😩 I wish I knew THIS when I started in real estate 12+ years ago 👇🏼 ❌ It would have saved me a ton of time, stress, and financial hardship Here it is: 💣 There are MANY ways to structure a successful real estate *business* 🤦🏻♂️ But, I thought that “success in real estate” ONLY looked like this… ❌ get real estate license ❌ sell a bunch of homes ❌ get my brokers license ❌ start my own brokerage Now look, that is one way to do it. But only ONE I then started to learn about “teams” Transitional sales teams looked even better because I could have all the financial upside and leverage of owning my own brokerage, without all the BS of owning my own brokerage 👏🏼 So that’s it, I’ll do a team then. Ohh wait, there are different ways to structure a team? COOL! I then learned that there are different types of teams. If you want leverage your can have a team that looks like this: ✅ Rainmaker team - one main producer who sells most of the homes, with some supporting agents and staff selling some. ✅ Collaboration (or Community) team - agents share overhead, office space, and branding but what you sell is yours. ✅ “The CEO Team” - team leader steps out of production and instead builds a sales team to sell all the homes. The leader/owner is not required to be involved. Business runs without them. But those are just the traditional sales teams. There’s more? YEP! There’s the type of team that I decided to build. 🔥 ✅ Revenue share team - leader can sell homes or step out of production. But they partner with other agents in a mentor/support role, and share in the revenue *from the brokerage’s cut* whenever homes are sold. So if no homes get sold, the team leader shares in no revenue. The team leader must provide value to help their agent partners sell a ton of homes and build businesses of their own. There’s no one right way. The answer is different for everyone. I chose the model that I have because I didn’t want to manage people and I didn’t want to have to have a commission split with my agents. Instead, I am only compensated when they are successful. ❓ Which business model sounds the best to you? LMK 👇🏼 #realestateagent #realtorlife #realtors #realestatebrokers