Latest / The Real Estate Agent Playbook / Too Busy to Build Revenue Share? This Changes Everything
Transcript
- 0:00by now you've probably heard
- 0:01EXP's rolling out the new revenue share
- 0:04co sponsorship here on May 1st however
- 0:08you might not have thought
- 0:10how this can impact your business
- 0:12say you're a top producer
- 0:13you don't have a ton of time to do a bunch of
- 0:16you know attraction and bringing agents in
- 0:19and then helping them through
- 0:21you know XYZ making them successful
- 0:23creating Rev share well
- 0:25we may have just solved your problem for you
- 0:26stay tuned
- 0:27we're gonna dive into exactly what it looks like
- 0:29and exactly how it could be rocket fuel
- 0:32for your exit strategy in real estate let's go
- 0:39what's up guys I'm Jeremy Kane
- 0:41the real estate agent playbook
- 0:42EXP Realty
- 0:43here we're talking about co sponsorship again
- 0:45because it is such a game changing opportunity
- 0:47we typically talk all things EXP
- 0:50as well as growing your business organically through
- 0:55you know certain terms social media
- 0:57whatever that looks like that's my expertise
- 0:59I've done it I continue to produce at high levels
- 1:02and I've helped agents just like you
- 1:04get over that hump and understand
- 1:07the ability to gain multiple streams of income
- 1:10through this wonderful brokerage
- 1:11model that we have at EXP
- 1:13but also absolutely level up their production income
- 1:17so that they can
- 1:18continue to do what they love to do within this
- 1:21amazing industry called real estate
- 1:23so we're gonna talk about co sponsorship today
- 1:27and what this gives your ability
- 1:30you as an agent at E X P
- 1:31Realty the ability to do right
- 1:34let's say that you know you came into the company
- 1:37you didn't really fully understand the sponsorship
- 1:39or you did and things just have changed over the years
- 1:42right maybe a couple people have left maybe
- 1:45you know some of your upline no longer
- 1:48you know are
- 1:49are working cause they're able to retire
- 1:51whatever that looks like right
- 1:53the ability to plug agents into a community that you're
- 1:58you know
- 1:58you're bringing someone to the company and you know
- 2:03the sponsor has a varied you know vision
- 2:07all sponsors have a little bit different
- 2:09vision of what it should look like
- 2:11so when you're bringing an agent in
- 2:14think about the opportunity to plug them into
- 2:16multiple layers of value
- 2:18where it's not just you a couple blank people
- 2:21maybe you know somebody here
- 2:22maybe you and one other person are running pretty hard
- 2:26totally understand that but the truth is
- 2:29is that the Wolf Pack value stack that has been built
- 2:33is multiple layers of value
- 2:35that is a little bit different
- 2:37very diverse from you know
- 2:38real estate investment to social media
- 2:40marketing training to systems processes
- 2:43time management to you know organic lead generation
- 2:46that would be me into some of my agents right uh
- 2:51you know specific specialty events
- 2:53or niching down
- 2:55or organic social media using Facebook or AI and CRM
- 2:59like if you play this right
- 3:01and you utilize this co
- 3:02sponsorship piece to your advantage
- 3:05you could technically plug your agents into four five
- 3:08six layers of value and you're gonna be the co sponsor
- 3:12and still have access
- 3:14and the beauty is that any agent that
- 3:16that new agent brings on
- 3:17is going to be in your Revshare organization
- 3:19and they're also going to have access
- 3:21to the multiple layers of value
- 3:23so that people sell more houses
- 3:25they get more value they stay longer
- 3:27retention goes up
- 3:28and all you had to do was make that introduction
- 3:31and then check in with them from time to time
- 3:34and we take the rest from there
- 3:36so let's talk about this right
- 3:38when I first came to the company
- 3:39I had a goal to get 10 icon awards
- 3:42and then step into this revenue share
- 3:44kind of organization building
- 3:46I quickly realized I would be
- 3:48going from a 10 time icon salary to zero
- 3:51while I built it up
- 3:53it does take time to build the revenue share income
- 3:56as you go I've been at the company for four years
- 3:59I just achieved my first 5 5 figure a month
- 4:02month in Revshare so full transparency there
- 4:05it does take some time so you know as it sits
- 4:09I work very hard on both I'm in production
- 4:11I'm talking to agents I'm at events
- 4:13I'm building relationships
- 4:15I'm 100% relationship based on the production side
- 4:18as well as the agent attraction side
- 4:20so it's kind of easy to for me
- 4:22I'm in flow and deals with agents and so on
- 4:26so I'm just building those relationships up
- 4:28offering value leading with value
- 4:30and so I'm able to take that time
- 4:34and leverage it in two different ways
- 4:36to build two different income streams with my
- 4:39you know commission coming in from sales
- 4:42and then my revenue share
- 4:43and so as we kind of push forward in this
- 4:47we have to understand and what I understood
- 4:49was that
- 4:50I need to probably start to provide some value
- 4:53you know that I can tangibly give away
- 4:54because I have 165 agents
- 4:56at the time of this recording
- 4:58I cannot possibly be a one on one coach to all of them
- 5:01certainly some of them
- 5:02I have those one on one coaching relationships that I
- 5:06you know maintain and sometimes when people come in
- 5:09I can get them up and running and so on
- 5:11but I built an entire course
- 5:13that's focused on building pillars of business
- 5:16and focusing on those
- 5:17focusing on finding the winners in the market
- 5:18and having an excellent client journey
- 5:20and so now I'm able to leverage my time by saying hey
- 5:23you get this course for absolutely free
- 5:26you can go through that course
- 5:27and then you can have access to me in a Q&A session
- 5:30where it's one to many right
- 5:31where somebody else probably has that question
- 5:34you can ask the question they're gonna hear it
- 5:36I can record the videos
- 5:37and so it's just leveraging time
- 5:39but having that item of value
- 5:42now I am lucky enough to be in an organization
- 5:45where my sponsor Louis
- 5:47thought of that with his predictable production
- 5:49course and community
- 5:50his sponsor Mike thought of that with his
- 5:52you know branding
- 5:53social media
- 5:54training that he has in the Social Agent Academy
- 5:56and then his sponsor
- 5:57Connor also has real estate investment training and
- 6:00you know
- 6:01run some agent attraction calls and things like that
- 6:03so as you can see here it's a very different um
- 6:07setup and now
- 6:08what I do is I talk to my agents on my first year
- 6:10and I say hey
- 6:11what are you good at if you're interested in attraction
- 6:14you need to kind of build some
- 6:15from some frameworks
- 6:16or some blueprints or something to offer
- 6:18it's different from everybody else above
- 6:21and so we've done that
- 6:22so we've been able to build a four or five tier
- 6:25you know system
- 6:26where you now can be the beneficiary
- 6:29by bringing someone in
- 6:30maybe it's an agent you've been talking to for a while
- 6:32just can't get them over the hump
- 6:34or maybe it's an agent that's new to the industry
- 6:36I don't know how many times a week I hear
- 6:39you know when we're talking Revshare that you know
- 6:41I just I don't have time to help those new agents
- 6:44well that's why we built the systems for you
- 6:46that you can now plug into them
- 6:48you're the co sponsor we're the sponsor
- 6:50they get access to those multiple layers of tiers
- 6:53and it's absolutely incredible
- 6:56so if you are one of those agents at DXP
- 6:58that struggle to scale your business
- 7:01or grow now you can plug into the Wolf Pack
- 7:04you can introduce them to myself or one of my agents
- 7:08um so they get all of those layers of value
- 7:11we'll help with the closing call
- 7:13we'll help with the explain
- 7:14we'll make sure that they understand the model
- 7:16exactly as it is
- 7:18they're going to join you as the co sponsor
- 7:20and then we're going to help them do the same thing
- 7:22if they want to grow
- 7:23and they want to grow agents and residual incomes
- 7:26that's where we're going to go into that
- 7:27we're going to have the trainers run
- 7:28close their agents and turn
- 7:30building your revenue share organization
- 7:32both in agents not only in agents
- 7:34but also in high level real estate production training
- 7:38in which we offer in the Wolf Pack
- 7:40so if you're interested in that comment
- 7:42co sponsor below I would love to book a call with you
- 7:46just to kind of go over this
- 7:47we can separate the value stacks
- 7:49we can kind of go through all the things
- 7:50so you know and then introduce you to the you know
- 7:55calendar link that I've created
- 7:57um to talk co sponsorship with an agent and yourself
- 8:01so I hope that that helps
- 8:03I think this is a game changer for a lot of people
- 8:05you're no longer alone on an island or with you know
- 8:09couple of your buddies
- 8:10there's an entire culture in the Wolf Pack over here
- 8:13thirty three hundred agents strong
- 8:15that's ready to help you grow
- 8:17and help your agents plug into something
- 8:19that's absolutely life changing
- 8:21so I can't wait to jam out with you about this
- 8:24um if you have any questions
- 8:26please comment below and we'll catch up
- 8:29we'll see you next time
- 8:30like comment and subscribe while you're here
- 8:32I put out some good stuff from time to time