Podcast appearances and mentions of Pat Hayes

A councillor embroiled in a row over who'll wear the Cathaoirleach's chains in East Clare over the next few months has dismissed the episode as a "political spat". Sparks flew at yesterday's meeting of Killaloe Municipal District when Fine Gael's Pat Burke contested the decision allowing the Leas Cathaoirleach, Fianna Fáil's Pat Hayes, to ascend to the vacant top position. Arguably Clare's most harmonious municipal district became a battleground this week as the subject of which councillor will replace newly-elected Fine Gael TD Joe Cooney as Cathaoirleach dominated early discussions. Prior to his election to Dáil Éireann in November, Deputy Cooney had been the appointed Cathaoirleach of Killaloe Municipal District for the 2024/25 Clare County Council term, with Maghera Councillor Pat Hayes serving as Leas Cathaoirleach. Following O'Callaghan's Mills native Conor Ryan's co-option onto the municipal district in December, the newcomer quickly indicated his lack of interest in taking the reins just set. Yesterday, it was proposed that Councillor Hayes would step up from his position as vice-chair to be at the helm of the MD until June, with Fianna Fáil councillors Tony O'Brien and Alan O'Callaghan backing the plan. The development led Whitegate Councillor Pat Burke to accuse the Fianna Fáil contingent of "railroading" their Fine Gael counterparts and refusing to engage with him on the subject. He claims it's not unthinkable that the three Fianna Fáil councillors have a "plan up their sleeve" to ensure Councillor Ryan never has the opportunity to be Cathaoirelach in this term. With four years left in this council term, it's not yet clear if Councillor Hayes will serve a full year as Cathaoirleach at another stage or if Councillor Ryan will wear the chains for half of that year in order to ensure both representatives do a full stint. Councillor Hayes believes a "flare-up" is healthy every once in a while and doesn't envisage that the issue will be a cause of friction going forward.

 -00.45 Chatting about the change in political circumstances from the last Election with effect to both Timmy Dooley and Violet Anne Wynne   -20.05 Count 14  Clare Constituency as given by  Returning officer Rita Considine  Distribution of Timmy Dooley Surplus votes  with Mairead O'Higgins Finnegan, Tom Hanley, David Fleming and John S Kelly. Originally Broadcast as part of live simulcast by RCB and SBCR as part of election coverage 2024 on 1st December 2024 from Treacy's  West County Hotel Ennis

 -talks about her short campaign, how she remains an optimist and that this is not her last foray with politics.  With Tom Hanley, David Fleming, John S Kelly, Pat Hayes  and Mairead O'Higgins Finnegan . Originally Broadcast as part of live simulcast by RCB and SBCR as part of election coverage 2024 on 1st December 2024 from Treacy's  West County Hotel Ennis

-giving his thoughts at his early stage of the votes being tallied. As part of  Saturday Chronicle 30th November 2024 Live from Treacy's  West County Hotel as part of the General Election  2024 count, Presented by Tom Hanley with Patricia Anne Moore with Jim Collins and Paul Bugler on analysis. Saturday Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie.

The Oconee Enterprise is partnering with The Cancer Foundation to bring you a special Breast Cancer Awareness edition. Former Board of Elections Director, Pat Hayes, has died. Judge Haggard has ruled on an issue related to the Town of North High Shoals. Donate to The Cancer Foundation here Find resources for patients here Subscribe online at ⁠OconeeEnterprise.com⁠

 elected Councillor on the second count talks to  Tom Hanley and David Fleming. As broadcast live during SBCR and RCB Simulcast at the Local Election Count 2024 in the West County Hotel 8th June 2024

East Clare's musicians are coming together to show solidarity and to raise much needed funds for humanitarian aid by staging an event East Clare Seisiún Mór for Gaza at the renowned Peppers of Feakle on Bank Holiday Sunday 5th May starting at 8pm. A roll call of East Clare's finest musicians will be joined by respected speakers on the lineup for the event. To learn more about what we can expect from the event, Alan Morrissey was joined by Pat Hayes, Maghera Fianna Fáil Councillor, and Claire ni Grianna, Clare IPSC activist. For more visit: https://www.eventbrite.co.uk/e/east-clare-seisiun-mor-for-gaza-tickets-888220440247?aff=oddtdtcreator

 on the proposed naming of the Scariff library after Tuamgraney's Edna O'Brien. Also the Celebration of the 3 all stars who's Parents all came from the townland of Faha Kilanena and the Gaa Club Fundraising.  Originally broadcast as part of Saturday Chronicle 3rd February 2024 from the SBCR studio   Hosted by Pat O'Brien and Anthony Lenihan. Saturday Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie 

Pat Hayes KK GAA Referees Administrator chats to CRKC and pays tribute to the late Ollie O'Neill from Paulstown 02.02.2024

The East Clare Municipal District is calling for the Scariff public library to be named after local author Edna O'Brien. The motion put forward by Maghera Fianna Fail Councillor, Pat Hayes, was unanimously supported at the most recent MD meeting. Acclaimed Tuamgraney novelist and memoirist, Edna O'Brien is famous for her stories 'The Little Red Chairs' and 'The Country Girls' trilogy. Clare County Librarian Helen Walsh says the storyteller is an inspiration for local writers who can only wish to reach her standards.

 in studio talked about the difficulties that are arising with the new Garda arrangements for the new Clare Tipperary Division.  Originally broadcast as part of Saturday Chronicle Saturday on 21st October 2023.  Hosted by  John S Kelly and Jim Collins. Saturday Chronicle is Sponsored by JAMES M NASH AND DERG KITCHEN DESIGN http://dergkitchendesign.ie Message or what's app the studio on 089 2582647 or email sbcrstudio@gmail.com

Catch up with Pat Hayes before he delivers the keynote address during the Master Brewers Conference in Seattle Oct 6. We discuss some exciting new releases coming just before Pat's retirement, the OSU barley project, how Pat ended up becoming a barley breeder in the first place, and more. Special Guest: Patrick Hayes.

- came into studio to update listeners on events political and otherwise ongoing in East Clare. Pat also spoke about the FF selection convention for next years local elections taking place in  June 2024 that took place recently. Saturday Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie Originally broadcast on Saturday 10th June 2023 

The issue of dangerous bends on East Clare roads has been identified as a pressing concern by a Feakle councillor. Pat Hayes of Fianna Fáil has said that there is a safety concern on minor roads in the region and that the prevalence of sharp bends on roads could impact the safety of locals as well as the attractiveness of East Clare as a tourist destination. The Killaloe Municipal District Technical Team has said that it is committed to "developing a phased plan for strategic road upgrades" but its current plans do not include areas for road widening. Councillor Hayes says regional roads have not received adequate investment in recent years and that road upgrades in East Clare need to be prioritised.

Cade welcomes Dr. Pat Hayes and Dr. Chris Massman from Oregon State University to the lab to discuss the impact barley aleurone has on malt quality. The Brü Lab is brought to you by Imperial Yeast who provide brewers with the most viable and fresh yeast on the market. Learn more about what Imperial Yeast has to offer at ImperialYeast.com today. | Read More | The Malting Barley Blues

presented by Ursula Hogan. This week we look back at the East Clare Memorial committee Easter commemoration that takes place every Easter Sunday in the Memorial Park in Tuamgraney. With contributions from Pat Hayes and Tomas McNamara

Pat O'Brien and Anthony Lenihan talk to Martin Hayes, Gary Pepper, Christy McNamara and Pat Hayes about the legendary guitarist and long-time colleague of Martin. Originally broadcast 15th December 2022 on SBCR. parts of this programme were recorded in December 2022

On Wednesdays Tipp Today, Fran spoke to Helen, Mary and Barbara about potential Covid vaccines for babies and young children, John spoke to Fran about Ukranian refugees, Eamon spoke about his issues with public transport. Pat Hayes from the Arch Bar spoke about his win in the Best of Tipp awards and his take on the new licensing laws, Auz, Stephen and Jack gave their take on the Ukranian conflict, we had our weekly garda slot, a look back at the best of Tipp awards and Liam spoke about the difficulties he is ffacing in securing proper care for his elderly neighbour.

spoke to Trish and Marie at the Scariff show.  Saturday Chronicle 3rd September 2022 broadcast live from Scariff Show, Fossabeg, Scariff - Hosted by Marie McNamara and Trish Nugent. Saturday Chronicle is Sponsored by JAMES M NASH AND DERG KITCHEN DESIGN http://dergkitchendesign.ie

pFreim Family Brewers is nestled in Hood River, Oregon, a quintessential town where pFreim made pilsners a local favorite. Now, pFreim is expanding into new chapters. We talk with head brewer Campbell Morrissy to discuss the recent brewery expansion for pFriem, their new canning line, hop selections (tis the season!), and his research work at the Barley World Lab. Campbell Morrissy is the Head Brewer for pFreim Family Brewers and Ph.D. Candidate at Oregon State University under Dr. Pat Hayes in the Barley World Lab.

not talking with a political hat on today but talking in general about the future of Feakle and the services provided.   Saturday Chronicle as Broadcast Live from outside "the Dublins" at  the Feakle Festival  2022. Hosted by Tom Hanley and Jim Collins  -Saturday  Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie

talk Feakle festival, music and have some friendly banter.  Saturday Chronicle as Broadcast Live from outside "the Dublins" at  the Feakle Festival  2022. Hosted by Tom Hanley and Jim Collins  - Saturday  Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie

Nick is joined by the Daily Mirror's David Yates to discuss the latest news and events from around the horseracing world. They lead with the brilliant success of Baaeed in the Lockinge Stakes at Newbury, which saw the undefeated colt earn rave reviews and comparisons with the greatest horse of the modern era. They also look back on the French Guineas at Paris Longchamp, and are joined by Harry Herbert, whose Highclere Thoroughbred Racing owned Cachet finished an honourable second in the Pouliches. Herbert brings news of two potential Derby candidates for the operation, and is particularly sweet on Friday's Goodwood triallist, Lysander. Nick and Dave also discuss John Gosden's smart looking three year old fillies and comment on a deeply worrying welfare case in Ireland involving trainer Pat Hayes. As the white filly Sodashi becomes a sensation in Japan and across social media, Nick talks to Japan-based Kate Hunter about her impact on the sport and whether she might travel abroad after her stirring victory in the Victoria Mile.

Nick is joined by the Daily Mirror's David Yates to discuss the latest news and events from around the horseracing world. They lead with the brilliant success of Baaeed in the Lockinge Stakes at Newbury, which saw the undefeated colt earn rave reviews and comparisons with the greatest horse of the modern era. They also look back on the French Guineas at Paris Longchamp, and are joined by Harry Herbert, whose Highclere Thoroughbred Racing owned Cachet finished an honourable second in the Pouliches. Herbert brings news of two potential Derby candidates for the operation, and is particularly sweet on Friday's Goodwood triallist, Lysander. Nick and Dave also discuss John Gosden's smart looking three year old fillies and comment on a deeply worrying welfare case in Ireland involving trainer Pat Hayes. As the white filly Sodashi becomes a sensation in Japan and across social media, Nick talks to Japan-based Kate Hunter about her impact on the sport and whether she might travel abroad after her stirring victory in the Victoria Mile.

Join us for Bible Study @ 7:00 Wednesday nights, and Sunday Morning Service @ 10am!

Join us for Bible Study @ 7:00 Wednesday nights, and Sunday Morning Service @ 10am!

Pat Hayes, East Clare Fianna Fianna Fáil councillor, outlines issues in the area with regard to the provision of 2022 Census forms.

On Wednesday's Morning Focus, Alan Morrissey was joined by Fianna Fáil Councillor from Maghera, Pat Hayes, as residents in Tuamgraney have still not received their census forms. It comes after forms were to be couriered to various areas across East Clare when they failed to be delivered in the first place. Picture (c)Jason Clarke for Census 2022

Steve Dale speaks with Pat Hayes, Site Steward at the Dewey Helmick and Illinois Nature Preserves. Pat talks invasive species in trees and plants, which is something that brings harm to the landscape, and she also explains the importance of monitoring these plants. To learn more about invasive plants, visit www.invasive.org

Councillor, from Maghera is also Chair of the Board of Management of Scariff Community College and he joined Jim and John on the phone to talk about activities and plans for the upgrades,  services provided and future of the school. Hosted by Jim Collins and John S Kelly Originally broadcast on Saturday 2nd April  2022 Saturday Chronicle is Sponsored by JAMES M NASH Solicitors and DERG KITCHEN DESIGN http://dergkitchendesign.ie   

talking about Recent good news for Scariff with the announcement of  €524k funding to develop plans to upgrade the town square and create a business hub for the town. Originally broadcast live as part of Saturday Chronicle with Tom Hanley with Patricia Anne Moore and broadcast from the SBCR studios at the Derg Alliance building on the 8th of January 2022 Saturday Chronicle is Sponsored by JAMES M NASH AND DERG KITCHEN DESIGN http://dergkitchendesign.ie 

On Tuesday's Morning Focus, Alan Morrissey was joined by Christine O'Brien, Spokesperson for Keep Tulla Untouched campaign, Melina Sharp, Spokesperson from Future Proof Clare, Sinn Féin Councillor from Shannon, Donna McGettigan, Fianna Fáil Councillor from Maghera, Pat Hayes and Green Party Senator Róisín Garvey from Inagh to discuss local concern about potential prospecting licences for Tulla and Bunratty. Picture (c)Adam88xx via canva.com

Dr. Pat Hayes from the Oregon State University Barley project called Barleworld joins Cade in the lab to discuss all things barley. | Read More | Dr. Patrick Hayes Profile Barleyworld Pale 2-Row vs. Pale 6-Row Barley Malt xBmt

The disease has moved out of Africa, it's now in the Middle East. It's only a matter of time before it arrives. It's a numbers game. Pat Hayes joins us to talk about barley breeding, the race against disease, genetic tools, and more. Special Guest: Patrick Hayes.

Perhaps the most famous son of Maghera, legendary fiddle player, proud East Clare man Martin Hayes has written a book and spoke to Carol about his life and upbringing. Also joining in were Marianne Purcell, Pat Hayes and Paul Bugler.    Saturday Chronicle as recorded Live from the Derg Alliance Building Scariff on the 23rd October  2021.Hosted by Geraldine Colleran, Carol McNamara with Paul Bugler. Saturday  Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie

with Marianne Purcell, Pat Hayes and Paul Bugler. Discussing the history and some of the stories associated with the radio and tv mast on top of maghera Mountain. Saturday Chronicle as recorded Live from the Derg Alliance Building Scariff on the 23rd October  2021.Hosted by Geraldine Colleran, Carol McNamara with Paul Bugler. Saturday  Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design   http://dergkitchendesign.ie

Today on The Real Estate Raw Show Pat Hayes talks about his real estate journey. About Joe: Mr. Mendoza has a long track record of success. 100's of millions of dollars of real estate transactions. Hundreds of people mentored, coached, and trained. He's been on television, radio, and multiple publications. Are you looking for a trusted advisor in real estate? Perhaps help to get to the next level in business or life? Joe is the MAN! Buy Joe's NEW book "Flex With A Plex" on Amazon: https://amzn.to/30VHBus Looking for a new broker, real estate company, brokerage? Join me and EXP Realty now! We are in ALL 50 states, Canada, Australia, and United Kingdom (UK) http://becomearepro.com/ Add "Joe Mendoza" is my sponsor. Find the deals! http://findhiddendeals.com/ Hire someone else to answer your phones! http://myvahack.com/ Having trouble with your real estate calculations? http://bestdarncalculator.com/ Need an app while looking for deals: http://letsdrivefordollars.com/ Ready to make some calls to leads? (Caution: Use your discretion and be aware of local and federal laws) http://ineedphonenumbers.com/ Keep watching, subscribe, or reach out to Mr. Mendoza today for a private consultation, training, or speaking engagements. Joe Mendoza - California Broker DRE #01234540 Entrepreneur. Investor. Author. 100 E. San Marcos Boulevard, Suite 400 San Marcos, CA 92069 Office (877) 794-5227 --- Support this podcast: https://anchor.fm/therealestaterawshow/support

Also talking about opportunities for renewable clean energy, as well as propsed local infrastructure issues in East Clare including an update on Holy Island and potential linked tourist opportunities for nearby local communities. Chat also re proposed greenway. This interview took place on Saturday Chronicle which was  Hosted by  Jim Collins with John S Kelly and Originally broadcast on Saturday 7th March 2021 Saturday Chronicle is Sponsored by JAMES M NASH AND DERG KITCHEN DESIGN http://dergkitchendesign.ie  

This morning, Bank of Ireland confirmed that they would be closing 88 branches in the Republic. Among those are three Clare branches - Tulla, Kilkee and Miltown Malbay. On Monday's Morning Focus, Gavin Grace spoke to former Kilkee town councillor and businesswoman, Elaine Haugh Hayes, Fianna Fail Cllr from Maghera, Pat Hayes and Managing Director of the Armada Hotel in Spanish Point, John Burke about the impact this will have locally. Picture © Bank Of Ireland

Graveyard thefts continue to be an issue in County Clare, however it appears to be a specific problem at Tulla graveyard as yet another theft occurred over the Christmas period. Last Monday, Clare’s Crime Prevention Officer, Sgt. Tríona Brook explained that between 22nd December and 25th December, six ornamental barrels were stolen from three family graves and a decorative box was stolen from another grave. Numerous thefts have occurred at the graveyard in recent times, sparking outrage amongst residents of the town and heartache for the family members affected. Can anything be done to address the issue? On Monday's Morning Focus, Gavin Grace spoke to Pat Hayes, Fianna Fáil Cllr from Caher and Fr. Brendan Quinlivan, Tulla parish priest.

Andrew Teacher, founder of Blackstock Consulting (www.blackstock.co.uk) is joined by Pat Hayes, managing director of Be First, the Barking and Dagenham Council-owned housing developer to discuss the way forward in providing homes for the UK. They discuss homes for working Londoners, the future of building control, and the positive impact of modern methods of construction (MMC) on the sector.

This weekend, the East Clare Memorial Committee, one of Ireland’s longest serving memorial groups, will privately commemorate the 100th Anniversary of the death on Killaloe Bridge of the Scariff Martyrs, one of the most significant events of the Irish War of Independence in County Clare. The committee is doing everything they can to enable people to feel part of a dignified honouring of the men and within Public Health Guidelines. This will include a private recorded ceremony at their grave in Scariff. In addition, on Monday 16th November, at 11.00pm the committee will broadcast a Livestream event, showing a small private ceremony on the Bridge of Killaloe, 100 years to the moment since the tragedy at that spot in 1920. On Friday's Morning Focus, Gavin Grace spoke to Dr. Tomás Mac Conmara, Secretary, East Clare Memorial Committee and Cllr. Pat Hayes, Chairman of East Clare Memorial Committee.

Under level five restrictions, marts in Ennis, Kilrush, Scariff and Kilfenora are able to continue operating, but online only and with strict protocols in place. A controlled drop-off service is in place for sellers, while buyers will be able to view stock prior to the sale, but only at assigned times. However, farmers are concerned that the online sales system will result in lower prices when selling cattle. Independent TD, Danny Healy-Rae, is among those who have reacted furiously to the implementation of stricter Covid-19 measures in livestock marts and he raised the issue during Leader’s Questions last week - stating that it would mean a difference of €100-€200/head less for farmers. Local Fianna Fáil Councillor, Pat Hayes is also raising the issue, speaking from his own experience as a farmer. Pat Hayes, Fianna Fáil Cllr in Caher and Farmer and Martin McNamara, General Manager, Clare Marts joined Pat Flynn on the show today to discuss the issue.

Hosted by Marie McNamara  and Trish Nugent and broadcast from the SBCR studios at the Derg Alliance building  Councillor Pat Hayes in studio to talk about the Feakle Commemorative group, the Feakle ambush  and upcoming events  in East Clare marking 100 years on from the war of independence. Saturday Chronicle is Sponsored by JAMES M NASH AND DERG KITCHEN DESIGN http://dergkitchendesign.ie

Mukala Partners' Pat Hayes takes us through his career development, and how his incredible mindset has helped him excel. Find out how he uses his unique blend of leadership, emotional intelligence, and business acumen to help private equity firms maximize human capital. Pat founded Mukala Partners in 2019, prior to that he worked at Green Peak Partners and Bridgewater Associates. Love some of the insights on Data driven decisions, and how they should be used in the interview and hiring process. The importance of mentors and tapping into the wisdom of others. Get to Know Patrick Hayes: https://www.linkedin.com/in/patrick-hayes-61166014 https://www.mukalapartners.com/ --- Support this podcast: https://anchor.fm/venture--gains/support

Re-broadcast of January 01.1.20 | Way Back Wednesday (August) Dr. Pat Hayes, I Heart Church // iheartchuch.online

Councillor Pat Hayes joined the El Politico team and spoke candidly about the performance of the FF party in the election nationally and at the tally count in Clare.  He also gave his opinions on how the traditional parties needed to reset and connect back to the electorate in the wake of the surge in support for Sinn Fein.   Day one of the count for the Clare constituency brought the el Politico crew to North Clare on a wet and windy 9th of February 2020  and into the Falls hotel for a live broadcast from 5.30pm till midnight. Listen back to some of the highlights of the day with Political analyst Paul Bugler and Jim Collins. Outside broadcast sponsored by Michael Long Construction, Scariff.

Live from the Scariff Bay Community Radio studio at the Derg Alliance Building Hosted by Jim Collins and John S Kelly Highlights: 00.05  Pat Hayes and Pat Burke Local Councillors in East Clare live in studio talking about vacant buildings in east Clare 20.35  Michael Ryan from Whitegate talks re his recent presentation  to Inis Cealtra Historical society Saturday  Chronicle is kindly sponsored by James M Nash and Co and Derg Kitchen Design

  00.00. Count 2 analysis 03.45  Pat Hayes who is 39 votes short of the quota after the second count joins the Scariff Bay broadcast. 13.40  We are gone past midnight into Hour 15 of the Scariff Bay radio Election coverage  20.39  Count 3 distribution of Sean Naughton and Rebecca Doyles votes 22.09 Analysis of Count 3 and Elimination of Joe Floyd 31.35 Green candidate Barry O’Donovan joins us as the fourth count continues 43.48 Count 4 45.34 Pat Hayes Elected 46.24 The count is suspended for the night and Barry O’Donovan is eliminated. Barry is still with us and talks about his performance and his plans for the future 52.03 As the night draws to a close we look at the state of affairs for the remaining candidates at the end of the  fourth count.

El Politico Election Special - Talking to candidates and family- Girl Power Live from the election count at the West County Hotel on the 25th of May 2019 During the afternoon and evening we spoke to first time candidate for the Social Democrats Rebecca Doyle who was the sole female candidate in the Killaloe electoral area, Anne Hayes wife of Pat Hayes and Mary Rose Hennessey  wife of Barry O’Donovan. Conor Cooney, son of Joe Cooney also spoke to Eoin and Paul  00.15 Rebecca Doyle 08.30 Anne hayes 15.40 Mary Rose Hennessey 25.20 Conor Cooney

El Politico - Local Election special- The Local elections are coming and the candidates are on the canvas in the Killaloe Electoral Area. On Wednesday the 15th of May 2019 three sitting Councillors Pat Hayes, Alan O'Callaghan and Tony O'Brien representing Fianna Fáil joined us in studio to tell us about their campaigns, a bit about their their own history  and the challenges they see locally and at County level.  

In this episode Erinn Nobel from Bellingham Washington joins us. Erinn has been a real estate agent for 20 years and she's a successful high volume producer.  She is one of the early members of EXP and today she talks about the growth and momentum build up from the early stages of EXP until now. She gives us her perspective on the power of EXP's technology and how it is being an industry game changer. She explains the myths about the EXP system and culture and touches on how fast EXP is growing through out Alaska and Canada. She gives us her advice on due diligence.   Learn More about eXp Realty - Click here to watch a quick 7 Minute Intro Video. Remember our disclaimer: The materials and content discussed within this podcast are the opinions of Kevin Cottrell and/or the guests interviewed.  This information is intended as general information only for listeners of the podcast. Listeners should conduct their own due diligence and research before making any business decisions. This podcast is produced completely independently of eXp Realty and is not endorsed, funded or otherwise supported by eXp Realty directly or indirectly. In this episode EXP growth and monument buildup Real time support through Sky Slope and the EXP platform from assistant brokers. Access EXP technology throughout your own brokerage branding.  EXP's culture standpoint vs the classic franchise and MLM or Pyramid systems. Releaf from "bricks and mortar" and administration work through EXP's cloud based system and lead generation programs have groundbreaking technology programs that have transaction management tools. Revenue share,  team growth and the disinformation and myths about them. Attracting agents and growing your revenue share.   Take Away "We are not a recruiting company if we're recruiting company. We would be out of business. We are producing company. We want agents that are in production that are building the revenue so we can all take part of it and share the revenue revenues. Sure it's just for expense."   Want to Learn More about eXp Realty? If you are interested in learning more about eXp, reach out to the person who introduced you to eXp or contact Tom to inquire or ask questions. Contact Erinn: Call at 360 398 3883 Email: Erinn.Nobel@EXPrealty.com  Facebook: https://www.facebook.com/ErinnNobel Voxer: Erinn Nobel. Links: www.EXPCloud.com     ERINN NOBEL FOR SONIX.mp3 KEVIN: Welcome back to another episode of "The EXP explained podcast" I am host Kevin Cottrell joining me today is Erinn Nobel from Bellingham Washington. A special guest she's been with EXP almost since the beginning. Not quite as long as Brian Culhane who you've heard in his episode share his story about the founding of the company but Erinn has been in regional leadership. She's a successful high volume producer including a member of the CRS community. And Erinn is going to have some great insight to share with us today for agents looking to understand a little bit more detail why agents are coming over from other brokerages and joining EXP realty. Stay tuned for my interview with Erin Nobel. Welcome to the show Erin. ERINN: Kevin thanks so much. KEVIN: Well looking forward to our conversation now they're going to be plenty of people that listen to the podcast that may be not familiar with you. And from the Pacific Northwest. Can you take a minute and give a little bit of your history and background in real estate and also touch on the early days of the EXP because you've been around for a while haven't you? ERINN: I sure have. Yes. It's been a fun ride. That's for sure. Yeah I'd be happy to. So in a nutshell this is my 20th year as a residential real estate agent right here in Bellingham Washington where EXP was founded back in 2009. I have been practicing residential real estate here in Bellingham Washington since 1999 and made the leap over to EXP four years ago as agent number 337. We were only open in 18 states at the time and it was just kind of a wild ride. KEVIN: Erin when the company started and obviously you knew Glenn because he's from the same town as you and you were familiar with him from his days probably back at Keller Williams is what would make you even take a look at EXP I know you were involve CRS you you're pretty well-known the Pacific Northwest and you had a successful real estate practice. What were the drivers for you if you look back in the early days of the EXP. Because it's a different company now and I know we'll talk about that that caused you to even look at it initially. ERINN: Yes it's a much different company. For me it was really just the vision that Glen had and the future of what the real estate model really looked like after coming through the recession and building my business back up in 2010 11 and 12. I was just really identifying what some key factors that were not working in the business anymore. I was working at a small local boutique brokerage and it was very well branded here locally. But I noticed that clients were calling in and they couldn't even pronounce the name of the brokerage anymore. They were really trying to just identify an agent and we didn't have the agents in the spotlight. Were at the forefront. It was all about the real estate broker or that brokerage. So I just noticed a shift in the thought. How can I align my business and my skill set and be in the forefront and be able to attract clients that I want to work with instead of having them funnel through my brokerage model first. So I sat down with Debbie. She had just made the leap over the EXP from a large local real estate franchise here in the Pacific Northwest. She and I were actually originally licensed together back in 1999 and I had known for her for quite a few years obviously but she was telling me about this new business model EXP and how it really is promoting the agent at the forefront. It's empowering the agents and showcasing the agents in a way that I had never heard of before so she really lined me out with that. And we met together with Glenn for dinner and he basically took me through the entire story in the process of how EXP came to be how he had been working through Keller Williams and running mega teams throughout the Northwest here and I believe in parts of the Southwest as well. But he was looking to expand and trying to find a solution for an expansion team that would not only financially be beneficial for the agents but helped to scale his business and scale through a basically recession proof model. That's what he created and I thought my goodness he's really on to something here and I want to be part of this. I joined immediately that day. That was four years ago. KEVIN: What's interesting about we're EXP is today and you know your interview and part of that discussion would be well for people listening to go listen to the two part interview I did with Brian Culhane because Brian was in fact working with Glen in the Southwest US and had the big teams down in Arizona and the markets there and so I think he was the first agent call it the sort of the de facto co-founder in the early days and you know right in the beginning and forefront he talks a lot about everything from the name of the company being selected in a lot of the early thoughts. And so it doesn't surprise me. You and I have interacted a fair amount that you had enough vision for this especially with your passion around the agents you've been heavily involved in stress and it's a different company today. You know if you look at Jean-Frederic and he came in I think it was agent for 77 or something like that was when he came out and he came in a little bit after you. Not much. And you know it was just over three years ago at this point. So what's happened since then and I know I don't want to talk about your role as an RTL and working with lots of teams and brokers and people that are interested in the EXP to talk a little bit about the early days versus now because you talk about a new business model and being more agent centric the offerings and the value proposition is so much more robust today. It's so much more developed the systems the cloud all of the offerings are such. How do you see it playing out in other words you are an early adopter. You came in early there wasn't a lot if any of the systems that are in place today. In other words there was a vision and the company certainly was operating in a you know a handful of states 16 or 18 states at that point versus where it is now. And so what were your thoughts on that versus what if you were talking to somebody who's listening to this today you know in other words there are still people out there especially compared as they're saying oh there's still a startup company they don't have anything together in terms of systems. Absolutely. And I wanted to be part of that momentum. I saw an idea and I knew it was going to be big and I wanted to jump in fully and help out you know contribute in any way or form that they could. And we did that fully. My husband actually left a 20 year career at Microsoft to come over as CEO for the company to build out our enterprise system with Glenn. We just loved the idea of the company and the promotion of the company and doing it in the right way. But especially it's achieving that momentum now which has really shifted the company. Everybody is talking about the EXP Realty. It's kind of the local latest buzz because it is real. It's providing agents with agent ownership it's providing a way for agents to not only excel in the business but to get out of the business at some point and retire and have a nice lifestyle. That's the type of momentum that we wanted to be part of in the early days we didn't have the momentum right. It took a massive had turn Turner agent or many brokerage to come over to the model and join with the EXP to get some local attention. And the frenzy going that other people would identify with and start questioning hey what is this. You know I want to learn more. Now it's almost on a hourly basis with people reaching out to me asking questions wanting to learn more about the model and the interest is peeked. Let's just say that. Well absolutely. I mean it's one of those things where you know to give people some perspective you know you were talking about you know being in the mid 300 ads as far as Agent count. You know when Gene joined I think it's 37 months ago 37 - 38 months ago there were just under 450 470 agents. Texas had I think if I know the number correctly I don't have every one of these numbers memorized but they're either at 7 or 12 agents in the entire state of Texas. You know now we're at about 2400 in less than 38 or 40 months. And so you know what Erinn is talking about is a massive amount of momentum the company has built out you know for all intents and purposes the entire North American content from the standpoint of United States as well as most of the provinces in Canada. When you look at the operation the footprint is at the point now where even if an agent who is listening to this know somebody in Kansas or know somebody in Florida or even in British Columbia which is a recent addition to the EXP's footprint they have the ability like you talked about from a standpoint of referring them in and having them join. That is much broader than it was when you were involved in other words you could do things in Washington state you could do things in certain areas. But both from an MLS footprint and a state being opened it was very limited initially. So for any agent listening to this it's a whole different world now and I'm seeing a shift and I'm wondering what your perspective is on this Erin. And people no longer thinking about this as early adopters in other words not only are all the top brokers from a lot of the big franchises joining. It used to be it would happen you know last fall Jay Kinder joint right? And there was a huge amount of momentum generated by that at this point. It's almost weekly that somebody is joining from a big franchise because I think that the risk either perceived or actual In other words for a while it was perceived. And then from an actual standpoint they can look at it and if they do due diligence and I'm wondering if you're seeing this change in the perspective agents now if they'll actually look into the due diligence the risk is out of the switch at this point. There aren't a whole lot of holes in the value proposition that they may have heard about that even exist anymore. Don't you agree. ERINN: Yeah absolutely. KEVIN: Well let's talk a little about some of the stuff you mentioned from the standpoint where you use terms about you know coming into the real estate business people might be sitting in independent like you were or a big franchise and they're thinking God the only way on a bill to retire is to sell my business my team or build it up to a certain size and replace myself or I might be able to make enough gross commission income and net enough that I can buy properties. EXP is different than that. So let's talk a little about your perspective on that. I know you have this conversation from a wealth standpoint quite a bit. ERINN: Oh yeah absolutely. And that's where I really see the model shine. We've got a lot of mom and pop businesses out here in the Pacific Northwest that are seeing the shift in the model and the change. And agencies are not coming into the office anymore. And here they've got so much money invested in not only bricks and mortar but in a phone line that the fax and the copy machines for the office staff that's sitting there to support our agents who are not going into the office. So they're trying to find a new way to invigorate that business by offering some education basically any sort of new technology to offer lead generation to their agents. But all of these are piecemeal add on products that those broker owners are having to absorb. This is where you can come in and power that company. It's basically like a bolt on product to a brokerage and power that brokerage where they keep their own branding. So say it's you know Thompson real estate. It would be Thompson real estate with the EXP realty or brokered by experience. They're able to fully branding in place and intact because they worked so hard to build that brand in their local area and add on our EXP product essentially which they can then offer to all of their agents. We have a lead generation programs have groundbreaking technology programs that have transaction management tools. We have education easily accessible through our cloud based environment. We have mastermind's lead almost daily. It's just incredible for these agents to now be able to access its technology throughout their own brokers that they're already familiar with. And this is where I'm really seeing the future of the real estate models as we know it make the shift and adopt the EXP technology. KEVIN: Well certainly the interview idea with Mitch Ryback he talks about that right here. He had Tropical realty down in Florida and he was going to do a seven figure sale and then stepped back from that and went with the EXP to be powered by EXP instead. And one of the things in addition to the economics of the change he talks about the brand he talks about the tools you know things like Cavey core and Web sites. And what's interesting about it is he also touched on something that is sort of the dirty part of brokerage I don't mean that in a bad way but just what they don't like doing right. They like to wash our hands of this which is the actual brokering compliance the in and out of licenses the transaction management looking at the contract review making sure ENO is in order all of the stuff that so many people who have built up these independent brokerages just don't like to do. Now this also applies and I don't know if you've seen this but Gene and I haven't heard this from a lot of the rainmakers because there's a logical progression whether you're a big rainmaker for a team at a franchise or you're independent quite often. You know if they're at a brokerage their next step they start thinking about hey do I go out on my own. And what they haven't thought through is exactly that. In other words you can do it and then they look at how much was I paying in company dollar to my company. But when you start to pull back the curtain on all of the steps needed and all the staffing needed to do all of that sort of the dirty brokerage part the compliance pieces all of the admin stuff they haven't thought that through and typically from a behavioral style right these are driver personalities a profile and they don't even want to touch that stuff and so I know one of the things that I'm seeing and Gene is seeing when we're in meetings is the rainmakers and if you're a rainmaker and you're thinking that's your next step. This is probably something you want to look at because the economic model and the way you EXP sets things up in a team environment even a large team environment and even if you're in multiple markets right you're an expansion team. The tools that Erinn is talking about provide you with a great platform where you don't have to staff up and handle all of that admin stuff because that's just a cost center. There's no there's no real value or leverage in that side of the business is there. ERINN: No. No there really is. And one thing I really wanted to touch on which is one of the most common questions that I'm asked is how does EXP provide that type of support. How are we able to review transactions. How are we compliance. How does this work. And really what we've created is the perfect system for transparency between that broker or managing broker or broker owner and the agents. We've created a system that is completely paperless which is also obviously economically friendly and we're using sky slope transaction management to review each and every file that transaction that an EXP agent is party to. So the broker has complete access to these files checked for compliance. Make comments and no edit anything in there as necessary prior to the agents closing or finding that file. We've also created a system for agents to get instant or immediate access to help with any sort of transaction where they can reach out to their broker where they can reach out to the assistant managing broker in place and just have instantaneous help there's no more waiting in the office or your broker to be free or to get back from lunch. You just reach out it's simply either through the phone app or EXP world and get answers at your fingertips. I think it's just brilliant. KEVIN: The other part of all of that is from a system standpoint and agents are painfully aware if they're at a franchise locations for example and let's say they're on the East Coast right or the West Coast right. Here's the two examples. And you go do a walk through on your property and invariably something comes up and you've got to do an adjustment. Something wasn't fixed. There is something that is still a defect or something that was discovered. And now you're going to do a 5000 dollar price adjustment or some other thing like that that affects your D.A the ability to have the transaction and the accounting team available in the cloud is a huge game changer. Right. Imagine you're in the East Coast. You do your walk through at six thirty or 7 at night and you discover this. Now you've got an agreement you've got an amendment and a modification. There are accounting and payment people in the EXP cloud so to speak just to use basic terms that are going to be available there are going to be less cost people because as Erinn talked about we're on Sky slope and a common system nationwide the ability to affect that change to a contract in a DA and have you not have it turn into a scramble to text major broker at night figure out how to do this and get it done for the title company in the morning is a game changer for a lot of people now if you put that in the context of high volume for a rainmaker. That stuff happens every week every month right there doing enough volume that that stuff's happening regularly. Now an agent doesn't do a lot of volume may not have that happen but once a quarter or a couple of times a year. Now the rainmakers and the big players and we have a disproportionate amount of those higher volume players coming in the EXP are painfully aware of what a huge value this is and the system you're talking about Erin is huge. The fact that Sky Slope is available nationwide the staffing is available in multiple time zones and we're not anchored to an old school model of a bricks and mortar location is a game changer like you said most agents don't go into the office a emergency which somebody will go to the office might be to go get a DA fixed. If they had to and they hate it. ERINN: Oh yeah yeah. And it just allows you to have the opportunity to scale their own business. It allows EXP to scale and expand. And quite honestly if we need more help if our brokers are needing support we add brokers we add assistant brokers we've got people in place there to support our agents just through EXP crowd and our other technology. And it's just fantastic it's a tremendous system. KEVIN: Absolutely. So let's talk a little bit more about well from the standpoint of revenue share and equity because I know this comes up right. The reason I want to touch on this in general terms is there's so much disinformation out in the marketplace. I know this was a factor for you. You're one of the early people that came on you've had this conversation hundreds if not thousands of time about what does this revenue share and why would I even pay attention to it. Tell me a little about the equity awards. There's so much. Even today I saw something posted on social media this morning about stuff it's just plain inaccurate and it's based on old information. They're talking about the fact that you know this is pre NASDAQ listing and the fact that there's all sorts of issues. What is your answer about revenue share in terms of how you explain it and why it's a big game changer for agents. ERINN: Sure. I mean I look at revenue share as the company EXP paying me a referral fee for bringing great quality agents to EXP. It's as simple as that. And I can build my revenue share family my revenue share trade as deep and as wide as I want to by attracting quality agents that all they want to do is sell real estate. It's pretty simple. KEVIN: And that's a good way to put it. I mean one of the things that I tell people that have broad reach. In other words sometimes people will show up and they're pretty active in the training community right they attend events because of their franchise or otherwise they know lots of agents all over the country. You know I talk about this being no different the payment methodology is different but it is like a referral fee and you hit that on the head in terms of the way I explain it but it's almost like your a virtual region. In other words when you hear people talk about like Pat Hayes or Mitch Ryback or Gene their region I mean in the case of some of these big revenue share groups they're in thirty forty or fifty states. Some people are five to six states pretty quickly because they end up knowing agents and then those agents no agents in other markets. And it didn't matter if it was a relationship that was done just on social media or it's somebody from an old franchise that's in a different market. It's one of those things where you know we're certainly not looking for people to come in and like in my old role at Keller Williams I was a team leader right. I'm not looking for people to become a team leader right. We're looking for people and the way agents are doing this is the natural progression of their business right. Either the fact that they have relationships and they do referrals for transactions or they know people because of previous trainings in that is the way that they attract agents right. They may attract a few or they may attract many. I mean Brent Gove is a perfect example of somebody who's got an enormous amount of agents in a short period of time. And I know you because CRS and otherwise have a lot of agents in different markets do don't you. ERINN: Oh absolutely do. I've got agents you know connected from Alaska to New York and my revenue share group and it's fantastic because it's a great way for me to build out my referral business which is a good 50 percent of my business that I generate every year. But now my revenue sharing group can benefit from that referral base business as well. KEVIN: For people that have heard that this is like some crazy MLM or a pyramid thing. This is no different than the franchise system that collects a royalty and gets paid into a pool and then it's paying regional owners. That's effectively a referral fee too. Right? Actually the same thing so if you've been misled to that you probably want to look back at this again. You know it's not anything that occurs or anything other than as Erinn said production right. The only way it works is if agents are with the EXP and they're in production and this is paid into a pool much like the pool that is paid off of the top with a franchise that's royalties. We don't collect royalties that he EXP. And so you can think about it somewhat similarly. And like you said it's a way to build out and grow your group over time and assist others to do it as well. I know I had a number of people on including an agent in Houston and he talked about the fact that a year into it that he was now starting to think about raising his splits for his team because the revenue share has grown to the point where he wanted them to get the reward on helping him build his business and he was helping them grow their revenue share as well. So for rainmakers listening to this if you think about this on a more broad basis this might prevent you from having that constant turnover and push poll conflict in the team environment right and a lot of the franchises I've had several guests on that said this is I never felt like I could retain people right. What was the next step for him if talent showed up. I'd always worried they'd leave. I want to go do something different in the EXP world. You hear person after person talk about the fact that they want team members to succeed. Brent talked about this tourney talked about this in Dallas and even if they want to go form their own team you help them. We're all shareholders. We're all based in the same direction and that's a big difference from a cultural standpoint don't you think? ERINN: It's a huge difference from a cultural standpoint and I think that's one key myth that is pretty prevalent with people are the naysayers about the EXP. We are not a recruiting company if we're recruiting company. We would be out of business. We are producing company. We want agents that are in production that are building the revenue so we can all take part of it and share the revenue revenues. Sure it's just for expense. KEVIN: Well and I think a big inflection occurred this spring when Brett Inman came up. And as you're aware was up in your town interviewed Glenn and a number of other people and the article came out and I think it raised more than a few eyebrows when he declared that EXP in his opinion based on his conversation with Glenn was going to be essentially the NRT of the cloud and you know put a stake in the ground and basically said 50000 agents. And I think what really blew people away was the 50000 agents and the date that he put in there and how fast it was occurring. You know with a company ending last year at 6500 and change being at 12000 now I think it's easy for people in the industry that have been around and seen this picture before to now look at and go yep 50000 agents this is in sight now. And if the company continues to execute they'll get there. And this is a whole different world right you at the top of this interview you were talking about three hundreds thinking about getting to 2000 agents was gone. How long is that going to take us. ERINN: Oh my gosh yes and that was painful work. People don't understand all the work that goes behind the scenes to build out EXP not only in a new MLS but in a new state. It's monumental. I mean it can take a year up to two years to open in states. I we're still one state that we're not open and yet because of regulations we do everything that we can to be compliant and make compliance not only for the local and state boards but the MLSes in Alaska for example they require a very small bricks and mortar office with a sign facing the street. So it can be a very long and painful arduous process to become open in every state and now we are not. This is another reason why we're seeing such success in such monumental growth. All of a sudden it seems it's because we're able to add agents and almost every single MLS across the nation and Canada. KEVIN: Well absolutely and I think if you look at the franchise system that has profit sharing right. There's enough former members of that company that are here now that have been here long enough. Sherry Elíott is one I did an interview with her and there's a number of others. There's probably hundreds at this point. Now we're making comparisons right. And so the conversation in the marketplace used to be it's not going to work. Nobody is going to make any money with revenue share it doesn't work. You know you're making a huge mistake and that was almost a quote verbatim from Sherry Elliott. Right. And she's now able to have a conversation and say here's why I used to make. Here's what I make now. And here's how I did it. And Brent Gove can do the same thing. You know a number of them can do that and there's literally hundreds of them. And I think that's helping as well and for scaling perspective we're throwing a lot of numbers around what you talked about having in the entire company four years ago. The company is adding more than that per week at this point right. Yeah. Way more than that at this point. And so some of that is the build out and the success we've had and all that hard work that's occurred. But I also think that we've hit that inflection point. You talk about the hockey stick where at this point especially after the Nasdaq up listing we've got enough disclosure information out there. We've been accepted on the Nasdaq. You can point people that are those S and C in the disk profile they say just go read the filings you'll see all of the data there you'll see all of the full disclosure and it takes away a lot of those concerns. Plus they can look in the marketplace and go wow that was the number one agent for that franchise that actually just left. Oh there's another number one agent Northern California for that franchise. There's a number one agent from San Diego. It doesn't take too many of those for the trickle down effect of you know ending up at 350 or more agents a week coming in nationwide and we're headed to a much bigger number than that. It's going to be the opportunity and the challenge for the company but the good news is you talked about the systems are all in place now to take advantage of that. So Erinn I have a question for you. Now there's somebody listening to this right. They've listened to the first part over 20 25 minutes of us talking. If somebody is interested in some of the key factor right they called you up on the phone and said hey why EXP what would be the two or three things from a due diligence standpoint you would say you definitely need to think about this this and this. ERINN: Oh absolutely definitely due diligence read about you EXP on the EXP world holding site. We have a lot of information there that talks about the very most specifics about the company about exactly how the revenue share program works about how agent ownership works look into our stock. It's EXP I is the ticker symbol. And we're now traded on the Nasdaq. Seek advice from your accountant or your CPA definitely have them look into the background of it. You know also meet with an EXP agent has been in the business for a while get perspective find out what their pain points might be. Find out what the huge benefits are for them about working with the EXP and just find the story learn the background. KEVIN: Which is fantastic. Erinn what I would like to reiterate and I've done this on every interview is it doesn't matter who introduced you to the EXP right. It could have been a fairly new agent. That was the same franchise you were and you're a mega agent ask that agent to get you in touch with Erinn, Gene-Frederic myself anybody. We have every guest on this podcast give their contact information. Doesn't matter how you heard about the EXP. We're all here to make sure you get connected with the right people to do what Erinn suggested and there are plenty of people some of them would be peers. Some of them maybe a little ahead in the business of where you want to build to that we'll be happy to share their story of coming over. It's not a matter of them having any kind of concern about the fact that they didn't introduce you to the company. That doesn't matter. As we've talked about there is a shareholder program and we're all shareholders. We want great agents to join the company so I know Erinn you have these conversations with people all the time you talk with somebody in the Pacific Northwest. For me the very first month I joined the company. And you know it's one of those things where it's just part of the culture of the business and this is something that from the outside I don't think it's very well known. So again if you've not been introduced to EXP you need to get in touch with somebody. Erinn will be giving her contact information at the end of this interview. You can certainly reach out to somebody in the marketplace if you look in your MLS and you see somebody you recognize may be happy to chat with you about it. If you have been introduced to EXP and you want to chat with somebody ask them to get in touch with their sponsor or go to the podcast look in the notes or listen in the end here where Erinn gives her contact information or any of the other guests on any other podcast interview. We're all happy to talk with you or get you pointed into the right direction if there's somebody else you should talk to beyond us. Anything you want to add to that Erinn before I get your contact info for and listeners? ERINN: I just have one favorite story that I love to share with people about the EXP. One of the biggest pain points for people is where do I go to work. What do I do without an office space. You are not bricks and mortar. Well I encourage them. OK get creative. Think about this. Why do you need to work in a real estate office in competition with other realtors. Rethink this. We have one guy with the EXP who did something bold and I just love it. He opened up shop in a car wash a drive through car wash. And I just think this is brilliant. He branded his cards with a car wash. Basically a little punched sticker thing and hands them out to people as they come to the car wash. Once they hit 10 he gives them a free carwash. He's got a constant steady flow of business coming through it's like a revolving door and he's actually built his business up through patrons of this carwash. So if you need bricks and mortar space. Get creative. Now part with an attorney partner with a title or escrow company or one of your local lenders. We encourage you to branch out reach out and really expand your network that way. KEVIN: Absolutely. That's great information and that's a good example. I mean we also have agents that are pulling together like in San Diego where they have 3 regional sort of we work type of locations that they've set up collectively between the entire big groups of rainmakers and teams and agents as they come in to join the EXP. It can get in and subscribe and get either a hot desk or a regular place to work. There's lots of solutions. I have yet to find anybody that's a hard stop for there are so few agents that if you don't walk through it they can't figure it out sometimes but when you talk to about it they're like oh yeah I could do that or I could do this and as you just described there's a great business case for why you would want to do something different. I mean sitting in an office where nobody is going to come in. So Erinn before we drop off help somebody reach you if they like to talk with you live about the EXP. ERINN: Oh sure plenty of ways you can reach me either on my cell phone which is 3 6 0 3 9 8 3 8 8 3. I'm on Facebook as Erinn Nobel. You can also reach me via email. It's Erinn.Nobel@EXPrealty.com and I'm also on Voxer as Erinn Nobel. KEVIN: Fantastic and just kind of a hint for listeners. Erinn didn't mention it but if you're looking schedule a call or connect with her one of the best ways would be to text. And then you can catch her that way and do it or send or an e-mail. We're all fairly busy but we're all of the culture that we want to make ourselves available and sometimes rather than leaving voicemails or chasing people around that Sims tends to be the easiest thing. Any final thoughts before we drop off today? ERINN: Not that I can think of top of mind but if you're in the Pacific Northwest Alaska Canada I'm local and I'm more than happy to talk with you. KEVIN: Fantastic thanks for coming on the show. Thanks so much. Kevin's great.  

In today's we have Nicki Gregory from Amarillo Texas. Nicki was previously with the franchise system first starting as Mom and Pop and further working with keller Williams. As a team leader she runs a real estate team. Nicki talks to us about her decision to move to EXP, why she did, she touches on equity and revenue share and explains how much of a game changer her transition has been to her life and business.  Learn More about eXp Realty - Click here to watch a quick 7 Minute Intro Video. Remember our disclaimer: The materials and content discussed within this podcast are the opinions of Kevin Cottrell and/or the guests interviewed.  This information is intended as general information only for listeners of the podcast. Listeners should conduct their own due diligence and research before making any business decisions. This podcast is produced completely independently of eXp Realty and is not endorsed, funded or otherwise supported by eXp Realty directly or indirectly.     In this episode EXP as an Exit Strategy The EXP value proposition Equity and revenue share opportunities Marketplace disruption Want to Learn More about eXp Realty? If you are interested in learning more about eXp, reach out to the person who introduced you to eXp or contact Nicki to inquire or ask questions. Contact Nicki: Phone 806 316 4498 email. Nicki.Gregory@exprealty.com  Links: www.EXPCloud.com Takeway Everyday we say that we're just blown away. We say mind blown every day.  It's been a big blessing for my team and for my family. Now we're happy. Nicki Gregory Transcription Kevin: Welcome back to another episode of In The Cloud. The EXP Realty Explained Podcast. I am host Kevin Cottrell and joining me today is Nicki Gregory from Amarillo Texas. Nicki was previously with the franchise system and as a team leader she runs a real estate team made the decision to leave the franchise system and join EXP realty. It's going to talk about her decision to do that. What drove it how revenue share and equity in the EXP realty model is making a game changer difference in her business and her family's life and the ability for them to fund some charities they're interested in. I think you'll enjoy the conversation as Nicki shares why she made the decision to join you EXP realty. Stay tuned for my interview with Nicki Gregory. Welcome to the show Nicki. Nicki: Hello. Kevin: I'm looking forward to chat with you today. For listeners that may not know your name and where you work why don't you give us a little bit of background in terms of her real estate history. Nicki: Ok my name's Nicki Gregory and I'm in Amarillo Texas. I went to real estate school in 06 and I did not get my license until 2011. My husband and I flipped houses for landlords and I didn't want to get it until 2011 so I started selling houses for other people at that point. Started as a Mom and Pop here in town. And then I moved over to KW in 2012 and I've just been selling ever since. Kevin: We've actually had a couple of people on the podcast that started out in the investor side flipping property and working on that side of the business and that went into residential production. So let me just ask you some questions about your business because I know a lot of people listening to this will be real estate agents. Do you have a team. Are you an individual agent and kind of volume do you have. Nicki: I do. I have a team here. The Red Door group and we do about around 10 or 11 million. Kevin: Excellent. So you mentioned that you were with Keller Williams most recently before joining EXP. What led you to the decision to take a look at the EXP tell me about how that happened. Nicki: I kind of you know you start thinking should I look elsewhere or should I be looking at other options actually really exit strategy was probably the biggest thing that was coming into play with conversations with my husband and I and so we have a friend who does some mission work in Thailand and we have been fortunate to be able to bless them and help them a little bit. There she has homes for orphans. Well rescued kids from their rescued from human trafficking. And so we had been able to help her some but we really have been discussing more and more how could we do more. And also our exit strategy on same conversations and we were looking and thinking or towards us maybe opening our own brokerage me getting my broker's license. So I started researching that and looking into whether that would be a good fit for us and not just always seems like where everybody thinks they're going to end up. And so I started looking into that and in the process of looking into it I saw a video with Jay Kinder announcing that he had to EXP and Gene Frederik's video about him owning the blockbusters and several of those videos were coming across my news feed and I'd stay up late watching those and realized I don't think at my age that this is you know if this is what's happening to people who already own brokerage's that's not the right direction for me. And so I don't want to be in a year or two you know having to make the same decisions right after I just started up a startup you know brokerage so that is how it happened. So I just signed up under Jay Kinder where we are. Kevin: Excellent excellent. Well you know you echo what a lot of people say especially if they're in a franchise system you know if you're looking at exit strategy or what the next steps are usually it's sort of unidimensional and I'm sure you went through some of this challenge which is if you're coaching with somebody they want you to do more production and eventually figure out how to get out of that and have a team that you just lead and I think that that's sort of a challenge for many people. Right. You know I certainly had a team in St. Louis previously and we did like 250 transactions a year and I had lots of volume but it wasn't something that was going to be easily converted to me running it passively or just leading only. And you know what. So when you talk about exit strategy I wanted to tie that down for a lot of the listeners because there'll be plenty of them that are out there thinking "well I don't want to be doing listings" if that's what they do which a lot of our listeners will. "And I want to just be listening and selling houses 15 years from now" so exit strategy in my parlance and I'm assuming it's the same for you is trying to figure out how to not be so dependent on others if I stop working my income goes away or it dramatically reduces because team members are not as proficient as me and or if I want to start setting more money aside and net more I going to really ramp up my production and I would assume that's part of your challenge as well when you were looking at that initially. Nicki: That was the challenge that was presenting itself and that I was seeing people who were actually moving over to EXP because they tried to sell their brokerage's and or surprised at what they were the offers they were getting were not you know sufficient for retirement and so that became a concern for me. Kevin: So you're heading on another topic we're actually seeing and I've interviewed several of them lots of independent brokers who are decided to become powered by the EXP and so what Nikki's referring to is lots of the independent brokerage community is looking at exit strategy as well in other words. There has never been a time in which independent brokers unless they're enormous have gotten great offers. Right? You have to be of huge size to get anybody that excited and interested in you and other than that your margins and your income are to the point where you're going to get basically just somebody who says I'll do and earn now or I'll give you some nominal amount of money and you can stay around for five years and help us run it. And most people don't want to do it right? Nicki: Right. No thank you. Kevin: Yeah exactly so because of the branding and and you know Mitch Riback is an episode that somebody can go listen to out of Florida. Mitch had a huge multimillion dollar offer on his brokerage and he still elected to become powered by EXP. So what Nicki is talking about is something that's sort of an industry dynamic right now. You know if you own a franchise and you listen to this you've got a little bit of a different challenge right. You're going to have to make your own best decision on what to do. But everybody that was excited that I've ever met that actually opened a franchise location unless it's coming up for renewal and they're in the window in the last six months where they can get out. They're not very happy right because they're are sort of stuck with it unless they can find somebody to buy it. So we don't have a lot of great advice for you of your franchise so that although we would tell you that there are plenty of them who have decided to sell and cash out who have come over and join EXP. So there is a path for you to get out of it you'll have to do your own due diligence and figure out how to make that happen. But you're in a little bit of a different spot than an independent broker. So you know just work your way through that process will probably at some point in the near future have somebody that was a previous franchise owner and they'll talk a little about how they were able to unwind there by selling their operations. So Nicki I want to talk to you about the EXP value proposition because you know you you came through the process and you looked at wanting to be able to work with that organization and you know make donations and help them with that awesome thing they're doing to get people out of human trafficking. And then in addition to that you wanted to look at retirement. So how long was it before you kind of analyzed the equity opportunities and the revenue share that had kind of hit you up the side of the head and you went hmmm. This is completely different than when you know what I'm in now.. Nicki: A day or two. I mean it's like Jay says all the time when you see it you can see it. And I was one of those that had the EXP Somnia you know watching the videos the first night and thinking I mean I can think of a reason that you would not do that and then also to see that opportunity for the people on my team which that does exist really you know elsewhere for team members not just team leaders to the same level. And I wanted to be able to offer my team members more. And so yeah it didn't take me very long. Kevin: And what Nicky is talking about is the EXP insomnia or sort of just diving off the cliff into the information is a phenomenon we've seen. I've interviewed another independent broker who joined EXP where he was a previous client of mine on the consulting side. And I didn't go to him because of the way he ran his business. He wasn't potentially a good prospect. And his quote when I talked to him about it was he came to me on a Thursday. He knew I acquired a lot of independent brokerages and asked me who I knew that might be a good conversion fit. And I got a email from him and a text like midnight on Sunday and he's like I haven't slept. Can we do a chat tomorrow. It's interesting because as Nicki said the phenomenon is that once you get into this it's hard to fathom not digging into it and figuring out validating how you actually the world and I want to come back to something she said because we hear this a lot from rainmakers of teams. One of the challenges in addition to the one we already looked at is it's hard to think about an exit other than people and the this goes back to the star power days right. Everybody talked about will how much did you get for your business and what was in that era was selling your list than your database and they would sell them and they would potentially get the effectively referrals or referral fees or other fees on the back and based on that volume and everybody a few years into that figured out that that wasn't very much money. But by the same token there wasn't anything available for team members. Right? You know if you're in a franchise system and there are some of them Nicki and I come from the same one right there all about teams. But what they don't talk about is sort of the dirty little secret which is it's all about conflict right. The Rainmaker owns the team the the team members are there. And there's a built in conflict if they get to be what you two like to be attracting which is talent. And now you can't offer them the huge opportunity in those cases that they want to go start their own thing. Then one of two things happens they either leave the market center and go do it on their own somewhere else in the marketplace or they stay there and there's a little bit of strife and conflict. Well in the EXP value proposition because of revenue sharing equity and the ability for teams to actually develop talent from within. We've seen people tackle this a couple of ways. I mean certainly with revenue sharing stacking I'm sure this is the direction you went Nicki which is you were able to actually create wealth for them in the process of attracting more and more agenta and well we'll get into sort of your success with revenue sharing a quick period of time in a second but the second thing that we're seeing people do and this is just meant to be a comment for people from the outside. And this may or may not surprise you. Nicki there are a lot of people across the country that I'm talking to that are going to above market average meaning typical for market splits with agents and this is one of the ways of rewarding agents in addition to revenue share because they can afford to pay it right there are some in Houston Texas where over time as their revenue share grows they're doing a retention strategy with team members where they're paying higher splits and this what's just keep going up because their primary wealth over time is not dependent on getting as much money as possible on their team production. Nicki: Yep. There's So many different opportunities that we can cover probably enough that we find new ones every day. I can tell you that. Kevin: It's something that in a production business and these are some of the things that are not intuitive to people while we have this podcast from the outside is not only do you have the non conflict right in other words there is equity opportunities and if you watch some of the information and there's a link in the podcast notes the shows an intro video when we're talking about ways that people are in equity and revenue share. Team members can actually start to create some wealth by helping attract agents to the company and they do that because they interface with a lot of agents so you have a prolific team. They're out there doing transactions with their agents on that on the team's business and or are meeting agents at events networking events or just out in the marketplace. And now is that a retention tool but it's a wealth tool for them isn't it. Nicki: Yes which is the exact opposite of what you were just talking about that we're finding now making friends with no direct competitor are now were able to work together as even a larger team in our community. And it's been pretty amazing to watch and to experience people that you've known for years but now it's a different thing it's a different relationship a different environment that we are all helping each other. It's pretty pretty cool it's fun. We're having fun.. Kevin: And that's something that if you listen to Gene Frederic or about 90 % of people that I interview on this podcast everybody uses the same phrase which is we're having fun again and again. And because it's disruptive and we're all owners of equity in the company we're agent owners if you will. It's causing a different dynamic. One the politics are gone and you know she just talked about this in her marketplace. I had a guest on that I interviewed recently and she was the number two team in a Dallas Fort Worth market center. The number one team came over like a week or 10 days before her. Right. So she made the comment she said We are collaborating so closely now in our marketplace and for the years that I was in that market center we didn't ever hardly ever talk if at all. And it's interesting because that's a dynamic that occurred moving from a franchise system and their culture and the way the business operates to the EXP system where people are all pointed the same direction. It's a culture that you shouldn't ever let anybody from the outside convince you doesn't exist. It is in one of the things that every guest on this podcast talks about is doesn't matter where you were introduced to the EXP by. If you listen to one of these episodes and before we wrap up today Nicki will give her contact information. Like every other guest does. It doesn't matter how you heard about it. If a guest resonates with you you want to talk to them and you want to get that you know and dive in a little deeper on it. It doesn't matter it's not a matter of you being sponsored by them or you being in their revenue share group. Everybody is pointed the same direction we all want to help each other and I'm sure as you said in your marketplace that's what's happening we're overall whether you were previous competitors or not you're disrupting the marketplace aren't you. Nicki: Yes we are. That's why we call yourself the disruptors club here. So that's exactly what we're doing. Kevin: And that speaks to the point of somebody listening to this podcast will be in a market you know whereas we're recording this the company between active agents and people and process onboarding is way north of 10000 agents. So we get a lot of well joining you might be on a state or a market where there's a handful of agents maybe looking around going well you know there's not a lot going in my market and I'm not sure what's going to happen. And I wonder if it's going to work here. You know it doesn't matter if you looked at two and a half three years ago in Dallas where Sherry Elliott talked about being the 16th or 14th agent when they have over 800 now. It's a matter of time in your market and I'm sure in your market things have started to accelerate since you've come over versus where it was when you first looked at EXP. It starts to go fast doesn't it? I know you said you've started to collaborate your marketplace. So with that as sort of a precursor to the conversation about revenue share even with the EXP for only a few months. Nicki: Right. Just under four months. Kevin: You came from a system like I did where you were and profit share system and it was hard to figure out you know when and if you're going to make money because it's a more complicated formula and it really varies by whether the franchise location is profitable and the person does production now in a revenue share model you and I first connected because I happened to notice that you were talking about the fact that you were blown away from your revenue share checks compared to what you used to see in the other world. Let's talk about that for a couple minutes. Nicki: Yeah my post that I made that I think your are referring to is.. I'm a little shocked because I you know I was at KW all these years. And the first couple of years I was there I worked really diligently on recruiting and I got a couple of good checks and then you know lead dwindled down to I think my biggest one last year I can't remember. It was like 120. I think under 150 most checks are my last one I got was 18 dollars. OK. So this system works a little differently in which you're getting paid off the top that's the revenue share. And honestly I underestimated what my checks would be. And my last I don't remember what it was when I posted it but it ended up at the end of the month being about 14.44. Right at that. So the way I'm looking at that. To me I'm working at EXP for free. It's you know you take your cap and you figure with that is per month. Again why would somebody not want to do it now. You know anything more than that they're paying me to work there to be there. To me he brokered by them so I was amazed. Kevin: Most people don't realize and people listening to this may not have a good perspective on and I come from the same franchise system and there's nothing wrong with Keller Williams it's an excellent well led company they have great agents there but they live by the formula and the structure they've set up. So the story you just heard is not an outlier. There are plenty of people even people with large amounts of people in profit share that don't make very much money. You're dependent on the particular market center or market centers to be profitable person and not be capped at it all to occur at the same time and it doesn't mean you won't receive profit sharing or certainly not representing that. But what I can tell you very definitively is there are plenty of people that have success in the profit sharing system that now come over and been around longer than Nicki has and they are typically at about 10 times the pay out. And you after a couple of months are already at ten times what you were making before. And it goes up from there. In other words because it's so much of a larger number off the top and it's certainly not representing that everybody gets the same results. Right. You know you have to have an agent. They've got to be in production. But this is not a typical right. You can look at the formula and you can make your own calculation. Her comment of it being a surprise as to how much bigger it was and how quickly is not anything other than her success in attracting people to the company and people asking that question because I'm sure your phone rang when you made that announcement you're moving in they're like whoa wait wait you're going to be why? And then that resulted in some initial retraction and then because you're visible in your market you have influence more agents came over and that number will typically for most of the people including everybody we've interviewed on these podcast episodes grow over time. But for tying this down it's not unusual that it doesn't happen very quickly right. If you're influential in your market or you are active in your market production you're going to have people right off the bat don't be surprised if it's not the first week or two that they ring your phone and say I want to talk to you. I don't know how quickly it happened for you but I bet it was quick. Nicki: A day. Kevin: I have another guest it's coming up in an upcoming episode. He's on the East Coast and he said if I didn't have a conversation with somebody in the first couple of days I was getting a text or another message saying well you don't like me how come you're not going to call me and talk to me about why you went over the EXP. Nicki: Yep. Well I don't know if it's typical but that is what happened to so. Exactly. Kevin: It's a pretty interesting and fun dynamic. And you know just for comparison I gave you the examples listeners that you know people were joining EXP in Dallas a couple of years ago and there were you know 16 14 15 agents something like that and now it's over a hundred you know they have markets like San Diego they went from somewhat the neighborhood of 15 or 20 to 100 in 30 days. So it tends to accelerate quickly. Don't get confuse that if you're a particular market whether it's large or small it doesn't have a big presence of EXP agents. That's not the norm for it to stay like that very long. In terms of any other things you want somebody to know about EXP and sort of what you know now that you've been here for a couple of months. Any other takeaways that if somebody... doesn't matter if they are at Keller Williams and a franchise like you and I were or they're just an independent agent what would you suggest that from a due diligence standpoint they should be paying attention to. Nicki: I mean probably a little bit more for team leaders but also solo agents and that's the fact that you are not you know with the profit share we weren't really you know geographically limited but it did have that going on as far as my experience a little bit more but the opportunity here where I think it's going to really.. I mean it already is taking off but I think.. I keep telling my team you watch when everyone starts to understand that they can grow that revenue share anywhere. They're not limited to their market. So yes the market locally here is growing fast and this is a huge opportunity for us. But the fact that we're not limited really to this market and that we can... I mean there's we can.. any agent anywhere you know you can put in your revenue share so. When people start to get that I think it's going to blow up when they really start to get that. Kevin: Absolutely I was a team leader like Gene Frederic in the Keller Williams system right so I can speak to this directly. I mean the norm for how I would receive an agent that would I'd be in discussions with me as a team leader was much more heavily weighted in the local market and in the process was set up and oriented around that. Right? I was in South Florida and I would from my own agents in my market center get the vast majority of any kind of referrals. Every once in a while they be somebody coming in that was referred from somewhere else. But that was certainly not the norm. Now if you listen to interviews on this podcast it doesn't matter if it's Pat Hayes or Mitch Riback or Gene they'll talk to you about the fact that their revenue sharing group if you will is now multi state and also in the provinces of Canada and in the case of many of them they didn't have any direct relationship with a lot of those agents. In other words Pat said I haven't directly interfaced with any of the agents although I've helped people that are in Canada for example or a lot of these states and he's that I think in his case he was in you know some worries about 800 agents now and his revenue share and they're in like 33 states including two provinces of Canada in addition to that. So what Nicki is talking about is a phenomenon that EXP is very distinctly growing agent agent. In other words the islands of a franchise system like I used to run of the market center where the vast majority of the opportunities are presented to a team later and they convert and it could take a while right. Or it may not convert. It's very different than for example Kevin or Nicki having somebody that we've done a referral with in Nebraska or Florida and or we know them from a C or S training event or some other thing or Gnomon line. Right. And they've they've heard about EXP and now they see that Kevin or Nicki announced they've joined the company and they ask questions. They're much more likely because of the process by which they're onboard it at EXP to convert. And it's a whole different thing than what occurs in a franchise system and so what what I've done is kind of restated the dynamic that Nicki is talking about and it is something that until you see it start to happen agent agent and sort of virally from a social standpoint I don't think you're going to have a good perspective on it. It is not unusual for somebody to be with the company for a year or two years at least half if they have a decent sized revenue share group. They've been purposeful about it. They brought in their own set of some number of agents. They then will have agents in multiple states. It's almost like they have their own little virtual region as a Gene Frederic and I like to call it anything else we haven't covered today and then I'm going to have you get your contact information in case anybody wants to reach you. Nicki: I mean again and or just everyday we say that we're just blown away every day like we say mind blown every day because there's so much more we could cover but we're talking about mostly revenue share right now. But I mean just the fact that they make the splits to where people can afford to be on a team you know which is where some people need to be to get the idea that they need you know to learn the business. I could go on and on. It's been a big blessing for my team and for my family. Now we're happy. Kevin: Great. I mean some of the stuff that like you said we can go on and on about is the company is highly highly focused like you are on productivity and lead generation right they're set up to support either solo practitioners or producers and teams both from the standpoint of the CAP system the splits and the ability to structure correct and then the tools right. As a matter if it's the technology tools including things like conversion are core or anything else is in my opinion second to none. So if you're an agent out there listen to this and you are productivity based and you are serious about your business you owe it to yourself to dig into it you know and go back to the person who introduced you to EXP. If you want to talk to somebody within the company ask them to find you somebody that's a peer producer whether you're a solo producer or a big producer or with a team you're a rainmaker or listen to this. There are plenty of us right does matter if I get the call. If Nicki gets a call or Gene Frederic or Pat Hays no matter who it is you'll hear it on every one of these guest episodes. We're all here to help you make the right decision. We're not perfect for everybody as far as a fit but we certainly are perfect for a large majority of the real estate producers. All right so once you give them your contact information just somebody listens and they want to reach you. Nicki: OK. You can reach my cell phone 806 316 4498 and you can reach me by email. Nicki.Gregory r@exprealty.com Those probably the best two ways to get me quickly. Kevin: Excellent well thank you for coming on the show. Nicki: I appreciate it. Thank you so much.

Hailing from Canberra, Australia, the 1992 sophomore album Psychohum by the Falling Joys is what alternative or college or indie rock, however you want to classify it, looked to be heading pre-Nirvana and Pearl Jam. Eclectic and unpredictable, with guitar tones and vocals that easily slip between shoegaze, jangle pop, new wave and mainstream rock riffing, the Falling Joys sound like a band hitting their stride as songwriters and musicians. Led by vocalist/guitarist Suzie Biggie, who manages to invoke 79/80 Blondie one moment and Spooky era Lush the next, pulls off a wide array of styles with melodic cohesion. Paired with bassist and vocalist Pat Hayes on tunes like Incinerator, and Stuart Robinson's effected riffage on a song like God In A Dustbin, there is a lot to like about Psychohum. At the same time, that uninhibited approach can take a band down some lesser advised paths, with odd tangents into Chili Pepper funk and Sinatra swing. Which approach wins out? Tune in to hear our take on Psychohum. Intro - Dynamite 10:16 - Black Bandages 15:05 - Incinerator 19:50 - A Winter's Tale 22:17 - Lullaby 24:36 - Fortune Teller Outro - God In A Dustbin Facebook / Twitter / Instagram   Zazzle Merch Store   http://www.digmeoutpodcast.com

Hailing from Canberra, Australia, the 1992 sophomore album Psychohum by the Falling Joys is what alternative or college or indie rock, however you want to classify it, looked to be heading pre-Nirvana and Pearl Jam. Eclectic and unpredictable, with guitar tones and vocals that easily slip between shoegaze, jangle pop, new wave and mainstream rock riffing, the Falling Joys sound like a band hitting their stride as songwriters and musicians. Led by vocalist/guitarist Suzie Biggie, who manages to invoke 79/80 Blondie one moment and Spooky era Lush the next, pulls off a wide array of styles with melodic cohesion. Paired with bassist and vocalist Pat Hayes on tunes like Incinerator, and Stuart Robinson's effected riffage on a song like God In A Dustbin, there is a lot to like about Psychohum. At the same time, that uninhibited approach can take a band down some lesser advised paths, with odd tangents into Chili Pepper funk and Sinatra swing. Which approach wins out? Tune in to hear our take on Psychohum. Intro - Dynamite 10:16 - Black Bandages 15:05 - Incinerator 19:50 - A Winter's Tale 22:17 - Lullaby 24:36 - Fortune Teller Outro - God In A Dustbin Facebook / Twitter / Instagram   Zazzle Merch Store   http://www.digmeoutpodcast.com

Daniel Beer Interview Joining us today is Daniel Beer. Daniel is the CEO of Daniel Beer Home Selling Team in San Diego California and has been in real estate since 2005. In 2017 his highly leveraged team was the top producing team in Southern California. Daniel shares his story about his business with us, talks about his decision to move his already successful business to EXP Realty and explains why he believes EXP is the most important opportunity that has ever existed in the Real Estate industry.  Learn More about eXp Realty - Click here to watch a quick 7 Minute Intro Video. Remember our disclaimer: The materials and content discussed within this podcast are the opinions of Kevin Cottrell and/or the guests interviewed.  This information is intended as general information only for listeners of the podcast. Listeners should conduct their own due diligence and research before making any business decisions. This podcast is produced completely independently of eXp Realty and is not endorsed, funded or otherwise supported by eXp Realty directly or indirectly.     In this episode Why EXP is the most important opportunity in Real Estate  How easy it is to move to EXP Many mega agents are making the move to EXP Creating revenue and passive income through EXP EXP is currently the fastest growing company in Real Estate The benefits of moving to EXP in these early stages EXP is like buying in to a business without paying for it Want to Learn More about eXp Realty? If you are interested in learning more about eXp, reach out to the person who introduced you to eXp or contact Sean to inquire or ask questions. Contact Daniel via his website www.fastforwardwebinar.com   Noterworthy "It's killing the traditional model and this is the highest value proposition available today to people selling houses." "Me being at EXP has nothing to do with wanting to move away from Keller Williams vs it actually just has to do with me wanting to move towards something that I see as being a phenomenal opportunity"  Daniel Beer   PODCAST TRANSCRIPTION KEVIN: Welcome to the show Daniel. DANIEL: Thanks Man. It's good to be here. KEVIN: Looking forward to the conversation.. The market and the industry are a buzz when you made the move recently but before we jump into all that why don't you give a little bit for those that maybe are listening to this that don't know you personally and know what you do as far as your real estate practice a little bit of your background. DANIEL: Sure. So having been real estate full time since 2005 and this past year 2017, my team was the number one producing team for all of Keller Williams and the Southern California region IGCI. And number two buy units. So we closed 222 houses for 164 million dollars in sales volume. We have what I call a highly leveraged fully built out team everything from operations, listing management, transaction management through company listing, showing agents inside sales and of course our sales agents or sales executives. It's been an incredible journey. And I went through the same Genesis that I think a lot of agents go through. I like most other stumbled into the industry. In 2005 I was 23 years old and my dad was about to sell a house and of course I got licensed because it's unfortunately are too easy to get licensed. And I started selling homes basically just doing friends and family business and that was cool. Up until the market crash.. The market crash happens we all know how devastating that was. All the friends and family business goes away. And I'm left to either make a decision to leave the industry or learn how to build a true business that can predictably systematically create leads in income for my family. So fast forward there were a lot of learning that you know that I went through is some winds some fails and here we are today having a ton of fun and now at EXP man I can't even begin to tell you how energising this has all been. I haven't had as much fun in a long time. KEVIN: And that's great. I like Gene Frederick we're team leaders and in leadership at Keller Williams I was with Aaron Lancaster and Andy Allen in the early 2000s and they had a team and we ran and we were doing about 600 transactions a year and that was the genesis for the whole MREA and so we thought we were having a lot of fun back then but it's nothing like this. So tell me about the process. Obviously well before you decided to move you started to hear about the EXP and you start seeing agents moving. What was the genesis for you making the decision to take a major big business like yours and make a change. DANIEL: Yeah it was an interesting journey. And so for me my personal story goes back to being in Gary Keller's mastermind of killer Williams so I have to say by the way it was a wonderful company. I was very very happy there and me being he has nothing to do with wanting to move away from kW vs it actually just has to do with me wanting to move towards something that I see as being a phenomenal opportunity. So anyway I was at Keller Williams. I was part of Gary Keller's mastermind. And you go back over a year ago. All of a sudden in our group we had a Facebook group. We suddenly started having people asking you know and making comments asking questions about EXP. And you know questions like "EXP just did this in my market" or "what are you guys doing about EXP saying this" or taking this person or "oh my god you hear we lost that one". And I found that to be really interesting because first of all I don't know who the EXP was. I had never heard of it. And of course at the time it was like a 2000 person company. And so I started to asking myself this is where do you think it's curious that the most elite group in the biggest company in the world or at least in North America is talking about some 2000 person company. But I have never heard of. So that's over a year ago and you know going back to say mid 2016. And the interesting thing about that too is that.. that group never talked about Berkshire Hathaway and they never talked about Remax they never talked about Coldwell Banker. They never talked about anybody. Yet they were talking about some little 2000 person company. So that's kind of interesting right. That was my first introduction to it all. I have another group that's a very very high powered mastermind. Everyone's number one or two in their market. There's about 35 or so people in it and that group all of a sudden three of them went to EXP. I'm talking about big heavy hitters. And so I learned the model and Kevin I think this might resonate with you. You know there's an evolution in this whole thing just when you hear about it, there is when you learn the model. So you go back over about a year ago. I understood the model okay call their stock. There's revenue share. There's the fact that you keep selling houses right? We're not being asked to become essential oil sales or anything we're just simply selling houses as stock revenue share. Cool. I got it. That was a year ago. But then there's when you finally kind of see the entire picture come together Kevin and you see the real power of the opportunity to step into the fastest growing brokerage in the country in the very beginning of the first inning. And when you see real productive agents start moving into the business. For me that was Curtis Johnson. Johnson was another guy that I was friends with he's a guy I followed actually been stocking years back before we knew each other. I was trying to learn from him. Now all of a sudden he goes yes. There's just that moment when you say wait a second what is going on. Too many incredible smart strategic business people that I respect are making the same move to the same group that Gary Keller's private mastermind's talking about. That's interesting. And so... you know I'll take a pause here Kevin in case anything to throw in there but when you start seeing that and then start seeing how truly financially incentivize the people at EXP are to help each other and essentially make it true the thing that we all tend to say in all brokerages that we are all for each other we want to share. We want to do this. Not in my market right or not too much. Not my true secret stuff. Well I started finally seeing a model that really incentivize people to open up completely and help one another because everybody financially benefits and the power of that and being able to go from one bucket of income to three right? just simply selling houses getting checks. It's also owning your brokerage and having passive revenue became so compelling that I made the move and I have been having a ton of fun since. KEVIN: Couple of interesting tidbits that you'll know who I'm talking about I'm not going to mention by name because I've got a good friend and he's in St. Louis and he's got a mega mega team like yours Daniel. I mean he was my mastermind in St. Louis when he was just getting started and I had my team and we were the number three team in the market. So I was talking to him about EXP and he said I get it. I know the model. Don't worry about it. Let me tell you this I've been accumulating stock and EXPI for over thirty four months. I've got thirty or forty thousand shares. I can't tell you the number of people. And he's with an NRT company. So guys like that are buying stock and the EXPI. There's a mortgage lender in central Texas. I think he's got close to 50000 shares. The industry is betting that this is the new model. And so some of the stuff that you know I just wanna throw in here because this predates your entry into KW and I agree with you it's a great company for people like Gene Frederick and I and others. We were there in 1999 when Keller Williams was a small little company and I'm going to tie down why you said it's kind of interesting to you to give you some perspective. Gary Keller and the team and the regional directors are all getting ready to launch a ton of market centers. They've got somewhere around 50 700 agents in 1999 and they have to go through the process of fining agents finding investors they have to go the 14 to 18 month process that other people have talked with me about on other episodes mentioned this. It's a slow process right. I could have met you in San Diego. Got you all excited about a market center and then 18 months later we'll be all through the process and opened. So now Brent Gove and I always give the story because it's most enlightening when you listen to his interview you'll hear him say this. He was in San Antonio for the EXP meeting met with Glenn met with Gene met with the team brought some people that were his best Devil's Advocates said poke holes in this model. Tell me why I shouldn't do this. Ten days later he is up and operating as the EXP and basically being powered by the brokerage. So the reason that people like you are seeing these antidotal people dropping in and out and it gets mentioned 12 times at fam reunion is this is Netflix versus Blockbuster. If you're sitting in the private room with Gary Keller's insiders not the people in the company but the guy that he's paid millions of dollars in consulting fees to they're going to tell him this is Netflix vs. blockbuster. You have all this bricks and mortar. You have all these franchise locations. It's a great company but so is Blockbuster and they couldn't pivot they didn't pivot. DANIEL: It becomes very difficult when you wrap up in hundreds and hundreds of franchise agreements. KEVIN: Absolutely. The interesting part about that I wanted to tie that down is there were fifty seven fifty eight hundred agents now eight years later they were at 78000 agents right. They executed extremely well. There were a bunch of us in leadership and I ran some market centers in South Florida. Gene was regional director as well as a team leader and phenomenal model lots of execution. The thing is and this is where Gary and the others realize this if it takes some 14 18 months to open a markets and with 100 agents EXP adding agents at 250 plus per week and you don't need a slide ruler to do the calculus to figure out if we're disproportionately high on producers like you or in the parlance of the franchise system cappers or better they can figure out what the picture looks like in 3 years when the company has 100000 agents. And I want to do two more data points you may not even know this in a one week period somewhere around Baltimore one of the market centers number one through five at one market center in one week they all basically said we're going EXP. So that is how you end up with a small little company being mentioned 12 times at fam reunion. The momentum is crazy. DANIEL: It is an incredible thing and here's how you know I truly believe this will be the first 200000 person company in North America. And the reason why and that it will also get there much faster than what is currently the biggest company is simply because let's imagine that you're an agent somewhere in remote Montana. Okay. And you want to be at Keller Williams and let's rewind right years back is I don't know where the market centers are but let's imagine it's the year 2000. And you want to be a Keller Williams And you're in remote Montana. Well they had to award the franchise fine the space build up the space they need to get X amount of what they called capping agents to be able to finally launch. And then eventually you can join that. That's a long process. If an investor chooses to build a market center in your area. You know that's that could be a one or two year process there. And again if they choose to build a market center in your area well you could be on a remote mountain top somewhere in Vermont right now without an agent within 500 miles of you and you could be speed this afternoon. And that is why this company without the restrictions of brick and mortar and traditional franchising territories and regions. When you remove all that you allow scale to happen at an exponential rate versus what companies not just in real estate but in any industry can traditionally experience. And so when you take all that in when you hear a guy like me that know I've had the privilege of being connected to some of the most incredible producers in the country I have a unique point in that I know what those conversations are. I know there's market centers being quickly unwinded so that people can move to EXP I know that headline making names across the country across every major city are all in motion right now. Right now is an opportunity that I saw to essentially step into Keller Williams in 1990 and in the very beginning the first inning. It it's been around for nine years by the way. But I would still say this is the first inning of a productive agents that will quickly and exponentially grow the awareness and the conversation which is already the loudest conversation in our industry is only being magnified each time one of these large producers in a different region nor a different city moves to EXP and the real aha is that if you can do that and you can have world class uplined support from big influential names and people and you're the first productive agent or among the first if you're in this first wave the first inning of agents that are really selling house it's moving into it. Yes. Well everyone wants to know about it. The conversations will naturally flow to you. What I saw Kevin is an opportunity to essentially own my region. It's like buying a Williams region without ever having to pay for it. And that opportunity was when I could not even I had not pass up. And this happened just like that right?. This is the loudest conversation in our industry. KEVIN: Absolutely. I mean I want to come back to what you just said because for people we've been talking a lot about wins it doesn't matter if you're at Remax or even if you're independent. The analogy of the fact that you can build a business where it's the equivalent of owning a region something that was out of reach for anybody in the franchise systems is the reality. And so if you're Daniel Beer and you're a major producer in your market and you have a couple of choices for additional income this is where I see the next phase of this momentum and rapid growth. You could go expansion right go into multiple markets and there's a lot of the franchise focus on that and certainly we're starting to see a lot of talk about this loud conversation from people looking at the EXP from an expansion standpoint and there's a lot of momentum there but it's that revenue share regional ownership if you will in the building a business around that that we have enough demonstrable examples whether you listen to the episode by Pat Hayes look into the Gene Frederick ston or even Sherry Elliott and Dallas. It's incredible now and I think the market with this loud conversation can no longer go. Well yeah. You know what they don't have anybody that has any real success because now regardless of how you've been introduced to this episode or any of the other episodes and as my guest ask whomever introduced you to EXP to go get you success stories. It doesn't matter if you want to talk to Daniel you want to talk to me Gene Frederick Pat Hays. We're all agent shareholders we're all here to help you. And again I want to get your perspective on this. Isn't that the craziest part of this culture that's not apparent from the outside. Anybody will help anybody because we're all age owners we're all either going to benefit through share or through our ACLI because the stronger the company can become the more our stock is worth in the most simple terms. Like I said the math finally makes sense. It's the first time it's been able to put the numbers and the altruistic or altruistic aspirations finally in alignment with the numbers and the math. It's a beautiful thing. And here's something I was listening to as I might say to myself OK that's helpful and great. So the 160 million dollars of real estate in the last 12 months. Sure. What about me. What I have seen over and over and already has set for us here locally in San Diego just within our first literally the beginning stages of us being at the company is if you're 5 million or 10 million or producer if you're an agent that's been operating with integrity showing up as a professional in your marketplace you are vastly underestimating your influence whether it be at a branch level or a zip code level a neighborhood. A town or county or city or state your region your underestimating your influence and keep something in mind. Again you're stepping into the loudest conversation only is being magnified by every big iconic agent keeps coming into the company which seems to now be happening on a weekly basis. So I'm stepping into the middle of that and your boots on the ground doing deals. Talking to agents talking to a hundred plus agents on a yearly basis. No one's asking you to go become a recruiter. In fact make sure you keep selling houses. Do what you do sell houses. All you needed really did was alter 10 percent of your awareness 10 percent of your script when speaking to an age. Something as simple as closing a deal out with somebody and just simply calling them hey is great doing that. You know what let's do another one soon. Let me know. Let me know if you listening coming up. You know I had the same conversation you're already having. And then just adding. And by the way you mentioned earlier during our transaction you know you'd asked me about EXP. We're actually having an event or there's this wedding or going on or blah blah blah. What I'm trying to say is that someone like me someone like Kevin and a lot of other folks across the country there's a lot of opportunities to it regardless of sponsorship there's a lot of people like us that have already created the system. Or you could just alter 10 percent of your awareness and introduce people into the system so that you can continue to do what you do and sell houses. You're going to go from what I call one bucket to three real estate sales but can we just sell a house and get a check. Transition to now having ownership. Because you actually get ownership simply for doing their jobs and having passive revenue here locally. Kevin like it points out an agent great agent just you know your bread and butter productive long time respected agent. She's not a YouTube star she's not on stage. She's just doing what she does in her local market place for some time. And she has five hundred ish dollars of profit sharing the last 12 months that her previous company her revenue share based on which she's already introduced. It's unnatural attraction and conversations coming to her is already on track for seven thousand dollars this year. And I think that's incredible. I think that's the most incredible thing because it makes seven thousand dollars in passive revenue in San Diego. You need to invest about a hundred and twenty thousand dollars cash to do it in real estate on a rental. So that's power. KEVIN: There are tons of examples and you're going to see them on these podcasts episodes. I mean I always love to tell the story of Sherri Elliott. It's one of the other episodes she was age at number 14 in Dallas and they have over a hundred there now. So when you look at the growth of the company the other thing I want to point with that comment is even if Daniel's point you're in a market where there aren't 800 agents. Here's the deal if you're in a market like San Diego it's coming. Right. Less than two years ago Dallas had 14 agents they have 800. Austin's over 315. I'm just picking a couple of markets. Daniel have every confidence that you'll be at a huge number in the southern California San Diego market and it will be but here's the point nobody in real estate does a good job of saving like you can with an opportunity like EXP. I want to talk about her two numbers that she talks about publicly. One is the equity she's been hurt less than two years she participates and in the GCI program where she dedicates 5% right? And if you're at a franchise and you pay that royalty. Think of it as the same thing off the top she has. And when she told Gene this recently, even hundred thousand dollars in her stock account in EXP stock and less than two years. So I challenge anybody listen to this. If you're an independent you're in the franchise model and where you are you're never going to see something like that. We were telling the story and one of the lunch and learn actually explain meetings and one of the three agents from Austin was in there and she said well I don't know nearly as much business as Sherry does and this is your point. I probably do a tenth of what she does in production she said. Isn't it interesting that my stock portfolio in less than two years of the EXP stock is 155000. I've never seen that much money in a investment account my life. Those are why Daniel's point of you don't have to be 150 million dollar producer with a big team. You could be a capper in that parlance. DANIEL: Well the story I told news about someone that's been in the company for three weeks its simply for this reason. And really this is the thing that people have to take with them. If you go and see who's making six figures profit share. Keller Williams which again a wonderful company that I love respected. Gary Keller will forever be one of my biggest influences if he goes to you. Who's collecting six fingers of profit share at Keller Williams what you're going to find is that it's not the superstar agents it's not the guys on YouTube on stage and being created around panels and it's not the celebrity agents that you whose names you know today it's actually the people whose names you don't know who were simply there early period. Now that doesn't mean they just showed up and didn't do it thing. And he EXP isn't that either. You can't just show up and not participate. It's not a get rich quick and just you just sign here you a million. No that's not what it is. But the people collecting six figures of profit share at KW And that's profit share revenue sharing exponentially more powerful only to talk about why in a moment. And a key reason why as we go deeper into it the number one reason why is top line revenue can't be manipulated. People collecting six figures of a profit share in this. You have to allow them to land. It's not a celebrity agent. It's not the people you saw on stage at the last conference convention etc. It's people that were there early. In my view is 1995 all over again being given the chance to enter. What's about to be the fastest growing company in the history of North American brokerage and I might be wrong right. I mean I've done an incredible job of being right more often than not in terms of my vision of where to take my business which is how we've got here. But I've also been wrong but was a guy like Curtis Johnson also rock the guy like Jay Kinder was a guy like Frank go wrong and Gene Frederick are all of these producers Kyle Wessell 200 million dollar producer was he also wrong are we all seeing the same thing and are we all wrong. Well I'm excited to find out. Here's the thing. The odds of all those people being very low and if we are we'll just go back to selling houses because that's what we're doing is we're selling houses. And so you obviously can hear the enthusiasm and buy my voice around what's going on here. It's just been on fun I keep coming back to that. You know what I'm talking about Kevin like me the amount of energy that you feel around all this. It's something I hadn't felt until... KEVIN: Absolutely I would agree with that completely. Before we drop off today if somebody is listen to this and they want to reach out to you and talk more about it what's the best way to reach you. DANIEL: Well two things you could do. One is my name is Daniel Beer. So just like the drink I'm easy to find. Go get me. Call me e-mail me it was jump on a call. The others go to fastforwardwebinar.com spell out the whole model. We spell out exactly why we've done what we've done not just my self on the way but some other mega producers that have made to jump as well. Independent brokerage's you know I'm giving you the KW because that's my history but independent brokerages are seeing that this becomes a platform where they still get to operate their brand. They're what they wanted to build their brokerage associates operated they just can get rid of this stuff it's not so unlike the broker stuff repurpose that time to building your passive revenue it and not have to take your eye off the ball at all as it relates to real estate sales. So you want more detail around it it is fastforwardwebinar.com and yeah it takes a whole webinars. The reason why is it's a completely different model. It's a model that I hadn't seen in my entire career. And it's just different. And when we've been looking for what's going to disrupt our marketplace. You know Kevin we always thought it was going to be someone that would create a button that would allow a buyer to purchase a home. That's actually not where the disruptions coming in disruptions coming in the brokerage space and how the agent is demanding value from their brokerage on a level that had never been previously demanded before it and that's happening more and more. It's killing the traditional model and this is the highest value proposition available today to people selling houses. KEVIN: Absolutely I agree with you. Thank you so much for coming on the show. DANIEL: You've got it!

Former Team Leader Brent Gove Joins eXp Realty from Keller Williams On Today’s episode we have Brent Gove. Brent has been in real estate for about 21 years. He spent 12 years at Remax and 8 years at Keller Williams before transitioning to eXp Realty. Brent’s business is currently in 37 states, and he has over 1,489 brokers and agent associates. In this episode you’ll hear about Brent’s experience with the market crash in California in 2005, how he found himself at eXp, his thoughts on the eXp business model and what’s taking place at eXp Realty. Learn More about eXp Realty - Click here to watch a quick 7 Minute Intro Video. Remember our disclaimer: The materials and content discussed within this podcast are the opinions of Kevin Cottrell and/or the guests interviewed.  This information is intended as general information only for listeners of the podcast. Listeners should conduct their own due diligence and research before making any business decisions. This podcast is produced completely independently of eXp Realty and is not endorsed, funded or otherwise supported by eXp Realty directly or indirectly.   In this episode Culture and growth at eXp Other companies in comparison with eXp  The transition to eXp Want to Learn More about eXp Realty? If you are interested in learning more about eXp, reach out to the person who introduced you to eXp or contact Brent to inquire or ask questions. Contact Brent via text at 916-223-5555 Noteworthy “I saw the benefits; webinars that explained how to acquire stock, how to get leads, the five to 10 Cloud classes a day to train my team and then the revenue sharing component. Those four things, I was like wow this is this is shockingly better than I thought it was going to be.” “I am ten times more excited to be at eXp because of what it does.”   SHOW TRANSCRIPTION KEVIN: Welcome to the show Brent. BRENT: Thank you Kevin. KEVIN: Well for people that maybe haven't heard of you before which probably not very many. Can you give a little bit of your background in real estate because I know you and I both were team leaders at Keller Williams but you've done a lot team wise as well. BRENT: Sure yeah. Been in real estate since 1996 or 1997 I can't remember what year it's been about 21 years now and you know start off struggling like everybody else. Then he kind of figured out at the end of your first year in year 2 I did better three I think my fourth year I sold 48 homes. I kind of found my stride. Friend of mine talked me going to Toronto to hear Craig Proctor who at the time was the number one Remax agent in the world up in Toronto which Craig Proctor super conference loved it. Met great people like Jeff Williams and Jay Kinder and Todd Walters and all kinds of wonderful people spent years learning that system and I went from 48 sales a year which I was matched to over 400 sales a year then 169 million in annual volume. And really when you are about leverage and building a team and then of course the market crashed in summer of 05 in California. I remember June I closed on 55 homes in a single month, got paid 55 times in a month which is great. The guy netted about 288.000 net that month so I was a good month financially. But you know we bounced around you know it would go 55 45. You know it might drop five or 10 sales but the next month we closed on 19 Homes we'd never drop like 35 sales and I thought that maybe we were distracted with the Fourth of July and I took the team to Scottsdale go golf and how fine and then the next month 17 and 14. By December we closed nine homes and I had 47 buyers agents working for me and that was our total close volume by December forty nine for forty seven agents. Everybody went bankrupt. Everybody lost their homes their cars. It was brutal. And that happened this summer and fall 2005. So people said oh the market didn't crack until 08, 07 maybe around the country but in California it was 2005. And so from there things got worse. By 2009 it was just I was losing 30 40 50,000 a month for years and by 2009 Keller Williams came knocking on my door. They said hey we'll pay a base of 288 thousand plus bonuses up to half a million come believe Remax be a part of Keller Williams. You can keep running your team to normally do. But that's the only way I would come and I came and it was great experience for me of course Remax said it will be terrible you'll hate Keller Williams and you're making the biggest mistake of their life it didn't matter where I would have gone whether it was Coldwell Banker Century 21 or wherever they would have said it was a terrible idea because I was leaving their team and gone for the opponents right thing. They were wrong though Keller Williams was way better for me not saying they're better than Remax it is better for me personally. They were wrong. Keller was great. I was there for eight years. So 12 years a ReMax eight years. Keller that was my 20 years. Then about a year ago I left Keller and you know I didn't like Keller at that time I loved him. Was never ever ever going to leave Keller Willaims. What could possibly be better than Keller Williams used to run the number one franchise in America. We made more money in 2009 than Austin Texas. Our Roseville Keller Williams is markets and it was number one and profitability for the entire nation. And that was in 2009 and last year I left the company that I loved and I was of the value proposition for eXp was so powerful so amazing I had to leave when I did. Of course Keller Williams like Remax said hey it's a huge mistake you're making a giant mistake don't do it. And bottom line I was leaving their team for the opponents team and they were wrong. My last 16 months here at eXp has been nothing short of miraculous and life changing and unbelievable. So in 45 days I get to retire from real estate. I don't have to list homes anymore. I listed a bunch of homes this week. Presenting three offers now I've sold three to me personally not my team me I'm a very active agent. But in 45 days I get to retire I'll give all my listings to my listing specialist on my buyers and I'll just kind of run the team and keep an eye on it. But it was the eXp that got me to the point where I no longer had to bring in a sixty thousand dollar a month monthly income to keep the lights on you know to pay my home bills and the office bills and the overhead it was 60000 a month. Well because we don't need to govern that money anymore. It's been amazing. And now I'm at eXp and absolutely loving it. KEVIN: You know Brett what's interesting about your comment and I would echo what you said right. I was a team leader at Keller Williams and was there and a big team in St. Louis Missouri and the most common comment is what you just said which is most of us were extremely happy. We were very happy where we were. And it's almost like we were sort of astonished at this value proposition of eXp realty that came by and went Wait a minute. I can't not look at this because I'm a business person. I think you're like decisive like I am right. Driver personalities and I know you dug right into it and you made a decision pretty quick didn't you. BRENT: Ten days but I was fortunate enough when I saw the benefits webinars that explained how to acquire stock, how to get leads the five to 10 Cloud classes a day to train my team and then the revenue sharing component. Those four things I was like wow this is shockingly better than I thought it was going to be and wow I don't have those six ways to acquire stock Keller Williams so I don't have the ownership piece and the revenue share piece and that literally saw a way to earn over a million dollars a year outside which I will do twice that much this year. But outside of real estate sales to make a million dollars a year, I go that is significant. So the benefit I had just dumb luck was the very next week they were doing their annual convention in San Antonio Texas. They're like hey if you're crazy get yourself an airline ticket get out here next week and meet us meet the founder of the company Glenn Sanford. Meet the CEO Jason Guessing. Meet Vicki Bartolomé our president. Come out here and meet us. And I said I'm crazy and I bought three roundtrip airline tickets. Seven hundred each. Because it was last minute was 2100 dollars just for the airfare. Bought tickets to the event it was like 300 400 bucks for each person. I spent like four or five grand to come check out eXp as a Keller Williams agent. I brought my CEO chief operating officer who runs my company and I brought a local independent broker with me. I said look we won't be going to San Antonio if I wasn't excited I won't be paying for all this and do all this I am interested. I'm excited about the opportunity. So I don't want you guys to come here be excited. In fact I want you to come here and be negative. I want you to tear this thing to shreds. If there's a fly in the ointment let's find it. Either this thing passes the mustard test or it doesn't. And we must have interrogated a hundred people over that three days brokers from Colorado or New York or Florida agents that were brand new in Seattle that were brand new in Phoenix. The agents had been doing this for four or five years in different parts of the country six seven eight years and were like really did they do they pay like like they slow pay. They were bounced the commission check. Did they pay revenue share every month. Do they pay late and have they ever bounced the revenue share check and basically it came back roses after three days and so because I was able to see the Webinar, fly to Texas that next week I left Keller Williams. Never thought I'd do it. Loved Keller was a wonderful company. They just don't offer five to 10 training classes a day. They don't have the lead component. We're able to turn on people's phones and deliver 100 to 300 leads a month to their phones that will change an agent's life. The training and the leads are then finally six ways to acquire stock. I have about half a million. After 16 months after past 20 years zero I like my program better. I then find the revenue share to a company that would share revenue because we're cloud based they could do it. Are these other companies cannot copy the model because they are going to pay for these behemoth offices and so the whole cloud based things huge so I think that was a long answer to a short question. KEVIN: You touched on some of the stuff in the answer that I was going to drill down on. So for anybody listening to this you know Brent had this rocket ship ride and if anything it's accelerating even further now. So Brent you join and you were a team leader and granted the timing worked out and it was 10 days but you were a team leader at Keller Willaims before as I'm going to ask you a question that I know the answer to because I was a team leader just like Gene Frederick was for a long time for a guy like Brent Gove and his team to move in 10 days when you were a team leader in a previous franchise system. Did that ever happen? BRENT: No no no it take months sometimes a year or more to get people to move. I know Keller Williams started talking to me in 2001 and it was only in 2009 in the bottom of the worst market correction since the Great Depression were they able to get me to move. It took them nine years to get me to move and eXp the value proposition was so great. Dave and Keller flew me to Texas took me out to steak dinners brought me all kinds of events and the last two years there was a hard push from 08 and through 09 or 07 and 08. So whereas eXp I paid for all my own stuff. I mean eXp didn't even buy me a cup of coffee. The value proposition was so powerful. I was gone in ten days so that we see that all the time. It's irresistible. KEVIN: Well for somebody on the outside that is now because we'll talk about what's going on 16 months later is what's going on now has to be shaking their heads right. If they're in a large franchise system whether they're in one of the big massive market centers or they're in a established Remax operation or even an independent they look around their marketplace and they're seeing massive movement. I mean I talked to somebody the day before yesterday and the comment was we're in San Diego and I've never seen anything like it. Right. Well you know Daniel beer comes over and then they go from like 10 or 15 agents at eXp in that market to 100 in less than a month. So yeah the comic you get on a rare occasion I know you have talked about how many states you have agents in a revenue share now but the comment that sometimes in I'm gonna make this statement people will say well in my market there aren't very many agents. Maybe it won't work here. What do you say to that. BRENT: My gosh escape your market. Here's a cool way I used to live in Chico California college town. And when I finally moved down to Sacramento a suburb of Rosewell my income went from you know I was making I don't know a 150 thousand a year 180 to over 400 thousand a year because I moved to a bigger market. But if you don't want to leave your town which many of you don't. Here's a way by telling people about the eXp you're able to escape your town. I have an agent who joined us up in Anchorage she has 60 listings now there are 60 eXp listings overnight in Anchorage. Talk about an expansion model. Honolulu Hawaii we have that number one Keller Williams luxury agent one of them doing one to five million. She moved the eXp. Now I get paid on wholesales in Honolulu where in 37 states they answer your question. But my first year I thought I think it's a work I got admit I like well it's either going to work or not I'll get me eXp six months. If it doesn't work I'll go back to Keller Williams, they'll take me back. Six months later it had worked beyond my wildest dream. Some people this is your stay at your company. I could have done that. I had the regional owners begged me to stay offer me ownership offer me. What do we have to do to get you to stay. Nothing. I know what Keller Willaims is it's great but he can't offer me this opportunity. I'm going to go try it but I'll be honest with you. Kevin I go six months it's either good work or it's not. And my first year I earned almost half a million in stock over 400000 and I got paid liquid cash over 500000 in rev share. When you combine the two that's 900000 dollars outside of my team I came to the eXp with 18 agents at the end of the year I had 18 agents. They were 100 percent retention. It was funky or weird. Some of them would quit. It's an important distinction to note. We had a 100 percent retention zero attrition because they're all acquiring stock. They're all acquiring revenue share they're getting more leads and they're getting training. They love to have 100 percent there year later. Plus we added five more buyers agents wasn't even trying to do that. So now 23 unbelievable by the way. We just had a star agent in the San Francisco Bay Area Los Gatos just leave Keller Williams. This year he'll do a quarter of a billion in sales. His name is Brett Jennings. Gary Kilar heard about it last week. He said called him up personally said get on a plane come see me in Austin. I've arranged for you to fly out tonight. First class ticket on a red eye. You'll get here tomorrow. Gary spent six hours with Brett and said hey here's what we're doing. It's amazing. Brett Jennings came back and he thought long and hard and that was this weekend and Sunday night he packed up his office with his agents and his staff. There were close to 20 there in Los Gatos this morning in Los Gatos the Silicon Valley the Bay Area. They come in their star who's doing a quarter of a billion. He the number one Keller Williams aged Northern California Hawaii. His office was empty and he Just in ya know some trash cans and desks and tables left in office. They were free. Talk about a mic drop where to go. People already call me he's at eXp. And if you listen this you need to investigate eXp, it's real it's the fastest growing most dynamic real estate company in North America. All the stars are coming. It is exploding I heard what people in the queue. We have ten thousand agents now. When I was here 16 months ago there were fourteen hundred and now we're at 10000. That's not doubling or tripling or quadrupling it's exploding it's it's unbelievable what's happening and we will be at 30 and 40000 agents in the next year or two and then we're going to 80 to 100000. I'll tell you this we're growing internationally across Canada we're going to open up Mexico we're going to open up the Philippines South America, Brazil, Chile Argentina. I'm going to get paid on home sales in South America and South Korea, Japan and China. It's going to happen Coldwell bankers worldwide Remax is world worldwide but we will grow faster and here's why there are 206 countries in the world. There are 25 million real estate agents and brokers and I'm telling ya eXp is going to have a couple million of those 25 million and I plan on having hundreds of thousands a part of my organization. I'm working hard for people. Kevin you're working hard for people. Gene Frederick is working hard. Rob Flixscott and Tracy Lewis there are so many amazing people at this company and it's just exciting to see what's happening. You know I was thrilled to be Kelly Holmes. I am ten times more excited at be eXp because of what it does. People have so much hope they like can't sleep. So excited I can't sleep. And it reminds me of Keller Williams back in the late 90s and they invented something that was better company exploded. They're a great company their a fine company. They just don't have six different stock awards. They don't have the revenue sharing components. They don't have five to 10 classes a day at least at this point that we have access to that eXp does in the cloud and they don't turn on agents phones and have the ability to deliver 100 to 200 300 leads a month through conversion and we're coming up with Cavey care. I think is it Cavey Care, am I saying it right. KEVIN: Cavey Core. BRENT: Victor Core which is like conversion times 10 with the tools it is unbelievable. Buckle up the world is about to see the most dynamic real estate company ever to hit planet earth like a Netflix like a Google like an Amazon. This is a game changer and it's for real. KEVIN: Well some of the stuff you touched on a lot of mega agents and mega mega agents and expansion agents are going to listen to this and I want to make something very clear that you touched on which is you're going to get called to Austin or wherever headquarters is for the franchise system you're in and they're going to offer you the world but don't get confused by waved caps right. If you look at it let's say they wave 200 300000 dollars where the caps for him how much equity you have. Right. BRENT: By the way Brett Jennings has offered four hundred thousand dollars by compass and turned it down. KEVIN: Sure. So you look at the value proposition but what I'm dealing about in the franchise system I want people to hear this pretty clearly they're going to attempt to lure you back with free caps so even if you've got in this case this mega mega team. A quarter of a million three or four hundred thousand dollars in waved caps which is why you're going to go to that's their only lever. Don't get confused with the fact that you are passing equity because here's what they're trying to do. They're looking to do a Silicon Valley play which is if you can keep a key executive off of the playing field so they can't earn equity and they can't earn incentive compensation until the opportunity is gone. They no longer have the incentive to leave. And so if they could keep them out of play for a few years by giving them a free cap he doesn't get to own the equity or the revenue share. So if you're hearing this and you're thinking about doing something we'll talk about due diligence steps here in a minute. Don't ever get confused about why they're doing this. They want you to get to the point where you don't have an opportunity for revenue share you have the opportunity for equity. Brent you said after 16 months what does your equity look like right now. BRENT: Close to half a million in stock. And this year my CO sitting over here will make close to 2 million liquid cash my second year. And if the stock does well who knows I won't go on record right. Definitely have my thoughts on how that stock's going to go. I can tell you this it was three dollars a share when I got in 16 months ago and it's trading at over 12 dollars a share today. You know what I'll trade at tomorrow but that's kind of interesting. What was it before that. Years and years ago it was 13 cents a share and 20 cents a share than a dollar of the two and then three and six then nine now it's 12. Who knows what the future will be maybe to go the other way. But I had 20 years of zero I do want to say this Kevin. When you go back to your broker and go well what do you think this is what I think your broker. And it doesn't matter where you go if it's eXp and you're a ReMax agent you're thinking about going to Coldwell Banker or Coldwell Banker agent and you're thinking about going to Better Homes or you're a better homes agent and you're thinking about going to Keller Williams. It doesn't matter where you're going your brokers even go that's so awesome. You're leaving our company Century 21 and you're going to Better Homes wow we're so excited. That's a that's a great idea. That is not going to happen. They get really negative. Every reason reasonable world why you shouldn't be at Remax why you shouldn't. Go to Coldwell Banker. Why Keller Williams is a huge mistake and Remax did it with me when I went to Keller. They were wrong. Keller was better and then Keller didn't tell me about eXp, passionately told me this was a bad idea and about a listen to him. I wouldn't be making a few million dollars this year. And I wouldn't have all the stock in it so great to see people's lives change. I have many people many many many many people making 5 15 20 25 30 thousand a month Revenue shares. Some of them just a lousy thousand 2000 dollars a month. I know my second month I earned five thousand dollars. Revenue sharing my first month 9800 by my third month I was making ten thousand a month. And by fifth month I was making 25000 a month revenue share outside of sales every single month compared to profit sharing which after eight years I was averaging four hundred a month. And because our office was no longer as profitable and if you're not as crud I'm making 2000 a month congratulations your office is running very profitable right now. I was no longer running the office wasn't in charge of the bottom line and mine had dropped to 400. But to be able a little point where I was knocking down 25000 a month every month like clockwork. Not a year but a month and then go to the point where I was making 40 50 60 and 70 thousand a month every month, not year. You're special. Come on. I mean that you know you do the work you earn the money. I went enroll 24 people in three and a half months. And it just went berserk. Go do that. Just go give it a shot. Learn more about the company but just remember your brokers not going yay that's so cool eXp such a great idea. They will offer you ownership. They will offer you money they will offer you free offices, they will give you 100 percent cap. They will do anything they can they'll offer to fly you to Austin first class and spend six hours with you. If you're a big enough player which is exactly what Gary Keller did personally with Brett Jennings and you know what after that Bret goes wow it's impressive thank you. He's grateful to Keller. But the value proposition is so powerful he had to leave the company he loved like me for eXp and he is excited. And today's his first day eXp there's a big huge empty office at Los Gatos Keller Williams homes and they're in shock that their star left their star agents are leaving the top brokerages nationwide. I'll just tell you this Kevin in Sacramento we pulled the numbers Coldwell banker is losing agents not gaining not for the month but for the year they're down Century 21 went down Remax down Keller Willaims down that number one company losing agents is Keller Williams actually followed by Coldwell bankers, Century 21 to Remax. Now the companies that are growing third place Homes Smarts second place Realty One first place eXp. 16 months ago not a sale today 10 percent market share. One of California's largest metropolitan cities was scratched the 10 percent market share. This year we're probably at a 20 25 percent market share eXp is coming on like a hurricane. Check it out. Check it out. Check it out. KEVIN: You know what's interesting about this Brett. You got the red eye flights into Austin right. We're just talking about one example right Remax all the same thing. But the next card to be played. Mark my word is going to be pressure on the market center owners in the OPs to drop their caps to try and give people incentives to stay. They don't get it. They don't understand the market's been disrupted and all that's going to do and I'm tying this down to your point when you see that if you're at the franchise system where they just cut the caps in half. Brett what would that have done to your Roseville market center if somebody came to you and said you going half what happens to profitability. BRENT: Profitability was already totally hurt. So yeah I mean the way it decimates slopes are going to push back and they're in a tough situation they've got these commercial leases signed on these giant behemoth options that hold two or three hundred agents in some cases 4 5 6 hundred agents they've got 5 10 year commercial leases they're in big trouble. They'll say stuff like Well is it a sustainable model why don't you tell me when the market corrected last time at two thousand five six seven whatever you want to say till 2011 or 12. Who was hurting and people of big offices were hurting. eXp is cloud based. Now we have a joint venture with Regis, we have thousands of locations there are 12 Regis corporate suites in Sacramento. Some are amazing, some aren't as nice. Plus I have my own private office many agents have offices. So if you have an office keep an office just move out of where you are into some business park or corporate suite you'll be surrounded by people who aren't real estate agents or brokers. I mean it's so ironic well I like only the office really are surrounded by agents and brokers at my beautiful office I'm surrounded by a hundred forty professionals. You don't have real say license but they buy and sell real estate. List sell buildings. I mean it's been unbelievable for business, get out of your office and get out into a community and the best way to do that is be cloud based but if you like an office which I do. I have my own office you can afford and you get a pretty three hundred a month to work with your stockbroker your Allstate agent your nations wide insurance agent farmers financial planner a lot of these people have offices they're not even using. Hey can I move for free and you can still have an office environment but eXp doesn't have it. So when times get tough the model that's not sustainable or the old way of doing things just ask Blockbuster. Ask Toys R Us asked Yellow Cab ask the hotel industry that's given their fanny handed to them by air BnB I mean the cloud based technology driven is where it's at. We got here 9 years ago. We've got a nine year headstart they'll be competitors that come in but baby were publicly traded we're we're growing and it's going to be nothing short of amazing so I'm just stoked if can't tell. KEVIN: Oh I'm right there with you. So if somebody is listening to this Let's say I'm a mega mega agent or a capper and I want to do the right thing I need to dive in and do some due diligence. What are the two or three things you think they should do to get the right answer. Before you answer one of the things I'm going let's say this as a caveat and we've done this on every interview is it doesn't matter who introduced you the eXp you'll hear Brent give his contact information at the end. We don't care how you got to introduce the eXp. Everybody is here to get you the right answers if you need to talk to Brett Gene or me or pat Hayes or whomever. We're all here to help regardless of how you were introduced to eXp. So Brent would a two or three things be that you recommend. BRENT: Well number one whoever turned you on eXp they got to this point you owe them a big old fat thank you a hug and kiss on the lips whatever you want but you need to stick with that person that person in my opinion should be your sponsor your rolling sponsor at eXp. The kind of thing where you shop around. If it wasn't for them he would even know about the opportunity. So a) My sponsor was a single mom out of Texas I've never met but I've changed her life. She's I don't know. Last I heard she's making 40000 a month revenue share. That will change a single moms life. And you know she helped me for the first two or three months and we were off running. You know so a we were you always been that should be your sponsor so if you reach out to Pat Hayes or Scott Tracy Lewis or myself or Gene Frederick and you already talking to someone we will love to talk to you and tell you about this amazing company. But whoever turned you on to the company in my opinion that should be your enrolling sponsor. End of story. End of story. I've had nine people ask me to sign them up I'm like nope. Because you've thought about this through somebody else whoever it is you need to go back to them. They need to sponsor you. I don't know that well I didn't know my sponsor either. I met her one time for 60 seconds. Thank God she called me and turned me on to this. I knew I would be interested in the eXp. I mean my gosh what could possibly be better than Keller Williams. In my mind I'll be like your company. I didn't like mine. I loved mine and for this company to do what it did for me. I'm so grateful to her so it doesn't matter whether you know your sponsor but you should call people ask questions get going and if someone tries to recruit you away from ever turned you on to this I highly recommend you not enroll with them because they have no integrity and it's just it turns my stomach. So someone is trying to convince you to go with them over somebody else. They have a massive lack of integrity. MAJOR red flag. I highly recommend you not go with them and you go with the person who turns you on eXp in the first place. Yet owe it to them. So that's my two cents I got off topic on that one a little bit but I just want to cover it. KEVIN: I'm glad you did because for the vast vast majority this is a culture that is not visible to the outside world eXp. I mean we both came from a franchise system that talks about culture and win win and values. I can tell you haven't been and experienced it in that franchise system and here. The culture is amazing from a standpoint of people helping you know it and it doesn't matter if it's me or Jean or you Brent it doesn't matter how you came into the system were here all the way down to the agent in Anchorage you mentioned. Doesn't matter who gets tapped on the shoulder to help the culture of win inside of you eXp is amazing. So before I let you drop off Brent any final thoughts and then I want to get your contact information in case somebody wants to reach out to you. BRENT: You bet. I do want to say one thing about the culture of this company. It is amazing. It's always great people from all the greatest companies coming together. The culture is unreal. Well I'm doing four hundred million a year. I got you know sixty five buyer's agents. Why would I want to do this. Because 16 months ago I only had 18 and I was severed to the market conditions are Sacramento California now. My business is up and up throughout 37 states. I'm diversified and I now have as of today 1489 brokers and agent associates of the eXp that I get to share revenue on and they are thrilled to be here. So my team went from 18 to 14 189 across 37 states and throughout Canada. So I highly recommend you look at this because where we you 16 months ago. I don't know 40 50 agents what you got now 60 maybe that a hundred and look at how powerful this model it's not me it's the value proposition. How powerful eXp is. I hope you come to our next big annual conference which is in New Orleans in October. By the time this goes out we'll have past our shareholders meeting in Las Vegas which happens April 5th and 6th it's probably by the time this hits the open market that a year passed. But we do two events here the next on 22nd 23rd 24th double check the dates in October in New Orleans. It's going to be an absolute hottest ticket in real estate in North America the fastest growing most dynamic real estate company that is changing people's lives like I've never seen eXp come out there. Check us out. Bring people. I did. And I got an unfair advantage and my business exploded because of what I learned from that event. So that's all I've got to say. KEVIN: Fantastic Brent. Somebody who is listening to this. They want to get a hold of you, what's the best contact information for you. BRENT: I'd be happy to answer your questions and send it right back to them and they should be your sponsor. End of story. 916-223-5555 is my cell phone 916-223-5555. Text me not going to give out my email address because I gave up reading email last summer. My staff reads my email. I don't do email. Course I do email but my staff will be the talking to my staff not me. You want to talk to me. Text me. That's how I prefer to communicate. That's what happens when you're 59 and you're a baller. You get to call the shot. So the number is 916 223 5555. Text me your question if you want to talk just text me the words Call me and tell me who you are and where you're from and I'll reach out to you when I get a break. Probably the same day usually within an hour or two just depends on what I've got going so I hope this was helpful Kevin. KEVIN: Absolutely. Thank you for coming on the show. BRENT: All right take care. Bye everybody.

The disease has moved out of Africa, it's now in the Middle East. It's only a matter of time before it arrives. It's a numbers game. Pat Hayes joins us to talk about barley breeding, the race against disease, genetic tools, and more.

Part 3 with the legendary Pat Hayes of Lamont Cranston Blues Band! We discuss: opening for the Rolling Stones, touring with Bonnie Rait, leaving a legacy, fishing, etc. Enjoy!

Part 2 of 3 with Pay Hayes of the iconic MN blues band, Lamont Cranston! We discuss: Dan Akyroyd, Sugar Blue, touring with Bonnie Rait, etc. Enjoy!

MN music icon, Pat Hayes of Lamont Cranston Blues Band! We discuss: Muddy Waters, harmonica, driving Jr Wells and Buddy Guy to Stillwater prison, etc. Enjoy!

Popular MN music legend, Brian Leighton of GB Leighton! We discuss: Shag, Pat Hayes, songwriting, etc. Enjoy!

Dr Pat Hayes, Professor of Barley Breeding at Oregon State University, is my guest this week to discuss advances in barley breeding, genetics and what beer brewers can look forward to from future barley varieties. The show notes for this episode can be found here.

Dr Pat Hayes, Professor of Barley Breeding at Oregon State University, is my guest this week to discuss advances in barley breeding, genetics and what beer brewers can look forward to from future barley varieties. The show notes for this episode can be found here.

1 new Pat, 2 new Prince albums, all old jokes. If you never get tired of hearing white guys pontificate about funk and soul, this is the podcast for you. Purple Rain Art Official Age PLECTRUMELECTRUM

1 new Pat, 2 new Prince albums, all old jokes. If you never get tired of hearing white guys pontificate about funk and soul, this is the podcast for you. Purple Rain Art Official Age PLECTRUMELECTRUM