Virtual Real Estate: The Future of Real Estate with Rhyan Finch
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 25 September 2023
⏱️ 20 minutes
🧾️ Download transcript
Summary
Rhyan Finch is the owner and CEO of 1st Class Real Estate, the 1st Virtual Real Estate Franchise. Utilizing valuable insights, he has successfully franchised his proven and successful model, empowering real estate age.
Top 3 Value Bombs
1. Simple scales and fancy fails.
2. You can start from anywhere and you can end up wherever it is you want by following some of these key principles—sticking close to the to the numbers, leading with profit, finding an opportunity that works well for you, finding a leading edge opportunity, and then applying yourself, making the game, staying overbooked and leveraging.
3. People want to own their own brokerage. Your one number one job is to not have a job.
Get an access to different real estate opportunities - 1st Class Real Estate
Sponsors
HubSpot There's a better way to win, and it all starts with the new HubSpot Sales Hub. It's smart software for smart sales teams that feels good to use! Try it for yourself at HubSpot.com/sales
Belay Stop wasting time on tedious tasks that are better done by someone else. Delegate with BELAY Download their latest resource, The Power of Productivity, for free. Just text FIRE to 55123.
Transcript
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| 0:00.0 | Like that spark fire nation, the JLD here and welcomed entrepreneurs on fire brought to you by the HubSpot podcast network, the audio destination for business professionals, with great shows like the Gold digger podcast, today we'll be breaking down virtual real estate, which is the future of real estate. |
| 0:19.0 | To drop these value bombs, I brought to Ryan Finch in the EO fire studios, Ryan is the owner and CEO of first class real estate, the first virtual real estate franchise. |
| 0:28.0 | Utilizing valuable insights, he has successfully franchised his proven and successful model, empowering the real estate age. |
| 0:35.0 | In today's financial, we will talk about first class real estate, what is virtual real estate, why it's a benefit, the pros, maybe even a corner too, if I can squeeze one out of them. |
| 0:44.0 | We're going to talk about success stories and so much more. And a big thank you for sponsoring today's episode goes to Ryan and ours sponsors. |
| 0:51.0 | Online marketing made easy podcast hosted by Amy Porterfield is brought to you by the HubSpot podcast network, the audio destination for business professionals with a focus on online business, including digital courses, list building content and more. |
| 1:03.0 | Online marketing made easy breaks down big ideas and strategies into actionable step-by-step processes, a recent episode that will help you get more results with a whole lot less stress is on four ways to avoid burnouts, listen to online marketing made easy wherever you get your podcasts. |
| 1:17.0 | Leveraging fractional staffing might just be the key to unlocking growth for you in your business get started today with an exclusive offer from ballet, download their latest resource, the power of productivity for free, just text fire to 55123, that's F I R E to 55123 to get started. |
| 1:39.0 | Ryan, say what's up to fire nation and share something that you believe about becoming successful that most people disagree with. |
| 1:49.0 | Hey, what's up? Thanks for having me on here. I appreciate it. People think pushing through is the way to find success. You've got to push through the off schools and the things that are there and you know, I think it's different than that. |
| 2:01.0 | It's really you've got to go back to where it is you quit being successful and going back to it is really what's going to lead to success not trying to push through from where you are, but going back to wherever you stopped on that vision and wherever you stopped following the steps towards success. |
| 2:17.0 | Fire Nation, we're talking about virtual real estate, the future of real estate. And before we talk about the future, Ryan, I want to talk about the past. |
| 2:28.0 | How the heck did you get started in real estate essentially what happened is I ended up going to church with this guy and he drives up in this Cadillac escalate and you know, I was a plumber. |
| 2:40.0 | I ended up seeing what he was doing and what was going on and I said, I want that. And so I went up to him and I said, Hey, how do I get into what you're what you're doing and how do I do this? And he's like, Yeah, I run a real estate team. And you know, yeah, you can join on, but I had to quit my job cold turkey and jump into real estate. |
| 2:57.0 | But you saw that Cadillac escalate. You saw the road to success. You saw the fruits of the labor of this individual. And you said, you know what? |
| 3:04.0 | Looks like a mentor in the making, but you still had an aha moment at some point, which led you to create first class real estate. What was that aha moment? Walk us through that. |
| 3:17.0 | Ultimately, what happened with first class I just decided I wanted to set up something that was different than what everyone was doing and you know, I wanted it to be my own office. |
| 3:28.0 | I knew that I had to go from being an agent to being on a team to really running my own company. And you know, it was part of just an evolution of growth. And it was just the next steps for me. |
| 3:39.0 | What was the obvious reason that first class real estate had to exist? |
| 3:45.0 | Looking back on it now, you know, I can see that we were paving the way that we were figuring out some things and going through the problems and the bumps and bruises to really set it up for the next level of business. |
| 3:56.0 | What exactly is virtual real estate? For us, we set up a technology that's all interconnected that allows people to run real estate brokerages nationwide. And you know, there's other corporate companies out there that really have done this and set this up. |
| 4:10.0 | What we did is we set it up on a really skinny model that allows people to scale and and really lower lower cost. So so the lower cost allows people to go and do that. |
... |
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