How To Sell 125 homes a year!
22:45
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@virginiaball1094
@virginiaball1094 4 күн бұрын
Are the postcards already included with crm service or would we have a pay an additional fee?
@georgevujadinovic
@georgevujadinovic 7 күн бұрын
I just don't understand how none of these videos are fully transparent. No one is talking about adjustments on the revenue share. You can make "up to 5%"a capping agent, which doesn't mean you will make that. Real revenue share caps at 60%. EXP used to have a buffer a.k.a. adjustment as well, but they removed that in order to be more transparent. REAL is definitely better option than most old-fashioned brokerages, but it still doesn't beat EXP when it comes to revenue share.
@next-genagents7731
@next-genagents7731 5 күн бұрын
Hey George, not sure what you mean about not being transparent. REAL is very transparent about revenue share, in fact, I talk about how REAL will give back 60% of it's monthly revenue compared to only 50% from other companies all the time. Also, eXp still has a revenue cap, it's set to 50% of monthly revenue and because of this the amount of rev share you get per agent changes every single month. This video is several years old....I have more up to date videos I have made this year which break down many changes REAL has made over the years including true willable revenue share and their revenue share retirement plan.
@sarahoswaldbrokerassociate3872
@sarahoswaldbrokerassociate3872 7 күн бұрын
You make me feel proud of eXp family. You care!!!
@marisajensenrealestate
@marisajensenrealestate 7 күн бұрын
Hello to my new sponsor. I just signed up and named you as my sponsor. Thank you so much for all the informative videos. Because of this I feel confident I made an amazing decision to switch to REAL.
@next-genagents7731
@next-genagents7731 5 күн бұрын
Hi Marisa! Thanks so much for naming me as your sponsor! Feel free to reach out anytime if you have questions or need help in the onboarding process.
@JoshuaSifuentes-d9g
@JoshuaSifuentes-d9g 7 күн бұрын
Jackson Angela Lee Karen Lewis Susan
@albundy3929
@albundy3929 8 күн бұрын
referral fee for mortgage on the house that you represent as an agent? again, not cool. and doj and ketchmark et al are grinning ear to ear.
@albundy3929
@albundy3929 8 күн бұрын
whata are downsides of the real private label for independents joining?
@next-genagents7731
@next-genagents7731 8 күн бұрын
No real downside, you still have access to all of REALs benefits if you choose to go that rout.
@albundy3929
@albundy3929 8 күн бұрын
isn't there a DOJ title lawsuit against the title company in DC and the agents who did the joint venture relationship because of RESPA? i don't why agents do this because it just gives the industry a bad reputation ven if technically it is legal and they win the DOJ lawsuit. morally it isn't a good look to recommend a service that you get a profit from especially in the home purchase industry.
@next-genagents7731
@next-genagents7731 8 күн бұрын
I agree that you have to be careful with it. Join venture with a title company is very common practice though, agents just need to make sure they fully disclose they have ownership in the company. I've read some of these disclosures and many clearly state that the buyer is able to choose any title company they want to. Some even give other recommendations. In my experience, the buyers don't typically care either way.
@albundy3929
@albundy3929 7 күн бұрын
@@next-genagents7731 why don’t they care? Because they have no clue and they rely on the fiduciary to give them the most unbiased advice. Not only is that advice not unbiased, it also is a profit center for the agent. Why take the risk? As mentioned, there is a DOJ case in DC against the JV title scheme. Overall, it just gives agents a bad look, if not worse.
@BruiserZombyZone
@BruiserZombyZone 9 күн бұрын
For people that signed on prior to all the fee changes are they grandfathered into the old payment structure or are they required to pay the new fees too? Just curious as I could join now and it go higher later and that would be valuable information to know. Thanks!
@next-genagents7731
@next-genagents7731 8 күн бұрын
no, the changes are company wide. I've been here almost 4 years and this is the only time they have ever adjusted their fees, so I would not expect them to do this again for a long time. A big reason they had to was just inflation, we have seen the value of the dollar drop alot the last 4 years and all companies have had to adjust their fees accordingly.
@ThatRealtor_Xavier
@ThatRealtor_Xavier 11 күн бұрын
Sharran is the GOAT !!!
@breunnalewis5226
@breunnalewis5226 13 күн бұрын
Hey could you make video about agents who may want to expand to Canada or how the company operates with new Mortgage brokers with this company how will new mortgage officers grow? Or is it different? How does the process work for new mortgage officers with the real company in the USA and Canada?
@next-genagents7731
@next-genagents7731 12 күн бұрын
great idea!
@MarvinOrieh
@MarvinOrieh 13 күн бұрын
This is so good! Thank you Malcolm!
@gregjennings2072
@gregjennings2072 14 күн бұрын
Very informative, thank you guys
@craigdavis8858
@craigdavis8858 18 күн бұрын
Thanks for all of your videos. I will be taking my pre license class in a few weeks. I am leaning heavily towards Real Brokerage to work with. Keep up the good work. May you have continued success.
@Jantellebonner.realtor
@Jantellebonner.realtor 18 күн бұрын
Thanks for the video. If you’re a solo agent I believe each state has Regus that you can go to to print marketing materials, is that correct?
@next-genagents7731
@next-genagents7731 18 күн бұрын
no, we don't have a partnership with Regus.
@Feeysah
@Feeysah 19 күн бұрын
You both are in Annapolis, MD? I’m in Annapolis too. I’m torn between signing up with Real vs EXP as a newly licensed agent. I’m trying to set myself up for success and also minimize high fees and dues without closing any transactions yet.
@next-genagents7731
@next-genagents7731 19 күн бұрын
Yes, we are both in Annapolis. I'd be happy to talk more. Shoot me an email at [email protected]
@Feeysah
@Feeysah 19 күн бұрын
Just did
@ivanofregonese
@ivanofregonese 19 күн бұрын
Thanks Malcolm and Dan, much appreciated
@movingtophx
@movingtophx 22 күн бұрын
Will you be doing a blog posts showing the difference between Real, eXp, and Epique?
@next-genagents7731
@next-genagents7731 19 күн бұрын
yeah, I want to, at some point. Those post are alot of work lol
@timwoolery7854
@timwoolery7854 24 күн бұрын
Great video, I was with eXp previously and didn't get the model at first. Real is a better version of this. I absolutely have to buy this stock. It's going to go above $20 per share easily!
@next-genagents7731
@next-genagents7731 23 күн бұрын
I think so too!
@Christimony222
@Christimony222 24 күн бұрын
Hi! I heard you mentioned Annapolis, Maryland. I am in Bowie, MD. Currently not licensed. But, I will be within the next 60 days. I was going with EXP but then I saw this video and learned about REAL. I would love to learn about the Maryland resources (if you happen to live here and already know about them). I am planning to be a commercial real estate agent who specializes in luxury apartment buildings. But, I just now heard in the video the mention about how REAL does not have commercial, currently. Is it not normal for a new agent to do commercial? Is it recommended to start residential? My mom works at Sampson Properties and has been a residential agent for 22 years.
@Christimony222
@Christimony222 24 күн бұрын
Hi! I heard you mentioned Annapolis, Maryland. I am in Bowie, MD. Currently not licensed. But, I will be within the next 60 days. I was going with EXP but then I saw this video and learned about REAL. I would love to learn about the Maryland resources (if you happen to live here and already know about them). I am planning to be a commercial real estate agent who specializes in luxury apartment buildings.
@next-genagents7731
@next-genagents7731 23 күн бұрын
Yea, I'm in Annapolis and now many Maryland REAL agents. Shoot me an email and we can talk more [email protected]
@Christimony222
@Christimony222 24 күн бұрын
the most helpful video on youtube.
@queenniqco7548
@queenniqco7548 25 күн бұрын
Is commercial a separate entity and do they charge fees for these transactions.
@next-genagents7731
@next-genagents7731 23 күн бұрын
You can do commercial at REAL. We don't have an officially commercial division yet, but that is coming.
@joelkabs2521
@joelkabs2521 26 күн бұрын
Thank you very much for your informative videos. Just want to correct one part. Their mortgage and title businesses are tiny and don’t add much to their bottom line. Besides, I’m not sure they’re profitable at all
@next-genagents7731
@next-genagents7731 23 күн бұрын
Right now, yes, Both are maybe only available in 20% of the country and are quickly growing. Once both are available in all 50 states, probably in the next 12 months, then I think they will contribute a larger portion of the revenue.
@tothemooncollective
@tothemooncollective 27 күн бұрын
haven't even watched yet, i just love the thumbnail
@next-genagents7731
@next-genagents7731 26 күн бұрын
appreciate it, I like this one as well.
@MrWarrenCounty
@MrWarrenCounty Ай бұрын
I have been looking into real for the last week and wanted to know how the actual transaction takes place, from processing paperwork to contract. I am new to real estate and wanted to see how well they handle the documents and time management when it comes to contracts. Again, I can't find this with EXP either, so I wanted to know if you could provide insight on this area. Thank you for the videos!
@next-genagents7731
@next-genagents7731 Ай бұрын
Great question, if you watch this video here, I go over the software that we use here at REAL, including our transaction management software kzbin.info/www/bejne/p6OWgZSMYrKDr5Ysi=Fyi9qdTdDvu1uo08 i'd say the best thing to do so schedule a video call with my partner who works with newer agents, he can share his screen and show you what the process looks like. Just use the link in my description to schedule a call and it will route you to him.
@Houstonbeach
@Houstonbeach Ай бұрын
Hi Malcolm. I remember you said Real offers Mentorship program now. I was just wondering what’s the split? The other company charge 60/40 the first 3 transactions. I was thinking about going with them but 60/40 is rough.
@next-genagents7731
@next-genagents7731 Ай бұрын
60/40 is rough. The great thing about our model is the mentor get's to choose what % to charge and you get to pick which mentor you want to work with. So some charge 80/10 while others charge 60/40.
@ladiejae86
@ladiejae86 Ай бұрын
I’m stuck between these two 😩 as a brand new (have not taken the test yet) agent… is Real a good fit? (Also AD)
@ladiejae86
@ladiejae86 Ай бұрын
Is cloud base still not the best fit for new agents? I’m in MD studying for the exam.
@next-genagents7731
@next-genagents7731 Ай бұрын
What part of Maryland? I think that now it can be! REAL has some of the best training in the industry at this point. We also have a mentorship program agents can opt into and I can help connect you with a local co-sponsor who can help you get established.
@ladiejae86
@ladiejae86 Ай бұрын
@@next-genagents7731 I am right outside of JBA. We are a military family, PCS'd here last November.
@next-genagents7731
@next-genagents7731 Ай бұрын
Oh cool, I was stationed at Andrews for 5 years when I was in the Air Force. If you are interested in hopping on a video call to talk more about REAL and see if it's a good fit, shoot me an email [email protected]
@albertbaez2059
@albertbaez2059 Ай бұрын
You said Real is profitable? Also no debt ?? 🤔 that would be impressive if true! 👀
@next-genagents7731
@next-genagents7731 Ай бұрын
it's true. We reached EBIDA profitability in 2023 and we have maintained it for a full year. We do have competitors who put out misinformation, but this is something you can google.
@joelkabs2521
@joelkabs2521 26 күн бұрын
⁠@@next-genagents7731That’s only using EBITDA and even then just barely
@teamvia
@teamvia Ай бұрын
Great video! I am curious how your REAL vs eXp rev share would differ now that REAL changed Tier 1 to be 4 agents before Tier 2 opened up.
@next-genagents7731
@next-genagents7731 Ай бұрын
yeah, it made our rev share program even better with that change! Now, eXp has also changed their rev share program a good bit as well so looks like I do need to update this system.
@30aGameChanger
@30aGameChanger Ай бұрын
Wow this video is so informative and I thank you for sharing!!
@samanthahammondsrealtor
@samanthahammondsrealtor Ай бұрын
32:38 that rev share is awful.. it goes down year over year from the person whose been there?
@samanthahammondsrealtor
@samanthahammondsrealtor Ай бұрын
Okay, listening to Ian talk, I had to go check my playback speed to slow it down … because I thought I left it on 1.5x speed… nope it was at normal speed already 🤣
@GODxFAMILYxRealEstate
@GODxFAMILYxRealEstate Ай бұрын
I Was interested in real until I heard no commercial division I’m out.
@next-genagents7731
@next-genagents7731 Ай бұрын
You can still sell commercial properties, we just don't have an official division yet, it's coming though.
@SamanthaH
@SamanthaH Ай бұрын
19:24 on Will revenue share, say the person that you will it to decides to get the real estate license and join real at some point could they essentially take your place and begin building even more on that same share line
@next-genagents7731
@next-genagents7731 Ай бұрын
I don't believe we have that worked into the plan just yet, although I could see the benefits of that. It's not a bad idea, Im willing to bet leadership would be open to that.
@SamanthaH
@SamanthaH Ай бұрын
I think IG stories are where it at. I think people scroll their stories for their followers and when they scroll the feed it’s usually suggested content
@next-genagents7731
@next-genagents7731 Ай бұрын
Good insights!
@Houstonbeach
@Houstonbeach Ай бұрын
Hi, I’m about to get my license. Does Real Broker have a mentorship program if I join? I’m in Houston by the way.
@next-genagents7731
@next-genagents7731 Ай бұрын
yes, actually, we do!
@Houstonbeach
@Houstonbeach Ай бұрын
@@next-genagents7731 Exp charge a 60/40 split for the first 3 transactions. Whats The split at Real for the mentorship program?
@Houstonbeach
@Houstonbeach Ай бұрын
@@next-genagents7731 what’s the split? Exp is charging 60/40
@Houstonbeach
@Houstonbeach Ай бұрын
@@next-genagents7731 what’s the split 60/40?
@Houstonbeach
@Houstonbeach Ай бұрын
@@next-genagents7731 60/40 split?
@JohnDietz-w6c
@JohnDietz-w6c Ай бұрын
5% - 4% - 3% - 2% - 1% = 15% on a 85/15 split means the company is paying out 100% of the money they collect. VERY MISLEADING!
@next-genagents7731
@next-genagents7731 Ай бұрын
that's correct, we will pay out up to 100% of our revenue back to the agents. However, you do need to unlock the benefits of each tier, and most agents do not have all 5 tiers unlocked which is how REAL remains profitable.
@FernandoDeJesusPonce
@FernandoDeJesusPonce 2 ай бұрын
I just became licensed, interviews both Exp and REAL. Very though decisión but I’ve leaned with REAL 🙌
@tothemooncollective
@tothemooncollective 2 ай бұрын
Loved this! This is such a powerhouse leadership team
@lancenielsenofficial
@lancenielsenofficial 2 ай бұрын
Operating in Canada is always more expensive.
@mnarlis
@mnarlis 2 ай бұрын
I have never seen so many top agents leaving EXP do you know why? I heard from one top producer who just left with his huge team because EXP was telling him how to advertise and had to take down a lot of his marketing.
@next-genagents7731
@next-genagents7731 2 ай бұрын
I do know alot of top eXp agents who have left to join REAL, I'd be happy to talk to you more about the reasons I have heard privately. Are you open to hopping on a video call to talk more?
@scotbrothers
@scotbrothers 2 ай бұрын
$129 per deal transaction fee after you already paid $12,000 and $285 transaction fee until "elite" status. For a team doing 500+ deals a year that is crazy
@next-genagents7731
@next-genagents7731 2 ай бұрын
Crazy low?
@rajaji9155
@rajaji9155 2 ай бұрын
Hey Malcolm, I am a Realtor from India and I live in India. Can I work as a Real Referral Agent?? My Agency generate US Real Estate Leads..
@next-genagents7731
@next-genagents7731 2 ай бұрын
You would have to be a licensed real estate agent in the US or Canada.
@JacksonvilleFloridaCommunities
@JacksonvilleFloridaCommunities 2 ай бұрын
Thanks for your video! Do team agents (1/2 capping) count as a full agent on your first tier or are they considered 1/2 an agent for unlocking tier 2?
@next-genagents7731
@next-genagents7731 2 ай бұрын
they are counted as 1 full agent for the purpose of unlocking tiers. I'd be happy to talk to you more, are you open to hopping on a video call?
@JacksonvilleFloridaCommunities
@JacksonvilleFloridaCommunities 2 ай бұрын
@@next-genagents7731 Thanks! I'm already with Real Broker. I appreciate the info
@autumnrawls3607
@autumnrawls3607 2 ай бұрын
The yearly $750 a year fee.. what if you don’t have a single transaction one year. Do you still pay $750 or only if you produce?
@next-genagents7731
@next-genagents7731 2 ай бұрын
no, you don't. You only pay it if you have closings.
@JessieTheAgent
@JessieTheAgent 2 ай бұрын
So happy to find this video and Ian! Going to give you both a follow to learn more.
@autumnrawls3607
@autumnrawls3607 2 ай бұрын
Does you sponsors need to be in your same state? I don’t personally know anyone with real that I’ve spoke with.
@next-genagents7731
@next-genagents7731 2 ай бұрын
Nope. They can be in any state or even Canada. I'd be happy to sponsor you into the company. Let's schedule a video call and talk more.
@ReefDonkey
@ReefDonkey 2 ай бұрын
Excellent video !!!! I love that Alexis leaves the bloopers in there. Too many people want to make the perfect video. The fact is, we aren't perfect, and viewers can relate. Great job Alexis !!!!!!