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Real Estate Rockstars Podcast

1180: How to Double Your Business in a Down Market With Philip Kang

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 5 October 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Hear how to maximize agents' production while minimizing expenses on this Real Estate Rockstars. Today's guest, Philip Kang, runs a real estate team that's crushing it in one of California's most competitive markets. Despite the fact that transactions are down this year, they've doubled their business. Philip shares the systems, the software, and the strategies that made it possible; he even offers a comprehensive guide to hiring low-cost real estate virtual assistants for everything from marketing to coordinating transactions. Links: HomeReadyTeam.com Onlinejobs.ph sisu Follow Philip Kang on Instagram Follow Aaron Amuchastegui on Instagram Learn More About Shelby and Five Pillars Nation

Transcript

Click on a timestamp to play from that location

0:00.0

Our market is down 33% in transaction volume and our team will double in production.

0:09.6

But the number one reason to that is if you are a team owner you just have to add agents onto the team, right?

0:16.4

That's going to be the number one reason.

0:18.4

Way to scale your business and you just have to have a business model and a financial model that works.

0:25.0

So once you have that, then all you have to do is add fuel to the fire and the thing will grow rapidly.

0:37.6

Welcome back to the real estate rock stars podcast. I am Shelby Johnson and I am here with Philip Kang,

0:40.8

who is a team leader out of Fullerton, California. He's closed over 350 million in real estate volume and back before real estate

0:51.0

Philip served in the army and then shifted into the real estate business

0:54.6

at first on the mortgage side of the house.

0:56.8

This is back in 2006.

0:59.1

And after experiencing some highs and some lows,

1:01.9

he pivoted into real estate sales full time and has been growing and evolving that business for the past 10 years.

1:09.0

And now his team of six agents are in track to close 70 million in volume this year and what's up Philip

1:16.2

I am so excited to have you on the show today.

1:18.0

Hey Shelby, thanks for having me. I've been a long time listener so honored to be on the show.

1:23.4

Dude, that's like one of my favorite is when listeners are on the show and they're like I've

1:27.6

been listening forever. It's like such a cool moment. Okay, Philip, there are two main things that I want to dig into today, the first of which is how you use virtual assistance.

1:39.7

Because I know there's so many agents out there who are interested in using virtual assistance.

1:44.3

They've heard it's something that they should do.

1:46.9

And you are, you guys are on track to close 70 million this year and if I understand correctly,

1:51.7

you guys just have two virtual assistance as manpower.

1:54.8

Is that correct?

...

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