Welcome to the HyperFast Agent Podcast with Billion Dollar Real Estate Agents Dan Lesniak and Keri Shull, who are top sponsors at eXp Realty. Ready to become an eXp Realty agent with Keri and Dan? Go to https://whylibertas.com/dan or text Dan directly at 703-638-4393.

On this episode of the HyperFast Agent podcast, host Dan Lesniak reviews some big changes at Zillow reported last week by Mike Delprete. Zillow over the last few years has been pushing the Zillow Flex program and increasing the percentage of the commission they take from agents. The rate will now be as high as 40%. 

Join Host Dan Lesniak as he discusses…

-Zillow’s change from paid leads to getting a referral commission

-How poor lead conversion by agents  led to Zillow building out an Inside Sales Department

-The implications for agents working on teams, in particular teams at uncapped brokerages.

-Will Real Estate Agents be content with working for as little as 25% of the commission.

-Why you should develop your own lead generation and conversion systems.

QUOTES TO SHARE

💬 “Zillow Flex is a result of poor conversion by Real Estate Agents” - Dan Lesniak

💬 “Real Estate agents on Zillow Flex Teams at uncapped brokerages will be work for as little as 25% of the commission” - Dan Lesniak

💬 “It’s never been more important than to to have lead generation, follow up and conversion systems” - Dan Lesniak

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