Society is moving from top-heavy business models to models with a lower barrier-to-entry that use technology to connect the provider and the clients. What does the new model look like? What major changes does it bring? How are these changes relevant to real estate? On this episode, Realtor and team owner, Wilco Ravestijn shares on these insights.

My experience as a broker was training agents to become really good, and then they leave. With this business model and new technology, there is every reason to stay and become wealthy! -Dr Hank

3 Things We Learned From This Episode

Agents can now acquire leads more easily using technology

Society is moving away from top heavy business models to companies like Uber that connect a passenger with a driver.This applies to real estate as well, where the agents are no longer dependent on their team member for leads but on technology.

Agent-centric model

The new business model allows agents get the benefits that brokers provide without the headaches. The model is similar to the Amazon model: you don’t need to have an office, as most of the work is done online.

Incentives and passive income can see more rapid growth

Agent attraction becomes a vital part of the business model. Each time you add an agent to the team, you get a commision when they make a sale.

The new business model no longer has geographic restrictions. Due to technology, you can connect with agents from other areas and ask them if they are interested in talking with a potential buyer. Most agents would love getting a call like that. You get to walk away with a referral fee and a relationship that can lead to a steady stream of revenue without any of the previous expenses.

Guest Bio

Wilco Ravestijn is the founder of Raven Property Solutions and the organizer of Agent Wealth Network. He started off as a football coach, and in less than 3 years after working as a realtor, he started his own company in Dallas.