This program offers a tremendous opportunity for you to build a viable, profitable enterprise without investing a large sum of money. Not only will you earn the profit on the sale of each new home, but you will also earn substantial financial incentives equating to thousands of dollars each year from Flooring and Volume Incentives offered with the sale of each home.
PROGRAM HIGHLIGHTS:
- ASSOCIATED DEALERS, INC. ("ADI") will consign the Dealer with up to two (2) homes for sale and display on Dealer's sales center.
- In addition to being able to sell the homes provided as display homes by ADI, Dealer can also sell unlimited Customer Ordered/Retail Sold Orders (RSO's).
DEALER INCENTIVESDealer will be paid a Flooring Incentive of $1,350.00 per floor by ADI for each RSO invoice paid off in full by Dealer. Any flooring costs incurred on an RSO prior to pay off will be deducted from the Flooring Incentive paid to the Dealer. Payment to Dealer will be made within fifteen days after ADI receives the Flooring Incentive money from the manufacturer. The Flooring Incentive money is paid by the manufacturers on a calendar quarter basis. The Flooring Incentive of $1,350.00 per floor is added to the price of each home. Amount is subject to change with written notice.
ADI generally receives a 10% Volume Incentive from the manufacturers. Amount is subject to change with written notice. ADI will pay the Dealer a Volume Incentive based on the rebateable invoice amounts of all homes funded. The incentives will be paid quarterly (calendar quarters) and are retroactive back to dollar one as each Annual Purchase Volume Plateau is reached.
The Volume Incentive earned by Dealer is calculated in the same manner as the manufacturers compute the Volume Incentive for ADI. The Volume Incentive will be paid within 15 days after ADI receives the Volume Incentive from the manufacturer (paid on calendar quarters).
Annual Purchase Volume Plateau |
|
Incentive Amount |
| $1.00 |
to |
$300,000.00 |
|
2% |
| $300,001.00 |
to |
$600,000.00 |
|
4% |
| $600,001.00 |
to |
Greater |
|
6% |
DEALER REQUIREMENTS
- Provide ADI with a completed application and a video recording of the sales center. With this information ADI will determine to approve the Dealer for the program. ADI must also confirm product availability for the Dealer prior to approving the Dealer for the program.
- The Dealer must make a minimum deposit of $3,500.00, payable to ADI on each home. ADI reserves the right to require more than $3,500.00 deposit depending on the cost and complexity of a home and on multiple purchases occurring within the same time frame.
- On all display homes provided by ADI, the Flooring Incentive of $1,350.00 per floor added to the price of each home shall be utilized to pay the flooring costs on the display home(s) provided by ADI for the first 150 days from the invoice date. Should Dealer fund the invoice on any display home to ADI prior to the Flooring Incentive dollars being exhausted during the 150 days, Dealer shall be entitled to any unused amounts. Payment to Dealer will be made within fifteen days after ADI receives the Flooring Incentive money on the display home(s) from the manufacturer. Beginning on the 151st day from the invoice date, Dealer will pay a non-refundable monthly finance charge equivalent to the interest rate charged by the wholesale finance lenders to ADI; currently Prime Rate +0%, on all display homes provided by ADI. Any reference to Prime Rate shall mean for any calendar month the highest "prime rate" published in the "Money Rates" column of the Wall Street Journal on the first Business Day of such month. ADI will bill Dealer by the 3rd working day of the month following the 150th day and each month thereafter, for payment via Automated Clearing House (ACH) by the 5th working day of each month. The Finance Charge rates are subject to change.
- If the DLR does not fund the total invoice amounts to ADI on display homes provided within 270 days from the invoice date, beginning on the 271st day from the invoice date, DLR agrees to pay via ACH, 1% of the total invoice monthly into a Security Fund until the display home(s) has funded, at which time a refund of the Security Funds (1%) will be sent to the DLR by ADI. If DLR has not funded the total invoice amounts to ADI on display homes provided within 365 days from the invoice date, beginning on the 366th day from the invoice date, DLR agrees to pay via ACH, 2% of the total invoice monthly into a Security Fund until the display home(s) has funded, at which time a refund of the Security Funds (1% & 2%) will be sent to the DLR by ADI. ADI will bill DLR by the 3rd working day of each month following the 270th day and each month thereafter, for Security Fund payments due by the 5th working day of each month. The Security Fund payment is in addition to the monthly finance charge. Dealer will have 540 days to sell the display home(s) received.
- DLR will pay a $500.00 Transaction Fee to ADI for each home funded. The separately attached Dealer Handbook describes the details on when the Transaction Fee is paid. Amount is subject to change with written notice. If DLR funds seven (7) or more homes during the one year period of time established by the invoice date of the first home purchased by DLR, then DLR shall receive a refund of all Transaction Fees paid in and DLR shall not be subject to Transaction Fee charges for the balance of the year. Collection of Transaction Fees on funded sales starts over each year based on the invoice date of the first home purchased by DLR.
Here is an example of how much money in Flooring and Volume Incentives you can earn in a year under this great program:
Let’s say you fund a total of 15 new doublewide homes in a year using $50,000.00 as the rebateable invoice amount of each home. Of the 15 homes, 13 are RSO’s and 2 are the display homes. In this example both display homes were sold more than 4 months after the invoice date. How much would you earn in Volume Incentives?
15 homes multiplied by $50,000.00 rebateable invoice per home = $750,000.00 in total rebateable invoices for the year. Hitting this level earns you a Volume Incentive of 6% of the $750,000.00 or $45,000.00 in your pocket over the year! And that’s not all!
In this example 13 of the homes were customer ordered or RSO’s sales. Therefore you are also entitled to the Flooring Incentive of $1,350.00 per floor on each RSO. As all the 13 homes sold were doublewides, the Flooring Incentive on each home is $2,700.00. $2,700.00 multiplied by 13 homes = $35,100.00 in Flooring Incentives earned over the year!
The total Volume and Flooring Incentives earned for the year on only 15 sales are $80,100.00! Remember, this is in addition to the profit earned on the sale of each new home!
Don't delay! Start taking advantage of this opportunity today by calling ADI now at 888-200-2640. |
