Latest / The Real Estate Agent Playbook / The Smartest Way to Use eXp’s New Land & Ranch Division to Grow Fast
Transcript
- 0:00what's up everybody
- 0:01we have everybody's favorite guest back Taryn King
- 0:05but she is back with something absolutely incredible
- 0:09she has been a part of
- 0:11the development of the Landon Ranch community
- 0:14as you know she's always you know
- 0:16been in the horse properties
- 0:17and been the horse property realtor uh
- 0:20but now she has taken this to a whole other level
- 0:22and is part of the founding members
- 0:24but honestly is the passion behind it all
- 0:26so we're gonna talk about land and ranch
- 0:28plus co sponsorship
- 0:30because this is an opportunity for you
- 0:32to leverage all of Taryn's knowledge
- 0:35if you you know are in the land and ranch space
- 0:38or maybe you're completely not
- 0:40but you know somebody that is
- 0:41that you'd like to bring in the XP
- 0:43well we got just the thing for you
- 0:45and we're gonna talk about that
- 0:46so Taryn welcome how you how you been doing
- 0:49you holding up after all those long hours
- 0:51hey
- 0:51we've uh I'm hopefully can sleep a little bit more soon
- 0:55but man when you've got passion like this
- 0:58and an opportunity like this
- 0:59it's been incredible I'm super
- 1:01excited to finally be able to bring this to everybody
- 1:03perfect well
- 1:04let's start a little bit with the land and ranch
- 1:06value add and then we'll go down the co sponsorship
- 1:10since they launched uh 15 days apart
- 1:13almost like a match made in heaven
- 1:15so tell us a little bit just about the land and ranch
- 1:18side of things that you've been you know
- 1:20heading up no
- 1:21I think the
- 1:22really cool part about what we've built in Landon Ranch
- 1:24is that at this point
- 1:26I think most brokerages know
- 1:28they need to have something in this space however
- 1:31we have been I think
- 1:32the only brokerage that has what I call real
- 1:34tangible value again
- 1:35it's kind of an EXP thing
- 1:37it's a wolf pack thing
- 1:38there's no fluff
- 1:39it's a lot of actual marketing partnerships here
- 1:42that are gonna save you money
- 1:43that are gonna maximize your reach
- 1:45that are gonna maximize your sellers reach
- 1:47and we have options
- 1:48we have different like it's just incredible
- 1:49it's a whole value stack um
- 1:5120 different marketing partners to start with you know
- 1:54you can't beat that these
- 1:55if you were to if you were to list
- 1:57one listing for one year
- 1:59on these websites that we have now
- 2:01developed contracts with
- 2:02you're looking at about 14 grand um
- 2:05we're doing it for three a year
- 2:07so it's something that and the other thing is time
- 2:10time is money we've got a one click listing
- 2:13syndication to get it out to all of these websites
- 2:16those are just like the two big things for me
- 2:18that's it
- 2:19and then there's a whole stack behind that right
- 2:23so one listing
- 2:2414,000 or an entire annual membership for
- 2:28I think 10 active listings at a time is probably where
- 2:31where it is to have it on all of
- 2:33them with one click of a button for three grand
- 2:36so right there even if you're at a brokerage
- 2:39it doesn't even charge you for transactions
- 2:41and you're in this land and ranch space
- 2:43you are saving multiple five figures
- 2:46sometimes six figures if you're really moving these
- 2:48these large land and ranch properties
- 2:51yep it's huge
- 2:52and we don't have any limit
- 2:53to the amount of listings that you can throw out there
- 2:56on those websites um
- 2:57there's a couple land.com and Horse
- 2:59properties.net are little add ons for certain things
- 3:02so there has some nuance there
- 3:03but in terms of the actual value
- 3:06there's really no limitations
- 3:08that's that's really cool
- 3:09so obviously you've
- 3:12you've been in this space
- 3:13you've sold a lot of land and ranch properties
- 3:15acreage properties and you were kind of building this
- 3:19because it's always something
- 3:20it's been a passion of yours
- 3:21to save the land and all the things
- 3:23but as we push forward
- 3:26we've been having conversations more and more
- 3:28and I don't I'm not a cowboy
- 3:30I mean I like country music
- 3:31but um
- 3:32we've been having more conversations about these co
- 3:35sponsorship conversations
- 3:37these revenue share conversations
- 3:38that you didn't expect to happen
- 3:41at least this quickly so
- 3:43tell me a little bit about
- 3:44kind of the different avatars
- 3:46that you're having these conversations with
- 3:48starting with people that are outside of EXP
- 3:52yeah um
- 3:53I think the value stack alone is
- 3:56already gaining attention right
- 3:58we've barely started this rollout of marketing
- 4:00um angle and we have people who have said
- 4:02wait a minute what are you guys doing
- 4:04and been able to already attract some agents that
- 4:07quite honestly I was working on for years
- 4:09and this one real
- 4:11right with an entire list of what we're offering
- 4:13I started getting calls from outside of EXP
- 4:16and what I did not realize when we launched this
- 4:18and we did the initial call
- 4:20my phone hasn't stopped ringing with agents inside EXP
- 4:24who maybe were with luxury
- 4:25so they know a little bit about the platform that we've
- 4:28um built the same thing like on the luxury platform
- 4:30or they've just have done maybe one or two uh
- 4:33land and ranch deals they're interested in it
- 4:35but they haven't been able to maximize on it
- 4:38but they see the value right
- 4:40so maybe it's not their thing
- 4:41but they know how incredible this value stack is
- 4:44so I've received calls of hey
- 4:46you're like the go to person
- 4:48but I'm here in Texas or I'm here in California
- 4:50I'm here in Montana
- 4:51I know these agents but it's not my thing
- 4:54can we partner can we create something together
- 4:58and really maximize both of our reach
- 5:00and I had no idea the potential power
- 5:03that we were building with that
- 5:05right and obviously co sponsorship that launched uh
- 5:09May 1st charity XP
- 5:10officially gives rocket fuel
- 5:13to these agents that maybe have struggled with growth
- 5:16haven't been able to focus on growth
- 5:18because in the land and ranch space
- 5:20you have these massive properties
- 5:21they're on the market for a long time
- 5:22they need a lot of attention
- 5:24um and so growth hasn't been a thing
- 5:27well part of the thing that Taryn is a
- 5:31a part of is also the the No.
- 5:342 net growth organization at EXP in 2023 and 2024
- 5:39and so
- 5:40we're going to talk a little bit about co sponsorship
- 5:42and how this all looks as we kind of go
- 5:46so as you can see here we have co sponsorship
- 5:50and the ability to have an organization
- 5:55bolt on to something like land and ranch
- 5:57you know for your own sales needs
- 6:01or be able to approach agents
- 6:03with the land and ranch value stack
- 6:06and say hey
- 6:06this is what we're doing
- 6:07is this what you're doing at your brokerage
- 6:09no well
- 6:10let's have a conversation
- 6:12you can then bring Taryn or myself
- 6:15Louis Galt
- 6:16Mike Scherrard into the conversation depending on
- 6:19you know
- 6:19what that personality type looks like or whatever
- 6:22and we're going to help close them
- 6:25we will sponsor them
- 6:26you will co sponsor them and by doing that
- 6:30they will get access to the entire
- 6:33Wolf Pack value stack
- 6:347 tiers up already handed to them
- 6:39you say what's this look like
- 6:40well you know
- 6:41maybe they can't um
- 6:44you know maybe they're super interested in social media
- 6:46and you're just on Facebook
- 6:47cause that's where you kill it
- 6:48with your equine properties
- 6:50well they can plug into the No. 1 social media training
- 6:53just by naming Taryn a sponsor and you a co sponsor
- 6:57and then every agent that you build underneath
- 7:01will be into the Wolf Pack
- 7:03as well as have access to you
- 7:06and what you offer personally
- 7:08and so it's a really cool setup
- 7:10and so let's just kind of dive into this Terran
- 7:12and you want to speak to you know
- 7:14the power of the Wolf Pack a little bit
- 7:16and what you've come to you know
- 7:18know and love over the last two years
- 7:20yeah absolutely
- 7:21um when I decided to join EXP
- 7:23I realized quickly that it was actually more
- 7:25important to find the best sponsor
- 7:27and so I I hunted you guys down
- 7:30I truly interviewed all of the organizations
- 7:33and I went to see who was gonna be the best and what
- 7:36what the value stack was
- 7:38and I could not be more impressed
- 7:40and two years later I'm still impressed right
- 7:43that's the kind of the staying power of the Wolf Pack
- 7:45the community is huge the actual
- 7:47like I said
- 7:47tangible benefits of all the different courses
- 7:50trainings options
- 7:51whatever you need is here
- 7:53whatever your kind of niche or your interest is
- 7:55whether it's investment agent attraction
- 7:58you know you're a newer agent
- 7:59that needs to work on your sphere of influence
- 8:01you got Jeremy um
- 8:03the whole lineup it just
- 8:04it touches the entire um
- 8:06and career path essentially
- 8:09yep so let's just kind of dive into this
- 8:11there are a few nuances
- 8:12that we don't necessarily need to go into um
- 8:15if you are the co sponsor
- 8:16you're gonna receive that first year benefit
- 8:18so that $4,000 when they cap will be yours
- 8:22because that new agent will actually
- 8:24technically be on your tier 1
- 8:26and with Taryn as the co sponsor
- 8:28they'll be on her tier 2
- 8:30she will retain the FLQA credit
- 8:32which is assignable as well as the stock award
- 8:35so that's kind of the split within the co sponsorship
- 8:39but when you look at the
- 8:41a immense amount of value that you can provide
- 8:44not only land and ranch agents
- 8:46and that's where people really kind of get hung up
- 8:48because if you have a home run land and ranch agent
- 8:51you want to bring Taryn in
- 8:52she's the sponsor you're the co sponsor um
- 8:55and you still have access to all of the Wolf Pack
- 8:58but you're like
- 8:59I just really need the land and ranch well
- 9:01at that point that's great
- 9:03but when we're talking about a duplicatable model here
- 9:06within the revenue shared XP
- 9:09what happens if this person is drawn to land and ranch
- 9:13but their brother is a broker who
- 9:16you know wants to get out of the business
- 9:18and really needs social media training right
- 9:20just by doing it this way
- 9:22because the value exists
- 9:24to help you grow your organization
- 9:26within the Wolf Pack right
- 9:27we're gonna do the calls for you
- 9:29we're gonna do the explain calls
- 9:30we're gonna do the Three Way closing calls
- 9:32with your help but coming from an organization that's
- 9:36net growth is absolutely incredible
- 9:38is insane and so right away
- 9:41we're gonna help you with your growth
- 9:42when we choose to partner
- 9:44when you bring an agent into the wolf pack
- 9:46I'm going to be your No.
- 9:481 contact for all things growth right
- 9:51if you want to learn the model
- 9:53I have accelerators if you need to have a conversation
- 9:56you have a question
- 9:57I'm going to be helping you with that to help you grow
- 10:01because ultimately as we've built this out
- 10:04as the co sponsor
- 10:06if you sponsor with a Wolf Pack member
- 10:09so you're the co sponsor the Wolf Pack member
- 10:11like Taryn is the sponsor
- 10:13if you do that with 10 agents
- 10:15you then get access to the leaders call
- 10:18here within the Wolf Pack
- 10:19which is a call with Joshua Smith
- 10:22Mike Sherard myself
- 10:23John Connor Steinbrook
- 10:25Louis Gold
- 10:26all of these people that are involved in leadership
- 10:29and constantly growing
- 10:30you're gonna be plugged right into that right
- 10:32you're gonna maybe even get a hat
- 10:34you're going to get access to the Social Agent Academy
- 10:37instead of just your agents that you bring in
- 10:39doing that
- 10:40so if I can get you to 10 as quickly as possible
- 10:43you're making the intros we're closing them
- 10:45they're joining you as co sponsor
- 10:47Terran as the sponsor then you're gonna grow quicker
- 10:50so
- 10:50let's just dive into what this value stack obviously
- 10:54means obviously you have Taryn with the Landon Ranch
- 10:56I'm sure you've talked to her about that
- 10:58if you haven't already her contact stuff will be below
- 11:01but then we have um
- 11:04sorry let's get these slides
- 11:06first off above Terran
- 11:07you have myself
- 11:09um with the real estate agent playbook
- 11:10this is a choose your own adventure
- 11:13building your foundational pillars
- 11:15um as you grow your business right here
- 11:17right now right
- 11:19they'll get this day one
- 11:20so say that you bring an agent on
- 11:22and then they bring a new agent on
- 11:24who has never closed a deal
- 11:25they don't have to babysit
- 11:27you don't have to babysit
- 11:28Taryn doesn't have to babysit
- 11:30they're gonna go through my course
- 11:31they'll have live access to Q&A calls
- 11:33and it's built in a way
- 11:35that they can choose their own adventure
- 11:36and guide their own you know success
- 11:39then we have obviously Louie Galt here
- 11:41we'll check on Louie
- 11:43Louie is a top 1% agent at XP and with growth
- 11:46his big thing is systems processes
- 11:48time management he has a course predictable production
- 11:51every single agent that you sponsor into the Wolf Pack
- 11:55as a co sponsor is getting access to this
- 11:58then of course we have Mike Sherard
- 12:00he's a top producing agent
- 12:01Mike Sherard happens to be the No. 1 attractor
- 12:04personal attractor all time at EXP
- 12:06but he
- 12:07also attracts the most agents that are selling homes
- 12:10so as we kind of grow this out
- 12:13you see that there's a massive value stack
- 12:15his Social Agent Academy here
- 12:17is given to every single agent within his seven tiers
- 12:20which the agents that you would co sponsor
- 12:23and sponsor with Taryn
- 12:24would be within that realm
- 12:26would
- 12:26would then have access to this community to help grow
- 12:29your social media YouTube channel
- 12:31it's wild
- 12:32I've been at all kinds of different events lately
- 12:34and the amount of people
- 12:36when the Wolf Pack is in the room
- 12:38that say they have a YouTube channel
- 12:39or have gotten a deal from social media
- 12:42is absolutely incredible this stuff works
- 12:44and it's not just what you provide
- 12:47now you can bolt on to this amazing opportunity
- 12:50so as we we kind of complete this out
- 12:53the future agent the new agent's downline
- 12:55it's not you don't have to do the sponsor
- 12:57co sponsor thing anymore
- 12:59so say you bring John to the company
- 13:01if he and you Terrence the sponsor
- 13:03you're the co sponsor
- 13:04anybody who John brings to the company
- 13:06is just one tier removed so say John brings Sarah
- 13:10Sarah would be on um Terrence tier 3 and your tier 2
- 13:16and so that's how the co sponsorship works
- 13:18it's a massive uh a value stack right off the bat
- 13:22if you decide to partner with us
- 13:24that we can help you grow
- 13:25we can teach you all these models
- 13:27but then from there on we're
- 13:29we're growing so we're gonna pop this uh
- 13:32screen off of off of the
- 13:35the video now and then we will go back to just
- 13:38jamming out with Taryn as
- 13:40as we kind of wrap this up
- 13:42so Taryn did I cover everything there
- 13:45you covered a lot and right
- 13:48in addition to the land and ranch division
- 13:51which everybody has access to right
- 13:53what I'm personally am building now
- 13:56because I've been watching what the Wolf Pack has done
- 13:58for the last two years
- 13:59and how you guys have built so much value
- 14:01and how we just really bring it together
- 14:02and have created this model
- 14:04I'm now building out an
- 14:06a Rev share organization that kind of 10 x's in VIP
- 14:11if you will of the land and ranch
- 14:13so where we have
- 14:14Tuesday mastermind calls in the Landon Ranch division
- 14:16we're gonna take that to a Thursday call
- 14:18for my personal Rev share organization
- 14:21and go okay
- 14:22well how are we gonna implement
- 14:23and how are we gonna hold ourselves accountable to it
- 14:25we're going to give you access to all of our CRM
- 14:28marketing and drip campaigns that are to uh
- 14:31customized for everything Landon Ranch
- 14:33everything I do is Landon Ranch right horses
- 14:35houses and houses for horses um
- 14:37and as well when we're teaching these masterminds
- 14:39with the division as a whole
- 14:41we're telling you what to do and how to do it
- 14:43when you join
- 14:44and if you join or if you co sponsor with us
- 14:47I'm giving you access to those templates
- 14:49so I'm giving you the Canva links to take copy
- 14:52duplicate brand for yourself
- 14:54so it's essentially we're creating
- 14:56another level of the Landon Ranch as well
- 14:58and I think that's where
- 15:00this really is gonna start to take off right
- 15:03and it's kind of like land and Ranch is a big box store
- 15:05Taryn's been on the front lines of that
- 15:07but then there's these little boxes right
- 15:10there's these little boxes when Taryn turns on her
- 15:13you know auto voicemail dialer
- 15:15and she has 180 calls in seven days
- 15:18because she didn't she did it all at once first
- 15:22you know those kind of things
- 15:26right those kind of things
- 15:27and the generation of the Facebook leads
- 15:29and the direct access to Taryn
- 15:32um and all of those things
- 15:33and it's not that she's held anything
- 15:34back from the Landon ranch
- 15:36but it's just this is more specific
- 15:38tailored towards you
- 15:40it's not something she can just provide on a mass scale
- 15:43because of the involvement in that
- 15:45so to plug into that niche
- 15:47specific piece of it is absolutely incredible
- 15:50and you know
- 15:51as as she builds it out and other niches come into play
- 15:55like you have direct access to her to kind of help
- 15:58you know maybe the golfing realtor or you know
- 16:01whatever that needs to be
- 16:03because she's absolutely incredible
- 16:04on the marketing side um
- 16:06so if you are an agent at EXP
- 16:09Taryn and I would like to talk to you
- 16:12and discuss the co sponsorship setup
- 16:14what you get right away by agreeing to partner
- 16:17as well as how this will look
- 16:18and how you have access to us for closing calls and
- 16:21and all the training that's gonna go along with that
- 16:24if you're an agent that's not a d X P
- 16:26co sponsorship is not you know 100% in your
- 16:30your wheelhouse right now
- 16:33directly connect with Taryn King
- 16:35she will
- 16:36talk to you all about the land and ranch stuff
- 16:38and all about being a part of that organization
- 16:41that she's growing um
- 16:42but yeah we will put the links below
- 16:45co sponsorship link for EXP
- 16:47and Wolfpack Discovery call uh
- 16:49with Taryn below so Taryn
- 16:51you got any final words this is a pretty exciting time
- 16:53and I'm really excited to see your organization grow
- 16:57and and I know how much work you've put in
- 16:59on the land and ranch side
- 17:01and it's all coming together
- 17:02so any final words it is and I appreciate um
- 17:06like the you know my big why behind it right
- 17:09it's not like we're doing this just for
- 17:12the transactions and the cash behind it
- 17:14which is incredible opportunity um
- 17:16but there's also this heart and soul to everything I do
- 17:19right and if we can come together and really build
- 17:21build something massive and at a national level
- 17:24we have a real ability to help our industry
- 17:28whether that's cattle ranching farming
- 17:30horse properties or horse industry
- 17:32I think that's a big thing behind everything I I do
- 17:34and I wanna make sure that that's
- 17:36you know understood
- 17:37that we're doing this to help the industry as a whole
- 17:39because ma'am no ranch no riding
- 17:43there you go and
- 17:44and the ultimate truth is
- 17:46EXP is the same way with real estate right
- 17:48if if you're not passionate about something
- 17:50it's really hard to sell it
- 17:52it's really hard to talk about it
- 17:54we don't have to sell EXP
- 17:55we don't have to sell land and ranch division at EXP
- 17:59because we're so passionate about helping agents
- 18:01find that balance
- 18:03and find that absolute niche to grow their business
- 18:06and have ultimate impact on their families
- 18:09so if you have any questions
- 18:10please reach out we'll put the links below
- 18:12happy to chat with you guys soon
- 18:14and this is all about co sponsorship and Landon Ranch
- 18:17so let's go