Lakewood Homes. A Tradition of High Performance Selling.
You know us. Lakewood Homes is a top-ten Chicago area builder that started in the 1990s with the goal of making the "American Dream" a reality, especially for young families. We've built thousands of homes in communities with parks, clubhouses and good schools. Customer is our top priority. This has been recognized by sales performance and is validated by independent research. It's also the reason why Realtors are remarkably successful in marketing Lakewood homes.
Questions & Answers about the Rewards Program
What is the Lakewood Rewards Program?
The Lakewood Reward Program is a broker loyalty rewards program for Lakewood Homes Inc. By selling units at our communities, members become eligible for selling bonuses and additional benefits.
What are the benefits of enrolling in this program?
The more units you sell, the more money you can make! Other benefits include periodic special offers and incentive opportunities, access to Continuing Education programs, plus much more.
Can anyone participate in this program?
Only licensed real estate agents and brokers can participate.
How do I become a Realtor for Lakewood Homes?
You must accompany your client on their first visit to a Lakewood Homes Sales Center. When you arrive, please fill out and sign a registration form, and then have a Lakewood Homes representative sign it. This ensures that your registration is valid. The representative will provide you with a copy of the registration for your records. The registration will remain in effect for 90 days; if necessary, you may re-register your client for an additional 90-day period. (Your client must be present at the time of re-registration.)
How do I sign up for Lakewood Rewards?
It's easy. Just go online to www.LakewoodRewards.com and click on "Register Now" to complete the necessary information.
What if I do not have access to a computer?
You will be registered by Lakewood Homes at the time of your first sale, and will be notified by postal mail.
Which of the Lakewood Homes properties are included?
All current Lakewood Homes properties are part of this reward program. Go to www.lakewoodhomes.com for the most current list of communities. Resale transactions at closed Lakewood communities will not be eligible for points in this program.
How do I begin earning credits towards rewards?
All you have to do is sell a Lakewood home! The first sale of at any Lakewood Homes property will give you points, which will be automatically recorded to your account history. The sale of a to-be-built home will earn you 15 points, and you’ll earn 20 points for the sale of an inventory (spec) home. Inventory homes are those which will close within 90 days from contract. Points do not vary per community.
How will my sales be tracked?
Lakewood has developed an advanced internal sales tracking system that automatically flags Member's sales.
Do I have to notify Lakewood to receive credit for sales?
No, your credit will be automatically applied to your account within 7 business days of sale date.
Will I be notified when deals have been added to my account?
Yes, you will be notified by email of your account standing every time you earn a sales credit. If you do not have email, we will send you an update via postal mail.
Once the contract is signed by buyer, will I receive points for the sale?
Yes. Your rewarded points will be posted online, showing the purchase & community information.
If I work in partnership with another agent, do we both get points?
No, one member must be chosen to receive the points.
Is the Lakewood Rewards Program broker based or is it specific agent based?
The Lakewood Rewards Program is an individual member-based program. The brokerage firm will be listed in your account online to show at which firm you were employed at time of sale.
Once I reach a new membership status, will I stay at this level for the duration of my membership?
You will keep your newly earned status only for that calendar year. At the beginning of each year, only Platinum memberships will roll over to the new year, whereas the other 3 membership levels will start new.
Will my earned points expire or roll over to the next year if I have not yet earned a reward?
Your points will expire at the end of each year for all membership levels. However your Platinum membership status will roll over to the next year.
When will I be paid the bonus for a sale?
You will receive the Rewards bonus at the same time as your regular commission payment.
Will I be paid faster on commissions being an exclusive member?
No, bonuses will still be paid after closing.
Are my past sales at Lakewood Homes eligible towards rewards?
No, all agents will be starting at zero sales the day the program launches.
