Latest / The Real Estate Agent Playbook / eXp Con 2024: New Tools, Global Reach & Revenue Incentives Revealed!

Transcript

eXp Con 2024: New Tools, Global Reach & Revenue Incentives Revealed! · The Real Estate Agent Playbook

• 0:00
  every time I attend an event with experialty
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  I see Glenn Sanford on stage
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  Leo Paraha now that he's the new CEO
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  and I sit there and I'm like
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  what are these guys got up their sleeve
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  they always are bringing out new innovations
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  changing the game leveling up and when I first came EXP
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  it was a lot of we're gonna partner with this company
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  we're gonna see how it goes
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  if it goes well the next EXP con
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  they're announcing that they're acquiring the company
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  building that EXP
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  you know stock umbrella and this year was no different
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  so I'm gonna tell you exactly what was released
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  I'mma break down why it's important
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  um and why the haters are hating
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  so uh
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  stay tuned and we'll get into it
• 0:46
  what's up guys Jeremy Kane
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  EXP Realty and the Real Estate Agent Playbook
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  super excited to dive into these
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  amazing releases that were just announced to the XP Con
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  2024 in Miami we're gonna get into that
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  I do a lot of videos on EXP
• 1:00
  but I also have a ton of content on
• 1:02
  building your business organically
• 1:04
  using social media and other sphere of influence
• 1:07
  tactics industry partners and all the things
• 1:10
  if you are interested in that content
• 1:12
  please watch a couple more videos
• 1:14
  hit that like button on those
• 1:15
  and if it's good enough for you
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  throw me a subscribe hit that notification bell
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  and hopefully we can stay in touch and I can help you
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  win every single day of the game of real estate
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  alright so let's get into the announcements right
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  first and foremost
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  they launched the brand new EXP university uh website
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  uh EXP has hire Brian Ellington
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  who has a ton of experience
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  creating training programs and modules
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  um in the real state industry
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  he is the chief learning officer
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  and they just released the new EXP university website
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  where you have things like fast cap
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  um
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  quick start and a couple of other um training modules
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  there is 100 hours of on demand content on there um
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  but there's also you know the access to those courses
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  the registration super cool website
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  I'll link it below and you can check it out
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  but it's really nice to kind of pull
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  all of these amazing programs
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  and put them into one website
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  and so that was a huge win right
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  because as we've grown as a company and grown quickly
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  we've had so many people come and go in this space
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  that it was kind of all over the place
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  some person would use this
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  some person would use this
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  now we offer extensive training in the Wolf Pack
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  and if you're interested in
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  getting all of the things that I'm talking about
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  with the EXP model
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  um in addition to all the things Wolfpack offers
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  book a call down below uh
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  about partnering and we can get there
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  there's links right in the top of the description
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  but for now let's get into what they released
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  um in addition to uh
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  the EXP University website
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  so next uh
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  the incentive program is probably
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  the biggest game changer um
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  if you are a capping agent
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  EXP Realty has a cap of $16,000
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  it's an 80 20 split
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  if you cap as an agent in production
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  EXP will automatically open your
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  first five tiers in the seven tier revenue share model
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  so
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  this incentivizes you to go out and get one of those
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  big agents right away
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  and help you kind of grow out those tiers
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  and every year you cap you're opening up those top five
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  um tears
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  uh for 13 months from your capping month
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  so that's really cool
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  when they're mixing production with this exit strategy
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  and capping you know honestly
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  most full time agents will get there
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  that's about 80,000 GCI once you reach 80,000 GCI
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  you've capped and you can move forward
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  um so really cool there
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  but then if you reach icon status
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  which I happen to have three icon trophies behind me
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  and I'm working on the fourth right now
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  um all 7 tiers
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  the revenue share organization
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  is going to be unlocked for you
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  and this is an amazing opportunity as an icon agent
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  um you typically have a little bit of a leg up
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  because you're doing a lot of deals
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  you're in conversation with a lot of agents
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  agents are gonna know who you are in your market
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  they're gonna ask you
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  if they're considering EXP just naturally
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  so really cool there um
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  but opening up all seven tiers for being
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  you know a top producer at the company
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  which you already get $16,000 back in company stock
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  when you do that which is your cap amount
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  but now having the revenue share
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  completely unlocked right away
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  could be a game changer for someone's entire future
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  in that revenue share model
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  and oh yeah that's willable
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  so um
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  that's pretty cool as we kind of roll that out
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  um definitely the first uh
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  you know company to offer something like that
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  a lot of
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  the other revenue share models have requirements
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  that you do have to close transactions
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  this is just saying if you are closing transactions
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  at the top of your game you'll have all seven tiers
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  and if you're a rising star
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  cannot working towards that 6 figure GCI amount
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  you also have 5 tiers open
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  so
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  you can work on building that into a 6 figure income
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  while you're still in production
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  which is awesome and an amazing idea
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  um just a further reward our top producing agents
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  so um yeah
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  I'm excited to see how that goes
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  I I hear there's some other changes coming um
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  as far as incentives and you know
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  modernizing the revenue share platform and model
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  that we've um
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  absolutely has taken industry by storm
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  since releasing Revenue Share 2.0
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  if you want more on that you know
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  comment revenue share below
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  and we can definitely talk about that
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  but a game changing decision right there
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  to further reward
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  the top producing agents at the company
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  next is global expansion right
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  EXP is in 24 countries currently
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  looks like they're adding Peru
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  Turkey and Egypt I did hear of some other
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  massive countries that were kind on the radar
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  and are still on the radar
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  but they always announce some of these adiex pecan
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  so Peru Turkey and Egypt are in motion
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  and so throughout the next year
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  those will be opening up um
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  so that is absolutely amazing game changing
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  if you are watching from one of those countries
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  and you are interested please let me know
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  you can book a call below and partner
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  and we can talk about it
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  I will let you know when those models do come out
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  and we can get you with the right people
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  but absolutely
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  amazing to see this company continue to grow
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  and expand
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  and when considering the revenue share model
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  these new countries are absolutely
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  a revenue share gold mines
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  having one conversation with
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  you know a really
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  you know inspiring business leader over there
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  could legitimately change your life
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  so always cool to see new companies opening
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  or new countries opening and then this one actually
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  this is the one oddly enough that got the most um
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  internet you know
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  love or hate whatever it was EXP offer or you know
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  is now offering Canva Pro to all of its agents starting
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  in December which if you know
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  you use Canva Pro
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  which if you're an agent watching this
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  I would imagine you probably do
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  um they have up those prices pretty significantly
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  um this year
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  so that's really cool um
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  and then CSU the business intelligence platform
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  allows you to set goals track your goals
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  analytics accountability dashboards
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  lead source ROIs
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  all of those things which is a really cool
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  um you know
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  piece of tech right
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  but that Canva thing people are like
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  oh $170 a month
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  whatever like there's no reason to hate
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  like
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  it's just another addition that were bolting on to
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  an absolutely next level amazing model
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  and so um
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  those were kind of the big announcements
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  the other announcement uh
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  was made that EXP Con 2025 will be in Miami
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  and we look forward to you know
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  hearing some more um
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  amazing things coming from that revenue share model
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  they are you know
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  100% dedicated to making this
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  an absolutely amazing exit strategy for all agents
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  so I can't wait to see how they're changing them
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  how they're you know
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  helping other agents open their
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  you know tiers with F L
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  Q A's and things like that
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  so I hope that there's more to come
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  and I think there is a game changing idea that I have
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  that we could bolt on in the event they do
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  you know
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  make a couple of changes that they're considering
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  so um
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  I hope this helps if you have any questions
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  let me know but again
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  absolutely amazed at my time
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  the Wolfpack family absolutely great seeing everybody
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  but ultimately
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  EXP as a vehicle to wealth continues to change the game
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  and we are able to change and make
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  and make these small tweaks
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  because we are so far
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  advanced of these other copycat models
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  we are more than four times bigger
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  than our closest competitor in the cloud base
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  you know system
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  even though we've only been in business for long
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  four years longer than they have
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  so as we continue to change these things and innovate
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  we're at this critical mass
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  where some of these small tweaks
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  make massive differences in some agents businesses
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  and agent first agent friendly all the time
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  helping agents do more business
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  close more deals
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  and now win every single day at the game real estate
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  so I hope this helps please like comment
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  subscribe if you have any questions about this
• 9:14
  let me know in the comments
• 9:15
  if you're still watching
• 9:16
  let me know what your favorite announcement
• 9:18
  and update and addition to this model is
• 9:22
  and if you're interested in partnering
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  book a call below I'd be happy to chat with you
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  and help you see the light
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  and change your business and your life forever
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  see you next time bye bye