Momentum Realty Joins Jax Chamber

Jacksonville FL

03 February, 2021

6:30 PM

Description

From The JAX Chamber: February 2, 2021 Momentum Realty is an innovative new real estate brokerage combining an agent-friendly, 100% commission pricing structure with the training, systems, and tight-knit professional community of traditional brokerages. Momentum's mission is to improve how real estate sales are done in Florida by partnering with experienced agents dedicated to providing great customer service, which leads to a repeat, referral, and review business that helps agents grow as business owners and, ultimately, build their wealth through real estate. Momentum's goals are advanced through high-level training from valid leaders in real estate and affiliated fields. The brokerage also runs a selective, formal mentoring program aimed at training and nurturing the area's next generation of top-level real estate agents. Momentum is one of the fastest growing brokerages in Northeast Florida. It opened its doors in January 2020 with 4 agents, and by January 2021, it had nearly 100 agent-partners, doing a projected collective sales volume of more than $400,000,000 for 2021. Based in Jacksonville, the brokerage also has agents serving Tampa, Pensacola, Daytona, St. Augustine, and Gainesville. "We are excited to share our business knowledge with Florida's top real estate agents, and help them succeed both as service providers and as small business owners," says Momentum's owner/broker, Brittany Brooks. "Most agents work very hard, yet their failure rate is staggering: 80% within their first two years, and 87% within five years. Major issues include lopsided commission splits and inexperience with business practices." "Our analysis reveals approximately 84% of agents, after splits with their big-box brokers, earn less than $50,000 per year in gross commission, and after subtracting business expenses, licensing, and taxes, that is barely a living wage. Momentum not only offers a 100% commission structure but also helps its agents, through seminars and one-on-one and group coaching, to think like business owners who can run a sustainable and profitable business. Our agents can then use those profits to pour back into their families and our community. We are proud that, in such a short time, so many top agents have joined us to adopt Momentum's business philosophies." About Momentum Realty Momentum was founded by Jon and Brittany Brooks, former team leaders of the award-winning Brooks Group at Keller Williams (KW). The Brooks Group was a top 10 team in Northeast Florida, earning numerous recognitions, including "2018 Top Producer Team - Closed Units - Northeast Florida Region." Jon, who was named a KW "Agent of the Year" in 2017, was one of KW's youngest paid MAPS coaches and a frequent speaker at industry events, including panels with Gary Keller at KW's 2018 and 2019 Mega Camps. Jon and Brittany, both alumni of Virginia Tech with backgrounds in finance, also led seminars sharing their journey from being $80K in debt to net worth millionaires within 3 1/2 years, at age 28. The couple founded Momentum in January 2020, assisted by their Brand Ambassador, Bruce Breedlove, who was their marketing manager at The Brooks Group. Brittany, a CPA, is Momentum's owner-broker, while Jon, who is no longer a licensed agent and now works in mortgages, is an outside consultant. Along with Bruce, they comprise Momentum's Leadership Team. This press release was produced by The JAX Chamber. The views expressed here are the author's own.