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:
DEALER INCENTIVES
DLR will be paid a Flooring Incentive of $1,350.00 per floor by ADI for each RSO invoice paid off in full by DLR. Any flooring costs incurred on an RSO prior to pay off will be deducted from the incentive paid to the DLR. Payment to DLR will be made within fifteen days after ADI receives the Flooring Incentive money from the manufacturer. The Flooring Incentive money is generally 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 DLR a Volume Incentive based on the rebateable invoice amounts of all homes funded during a one year period of time established by the invoice date of the first home purchased by DLR. If DLR sells product from more than one manufacturer, fundings from all manufacturers will be combined when determining plateau levels earned. The incentives will be paid quarterly (calendar quarters). The incentive levels set forth below are not retroactive back to dollar one.
Volume Incentive earned by DLR 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). The Volume Incentive Program (VIP) starts over each year based on the invoice date of the first home purchased by DLR.
If DLR exceeds $900,001.00 in rebateable invoice amounts of all homes funded during a one year period of time established by the invoice date of the first home purchased by DLR, then DLR will receive a bonus of 2% on the total rebateable invoice amounts at the end of the one year period. The 2% Bonus will be paid within 15 days after ADI receives the Volume Incentive from the manufacturer on all homes sold by DLR during the one year time frame. The opportunity for the DLR to earn the 2% Bonus starts over each year based on the invoice date of the first home purchased by DLR.
Annual Purchase Volume Plateau |
|
Incentive Amount |
| $1.00 |
to |
$300,000.00 |
|
2% |
| $300,001.00 |
to |
$600,000.00 |
|
3% |
| $600,001.00 |
to |
$900,000.00 |
|
4% |
| $900,001.00 |
and |
Greater |
|
6% |
DEALER REQUIREMENTS
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Provide ADI with a completed application and a video recording of the sales center. With this information ADI will determine to approve the DLR for the program. ADI must also confirm product availability for the DLR prior to approving the DLR for the program.
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DLR must make a minimum deposit of $5,000.00, payable to ADI on each home. ADI reserves the right to require more than $5,000.00 deposit depending on the cost and complexity of a home and on multiple purchases occurring within the same time frame. The DEALER HANDBOOK details the timing of the Deposit. ADI reserves the right to decline to issue a Purchase Order on any home that in the professional view of ADI is too costly or too complex. ADI reserves the right to reduce inventory levels if fundings merit such action.
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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 120 days from the invoice date. Should DLR fund the invoice on any display home to ADI prior to the Flooring Incentive dollars being exhausted during the 120 days, DLR shall be entitled to any unused amounts. Payment to DLR will be made within fifteen days after ADI receives the Flooring Incentive money on the display home(s) from the manufacturer. Beginning on the 121st day from the invoice date, DLR will pay a non-refundable monthly finance charge equivalent to the interest rate charged by the wholesale finance lenders to ADI on all display homes provided by ADI. ADI will bill DLR by the 3rd working day of the month following the 120th 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.
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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 an Invoice Reduction Account until the display home(s) has funded, at which time a refund of the Invoice Reduction Account (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 Invoice Reduction Account until the display home(s) has funded, at which time a refund of the Invoice Reduction Account (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 Invoice Reduction Account payments due by the 5th working day of each month. The Invoice Reduction Account payment is in addition to the monthly finance charge.
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DLR will pay a $500.00 Transaction Fee to ADI for each home funded. The Dealer Handbook describes the details on when the Transaction Fee is paid. Amount is subject to change with written notice. If DLR funds ten (10) 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 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 4% of the $750,000.00 or $30,000.00 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 $65,100.00! 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. |
