Real Estate Team OS

017 Profitability Through Per-Agent Productivity with Jim Remley


Listen Later

Meet us at Unlock in November (use code TEAMOS for an extra 20% off your ticket): https://unlockconference.com


Episode 017 of Real Estate Team OS features Jim Remley, who coaches team leaders and brokerage owners on per-agent productivity and profitable growth.
 
He pioneered one of the first real estate teams in the late 80s and grew it to a 17-office company across Oregon. He later grew a 30-agent team to 250 agents. The keys to both successes: acquisitions, partnerships, and per-agent productivity.


Here, you’ll get telltale signs of an unprofitable real estate company, the best hire a team leader can make, and the simplest recruiting message you can offer.


Listen to Ep 017 with Jim for:
0:00 Intro and welcome
1:15 The balance of empathy and automation in “world-class service”
7:36 A team as a brokerage within a brokerage with specialized positions and why they'll absolutely be the dominant players” - responsible for 60-80% of GCI and challenging solo agents at scale
9:14 How the emerging “virtual team” model works and why it makes sense financially
14:25 “The best hire a team leader can make” and the value of coaching and mentorship for agents looking to invest and grow
16:48 A caution on building teams within teams (and a proposed way to do it effectively)
18:25 How a company he started at age 23 grew to 17 offices across Oregon (through acquisitions, partnerships, and recruiting)
20:02 The simplest recruiting message you can offer and how he leveraged it to grow two real estate businesses
23:46 The two ways they entered new markets as they expanded their business and a strategy to bring top performers into new offices
27:06 The per-agent productivity metric to pay attention to (and new data about it)
30:14 The telltale sign of a weak real estate company (and potential acquisition target)
33:18 The importance of listings for profitable growth and “the #1 place where listings will come from in 2024 without question”
35:30 A basic marketing strategy to speak to those 30 million people who’ll be listing over the next several years
38:20 How the Hawthorne Effect helps you recruit and retain productive agents - and the two things to hold them to (participation or performance)
40:59 The “magic words” of “How’s your pipeline?”
43:40 How to decide whether to leave sales production and the one role you have to figure out how to pay for when you do
46:56 Positive signs in the market and 4 top sources to find more stories and data 

50:30 At the end, learn about the power of a paper route, what he seeks at used book stores, and the travel goal he’s working toward at least 7-8 weeks per year.


Follow Jim Remley:
- https://www.instagram.com/erealestatecoach
- https://www.tiktok.com/@erealestatecoach


See Jim's News and Data Sources:
- Zillow research https://www.zillow.com/research/
- NAR Economists’ Outlook https://www.nar.realtor/blogs/economists-outlook
- Redfin News https://www.redfin.com/news/housing-market-news/
- KCM Blog https://www.keepingcurrentmatters.com/blog/

Learn more about eRealEstateCoach:
- http://erealestatecoach.com/
- https://linktr.ee/erealestatecoach

Learn more about Real Estate Team OS:
- https://www.realestateteamos.com
- https://linktr.ee/realestateteamos

Follow Real Estate Team OS:
- https://www.instagram.com/realestateteamos/
- https://www.tiktok.com/@realestateteamos

...more
View all episodesView all episodes
Download on the App Store

Real Estate Team OSBy Ethan Beute | Follow Up Boss

  • 5
  • 5
  • 5
  • 5
  • 5

5

20 ratings


More shows like Real Estate Team OS

View all
The Cardone Zone by Grant Cardone

The Cardone Zone

3,915 Listeners

Real Estate Rockstars Podcast by Aaron Amuchastegui

Real Estate Rockstars Podcast

880 Listeners

Real Estate Training & Coaching School by Tim & Julie Harris - Real Estate Coaches

Real Estate Training & Coaching School

686 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,798 Listeners

The Tom Ferry Podcast Experience by Tom Ferry

The Tom Ferry Podcast Experience

1,127 Listeners

It's a Good Life by Brian Buffini

It's a Good Life

2,529 Listeners

The ONE Thing by Keller Podcast Network

The ONE Thing

1,120 Listeners

Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents by D.J. Paris

Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents

271 Listeners

Massive Agent Podcast by Dustin Brohm

Massive Agent Podcast

335 Listeners

The Ninja Selling Podcast by Ninja Selling

The Ninja Selling Podcast

323 Listeners

Hustle Humbly Podcast by Alissa Jenkins & Katy Caldwell

Hustle Humbly Podcast

888 Listeners

Business School with Sharran Srivatsaa by Sharran Srivatsaa

Business School with Sharran Srivatsaa

92 Listeners

HousingWire Daily by HousingWire

HousingWire Daily

160 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,124 Listeners

The Millionaire Real Estate Agent | The MREA Podcast by Keller Podcast Network

The Millionaire Real Estate Agent | The MREA Podcast

366 Listeners