Leading the Pack: Jim Remley's Coaching Vlog for Brokerage Excellence

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Revealed: The REAL Reason Agents Join your Brokerage (Hint: It’s NOT Commissions)

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If you're a brokerage owner or team leader, what's the number one reason someone would join your firm?

Often, when I talk to brokerage leaders, they say it’s all about commissions—that’s the driving factor.

But that’s not true. We need to move away from that outdated thinking.

What really drives agents to join a company or team is the potential to close more transactions.

It’s about transaction count, not commissions.

So, how do you build a company or team that focuses on generating leads and helping agents develop leads on their own? Your goal should be to increase each agent’s transaction count, making them one of the highest-performing in your market area.

Here’s an interesting statistic that might surprise you: 50% of all agents in America closed one deal or less last year.

Even if those agents are getting a high commission on that one deal, it’s not enough to support their families. They’re struggling and barely staying in...

How to Stand Out and Attract Top Agents with the “Unique Genius” Method

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Here's an interesting question I was asked recently:

What is your unique genius in the real estate industry?

If you're a brokerage owner or team leader, I really want you to think about this. What's your unique genius? What sets you apart? What are you exceptionally good at? That specific thing is what you should lean into when it comes to recruiting and building your company.

Maybe you're great at investments and have built a large investment portfolio. Maybe marketing or social media is your strong suit. Perhaps you're an expert negotiator or a fantastic listing agent. Whatever it is, figure out your unique genius in this market and industry.

Then ask yourself: How can you leverage that strength to inspire others to join you?

What you're doing is creating a category of one—something you're so good at and so different in that people want to model it. This helps you create what Seth Godin calls the "purple cow." A purple cow is someone doing something completely different from...

How to Attract Top Agents to Your Brokerage: The Vision-Driven Strategy for Real Estate Success

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How many agents have contacted you—called, texted, emailed—in the last 30 days to say they want to work for you? If that number is four or five, or even more, congratulations! You're in a position where you're attracting agents to your company. That’s a rare position to be in, and not many offices can say the same.

But if you're not attracting a lot of people, the question becomes: why not? There could be many reasons, but the number one thing we need to focus on is building a company that is attractive.

It sounds simple, but it's not. There are many factors involved. Agent productivity, the training and education you offer, and how your company appears from the outside all matter.

Do you have a great culture?
Are your agents engaged in the community?
Is your company active on social media?
Do you have a YouTube channel?
Do you have a great office environment?

Being a visible leader in the MLS and the market helps too. Your agents should be out there, talking...

Stop Wasting Time on New Agents: The Secret to Recruiting Top Producers Revealed

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Want to know the number one mistake new brokerage owners and team leaders make?

Focusing on recruiting new agents.

When we enter this industry, we often have an ego, thinking we can coach and train people to be super successful. We have a passion for training and coaching, which leads us to believe we should direct that passion towards new agents.

But here's the problem:

There's an 87% attrition rate in our industry.

This means almost nine out of ten new agents you recruit will fail. You might think you can change that, but this number has been consistent over the last 30 years. It doesn't matter how good a coach or trainer you are, how good your brand, systems, CRM, website, or lead generation are. It's about what the new agents implement. No matter how good we are as mentors, some of them just won't take action.

All that being said, we were all new agents once. But those of us watching this today are part of a very small minority—the 10% who made it. And within that group,...

Boost Your Brokerage's Success: The Secret Metric Every Top Agent Dreams About

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Hey guys, as a team leader or brokerage owner, there's one key metric that defines your success:

Per agent productivity.

This metric encompasses every aspect of your role as a brokerage leader. It includes your recruiting plan, retention plan, marketing, branding, technology, training, coaching, mentoring, staffing, and location.

Essentially, everything you do at your brokerage is reflected in what your agents produce on a per-agent basis.

When I come to you and say, "Let's open up the hood of your company," we'll look at the average agent production over the last 12 months. What does it look like? If your average agent is closing six deals, seven deals, eight deals, three deals—whatever the number is—you'll have a starting point.

Our goal is to raise that number over time. The higher we push that number, the more likely you are to attract more agents to your business.

The number one way to attract agents is by demonstrating that your system drives higher sales than your...

Breaking News: FHA Changes Make Financing ADUs Easier! A Game-Changer for Homebuyers!

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Did you hear the latest news from the Federal Housing Administration about financing ADUs, which stands for Additional Dwelling Units?

In the past, lenders couldn't consider rental income from these ADUs, making it tough for buyers unless they were all-cash purchasers. But here's the exciting update: Starting now, you can purchase these properties more easily. For ADUs that are either not built yet or in need of a complete remodel, you can use an FHA 203K loan.

The best part?

They now count 50% of the income from the ADU in your qualification. And if it's an existing ADU, they'll consider up to 75% of the rental income!

This means it's a lot more accessible to buy such properties.

So, if you know someone who owns an ADU, let them know it's now easier to finance and sell.

And for those of you with buyers seeking these types of properties, whether it's for a second family situation, this is fantastic news to share on social...

How to Successfully Retain Top Realtors for Your Real Estate Firm

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Recruiting and retaining top realtors is crucial for the success and growth of your real estate firm. However, it can be a challenging task in a competitive industry. By understanding what realtors are seeking in a brokerage, being proactive in hiring, leveraging technology, creating a positive work environment, and offering attractive perks and benefits, you can build a strong team of realtors who will contribute to the long-term success of your firm.

Here are 5 Ways to Retain Top REALTORS at Your Firm

1. Foster a Positive Work Environment

Create a positive work environment that fosters collaboration, teamwork, and mutual support. Encourage open communication, recognize achievements, and provide regular feedback to realtors. Foster a sense of belonging and community within your brokerage, making realtors feel valued and appreciated.

2. Provide Ongoing Training and Development

Invest in the professional development of your real estate agents. Offer ongoing training...

The Hilarious Journey of Becoming a Realtor and Starting Your Own Real Estate Brokerage

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Congratulations on embarking on the wild and wacky adventure of becoming a realtor! You've decided to take the plunge and dive deep into the world of real estate. But wait, there's more! You're even considering starting your own real estate brokerage. Buckle up, my friend, because this journey is going to be a rollercoaster of laughs, challenges, and questionable fashion choices.

Why Start Your Own Real Estate Brokerage?

Let's address the big question first: why on earth would you want to start your own real estate brokerage? Are you a glutton for punishment? Do you have an insatiable desire to unleash your inner control freak? Well, my friend, there are actually some valid reasons why you might consider this crazy endeavor:

Higher Income Potential: Who doesn't love the sound of cha-ching? Starting your own brokerage opens up new revenue streams and gives you the opportunity to earn more money.
More Freedom for Your Creative Ideas: Tired of...

The Art of Leadership: How to Effectively Manage a Real Estate Brokerage and Thrive in a Competitive Market

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eRealEstateCoach

The Art of Leadership: How to Effectively Manage a Real Estate Brokerage and Thrive in a Competitive Market

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The Art of Leadership: How to Effectively Manage a Real Estate Brokerage and Thrive in a Competitive Market

Introduction to leadership in the real estate industry

As someone who has built successful real estate companies, I have learned that effective leadership is the key to building an amazing company culture. The role of a brokerage manager is not only to oversee daily operations (that’s the easy part) but also to inspire and guide a team of real estate agents towards success. In this article, I will share my insights into the art of leadership and how it can help you manage your brokerage effectively and thrive in a competitive market.

The role of a real estate brokerage manager

The role of a real estate brokerage manager goes beyond just managing transactions and paperwork – that’s what we call in the industry a ‘deal doctor’. Deal doctors are a dime a dozen. A successful manager is someone who can provide...

Fresh Ideas. New Scripts. Cool Trends. Fun Times.

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Ready to Grow Your Brokerage or Team?

Our Leadership & Brokerage Coaching program is tailored to address key areas such as recruiting, retention, culture building, training, support, marketing, technology, and profitability.

In two one-hour monthly sessions, you will dive deep into these topics, guided by a core curriculum of ideas and unlimited time for questions and idea-sharing. These small group sessions provide a unique opportunity to connect with other like-minded office leaders, sharing experiences, and supporting one another's growth. You are encouraged to bring guests such as staff, sales managers, and ownership teams to these events.

To ensure maximum accessibility and convenience, every session is recorded, and comprehensive notes are provided for your reference.

Explore Coaching

Here are 5 Ways to Retain Top REALTORS at Your Firm

1. Foster a Positive Work Environment

2. Provide Ongoing Training and Development

Why Start Your Own Real Estate Brokerage?

Fresh Ideas. New Scripts. Cool Trends. Fun Times.

Ready to Grow Your Brokerage or Team?

What if 30 minutes could dramatically improve your Real Estate Business?