Common questions
Everything people ask before they register, answered the way we'd answer at a kitchen table.
Absolutely. In fact, almost everyone who comes into the project is starting out part time. We teach you how to set client expectations and also how to leverage people and processes to simplify your transactions and save you time. We are really big on wanting to help you have a business that integrates with your real life and not take away from it. Keep in mind that any new venture is going to require you to get out of your comfort zone and add some time to learn and adapt, as a real business does take a time investment to grow.
You can make as much or as little as you want if you're willing to put in the work. Typically, whatever the sales price of a home is, you'll get a 3% gross commission for your work. If you'd like to do a little math, look at the average home price in the market you're in and you can reverse engineer it a bit to get an idea of how much you'd like to be at and what it would take in terms of the number of transactions. We have agents working 2-3 deals a year and just saying no to overtime, and we have others who have tripled their income as cops and are still growing. It'll be up to you.
The Ten7 Project as a nationwide team will cost you nothing. The costs you will incur will be getting your real estate license (pre-licensing course plus test fees), the cost of joining a local or national real estate association, and the initial start cost for a brokerage. What we have found in doing this for several years is that this ranges from $1,200 to $3,200 depending on the state, and regardless of where you're at, one transaction will typically put you in the black.
Find the "Get Access" button on any page, fill it out and follow the instructions. You should end up in our launch group where you'll be able to see the featured posts that welcome you to the group, get to know us, get a feel if this business or us as a team will be a good fit for you, and take any concrete next steps. This is very much an at-your-own-pace process. Some people dive right in, others have waited a while til something lights a fire in them.
Fair question! Outside of getting to help the people we love and respect most in life, the nature of the brokerage we are with (REAL Broker, LLC) has a revenue share model. Essentially, this means that when you close deals, the Broker rewards us with a share of the revenue out of the company's portion of the split, not your portion. Bottom line: the larger our team is, the more incentive we have to equip and encourage you to reach your goals. When we do that, everyone wins. This is at the heart of our value system: you can get what you want if you help enough other people get what they want.
We have a complete, proven system to help you become tactical agents, not traditional ones. Traditional agents are all about cold sales; tactical ones approach this business by building relationships. In our training (The Tactical Agent Academy) and our ongoing coaching, we show you how to connect with people, invest in the relationship, and ask for referrals at the right time and in the right way. If you don't like "sales," then you're in the right place.
It's not. Even if there are a lot of realtors, 87% of them quit before ever renewing their license because they take a traditional approach, get frustrated and leave. People like to do business with those that they know, like and trust. If you follow our process, you will stand apart quickly as a trustworthy resource for all things real estate and home ownership in your local market.
Since June of 2022, we have been with REAL Broker. REAL is a cloud based, publicly traded brokerage that offers unparalleled options for building wealth and a phenomenal support structure. Without the need to pay for brick and mortar, more money stays in the agents' pockets and the growth potential is staggering.
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