The Difference between being a Self-employed Real Estate Agent and Owning your Real Estate Business

The Real Estate Agent Playbook · May 6, 2023 · 12m · transcript

Today, we'll be discussing an important topic for all agents and entrepreneurs: the difference between being self-employed and being a true business owner. We'll be looking at the Wealth Quadrant and how income, equity ownership, residual/passive income, and duplication are the keys to building wealth. If you're at a traditional brokerage, you're likely self-employed because you lack ownership in your business. As agents we are required to hang our license with a brokerage, however, do you have ownership in your brokerage? Why does this matter? Because business ownership should create an exit…