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Real Estate Team Models in 2024 with Dan Lesniak
Manage episode 402392621 series 3237066
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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.
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