Episode 013: "The Simple Trick Real Estate's Top Producers Are Using To Create Additional Revenue Streams"
Episode description
As I have mentioned a couple of times, our industry typically has a natural progression for the life-cycle of a Real Estate Agent.
A new agent will typically join a brokerage, and in some cases join a team. After they gain some experience, they may move away from the team and on their own, they may get assigned to be a trainer with a fancy moniker. When they graduate from there, they may decide to become a “Team Leader” and eventually a broker, either independently or buying into a franchise, and/or get into property management.
Being a broker or working in property management can be lucrative, but they also carry high overhead costs and risk. Not to mention the amount of your time it can eat up performing low-income producing tasks and in some cases, some cases, being a glorified babysitter. The worst part of all is that you are extremely limited in your growth and the growth of your agents you’ve recruited to join your brokerage.
I, like most agents, once had aspirations to become a broker. After all, it was the next natural step that many before me had taken.
But, the closer I came to actually realizing that dream, I realized how broken the model was. I really didn't feel it had a chance to hold up for the long-term. The industry and technology had been quickly changing the way business was being performed, it seemed inevitable that the old model would eventually lose its relevance.
That is when I turned to Real Estate’s Newest Revenue Model. With this model, I was now going to be able to grow a team like a broker, attracting quality agents while eliminating the high overhead costs and risks previously associated with being a broker.
More importantly, I have now been granted the opportunity to help my agent partners grow exponentially as well. Creating the ultimate setting for massive collaboration, something I have never seen before. I have now been able to do this all without the limitations of physical borders, allowing me to grow a team throughout 5 states and into Canada. The best part… It didn’t require any special licensing, designations or courses to get started. And in the meantime, I just continued to sell real estate.
Without a doubt, applying this one aspect to my business has not only changed my life but it has changed the lives of my agent partners as well. I have found a better way to run my business and it has changed my life, that is why I am so passionate to share it with others. Some will “get it” and some will not, either way, it will not deter me from my path to share with others… My goal is simply to introduce it to those who are looking to grow their business exponentially.
Are you looking to grow your business exponentially?
