Frequently asked questions…
When do you have your Business Overview and Training Calls?
-Billionaire Mindset & Leadership Calls are on Monday nights at 9 p.m. EST.
-KBFG Orientation Calls are on Monday nights at 8 p.m. EST.
-Commercial Division Business Overview/Training Calls are
Wednesday nights at 9 p.m. EST and Saturday mornings at 11 a.m. ES
-Commercial Document Training Calls are every 2nd and 4th Wednesday
of the month at 8 p.m. EST
-KBFG Locker Room Calls are Monday, Wednesday and Friday at 6 a.m. EST.
*Get back to the person who referred you to get the Phone Number and Access Code.
-There are KBFG Ladies and Mens Ministry Calls. Please contact your Sponsor or the Corporate office for more information.
**Noonday Kingdom Bible Study Calls are Monday-Friday at 12 p.m. EST
**Sunday Bible Study 11 a.m. EST
(530) 881-1400 access code 777883#
When was Kingdom Builders Financial started?
Kingdom Builders Financial Group was started in 2005 by Terence Smith.
What type of opportunities does Kingdom Builders have to offer?
Kingdom Builders is currently offering opportunities in our Short Sale and Commercial Divisions.
Which states do we do business in?
Kingdom Builders Financial Group does business in all 50 states of The United States of America and Canada.
What is a Short Sale?
A Short Sale is the process where the owner can sell their home for less than what is owed to their lender.
Is there a cost to our clients to do a Short Sale?
There is no cost to our clients to do a Short Sale on their home.
What are the first steps to getting a Short Sale done on a home?
The first step to getting a short sale done is for a Homeowner to fill out a Pre-qualification form provided by a Kingdom Builders Short Sale Consultant. Once that is turned in and approved, a member of our Investment team will call the homeowner to collect additional information to get the process started.
How long does it take to close a Short Sale?
A Short Sale typically takes 90-120 days to close depending on how responsive the bank is.
How many Short Sales has Kingdom Builders Financial closed?
The Investment and Negotiation Team that KBFG works with has closed over 3500 Short Sales successfully.
What types of homes will KBFG consider for a Short Sale?
The best type of home is a home that is worth $100K or more and where the homeowner is in the home and behind on their mortgage 30-120 days because of a qualified hardship.
What is considered a Hardship?
A hardship may include many different situations. The most common are a lay-off from a job, cutting of hours on a job, medical issues, divorce and death of a spouse or co-owner of the property. There may be other hardships that are not listed. When filling out a pre-qualification form, that section needs to be completed in order to be considered for a short sale.
How do I become a Consultant with KBFG?
More than likely a Kingdom Builders Consultant told you about the opportunity. Get back with that Consultant and let them know you’d like to get started with Kingdom Builders. They will send you out a contract to sign. Once you get that contract turned in, you will receive a training package and you may tune into our weekly training calls.
What are the Five Steps to Success?
Step One: Locate Clients/Recruit New Team Members
Step Two: Explain the Process of a Short Sale
Step Three: Fill out Prequalification Form Completed & Fax/E-mail to the Office Immediately!
Step Four: Don't Leave Them Where You Found Them. Offer Them the Opportunity.
Step Five: Commit to Our Training System
How do I get started on finding clients who may need a Short Sale?
Start with the first part of Step 1 in the Five Steps to Success and Make a list of 50 people or more and share what you are doing with Kingdom Builders Financial Group. Within that first group of people may be someone who needs your services or someone who you may recruit into your business. You may also receive referrals from those people in your list.
When and how do Consultants get paid?
A Consultant will get paid when a commission is paid to Kingdom Builders after the closing of the referred Short Sale or Commercial deal. Payment will be in the form of a check paid to the Consultant.
What is an override?
An override is the commission received by a Consultant on the closings of deals brought to KBFG by a Consultant(s) that was recruited by him or her.
How do I qualify for an override?
In the Short Sale Division, a Consultant starts qualifying for overrides with the first Consultant that they recruit. In the Commercial Division, a Consultant has to recruit 10 Consultants and have one personally referred deal close in order to start qualifying for overrides. (Please refer to the Commission tab for the complete Compensation plan.)
What kind of projects will KBFG consider getting funded?
The types of projects that KBFG will consider getting funded are as follows: Construction, Mobile Home Parks, Light Industrial, Car Washes, Warehouses, Marinas, Refinance, Automotive Services, Office Buildings, Mixed-Use Buildings, Restaurants, Shopping Malls, Apartment Buildings, Auto Dealerships, Funeral Homes, Raw Land Lots, Self-Storage Units, Bed & Breakfast, Hotels/Motels, Retail, Gas Stations, Assisted Living, Retail Stores, Shopping Centers, Golf Courses, Condo-hotels, Commercial Land Development, Parking Structures, Medical Facilities, Condominiums, Oil and Gas and Alternative Energy.
What is the start-up cost to come into Kingdom Builders Financial Group?
There is no start-up cost to join KBFG.
How do I receive a Training Packet?
First, you will need to obtain a contract and send it into the corporate office via fax or to kbfgcontracts@kingdombuildersfinancial.org. Any incomplete contract will be deleted. If you send in a Short Sale Contract, you will receive a Training Package within 7 business days of receipt. If you send in a Commercial Contract, you will receive an e-mail with further instructions within 7 business days of receipt. Any incomplete contract received will be deleted. Any questions about receipt of your contract or training packet should be directed to hr@kingdombuildersfinancial.org.
May I send a Training Package to my recruit?
No, only the Corporate Office may send Commercial and Short Sale Training Packages. Consultants sending out training packages may result in Termination of Contract of the Consultant.
What is a TEAM?
A team is “Together Everyone Achieves Much”. Kingdom Builders encourages everyone to create leverage by building a team and helping everyone on your team succeed by leading them by example and support.
What is a SYSTEM?
A System is “Save Yourself Time Energy and Money”. Kingdom Builders has worked hard to develop a simple system that is easy to follow so that everyone may succeed in the Short Sale and Commercial Divisions of our company.
