Welcome to the YTB Source Travel Agent Glossary. Here you will find the definitions to terms and acronyms specific to YTB, as well as those generally used in the travel world. To look up a term simply click the corresponding letter to your left. You may also use the Search feature on the navigation bar. If you can not find the term you are looking for please let us know. Our glossary is constantly growing and we would be happy to research and add any new lingo.
An alternative way to receive commissions. Funds can be accessed using it as a MasterCard or at ATM machines. Note this is not a credit card.
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Ten Thousand Dollar Bonus Paid every time your Power Team increases by 100 RTA’s .
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One thousand dollar bonus paid every time your Power Team increases by six RTA’s
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Commissions earned based on a percentage of the money a Rep in your team has made. This is money paid on top of the orginal amount and is not part of it. For example a 50% override on $1000 made by a Rep in your team pays you $500. The Rep would still recieve the full $1000.
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As defined in the YTB compensation plan : When one of your Power Team Reps starts their own Power Team , that Power Team becomes a First Generation Dream Team to you. When a First Generation Dream Team Rep Starts a Power Team , that Power Team becomes a Second Generation Dream Team to you. This continues through six generations of Power Teams and compromises your Dream Team.
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As defined in the YTB compensation plan : You qualify to start your Power Team once your First Team is complete. Your Power Team includes the First Team of every Rep in your Power Team though infinity.
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As defined in the YTB compensation plan : Your first team is may up of personally sponsored Reps plus the Reps they sponsor and so on. When you are qualified to override by having 4 active personally enrolled RTAs [your own On-Line Travel Agency can count as one], you will earn a 50% match of the commissions earned by all personally sponsored First Team Reps . Your First Team is considered complete when you: 1.Personally sponsor 3 or more Reps and 2. Have 6 active RTAs enrolled (On-line Travel Agencies paying $49.95 monthly fee) by you and/or your First Team Reps
Optional streamlined selling site. If you are building a team of Reps , this system is simply a MUST!
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