In this episode of the Hyperfast Show, Dan Lesniak shares his extensive experience on building a successful real estate team, drawing from over a decade of firsthand practice alongside Keri Shull, and assisting others globally. He begins by stressing the importance of understanding the 'why' behind forming a team, cautioning that it involves a shift to different kinds of work rather than a reduction in workload. Dan outlines two primary team models: the traditional model where the team leader generates leads and supports agents in exchange for higher commission splits, and a more recent model suited for brokerages like eXp Realty, which focuses on training and support while agents generate their own leads, benefiting from a revenue share model. He emphasizes the critical step of building a strong administrative foundation before recruiting agents, to ensure the team's scalability and efficiency. The episode delves into the strategic growth of a team, the potential need for higher-level management roles as the team expands, and the advantages of aligning with a revenue share brokerage for long-term stability and growth. Dan concludes by offering insights into partnering with him and Keri at eXp Realty, highlighting the benefits of their coaching, training, and support in building a team and enhancing passive income.
If you are ready to join eXp realty and would like Dan Lesniak and Keri Shull to personally sponsor you so you have access to two nationally recognized coaching programs text 703-638-4393.
Join Dan as he discusses:
- The foundational steps for building a successful real estate team, emphasizing the importance of understanding the 'why' and the commitment it entails, moving beyond just personal sales to managing and supporting a team.
-The two primary models for real estate teams: the traditional lead-generating model and a more recent model that focuses on agent autonomy with support, training, and a revenue share structure, particularly beneficial in brokerages like eXp Realty.
-The critical need for a strong administrative foundation before agent recruitment, the strategic growth and management of the team, and the advantages of building within a revenue share model for long-term stability and expansion.
WANT TO GET ACCESS TO ALL OUR HYPERFAST AGENT COURSES FOR A $1 TRIAL?
Click here for a trial membership in the Our Inner Circle.
KEEP UP WITH US HERE
Website: https://hyperfastagent.com
Instagram: https://www.instagram.com/HyperFastAgent/
Facebook: https://www.facebook.com/HyperFastAgent/
Twitter: https://www.twitter.com/hyperfastagent
LinkedIn: https://www.linkedin.com/company/hyperlocal-hyperfast/
OUR OTHER EXCLUSIVE YOUTUBE CHANNELS
The Keri Shull Team: https://youtube.com/kerishullteam
Dan Lesniak - https://www.youtube.com/danlesniak
THE BOOK THAT HELPED 10K+ REALTORS
https://amzn.to/2Mkm9Jp
GET DAN'S BEST SELLING BOOK FREE
https://bit.ly/3dbiH3q
INTERESTED IN TAKING YOUR REAL ESTATE BUSINESS TO THE NEXT LEVEL?
https://bit.ly/3eLG97Z
Mastering the Market: The Four C's of Real Estate Offers
Mastering the Art of the Offer: 12 Steps to Success
Mastering Open Houses: A Guide to Increasing Your Real Estate Sales
Conquering Call Reluctance: Boost Your Real Estate Income
How to Use the Phone to Make Six Figure Gains
Elevating Luxury Real Estate: Inside EXP's Exclusive Division
From Target to Top Realtor: Jason Cheperdak's 9 Figure Sales Journey
From Pharma to Real Estate Powerhouse: Beth Matthews' Journey
What the NAR Settlement Means for Brokerages
The NAR Settlement and Future of Buyer Agency with Dan Lesniak
Choosing Your Guide: The Essential Questions for Selecting a Real Estate Coach
Auditing Your Real Estate Business with Dan Lesniak
Keri Shull and Karl Svendsen on Partnerships that Create More Deals
Mastering Client Confidence: The Keri Shull Playbook
How Anyone Can Master the Real Estate Game
Top Agent Secrets with Keith James, Chris Perry, Nikki Lagouros and Carolyn Young
Mastering Marketing Fundamentals with Michael Rivero
Building Beyond Boundaries with Andrew Perrie
Working with First Time Home Buyers
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money