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
Doing 125 Deals via Content Marketing—with Amit Bhuta
Effective Public Speaking Through Charisma Hacking — With McCall Jones
Get Paid More By Becoming More Valuable—With Brandon Thornhill
Investing in Multifamily Real Estate - with Veena Jetti
Escaping the Nine-to-Five Forever — with Dustin Heiner
Secrets to Infinite Wealth with Anthony Faso and Cameron Christiansen
Chris Larsen’s Path to Financial Independence Through Real Estate Investing
Jason Reichl Talks Following Lead Breadcrumbs
The Opportunity in Self-Storage Spaces - With Scott Krone
The Long-Term Benefits of Good PR - With Dr. Jay Feldman
How to Raise Capital When You’re Starting Out – With Dave Dubeau
Stefanie Peters Talks Creating Residual Income Through Real Estate Investment
People Buy From People - Humanizing Your Personal Brand with Caloni Michelle
Digital Storytelling to Attract Ideal Clients - With Sprout Connectors
Get ‘Dirt Rich’ With Land Deals – With Mark Podolsky
Will Penney on Engaging Through Facebook Groups
The First Million is the Hardest – With Carlos Reyes
Thinking Bigger When it Comes to Real Estate Investments – With Edna Keep
The Busy Agent’s Guide to Social Media Marketing – With Tessabella Jelten
Google Analytics for Real Estate – With Chris Mercer
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money