GRIT: The Real Estate Growth Mindset
Business
Matt Mick started his own real estate team with 5 to 6 agents. However, year after year, they noticed that their sales slowed down, with only minor growth. In order to go to the next phase of their business, they knew they needed a better way to manage things in their team. That’s when they decided to jump on with Sisu.
Today, Matt is the Team Lead at Lincoln Select Real Estate Group - Nebraska Realty. From doing 130 transactions a year, they are now aiming for 500 this year. And after finishing with $50M two years ago, their closings and under contracts are currently at $60M with 6 more months to go before this year ends.
In this episode, we talked about:
(03:10) What Matt’s business looked like before they had SISU
(04:44) What to love about having systems
(06:00) The key to doing more transactions without having to hire more agents
(06:44) The difference between hiring experienced agents vs. new agents
(07:20) What are some misconceptions about teams
(07:50) How important is transparency when it comes to commission splits with agents
(14:22) How to deal with ISAs who want to transition into the agent role
(18:00) Why do some team owners/leads prefer to select which agents get certain lead types
(18:42) What does an agent have to do to get into the lead rotation
(26:03) What are the 3-5 things that you absolutely must do to succeed as a new team owner
(32:23) One of the biggest challenges that a leader must face
(34:47) Why we must always keep learning
Episode 106: Protecting Culture At All Cost with Jack Lehr
Episode 105: How Each Decision Can Lead You Closer to Success with Daniel Dixon
Episode 104: From Being a Solo Agent to Running Multiple Brokerages with Vija Williams
Episode 103: From Having an Active Job to Having Passive Ownership of Everything with Jeff Cohn
Episode 102: Building a Business vs. Building a Practice with Bobby Moats and Erin Leff
Episode 101: How to Understand People Better Through Understanding Yourself First with Jon Cheplak
Episode 100 with Spring Bengtzen, CEO and Owner of the Utah Life Real Estate Group & Associate Broker at REAL Broker LLC
Episode 099 with Ty Voyles, Co-founder and CEO of Fulcrum Properties Group
Episode 098 with Gaurav Gambhir, Co-Founder and Owner at The Condo Shop / TCS MGT / Rentphilly.com / Mega Realty / Go Commercial and Partner at Keller Williams Center City
Episode 097 with Matt DeCoursey, CEO and Founder at Full Scale and Startup Hustle Founder and Host
Episode 096 with Kenny Truong, Founder and Team Leader at Fast Real Estate
Episode 095 with Sajag Patel, Founder and CEO of BOLD Real Estate Consultants
Episode 094 with Louie Hamner, Founder of Vanguard Title Insurance Agency, LLC
Episode 093 with Brett Jennings, Owner & Founder of Real Estate Experts
Episode 092 with Brandon Hedges, COO of Sierra Interactive
Episode 091 with Tyler Smith, CEO & Founder of Skyslope
Episode 090 with Ryan Flint, CEO and Principal of the Ryan Flint Team
Episode 089 with Josh Cunningham, CEO and Founder of rokrbox
Episode 088 with Joe Herrera, Owner/Partner at Joe Taylor Group
Episode 087 with Guy Gal, CEO and Co-Founder of Side Inc
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