We want to make sure ALL agents have access to this national database so they can continue to serve clients in the best way possible. Therefore we are sharing equity in BACLIST.COM with those who most effectively help agents learn about and utilize this necessary communication tool*.
When a new member provides their account details, they will be prompted to choose which member (if any) referred them to the service (from a searchable pull-down of all other members). You will be able to see how members are in your “downline”* at any time.
*We use the term “downline” to describe the concept, but members of BACLIST.COM do not earn money from those in their downline, they earn stock options in BACLIST.COM. Also, each member’s “downline” is infinite, there is not limit of levels, other than that described above.
BACLIST.COM has 10,000,000 total shares of stock.
The first 1000 members who have 100 other members in their downline will receive stock options for 500 shares of BACLIST.COM stock.
The first 100 members who have 1,000 other members in their downline will receive stock options for 5,000 shares of BACLIST.COM stock.
The first 10 members who have 10,000 members each in their downline will receive stock options for 50,000 shares of BACLIST.COM stock.
The first member who has 100,000 members in their downline will receive stock options for 500,000 shares of BACLIST.COM stock.
The above subject to the following:
If a member is the first in his upline to add a member in a state, all other members under that new member in that state will only go in the downline of the person who added that first member in that state and will not count in the downlines of the members above them.
If a member is the first in his upline to add a member in a city, all other members under that new member in that city will go only in the downline of the person who added that first member in that city and in the downline of the members two levels above them.
* There are two requirements to participate in this stock option program: (1) join BACLIST.COM (so that your name is available for new members to chose as the person who referred them), and (2) send an email to support@baclist.com to communicate your desire to participate in this stock option program. We can only count the members who join your downline starting on the date and time we receive this communication from you. You need not be a real estate agent to participate in this stock option program.
Stock options will convert into preferred (non-voting) stock upon a significant financing event such as an IPO or a buyout by another organization.
Questions? Email support@baclist.com.