Why So Many Agents MOVE To REAL Brokerage? Top 4 Factors To Consider
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- Опубліковано 24 лип 2024
- After careful consideration, I decided to make the switch from eXp Realty to Real Brokerage. It wasn't a hasty decision or a reflection of any dissatisfaction with eXp. Instead, it came down to aligning my business goals with the right platform.
Real Brokerage presented a compelling opportunity. Their compensation structure, with an 85/15 split and a tiny $12,000 cap, is undeniably attractive. Coupled with the absence of monthly fees, it provides a solid financial foundation. But it's not just about the money; their tech-forward approach resonated with me. The Rezen app and Chime CRM offer a suite of tools that I believe will streamline my operations and enhance my client experience.
What truly sets Real Brokerage apart is their company culture. There's a strong emphasis on collaboration and sharing knowledge. I appreciate the open environment where agents are encouraged to support one another. The revenue share model is also a unique selling point. It fosters a sense of ownership and shared success within the brokerage.
Ultimately, I believe Real Brokerage provides the ideal platform for me to grow my business and achieve my professional goals. The combination of financial incentives, advanced technology, and a supportive community makes it the right fit for this next chapter.
Learn More About What REAL Broker Can Do For Your Real Estate Business. Book a Free Call With Me Here:calendar.app.google/uoLVHsgdr...
Timestamps:
Introduction (0:00 - 1:02)
Why eXp Was Not for me or my agent partners (1:02 - 3:08)
What is Real Brokerage and why did you switch (3:08 - 5:12)
Compensation package at Real Brokerage (5:12 - 7:01)
Fees at Real Brokerage (7:01 - 8:12)
Training at Real Brokerage compared to other brokerages (8:12 - 10:22)
Technology at Real Brokerage (10:22 - 11:22)
Revenue share and co-sponsorship at Real Brokerage (11:22 - 12:12)
Last thoughts (12:12 - 12:21)
Learn More About What REAL Broker Can Do For Your Real Estate Business. Book a Free Call With Me Here:calendar.app.google/uoLVHsgdrYXr2x2y7
This was one of the better “explained” that I’ve seen. Really well done man.
Thank you Matt!! Means a lot coming from you champ. It’s really a no brainer for the majority of agents.
Thank you for the information
You bet! Let me know if you need any further questions answered.
Happy to have you aboard bro 💯💪🏾💪🏾
My bro!!!! Keep crushing it.
Thanks for your explaining…! I will have an interview with Real soon! 😊🤗
I’m happy to share my story and talk about your goals whenever you are ready. Just book a call using the link below. Congrats in advance.
I’m sold! Meeting with local REAL office here in Vegas this week
Thank you for this, Marvin! I feel like I’m making the right decision
I truly believe so man! I’d be happy to help facilitate the best team in Vegas to connect with and co-sponsor with whomever you choose. Just let me know. Email me at info@marvinorieh.com
Great info!
Thank you for watching! I’m here if you have any questions.
Great explanation, thanks for breaking it down! Does Real allow you to create to keep your brand, and be brokered by them?
Absolutely. They even offer something completely new called the “private label” program for independent brokerages where you run your brand completely as a stand alone entity with REAL as the chassis in the background but it’s state specific. I look forward to connecting!
This has been really insightful. Definetly gives more opportunities and room for growth as a new agent
Absolutely! Culture is everything!
Love it!!!
Thank you for watching champ! Look into it. Lots of agents are making the move because of the culture here.
good explanation. my only concern about real is financial. I've been following their quarterly reports and they're consistently operating at a net income loss. Are you familiar with LPT or Epique? What do you think of these companies?
Great question. As a Wall Street guy, I would consider Real still in growth phase which usually comes with operating at a loss for a few years. But what I love about being here is so much of their software is proprietary, and they, in addition to that technology, are getting ready to drop a new wallet/credit card feature for agents that is something that has not been done from any brokerage. The ability as an agent to borrow against future income based on forecasted models of revenue share that’s expected is a Gamechanger.
I am familiar with those other companies you mentioned and explored their model as well. LPT is not publicly traded so the stock they offer would only as valuable as the available market to purchase it, which is nowhere at this stage and Epique in my opinion, doesn’t have a national presence, and I don’t believe their stock if they offer it is publicly traded either.
so the categories I love about Real is the culture, technology,economics,and opportunity (since it’s in growth phase) there may be a company out there that can beat Real in one or two of those categories but no one can beat Real in all four so it was a no-brainer. Hope that helps. Let me know if you have any other questions.
How does the REAL help dual-career agents? I'm available after 3 pm M-F and weekends off. I can also do some virtual training by zoom during the week if my schedule allows. How does this brokerage prepare new agents that work part-time for success? I'm having a difficult time getting mentorship and shadowing an experienced agent on listing appointments and just overall processes to establish business.
Fantastic question! Your timeframe of availability is typically when the majority of buyers who also work full-time jobs are available. The great thing about this brokerage is you will have a quasi team that will support you if you ever have a client that you need to do a showing for while you are at work. Many of our agents are also dual career, so the fact that this brokerage is not only virtual, but has strategies for all types of agents locally puts us all in position to win. And the economics here are ideal for dual career folks since it’s no monthly fees.
Your speed of growth may of course be a little slower than someone that does real estate full-time but the great thing is that you will build an income stream slow and steady so once you build up your part-time income stream from real estate to the point where it replaces your full-time income, you will be able to transition with ease. I’m happy to hop on a call to talk about that because I have many agent partners in Houston. Email me at info@marvinorieh.com to discuss further.
@@MarvinOrieh Thank you for responding. I just sent you an email. I would definitely wan to speak to an agent that is dual career in Houston too.
Marvin, This is what I needed to hear. I am looking at moving from a Brick and Mortar. Can you reach out to me?
Absolutely would be happy to chat Marty. Let’s button down a time using this link:calendly.com/iammarvintherealtor/consultation?month=2023-09
What if you are currently using Lofty and you move to Real what will lofty do with your previous contact? Do you think they will adjust the billing ?
Great question!, that’s exactly what I’ve heard from other agents. Because it’s only $40 here with Real. When you are ready let’s hop on a call so I can gather more details for you. Here’s my calender link:calendar.app.google/uoLVHsgdrYXr2x2y7
I have my license but haven’t “hung it” since last year. Is Real a great place to have my license hanging just to work as a referral agent and to make personal investment purchases?
Great question. You can do exactly that in most states and now not have to worry about the monthly overhead of fees and you also get a few personal deals commission split free per year. It’s the perfect solution for active full time agents and those that want to hang thier license and not have to join a board if you don’t want to.
If you decide to do that I’m happy to help you with the process as your sponsor if it makes sense
@@MarvinOrieh great! If I decided to sign up, would there be an area in which I enter your name or Dre #?
@@mbelmana yep just plug my first and last name in the sponsor section and my email address info @ marvinorieh com on the join app here:www.onereal.com/pages/join-real
Great video and even better click bait title. Def got me to click and watch.
Thanks for watching 🤜🏾🤛🏽
How do i connect. Im currently leaving my brokerage. New agent based in Atlanta, Ga
Let’s talk asap email me info @ marvinorieh .com
Hello Marvin
I’m ready to switch man. Myself with exp as well
Let’s book a time to chat asap:calendly.com/iammarvintherealtor/consultation?month=2023-09
Hello Marvin
I already connected with Kimberly Magee. But looking forward to to see if real is a good fit
@@liesafleming-lnmrealtyllc-9131 awesome. Kim’s great. It’s been awesome here and the most pleasant place to hang my license since I’ve been in the industry. Everyone here is truly like family and extremely helpful and supportive regardless of whether they sponsor you directly or not.
Thanks so much ❤
How is real if you want to be a solo agent and run tyour own business
It’s honestly a great fit because I run multiple businesses as well and when I need anything as a solo agent my questions are answered lightning fast. I’m happy to chat with you in more detail. No obligation to do anything. Email me (info @ marvinorieh. Com) or click my calendly link in the video discription to book a time that works for you.
EVERY agent is moving to REAL?
Pretty much😃 thanks for watching.