Real estate team structure

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Here's an inside look at my real estate team and my team structure. I will show you all of the positions, schedule, duties, and responsibilities of everyone on the team. You're free to structure your real estate team the way you want, this is the way that works for us. If you're thinking about joining a real estate team, definitely weigh out the pros and cons of a real estate team.
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Chastin J. Miles is a licensed TX real estate agent with eXp Realty
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#realestate #realtor #realestateagent #realestateinvestor #realestateinvesting #realtorlife #realestatesales #business #businessowner #salestips #sales

Опубликовано:

6 авг 2019

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Комментарии : 88

@jerryjoseph9492 5 лет назад

Fantastic, a part 2 video that explains the financial breakdown on compensation would make this complete.

@freelancershogun 5 лет назад

Invaluable insight...thanks, Chastin!

@captainjamestcrypto5295 5 лет назад

Thank you so much Chastin.

@Izzythrills 4 года назад

Thanks for this! I’m thinking of joining a team as soon as I finish my training and was wondering what it’s like!

@idubleve 5 лет назад

At another point of view. You are definitely someone I would want to work for. Your humbleness shows through the foundation that you have structured for your business. I don't know what it is but I'm so proud of you. I've been watching your videos and think you are very inspirational and selfless. You're an amazing person from what I can tell. Keep it up and stay humbled

@ChastinJMiles 5 лет назад

I appreciate that!

@R0yalBeauty77 4 года назад

I was thinking of the same thing except I am in the DMV area and still practicing for my exam.

@AdityaKumarSoma 4 года назад

Man your amazing - thanks for sharing about your team details

@trycep4217 5 лет назад

Love it! You’re the Best. Love how you keep it so simple. Thanks for responding so quickly. Keep up the good work!

@ChastinJMiles 5 лет назад

Thanks for watching! I appreciate that.

@reesescales784 3 года назад

Thank you so much for being willing to be so forthcoming with Amazing levels of information! Your energy puts a battery in my back everytime to go Make It Happen!

@ChastinJMiles 3 года назад

Wonderful! Thanks for watching Reese.

@RickyCarruth 5 лет назад

#letsgooo

@ChastinJMiles 5 лет назад

Whattup!!!!

@austinlopeztherealtor 5 лет назад

My favorite video by far! Keep up the good content!

@ChastinJMiles 5 лет назад

Yeah you've been waiting on this one!

@pasmith5873 5 лет назад

Great job. Thanks for sharing. Do a part 2 and maybe discuss when to start a team and the financial break down of how the team makes money.

@AngieMBlanco 5 лет назад

PA Smith I think this is a great video idea.

@shawnmayo8210 6 месяцев назад

Exp uses a vertical marketing strategy, so the set up is to constantly build up people beneath you and you make money off them, so long as you have people under you and they are making money. So more time is spent recruiting than on the inventory and buyers out of necessity. It's not a bad system, but I have been approached by eXp, Exit, KW and they just haven't made sense to me, considering I also get full service for my brokerage share. I net more even without capping as an option, but I'm more than happy to pay 10% to our admin team, than to cap and still have to hire and manage my own admin team out of pocket.

@Knoowee 4 года назад

Love the structure! Would like to know how to build a team or realtors from scratch :)

@jocelynhernandez2475 5 месяцев назад

Amazing

@calebriddle2532 2 года назад

I would like to start a team in the future and a video about financing the team would be great like. Thanks

@livinginpalmbeach 3 года назад

First time looking at tour videos... thanks for the info! Where dis you find your ISA?? We’ve been looking for one for months!

@tyrandyb4103 4 года назад

Thank you!

@tylerreed3816 5 лет назад

Great video! Can you make a video on how to recruit people and make them want to join your team? thanks for the amazing videos.

@jdunlap007 3 года назад

Whew! I was worried there for a sec. Thought I was gonna see a all white team. Thanx for giving me a little more hope! Lol!

@ChastinJMiles 3 года назад

LOL!

@Yayo509 3 года назад

wow. so hands on and surrounded by just the good people! I wish I lived in Dallas so I could join your team lol

@ChastinJMiles 3 года назад

Where are you located?

@BrandanTheBroker Год назад

hey Chastin, I'm back with a new suggestion: Team vs Group structure, the differences, and how to structure them in a way you can break away from a brokerage intact

@ToiHollidayRealtor 5 лет назад

Great video. I am wondering if you can apply this structure if you are at a flat fee brokerage. If so, how does the team lead get a stipend from the team sales?

@Imaboss42095 5 лет назад

YESSS!

@robertozanirealestate7130 4 года назад

I just started a real estate team ,after I sold 40 homes as an agent but I do not have an idea how much I should pay my agents.Thanks the Video was great

@kaylaanthony6120 2 года назад

How much does your inside sales lead get paid? And how often are they working?

@Monumentale 3 года назад

Hi Chastin, I really appreciated your video about team structure. I have just some questions: why creating such a team in eXp and not as independent? How many agents of your team are directly subscribed in eXp? How do you share commissions between members? Best Regards from Italy

@darryllongii9108 5 лет назад

Very good structure!! I just teamed up with a good buddy of mine to grow some of my business here in Charleston, SC. We are going strong currently and I see us expanding to a similar structure as yours within the next year. Let me know if you ever have clients moving out here, would love to set up a referral system for you

@ChastinJMiles 5 лет назад

Will do!

@tayshaunbutler4660 3 года назад

Love the video.... can you recommend a great source for ISA?

@ChastinJMiles 3 года назад

Shoot me an email, I can refer you somewhere. cmiles@chastinjmiles.com

@sabrinaseb8421 3 года назад

mans da real mvp

@ChastinJMiles 3 года назад

💪🏾💪🏾

@emilygetsreal477 2 года назад

What system do you use to keep everyone on the same page?

@AngieMBlanco 5 лет назад

You’ve got this down to a T!

@tc2gone 3 года назад

How does the money trickle down. Who is The Rainmaker?

@bridgettbaldwin7581 5 лет назад

Thanks! How are the Buyer and Seller assistant positions compensated?

@ChastinJMiles 5 лет назад

Bonuses

@crimwil 5 лет назад

Do a video on sponsor roles

@cinma4890 5 лет назад

You have an amazing Team! Very well structured.

@ChastinJMiles 5 лет назад

Thank you!

@AngieMBlanco 5 лет назад

Cin Ma agreed! Perfectly thought out.

@BJTHETXREALTOR 5 лет назад

Awesome breakdown man. Are you currently out of production since your the team lead or you still go on listing appointments, open houses, etc...?

@ChastinJMiles 5 лет назад

Correct. I have stepped out of personal production. I have one of my team members handle all of my personal stuff.

@BJTHETXREALTOR 5 лет назад

@@ChastinJMiles man that's awesome, y'all on fire.

@BrandanTheBroker 5 лет назад

This was an awesome video, thanks for breaking it down. Now, 2 video ideas: 1) how to start a team 2) how to start a brokerage

@ChastinJMiles 5 лет назад

I can definitely do how to start a team. I've never started a brokerage so I wouldn't want to speak about something I haven't personally experienced.

@samsellskc199 3 года назад

Hey! Have you done a how to start a team video?

@aidasellsflorida Год назад

Chastain, I definitely am going to have my own team in the future and so I'm getting myself educated in the process until thank you so much for the video I do have a question however that ISA do they have to be licensed to make appointments? I'm guessing no, but just making sure.

@ChastinJMiles Год назад

No, they're just setting appointments for you. Just be sure they use scripts that don't cross the line of license vs non-licensed

@aidasellsflorida Год назад

@@ChastinJMiles appreciate you!

@adambowen6496 5 лет назад

great video. Question, what kind of support does the brokerage provide? Are any of the team provided by the brokerage, and if so, is that covered by the commission split?

@ChastinJMiles 5 лет назад

No the brokerage does not supply team members. All staff members (admin) on the team are paid separately from the broker. Of course the team members have access to all of the brokerage resources.

@adambowen6496 5 лет назад

@@ChastinJMiles Great and thanks for the response. Perhaps you could put together a video or course on how and when to build a team, i'm sure others would like help with that. Also, I'm having trouble getting into my rental boss course. Who do I speak with about this?

@wasabi622 5 лет назад

How does one join a team, as a new agent, within a brokerage? Do you just kinda walk around and ask random agents to start a team together??

@ChastinJMiles 5 лет назад

Yeah, you can look around for job postings or see if any team is actively recruiting. You can also start your own team with other agents.

@nancykay4128 5 лет назад

Where did you get your “Worth More” T shirt? I’m on a team as both the Transaction coordinator/ Buyer Agent and I enjoy hearing about your ideas and experiences

@ChastinJMiles 5 лет назад

teespring.com/stores/worth-more-today-store

@aishanusoul 3 года назад

Can we talk about the topic & what to look out for, how to prevent it? How is it all suppose to work if your team lead (who does listings) gives u leads on his listings? If it's a buyer am I suppose to keep him as my client? Or is the lead entitled to take it & do a dual-agency under him representing both sides? So now I dont understand the point of him giving me leads.

@ChastinJMiles 3 года назад

You would have to check the agreement you have with your team leader.

@aishanusoul 3 года назад

@@ChastinJMiles the agreement just says 50/50 split

@stephaniespenner3264 3 года назад

Love this and thank you for sharing! Can you share how your ISA is paid? Thank you!!

@ChastinJMiles 3 года назад

Hourly at $25 an hour.

@rcautolover 3 года назад

Only thing your missing is how everybody gets compensated. Thats the important thing!!

@ChastinJMiles 3 года назад

I have a graduating split structure. Starts at 50%

@kodyibarra3518 4 года назад

How do you structure pay for all those team members?

@ChastinJMiles 4 года назад

Depends, but for the most part, it comes out of the revenue. Each job has a salary or hourly number based on revenue for the past year. Then there are yearly reviews and increases are made if deemed necessary.

@VictorSanchez-cd6ow 3 года назад

Do all of your agents and team members need to have their licenses hung with EXP realty as well?

@ChastinJMiles 3 года назад

Yes.

@VictorSanchez-cd6ow 3 года назад

@@ChastinJMiles Thank you!

@wyattcooper9966 3 года назад

How do each of the roles get paid

@ChastinJMiles 3 года назад

The staff positions are on hourly and salary depending on their jobs and the sales agents are on commission.

@wyattcooper9966 3 года назад

@@ChastinJMiles also how do I find a team if I just finished getting my license?

@Justsanaa10 2 года назад

0:31

@VictorSanchez-cd6ow 3 года назад

Do you as a Team Leader have an assistant?

@ChastinJMiles 3 года назад

I do.

@thecuresavelives7080 3 года назад

what

@aishanusoul 3 года назад

I think my team lead gave me a lead, & as soon as I left notes indicating it was a good cash lead, I believe he stole it.

@ChastinJMiles 3 года назад

Hey there, sounds like an issue you may have to address with your team leader. Thanks for watching.

@aishanusoul 3 года назад

@@ChastinJMiles yes I guess since I'm new. Etc..I'm not sure what the boundaries, rules & expectations are geneeally once a lead is given too you by the team lead.