Congratulations on the brokerage - it's a big step. I clicked the link and read your story - it's very inspiring. I'm also an investor and I became an agent in 2012 and just moved to a new brokerage myself. Congrats on starting your own brokerage! I think you picked a great name - I'm no fan of the movie - but had no idea that the name was derived from it. As long as you are happy and it has meaning to you -

All the questions you had about growing a successful team, I was asking myself also - I spoke with other brokers who started out on their and heard a lot of the same things - spending too much time training new agents, thin profit margins, etc. I still wanted to build a team, but I was getting discouraged from the bleak outlook - and honestly not sure about wanting to get a brokers license and dealing with more continuing ed and extra responsibilities.

Then I found eXp Realty - a cloud based agent-owned brokerage that has a revenue sharing program. I wasn't thinking of leaving my broker at the time, but when I learned that you can earn revenue by recruiting other agents, it caught my attention. When I found out they give you shares stock when you close your first deal of the year, my ears perked up. When they said the commission was 80/20 with 16K cap and then 100% after that - I was pretty much sold on it. I could get all the advantages of building a team, without having to become a broker. Because eXp is a cloud based brokerage - they don't have any corporate offices, leases, building maintenance, and many of the other costs associated with brick and mortar businesses. This allows them to save millions of dollars a year that can be passed on to the agents in the form or revenue sharing and stock bonuses. Think of the difference between Blockbuster and Netflix - it only took 5 years for Netflix to usurp and shut down Blockbuster - the #1 video store. eXp is like the Netflix of real estate.

When I read your story - I saw that you are exactly the kind of broker who could really benefit from eXp - more so than me - you have a very high production and as you build your new team, you'd be awarded stock as each new member joined and made their first deal. You could still sell desk space and eXp has over 20 hours every week that your new hires could attend so you don't have to spend your time training.

They provide all agents with Kunversion( now called KbCORE) or CINC as their lead generating CRM on the back-end of the website to funnel leads from - it's a whole package and it blows me away that a program like this exists. They had 1,400 agent a year and a half ago and now they have over 14,000 agents - and it's no secret why they are growing so fast.

In any case - it probably sounds like I'm trying to recruit you and if we are being honest - then yes - I am - but it's only after reading about your new office and your internal questions about growing your business that it occured to me to reach out to you with this. And to be fair - you asked first

" Can you Make Money with a Real Estate Brokerage?"

to which I have a resounding YES - yes you CAN!

Please do both of us a favor and watch the following quick 6 minute video and let me know what your first impressions are. I plan to start recruiting more agents to my team so I would love to get some honest feedback from others - it'll help me to know what objections agents and brokers might have and will help me to overcome them.