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Money Freedom or Time Freedom - Do you have either? · The Real Estate Agent Playbook

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  Did you know you can create money freedom at any brokerage just by basically
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  trading your time for more income earned?
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  The truth is, is that real financial freedom.
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  You must have money freedom, but you also must have time freedom.
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  Time freedom is often overlooked and there's only one brokerage
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  that you can create both time freedom and money freedom.
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  We're gonna talk about it next.
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  What's up guys?
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  Coach Kane Real Estate Agent Playbook.
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  Very interested to see what you guys think of this episode.
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  time Freedom verse verse, money, freedom and truly creating Ultimate
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  Financial Freedom as we go.
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  This is something that I had to listen to and hear Mike and Connor
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  talk about multiple times before I really grasped the importance of
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  time and time being finite, right?
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  We only have so much time, we can't get time back, so we must protect our
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  time and when we really step back and look at it, The exp brokerage model
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  is the only model in the industry that allows you to create time and money
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  freedom without a lot of headaches.
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  So I can't wait to talk about it, but as always, like, comment, subscribe.
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  If you're listening on the podcast, please share with your
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  favorite real estate agent.
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  Grow that community.
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  Leave me a review.
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  Would love to, really, you know, connect with as many real estate agents and help
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  as many real estate agents win every single day at the game of real estate.
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  So when it comes to money freedom, most agents have a number in their head
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  where they're like, oh, if I could make 250,000 or 500,000, you know, in a year,
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  that would, that would really set me free and I'd be set as a competitor.
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  I've been there and I've set these big, hairy, audacious goals as people
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  call them, and then I've reached them and I'm like, oh, I want to, I
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  want to go for the next checkpoint.
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  I want to go for the next mile marker.
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  And the truth is, all I have to do in the real estate industry is ta
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  trade my time spent, you know, in income producing activities, and
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  typically my, my income would increase.
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  That's at least what, how it works for me.
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  However, when I really thought about wealth and, and talking about the
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  ultimate, you know, freedom, so to speak.
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  It's my time that I really should be focusing on and guarding.
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  And if I continue to have to trade my time in order to increase my income, the truth
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  is that's not really freedom because I have no time to, you know, spend and enjoy
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  my life and enjoy my, my wealth because I'm constantly trying to put more time
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  into, to keep that needle moving forward.
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  So the ultimate.
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  Financial freedom is when I no longer have to invest my time in
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  order to, you know, generate income.
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  And that is the ultimate freedom.
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  And where I now understand I need to go, and the good news is I'm at the
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  right place at the exp Realty that will allow me to do that and provide.
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  Both of these freedoms in order for ultimate freedom
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  to show its light in my life.
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  So when we step back, we all know realtors have to, you know, continue
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  to work endless hours and, you know, it's almost impossible to free up time.
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  And you could be a managing broker, but then you have all the, you
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  know, All the broker hats to wear, and that's not really time freedom.
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  It is leveraging other people that, you know, take a portion of their
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  money and, you know, whatever.
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  You could start a team or that's not necessarily as as much responsibility
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  as a broker, but again, you're giving away money in order to increase your
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  income at a, at a limited rate, right?
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  Because you hire somebody to show houses, you have to pay 'em 50% of the commission.
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  You don't have to do it.
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  You're still getting 50%.
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  Right, but you still have to have the time invested in training them and, and
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  maybe following up and, you know, so on.
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  If you're usually a team lead, you still have a part, a cog in the wheel.
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  And truthfully, you're still putting time in and now you're even sharing
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  your profit with these other people in order to make this happen.
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  So you may sell hundreds of houses, but really it's like
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  selling 70 houses on your own.
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  If you sell a hundred houses with a team, You know, as, as
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  those commissions, lets go.
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  And so the truth is that's, that's really not a way to leverage.
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  And other people will say, oh, what about rental properties?
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  Like just, you know, continue to earn money, trade your time
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  for money, get more income.
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  Put it in income properties.
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  When income properties aren't passive.
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  You know, you have.
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  Toilets, termites, you know, tenants, all the things, vacancies and, and so
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  you're, you're constantly having to do, you know, put in the work and trade your
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  time or share some of your profit, pay someone else to take care of those things.
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  And so that's truly not a passive income either, because you really
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  are having to put that in to, you know, The stress or help having
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  someone pay for it on their end.
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  And so when we really look at this exp brokerage model, well,
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  well what are you saying, Jeremy?
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  You have to, you know, bring agents in.
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  The truth is you bring agents in, you know, and you can teach them to duplicate
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  and teach them to bring other agents in.
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  And eventually there's agents closing deals that maybe
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  you haven't even talked to.
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  Maybe they've just watched your trainings or you know, maybe not right.
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  And seven tiers deep.
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  You know, if you've built a, the proper organization and you know,
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  everybody has kind of their spot and they're doing what they're good at.
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  You know, I was talking to an agent today with, with my sponsor, Louie,
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  and he was just like, okay, well Jeremy has this value and I have this
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  value and Mike has this value and I can't offer what Mike does and.
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  And Jeremy can't offer what Mike does, but Mike can't offer what Jeremy does,
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  and Louis can't offer what Jeremy does.
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  So in, in essence, we have a really good value stack, that you get
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  absolutely for free by joining our group.
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  And then all of a sudden, you know, you start to see things duplicate and
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  you start to see other agents bring on other agents and all of a sudden
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  there's other agents closing deals and, you know, you may hang out with them
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  at, at a get together or something, but you are not truly investing your time.
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  In order to earn that income because of the EXP model.
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  And you say, well, that seems like, you know, a pyramid scheme, right?
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  That's what everyone says.
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  The truth is, we're not taking any money from that agent.
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  The agent is on an 80 20 split, just like I am from a $10,000 commission.
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  That agent gets $8,000, exp gets 2000 of EXPs money.
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  You know, if they're on my, you know, first tier, I'm gonna get.
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  $350, a $10,000 commission, and then Louis's gonna get $400 from the
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  $10,000 commission and so on, so forth.
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  And so as you can see, I could actually eventually, if I'm,
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  you know, build an organization and I provide the value and I.
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  You know, retain those agents.
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  I can eventually step away from the business train, you know, here and
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  there, release some YouTube videos, whatever, and those agents are,
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  are learning and I'm, you know, pouring into them in, in my own way.
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  And they're continuing the to produce.
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  And then that agent goes in and brings on another agent and another agent.
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  You never know, you know who that next Mike Sheard might be.
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  But as you can see here, the power of the model and truly.
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  At some point I could step outta production, I can replace my income with,
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  with the revenue share, you know, and the stock options and all of the things.
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  And eventually it'll, it'll get to a point where you're like, holy cow, that's crazy.
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  And when you look at other commission split models, you
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  can check this video right here.
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  I did on other commission split models.
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  That's great.
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  That's just one side of this.
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  Beast and you have revenue share and stock options and, and then you still have a
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  very competitive commission split model.
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  Not to mention it has a cap and not to mention if you're a top producer, you
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  get that cap back with the ICON award.
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  So truly a brokerage where.
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  You know, you can have your, your normal income, you can trade your time for,
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  for money, but you can also build a residual or passive, I guess, residual
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  income based on the revenue share model.
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  And that's something that's absolutely key in creating time
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  freedom for yourself and ultimately setting yourself financially free.
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  So when you're looking at this, a lot of other models have.
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  I've tried to duplicate it, but the thing that sets exp is still the gold
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  standard, is truly those other models are not true exit strategies At exp, I could
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  literally stop producing real estate, stop selling, you know, homes to buyers and
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  sellers, and stop earning that commission.
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  And I can just focus on building my organization.
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  I could, you know, still get the benefits of the revenue share without
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  producing, which is the key nuance that exp is still the only one to my
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  knowledge, that provides revenue share.
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  That you don't have to be actively producing.
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  In fact, You know, recently exp launched the referral division in
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  which you can park your license.
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  In the commercial division, you don't have to be a part of a realtor board,
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  and you don't have to pay for an mls.
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  You can't actively sell.
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  If you, if you do get a client, you can refer 'em out and
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  there's a split with that.
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  The, the monthly cloud fee reduces to $50 a month.
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  But you can still earn revenue share.
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  You can still take part in the, you know, health insurance and you can still
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  refer, you know, deals out to other agents and, and get a referral fee cuz
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  your license is still technically active.
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  And so that's pretty impressive.
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  Truly the only way.
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  That you can exit the real estate business.
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  As the old staying goes, real estate agents don't retire, they expire.
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  I'm on a mission to absolutely change that.
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  ANPs model is the only one that provides you the opportunity to have money freedom.
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  Time freedom, ultimate financial freedom.
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  And an exit strategy.
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  We want you to retire and not expire.
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  So I hope this helped.
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  If you have any questions, please let me know, like, comment, subscribe.
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  If you have any questions, I would love to chat with you.
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  Would love to connect.
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  Check out, information on my group, the Exp Wolfpack, that I'm a part
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  of, with Mike Shard, Louis Gault.
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  Check out this link right here.
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  And while you're here, check out this video that I made
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  about 500,000 real estate agents exiting the industry this year.
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  We're not the halfway mark, but check it out.
• 10:23
  Very innovative conversation that came from, a taco I was listening to Ben
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  Newman at, so like common subscribe, share the podcast with your favorite real
• 10:32
  estate agent and we'll talk to you soon.
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  Bye-bye.