer letter from the employer.

The Contract must be signed by both employer and employee for it to be valid with both parties entitled to a copy.

The Contract must be signed by both em-ployer and employee for it to be valid with

both parties entitled to a copy.

THE AGREEMENT IS SUBJECT TO A 3 MONTH PROBATION PERIOD

1

2

3

Page 37: Quantum Real Estate - New Starter Guide Book

RERA CARDS

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RERA stands for “Real Estate Regulatory Agency” Its the governing body that oversees the whole

Dubai Real Estate market.

Once your visa is in place you will need to take a 2 day course and a 50 questions exam to be a certified broker in Dubai.

Your RERA card/certificate

is mandatory by law and costs AED 2,500

paid for by the employeev.

Once you have the RERA card it’s under your name not the companies.

Regardless of your experience in Real Estate this is exam is not to be taken lightly, 80% is the pass rate and some of the questions can be pretty confusing. STUDY HARD AND LISTEN ON THE 2 DAY COURSE AND YOU WILLALWAYS BE OK.

Quantum can offer installment plans for the paymentif required.

Page 39: Quantum Real Estate - New Starter Guide Book

SMOKING

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Smokingis permitted outside the office building only.

Page 41: Quantum Real Estate - New Starter Guide Book

ACCOMMODATION

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As a company we need to make sure that you are

HAPPY AND COMFORTABLE IN YOUR SURROUNDINGS.

We can offer guidance on all different locations to cater for all staff members situations. We have numerous contacts that can help from

flat shares in the Marinato villas on the palm.

Please feel free to ask for help at any point.

Page 43: Quantum Real Estate - New Starter Guide Book

EMPLOYEE

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LISTEN

ASK QUESTIONS

WORK VERY HARD

FOLLOW THE EXCELLENT TRAINING

YOU WILL EARN MONEY, GOOD MONEY!

Lead by example, strive to be the best you can andJOIN QUANTUM ON OUR PATH TO SUCCESS.

We have a proven formula that can almost guarantee your success in this industry. So

your duties to us are simple…

Page 45: Quantum Real Estate - New Starter Guide Book

EMPLOYER

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As an employer we are looking to do things differently than most. We believe that inside the office retention is the key to our success. We believe that if we can offer our staff a work place where they can be happy and comfortable at the same time as achieving their financial goals our company shall flourish to the top spot in Dubai Real Estate.

we can create a workplace that is admired the world over.

We believe that with our

GUIDANCEHARD WORKTRAINING andWORK ETHIC

All in all our training is second to none, passed down through a decade of experience working for the biggest global names in the business our knowledge and personal success can direct agents from all walks of life to achieve and surpass their goals.

WE BELIEVE THAT INSIDE THE OFFICERETENTION IS THE KEY TO OUR SUCCESS.

Page 47: Quantum Real Estate - New Starter Guide Book

FINAL MESSAGE FROM THE DIRECTORS

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Hi,

Firstly thanks for joining us hear at Quantum, I’m sure it will be a pleasure working with you and sincerely look forward to you reaching new heights in ways of what we believe is possible.

Secondly we need to stress that this is not easy, as a company our goals are big and we will push you to the limit so we can achieve them together so do expect blood, sweat and tears for the reward.

We are under no illusion that you are the key to our success… with our outstanding branding, advertising and exposure already in place we believe that if we can provide the training and the service levels that Dubai is missing we can well and truly dominate this market.

Lastly we would like to point out that our doors are always open and there’s no questions you can’t ask (No matter how crazy you may think they are) as we have more than likely heard them before.

We look forward to sharing our success with you.

Mark and James Managing Directors