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The Tom Ferry Podcast Experience

Surviving a Real Estate Team Implosion | Tom Ferry Podcast Experience

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.71.1K Ratings

🗓️ 2 August 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

A real estate team is like a scientific chemistry experiment. You’re combining a bunch of different elements to try to create a beautiful result. But sometimes the chemicals might react in a way you didn’t expect and explode.   When this happens, your survival depends on the precautions you set in place, and that’s what we’re talking about on this episode of the Tom Ferry Podcast Experience. I have two awesome real estate team leaders Daniel Dixon and Meredith Fogle, who have been through quite a few implosions and explosions themselves – some of them intentional.   If you’re running a real estate team, this one is for you, especially if you haven’t experienced an implosion yet.

Transcript

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0:00.0

So here's the thing, entrepreneurs, leaders, salespeople.

0:05.9

We all want to create consistent, repeatable, and scalable ways to grow our business and

0:10.1

our income.

0:11.1

And we want to do it better, faster, and more seamlessly.

0:14.2

Why?

0:15.2

So we can actually enjoy our lives, take vacations, and spend the quality time that we want

0:18.9

with the people that we love.

0:20.6

How do we do all this without spending a fortune or running ourselves ragged?

0:24.9

That's the big question, and this show is dedicated to the answer.

0:30.2

I'm not sure if this show is for you, but would you like to know how to survive or real estate

0:37.9

team implosion?

0:39.2

Essential strategies for what to do when your team blows up.

0:43.9

Even when you blow it up yourself to help you get there, I've got Merritt Fogel and I've

0:49.3

got Daniel Dixon.

0:50.3

Merritt, you got a huge team in like Maryland, D.C., Virginia.

0:54.6

You've got Denver, kind of greater Metro, which is just a monster metropolitan for the people

0:59.0

that have never met you before.

1:00.0

Merritt, you've given just a little insight how long in the business, what does the team

1:04.2

look like?

1:05.2

And one was the last time it imploded.

1:07.7

So 29 years in the business, the team right now is 22 agents.

1:12.8

We have been at a high of 34, 22 after an implosion filled back up again.

...

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