Latest / The Real Estate Agent Playbook / Co-Sponsor Like a Pro: Brand-Building With Leverage
Transcript
- 0:00co sponsorship is here
- 0:01and I get this question all the time
- 0:04if I'm bringing the agent
- 0:05why can't I be the sponsor
- 0:07the truth is you absolutely can however
- 0:10if you look deeper at this model
- 0:12the truth is if you're the co sponsor
- 0:15and you plug into a sponsor's upline
- 0:17that maybe has a little bit more firepower than yours
- 0:20you are not only helping that agent change their life
- 0:23but you're still not losing that much as the co sponsor
- 0:27so I'm gonna dive into all of that
- 0:29and what you get by being that co sponsor next
- 0:38what's up guys Jeremy Kane
- 0:39the real estate agent Playbook
- 0:41EXP Realty we are still talking about co sponsorship
- 0:44because it is
- 0:45the biggest opportunity in real estate right now
- 0:48and it has absolutely changed the game
- 0:51it turned a once already collaborative brokerage
- 0:54into an absolutely massive
- 0:57group of collaborators who are entrepreneurs
- 1:00who are taking this model to the next level
- 1:02if you're interested in more
- 1:04check out the link below
- 1:06you can book a call regarding co sponsorship
- 1:09if you are at EXP we wanna have a call with you
- 1:13to discuss a plan and strategy
- 1:15that works best for the agents that we are going to
- 1:17connect with if you are not at EXP
- 1:20and this co sponsorship thing is absolutely confusing
- 1:23you can book a call with me
- 1:25we can talk about co sponsorship and all of the things
- 1:27but let's get down to business with this
- 1:29cause
- 1:30it's an absolutely massive opportunity to leverage
- 1:33one of the best organization brands here at EXP
- 1:37within the value stack which is called the Wolf Pack
- 1:40so let's first dive into a few things
- 1:43let's start just by talking about what it looks like
- 1:48as an agent if you just said okay
- 1:51my friends come to the brokerage and to sponsor them
- 1:54right they would be on your tier 1
- 1:56you would get the 400 dollar stock credit
- 1:59when they close their first transaction
- 2:01as a sponsoring agent
- 2:02you would get the first year bonus
- 2:04of four thousand dollars when they capped or
- 2:07you know as they cap
- 2:09this is the revenue share for the first year
- 2:10is four thousand dollars
- 2:12and you would also get what is called an flqa credit
- 2:15which is a frontline qualifying agent right
- 2:18so that's three things well
- 2:20the truth is
- 2:21EXP has really changed the game with the flqa credits
- 2:24because if you are a capping agent personally
- 2:26you have your first 5 tiers open
- 2:28so you do not even have to worry about it
- 2:31if you're an icon agent
- 2:32you have 7 tiers open regardless
- 2:34you have your first three tiers open
- 2:36so until you recruit an agent that recruits an agent
- 2:39that recruits an agent that recruits another agent
- 2:41you don't have to worry about the flqas
- 2:44so what's it look like with co sponsorship
- 2:47well let's look at this right
- 2:49as the co sponsor
- 2:51you still maintain that first year frontline bonus
- 2:54because the agent is going to go and land on your tier
- 2:58one right
- 2:59this is where the branding and the magic happens
- 3:01as the sponsor who happens to be in the Wolf Pack right
- 3:05we have this depicted here
- 3:07if you join one of my agents
- 3:09we have agents that specialize in AI
- 3:11we have agents that specialize in niche
- 3:14we have agents that specialize in taking a specific
- 3:18you know drive or something that you want to do
- 3:20or an idea
- 3:21and turning it into an absolute business growth mastery
- 3:26if we have agents that specialize in mentoring agents
- 3:29we have agents that specialize in organic social media
- 3:32so we have a ton of value even under me
- 3:35so say you joined my uh
- 3:37AI guy Adam Gillespie
- 3:39one of the top AI guys in real estate
- 3:41been on the channel many times right
- 3:44so say you linked up you're at EXP
- 3:46you're like hey
- 3:47my upline you know
- 3:49isn't necessarily all that there
- 3:51and the truth is they might be right
- 3:53and you and Adam get together
- 3:55and you have a conversation
- 3:56you're like okay
- 3:57this you know
- 3:58value stack suits this agent the best
- 4:00and maybe yours suits other agents the best
- 4:03the truth is most of the agents that I talk to at EXP
- 4:07cannot name their 7 tier up line off the top right
- 4:11whereas you know myself
- 4:13Jeremy Kane here Louis Gault
- 4:15Mike Sherard Connor Steinberg
- 4:16Chris Sonia Ian Flanagan
- 4:19uh Pat Haze and Tracy Gagnon
- 4:22you know as you go up in my seven tiers
- 4:24so certainly as we get up towards the top
- 4:27some of those people are doing their own thing
- 4:29they've provided their value
- 4:31they're doing their own thing however
- 4:33Connor Steinbrook uh
- 4:35you know
- 4:35real estate investment and agent attraction growth
- 4:37Mike Sherard
- 4:38probably the No. 1 social media coach for Realtors
- 4:41and branding as well in our space
- 4:43Louis Gault Systems processes time management
- 4:46myself
- 4:47still actively producing 4 time Icon Foundations
- 4:50Builder course in the Real Estate Agent Playbook
- 4:52community right
- 4:53this is the type of
- 4:55leverage that you can now recruit into
- 4:57as a co sponsor
- 4:59you can absolutely change the game by saying OK
- 5:03I'm gonna co sponsor agents into the Wolf Pack
- 5:06I'll be the co sponsor
- 5:07I'm gonna get that first year bonus
- 5:08which is gonna help elevate my revenue share right away
- 5:12we're gonna choose a sponsor that makes sense
- 5:14in the Wolf Pack maybe it's me
- 5:16maybe it's one of my agents
- 5:17whatever it is and
- 5:20you're going to give those agents
- 5:22access to the absolute
- 5:24value stack that will suit their needs right
- 5:26it's very diverse
- 5:27we're not all the same thing as a lot of
- 5:30you know people end up being is right
- 5:32if you're really good at YouTube
- 5:33and then you teach YouTube and you do good at YouTube
- 5:35and then the next person teaches YouTube
- 5:37that's not what we have
- 5:38here we have a diverse offering
- 5:40where almost every agent who
- 5:43not only the agent that you're bringing in
- 5:45but the agents that they bring into the group
- 5:47have access to those 7 tiers above
- 5:50so as the co sponsor
- 5:51you can plug into this amazing value stack
- 5:53and grow your organization
- 5:56with the help of people who are focused on it
- 5:58who are doing it at the highest levels
- 6:00within the company this is a game changer for you
- 6:04if you maybe are in that production and you're like OK
- 6:07I have all these relationships
- 6:09I'm doing these deals but I don't have the time
- 6:12or the mindset to learn the model
- 6:13and focus on building you can partner with myself
- 6:17someone in my organization
- 6:18and and we can help you bring these agents
- 6:21into your organization therefore
- 6:23building your exit strategy
- 6:25while you build that exit plan out right
- 6:29when I came to the company
- 6:30I wanted to get 10 icon Awards and exit
- 6:33but I wanted to get those icon awards right
- 6:36but I thought when I came
- 6:38that I was just gonna wait the 10 years
- 6:39and slowly attract and then go
- 6:42but the truth is the minute that I stop production
- 6:44I need my income to be
- 6:46somewhat replacing my production income
- 6:49so so I had to build it as I go
- 6:52and this is the perfect opportunity
- 6:54for someone like myself
- 6:55that maybe is ultra focused in production
- 6:58but needs to start thinking about that exit strategy
- 7:01because honestly
- 7:03the hamster wheel is getting faster and faster
- 7:05so with this co sponsorship piece only again
- 7:10as the sponsor
- 7:12you get the flqa and the stock award
- 7:15but as the co sponsor
- 7:17that agent goes on your first year
- 7:18you get that first year bonus
- 7:20so it's essentially the same thing
- 7:22minus the flqa and the stock award
- 7:25which honestly at the end of the day
- 7:27we can work on the flqa in other ways with the icon
- 7:31you know right now if you're an icon agent
- 7:34you have all 7 tiers open
- 7:36so the the FLQAs do not matter to you
- 7:39and if you're a capper
- 7:41you have 5 tiers open so they don't matter
- 7:44so this is ultimately a new way
- 7:47a hybrid attraction model that EXP has rolled out
- 7:52without making it split
- 7:53without splitting the Rev share 45
- 7:5545 and giving the company 10% of the dollar
- 7:58for who knows why this
- 8:00is able to fit in to the already strongest revenue
- 8:04share model in the business
- 8:05according to my opinion right
- 8:08it's already making it happen
- 8:10and it's going to stimulate growth within the company
- 8:13because now it's about that agent that's joining right
- 8:17all this stuff is is one thing
- 8:19but that agent that's joining
- 8:20you can give that specialized value from that co
- 8:23sponsor you can plug in to an already
- 8:26amazing value stack within the Wolf Pack
- 8:28and you're doing the right thing by that agent
- 8:31that agent's gonna have more success
- 8:33you're gonna both work on retention
- 8:35and keeping that agent happy
- 8:36and here and selling homes
- 8:39and ultimately it's just an absolutely massive way
- 8:42to add in the middle another piece of value
- 8:46that could change that agent's life
- 8:47and that's really what it's about
- 8:49so if you are an EXP agent
- 8:51you're interested in co sponsorship
- 8:53book a call below we can talk about co sponsorship
- 8:57I can connect you to a like person
- 8:59you know in my organization that may
- 9:01you know maybe you're like oh
- 9:02I'm gonna need a bunch of AI people or I'm gonna need
- 9:05I'm gonna I know a bunch of people that need AI
- 9:07or I know a bunch of people that need that niche
- 9:09or I know
- 9:10a bunch of people that need the organic social media
- 9:13I can make those connections
- 9:14and you can take those partnerships and run
- 9:17cause that's the beauty
- 9:18if you join someone on my first tier
- 9:19you're getting me Louie Mike
- 9:22Connor and so on
- 9:23and the truth is the agents below you are right
- 9:26once you get to that 10 Mark
- 9:28once you you know agree to partner
- 9:30I'm gonna work with you personally
- 9:31to help you with growth to help with a plan
- 9:34to help with how I've done it myself
- 9:36and then once you get to 10
- 9:39then we get to bring you into the Wolf Pack family
- 9:41and that is a game changer right
- 9:43I've heard from people the entire time I've been here
- 9:47I wish I would have joined the Wolf Pack
- 9:48I wish I would have joined you
- 9:50well now you don't have to disrupt your business
- 9:52you can do this right now
- 9:54which is absolutely an amazing gift
- 9:56that EXP has provided through co sponsorship
- 9:59so book that call below if you are at EXP
- 10:01if you're not and you're interested in joining EXP
- 10:04you can book a call with me anyways
- 10:06um it's a different link
- 10:07join my record breaking group down there
- 10:09you'll see it um
- 10:11and then maybe co sponsorship works right
- 10:13ultimately I'm in a position where if I
- 10:16you say something while we're talking
- 10:18or you have a passion to go chase
- 10:20I am ultra connected within the Wolf Pack and EXP
- 10:23to amazing agents all over the country
- 10:26that can help and be a part of your story
- 10:28and you still get access to myself
- 10:31and the entire Wolf Pack model
- 10:32co sponsorship change the game
- 10:34and if you're interested in changing your exit strategy
- 10:37changing your trajectory don't wait
- 10:39book a call let's get this rolling
- 10:41can't wait to talk to you bye bye