Top Realtor Daniel Beer was on top of the world in 2007 with his real estate business BOOMING, and then the real estate crash happened. He lost EVERYTHING. No money in the bank, no money to pay his rent, at an all time low, but he didn’t let that discourage him. He put his foot down and started making changes and adjustments to grow his business and make a living again. Fast forward to 2017 and he is now making over $160 MILLION a year as a realtor and team leader. Listen to what he did to turn his business around, the changes he made and implemented, the kind of effort that it took to re-build his business, things that new and old realtors alike should know when building a team and making hires, and so so much more. Check it out!
0:01 – Introduction
5:20 – Start of interview
7:10 – What happened to your business in 2007 the caused you to lose so much?
11:40 – What are some things you changed in order to turn your business around and to start making money again?
16:20 – How did you go about growing a team and making the correct hires?
19:30 – Where do realtors start when building a team?
27:30 – If you don’t have systems and processes in place, you need to hire someone who can do that for you
29:30 – What do you look for when hiring to make sure everyone is the correct fit?
33:40 – What advice do you have for people that are looking to make a compensation structure for their team that will allow them to exit?
39:00 – Your motivations aren’t your teams motivations, and the compensation structure should reflect that
48:40 – What are some things you do in your office to build culture?
53:00 – Transparency in business is vital
54:50 – What are some shifts you made to work on your scalability?
57:20 – What’s included in your training program?
1:04:00 – Advice and motivation for the GSD listeners
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